|
1. Head Office:
22, Musa Yar’ Adua Street,
P. O. Box
73004,
Victoria Island, Lagos.
Tel: 234-01-2611433, 2612786
Fax: 234-01-2618604, 2619624
Factory
Km 38, Lagos-Abeokuta
Road
Sango Otta, Ogun
State
Tel: 234-039-722229 - 30, 722162 - 3, 234-01-7733590
2. Nature of Business:
Manufacturing and Sale
of Drums, Crowncaps, Pilfer-Proof
Caps, Containers, Metal Printing, Inks, Colorants, Pigment
Pastes etc
3. Date of Incorporation:
7th December, 1977
4. Date Listed on The Exchange:
12th January, 1994
5. NSE Classification:
Packaging
6. Board of Directors:
Alhaji M. Lawal Sambo - (Chairman)
Mr. Sushil R.
Ramchandani (MD/CEO)
Mr. Naraindas P. Kirpalani
Mrs. Annie O. Lasode
Mr. Sanjay N.
Kirpalani
Mr. S. K. Batra
Mr. O. B. Lasode (Alternate)
7. Company Secretary:
Lennap Services Limited
Tapa House, 3/5
Imam Dauda Street,
Off Eric
Moore Road,
Surulere, Lagos.
|
8. Auditors:
PKF-Pannell Kerr Forster
(Chartered Accountants)
Tapa House, (2nd Floor),
3/5, Imam
Dauda Street,
Off Eric
Moore Road,
Surulere, Lagos.
9. Company Registrars:
NIDB Trustees Limited
10, Amodu
Ojikutu Street
Victoria Island, Lagos.
10. Subsidiaries/Associates:
Fine Chemicals
Nigeria Limited
Globe Packaging Industries Ltd.
11. End of Accounting Year
31st March
12. Number of Employees
756
13.Capital Structure
i. Authorised: N500,000,000.00
ii. Paid-Up N341,987,000.00
14. Analysis of Shareholding
Foreign -
78.64%
Nigerian Citizens & Associations - 21.36%
|
|
FIVE-YEAR FINANCIAL SUMMARY
ASSETS
EMPLOYED 2008 2007 2006 2005 2004
N‘000 N‘000 N‘000 N‘000 N‘000
Fixed Assets 1,319,368 1,386,347 1,209,265 1,003,805 890,775
Investments 2,000 2,000 2,000 2,000 2,000
Deferred Expenses - - - - 12,963
Current Assets 4,183,542 2,742,834 2,682,673 3,651,481 2,347,305
————— ———— ——— ——— -----------
5,504,910 4,131,181 3,893,938 4,657,286 3,251,043
Liabilities (3,347,114) (2,344,631) (2,367,570) (3,190,911) (1,963,879)
————— ————— ———— ———
2,157,796 1,786,550 1,526,368 1,466,375 1,287,164
Deferred taxation (239,175) (241,641) (173,778) (138,659) (92,744)
Loans (204,558) (24,958) (5,280) (81,623) -
----------- ------------ ------------ ------------ ----------
1,714,063 1,519,951 1,347,310 1,246,093 1,194,420
====== ====== ====== ====== ======
FINANCED BY:
Share Capital 341,987 284,989 284,989 284,989 284,989
Share Premium 285,607 285,607 285,607 285,607 285,607
Bonus Issue reserve - 56,998 - - -
Revaluation Reserve 191,535 191,535 191,535 191,535 191,535
Profit and Loss Account 710,639 516,527 400,884 299,667 247,994
----------- ------------ ------------ ------------ ----------
1,529,768 1,335,656 1,163,015 1,061,798 1,010,125
Debenture Stock Redemption
Res. 184,295 184,295 184,295 184,295 184,295
----------- ------------ ------------ ------------ ----------
1,714,063 1,519,951 1,347,310 1,246,093 1,194,420
======= ======= ======= ======= =======
Turnover 6,905,127 6,178,227 6,155,214 5,153,412 4,507,887
======= ======= ======= ======= =======
Profit Before Tax 329,401 275,558 225,444 202,059 141,120
Taxation (78,291) (102,917) (67,229) (99,088) (76,059)
Profit After Tax 251,110 172,641 158,215 102,971 65,061
Dividend - 56,998 56,998 51,298 45,598
Dividend per Ordinary Shares
(k) - 10 10 9 8
Earnings per ordinary shares
(k) 41 30 28 18 11
NOTE:
The earnings (profit after
taxation) and dividend per share for each year have been calculated on the
issued ordinary shares as at 31st March, 2008 i.e. 612,960,780
ordinary shares of 50 kobo each.
|
