|
1. Head Office:
5A, Second
Avenue
Ikoyi, Lagos.
P. O. Box
5647,
Marina, Lagos.
Tel: 234-01-8981836, 8981842, 2691619, 2691657.
Fax: 234-01-2691612, 2691800;
E-mail: info@eternaplc.com
Website: www.eternaplc.com
2. Nature of Business:
Manufacturing
and Marketing of Lubricating Oils and Petrochemi cals, Sale of Fuels through its Retail Outlets, Third Party
Engineering/Technical Services for Companies in the Oil Industry.
3. Date of Incorporation:
Private Limited Company 13th January, 1989
Converted to a Public Limited Company in1997
4. Date Listed on The Exchange:
3rd August, 1998
5. NSE Classification:
Petroleum (Marketing)
6. Board of Directors:
Mr. Tajudeen Afolabi Adeola, FCA, OFR, mni, (Chairman)
Mr. Ibrahim Boyi (MD/CEO)
Mr. Ibrahim Dikko (DMD/COO)
Chief (Dr.) Michael Ade Ojo, OON
Alhaji Aliyu El-Nafaty
Rear Admiral Adetoye Sode (Rtd.) CON
Mr. Mahmud Tukur
7. Company Secretary:
Macaulay Ojieabu
|
8. Auditors:
PriceWaterHouseCoopers
(Chartered Accountants)
Plot 252E, Muri
Okunola Street,
Victoria Island, Lagos.
9. Company Registrars:
Wema Registrars Limited
A.
G. Leventis
Building
42/43, Marina,
Lagos.
10. Subsidiaries/Associates:
Eterna Industries Limited
Eterna Marine & Services Limited
11. End of Accounting Year
31st December.
12. Number of Employees
34
13.Capital Structure
i. Authorised: N375,000,000.00
ii. Paid-Up N325,000,000.00
14. Analysis of Shareholding
Nigerian Citizens 100%
|
|
FIVE-YEAR FINANCIAL SUMMARY
CAPITAL 2007 2006 2005 2004 2003
EMPLOYED: N‘000 N‘000 N‘000 N’000 N‘000
Share capital 325,000 250,000 250,000 120,000 120,000
Share premium 1,505,120 163,479 163,479 46,859 46,859
Deposit for shares - 202,738 - 87,809 -
Revaluation reserves 130,295 130,270 130,270 130,270 130,270
Minority interest 6 33 34 33 24
Accumulated (deficits)/surplus (775,505) (644,603) (667,941) (432,346) (254,421)
------------ ------------ ------------ ------------ ------------
Shareholders’ funds 1,184,916 101,917 (124,158) (47,375) 42,732
====== ====== ====== ====== ======
Property, plant and
equipment 543,320 310,595 338,396 327,883 361,546
Other non-current assets 171,267 120,996 119,669 552 -
Net current asset/(liabilities) 582,765 (303,431) (554,998) (350,676) (264,840)
Amount falling due after one
year (112,436) (26,243) (27,225) (25,134) (53,974)
-------------- ------------ ------------ ------------ ------------
Net (liabilities)/assets 1,184,916 101,917 (124,158) (47,375) 42,732
====== ====== ====== ====== ======
Net (liabilities)/assets per
share (k) 182 20 (25) (20) 18
====== ====== ====== ====== ======
Financial Performance
Turnover 4,907,540 3,512,201 1,417,582 180,244 500,893
-------------- ------------ ------------ ------------ ------------
Profit/(loss) before tax (169,458) 32,692 (229,668) (137,411) (476,881)
Tax expense 33,978 (9,355) (5,936) (26,923) (56,658)
Minority interest - 1 (1) 4 -
-------------- ------------ ------------ ------------ ------------
(135,480) 23,338 (235,605) (164,330) (533,539)
Profit/(Loss) for the year (21) 5 (47) (68) (222)
====== ====== ====== ====== ======
|
