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AFRICAN DAWN 2015 Annual Report

Notes to the Financial Statements continued 43. Comparative amounts (continued) Statement of Comprehensive Income 2014 As originally stated Elite reclassified Elite debtors impairment error Elite Two error AFRICAN DAWN 113 ANNUAL REPORT 2015 Nexus reclassified Impairment reclassified Total Revenue 6,079 28,855 - - 802 - 35,736 Gross profit 6,079 28,855 - - 802 - 35,736 Other income 34 922 - - 3 - 959 Operating expenses (21,474) (27,389) (6,733) (2,259) (1,188) 3,547 (55,496) Operating (loss)/profit (15,361) 2,388 (6,733) (2,259) (383) 3,547 (18,801) Investment income 77 3 - - - - 80 Finance costs (1,124) (2,739) - - - - (3,863) Profit from equity - - - 1,472 - - 1,472 accounted investment Reversal of non-current assets held for sale Impairment (311) - - - - - (311) (Loss)/profit before tax (16,719) (348) (6,733) (787) (383) 3,547 (21,423) Taxation (407) - - - - - (407) (Loss) profit from (17,126) (348) (6,733) (787) (383) 3,547 (21,830) continuing operations (Loss)/profit from discontinued operations (2,714) 348 - - 383 - (1,983) (Loss)/profit for the Year (19,840) - (6,733) (787) - 3,547 (23,813) Statement of changes in equity 2014 As originally stated Elite reclassified Elite debtors impairment error Elite Two error Impairment reclassified Total Accumulated (loss)/profit (19,840) (6,733) (787) 3,547 (23,813) Statement of Financial Position 2013 As originally stated Elite reclassified Elite debtors impairment error Elite Two error Nexus reclassified Total Investment in associate - - - 787 - 787 Trade and other receivables 83,340 - (7,455) - - 75,885 Total assets 121,542 - (7,455) 787 - 114,874 Accumulated loss (221,383) - (7,111) 787 - (227,707) Current tax payable 18,709 - (344) - - 18,365 Total equity and liabilities 121,542 - (7,455) 787 - 114,874


AFRICAN DAWN 2015 Annual Report
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