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Investor Presentaiton

ANNUAL REPORT 2020 Value Added Statement For the year ended 31 December 2020 Five-Year Financial Summary For the year ended 31 December 2020 2020 In thousands of naira #'000 % 2019 #'000 In thousands of naira 2020 2019 2018 2017 2016 % Funds Employed Revenue 199,527,906 161,831,064 Share Capital Share Premium 488,168 350,211 Brought in materials and services - Local (54,148,001) (47,266,759) - Imported (112,053,935) 33,325,970 Finance Income Value Added 1,464,539 34,790,509 100 (82,338,172) 32,226,133 176,389 32,402,522 100 Retained Earnings Shareholder's Fund 25,452,534 488,168 350,211 23,396,602 488,168 350,211 488,168 350,211 488,168 350,211 19,872,085 26,290,913 Current Liabilities Non-current Liabilities 161,477,131 24,234,981 20,710,464 75,475,390 65,991,736 17,780,145 18,618,524 71,755,943 15,449,491 16,287,870 54,731,207 18,894,594 206,662,638 6,851,603 106,561,974 4,768,611 91,470,811 3,329,352 93,703,819 1,838,192 72,857,269 Distribution of Value Added: To Government as: - Government as taxes To Employees: - Employees as wages and salaries and end of service benefits To Providers of Finance: - Finance costs - Interim dividends Retained in the business: - Depreciation of tangible assets - Depreciation of right of use asset - Amortisation of intangible assets - Proposed dividends - To augment reserves 6,160,363 18 6,388,708 20 20 Asset Employed Non Current assets Current assets Revenue 48,115,848 158,546,790 206,662,638 35,233,877 27,539,587 71,328,097 63,931,224 106,561,974 91,470,811 23,440,797 17,948,410 70,263,022 54,908,859 93,703,819 72,857,269 199,527,906 161,831,064 149,158,788 140,076,525 123,749,286 27 10,722,142 31 8,802,989 Profit before income tax Profit for the year Other comprehensive income, net of tax 14,939,249 8,778,886 (74,106) 18,752,718 12,364,010 (13,418) 16,312,453 11,753,002 33,955 15,885,363 12,015,933 (19,553) 19,963,190 13,862,217 5,946,784 17 2,210,877 2,616,580 7 8 Per 0.50 Share Data: Basic earnings per share 8.99 12.66 12.04 12.31 14.20 3,115,430 9 2,567,928 8 17,827 123,183 6,584,165 19 81,427 6,650,695 20 2,120,615 34,790,509 6 100 3,083,318 32,402,522 100 10 98 FrieslandCampina WAMCO Nigeria PLC FrieslandCampina WAMCO Nigeria PLC 99
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