BISICHI MINING PLC ANNUAL REPORT 2017
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Financial statements Notes to the financial statements<br />
1. SEGMENTAL <strong>REPORT</strong>ING CONTINUED<br />
Business analysis<br />
Mining<br />
£’000<br />
Property<br />
£’000<br />
Significant revenue customer A 14,543 - - 14,543<br />
Significant revenue customer B 4,581 - - 4,581<br />
Significant revenue customer C 445 - - 445<br />
Other revenue 2,134 1,084 28 3,246<br />
Segment revenue 21,703 1,084 28 22,815<br />
Operating (loss)/profit before fair value adjustments & exchange movements (1,030) 736 25 (269)<br />
Revaluation of investments & exchange movements 449 445 12 906<br />
Operating (loss)/profit and segment result (581) 1,181 37 637<br />
Segment assets 15,082 13,889 2,781 31,752<br />
Unallocated assets<br />
– Non-current assets 6<br />
– Cash & cash equivalents 2,444<br />
Total assets excluding investment in joint ventures and assets held for sale 34,202<br />
Segment liabilities (8,098) (2,320) (215) (10,633)<br />
Borrowings (3,424) (5,810) - (9,234)<br />
Total liabilities (11,522) (8,130) (215) (19,867)<br />
Net assets 14,335<br />
Non segmental assets<br />
– Investment in joint ventures 1,321<br />
– Loan to joint venture 1,350<br />
Net assets as per balance sheet 17,006<br />
Geographic analysis<br />
United<br />
Kingdom<br />
£’000<br />
Revenue 1,112 21,703 22,815<br />
Operating profit/(loss) and segment result 1,231 (595) 636<br />
Non-current assets excluding investments 13,432 8,517 21,949<br />
Total net assets 12,291 4,715 17,006<br />
Capital expenditure 1 2,858 2,859<br />
2016<br />
Other<br />
£’000<br />
South<br />
Africa<br />
£’000<br />
Total<br />
£’000<br />
Total<br />
£’000<br />
Bisichi Mining <strong>PLC</strong><br />
67
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