Net Asset Value (NAV) & Earnings Per Share (EPS) / Inventory Accounting Guide

Year ended 31 December Net assets attributable to
shareholders – US$’000
NAV Per Share – US$
20072 169,316 1.02
2008 159,727 0.65
2009 321,681 0.68
2010 437,711 0.92
2011 365,402 0.77
2012 401,358 0.53
2013 416,047 0.55
2014 471,451 0.62
2015 322,325 0.42
2016 366,895 0.48
20173 538,723 0.40
20183 476,195 0.36
20193 494,261 0.42
20203 412,573 0.35
2021 464,506 0.397
2022 490,509 0.405
Profit/(loss) for the period – US$’000 Earnings/(loss) Per Share – US$1
5,449 0.03
(46,431) (0.19)
62,432 0.20
116,030 0.24
(72,309) (0.15)
(39,048) (0.06)
14,689 0.02
54,404 0.07
(149,126) (0.20)
44,570 0.06
37,892 0.04
(62,213) (0.05)
28,369 0.02
(85,282) (0.07)
50,733 0.043
56,779 0.048
  1. Based on weighted average number of shares in issue during the period.
  2. For the period 4 September 2007 to 31 December 2007
  3. For years 2017 onwards, financial metrics are based on parent only figures.

The following presentation sets out the theory behind how Gemfields Group Limited (‘Gemfields’) and its subsidiaries account for rough gemstone inventory. It includes a worked example in which dummy numbers have been used.