Afroil Financial Statements - Mar 2008

Afroil Financial Statements - Mar 2008
AFROIL PLC  
PROFIT AND LOSS ACCOUNTS FOR THE FIRST QUARTER OF 
THE YEAR ENDED MARCH 31ST 2008
N N
Turnover     135,280,109.50
Less: Cost of Sales   124,056,400.00
       
Gross Profit     11,233,709.50
Other Income     247,729.50
      11,471,439.00
Deduct:
Administrative expenses 17,029,945.33  
       
Marketing expenses 7,754,750.00  
      24,784,695.33
Profit/(Loss) on ordinary
Activities Before Tax 13,313,256.33
 
AFROIL PLC.
FIVE-YEAR FINANCIAL SUMMARY YEAR ENDED DECEMBER 31, 2007
2007 2006 2005 2004 2003
N\'000 N\'000 N\'000 N\'000 N\'000
ASSETS            
Fixed Assets   304,575 289,935 32056 32,898 33,736
Net Currents   18,159 33,257 3,853 88,847 13,824
Net Assets   322,734 256,678 35,909 417,443 47,560
CAPITAL & RESERVES          
Share capital   30,359 255,097 25,097 25,097 25,097
Share premium   114,227 10,811 10,811 10,811 10,811
Revenue reserve   29,461 448,534 35,392 29,558 23,741
Capital reserve   436 436 436 436 436
Revaluation surplus   207,173 268,868 34,957 34,957 34,957
Shareholder\'s funds   322,734 256,687 35,909 41,743 47,560
TURNOVER AND PROFITS          
Turnover   68,310        
Profit/(Loss) before taxation   22,219 10,325 5,620 55,855 5,106
Profit/(Loss) after taxation   23,918 10,325 5,620 5,585 5,106
PER 20K SHARE DATA:          
Earnings/(losses) per share   15.76k 8.23k 4.48k 4.45k 4.07k
Net assets per share   212.60k 204.54k 28.62k 33.27k 37.90k
Note:            
Earnings and Net assets per share are based on the number of ordinary shares in issue as at December 31, 2007
 

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