cutix plc cutix plc - Stanbic IBTC Stockbrokers

Jan 31, 2018 - Per Share Data: Earnings per share - Actual (kobo). 38. 30. 7.71. 25.69 .... To pay providers of Capital: Interest on facilities and finance charges.
693KB Sizes 38 Downloads 260 Views
CUTIX PLC

THIRD QUARTER ACCOUNTS FOR THE PERIOD ENDED 31 JANUARY 2018

Contents

Page

Corporate information

2

Result at a glance

3

Statement of Profit or Loss and other comprehensive income

4

Statement of financial position

5

Statement of cash flows

6

Statement of changes in equity

7

Statement of value added

8

Notes to the accounts

9 - 25

1

_______________________________________________________________________________________________________

CUTIX PLC

Third Quarter Accounts For the Period Ended 31 January 2018

CUTIX PLC

Corporate Information

Directors:

Dr. Okechukwu John Mbonu Mr. Ifeanyi F. Uzodike Mr. Ike G. Okonkwo Amb Odi Nwosu Barr. (Mrs) Ifeoma Nwahiri Arc. Mansur K. Ahmadu Engr. Olufemi K. Akintunde Barr. (Mrs) Ogechukwu Maduka

Registered Office:

17, Osita Onyejianya Street, Anuka, Otolo, Nnewi, Anambra State. www.cutixplc.com.ng

Postal Address:

P. M. B. 5040 Nnewi, Anambra State.

Company Secretary:

Mrs. Ijeoma Oduonye 17, Osita Onyejianya Street, Anuka, Otolo, Nnewi, Anambra State.

Registrars:

EDC Registrars, 154 Ikorodu Rood, Onikpan, Lagos.

Independent Auditors:

Alatta Nzewi Oyeka & Co., (Chartered Accountants) 1, Oyediran Street, Surulere, Lagos - Nigeria.

Bankers:

Access Bank Plc Diamond Bank Plc Ecobank Limited Guaranty Trust Bank Plc Union Bank of Nigeria Plc United Bank for Africa Plc Zenith Bank Plc

> >

Chairman Chief Executive Officer Retired 27/10/17

Appointed 27/10/17

2

_______________________________________________________________________________________________________

CUTIX PLC

Third Quarter Accounts For the Period Ended 31 January 2018

CUTIX PLC

Results at a Glance FOR THE PERIOD ENDED 31 JANUARY 2018

31-Jan-18 N'000

31-Jan-17 N'000

Increase / (Decrease) N'000

%

Total assets

2,451,807

2,179,057

272,750

12.52

Total liabilities

1,079,717

1,013,132

66,585

6.57

Net assets

1,372,090

1,165,925

206,165

17.68

Capital expenditure

196,654

19,987

176,667

883.91

Authorized share capital

564,198

564,198

-

-

Paid-up share capital

440,331

440,331

-

-

1,372,090

1,165,925

206,165

880,661

880,661

3,842,874

2,765,041

1,077,833

38.98

Profit before taxation

510,868

409,452

101,416

24.77

Taxation - Income tax

(178,804)

(143,308)

(35,496)

24.77

-

-

-

332,064

266,144

65,920

24.77

Earnings per share - Actual (kobo)

38

30

7.71

25.69

Earnings per share - Adjusted (kobo)

38

30

7.71

25.69

Total assets per share (kobo)

278

247

31

12.71

Share price at 31 January 2018 (Kobo)

228

158

70

44.30