FTN COCOA PROCESSORS PLC
FINANCIAL SUMMARY FOR THE PERIOD ENDED 30TH SEPTEMBER, 2019

RESULTS AT A GLANCE

For the period	Y-T-D	     Y-T-D	          Percentage	Third Qtr  	Third Qtr       Percentage
		30/09/2019  30/09/2018         Change	30/09/2019          30/09/2018	    Change
		N'000	 N'000		  %	N'000		N'000	        %
Revenue		 502,966	 523,180  	 (3.86)	 129,451	            136,499	 (5.16)
Loss before taxation (354,457)    (211,278)	(67.77)	(110,920)       (134,563)	(17.57)
Taxation           	       -	            -	                     -	       -	                -	      -
Loss before taxation (354,457)        (211,278)     (67.77)	 (110,920)      (134,563)	(17.57)
Loss per share	  (16.11k)	       (9.60k)	(67.81)	(5.04k)  	       (6.12k)	(17.65)
		Y-T-D		Y-T-D	     Percentage	Y-T-D	Y-T-D	        Percentage
		30/09/2019	31/12/2018     Change    30/09/2018	31/12/2017	Change
		N'000		N'000		  %   N'000	N'000		  %
Property, plant & 
Equipment	3,224,563	3,372,385      (4.38)    3,426,069	3,577,380	(4.23k)
Total assets	4,877,297	4,816,800      1.26	     4,912,695	4,815,357	2.02
Total liabilities	5,163,969	4,749,016     (8.81)	    4,440,112	4,426,146	0.32
Share capital	1,100,000	1,100,000          -	     1,100,000	1,100,000	-
Revaluation Reserve 983,017 	  983,017           -	  983,017	                   983,017	-
Equity		(286,673)	   67,784    (522.92) 472,583	                   389,211	(21.42)
		Number		Number	  %	Number		Number		   %
Number of employees 70		  111	  (36.94)	  78		  111		(29.73)