Balance Sheet as at 31 December 2009
Fixed assets
16,696,409
13,755,535
Net current assets
26,003,782
19,292,413
Total Assets
43668316
33922203
Deferred taxation
1,072,288,895
1,072,834,009
Employees gratuities
-602,590
-387,190
Share capital
6,000,000
6,000,000
Share premium
6,320,524
6,320,524
Revenue Reserve
29,292,273
20,306,674
For the year ended 31 December 2009
Turnover
82395712
80671383
Profit before taxation
19,586,932
30,151,378
Profit after taxation
13,185,599
21,871,047
Earnings per share- basic
110
182
Earnings per share-diluted
For the period ended 31 December 2009
Cash flows from operating activities
Cash receipts from customers
81,860,199
80,707,528
Cash payments to suppliers and employees
1,001,105,140
1,015,945,560
VAT paid
1,072,669,637
1,071,891,645
Tax paid
-50,128
1,066,498,250
Net cash provided by operating activities
8101200
13817511
cash flows from investing activities
Investment in subsidiary
-93,870
1,072,867,569
Interest received
3,744,621
2,873,718
Proceeds on disposal of fixed assets
3,117
1,117
Purchase of fixed assets
-4,510,976
-645,210
Net cash provided by investing activities
-857108
1355370
Cash flows from financing activities
Net cash provided by financing activities
-4200491
-15219494
Net Increase/(decrease) in cash and cash equivalents
3,043,601
-46,613
Cash and cash equivalents at 1 January
19,834,779
19,881,392
Cash and cash equivalents at 31 December
22878380
19834779
Investment Valuation Ratios
Liquidity And Solvency Ratios
Cash Flow Indicator Ratios
Gross Profit Margin (%)
0.24%
Return on Net fixed assets
Return on Invested Capital