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FINANCIALS | Result at a glance
   
RESULT AT A GLANCE FOR THE YEAR ENDED
30 SEPTEMBER 2007
 
     

Gross earnings and profit before tax of the Group increased by 68% and 103% respectively. Highlights of the Group’s operating results for the year under review are as follows:

 
2007   
2006    
   
N'000    
N'000    
  Gross Earning
74,936,710    
44,689,775    
 
  Profit/(Loss) before Tax
23,007,153   
11,360,477    
 
  Taxation
(5,469,912)    
(2,061,055)    
 
  Profit After Tax
17,537,241    
9,299,422    
 
  Minority Interest
(4,764)   
764   
 
  Profit attributable to the Group
17,532,477   
9,300,186   
 
  Appropriations
 
  Transfer to Statutory Reserve
2,570,113    
1,769,113    
 
  Transfer To SME Reserve
856,704    
589,705    
 
  Bonus issue
-    
1,164,201    
 
  Transfer to Contingency Reserve
26,591    
1,931    
 
  Transfer to Retained Earnings Reserve
14,079,069    
4,310,523    
 
   
17,532,477     
9,300,186    
 
  Earnings per share (Basic)
150.60k    
102.63k    
 
  Dividend per share (Basic)
102k    
42k    
 
 
 
 
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