|
1. Head Office:
32, Creek
Road,
Apapa, Lagos.
Tel: 234-01-5803270 - 4
Fax: 234-01-5870368
E-mail: alumaco@hyperia.com
2. Nature of Business:
Manufacture
and Marketing of Aluminium Products, Construction and Erection of
Aluminium-based Building Components and Allied Services.
3. Date of Incorporation:
25th January, 1960
4. Date Listed on The Exchange:
July, 1972.
5. NSE Classification:
Industrial/Domestic Products.
6. Board of Directors:
Alhaji (Dr.) Shehu A. Musa, CFR, GCON, (Chairman)
Chief Isaiah Olanrewaju Ajijola
Mr. Akinwande A. Akinola
Maj. Gen. Victor Omonigho Odeka (Rtd)
Mr. M. O. Lakanu (GM/CEO)
7. Company Secretary:
Marina Nominees Limited
KPMG House,
233, Ikorodu
Road,
Ilupeju, Lagos.
|
8. Auditors:
Akintola Williams Deloitte
(Chartered Accountants)
9. Company Registrars:
United Bank for Africa Plc.,
Registrar’s Department,
97/105 Broad
Street,
Lagos.
10. Subsidiaries/Associates:
None
11. End of Accounting Year
31st December.
12. Number of Employees
108
13. Capital Structure
i.Authorised: N40,000,000.00
ii.Paid-Up
N31,500,000.00
|
|
FIVE-YEAR FINANCIAL SUMMARY
FUNDS
EMPLOYED 2002 2001 2000 1999 1998
N‘000 N‘000 N‘000 N‘000 N‘000
Share Capital 31,500 31,500 31,500 31,500 31,500
Share Premium 34,727 41,027 41,027 41,027 41,027
Bonus issue reserve 6,300 - - - -
Fixed assets revaluation
reserve 99,052 99,052 191,341 191,341 191,341
General Reserve (deficit) (105,753) (122,609) (133,617) (73,489) 10,690
-------- -------- -------- -------- --------
65,826 48,970 130,251 190,379 274,558
===== ===== ===== ===== =====
ASSETS EMPLOYED:
Fixed Assets 82,900 85,020 171,646 185,367 191,023
Investments 48,168 48,168 48,168 36,861 36,861
Net Current (Liabilities)/Assets (19,861) (42,152) (89,563) (31,849) 46,689
-------- -------- -------- -------- --------
111,207 91,036 130,251 190,379 274,573
Less:
Long term loan (25,381) (23,000) - - -
Gratuity (20,000) (19,066) - - (15)
-------- -------- -------- -------- --------
65,826 48,970 130,251 190,379 274,558
===== ===== ===== ===== =====
TURNOVER AND PROFITS:
Turnover 339,638 233,070 215,726 286,182 351,204
Profit /(loss) before taxation 16,856 21,258 (59,975) (84,180) 4,069
Profit/(loss) After Taxation 16,856 11,008 (60,128) (84,179) 3,692
Dividends - - - - 3,150
===== ===== ===== ===== =====
Earnings per 50k share 26.75k 17.47k (95.44)k (133.62)k 5.86k
Dividends per 50k share - - - - 5.00k
Dividend cover (times) - - - - 1.17
Net asset per
50k share 104k 78k 207k 302k 436k
NOTE:
Earnings and dividends per
share are based on profit after tax and the number of issued ordinary
shares at 31 December, 2002.
|
