Page 111 - 2017-2018 NSE FACTBOOK.cdr

2017/2018 NSE FACT BOOK 2017/2018 NSE FACT BOOK
The Performance Documentary of Listed Nigerian Companies The Performance Documentary of Listed Nigerian Companies

MAIN BOARD MAIN BOARD
CONTINENTAL REINSURANCE PLC FINANCIAL SERVICES CORNERSTONE INSURANCE PLC FINANCIAL SERVICES

HEAD OFFICE: CONSOLIDATED STATEMENT OF FINANCIAL POSITION HEAD: CONSOLIDATED STATEMENT OF FINANCIAL POSITION
8th Floor, St. Nicholas House, 6 Cornerstone Complex, 21, Water
Catholic Mission Street, Lagos Island, Corporation Drive, Off Ligali Ayorinde
Lagos. 2017 2016 2015 2014 2013 Street, Victoria Island 2016 2015 2014 2013 2012
-------------------------------------------------- N'000 N'000 N'000 N'000 N'000 -------------------------------------------------- N'000 N'000 N'000 N'000 N'000
TELEPHONE: TELEPHONE:
(+234) 1 4622779; 8732624 Property, plant and equipment 2,488,615 1,311,956 1,127,498 726,717 611,628 01-0126332863, 2806500, 2630722, Cash and cash equivalents 2,557,153 3,687,778 3,425,849 3,715,242 2,931,876
-------------------------------------------------- Intangibles 20,168 7,067 0 1,214 9,667 2631832 Financial assets 7,370,257 6,527,604 6,490,566 4,580,031 3,530,347
EMAIL: Inventories - - - - - -------------------------------------------------- Trade Receivables 73,224 - 31,600 56,613 551,199
info@continental-re.com EMAIL:
-------------------------------------------------- Receivables 9,922,255 10,548,242 7,258,399 6,743,336 6,292,066 enquiries@cornerstone.com.ng Receivables and prepayment 391,309 452,635 334,157 496,909 618,764
WEBSITE: Cash and bank balances 9,079,093 9,346,513 7,702,575 4,844,323 5,673,748 -------------------------------------------------- Other assets - 290,138 - 2,131 -
www.continental-re.com Total Assets 43,134,490 40,251,676 29,668,730 28,207,644 26,125,410 WEBSITE: Reinsurance assets 2,224,827 1,497,638 1,701,296 2,221,541 1,475,611
-------------------------------------------------- www.cornerstone.com.ng Deffered acquisition cost 206,629 197,082 227,131 245,488 132,208
ISSUED SHARE CAPITAL: --------------------------------------------------
10,372,744,312 ordinary shares of 50 Current liabilities 21,673,060 19,345,591 14,058,631 13,367,151 10,476,156 ISSUED SHARE CAPITAL: Finance lease receivables
kobo each -N5,186,372,000 Non-current liabilities 684,388 1,177,663 72,908 64,113 1,363,761 14, 729,507,613 Investment in joint ventures 1,188,609 - - - -
-------------------------------------------------- Total Liabilities 22,357,448 20,523,254 14,131,539 13,431,264 11,839,917 -------------------------------------------------- investment in subsidiaries 2,954,748 2,954,748 - 59,879 59,879
DATE OF INCORPORATION: DATE OF INCORPORATION:
24 July 1985 Share capital 5,186,372 5,186,372 5,186,372 5,186,372 5,186,372 26 July 1991 Investment properties 816,994 1,303,680 1,288,680 1,275,780
-------------------------------------------------- Share premium 3,915,451 3,915,451 3,915,451 3,915,451 3,915,451 -------------------------------------------------- Property, plant and equipment 806,082 770,413 673,562 598,856 555,907
DATE LISTED ON THE EXCHANGE: Retained earnings 3,775,255 2,874,421 1,820,765 1,714,433 2,420,096 DATE LISTED ON THE EXCHANGE: Intangible assets 76,620 36,245 31,027 26,333 40,186
30 May 2007 13 August 1997
-------------------------------------------------- Total Equity 20,777,042 19,728,422 15,537,191 14,776,380 14,285,493 -------------------------------------------------- Deffered tax assets 18,790 187,843 175,804 170,722 135,929
NSE SECTOR CLASSIFICATION: Total Liabilities and Equity 43,134,490 40,251,676 29,668,730 28,207,644 26,125,410 NSE CLASSIFICATION: Statutory deposits 500,000 500,000 500,000 500,000 500,000
Insurance Carriers, Brokers and Insurance Carriers, Brokers and Total Assets 18,368,248 17,919,118 14,894,672 13,962,425 11,807,686
Services Services
-------------------------------------------------- --------------------------------------------------
BOARD OF DIRECTORS: BOARD DIRECTORS:
Chief Ajibola Ogunshola Mr. Segun Adebanji Trade payables 452,649 331,222 319,482 518,337 176,670
Dr. Olufemi Oyetunji CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Mr. Ganiyu Musa Other payables 634,631 616,758 599,453 548,296 615,028
Mr. Lawrence M. Nazare Mr. Dominic Ichaba
(Zimbabwean) Mr. Steve Iwejora Finance lease Obligations - - - - 758
Mr. Foluso Laguda 2017 2016 2015 2014 2013 Mr. Ekwunife Okoli Income tax liabilities 302,091 246,725 87,199 90,268 73,932
Mrs. Ahlam Bennani (Moroccan) N'000 N'000 N'000 N'000 N'000 Ms. Elizabeth Amadiume Employees retirement benefits obligations 7,750 7,523 8,145 7,967 37,602
Mr. Paul Oje Kokoricha Mr. Anthony Egbuna
Mr. Steve Olisa Iwenjora Gross Premium 29,673,215 22,406,048 19,738,040 16,436,778 15,858,796 Mr. Tokunbo Bello Current liabilities 1,397,121 1,202,228 1,014,279 1,164,868 903,990
Mr. Ian Alvan Tofield (British) Profit before tax 3,570,285 4,651,687 2,915,593 1,587,969 2,233,394 Mr. Ayo Osunbunmi Investment contract liabilities 2,353,766 1,712,048 1,322,472 1,303,049 1,229,957
Mr. Emmanuel Brule (French) Taxation (1,099,994) (1,533,052) (772,805) (732,325) (479,994) -------------------------------------------------- Insurance contract liabilities 6,307,846 4,862,365 4,401,107 4,528,243 3,653,933
Mr. Stephen Murphy (South African) COMPANY SECRETARY: Non-current liabilities 8,661,612 6,574,413 5,723,579 5,831,292 4,883,890
-------------------------------------------------- Profit after tax 2,470,291 3,118,635 2,142,788 855,644 1,753,400 PAC Solicitors
COMPANY SECRETARY: Transfer to revenue reserve 2,011,761 2,529,772 1,513,311 490,609 1,206,623 Address: Ground/first Floor, Dicon Total Liabilities 10,058,733 7,776,641 6,737,858 6,996,160 5,787,880
Mrs. Abimbola A. Falana Towers, 16, Kofo Abayomi Street, Share capital 7,364,754 7,364,754 4,410,005 4,410,005 4,410,005
Address: 8th Floor, St. Nicholas Profit attributable to: Victoria Island, Lagos Share premium 1,947,166 1,947,166 1,947,166 1,947,166 1,947,166
House, 6 Catholic Mission Street, Email: info@pacsolicitors.com
Lagos Island, Lagos. Owners of the Company 2,484,413 5,243,748 1,764,699 711,109 2,087,373 Telephone: (+234) 08155449999, Treasury shares (48,175) (48,175) (48,175) (48,175) (48,175)
Email: aafalana@continental-re.com Non-controlling interest (343,422) 192,212 137,113 35,483 - 09099298887 Contingency reserve 1,735,400 1,519,802 1,348,770 1,148,801 975,978
Telephone: (+234) 708 999 8030 -------------------------------------------------- Retained earnings (2,689,630) (641,070) 499,048 (491,532) (1,265,168)
------------------------------------------------- AUDITORS
AUDITORS Pricewaterhousecoopers Earnings per 50k share [k] 27 28 19 8 8 KPMG Professional Services Total Equity 8,309,515 10,142,477 8,156,814 6,966,265 6,019,806
Address: Landmark Towers, 5b, Water Net assets per 50k share [k] 187 177 139 133 138 Address Kpmg Tower, Bishop Aboyade Total Liabilities and Equity 18,368,248 17,919,118 14,894,672 13,962,425 11,807,686
Corporation Road, Victoria Island, Cole, Victoria Island, Lagos.
Lagos. Email: confirmations@ng.kpmg.com
Email: olumide.olawale@pwc.com Telephone Number: 01-12718721
Telephone Number: (+234) 812 367 --------------------------------------------------
8494 COMPANY REGISTRARS: Lighthouse CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
-------------------------------------------------- Registrars
COMPANY REGISTRARS: Address: 2/4 Davies Street, Marina,
Pace Registrars Limited (formerly Lagos 2016 2015 2014 2013 2012
Sterling Registrars) Email: info@lighthousereg.com N'000 N'000 N'000 N'000 N'000
Address: 24, Campbell Street, Lagos. Telephone: (+234) 08087901770
Email: info@paceregistrar.com -------------------------------------------------- Gross Premium 8,389,950 7,331,633 5,211,966 5,313,223 4,619,959
Telephone Number: (+234)1- CAPITAL STRUCTURE: Profit before tax (1,516,213) (332,139) 1,390,165 940,615 399,654
2806987-8 Authorized: N 7,500,000,000
-------------------------------------------------- Paid Up: 14,729,507,613 Taxation (373,574) (203,374) (107,819) (8,756) 34,327
CAPITAL STRUCTURE: Profit after tax (1,889,787) (535,513) 1,282,346 931,859 433,981
Authorized: 25,000,000,000 ordinary
shares of 50 kobo each -
N12,500,000,000
Paid Up: 10,372,744,312 ordinary Profit attributable to:
shares of 50 kobo each - owners of the Company (1,889,787) (535,513) 1,190,549 - -
N5,186,372,000
2017/2018 NSE FACTBOOK Earnings per 50k share [k] (13) (4) 14 11 6 2017/2018 NSE FACTBOOK
Non-controlling interest

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