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

 

 

 

FIDSON HEALTHCARE PLC

 

1. Head Office:

  6 Ilupeju By-pass

  Ilupeju  Lagos

  Tel: 234-01-4933319, 4976171

  Fax: 234-01-4930841, 49760118

  E-mail: info@fidson.com

  Website: www.fidson.com

 

2. Nature of Business:

  Manufacturing and Distribution of Pharmaceutical Products

 

3. Date of Incorporation:

  13th March 1995.

 

4. Date Listed on The Exchange:

4th June, 2008.

 

5. NSE Classification:

  Healthcare

 

6. Board of Directors:

  Mr. Felix Ohiwerei - Chairman

  Fidelis A. Ayebae - (MD/CEO)

  Prof. E. O Akinkugbe

  Mrs. Olufunmilola Ayebae

  Mr. Olugbenga Olayeye

  Abiola Adebayo

  Olatunde Olanipekun

  Olutoyin Ehinlaiye

 

7. Company Secretary:

  Mr. Olatunde Olanipekun

 

 

8. Auditors:

  Ernst and Young

 

9. Company Registrars:

   First Registrars Nigeria Limited

 

10. Subsidiaries/Associates:

  FIL Pharmaceuticals Limted

  Widenet Impex Limited

  Ecomed Pharma Limited

 

11. End of Accounting Year

  30th June.

 

12. Number of Employees

  250

 

13. Capital Structure

  i. Authorised:                  N750,000,000.00

  ii. Paid-Up                      N750,000,000.00

 

14. Analysis of Shareholding

  Nigerian Citizens & Associations 100%

 

 

FIVE-YEAR FINANCIAL SUMMARY

 

ASSETS

EMPLOYED                                         2007          2006          2005          2004          2003

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

 

Fixed assets                                                 586,482          501,154          441,992          362,934          239,866

Leased assets                                                77,418           84,825           18,883             9,500                    -

Investments                                                  283,824          171,760           57,416           50,000                    -

Net current assets                                      1,159,542          699,798          556,583          482,681          297,653

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

                                                                 2,107,266       1,457,537       1,074,874          905,115          537,519

Creditors -

due after one year                                         (51,681)         (24,300)           (1,086)              (848)                    -

Deferred taxation                                          (49,974)         (49,974)         (49,974)         (47,054)         (47,054)

Staff retirement benefit                                 (26,047)         (15,530)           (3,756)           (2,436)                    -

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

                                                                 1,979,564       1,367,733       1,020,058          854,777          490,465

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

CAPITAL AND RESERVES:

Share capital                                                  89,181           89,181           89,181           84,636           71,000

Share premium                                               81,818           81,818           81,818           61,363                    -

Revaluation reserve                                         26,279           26,279           26,279           29,199          208,220

Revenue reserve                                         1,229,448          724,144          501,812          316,620          244,294

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

Shareholders Fund                                     1,426,726          921,422          699,090          491,818          344,493

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

 

TURNOVER AND PROFITS:

Turnover                                                    3,307,421       2,200,167       1,624,471       1,080,231          763,937

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

Profit before taxation                                    505,304          370,430          246,268          182,984          161,372

Profit after tax                                              505,304          370,430          246,268          182,034          145,209

Proposed dividend                                                  -          147,149           98,099           73,634           38,197

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

PER SHARE DATA (KOBO))
Earnings

Basis                                                                  567                415                276                215                205

Adjusted                                                             567                415                276                204                163

Dividend

Actual                                                                     -                165                110                  87                  54

Adjusted                                                                 -                165                110                  83                  43

Net assets                                                               -             1,033                783                625                434

NOTE:

Earnings, dividend and net assets per share are based on the number of shares issued and fully paid at the end of each year. Earnings and dividend per share are based on profit after taxation.

                  

 

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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