FINANCIAL HIGHLIGHTS
For the year ended 31st December, 2007
|
2007 |
2006 |
|
|
N'000 |
N'000 |
% |
| Major profit & loss account items for the year ended |
| 31 December, 2007 |
|
|
|
| Short-term investment |
5,058,344 |
1,027,365 |
392 |
| Debtors and prepayments |
5,172,695 |
1,458,639 |
255 |
| Long-term investments |
11,385,623 |
5,075,694 |
124 |
| Investment properties |
6,576,038 |
3,377,707 |
95 |
| Fixed assets |
4,259,828 |
2,822,697 |
51 |
| Insurance funds |
2,949,556 |
2,633,225 |
12 |
| Deposit administration funds |
1,069,541 |
2,065,229 |
48 |
| Share capital |
5,880,677 |
1,730,161 |
240 |
| Shareholders' funds |
26,296,499 |
7,454,362 |
253 |
| Total assets |
34,042,984 |
14,750,743 |
131 |
|
|
|
|
| MAJOR PROFIT AND LOSS ACCOUNT ITEMS |
|
|
|
|
| Gross premium |
7,106,929 |
6,045,968 |
18 |
| Earned premium |
4,408,365 |
2,285,919 |
93 |
| Profit before taxation |
2,703,086 |
975,647 |
177 |
| Profit after taxation |
2,337,265 |
833,731 |
180 |
| Contigency reserve |
479,462 |
172,907 |
177 |
| |
|
|
|
| Number of ordinary shares of 50k issued PER N1 SHARE DATA ('000) |
11,761,354 |
3,460,324 |
240 |
|
|
|
|
| As at 31 December 2007: |
|
|
|
| Number of operational branches |
24 |
35 |
|
| Number of employees |
453 |
485 |
|
|
|
