eabl

AUQUSI 7, 2014 Celebrating Life

The Chief Executive, 

Nairobi Securities Exchange Limited, 
The Exchange, 

Westla...
East African Breweries Limited
Financial Statements
For the year ended 30 June 2014

Consolidated income statement

Note
R...
East African Breweries Limited
Financial Statements
For the year ended 30 June 2014

Consolidated statement of profit or l...
East African Breweries Limited
Financial Statements
For the year ended 30 June 2014

Separate income statement

Revenue

A...
East African Breweries Limited
Financial Statements
For the year ended 30 June 2014

Separate statement of profit or loss a...
East African Breweries Limited
Financial Statements
For the year ended 30 June 2014

Consolidated statement of financial po...
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East African Breweries Limited FY 2014 results

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East African Breweries Limited listed on the Nairobi Stock Exchange has released its full year results. Check out insights into this company in their presentation which appears below.
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East African Breweries Limited FY 2014 results

  1. 1. eabl AUQUSI 7, 2014 Celebrating Life The Chief Executive, Nairobi Securities Exchange Limited, The Exchange, Westlands Road, P. O. Box 43633, NAIROBI The Chief Executive, Uganda Securities Exchange Limited, Plot 71/73, Kampala Road, Prism Building, 4th Floor, P. O. Box 23552, KAMPALA The Chief Executive, Dar es Salaam Stock Exchange, Golden Jubilee Towers, 14th Floor, Ohio Street, P. O. Box 70081, DAR ES SALAAM Dear Sirs, RE: END OF YEAR FINANCIAL RESULTS - EAST AFRICAN BREWERIES LIMITED At their Board Meeting held on 7"‘ August 2014, the directors of East African Breweries Limited approved the Group's financial results for the year ended 30"‘ June 2014. Please find enclosed a statement of the financial results as approved. The Board of Directors will be recommending a final dividend of Kshs 4 per ordinary share for the year ended 30"‘ June 2014. The final dividend together with the interim dividend of Kshs 1.50 per ordinary share paid on 11"‘ April 2014 will bring the total dividend for the year to Kshs 5.50 per ordinary share. The records date for qualification of the dividend is the 8"‘ September 2014. The register of members shall remain closed on 8"‘ September 2014 for the purposes of preparing dividend warrants. The final dividend shall be paid on or before 20"‘ January 2014.5 3.'m'm Yours faithfully, FOR: East African Br l: mr; . , ‘]i. '4'‘l‘ll1"w iili ll 2‘ , » , . . ,. ;', , . ,_« , -v 4,»; l‘ i<. l.. ~. ii , «‘i. «.2ii, . ['li lli> lii' . ll lm‘ | llll“li1lHvlIl‘ll‘llilv'V«ll1*, "lii4llllii Ll‘ l, --. m,~, .n. .i; r l V -/ xi ii“ 1 ll}l]‘ll . “lJl7«i- llil . ,i~li. .rul. . liu; , ‘ l. <, v, 4 1 Al‘ ll‘rr_: r:, ‘ l, lirl, ‘i til. “lil‘L]ii‘tll"' i. ‘l: ,; gm. .. r'~. i'i~-i. iiu-. . , xi, ~.vi. il DIIGLIUIS < ‘~/ mi: -rt I lmrvvw. rt, mi-V l v [ ““““" ““ wwweahltom
  2. 2. East African Breweries Limited Financial Statements For the year ended 30 June 2014 Consolidated income statement Note Revenue 6(a) Cost of sales 7 Gross profit Selling costs 8 Administrative expenses 9(a) Other (expenses)/ income 10(a) Finance income 13(a) Finance costs 13(a) Profit before income tax 11 Income tax expense 14(a) Profit for the year Profit attributable to: Equity holders of the Company Non controlling interest 18 Profit for the year Earnings per share for profit attributable to the equity holders of the Company - Basic (Kshs per share) 15 - Diluted (Kshs per share) 15 The notes set out on pages 19 to 78 fonn an integral part of these financial statements Year ended 30 June 2014 Kshs'000 61,292,176 (31,098,550) 30,193,626 ( 5.761.488) ( 9,344,130) ( 422,462) 84,942 ( 4,343,869) 10,406,619 ( 3,548,011) 6,858,608 6,498,725 359,883 6,858,608 8.22 8.21 Restated 2013 Kshs’000 59.061 ,875 (31,562,560) 27,499,315 ( 5,085,402) ( 7,555,030) 140,540 174,154 ( 4,058,658) 11,114,919 ( 4,592,719) 6,522,200 6,763,609 241,409) 6,522,200 8.55 8.54
  3. 3. East African Breweries Limited Financial Statements For the year ended 30 June 2014 Consolidated statement of profit or loss and other comprehensive income Note Profit for the year Other comprehensive income, net of tax: a) Items that may be reclassified to profit or loss Exchange differences from translation of net foreign operations (Pages 13 & 14) b) Items that may not be reclassified to profit or loss Total comprehensive income for the year Total comprehensive income for the year attributable to: Equity holders of the Company Non-controlling interest Total comprehensive income for the year Year ended 30 June Restated 2014 2013 Kshs’000 Kshs'000 6,858,608 6,522,200 ( 25,059) ( 189,700) 6,833,549 6,332,500 . =.g, _=_= .= __. ___. _ 6,488,000 6,667,909 345,549 ( 335,409) 6,833,549 6,332,500 The notes set out on pages 19 to 78 form an integral part of these financial statements
  4. 4. East African Breweries Limited Financial Statements For the year ended 30 June 2014 Separate income statement Revenue Administrative expenses Other income/ (expense) Dividend income Finance income Finance costs Profit before income tax Income tax expense/ (credit) Profit for the year The notes set out on pages 19 to 78 form an integral part of these financial statements Note 6(b) 9(b) 10(b) 13(b) 13(b) 14(b) Year ended 30 June 2014 Kshs’000 4,922,237 (3,100,988) 230,068 8,411,677 1,020,125 (4,348,675) 7,134,444 ( 102,265) 7,032,179 Restated 2013 Kshs’000 3,726,854 (3,260,841) ( 49,694) 6,976,175 1,109,288 (4,157,126) 4,344,656 169.796 4,514,452
  5. 5. East African Breweries Limited Financial Statements For the year ended 30 June 2014 Separate statement of profit or loss and other comprehensive income Year ended 30 June 2014 20 1 3 Kshs’000 Kshs’000 Profit for the year 7,032,179 4,514,452 Other comprehensive income, net of tax - - Total comprehensive income for the year 7,032,179 4,514,452 The notes set out on pages 19 to 78 form an integral part of these financial statements 10
  6. 6. East African Breweries Limited Financial Statements For the year ended 30 June 2014 Consolidated statement of financial position Note Equity attributable to the owners of Parent Share capital 17 Share premium 17 Capital reserve 36(a) Retained earnings Share based payment reserve 36(b) Translation reserve 36(c) Non controlling interest 18 Other reserves 36(d) Total equity Non-current liabilities Borrowings 34(a) Deferred tax liabilities 20(a) Total equity and non-current liabilities Non-current assets Property, plant and equipment 21(a) Intangible asset — software 22(a) Intangible asset — Goodwill 23(a) Intangible asset — Brand 23(b) Prepaid operating lease rentals 24(a) Other investments 26 Deferred tax assets 20(a) Current assets Inventories 28 Trade and other receivables 29(a) Income tax recoverable 14(a) Cash and bank balances 33(c) Current liabilities Trade and other payables 30(a) Dividends payable 16 Income tax payable 14(a) Borrowings 34(a) Bank overdraft 34(a) Net current liabilities Net assets 11 At 30 June 2013 2012 2014 Restated Restated Kshs’000 Kshs’000 Kshs’000 1,581,547 1,581,547 1,581,547 1,691,151 1,691,151 1,691,151 1,285,324 1,281,545 1,281,545 22,501,939 20,352,473 19,717,366 73,387 71,373 67,046 177,666 188,391 284,091 27,311,014 25,166,480 24,622,746 81,871 724,157 1,972,126 (18,292,037) (18,292,037) 118,292,037) 9,100,848 7,598,600 8,302,835 22,294,103 19,841 ,923 19,982,236 4,010,342 3,673,093 3,402,418 26,304,445 23,515,016 23,384,654 35,405,293 31,113,616 31,687,489 37,254,785 33,715,088 31,246,602 434,439 424,076 249,649 3,577,191 3,577,191 3,577,191 563,005 563,005 563,005 10,957 11,248 10,934 10,000 10,400 10,400 1,208,412 826,352 455,717 43,058,789 39,127,360 36,113,498 9,703,689 7,470,607 7,957,272 7,716,617 9,015,822 8,189,805 1,285,448 700,582 912,723 1,101,400 1,406,091 997,973 19,807,154 18,593,102 18,057,773 12,351,560 14,194,970 15,327,378 800,180 717,922 615,420 4,985 449,688 492,442 12,545,500 4,951,344 4,856,500 1,758,425 6,292,922 1,192,042 27,460,650 26,606,846 22,483,782 ( 7,653,496) ( 4,426,009) 35,405,293 pa s 7 to 78 were approved by the Board of Directors n V August 2 31,687,48
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