Transcorp released its 2015 H1 results showing profits to shareholders dropped 45% year on year. Earnings per share also dropped 45% to 6.13kobo. See details
Transcorp Plc | |||
Group | 2015 H1 | 2014 H1 | %age Change |
N’m | N’m | ||
Income Statement | |||
Revenue | 20,253 | 21,212 | -4.52% |
Cost of sales | (8,045) | (6,249) | 28.74% |
Gross Profit | 12,209 | 14,963 | -18.41% |
Operating Expenses | (5,562) | (5,145) | 8.11% |
Operating Profit | Â Â 6,646 | Â Â 9,818 | -32.31% |
Other Income | Â Â Â Â Â Â 944 | Â Â Â Â Â Â (65) | -1554.55% |
Net Finance | (2,427) | (1,738) | 39.67% |
Profit Before Tax | Â Â 5,163 | Â Â 8,016 | -35.59% |
Taxation | Â Â Â Â (879) | (1,128) | -22.08% |
Profit after Tax | Â Â 4,284 | Â Â 6,888 | -37.80% |
Profit to shareholders | Â Â 2,372 | Â Â 4,377 | -45.81% |
Tax as a %age of PBT | 17.0% | 14.1% | |
Parent profit to total profits | 55.4% | 63.5% | |
Balance Sheet | 2015 H1 | 2014 FY | %age Change |
Overdraft & Short-term loans | Â Â Â Â Â Â Â Â Â Â 20,768 | Â Â Â Â Â Â Â Â Â Â 10,639 | 95.20% |
Long Term Loans | Â Â Â Â Â Â Â Â Â Â 32,241 | Â Â Â Â Â Â Â Â Â Â 37,139 | -13.19% |
Inventories | Â Â Â Â Â Â Â Â Â Â Â Â 3,761 | Â Â Â Â Â Â Â Â Â Â Â Â 1,682 | 123.55% |
Trade & Other Receivables | Â Â Â Â Â Â Â Â Â Â 28,643 | Â Â Â Â Â Â Â Â Â Â 27,938 | 2.52% |
Trade & Other Creditors | Â Â Â Â Â Â Â Â Â Â 13,007 | Â Â Â Â Â Â Â Â Â Â 13,769 | -5.54% |
Working Capital | Â Â Â Â Â Â Â Â Â Â Â Â Â Â (149) | Â Â Â Â Â Â Â Â Â Â Â Â 3,744 | -103.97% |
Total Assets | Â Â Â Â Â Â 177,025 | Â Â Â Â Â Â 170,755 | 3.67% |
Net Asset of Parent | Â Â Â Â Â Â Â Â Â Â 56,555 | Â Â Â Â Â Â Â Â Â Â 56,506 | 0.09% |
Net Assets | Â Â Â Â Â Â Â Â Â Â 91,716 | Â Â Â Â Â Â Â Â Â Â 89,755 | 2.18% |
Retained Earnings | Â Â Â Â Â Â Â Â Â Â 30,119 | Â Â Â Â Â Â Â Â Â Â 30,070 | 0.16% |
Cash & Cash Equivalents | Â Â Â Â Â Â Â Â Â Â Â Â 5,339 | Â Â Â Â Â Â Â Â Â Â Â Â 2,931 | 82.20% |
Cash flow from operations | Â Â Â Â Â Â Â Â Â Â Â Â 4,031 | Â Â Â Â Â Â Â Â Â Â Â Â 7,731 | -47.86% |
Net Cash Spent on Investments | Â Â Â Â Â Â Â Â Â Â (2,714) | Â Â Â Â Â Â Â Â (10,767) | -74.79% |
Indices | |||
Group EPS (Kobo) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6.13 | Â Â Â Â Â Â Â Â Â Â Â Â 11.30 | -45.75% |
Total Outstanding Shares | Â Â Â Â 38,721.00 | Â Â Â Â 38,721.00 | 0.00% |
Net Asset Per Share | Â Â Â Â Â Â Â Â Â Â Â Â Â Â 2.37 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â 2.32 | 2.18% |
Debt to Equity | 0.58 | 0.53 | 8.58% |
Gross Profit Margin | 60.3% | 70.5% | -14.55% |
Operating Profit Margin | 32.8% | 46.3% | -29.10% |
Profit Margin | 21.2% | 32.5% | -34.85% |
SGA as a %age of Gross Profit | 45.6% | 34.4% | 32.50% |
Interest Cost as a percentage of Operating Profit | 36.5% | 17.7% | 106.33% |
Asset Turnover % | 11.6% | ||
Return on Equity Parent | 4.2% | ||
Return on Equity Group | 4.7% | ||
Return on Asset | 3.8% | ||
ROA Factor | 0.35 | ||
Net Asset Turnover | Â Â Â Â Â Â Â Â Â Â Â Â Â Â 0.22 |