THE NIGERIAN STOCK EXCHANGE FACTBOOK 2008

 

Published Under the Authority

 of the Council of:

 

THE NIGERIAN STOCK EXCHANGE

STOCK EXCHANGE HOUSE

  2/4 Customs Street,

P.O. Box 2457, Lagos

 Telephone: 234-01-2660287, 2660305, 2660335, 2669978, 2661293

   Telex 23567 STEX.NG

Fax: 234-01-2668281, 2668724

E-mail: nse@nigerianstockexchange.biz

Website:www.nigerianstockexchange.com

 

 

BRANCHES:

Abuja (Area Office)

Kaduna

Port Harcourt

Kano

Onitsha

Ibadan

Yola

Benin

Ilorin

Uyo

 

EDITORIAL BOARD

Prof. Ndi Okereke-Onyiuke, PhD, OON (Chairman)

Mr. Kene Okafor (Editor)

Mr. Farooq Oreagba (Editor)

Mr. Arize Nwobu (Deputy Editor)

  

Copyright:

The Nigerian  Stock Exchange

ISBN 978 0262 - 1 - 6

 

Design/Typesetting by: Management Information Technology Department of The Nigerian Stock Exchange, 2/4 Customs Street, Lagos.

 

Produced by:

Pathway Communications Ltd.,

5/6, Adekunle Odunlami Crescent,

Next to AfriBank Estate,

Ilupeju - Lagos.

Nigeria.

Tel: 01-7911733

 

FACTBOOK 2008

 

 

 

LONGMAN NIGERIA PLC

 

 

1.       Head Office:

  52, Oba Akran Avenue,

  P. M. B. 21036,

  Ikeja Industrial Estate,

  Ikeja, Lagos State

  Tel: 234-01-4978925-9

  Fax: 234-01-4964370

  E-mail: info@longmannigeria.com

  Website: www.longmannigeria.com

 

2.       Nature of Business:

Publishing, Distributing and Marketing of High Quality Educational, Professional, Reference and General Books.

 

3.       Date of Incorporation:

  10th August, 1961

 

4.       Date Listed on The Exchange:

  23rd, July, 1996

 

5.       NSE Classification:

  Publishing

 

6.       Board of Directors:

  Chief E. I. Ijewere (Chairman)

  Mr. D. N. Obidiegwu (D/CEO)

  Mr. J. A. Olowoniyi

  Mrs. A. O. Afolabi

  Mrs. F. A. Shinkaiye

  Mr. D. Cameron

  Mr. K. Roberts

  Mr. M. Mermagen

  Prof. M. K. Abubakar

  Mr. S. J. W. Terndrup

  Mrs. C. Ozden

 

 

 

7.       Company Secretaries:

  DTT Services Limited

  (Corporate Secretaries)

  235, Ikorodu Road

  P. O. Box 965, Lagos.

 

8.       Auditors:

  Akintola Williams Deloitte

  (Chartered Accountants),

  235, Ikorodu Road,

  P. O. Box 965, Lagos.

 

9.       Company Registrars:

  First Registrars Nigeria Limited

  Plot 2, Abebe Village Road,

  Iganmu, P.M.B. 12692, Lagos.

 

10.     End of Accounting Year

  31st December

 

11.     Number of Employees:

  435

 

12.     Capital Structure

  i.Authorised:        N200,000,000.00

  ii.Paid-Up            N  88,200,000.00

 

13.     Analysis of Shareholding:

  Nigerian Citizens & Associations - 71,43%

  Foreign Partners                     - 28.57%

 

 

FIVE-YEAR FINANCIAL SUMMARY

 

                                                         2007          2006          2005          2004          2003

                                                        N‘000         N‘000         N‘000         N‘000         N‘000

ASSETS EMPLOYED:

 

Fixed Assets                                   238,538      210,837      189,372      152,677      168,507

Net Current Asset                             634,756      408,608      265,838      195,937      144,573

                                                    _______      _______      _______      _______      _______

                                                     873,294      619,445      455,210      348,614      313,080

Deferred Taxation                            (39,817)                -       (4,747)      (22,814)      (17,876)

Provision for Liabilities & Charges     (72,059)      (64,262)      (54,930)      (13,360)      (28,088)   

                                                    _______      _______      _______      _______      _______

                                                     761,417      555,184      395,533      312,440      267,116

                                                   =======    =======    =======    =======    =======

 

FINANCED BY:                                          

Share Capital                                    88,200        88,200        73,500        73,500        73,500

Reserves                                        673,217      466,984      307,333      238,940      193,616

Bonus Issue Reserve                                  -                -        14,700                -                -

                                                    _______      _______      _______      _______      _______

Shareholders’ Funds                         761,417      555,184      395,533      312,440      267,116

                                                     ======      ======      ======      ======      ======

                                                              

PROFIT & LOSS ACCOUNT:

Turnover                                      2,314,644    1,743,874    1,304,641    1,051,917      795,971

                                                 ========  ========      ======      ======      ======

Profit Before Taxation                      458,815      283,561      173,399      111,894        51,964

Taxation                                       (182,022)      (79,810)      (53,556)      (48,930)      (19,362)

Profit After Taxation                         276,793      203,751      119,843        62,964        32,602

                                                   =======    =======    =======    =======      ======

Dividends                                                 -        70,560        44,100        36,750        17,640

                                                   =======    =======    =======    =======      ======

 

Per share Data (Kobo)                                                

Earnings-Basic                                      157            116              82              43              22

Dividend                                                  -              40              30              25              12

Net Asset                                             432            312            239            188            170

 

NOTE:

Earnings and dividend per share are based on the profit after tax and the number of ordinary shares in issue at the end of each financial year. Net assets per share are based on the net assets and issued and fully paid ordinary shares at the end of each financial year.

 

 

 

Important Note:

While every effort is made to ensure accuracy, no responsibility is accepted for any error, which may occur in this book.

Home | The Stock Exchange| Quoted Companies | Issuing Houses | The Registrars

© Nigerian Stock Exchange

All Rights Reserved