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

 

 

 

EKOCORPS PLC

 

1. Head Office:  

  31, Mobolaji Bank-Anthony Way,

  P. M. B. 21568,

  Ikeja, Lagos.

  Tel: 234-01-4978800 - 9

  Fax: 234-01-4960159

 

2. Nature of Business:

  Healthcare Services

 

3. Date of Incorporation:

  1984

 

4. Date Listed on The Exchange:

  24th March, 1994

 

5. NSE Classification:

  Healthcare

 

6. Board of Directors:

  Dr. Sonny Folorunso Kuku, (OFR) (Chairman/Joint Chief Medical Director)

  Dr. Amechi A. Obiora (FRCS)

  Chief F. G. Adekunle Cole

  Prof (Chief) J. O. Irukwu

  Chief James O. Odubanjo

  Ms Angela N. Onyeador

  Pastor S. O. Nathaniel

  Alhaji Bala Zakariya’u

 

7. Company Secretary:

  Mr. A. O. Ayinla

 

8. Auditors:

  Emmanuel Adebola Fayemi & Co.,

  (Chartered Accountants)

  19/21, Adeola Adeoye Street,

  Off Olowu Street,

  P. O. Box 8528, Ikeja, Lagos.

 

9. Company Registrars:

  Union Registrars Limited

  2, Burma Road,

  Apapa, Lagos.

 

10. End of Accounting Year

  31st December.

 

11. Number of Employees

  337

 

12. Capital Structure

  i.  Authorised:       N250,000,000.00

  ii.  Paid-Up               N166,543,246.00

 

13. Analysis of Shareholding

  100% Nigerians

 

 

 

FIVE-YEAR FINANCIAL SUMMARY

 

CAPITAL

EMPLOYED                                                     2005             2004             2003             2002             2001

                                                                             N                   N                   N                   N                   N

PROFIT AND LOSS ACCOUNT:

Turnover                                             422,853,519 397,151,364 376,092,881 356,058,097 336,858,746

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

Profit/(Loss) before taxation                74,183,915   65,575,610   60,763,340   58,493,838   52,513,615

Taxation                                             (11,864,589)   (7,976,299)   (5,753,966)   (6,859,304)   (6,270,976)

Profit/(Loss) after taxation                   62,319,326   57,599,311   55,009,374   51,634,534   46,242,639

Dividend                                                                - (13,323,460)                    -                    - (21,250,000)

Profit/(Loss) retained                         177,938,478 148,927,801 131,636,547   51,634,534   24,992,639

 

ASSETS EMPLOYED:

Fixed assets                                       559,186,225 445,174,641 457,299,440 326,666,534 337,143,234

Investment (Unquoted)                         21,395,842     7,250,000     7,250,000     7,250,000     7,250,000

Net current assets/(liabilities)              26,678,245 167,270,390 110,869,740 190,243,272 128,132,038

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

Total Assets                                        607,260,312 619,695,031 575,419,180 524,159,806 472,525,272

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

FINANCED BY:

 

Share capital                                      166,543,246 133,234,597 106,250,000   85,000,000   85,000,000

Capital reserve                                   214,443,976 227,994,216 227,994,216 227,994,216 227,994,216

Reserves for bonus issue                     12,375,000   12,375,000   12,375,000   33,635,000   12,375,000

General reserve                                  213,898,090 246,091,219 228,799,964 177,540,590 147,156,056

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

Shareholders’ funds                           607,260,312 619,695,031 575,419,180 524,159,806 472,525,272

                                                             =========   =========   =========   =========   =========

 

Earnings per share (kobo)                                  19                 22                 26                 30                 27

Earnings per share (adjusted) - (kobo)              19                 17                 17                 16                 14

Dividend per share (kobo)                                    -                   5                    -                    -                 13

Dividend per share (adjusted) - (kobo)                 -                   4                    -                    -                   6

Net assets per share (kobo)                             182               233               271               308               278

Net assets per share (adjusted) - (kobo)          182               186               173               157               142

Dividend cover                                                      -                4.3                    -                    -                2.2

                  

 

 

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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