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

MAIN BOARD
UPDC REAL ESTATE INVESTMENT TRUST CONSTRUCTION/REAL ESTATE

Head Office FINANCIAL POSITION SUMMARY
Fund Manager FSDH Asset
Management Limited, 8th Floor 1/5
Odunlami Street, Lagos Island, Lagos 2016 2015
------------------------------------------------- N'000 N'000
Telephone:
(01) 2704884-5 Total liabilities 1,138,875 1,926,864
------------------------------------------------- Total Assets 31,990,626 32,974,170
NSE Classification:
Real Estate Investment Trust (REIT) Net Assets Attributable to Unit holders 30,851,751 31,047,306
-------------------------------------------------
Directors of The Fund Manager:
Mr. Rilwan Bello-osagie (Chairman)
Mrs. Olumayowa Ogunwemimo –
Managing Director
Mrs. Hamda A. Ambah – Director
Mrs. Morohunke Bammeke – Director INCOME STATEMENT SUMMARY
Mrs. Folashade Ogunde – Director
-------------------------------------------------
Auditors:
PricewaterhouseCoopers (Chartered 2016 2015
Accountants) N'000 N'000
Landmark Towers, 5B Water
Corporation Drive, Victoria Island, Income from Investment Property 1,104,033 1,605,526
Lagos
Telephone: (01) 2711700 Profit Before Tax 1,512,139 3,072,101
------------------------------------------------- Taxation (82,575)
Fund Registrars: Profit After Tax 1,512,139 2,989,526
First Registrars Nigeria Limited
Plot 2 Abebe Village Road, Iganmu,
Lagos Earnings per unit (Basic & Diluted) [Naira] 0.57 1.12
Telephone: (01) 773086

2017/2018 NSE FACTBOOK

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