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RC No. 13215 - Frigoglass

RC No. 13215 - Frigoglass

RC No. 13215 - Frigoglass

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4<br />

Annual Report 2011 Beta Glass PLC<br />

Financial<br />

highlights<br />

Results at a glance<br />

Major balance sheet items<br />

Increase/<br />

2011 2010 (Decrease)<br />

N'000 N'000 %<br />

Share capital 249,986 249,986 -<br />

Furnace rebuild reserve 2,429,942 2,429,942 -<br />

General reserve 7,280,864 5,925,073 23<br />

Revaluation reserve 898,957 898,957 -<br />

Share premium 312,847 312,847 -<br />

Shareholders' funds 11,172,596 9,816,805 14<br />

Total assets 17,908,243 16,171,796 11<br />

Major profit and loss account items<br />

Turnover 12,726,227 11,168,096 14<br />

Profit before taxation 2,056,099 1,832,403 12<br />

Profit after taxation 1,545,780 1,472,444 5<br />

Information per 50 kobo ordinary share<br />

Basic earnings per share (Kobo) 309.17 294.51 5<br />

Net assets per share (Kobo) 22.35 19.63 14<br />

Stock Exchange quotation - 31 December (Naira) 12.71 15.58 (18)<br />

Market capitalization as at 31 December (N:Million) 6,355 7,790 (18)

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