Page 119 - 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

LASACO MAIN BOARD MAIN BOARD
ASSURANCE PLC LASACO ASSURANCE PLC FINANCIAL SERVICES LAW UNION & ROCK INSURANCE PLC FINANCIAL SERVICES

HEAD OFFICE: CONSOLIDATED STATEMENT OF FINANCIAL POSITION HEAD OFFICE: CONSOLIDATED STATEMENT OF FINANCIAL POSITION
Plot 16, Acme Road, Ogba, Ikeja, 14,hughes Avenue, Alagomeji, Yaba,
Lagos Lagos
-------------------------------------------------- 2017 2016 2015 2014 2013 -------------------------------------------------- 2017 2016 2015 2014 2013
TELEPHONE: N'000 N'000 N'000 N'000 N'000 TELEPHONE: N'000 N'000 N'000 N'000 N'000
(+234) 7000527226 +234 01-4540073-74; 01-4540082
-------------------------------------------------- Property, plant and equipment 869,351 569,572 479,301 515,716 565,349 -------------------------------------------------- Property, plant and equipment 776,463 757,799 681,293 708,827 659,199
EMAIL: Intangibles 4,981 6,923 9,526 7,823 - EMAIL: Intangibles 16,623 25,523 40,369 38,802 61,763
info@lasacoassurance.com Investment Properties 3,311,000 3,341,000 3,053,001 2,959,206 2,755,740 investor-relations@lawunioninsuran Other Assets 5,073,890 4,426,615 2,902,178 2,843,909 2,925,920
-------------------------------------------------- ce.com
WEBSITE: Receivables 2,626,851 2,843,356 1,895,340 3,059,872 3,879,154 -------------------------------------------------- Receivables 1,145,270 1,183,111 1,565,067 1,113,830 1,562,671
www.lasacoassurance.com Financial Assets 4,433,499 4,935,914 2,365,143 2,275,607 2,624,118 WEBSITE: Cash and bank balances 3,019,528 2,187,828 3,084,513 2,588,203 1,698,920
-------------------------------------------------- Statutory Deposit 500,000 500,000 500,000 500,000 500,000 www.lawunioninsurance.com Total Assets 10,031,774 8,580,876 8,273,420 7,293,571 6,908,473
ISSUED SHARE CAPITAL: Cash and bank balances 6,825,370 7,101,466 7,831,119 4,922,120 3,088,378 --------------------------------------------------
3,661,716,711 ISSUED SHARE CAPITAL:
-------------------------------------------------- Total Assets 18,571,052 19,298,231 16,133,430 14,240,344 13,412,739 4,296,330,500 Current liabilities 3,482,631 3,457,319 3,730,928 2,978,891 2,635,048
DATE OF INCORPORATION: -------------------------------------------------- Non-current liabilities 83,827 83,827 83,827 132,261 101,225
20 December 1979 Current liabilities 4,374,682 3,392,711 3,215,007 1,053,886 857,300 DATE OF INCORPORATION: Total Liabilities 3,566,458 3,541,146 3,814,755 3,111,152 2,736,273
-------------------------------------------------- 17 June 1969
DATE LISTED ON THE EXCHANGE: Non-current liabilities 6,040,044 7,566,386 6,339,627 6,768,365 6,679,520 -------------------------------------------------- Share capital 2,148,165 1,718,665 1,718,665 1,718,665 1,718,665
1991 Total Liabilities 10,414,726 10,959,097 9,554,634 7,822,251 7,536,820 DATE LISTED ON THE EXCHANGE: Share premium 1,477,073 1,363,034 1,363,034 1,363,034 1,363,034
-------------------------------------------------- Share capital 3,667,172 3,667,172 3,667,172 3,667,172 3,667,172 9 July 1990 Retained earnings 704,178 (24,388) (468,172) (633,348) (633,943)
NSE SECTOR CLASSIFICATION: --------------------------------------------------
Insurance Carriers, Brokers and Share premium 940,612 940,612 940,612 940,612 940,612 NSE SECTOR CLASSIFICATION: Other reserves 2,135,810 1,982,419 1,845,138 1,734,068 1,724,444
Services Contigency Reserve 1,426,722 1,271,833 1,100,190 990,404 858,608 Insurance Carriers, Brokers and Total Equity 6,465,226 5,039,730 4,458,665 4,182,419 4,172,200
-------------------------------------------------- Retained earnings 2,121,820 1,972,325 870,822 819,906 409,526 Services Total Liabilities and Equity 10,031,684 8,580,876 8,273,420 7,293,571 6,908,473
BOARD OF DIRECTORS: Total Equity 8,156,326 7,851,942 6,578,796 6,418,094 5,875,918 --------------------------------------------------
Mrs. Aderinola Disu (Chairman) BOARD OF DIRECTORS:
Mr. Akinola Odusami (Non-Executice Total Liabilities and Equity 18,571,052 18,811,039 16,133,430 14,240,345 13,412,738 Mr Remi Babalola - Board Chairman
Director) Mr Akinjide Orimolade - Managing
Otunba Akinsanya Doherty (Non- Director
Executive Director) Mr Olasupo Sogelola - Executive
Engr. Sani Ndanusa (Independent Director (Technical/Operations) CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Director) Mrs Funmi Ekundayo - Independent
Mr. Segun Balogun (Managing CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Director
Director) Ms Toyin Olusanya - Non-Executive 2017 2016 2015 2014 2013
Mr. Rilwan Oshinusi (Deputy Director N'000 N'000 N'000 N'000 N'000
Managing Director) 2017 2016 2015 2014 2013 Mr Obinna Onunkwo - Non Executive
Mr. Razzaq Abiodun (Executive N'000 N'000 N'000 N'000 N'000 Director Gross Premium 4,252,373 3,935,578 3,858,097 4,161,333 3,443,575
Director, Technical) Mr Ajibola Olayinka - Non-Executive Profit before tax 1,099,198 658,643 328,498 259,830 459,938
-------------------------------------------------- Gross Premium 6,673,652 6,041,590 5,102,097 5,633,596 4,965,328 Director Taxation (188,491) (96,792) (47,579) (134,395) 25,494
COMPANY SECRETARY: Profit before tax 854,273 1,142,880 404,113 525,856 412,807 Mr Folarin Familusi - Non- Executive
Mrs. Gertrude Olutekunbi Taxation 192,395 198,419 120,793 80,111 137,467 Director Profit after tax 910,707 561,851 280,919 125,435 485,432
Address: Plot 16, Acme Road, Ogba, Mrs Onome Adewuyi - Non-Executive Transfer to revenue reserve 182,141 118,067 115,743 124,840 103,307
Ikeja, Lagos Profit after tax 661,878 944,461 283,320 445,745 275,340 Director
Email: gertrudeolutekunbi@lasacoas Mr Kunle Aluko - Non-Executive
Profit attributable to:
surance.com Director
Telephone: (+234) 7031367509 Mr Seun Dawodu owners of the Company 728,566 443,784 165,176 595 382,125
Transfer to revenue reserve 320,167 171,643 109,786 131,796 111,553
-------------------------------------------------- -------------------------------------------------- Non-controlling interest - - - - -
AUDITORS COMPANY SECRETARY:
Doyin Owolabi & Co. Profit attributable to: Mr Stan Chikwendu
Address: 14, Falolu Street, Surulere, owners of the Company 661,878 944,461 283,320 445,745 275,340 Address: 14, Hughes Avenue, Earnings per 50k share [k] 21 16 8 4 14
Lagos Alagomeji, Yaba, Lagos Net assets per 50k share [k] 141 111 130 122 121
-------------------------------------------------- Email: investor-relations@lawunion
COMPANY REGISTRARS: Insurance.com
Apel Capital Registrars Limited Telephone: (+234) 1 454 0082
Address: 8, Bashorun Street, Off --------------------------------------------------
Net assets per 50k share [k] 1.94 2.17 1.76 1.8 1.71
Norman Williams Street, Ikoyi, Lagos AUDITORS
Email: registrars@apel.com.ng Deloitte & Touche
Telephone: (+234) (0) 704 612 6698 Address: Civic Towers, Plot Ga 1,
-------------------------------------------------- Ozumba Mbadiwe Avenue, Victoria
CAPITAL STRUCTURE: Island, Lagos
Authorized: 5,000,000,000 Telephone: (+234)19041700
Paid Up: 3,661,716,710.50 --------------------------------------------------
COMPANY REGISTRARS:
Cardinalstones Registrars Limited
Address: 358, Herbert Macaulay Way,
Yaba, Lagos
Email: registrars@cardinalstone.com
Telephone: (+234)17120090
--------------------------------------------------
CAPITAL STRUCTURE:
2017/2018 NSE FACTBOOK Paid Up: N2,148,165,250.00 2017/2018 NSE FACTBOOK
Authorized: N3,100,000,000.00

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