Company Name: STATPRO GROUP

Consolidated Income Statement

for the period ended, 2017 2016 2015

Revenue 37.55 30.19

Cost of sales 45.75 22.72

Gross profit (8.20) 7.47

Other income
Sale and distribution expenses
Administrative expenses

Other operating expenses 1.14 4.76

Profit from operations (9.34) 2.71

Finance cost 0.79 0.29

Foreign exchange (loss)/gain

Profit before tax (10.13) 2.42

Income tax (0.07) 0.79

Profit before minority interest (10.06) 1.63

Minority interest (Gain) / Loss

Profit for the year (10.06) 1.63

Earning per share

Basic 0.4 1.5 2.42
Diltuted 0.38 -15.1 2.4

Preference dividends paid 1 1.88 1.96

Paid and proposed dividends 1 1 1

Number of ordinary shares issued 1 1 1

Market Price per share 1 1 1

Earning per share 730
2014 2013

32.02 32.49
24.30 24.16

7.72 8.33

5.06 4.94

2.66 3.39

0.29 0.27

2.37 3.12

0.77 1.03

1.60 2.09

1.60 2.09

2.46 3.1
2.4 3.1

1.89 1.86

1 1 =dividend per share/market prix per share

1 1 =Net profit after tax & preference dividend)/( paid & proposed dividends)

1 1 =Net profit after tax & preference dividend/nb of ordinary shares in issue
= Market price per share/earning per share
Consolidated Balance Sheet
as at , 2017 2016 2015 2014 2013

ASSETS
Non current assets
Property, plant and equipment 2.74 2.23 2.47 1.88
Investment property
Intangible assets 55.70 48.61 52.51 53.52
Deferred tax assets
Restricted cash and other long term receivables 0.65 0.95 1.10 0.58

Total non current assets 59.09 51.79 56.08 55.98

Current assets
Inventories
Trade debtors 14.73 8.46 7.72 6.20
Other receivables
Prepaid, deposits and advances
Other financial assets
Cash and cash equivalents 4.36 2.20 2.72 4.12

Total current assets 19.09 10.66 10.44 10.32

TOTAL ASSETS 78.18 62.45 66.52 66.30

Consolidated Balance Sheet

As at, 2017 2016 2015 2014 2013

LIABILITIES AND EQUITY

Equity
Share capital 24.22 24.22 24.15 24.15
Share premium
Legal reserves
Revaluation reserves 8.08 17.30 21.53 22.76
Retained earnings
Translation adjustments

Total equity attributable to the group 32.29 41.52 45.69 46.92

Minority interest

Total Equity 32.29 41.52 45.69 46.92

Non current liabilities

Due to shareholders
Long term borrowings 8.26 1.17 0.60 0.88
Deferred tax liabilities
Employee terminal benefit

Total non current liabilities 8.26 1.17 0.60 0.88

Current liabilities
Trade payables 37.32 19.78 20.27 18.51
Accounts payable
Deferred revenue
Tax liabilities
Accrued expenses
Short term borrowings

Total current liabilities 37.32 19.78 20.27 18.51

Total liabilities 45.58 20.95 20.87 19.39

TOTAL LIABILITIES AND EQUITY 77.87 62.47 66.56 66.31

Consolidated Balance Sheet

As at, 2017 2016 2015 2014 2013

LIABILITIES

Non current liabilities

Due to shareholders
Long term borrowings 8.26 1.17 0.60 0.88
Deferred tax liabilities
Employee terminal benefit

Total non current liabilities 8.26 1.17 0.60 0.88

Current liabilities

Trade payables 37.32 19.78 20.27 18.51

Accounts payable
Advances from clients - -
Tax liabilities
Accrued expenses
Short term borrowings -

Total current liabilities 37.32 19.78 20.27 18.51

Total liabilities 45.58 20.95 20.87 19.39

TOTAL LIABILITIES

Consolidated Balance Sheet

As at, 2017 2016 2015 2014 2013

EQUITY

Equity
Share capital 24.22 24.22 24.15 24.15
Share premium
Legal reserves
Revaluation reserves 8.08 17.30 21.53 22.76
Retained earnings
Translation adjustments

Total equity attributable to the group 32.29 41.52 45.69 46.92

Minority interest

Total Equity 32.29 41.52 45.69 46.92

Consolidated statement of cash flows
for the period ended, 2009 Mar-10 Jun-10

Cash flows from operating activities

Profit for the year 1515 449
Profit/ Loss on disposal of property, plant and equipment (206) (36) (36)
Depreciation of property, plant and equipment 2087 480 960
Amortization & Reversal amortization of intangible assets 10 17 17
Income tax recognized in the income statement 4873 656 1865
Finance Costs Regonised in the P&L 23364 7056
Provision for employees terminal benefit

Changes in working capital:

(Increase)/ decrease in inventories (1123) (52375) 39356
Decrease/(increase) in trade debtors (37820) 33072 27511
(Increase)/ decrease in other receivables (15434) (10549) (3396)
(Increase)/decrease in prepaid, deposits and advances (9828) (6004) 2728
Increase in trade payable 35173 58443 (9064)
Increase in accounts payable (4012) 5626 6180
Increase in advances from clients 19260 (29955) (48977)
Increase in accrued expenses 1851 4803 2332
Income tax paid (2679) (684) (2287)
Interest Paid (21096) (7056) (14199)
Net cash generated from/(used in) operating activities (4065) 3942

Cash flows from investing activities

Acquisition of property, plant, and equipment (4485)
Proceeds on disposal of property, plant and equipment 629 129 50
Acquisition of investment property (1620) (358) (925)
Acquisition of intangible assets (626) (626)
(Increase) in restricted cash and Long-term receivables (1026) 429 2019
Recognition (write off) of goodwill
Investments in other financial assets (1750) (15) (15)
Net cash (used in) investing activities (8252) (441) 503

Cash flows from financing activities

Issue of share capital 0 0
Proceeds from share premium 0
Revaluation reserves
Prior year various
(Decrease) of shareholders' loan
Net proceeds from long term borrowing 801 (408)
Repayment of long term borrowing (3403)
Net proceeds from short term borrowings (14479) (3403) (13396)
Dividends paid to minority interests (217) (435) (435)
Net cash outFow on disposal of subsidiary (3665)
Investment by non controlling interest in subsidiary 238
Net cash generated from financing activities (21527) (3036) (14238)

Effect of exchange rate and translation adjustments (596) (99) (4004)

Change in consolidation scope 1202 1202
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (34440) 1568
Cash and cash equivalents
Beginning of year
Cash and bank balances 34381 14501 14501
Ending Balance (48909) (55929) (55929)
Effect on cash and cash equivlents due to disposal of subsidiary 7539
End of the period (41429) (39861)

Reconciled to the ending balances;

Cash and bank balances 14501 20641 18190
Less - Bank overdraft (55929) (65859) (78963)
End of the period (41429) (45218) (60773)
-5,356.77
(5357)
Sep-10 Dec-10 Dec-11

1441 1921 2017

17 17 17

13
8244

(6603)

(864) (580) (2767)

318

32555

32009

0
0

14501 14501
(55929) (55929)
R/E
-4,003.98
Ratio Analysis

Group Consolidated
2017 2016 2015 2014
Test of Profitability

Return on Capital Employed (ROCE) -22.45% -43.62% -39.52%

Return on Assets (ROA)

Return on Equity (ROE) % 2.69% 3.91% 3.55%

Gross Profit Margin #DIV/0! -21.84% 24.74% 24.11%

Net Profit Margin #DIV/0! -26.79% 5.40% 5.00%

Test Of Liquidity

Current Ratio 0.51 0.54 0.52

Quick Ratio 1 0.51" 0.54" 0.52"

Test Of Efficiency or working capital rations

Inventory turnover
Receivables days 143 102 88
Payables days

Cash Conversion cycle

Financing ratios

Interest Coverage Ratio (11.82) 9.34 9.17

Gearing 0.20 0.03 0.01

Investment Ratio

Dividend Yield 1.93

Dividend cover 0.52 0.83 0.88

Earning per share 1.50 2.42 2.46

Price/Earning Ratio (P/E ratio) 0.00 0.00 0.00 0.00
 #DIV/0!

2013

-54.85% =Profit before interest and tax/( share capital + reserve+ LT debt)

4.38% =profit attributable to equity shareholders/( shareholders funds)

25.64%
### =gross profit/ revenue
6.43%
### =net profit/revenue

0.56 = current assets/current liability

= current assets - invenoty/(current liab)
0.56"

= invenotry x 365 / cost of sales

70 = receivables / sales X365
=payables / purchases or COS X 365

12.56 = PBIT/interest exp

0.02 ,=Long term debt/(LT debt + equity)

=dividend per share/market prix per share

1.13 =Net profit after tax & preference dividend)/( paid & proposed dividends)

3.10 =Net profit after tax & preference dividend/nb of ordinary shares in issue
0.00 = Market price per share/earning per share
oposed dividends)

ary shares in issue

Ratio Analysis 2016

Group Consolidated
Netcall Ideagen MAM SOG
Test of Profitability

Return on Capital Employed (ROCE) 20.00% 35.00%

Return on Assets (ROA)

Return on Equity (ROE)

Gross Profit Margin

Net Profit Margin

Test Of Liquidity

Current Ratio 0.92 2.20

Quick Ratio

Test Of Efficiency or working capital rations

Inventory turnover
Receivables days
Payables days

Cash Conversion cycle

Financing ratios

Interest Coverage Ratio

Gearing (130.67) 2.91

Investment Ratio

Interest Coverage Ratio

Gearing
2013

=Profit before interest and tax/( share capital + reserve+ LT debt)

=profit attributable to equity shareholders/( shareholders funds)

=gross profit/ revenue
=net profit/revenue

= current assets/current liability

= current assets - invenoty/(current liab)

= invenotry x 365 / cost of sales

= receivables / sales X365
=payables / purchases or COS X 365

= PBIT/interest exp

,=Long term debt/(LT debt + equity)

= PBIT/interest exp

,=Long term debt/(LT debt + equity)