Page 209 - UBP - IR2020

FINANCIAL STATEMENTS
Notes to the financial statements
For the year ended June 30 2020
Mauritius Mauritius Name of company
Pre-Mixed Concrete Ltd
Cement Transport Ltd
Terrarock Ltd
Prochimad Mines et Carrières SARL Compagnie Mauricienne d’Entreprise Ltée
Country of incorporation
2020
49 0% 25 0% 46 0% 34 0% 20 0% 2019
49 0% 25 0% 46 0% 34 0% 20 0% Principal activities
Manufacturing and placing of ready-
mixed concrete Operating a a a a a a fleet of bulk cement
transport truck tractors and tankers Manufacture and sale of building
materials Mauritius Proportion of ownership interest (direct & indirect)
Details pertaining to the interests in in in in associates are as as follows:
Mine operation Renting of properties Madagascar Mauritius Summarised financial financial information of the the the associates that are material to the the the Group based on
on
their IFRS financial financial statements
and reconciliation with the the the carrying amount of the the the investment in in in fin the the the Group’s financial statements
are set out below:
THE GROUP
2020
Rs’000
Financial position
72 120 Goodwill 48
619 Carrying amount of investments 120 739 Statement of o profit
or loss and other comprehensive income
Revenue 677 736
Pre-Mixed Concrete Ltd
Terrarock Ltd
Rs’000
123 872 791 33 674 (24 080) (980) (16 519) 116 758 46 0% 53 709 -
53 709 178 180 777 1 435 (15 215) (6) (138 704) 26 467 (6 433) 20 034 374 20 408 9
216 9
388 Compagnie Mauricienne d’Entreprise Ltée
Rs’000
75 553 1 390 2 168
(998) -
(4 538) 73 575 20 0% 14 715 -
14 715 7 7 170 -
-
-
-
(5 970) 1 200 (1 100) 100 -
100 20 20 Non-current assets Cash and cash equivalents Other current assets Current trade and other payables
Current loans and borrowings
Non-current liabilities Equity 147 184 Proportion of Group’s ownership 49 0% 278 150 43 119 172 153 (208 552) (13 363) (124 323)
Interest income
Other income
Depreciation and amortisation
Interest expense
Other expenses
Profit before tax
Income tax
expense
Profit for the year Other comprehensive income
Total comprehensive income
Group’s share of o profit
Group’s share of total comprehensive income
-
3 3 836 (35 072) -
(641 688) 4 812 (4 273) 539 (7 098) (6 559) 264 (3 214)
UBP INTEGRATED REPORT 2020
-
209
FINANCIAL CAPITAL CORPORATE MANAGEMENT STATEMENTS
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