NAV & EPS / Inventory Accounting | Gemfields Group

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

Based on weighted average number of shares in issue during the period.
For the period 4 September 2007 to 31 December 2007
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.

File: 20200728-GGL-Inventory-Accounting-Guide.pdf

July 28, 2020
Public