CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME for the year 30 June 30 June 2015 30 June 2016 £ £ Revenue 1,594,264 1,536,987 Net gains / (losses) on investments (10,106,417) 467,584 (8,512,153) Total investment income /(loss) 2,004,571 Expenses (1,558,728) (1,436,220) Profit / (loss) before finance costs and taxation 568,351 (10,070,881) (1,268,070) Finance costs (1,183,987) (11,338,951) Loss before taxation (615,636) Taxation 537,826 886,813 Profit / (loss) for the financial year and total comprehensive (10,801,125) 271,177 income Earnings / (losses) per share (basic) 0.4p (16.8p) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY for the year ended 30 June 30 June 2016 30 June 2015 £ £ 65,017,817 51,827,562 Opening capital and reserves attributable to equity holders Total comprehensive income and profit / (loss) for the financial year 271,177 (10,801,125) Decrease of share capital on cancellation of shares (9,413) - Increase of capital redemption reserves on cancellation of shares - 9,413 Decrease of retained earnings on cancellation of shares - (151,342) Decrease of share capital to Treasury account - (41,141) (1,348,514) (2,347,989) Dividends paid (net) 51,827,562 Closing capital and reserves attributable to equity holders 50,598,883 CONSOLIDATED STATEMENT OF FINANCIAL POSITION at 30 June 30 June 2016 30 June £ £ Non-current assets Property, plant and equipment 609,216 1,110,747 Investment in artwork 500,000 - Intangible asset - 91,666
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME for the year 30 June 30 June 2016 30 June 2015 £ £ Revenue 1,536,987 1,594,264 Net gains / (losses) on investments 467,584 (10,106,417) Total investment income /(loss) 2,004,571 (8,512,153) Expenses (1,436,220) (1,558,728) Profit / (loss) before finance costs and taxation 568,351 (10,070,881) Finance costs (1,183,987) (1,268,070) Loss before taxation (615,636) (11,338,951) Taxation 886,813 537,826 Profit / (loss) for the financial year and total comprehensive income 271,177 (10,801,125) Earnings / (losses) per share (basic) 0.4p (16.8p) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY for the year ended 30 June 30 June 2016 30 June 2015 £ £ Opening capital and reserves attributable to equity holders 51,827,562 65,017,817 Total comprehensive income and profit / (loss) for the financial year 271,177 (10,801,125) Decrease of share capital on cancellation of shares (9,413) - Increase of capital redemption reserves on cancellation of shares 9,413 - Decrease of retained earnings on cancellation of shares (151,342) - Decrease of share capital to Treasury account - (41,141) Dividends paid (net) (1,348,514) (2,347,989) Closing capital and reserves attributable to equity holders 50,598,883 51,827,562 CONSOLIDATED STATEMENT OF FINANCIAL POSITION at 30 June 30 June 2016 £ 30 June £ Non-current assets Property, plant and equipment 609,216 1,110,747 Investment in artwork 500,000 - Intangible asset 91,666 -
Preliminary-Announcement-30-Jun-16.docx