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TPCC Annual Report 2008.indd - HeidelbergCement

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Financial highlights<br />

Figures in TZS’ 1000 2004 2005 2006 2007 2008<br />

Number of employees (yearly average) 288 304 304 312 322<br />

Revenue 55,157,190 69,038,626 80,203,239 119,764,889 148,709,578<br />

Operating income before depreciations 12,948,082 23,579,136 31,019,963 48,560,995 56,066,716<br />

Operating income 11,340,964 20,997,595 28,251,077 45,240,284 53,159,844<br />

Profit/loss for the financial year 8,920,520 15,628,386 19,500,037 30,111,586 34,962,320<br />

Earnings per share (TZS) 49.58 86.86 108.38 167.36 194.32<br />

Dividend per share (TZS) 1) 10.00 17.37 28.00 43.00 70.00<br />

1) For 2008 proposed dividend<br />

Total investments in fixed assets 14,894,729 3,027,141 5,394,417 34,475,634 65,273,645<br />

Depreciation and amortisation -1,607,118 -2,581,541 -2,768,886 -2,906,872 -3,320,711<br />

Non-current assets 26,529,187 27,018,688 29,416,448 60,200,945 122,152,602<br />

Current assets 16,588,481 25,008,753 39,422,383 42,765,801 46,513,380<br />

Equity 23,612,855 37,441,143 53,816,493 78,890,233 106,115,859<br />

Non-current liabilities 6,016,637 8,266,189 8,291,583 7,234,509 11,165,759<br />

Current liabilities 13,488,176 6,320,109 6,730,754 16,842,004 51,384,363<br />

Balance sheet total 43,117,668 52,027,442 68,838,831 102,966,746 168,665,982<br />

Memo items:<br />

- Average exchange rate TZS/USD 1,089 1,130 1,253 1,245 1,193<br />

- Closing exchange rate TZS/USD 1,043 1,166 1,262 1,132 1,280<br />

TZS per share<br />

Evolution of the Tanzania Portland Cement Company share price in 2008<br />

2000<br />

1800<br />

1600<br />

1400<br />

1200<br />

1000<br />

Jan<br />

Feb<br />

Share price<br />

Mar<br />

Apr<br />

May<br />

Jun<br />

Turnover<br />

Jul<br />

Aug<br />

Sep<br />

Oct<br />

Nov<br />

Dec<br />

1000<br />

800<br />

600<br />

400<br />

200<br />

0<br />

Million TZS

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