Company Name: The Initiates Plc (www.InitiatesGroup.com) Company Symbol: INITSPLC [INITSPLC]>> Company Reports The Initiates Plc  

Audited Financial Statement for the Period Ended December 31, 2016

Dec-16 Dec-15 N'000 N'000

Revenue: 648,144,614 345,766,929  Profit before Tax: 203,183,451 60,051,096  Taxation: (65,052,877) (22,883,903)  Profit after Tax: 138,130,574 37,167,193  Earnings per Share: (K) 16 4 Proposed Dividend: (K) 3 0

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