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1. Head Office:
Plot 33D Bishop
Aboyade Cole Street,
P. O. Box
74013,
Victoria Island, Lagos.
Tel: 234-01-4618222
Fax: 234-01-4618380
E-mail: info@consolidatedhallmark.com
Website: www.consolidatedhallmark.com
Control Office:
266 Ikorodu
Road, Obanikoro Lagos.
Tel: 234-01-2700273
Fax: 234-01-2700272
E-mail: control@consolidatedhallmark.com
2. Nature of Business:
General and Special Risks Insurance
3. Date of Incorporation:
2nd September, 1991
4. Date Listed on The Exchange:
22nd February, 2008
5. NSE Classification:
Insurance
6. Board of Directors:
Ugo (Dr.) Obi Ralph Ekezie, (Chairman)
Mr. Anthony Aletor
Mr. Eddie Efekoha (MD/CEO)
Mr. Obashola Alo
Dr. Layi Fatona
Nze (Dr.) C. O. Maduako, MFR
Chief Ben C. Ikejiaku
Mr. Pat Azurunwa
Mr. Friday Ebojoh
Mr. Sunny Obidegwu
7. Company Secretary:
Foundation Chambers
Summit
House (1st Floor)
6 Ajele
Street, Lagos
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8. Auditors:
PKF-Pannel Kerr Forster
(Chartered Accountants)
Toloye House, 362, Ikorodu Road
1A, Okupe Estate,
Maryland, Lagos.
9. Company Registrars:
Meristem Registrars Limited
305, Herbert
Macaulay Street,
Ebute-Metta, Lagos.
10. Subsidiaries/Associates
Nil
11. End of Accounting Year
31 December
12. Number of Employees
145
13. Capital Structure
i. Authorised: N10,000,000,000.00
ii. Paid-Up N6,000,000,000.00
12. Analysis of Shareholding
Maduako Group Limited
- 16.79%
Capital Express Insurance Co.
Ltd - 16.67%
SPDC West Multipurpose Cooperative - 8.33%
Ugo (Dr) Obi Ralph Ekezie
- 6.17%
Mr. Eddie Efekoha - 5.23%
Other Nigerians Citizens & Asso. - 46.81%
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FIVE-YEAR FINANCIAL SUMMARY
RESULTS 2007 2006 2005 2004 2003
N‘000 N‘000 N‘000 N‘000 N‘000
Gross premium written 1,506,209 508,368 394,998 274,160 13,137
Net premium written 1,444,161 473,423 349,724 230,849 6,821
Premium earned 976,581 449,767 299,423 172,035 12,101
Profit/(loss) before
taxation 237,090 87,335 65,223 29,553 (17,111)
Profit/(loss) after taxation 230,007 56,871 52,966 24,666 (20,759)
Basic earnings/(loss) per
share (k) 3.83 4.27 18.34 10.00 (9)
BALANCE SHEET
Assets
Current Assets 993,636 332,952 369,637 231,694 158,979
Investments 1,476,105 723,096 191,975 37,658 36,564
Statutory deposits 300,000 20,000 20,000 20,000 20,000
Fixed assets 1,881,932 72,248 49,061 46,918 40,421
------------ ------------ ------------ ------------ -----------
Total assets 4,651,673 1,148,297 630,673 336,270 255,964
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Liabilities
Current Liabilities 196,568 58,947 60,330 16,165 10,098
Deferred tax 42,747 9,517 6,378 2,777 2,534
Insurance funds 675,711 179,098 131,795 74,188 24,858
Share capital 3,000,000 665,155 300,000 250,000 250,000
Share premium - - 2,370 250 250
Capital reserve 415,619 - - - -
Bonus issue reserves - 158,370 - - -
Revenue reserve 281,098 51,091 31,235 (7,109) (31,775)
Investments Revaluation reserve 15,120 1,307 2,165 - -
Assets revaluation reserve 24,811 24,811 - - -
Deposit for shares - - 96,400 - -
------------ ------------ ------------ ------------ -----------
Total liabilities 4,651,673 1,148,297 630,673 336,270 255,964
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