Balance Sheet as at 31st December 2009
Fixed assets
1,946,798
2,046,325
Current assets
1,533,783
984,498
Current liabilities
-230,121
-126,406
Deferred taxation
-60,783
-60,783
Convertible bond
-801,250
1,073,215,305
Total net assets
2389265
2481337
Share capital
1,100,000
1,100,000
Share premium
1,091,420
1,091,420
Exchange equalization reserve
-274,731
Revenue reserve
472,576
289,917
Shareholders funds
2389265
2481337
For the year ended 31 December 2009
Profit/(loss) before taxation
259,710
282,350
Current taxation
-51
-25,540
Profit/(loss) after taxation
259659
196027
Earnings - Basic
11.80k
8.91k
Earnings (diluted)
11.80k
8.91k
Net assets (adjusted)
N1.09
N1.13
Stock exchange quotations
N0.54k
N1.50k
For the period ended 31 December 2009
Cash flows from operating activities
Operating profit before working capital changes
426,622
418,876
Working capital changes
-538,794
-437,880
Net cash outflow from operating activities
-112172
-19004
Cash flows from investing activities
Purchase of fixed assets
-71,670
-537,476
Investments
169,349
-172,584
Cash flows from financing activities
Exchange equalization reserve
-274,731
Share issue expense/received
-47,892
Revaluation/Corporate Bond obtained
274,731
526,519
Dividend paid
-77,000
-50,000
Net(decrease)/increase in cash and cash equivalent
-91,493
-300,437
Cash and cash equivalent at the beginning of the year
137,554
437,991
Cash and cash equivalent at the end of the year
46061
137554
Cash and bank balances
46061
137554
Investment Valuation Ratios
Operating Profit Per Share (Rs)
Operating Profit Margin(%)
Return On Capital Employed(%)
Liquidity And Solvency Ratios
Number of Days In Working Capital
Cash Flow Indicator Ratios
Earning Retention Ratio
1%
Fixed Assets Turnover Ratio
1%