Kakuzi Regulatory News (KAKU)

Condensed Consolidated Statement of Profit or Loss and other Comprehensive Income

30 June 2020

30 June 2019

Shs'000

Shs'000

Sales

889,909

619,463

Profit before fair value gain in non-current biological assets and income tax

186,022

334,857

Fair value gain in non-current biological assets

18,095

20,225

Profit before income tax

204,117

355,082

Income tax credit/(expense)

68,670

(109,501

)

Profit for the period

272,787

245,581

  Other Comprehensive Income:

Items that are not reclassified to profit or loss:

Remeasurement of post-employment benefit obligations (net of tax)

-

-

Total comprehensive income

272,787

245,581

Shs

Shs

Earnings per share (Shs):

Basic and diluted earnings per ordinary share

13.92

12.53

Condensed Consolidated Statement of Cash flows

30 June 2020

30 June 2019

Shs'000

Shs'000

Cash and cash equivalents at the beginning of the year

1,696,130

1,500,935

Net cash used in operating activities

(226,022

)

(86,944

)

Net cash used in investing activities

(195,489

)

(235,314

)

Net cash used in financing activities

(274,413

)

(176,400

)

Effect of exchange rate differences on cash and cash equivalents

12,856

1,911

Decrease in cash and cash equivalents

(683,068

)

(496,747

)

Cash and cash equivalents at the end of the year

1,013,062

1,004,188

Condensed Consolidated Statement of Financial Position

Audited

30 June 2020

30 June 2019

31 December 2019

Shs'000

Shs'000

Shs'000

EQUITY

Share capital

98,000

98,000

98,000

Other reserves

31,463

19,653

31,463

Retained earnings

5,087,249

4,621,004

4,814,462

Proposed dividends

-

-

274,400

Total equity

5,216,712

4,738,657

5,218,325

Non-current liabilities

914,503

972,478

1,007,047

6,131,215

5,711,135

6,225,372

REPRESENTED BY

Non-current assets

3,920,666

3,745,481

3,868,015

Current assets

1,568,992

1,371,745

896,890

Cash and cash balances

1,013,062

1,004,188

1,696,130

Current liabilities

(371,505

)

(410,279

)

(235,663

)

Net current assets

2,210,549

1,965,654

2,357,357

6,131,215

5,711,135

6,225,372

Condensed Consolidated Statement of Changes in Equity

Share

capital

Other reserves

Retained earnings

Proposed dividends

Total Equity

Shs'000

Shs'000

Shs'000

Shs'000

Shs'000

At start of the year

98,000

31,463

4,814,462

274,400

5,218,325

Profit for the period

-

-

272,787

-

272,787

Dividends paid

-

-

-

(274,400

)

(274,400

)

At end of period

98,000

31,463

5,087,249

-

5,216,712