National Gas
NGCI
NGCI
| Unaudited Consolidated Results of National Gas Company (SAOG) for the year ended 31 December 2014. | ||||||
| National Gas Company (SAOG), is pleased to disclose the summarized consolidated results for the year ended 31 December 2014. | ||||||
| Values in RO. | ||||||
| Particulars | 31-Dec-2014 (Unaudited) | 31-Dec-2013 (Audited-Restated) | ||||
| Group | Parent | Group | Parent | |||
| Total Income | 98,599,676 | 15,455,231 | 108,628,174 | 17,472,256 | ||
| Total Expenses | (96,743,527) | (14,294,831) | (107,140,439) | (16,473,516) | ||
| Group Profit After Income Tax | 1,856,149 | 1,487,735 | ||||
| Non-Controlling Interests * | 160,341 | 52,507 | ||||
| Attributable to Equity Holders of National Gas Co. : | ||||||
| Net Profit after tax | 1,695,808 | 1,160,400 | 1,435,228 | 998,740 | ||
| Earning Per Share EPS (Baizas) ** | 0.037 | 0.025 | 0.048 | 0.033 | ||
| Net Assets | 16,598,198 | 16,591,145 | 9,973,593 | 10,055,963 | ||
| Net Assets Value Per Share ** | 0.364 | 0.364 | 0.332 | 0.335 | ||
| * Non-controlling Interests represent profit/ loss not attributable to the equity holders of National Gas Company | ||||||
| ** The Earning Per Share and Net Assets Value Per Share are impacted by the increase in share capital from RO 3 million to RO 4.556 million in the current period. | ||||||
| Notes: | ||||||
| 1. The summary of the un-audited results for the year 2014 are subject to review and approval by the Statutory Auditors, Board of Directors and Shareholders. | ||||||
| 2. The prior period comparative numbers have been restated to reflect a retrospective change in an accounting policy as suggested by the auditors of the Company. | ||||||
Source:
Muscat Exchange News
