REG - Anemoi International - Final Results and Notice of AGM

Anemoi InternationalAnnouncement

24/06/2021 17:30

RNS Number : 0684D
  
Anemoi International Ltd
  
24 June 2021
  
 

24 June 2021
 
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
 
 
Anemoi International Ltd
(Reuters: AMOI.L, Bloomberg: AMOI:LN)
("Anemoi" or the "Company")
Final Results for the period 6 May 2020 to 31 December 2020 and Notice of AGM
Further to the announcement released by the Company on 29 April 2021, the Board of Anemoi is pleased to announce that its final audited results for the period 6 May 2020 to 31 December 2020, Notice of Annual General Meeting and Form of Proxy have been published and are now available on the Company's website at www.anemoi-international.com. 
 
The principal elements of the Final Results are reproduced below:
 



INCOME STATEMENT


 




for the period ended 31 December 2020


 








2020
GBP




Continuing Operations








Revenue


-




Cost of sales


-




Gross profit / (loss)


-




Administrative expenses excluding exceptional costs


(102,747)




Exceptional administration costs


(88,817)




Total administrative expenses


(191,564)




Operating loss


(191,564)




Net financial income/(expense)


(3,733)




Profit/(loss) before taxation


(195,297)




Taxation


-




Profit/(loss) for the period


(195,297)














Earnings per share - GBP (using weighted average number of shares)








Basic and Diluted - Continuing Operations


(0.01)




Basic and Diluted


(0.01)



 



STATEMENT OF COMPREHENSIVE INCOME




for the period ended 31 December 2020


 
 
2020
GBP




Profit for the financial year


(195,297)




Other comprehensive income:








Exchange differences on re-translating foreign operations


9,390




Total comprehensive income


(185,907)




 
Attributable to:








Equity shareholders of the parent


(185,907)




Non-Controlling interest


-




Total Comprehensive income


(185,907)



 
 



STATEMENT OF FINANCIAL POSITION
as at 31 December 2020


 




 
 
Assets


 
2020
GBP




Current assets








Cash and cash equivalents


878,642




Total current assets


878,642




 
Liabilities Current liabilities








Trade and other payables


21,101




Total current liabilities


21,101














Net current assets


857,541




 
Non-current liabilities








Long term debt


164,263




Total non-current liabilities


164,263




Net assets


693,278




 
Shareholders' Equity








Share capital


804,855




Other reserves - warrant options


74,330




Foreign exchange reserve


9,390




Retained earnings


(195,297)




Total shareholders' equity


693,278




Total equity


693,278



 
 
 
 



CASH FLOW STATEMENT








for the period ended 31 December 2020












2020
GBP




Cash flows from operating activities








Profit/(Loss) for the period before taxation


(191,564)




Increase in trade and other payables


21,101




Cash generated by operations


(170,463)




Cash flows from financing activities








Interest Paid


(2,357)




Issue of ordinary share capital


879,185




Parent company loan issuance/(repayment)


164,263




Net cash flow from financing activities - continuing operations


1,041,091




 
Net increase in cash and cash equivalents


 
870,628




Cash and cash equivalents at the start of the period


-




Effects of foreign exchange rate changes


8,014




Cash and cash equivalents at the end of the period


878,642



 
STATEMENT OF CHANGES IN  EQUITY
for the period ended 31 December 2020
 
 
 
Attributable to owners of the Company







Foreign






Total








Share


Other


Exchange


Retained


Shareholders








Capital


Reserves


Reserves


Earnings


Equity




 
Opening Balance


£
-


£
-


£
-


£
-


£
-




Issuance of Share Capital


879,185


-


-


-


879,185




Other Reserves - Warrant Options


(74,330)


74,330


-


-


-




Total comprehensive income for the period


-


-


9,390


(195,297)


(185,907)




Balance as at 31 December 2020


804,855


74,330


9,390


(195,297)


693,278



 
 
ACCOUNTING POLICIES
The Company prepares its accounts in accordance with applicable International Financial Reporting Standards ("IFRS") as adopted by the European Union.
 
END
 
For further information, please contact:
 



Enquiries:








Anemoi International Ltd








Duncan Soukup (Chairman)


+33 (0)6 78 63 26 89



 
 

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