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Five year financial summary

Here is the five year financial summary for year 2004 to 2008.

Five year summary

Financial performance

2008 (Nm)2007 (Nm)2006 (Nm)2005 (Nm)2004 (Nm)
Turnover37,37833,99125,554

33,391

28,577

Profit before tax4,1452,553(2,120)

2,281

2,970

Tax expenses(1,548)(717)746

(665)

(803)

Profit for the year2,5971,078(1,617)

1,616

2,167

Capital employed

2008 (Nm)2007 (Nm)2006 (Nm)2005 (Nm)2004 (Nm)
Share capital1,8911,8911,8911,5131,513
Reserves4,7443,0942,0164,0124,514
Shareholders interests6,6825,0313,9535,5716,073

Represented by

2008 (Nm)2007 (Nm)2006 (Nm)2005 (Nm)2004 (Nm)
Fixed Assets9,0568,6417,7737,6456,180
Net current assets694(1,029)(1,261)8531,983
Non current liabilities(3,068)(2,581)(2,558)(2,928)(2,090)

Net asset

Net Assets/share (Naira)

6,682

1.77

5,031

1.33

3,953

1.04

5,571

1.47

 6,073

 1.61

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