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

 

 

 

BCN PLC

 

 

1. Head Office:

  Plots 22/23, Chief T. A. Doherty Layout

  Oregun Industrial Estate, Ikeja,

  Tel: 234-01-4961765, 8116091

  Fax: 234-01-4961763

  Telex: 26225

 

2. Nature of Business:

  Manufacturing and Marketing of Pharmaceutical Veterinary, Toiletry

  and Cosmetic Products.

 

3. Date Listed on The Exchange:

  5th August, 1974

 

4. NSE Classification:

  Healthcare.

 

5. Board of Directors:

  Alhaji Y. M. Bamali (Chairman)

  Mr. F. I. Ogboro

  Prof. E. M. Essien

  Prof. H. A. B. Coker

  Mr. Ahmed Yusuf Ahmed

 

6. Company Secretary:

  Dupe Olotu & Co.,

  3, Inabere Street, Lagos

  Tel: 234-01-2634708

  Fax: 234-01-2647806

 

 

7. Auditors:

  Ayinde Babatunde & co.

  (Chartered Accountants)

  9, Koseh street,

  Lagos.

 

8. Company Registrars:

  First Registars Nigeria Limited

  Plot 2, Abebe Village Road,

  Iganmu, Lagos.

 

9. End of Accounting Year

  31st December.

 

10. Number of Employees

  75

 

11. Capital Structure

  i. Authorised:    N10,500,000.00

  ii.  Paid-Up       N10,500,000.00

 

12. Analysis of Shareholding

  Nigerians - 100%

 

 

FIVE-YEAR FINANCIAL SUMMARY

 

                                                         2004          2003          2002          2001          2000

                                                        N‘000         N‘000         N‘000         N‘000         N‘000

 

Turnover                                           72,531        67,952        60,825        33,854        41,101

 

FUNDS EMPLOYED:

Called-up

Share Capital                                    10,500        10,500        10,500        10,500        10,500

Share premium                                      397            397            397            397            397

Other reserves                                     (876)       (1,322)       (6,374)      (20,081)      (10,860)

                                                ---------------  ---------------  ---------------   --------------  ---------------

Shareholders’ fund                            10,021         9,575         4,523       (9,191)              33

                                               ========= ========= ========= ========= =========-

 

ASSETS EMPLOYED:

Fixed assets                                      8,371         7,781         6,708         7,114         7,641

Net current assets                             19,792        16,888        14,373       (1,060)         6,512

Long-term liabilities & charges          (18,140)      (15,094)      (16,550)      (15,240)      (14,120)

                                                ---------------  ---------------  ---------------   --------------  ---------------

Net assets                                        10,021         9,575         4,523       (9,191)              33

                                                ---------------  ---------------  ---------------   --------------  ---------------

Profit/(Loss) before taxation                   668         5,402        14,224       (9,156)       (9,291)

Profit/(Loss) after taxation                      446         5,052        13,714       (9,224)       (9,385)

Dividends                                                 -                -                -                -                -

Retained profit/(Loss)                            446         5,052        13,714       (9,224)       (9,385)

Earnings per share                             0.212k         2.41k         6.53k                -                -

Dividends per share                                   -                -                -                -                -

 

NOTE:

Based on 21,000,000 Ordinary Shares of 50k each.      

 

 

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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