BISICHI MINING PLC ANNUAL REPORT 2017
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Financial statements<br />
Notes to the financial statements<br />
for the year ended 31 December <strong>2017</strong><br />
1. SEGMENTAL <strong>REPORT</strong>ING<br />
Business analysis<br />
Mining<br />
£’000<br />
Property<br />
£’000<br />
Significant revenue customer A 27,528 - - 27,528<br />
Significant revenue customer B 7,226 - - 7,226<br />
Significant revenue customer C 412 - - 412<br />
Other revenue 1,134 1,125 34 2,293<br />
Segment revenue 36,300 1,125 34 37,459<br />
Operating (loss)/profit before fair value adjustments & exchange movements 3,104 897 28 4,029<br />
Revaluation of investments & exchange movements (256) (13) 3 (266)<br />
Operating profit and segment result 2,848 884 31 3,763<br />
Segment assets 13,500 13,803 3,050 30,353<br />
Unallocated assets<br />
– Non-current assets 3<br />
– Cash & cash equivalents 5,327<br />
Total assets excluding investment in joint ventures and assets held for sale 35,683<br />
Segment liabilities (9,238) (2,270) (214) (11,722)<br />
Borrowings (1,329) (5,832) - (7,161)<br />
Total liabilities (10,567) (8,102) (214) (18,883)<br />
Net assets 16,800<br />
Non segmental assets<br />
– Investment in joint ventures 874<br />
Net assets as per balance sheet 17,674<br />
Geographic analysis<br />
United<br />
Kingdom<br />
£’000<br />
Revenue 1,159 36,300 37,459<br />
Operating profit/(loss) and segment result 854 2,909 3,763<br />
Non-current assets excluding investments 13,400 8,610 22,010<br />
Total net assets 13,416 4,258 17,674<br />
Capital expenditure 13 1,741 1,754<br />
<strong>2017</strong><br />
Other<br />
£’000<br />
South<br />
Africa<br />
£’000<br />
Total<br />
£’000<br />
Total<br />
£’000<br />
66 Bisichi Mining <strong>PLC</strong>
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