ENI CBM LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  -1.2%

  £1,311,999 → £1,296,581

• Net assets

  -2.8%

  £1,529,842 → £1,486,995

• Employees

  —

  Not reported

• Operating profit

  -16%

  -£88,391 → -£102,495

• Profit before tax

  -42.3%

  -£30,108 → -£42,847

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The net asset position at 31 December 2024 was $1,989,153 (2023: $2,046,470) and the cash balance was $1,734,437 (2023: $1,755,061). Given the limited activity of the company, the directors are satisfied that the company has adequate financial resources, including access to Eni group financial resources, to continue to operate for the foreseeable future and meet its obligations as they fall due. The company has obtained written confirmation from its intermediate parent company Eni Investments Plc, that the latter will provide adequate financial support to enable the company to meet its obligations for a period of at least twelve months from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “In December 2023 SKK Migas, the Indonesian Oil & Gas regulator, has issued the approval letter for VICO CBM PSC relinquishment. In this letter, it is stated that VICO CBM is still obliged to complete the remaining activities as described below: Proceeding with the Government owned land ownership certification as per Ministry of Finance regulation No. 140/2020. This requires involvement and support from notarial services. Safeguarding the remaining inventory to be auctioned off by the Government of Indonesia (GOI) as per Ministry of Finance regulation No. 89/2019 and No. 140/2020. The company does not expect to incur significant costs in relation to the auction process. Completing the hand-over process of the exploration data from SKK Migas to Ministry of Energy and Mineral Resources. The company is continuing to finalise the winding down of its operations by delivering those three activities, anticipated to be complete by 2027.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.