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)