[FTNCOCOA]>> COMPANY REPORT (Source: FTNCOCOA, Date: 02-Dec-2019)
FTN COCOA PROCESSORS PLC
FINANCIAL SUMMARY FOR THE YEAR ENDED 31ST DECEMBER, 2018

RESULTS AT A GLANCE


For the year	31/12/2018	31/12/2017    Variance	Percentage
		N'000		N'000		N'000	     Change
      					
Revenue		 602,106	                 81,824    	520,282	         636
	
Loss before taxation(569,369)	(762,421)	193,052	           25
	
Taxation		    -		   -		      -

Loss after taxation	 (569,369)	 (762,421)	193,052		 25

Loss per share 	   (26k)	                   (35k) 	                     (9k)		 26


For the year	              31/12/2018	31/12/2017	Variance	       Percentage
		                   N'000		N'000		N'000	        Change 
Property, plant and equipment 3,372,385	3,577,380	(204,995)             (6)
Total assets		4,816,800	4,815,357	   1,443	                -
Total liabilities		4,749,016	4,178,204	 570,812	              14
Share capital		1,100,000	1,100,000	        -
Revaluation reserve	  983,017	                   983,017	       -
Equity			   67,784  	  637,153 	(589,369)	   (89)



					 Number		  Number	Variance	Change %

Number of employees			    111		    129	  (18)	   (14)
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