Balance Sheet
As at 31 May 2007

 

Note

Group (2007)
Group (2006)

Company(2007)

Company(2006)

 

 

N ’000

N’000

ASSETS:

 

 

 

Cash and bank balances

1

270,558
153, 970

267, 692

53,955

Trading securities

2

5,620,884
400, 000

5,620,884

400,000

Assets on repurchase agreements

3

19,992,235
-

19,992,235

-

Marketable Securities 4
64,665,060
52,050,059
58,920,276
52,050,059

Other assets

5

1,158,848
226,336

992,920

262,521

Short-term investment

6

1,750,000
-

1,750,000

-

Deferred taxation 12
109,323
75,068
97,880
75,068

Long-term investment

7

8,360,665
2,775,419

8,540,665

2,865,419

Fixed assets

8

157,303
174,780

116,434

138,599

 

 

 

 

TOTAL ASSETS

 

102,091,876
55,855,632

116,434

138,599

 

 

 

 

LIABILITIES:

 

 

 

Secured Placements

9

74,176,193
51,045,094

68,557,183

51,045,094

Liabilities on repurchase agreements

3

20,201,247
-

20,201,247

-

Other liabilities

10

1,515,284
443,117

1,429,486

439,780

Taxation payable

11

703,909
557,556

639,975

533,476

Dividend payable

13

-
9,150

-

9,150

 

 

 

 

TOTAL LIABILITIES

 

96,596,663
52,054,917

90,827,891

52,027,500

 

 

 

 

NET ASSETS

 

5,495,243
3,800,715

5,478,095

3,818,121

 

 

 

 

CAPITAL AND RESERVES:

 

 

 

Share capital

14

2,000,000
1,750,000

2,000,000

1,750,000

Statutory reserves

15

997,357
713,717

997,357

713,717

Reserve for bonus issue

16

500,000
250,000

500,000

250,000

General reserve

17

1,841,578
1,079,739

1,844,197

1,104,404

Reservation reserve 2(b)
136,541
-
136,541
-

 

 

 

 

SHAREHOLDERS’ FUNDS

Minority interest

 

5,475,476

19,767

3,793,456

7,259

5,478,095

-

3,818,121

-

   

 

 

5,495,243
3,800,715

5,478,095

3,818,121

Back to Financials

Head Office:

Bull Plaza, 10th – 12th Floors
38/39 Marina
Lagos


Tel: +234 1 2644271 – 9 (Dealing)
+234 1 2644281 – 4 (PABX)
Fax:+234 1 2644280
E-mail: cdl@cdlnigeria.com

Abuja Office:

Union Bank Building
3rd floor, Hadeija Close
off J.S Tarka Street, Area 3, Garki, Abuja

Tel: +234 9 2341696-7
Tel: +234 9 6726868-9
Fax:+234 9 2341698
E-mail: abuja@cdlnigeria.com

Port Harcourt Office:

Areta Plaza, 1st Floor
178, Aba Road, Port Harcourt
Rivers State.

Tel: + 234 84 577807
Tel: + 234 84 235522
Fax:+ 234 84 236121
E-mail: ph@cdlnigeria.com