during the year (2016 ) listed in the Muscat Securities Market. Find the following from the financial statements.
a. Net income
b. Comprehensive income
c. Cash flow from operations
d. Cash flow for investing
e. Cash flow for financing
f. Common shareholders equity
g. Common shares outstanding
h. Total assets
Page 5 1 of 1 Omani Qatari Telecommunications Company SAOG Statement of profit or loss for the year ended 31 December I 1 2015 Notes 2016 RO'000 RO'000 4 5 6 10, 11 & 1 Revenue Operating expenses General and administrative expenses Depreciation and amortisation Royalty Financing costs (net) Other income / (expenses) - net Profit before tax Income tax expense Profit for the year 7 270,033 (75,612) (55,202) (65,702) (18,647) (2,445) 345 52,770 (6,501) 46,269 252,080 (69,679) (52,454) (57,308) (17,785) (2,474) (3.794) 48,586 (6,953) 41,633 Basic and diluted earnings per share RO 0.071 0.064 The notes on pages 10 to 37 are an integral part of these financial statements. The report of the Independent Auditors' is set forth on pages 1 - 4 Page 7 2016 RO'Heo 2015 RO900 281,955 31,628 25,486 255 281,067 37,282 23,152 255 18 561 339,885 341,774 2,185 94 744 42,099 15,761 58,604 398,489 37.671 28,414 68,270 410.044 Omani Qatari Telecommunications Company SAOG Statement of financial position as at 31 December Notes ASSETS Non-current assets Property and equipment 10 Licence fee Other intangible assets Investment in a subsidiary 12 Positive fair value of derivatives 174 Deferred tax asset 8 Total non-current assets Current assets Inventories Receivables and prepayments 13 Bank balances and cash Total current at TOTAL ASSETS EQUITY AND LIABILITIES Capital and reserves Share capital 14 Statutory reserve Hedging reserve Retained earnings Total equity Nen-current liabilities Interest bearing borrowings Site restoration provision 18 Employee benefits 19 Deferred tax liability Total non-current liabilities Current liabilities Payables and accruals 20 Interest bearing borrowings 17 Negative fair value of derivatives 174 Deferred revenue 16 Income tax payable Total current liabilities Total liabilities TOTAL EQUITY AND LIABILITIES Net assets per share 65,094 21,698 17A 65,094 21.698 4 128,577 215.373 148.SOS 235,600 4315 $175 3,112 25,915 4,525 2,707 363 33,510 12.602 102,193 21,700 18376 8.018 150,287 108,307 26,726 14 18,701 7,413 161.161 162,889 194.671 398.489 410.044 0.331 These financial statements were approved and authorised for issue by the Board of Directors om 21 February 2017 and were signed on their behalf by: g Chief Executive Officer Mirman Director The notes on pages 10 to 37 are an integral part of these financial statements. The report of the Independent Auditors' is set forth on pages 1 - 4. Page 8 Omani Qatari Telecommunications Company SAOG Statement of changes in equity for the year ended 31 December 1 Share Statutory capital reserve RO000 RO000 65,094 21,698 Hedging Retained reserve earnings RO'000 RO'000 55 111,680 Total RO'000 198,527 C 41,633 (51) 41,633 (51) 41,582 G (51) 41,633 (24,736) 128,577 (24,736) 215,373 65,094 21.698 4 At 1 January 2015 Profit for the year Other comprehensive income for the year Total comprehensive income Dividends (note 14) At 31 December 2015 At 1 January 2016 Profit for the year Other comprehensive income for the year Total comprehensive income Dividends (note 14) At 31 December 2016 65,094 21,698 4 128,577 215,373 46,269 46,269 (4) 46,269 46,265 (26,038) (26,038) 148,808 235,600 65,094 21,698 The notes on pages 10 to 37 are an integral part of these financial statements. The report of the Independent Auditors' is set forth on pages 1 - 4. 1 18 Page 9 Omani Qatari Telecommunications Company SAOG Statement of cash flows for the year ended 31 December 2016 2015 No RO'000 R0000 Operating activities Profit before tax Adjustments for 52,770 48,586 Depreciation 47,895 45,278 Amortisation 111 17.07 12.030 Interest income 7 (7) (13) Accrual for employees' end of service benefits 19 483 Employee retention - long term incentive 1,185 1,129 Financing costs 7 2.135 2,294 Write-off of property and equipment-net 10 67 2,669 Provision made on property and equipment 10 740 423 Loss on disposal of property and equipment 1,018 Unwinding of discount of site restoration provision 317 193 Operating profit before working capital changes 114.090 Working capital changes: Inventories 1.441 (1.228) Receivables and prepayments (5.589) Payables, accruals and deferred revenue (5,714) Cash from the operations 127,775 101.559 Interest paid 0.135) (2.294) Income tax paid (6.820) (5.178) Long term incentive paid (1.125) (584) Employees' end of service benefits paid (180) (581) Net cash from operating activities 117,515 92.922 Investing activities Purchase of property and equipment TO (54,852) Purchase of licence 11 (9.856) Purchase of other intangible assets 11 (14,487) (8.505) Investment in a subsidiary 12 (255) Interest income 7 Proceeds on disposal of property and equipment 105 Net cash used in investing activities (77,304) (73,350) Financing activities Repayment of term loan Repayment of revolving credit facility (26,626) (23.754) (17,000) Revolving credit facility draw down 17.000 Long term loan draw down 30,038 Dividends paid (26,038) (24,736) Net cash used in financing activities (18,452) (Decrease) / increase in cash and cash equivalents (12,653) 1.120 Cash and cash equivalents at the beginning of the year 28.414 27.294 Cash and eash equivalents at the end of the year 15,761 28,414 Note: The amounts under purchase of property and equipment represent the net additions for capital expenditure adjusted for timing differences. The notes on pages 10 to 37 are an integral part of these financial statements The report of the Independent Auditors' is set forth on pages 1-4 13
