Nigerian Wire Industries Plc
Balance Sheet as at 31st December 2010
Fixed assets
338,147
350,334
Net current liabilities
-64,789
-57,355
Deferred taxation
-35,271
-37,920
Staff gratuity
-14,912
-12,916
For the year ended 31 December 2006
(loss)/profit before taxation
-20,134
-7,655
(loss)/profit after taxation
-18969
-9508
(loss)/earnings per share (kobo)
-126
-63
Net assets per share (kobo)
1488
1614
For the period ended 31 December 2006
Cash flows from operating activities
Cash received from customers
271,560
277,517
Payment to suppliers and employees
-255,491
-271,828
Net cash provided by operating activities
14245
3166
cash flows from investing activities
Proceeds from disposal of fixed assets
1,000
Purchase of fixed assets
-5,887
-3,155
Net cash provided by investing activities
-5887
-2155
Cash flows from financing activities
Interest paid
-5,886
-2,861
Net cash provided by financing activities
-5886
-2861
Net (decrease)/increase in cash and cash equivalent
2,472
-1,850
Cash and cash equivalents at 1 January
-5,760
-3,910
Cash and cash equivalent at 31 December
-3288
-5760
Investment Valuation Ratios
Operating Profit Per Share (Rs)
Operating Profit Margin(%)
Gross Profit Margin(%)
-0%
Return On Capital Employed(%)
Return On Net Worth(%)
-0%
Liquidity And Solvency Ratios
Number of Days In Working Capital
Cash Flow Indicator Ratios
Total Assets Turnover Ratio
Fixed Assets Turnover Ratio
1%