Shareholder's information - Balance Sheet
figures are in ₦ ' 000
| 2010 | 2009 | 2008 | 2007 |
| ASSETS |
|
| Current Assets |
|
| Bank and Cash Balances |
1,093,776 |
2,784,603 |
46,135 |
97,454 |
| Debtors and Prepayments |
- |
- |
- |
- |
| Other Debtors and Prepayments |
1,785,587 |
1,900,390 |
1,155,065 |
396,096 |
| Amount due from Associated Companyy |
1,285,842 |
1,193,472 |
702,984 |
228,332 |
| Trade Debtors |
3,058 |
848 |
26,593 |
49.915 |
| Work in Progress |
2,886,582 |
2,269,215 |
989,431 |
616,262 |
| Stocks |
23,550 |
111,648 |
107,670 |
101,238 |
| TOTAL CURRENT ASSETS |
7,078,395 |
8,260,176 |
3,027,878 |
1,489,297 |
|
|
| Long Term Investment |
|
| Long Term Investments |
2,006,060 |
2,000,000 |
- |
458 |
| Fixed Assets |
5,152,076 |
3,531,285 |
1,746,542 |
1,108,782 |
| TOTAL ASSETS |
14,236,976 |
13,791,461 |
4,774,420 |
2,598.537 |
|
|
| LIABILITIES |
|
| Current Liabilities |
|
| Bank Overdraft |
-714,363 |
-435,765 |
-2,016,512 |
-36,4028 |
| Amount falling due Within One Year |
- |
- |
- |
- |
| Trade Creditors and Accruals |
- |
- |
- |
- |
| Taxation |
-17,262 |
-18,660 |
-18,660 |
-6,300 |
| Dividend |
-2,900 |
-2,900 |
-2,900 |
-5,887 |
| Other Creditors |
- |
- |
- |
- |
| Trade Creditors |
-1,124,593 |
-843,401 |
-582,541 |
-312,527 |
| Other Creditors and Accruals |
-4,078,905 |
-3,503,935 |
-1,700,043 |
-1,884,297 |
| TOTAL CURRENT LIABILITIES |
-5,938,023 |
-4,804,661 |
-4,320,656 |
-2,573,039 |
|
|
| Long Term Liabilities |
|
| Term Loan |
- |
- |
-1,144,812 |
-1,150,741 |
| Staff Retirement Benefits |
-387,953 |
-294,507 |
-241,332 |
-116,738 |
| Staff Retirement |
- |
- |
- |
- |
| TOTAL LIABILITIES |
-6,325,976 |
-5,099,168 |
-5,706,800 |
-3,840,518 |
|
|
| CAPITAL AND RESERVES |
|
| Share Capital |
542,191 |
542,191 |
79,960 |
79,960 |
| General Reserve |
-3,774,401 |
-2,992,663 |
-2,304,045 |
-2,657,262 |
| Share Premium |
9,409,456 |
9,409,456 |
44,189 |
44,189 |
| Revaluation Reserve |
1,733,309 |
1,733,309 |
1,247,516 |
1,291,132 |
| TOTAL SHAREHOLDER'S EQUITY |
7,910,555 |
8,692,293 |
-932,380 |
-1,241,981 |
|
