Thread: Ashaka Cement
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Old 3rd April 2012, 11:28 AM
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Default Re: Ashaka Cement

Quote:
Originally Posted by Dicobody View Post
ASHAKACEM PLC
April 3, 2012
Audited Results (Dec. 31, 2011)

Profit and Loss Information
Turnover 31-12-11 N20.780b 31-12-10 N19.153b
Cost of Sales 11 (N12.874b) 10 (N11.916b)
Admin & Distribution Expenses 11 (N3.577b) 10 (N3.110b)
Other Income 11 N435.511m 10 N262.201m
Interest & Similar Charges 11 (N36.386m) 10 (N200.690m)
Profit before Tax 11 N4.763b 10 N4.389b
Taxation 11 (N1.190b) 10 (N1.384b)
Profit after Tax 11 N3.572b 10 N3.004b

Balance Sheet Information
Fixed Assets 31-12-11 N18.386b 31-12-10 N18.701b
Long term Investments 11 Nil 10 Nil
Stocks 11 N4.008b 10 N5.330b
Trade Debtors 11 N32.013m 10 N35.236m
Cash and Bank Balances 11 N10.682b 10 N3.191b
Other Debit Balances 11 N1.206b 10 N2.789b
Trade Creditors 11 N1.648b 10 N1.786b
Other Credit Balances 11 N13.667b 10 N10.192b
Working Capital 11 N5.159b 11 N1.639b 10
Net Assets 11 N19.047b 10 N16.146b

Corporate Actions
Proposed Dividend 40 kobo
Proposed Bonus Nil
Qualification Date 1st June 2012
Closure Date 4th - 8th June, 2012
AGM Date Yet to be advised
Payment Date Yet to be advised
AGM Venue Yet to be advised
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