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Share Name Share Symbol Market Type Share ISIN Share Description
Airea Plc LSE:AIEA London Ordinary Share GB0008123027 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 31.00 30.00 32.00 31.00 31.00 31.00 7,679 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 19.3 2.6 8.2 3.8 13

Airea PLC Typo correction to Final Results

05/03/2020 5:47pm

UK Regulatory (RNS & others)


Airea (LSE:AIEA)
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From Jan 2020 to Jul 2020

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TIDMAIEA

RNS Number : 2069F

Airea PLC

05 March 2020

The following amendment has been made to the ' Final results for the year ended 31st December 2019' announcement released on 5 March 2020 at 07:00 under RNS No 0570F.

In the consolidated Balance Sheet there was duplication of the heading 'Deferred tax' under Non-current liabilities. The second reference to 'Deferred tax' under Non-current liabilities in the previous announcement now reads 'Loans and borrowings'.

All other details remain unchanged. The full amended consolidated balance sheet is shown below.

Airea plc

Final results for the year ended 31st December 2019

Consolidated Balance Sheet

Year ended 31 December 2019

 
                                    2019      2019      2018      2018 
                                 GBP'000   GBP'000   GBP'000   GBP'000 
 Non-current assets 
 Property, plant and 
  equipment                        4,229               5,108 
 Intangible assets                    39                  95 
 Investment property               3,600               3,400 
 Deferred tax asset                  847               1,466 
 Right-of-use-asset                1,233                   - 
                                           _______             _______ 
 
                                             9,948              10,069 
 Current assets 
 Inventories                       5,461               6,797 
 Trade and other receivables       2,112               2,330 
 Cash and cash equivalents         2,957               2,732 
                                 _______             _______ 
                                            10,530              11,859 
                                           _______             _______ 
 
 Total assets                               20,478              21,928 
                                           _______             _______ 
 Current liabilities 
 Trade and other payables        (2,412)             (3,571) 
 Provisions                        (320)               (320) 
 Lease liabilities                 (329)               (187) 
 Loans and borrowings              (562)                   - 
                                 _______             _______ 
                                           (3,623)             (4,078) 
 Non-current liabilities 
 Deferred tax                      (457)               (305) 
 Pension deficit                 (1,472)             (3,688) 
 Lease liabilities                 (323)               (323) 
 Loans and borrowings              (724)                   - 
                                 _______             _______ 
                                           (2,976)             (4,316) 
                                           _______             _______ 
 
 Total liabilities                         (6,599)             (8,394) 
                                           _______             _______ 
 
 Net assets                                 13,879              13,534 
                                           _______             _______ 
 Equity 
 Called up share capital                    10,339              10,339 
 Share premium account                         504                 504 
 Own shares                                (1,839)                   - 
 Share based payment                            85 
  reserve                                                            - 
 Capital redemption reserve                  3,617               3,617 
 Revaluation reserve                         3,048               3,096 
 Retained earnings                         (1,875)             (4,022) 
                                           _______             _______ 
 
 Total equity                               13,879              13,534 
                                           _______             _______ 
 
 

Enquiries:

Neil Rylance 01924 266561

Chief Executive Officer

Paul Stevenson 01924 266561

Group Finance Director

Peter Steel / Ben Farrow 020 7496 3061

N+1 Singer

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCUVOBRRBUORAR

(END) Dow Jones Newswires

March 05, 2020 12:47 ET (17:47 GMT)

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