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Logicom Public LTD Earnings Release 2014

Feb 27, 2015

2477_er_2015-02-27_e8078093-96ce-42a0-8a67-7831ab4eabd8.pdf

Earnings Release

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LOGICOM PUBLIC LIMITED

INDICATIVE RESULTS 2014

Unaudited income statement

Turnover
Cost of sales
Gross profit
Other income
Unaudited
2014

631.556.942
(588.763.814)
42.793.128
994.024
Audited
2013

490.003.718
(454.086.504)
35.917.214
1.192.168
43.787.152 37.109.382
Administrative expenses (29.289.750) (27.262.824)
Profit from operations 14.497.402 9.846.558
Exchange difference (927.090) 346.927
Interests receivable 166.009 476.412
Interests payable and bank expenses (6.188.692) (5.355.966)
Net finance cost (6.949.773) (4.532.627)
Profit before taxation 7.547.629 5.313.931
Loss from associated companies (1.127.357) (296.833)
6.420.272 5.017.098
Taxation (420.093) (1.057.866)
Profit after taxation 6.000.179 3.959.232
Loss attributable to minority interest 420.725 96.263
Profit attributable to shareholders of the Company 6.420.904 4.055.495
Earnings per share 8,67 cents 5,47 cents
Readjusted earnings per share 8,67 cents 5,47 cents