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ADRENNA PROPERTY GROUP LIMITED - Consolidated Unaudited Interim Results For The Six Months Ended 31 August 2018

Release Date: 30/11/2018 07:05
Code(s): ANA     PDF:  
 
Wrap Text
ADRENNA PROPERTY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1998/012245/06)
Share Code: ANA        ISIN: ZAE000163580
(?Adrenna? or ?the Company?)



CONSOLIDATED UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2018 CONDENSED STATEMENT OF COMPREHENSIVE INCOME
Six months ended Six months ended Twelve months 31 August 2018 31 August 2017 ended R?000 R?000 28 February 2018 R?000 (unaudited) (unaudited) (audited) Revenue 14 303 13 076 27 549 Operating income before interest 4 207 9 312 16 886 and revaluations Fair value adjustments on
investment properties - 448 13 736 Investment income 672 432 838 Finance costs (3 396) (3 032) (9 814) Share of Profit/(Loss) from Associate (143)
Net income before taxation 1 340 7 160 21 646 Taxation (607) (2 542) (5 978) Income after taxation for the period 733 4 618 15 668 Non-controlling interest - - -- Income attributable to ordinary
shareholders 733 4 618 15 668 Total net profit 733 4 618 15 668 Other comprehensive income - - - Total comprehensive income attributable to:
- Ordinary shareholders 733 4 618 15 668 - Non-controlling interests - - - 733 4 618 15 668 CONDENSED STATEMENT OF FINANCIAL POSITION
31 August 2018 31 August 2017 28 February 2018 R?000 R?000 R?000 (unaudited) (unaudited) (audited) ASSETS Non-current assets
Investment properties 243 538 231 562 243 309 Property, plant and equipment 898 18 898 Investment in associate 235 - - Loans owing by third parties 26 714 4 912 3 324 Operating lease assets 6 502 6 913 6 502 Other Financial assets 800 - 800 Deferred taxation - 254 - 278 687 243 659 254 833 Current assets
Loans owing by third parties 3 761 2 190 2 061 Inventory 1 430
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