THE NIGERIAN STOCK EXCHANGE FACTBOOK 2008

Published Under the Authority

of the Council of:

THE NIGERIAN STOCK EXCHANGE

STOCK EXCHANGE HOUSE

2/4 Customs Street,

P.O. Box 2457, Lagos

Telephone: 234-01-2660287, 2660305, 2660335, 2669978, 2661293

Telex 23567 STEX.NG

Fax: 234-01-2668281, 2668724

E-mail: nse@nigerianstockexchange.biz

Website:www.nigerianstockexchange.com

BRANCHES:

Abuja (Area Office)

Kaduna

Port Harcourt

Kano

Onitsha

Ibadan

Yola

Benin

Ilorin

Uyo

EDITORIAL BOARD

Prof. Ndi Okereke-Onyiuke, PhD, OON (Chairman)

Mr. Kene Okafor (Editor)

Mr. Farooq Oreagba (Editor)

Mr. Arize Nwobu (Deputy Editor)

Copyright:

The Nigerian Stock Exchange

ISBN 978 0262 - 1 - 6

Design/Typesetting by: Management Information Technology Department of The Nigerian Stock Exchange, 2/4 Customs Street, Lagos.

Produced by:

Pathway Communications Ltd.,

5/6, Adekunle Odunlami Crescent,

Next to AfriBank Estate,

Ilupeju - Lagos.

Nigeria.

Tel: 01-7911733

FACTBOOK 2008

NIGERIAN BOTTLING COMPANY PLC

1. Head Office: 3rd Floor, Iddo House, Iddo, Ebute Metta, Lagos. P. O. Box 159, Lagos. Tel: 234-01-7740844, 7747602, 7748339; 2. Nature of Business: Production and Bottling of Alcohol-free Beverages. 3. Date of Incorporation: 22nd November, 1951 4. Date Listed on The Exchange: 12th November, 1973 5. NSE Classification: Food/Beverage/Tobacco. 6. Board of Directors: Ambassador Olusegun Apata, (Chairman) Mr. Roland Ebelt, (MD/CEO) Mr. F. O. Akinkugbe Harry G. David (Amb.) Joe Tonye Fubara Iyalla, OFR Anastossious I. Leventis Haralambos K. Leventis Dimitris Lois Ahmed Mantey 7. Company Secretary: Temidayo Olaofe (Mrs.) 8. Auditors: PricewaterhouseCoopers (Chartered Accountants) 252E, Muri Okunola Street, Victoria Island, Lagos.

9. Company Registrars: Zenith Registrars Limited 89A, Ajose Adeogun Street, Victoria Island, Lagos. 10. End of Accounting Year 31st December. 11. Capital Structure i.Authorised: N750,000,000.00 ii.Paid-Up: N654,367,000.00 12. Subsidiaries/Associates Crown Products Limited Apapa Chemical Industries Limited Nigerian Bottling Compnay (Benin) Limited Sunvit Agro Industries Limited Agricultural Seeds Limited Frigoglass Industries (Nig.) Limited Valley Foods Limited Blaize Industrial Company Limited Kupa Farms Limited 13. Analysis of Shareholding Foreign: Molino Soft Drink S.A. (Luxembourg) - 55.62% CCBC Services Ltd, Ireland - 10.59% Nigerian Citizens and Association - 33.79% 14. No of Employees 6,152

FIVE-YEAR FINANCIAL SUMMARY ASSETS EMPLOYED 2007 2006 2005 2004 2003 N‘000 N‘000 N‘000 N‘000 N‘000 Fixed assets 31,838,260 31,326,200 28,016,068 22,576,120 20,759,503 Intangible assets - - 44,680 111,700 178,720 Long term investments 2,206,518 2,054,881 1,978,838 1,696,013 1,493,133 Current assets 14,043,356 13,139,672 13,950,231 11,564,219 11,265,723 Current Liabilities (16,993,593) (19,648,244) (16,933,673) (11,406,534) (8,902,809) ------------ ---------- ------------ ------------ ------------ 31,094,541 26,872,509 27,056,144 24,541,518 24,794,270 ====== ====== ====== ====== ====== LONG TERM LIABILITIES AND PROVISIONS Finance lease (2,962) (18,503) (165,709) (230,013) (52,845) Gratuity provision (4,537,144) (3,714,583) (2,906,651) (2,753,323) (2,121,886) Deferred Tax (3,701,250) (3,050,881) (3,583,221) (2,838,684) (3,295,915) ------------ ---------- ------------ ------------ ------------ 22,853,185 20,088,542 20,401,163 18,719,498 19,323,624 ====== ====== ====== ====== ====== FINANCED BY: Share capital 654,367 649,639 649,639 487,229 487,229 Reserve for bonus share - - - - 162,410 Share premium 3,937,996 3,937,996 3,462,583 3,462,434 3,462,434 Reserves 18,213,517 15,454,720 16,256,549 14,587,586 15,198,080 ------------ ------------ ------------ ------------ ------------ Shareholders’ funds 22,805,880 20,047,083 20,368,622 18,699,659 19,310,153 Minority interest 47,305 41,459 32,541 19,839 13,471 ------------ ------------ ------------ ------------ ------------ 22,853,185 20,088,542 20,401,163 18,719,498 19,323,624 ====== ====== ====== ====== ====== PROFIT AND LOSS ACCOUNT Turnover 68,529,128 59,674,516 55,444,504 47,553,874 43,900,832 ======= ======= ======= ======= ======= Profit Before tax & exceptional items 4,346,826 1,933,982 3,576,257 3,330,594 6,045,057 Exceptional items - (1,604,741) - - - Taxation (1,174,562) 437,007 (1,249,197) (298,272) (1,643,957) ---------- ---------- ---------- ---------- ---------- Profit After Taxation 3,172,264 766,248 2,327,060 3,032,322 4,401,100 Extraordinary items - 285,248 - - - ---------- ---------- ---------- ---------- ---------- 3,172,264 1,051,496 2,327,060 3,032,322 4,401,100 Minority Interest (5,846) (8,918) (12,702) (6,368) (6,618) ---------- ---------- ---------- ---------- ---------- Profit retained 3,166,418 1,042,578 2,314,358 3,025,954 4,394,960 ====== ======= ====== ====== ====== Information per 50k ordinary share: Earnings per share (kobo): - Basic 242 80 178 233 451 - Adjusted 242 80 177 231 336 ====== ======= ====== ====== ====== Dividends Per share (kobo) (Note 22) 75 30 60 120 160 Dividend cover 3 3 3 2 3 ====== ======= ====== ====== ====== NOTE: Earnings and dividends per share are based on the profit after taxation and the number of ordinary shares issued and fully paid at the end of each year.

Important Note:

While every effort is made to ensure accuracy, no responsibility is accepted for any error, which may occur in this book.

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