Crown Paints Kenya Limited announced audited consolidated and company earnings results for the year ended December 31, 2014. For the year, the company reported revenue of KES 6,039,061,000 compared to KES 5,158,992,000 a year ago. Profit before tax was KES 151,481,000 compared to KES 333,442,000 a year ago. Profit for the year attributable to owners of the parent was KES 19,715,000 compared to KES 213,843,000 a year ago. Basic and diluted earnings per share were KES 0.83 compared to KES 9.01 a year ago. Net cash used in operating activities was KES 278,847,000 compared to KES 76,586,000 a year ago. Purchase of property, plant and equipment was KES 320,602,000 compared to KES 190,359,000 a year ago. Purchase of intangible assets was KES 19,228,000 compared to KES 21,228,000 a year ago. Net debt as at December 31, 2014 was KES 1,046,490,000 compared to KES 379,893,000 as at December 31, 2013.

For the year, on company basis, revenue was KES 5,804,909,000 compared to KES 5,005,269,000 a year ago. Profit before tax was KES 351,363,000 compared to KES 358,536,000 a year ago. Profit for the year was KES 219,597,000 compared to KES 238,937,000 a year ago. Total comprehensive income for the year net of tax was KES 219,597,000 compared to KES 238,937,000 a year ago. Basic and diluted earnings per share were KES 9.26 compared to KES 10.07 a year ago. Net cash used in operating activities was KES 329,181,000 compared to KES 112,543,000 a year ago. Purchase of property, plant and equipment was KES 261,958,000 compared to KES 161,686,000 a year ago. Purchase of intangible assets was KES 17,936,000 compared to KES 21,228,000 a year ago.