Supplementary Announcement Of Abridged Unaudited Interim Consolidated Financial Statements
GO LIFE INTERNATIONAL LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: 098177 C1/GBL)
Primary Listing SEM share code: GOLI.N0000
Secondary Listing JSE share code: GLIISIN: MU0330N00004
(“the Company” or “Go Life International”)
Supplementary Announcement Of Abridged Unaudited Interim Consolidated Financial Statements
For The Six Months Ended 31 August 2017
INTRODUCTION
Further to the publication of the quarterly results for the quarter ended 31 August 2017, the Company is also
required to publish interim results for the six months ended 31 August 2017. Interim results were not previously
published by Go Life prior to its listing on the JSE in November 2016.
The supplementary information published below should be read in conjunction with the results that were published
on 13 October 2017. The Statement of Financial Position as at 31 August 2017 has not changed from the previously
published results.
STATEMENT OF PROFIT / LOSS AND OTHER COMPREHENSIVE INCOME
THE GROUP THE GROUP
31 Aug 2017 31 Aug 2016
USD USD
Revenue 781 899 599 098
Expenses (473 717) 551 209
PROFIT/ (LOSS) FROM OPERATIONS 308 182 47 889
Share of profits - Associates 60 628
Finance Income 5 154
368 810 53 043
Finance costs (142 128) (922)
PROFIT / (LOSS) BEFORE TAXATION 226 682 52 121
Taxation - -
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 226 682 52 121
STATEMENT OF CASH FLOWS
THE GROUP THE GROUP
31 Aug 2017 31 Aug 2016
USD USD
Profit/ Loss for the Period 368 810 (86 657)
Net Cash from Investment activities (24 673 219)
Net Cash (used in ) investment Activities 24 982 217
Share of profit of associate (60 628)
Net Cash from Operating activities 308 182 222 341
Trade and other receivables (334 642) -
Trade and other payables 218 903 -
Movement in net cash resources 423 921 222 341
Cash and cash equivalents - Start of period 373 798 2 534
Cash and cash equivalents – End of period 797 719 224 875
SEGMENTAL REPORTING – 6 MONTHS ENDED 31 AUG 2017
Frail care
Nutraceutical Property Associate Total
USD USD USD USD
Statement of net profit/loss
Revenue 363 975 357 296 60 628 781 899
Interest expenses - (142 128) - (142 128)
Income Tax - - - -
Adjusted Headline earnings (36 490) 203 048 60 628 227 186
Statement of financial position
Total Assets 29 582 209 6 802 678 998 538 37 383 425
Total Borrowings - (2 988 122) - (2 988 122)
SEGMENTAL REPORTING – 6 MONTHS ENDED 31 AUGUST 2016
Frail care
Nutraceutical Property Associate Total
USD USD USD USD
Statement of net profit/loss
Revenue 460 289 119 098 19 714 599 098
Interest expenses (922) (922)
Adjusted Headline earnings (190 010) 118 176 19 714 52 120
Statement of financial position
Total Assets 29 496 089 6 810 326 849 095 37 155 510
Total Borrowings 2 988 122 2 988 122
STATEMENT OF CHANGES IN EQUITY
Stated Revenue Total
THE GROUP Capital Deficit Equity
USD USD USD
Balance as at 01 March 2017 34 965 300 (1 027 779) 33 937 521
Total Comprehensive Income for the period - 227 189 227 189
Balance as at 31 August 2017 34 965 300 (800 590) 34 164 710
RECONCILIATION OF BASIC EARNINGS TO HEADLINE EARNINGS
THE GROUP THE GROUP
31 Aug 2017 31 Aug 2016
USD USD
Basic earnings 226 682 52 121
Headline earnings 226 682 52 121
Adjusted headline earnings / Distributable earnings 226 682 52 121
Weighted average number of shares 900 000 000 230 542 500
Basic and diluted earnings per share (USD cents) 0.0252 0.0226
Basic and diluted headline earnings per share (USD cents) 0.0252 0.0226
Adjusted headline earnings per share (USD cents) 0.0252 0.0226
Notes
The Company is required to publish financial results for the 6 months ended 31 August 2017 in terms of the Listing
Rule 12.19 of the SEM. The abridged unaudited consolidated financial statements for the 6 months ended 31 August 2017
(“financial statements”) have been prepared in accordance with the measurement and recognition requirements of IFRS,
the requirements of IAS 34: Interim Financial Reporting and the SEM Listing Rules and the JSE Listing requirements.
The accounting policies adopted in the preparation of the financial statements are consistent with those applied in
the preparation of the audited financial statements of the year ended 28 February 2017.
Copies of this supplementary report on the Abridged Unaudited Consolidated Financial Statements for the 6 months ended
31 August 2017 and the Statement of direct and indirect interests of each officer of the Company, pursuant to Rule 8(2)(m)
of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007, are available free of charge, upon request to
the Company Secretary at the Registered Office of the Company at Beau Plan Business Park, Pamplemousses 21001, Mauritius.
This communiqué is issued pursuant to SEM Listing Rules 11.3 and 12.20 and section 88 of the Securities Act of Mauritius 2005.
The Board accepts full responsibility for the accuracy of the information contained in these financial statements. The Directors
are not aware of any matters or circumstances arising subsequent to the period ended 31 August 2017 that require any additional
disclosure or adjustment to the financial statement.
The Company has a primary listing on SEM and a secondary listing on the Alternative Exchange of the JSE.
By order of the Board
AceTer Global Limited
Company Secretary
15 December 2017
For further information please contact:
AceTer Global Limited Arbor Capital Sponsors
(230) 204 080 +27 (0) 11 480 8500
SPONSOR
Arbor Capital Sponsors Proprietary Limited
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