UNIVERSITY PRESS : EARNINGFORCAST

UNIVERSITY PRESS PLC

PROFIT FORECAST FOR THE SECOND QUARTER ENDING 30TH SEPTEMBER 2024

Revenue	N'000
2,433,500
Cost of Sales	(988,035)
Gross Profit	1,445,465
Other Operating Income	142,824
Finance Income	21,640
		1,609,929
Overheads	(913,393)
Profit before tax	696,536
Taxation	(252,395)
Profit after tax		444,141

UNIVERSITY PRESS PLC

CASHFLOW FORECAST

FOR THE SECOND QUARTER ENDING 30TH SEPTEMBER 2024

Cash flows from operating activities

Profit after tax

Adjustment for:

Depreciation of property, plant and equipment

Gain from disposal of property, plant and equipment Net Finance income

Income tax expense

Working capital changes: (Increase)/decrease in inventories (Increase)/decrease in trade receivables (Increase)/decrease in other receivables Increase/(decrease) in trade payables Increase/(decrease) in other payables (Decrease)/increase in deferred tax liabilities Increase in unclaimed dividends

Cash generated from operations

Income tax

Net cash from operating activities

Cash flows from investing activities

Purchase of property plant and equipment

Sale of property, plant and equipment

Finance income

Net cash used in investing activities

Cash flows from financing activities

Dividend

Net cash used in financing activities

Net increase in cash and cash equivalents

Cash and cash equivalents at the beginning of the year

N'000

444,141

39,888

(142,824)

(21,640)

252,395

571,960

(245,260)

(877,850)

28,456

(332,565)

(41,065)

-

-

(896,324)

(75,247)

(971,571)

(305,000)

345,000

21,640

61,640

-

-

(909,931)

1,162,712

Cash and cash equivalents at the end the period	252,781