|
1. Head Office:
Iddo House,
Iddo,
P. O. Box 159,
Lagos.
Tel: 234-01-7740844, 7747602, 7748339
Fax: 234-01-7748073
2. Nature of Business:
Manufacturing and Sale
of Bottles and Glassware
3. Date of Incorporation:
26th June, 1974
4. Date Listed on The Exchange:
17th February, 1986
5. NSE Classification:
Packaging
6. Board of Directors:
Chief (Dr.) Christopher O. Ogunbanjo, CON - (Chairman)
John Okafor Ihonor, JP - (Vice Chairman)
Evangelos Apostolakopoulos (MD/CEO)
(Bashorun) Adebisi Ali Adesanya
Kolapo A. Lawson
Anastasios P. Leventis, OFR, CBE
Haralambos K. Leventis
Petros Diamandides
Cletus Nkem Nwaodua
Justus C. Uranta
7. Company Secretary:
Mrs. Temidayo Olaofe
8. Auditors:
PricewaterhouseCoopers
(Chartered Accountants)
252E, Muri
Okunola Street,
Victoria Island,
P. O. Box
2419, Lagos Nigeria
Tel: 234-01-2711700, 2703101
Fax: 234-01-2703109
E-mail: enquiry@ng.pwc.com
|
9. Company Registrars:
First Inland Registrars Limited
16, Amodu
Ojikutu Street,
Off Bishop
Oluwole Street
Victoria Island, Lagos.
Tel: 234-01-2620208-9
10. Subsidiaries/Associates:
None
11. End of Accounting Year
31st December.
12. Number of Employees
606
13. Capital Structure
i. Authorised: N250,000,000
ii. Paid-Up N227,260,000
14. Analysis of Shareholding
Frigoglass Industries (Nig) Ltd - 60.05%
Delta Invest Holdings Ltd -
8.17%
Delta
State Min. of Finance
Inc - 8.45%
Others -
23.33%
|
|
FIVE-YEAR FINANCIAL SUMMARY
ASSETS
EMPLOYED 2006 2005 2004 2003 2002
N‘000 N‘000 N‘000 N‘000 N‘000
Fixed Assets 6,821.805 4,568,795 2,026,362 1,972,188 1,967,552
Net current liabilities (1,317,056) (1,745,541) (705,625) (707,514) (1,189,270)
Staff gratuity (831,125) (684,812) (737,444) (533,979) (399,952)
———— ———— ———— ———— ————
5,366,979 5,031,343 4,926,248 4,763,651 4,046,146
====== ====== ===== ===== =====
CAPITAL EMPLOYED
Share capital 227,260 227,260 227,260 227,260 227,260
Share Premium 312,847 312,847 312,847 312,847 312,847
Revaluation reserve 1,072,750 1,072,750 1,186,309 1,186,309 783,289
Furnace rebuild reserve 2,429,942 2,429,942 2,429,942 2,429,942 2,271,942
Debenture Revenue reserve 1,324,180 988,544 769,890 607,293 450,808
———— ———— ———— ———— ————
Shareholders’ funds 5,366,979 5,031,343 4,926,248 4,763,651 4,046,146
====== ====== ===== ===== =====
PROFIT AND LOSS
Turnover 5,271,548 4,822,876 6,053,265 5,260,632 4,902,451
======= ======= ====== ====== ======
Profit before taxation 493,974 147,928 224,113 779,369 1,010,922
Taxation (122,886) 70,726 (61,516) (237,624) (296,737)
———— ———— ———— ———— ————
Profit after taxation 381,088 218,654 162,597 541,745 714,185
Ordinary shares dividend (45,452) - - (227,260) (227,260)
====== ====== ===== ===== =====
PER SHARE DATA
Earnings per share (kobo) 84 48 36 119 157
Dividend per share (kobo) 10 - - 50 50
======= ======= ====== ====== ======
NOTE:
Earnings and dividend per
share are based on profit after taxation and issued and fully paid ordinary
shares at the end of each year.
|
