### CARIBBEAN CREAM LIMITED #### Statement of Financial Position **As of February 28, 2021** *(Expressed in Jamaican dollars unless otherwise stated)* --- ##### NON-CURRENT ASSETS - **Property, plant, and equipment**: - 2021: $825,483,694 - 2020: $773,143,905 - **Right-of-use assets**: - 2021: $93,044,425 - 2020: $95,435,877 - **Total** non-current assets: - 2021: $918,528,119 - 2020: $868,579,782 --- ##### CURRENT ASSETS - **Cash and cash equivalents**: - 2021: $217,283,548 - 2020: $129,196,815 - **Trade and other receivables**: - 2021: $93,514,369 - 2020: $58,211,081 - **Tax recoverable**: - 2021: $0 - 2020: $779,621 - **Inventories**: - 2021: $162,352,192 - 2020: $117,774,685 - **Total** current assets: - 2021: $473,150,109 - 2020: $305,962,202 --- ##### CURRENT LIABILITIES - **Trade and other payables**: - 2021: $214,491,486 - 2020: $185,346,512 - **Taxation payable**: - 2021: $10,734,482 - 2020: $0 - **Current portion of lease liabilities**: - 2021: $17,456,686 - 2020: $19,539,121 - **Current portion of long-term loans**: - 2021: $6,977,778 - 2020: $27,441,951 - **Total** current liabilities: - 2021: $249,660,432 - 2020: $232,327,584 - **Net current assets** ## Caribbean Cream Limited ### Statement of Profit or Loss and Other Comprehensive Income #### Year ended February 28, 2021 *(Expressed in Jamaica dollars unless otherwise stated)* | | Notes | 2021 | 2020 | |----------------------------|-------|----------------|----------------| | **Gross operating revenue**| 13 | 1,870,188,069 | 1,706,358,991 | | **Cost of operating revenue** | 14 | (1,245,049,430)| (1,160,747,229)| | **Gross profit** | | 625,138,639 | 545,611,762 | | **Other income** | | - | 1,994,192 | | **Total income** | | 625,138,639 | 547,605,954 | | **Administrative, selling and distribution expenses:** | | | | | - *Administrative* | 14(b) | (427,856,374) | (395,323,017) | | - *Selling and distribution* | 14(c)| (60,656,587) | (68,301,238) | | **Total expenses** | | (488,512,961) | (463,624,255) | | **Impairment recovered/(loss) on trade receivables** | 7(i)| 1,804,151 | (2,673,129) | | **Operating profit before finance costs and taxation** | | 138,429,829 | 81,308,570 | | **Finance income - interest** | | 1,333,200 | 1,133,753 | | **Finance costs** | 15 | (21,262,694) | (20,270,767) | | **Profit before taxation** | | 118,500,335 | 62,171,556 | | **Taxation** | 16 | (17,819,728) | (7,602,157) | | **Profit, being total comprehensive income for the year** | | 100,680,607 | 54,569,399 | |