Earnings Flash | TOTAL NIGERIA PLC FY-2016 Results

Earnings Flash | TOTAL NIGERIA PLC FY-2016 Results
Financial Highlights (N'Mn)
Headlines	FY- 2016	FY- 2015	Change
Revenue	290,953	208,028	39.9%
Cost of sales	-241,851	-183,274	32.0%
Gross Income	49,102	24,753	98.4%
Net Finance (cost)/Income	-578	248	-332.8%
Profit/Loss Before Tax	20,353	6,495	213.3%
Taxation	-5,556	-2,448	126.9%
Profit/Loss After Tax	14,797	4,047	265.6%
Cash and cash equivalents	21,842	13,502	61.8%
Trade & Other Receivables	48,498	24,631	96.9%
Trade & Other Payables	95,679	48,261	98.3%
Net Assets	23,570	16,242	45.1%
Gross Margin	16.9%	11.9%	5.0%
Net Margin	5.1%	1.9%	3.1%
Cost to Sales	83.1%	88.1%	-5.0%
Dividend (N)	10.0
Price(N)	289
Dividend Yield	3.5%
EPS(N)	43.6
BVPS(N)	69.4
P/E(X)	6.6
P/BV(X)	4.2
ROAE	74.3%