JOHN HOLT : QUARTER 4 - FINANCIAL STATEMENT FOR 2022

JOHN HOLT PLC

UNAUDITED 2021/2022 RESULTS

QUARTER FOUR OCTOBER 2021 TO SEPTEMBER 2022

JOHN HOLT PLC

UNAUDITED 2021/2022 RESULTS

QUARTER FOUR OCTOBER 2021 TO SEPTEMBER 2022

GROUP STATEMENT OF COMPREHENSIVE INCOME

		CUMULATIVE	CUMULATIVE			QTR 4	QTR 4
		30HT SEPT.	30HT SEPT.			30HT SEPT. 30HT SEPT.
	Notes	2022	2021	%	2022	2021	%
		N'm	N'm	CHANGE		N'm	N'm	CHANGE
Revenue	1	3,502	1,186	195	583	333	75
Cost of sales		-2,896	-944	(207)		-536	-138	(289)
Gross profit		606	242	150	47	195	(76)
Other operating income		61	321	(81)	38	334	(88)
Exchange (loss)/gain		105	-429	124	179	-18	1,072
Distribution expenses		-199	-192	(3)	-40	-20	(103)
Administrative expenses		-348	-343	(1)		-54	-150	64
Profit/(loss) from operating activities		226	-401	156	170	340	(50)
Finance costs		-173	-152	(14)		-51	-42	(20)
Profit/(Loss) before taxation		53	-553	110	119	298	(60)
Taxation charge		-18	45	(140)		-11	-1	(1,357)
Profit/(Loss) after taxation		35	-508	107	108	297	(64)
Total comprehensive income transferred to retained earnings		35	-508	107	108	297	(64)
Earnings/(Loss) per share (kobo)		9.0	-130.3	107	27.69	76.23	(64)

JOHN HOLT PLC

UNAUDITED 2021/2022 RESULTS

QUARTER FOUR OCTOBER 2021 TO SEPTEMBER 2022

GROUP STATEMENT OF FINANCIAL POSITION

		30HT SEPT.	30TH SEPT
	Notes	2022	2021	%
		N'm	N'm	CHANGE
Non current assets
Property, plant and equipment	7	1,873	1,859	1
Investment properties	8	3,315	3,295	1
Assets under finance lease	9	7	9	(20)
Investment in subsidiaries		199	199	-
Available for sale financial assets		54	37	46
				-
		5,449	5,399	1
Current assets
Inventories	2	243	416	(42)
Trade and other receivables	3	1,430	1,414	1
Prepayments		66	89	(26)
Due from related parties		2,806	3,386	(17)
Cash and cash equivalents	5	43	224	(81)
		4,588	5,529	(17)
Current liabilities
Trade and other payables	4	2,176	2,271	4
Due to related parties		24	24	-
Loans and borrowings		778	753	(3)
Taxation payable		661	644	(3)
Employee's benefit		36	39	8
		3,675	3,731	2
Net current liabilities		913	1,798	49
Non-current liabilities
Deferred taxation		241	241	-
Loans and borrowings		18	24	25
Due to related parties		4,059	4,923	18
Net assets		2,044	2,009	2
Capital and reserves
Share capital		195	195	-
Property revaluation reserve		624	624	-
Revenue reserve		1,225	1,190	3
Shareholders' funds		2,044	2,009	2

Dr. C. Ezeh		Group Managing Director
FRC/2017/IODN/00000016475
Mr. Adeche Okeje		Chief Finance Officer
FRC/2013/ICAN/00000005141
This account was approved on 27th July 2022

JOHN HOLT PLC

UNAUDITED 2021/2022 RESULTS

QUARTER FOUR OCTOBER 2021 TO SEPTEMBER 2022

STATEMENT OF CHANGES IN EQUITY

	Issued share	Revaluation	Revenue Total equity
	capital	reserve	reserve
	N'm	N'm	N'm	N'm
At 1 October 2021	195	624	1,190	2,009
Profit/(Loss)			35	35
Other comprehensive income				-
Deficit on revaluation of property				-
Depreciation written back on revaluation of property				-
Total comprehensive (loss)/income for the year	-	-	35	35
Contributions by and distributions to owners:
Dividends paid				-
Total contributions by and distributions to owners	-	-	-	-

At 30 September 2022	195	624	1,225	2,044
At 1 October 2020	195	571	1,698	2,464
Profit/(Loss)			(508)	(508)
Other comprehensive income
Surplus on revaluation of property		53		53
Fair value loss on available for sale financial assets
Total comprehensive (loss)/income for the year	-	53	(508)	(455)
Contributions by and distributions to owners:
Dividends paid				-
Reserves on actuarial valuation transferred to revenue	-	-	-	-
Total contributions by and distribution to owners	-	-	-	-
At 30 September 2021	195	624	1,190	2,009

JOHN HOLT PLC

UNAUDITED 2021/2022 RESULTS

QUARTER FOUR OCTOBER 2021 TO SEPTEMBER 2022

GROUP STATEMENT OF CASH FLOWS

		30HT SEPT. 30HT SEPT.
	Notes	2022	2021	%
		N'm	N'm	CHANGE
Cash flows from operating activities
Cash received from customers		3,503	1,455	141
Cash paid to suppliers and employees		-3,492	-1,316	-165
Input VAT		124	42	195
Output VAT		-127	-46	-176
Income tax paid		0	-5	0
Net cash provided by operating activities	6	8	130	-94
Cash flows from investing activities
Purchase of fixed assets		-34	-80	57
Proceeds from sale of fixed assets			1	100
Net cash provided by investing activities		-34	-79	57
Cash flows from financing activities
Proceeds from/(Repayment) of loans and borrowings		19	-162	111
Finance cost		-173	-152	-14
Net cash provided by financing activities		-154	-314	51
Net (decrease)/increase in cash and cash equivalents		-181	-263	31
Cash and cash equivalents at 1 October		224	487	-54
Closing cash and cash equivalents	5	43	224	-81
Cash and Cash Equivalents			(1,011)
Net Cash Provided by Operating Activities			1,526

#REF!