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Airea PLC - Typo correction to Final Results

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



£'000

£'000

£'000

£'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 reserve



85


-

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

 

 


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END
 
 
MSCUVOBRRBUORAR

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Price: 29

Market: AIM
Market Cap: £11.99 m
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