p
   
 
 

 

 
 

Five Year Financial Summary

 

2008

2007

2006

2005

2004

 

N ’000

N ’000

N ’000

N ’000

N ’000

 

 

 

 

 

 

ASSETS:

 

 

 

 

 

Cash and bank balances

2,817,009

267,692

53,955

185,340

71,187

Trading securities

9,799,320

5,620,884

400,000

35,706,481

21,212,169

Assets on repurchase agreements

1,951,927

19,999,235

-

1,466,600

5,530,200

Marketable securities

86,659,626

58,596,592

52,050,059

35,706,481

21,212,169

Other assets

1,208,999

992,920

262,521

196,962

169,753

Deferred tax

346,295

97,880

75,068

-

-

Short Term Investment

4,182,383

1,750,000

-

-

-

Long Term Investment

11,368,182

8,540,665

2,865,419

400,066

400,066

Fixed assets

155,235

116,434

138,599

118,386

118,648

 

 

 

 

 

 

TOTAL ASSETS

118,488,976

95,982,302

55,845,621

38,073,835

27,502,023

 

 

 

 

 

 

LIABILITIES:

 

 

 

 

 

Secured deposits

106,168,124

68,557,183

51,045,094

32,723,269

18,557,707

Liabilities on repurchase agreements

1,960,000

20,201,247

-

1,472,600

5,566,200

Other liabilities

1,100,828

995,829

439,780

325,291

421,125

Taxation payable

964,900

639,975

533,476

545,259

563,176

Gratuity provisions

228,764

109,973

 

 

 

Dividend payable

-

-

9,150

321,150

266,400

Deferred taxation

-

-

-

9,541

13,767

 

 

 

 

 

 

TOTAL LIABILITIES

110,422,616

90,504,207

52,027,500

35,397,110

25,388,375

 

 

 

 

 

 

NET ASSETS

8,066,360

5,478,095

3,818,121

2,676,725

2,113,648

 

 

 

 

 

 

CAPITAL AND RESERVES:

 

 

 

 

 

Share capital

2,500,000

2,000,000

1,750,000

1,500,000

1,250,000

Statutory reserves

1,436,078

997,357

713,717

542,508

410,796

Reserve for bonus issue

500,000

500,000

250,000

250,000

250,000

General reserve

3,630,282

1,844,197

1,104,404

384,217

202,852

Revaluation reserve

-

136,541

-

-

-

 

 

 

 

 

 

SHAREHOLDERS’ FUNDS

8,066,360

5,478,095

3,818,121

2,676,725

2,113,648

 

 

 

 

 

 

 

 

 

 

 

 

Gross Earnings

18,694,245

7,335,440

7,205,221

5,948,311

5,970,785

 

 

 

 

 

 

Profit before taxation

3,464,350

2,224,105

1,608,592

1,281,357

1,060,861

 

 

 

 

 

 

Profit after taxation

2,924,806

1,890,933

1,141,396

878,077

748,847

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

- Basic

117

95k

65k

59k

60k

- adjusted

 

 

 

 

 

Dividend per share

 

 

 

 

 

- Basic

-

-

-

-

-


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