::Consolidated Discounts Limited::

	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