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Company Background |
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Mission Objective |
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Corporate Vision |
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Management Profile |
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Corporate Information |
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Facts & Figures |
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Company Locations |
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Download Annual Accounts 2004 |
| Facts & Figures | ||
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| Balance Sheet | ||||||||||
| For the Period |
2000
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2001
|
2002
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2003 |
2004
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| Reporting Period (Months) |
12
|
12
|
12
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12
|
12
|
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| Issued, subs, & Paid-up Capital |
220.00
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220.00
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220.00
|
220.00 |
220.00
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| Reserve & Retained Earning |
133.04
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139.87
|
72.57
|
138.28 |
72.58
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| Reserve for Issuance Bonus Shares |
--
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--
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--
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-- |
33.00
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Total
Equity
|
344.24
|
359.87
|
292.57
|
292.57
|
325.58
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| For the Period |
2000
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2001
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2002
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2003
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2004
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| Reporting Period (Months) |
12
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12
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12
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12
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12
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| Redeemable Capital |
336.02
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336.53
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501.25
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484.21
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598.83
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| L.T. Certificate of Investment |
781.85
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922.09
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949.39
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499.94
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316.48
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| L.T. Deposit Against Lease |
154.77
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234.72
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207.08
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296.91
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455.69
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| Deferred Liabilities |
--
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--
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--
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47.01
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47.58
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| S.T. Loan, Current Maturities & Running Finance |
196.39
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219.76
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115.00
|
570.5
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896.670
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| S.T Certificate of Investment |
320.55
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554.35
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276.15
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443.50
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1,018.99
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| Other Current Liabilities |
301.84
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353.26
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465.69
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169.44
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86.54
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Total
Current Liabilities
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1,067.44
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1,127.37
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856.84
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1,183.44
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2,002.20
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Total
Liabilities
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2,341.75
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2,620.71
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2,514.56
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2,511.51
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3,420.78
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| For the Period |
2000
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2001
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2002
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2003
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2004
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| Reporting Period (Months) |
12
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12
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12
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12
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12
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| Tangible Fixed Assets |
43.24
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53.50
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46.38
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38.54
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42.13
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| Net Investment in Lease Finance |
1,087.80
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1,197.62
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969.09
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1,131.54
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1,514.97 |
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| Long Term Investment |
17.45
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60.64
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--
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--
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--
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| Other Long Term Assets |
6.48
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3.06
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0.22
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0.16
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20.71
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| Cash & Bank Balances |
20.64
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108.12
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223.15
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312.52
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107.41
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| Short term Finance |
61.51
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50.18
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404.55
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216.82
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342.93
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| Investments |
366.73
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489.38
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214.61
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167.82
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183.19
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| Current Portion of Lease Finance |
736.12
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914.34
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805.94
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788.09
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1018.57
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| Current Portion of Long Term Loan |
--
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--
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--
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0.08
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13.73
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| Other Current Assets |
104.50
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103.78
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143.18
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168.48
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502.72
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Total
Current Assets
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1,289.50
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1,665.76
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1,791.43
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1,653.81
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2,168.55
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Total
Assets
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2,444.46
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2,980.60
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2,807.12
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2,824.05
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3,746.35
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| Income Statement | ||||||||||
| For the Period |
2000
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2001
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2002
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2003
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2004
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| Reporting Period (Months) |
12
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12
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12
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12
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12
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| Lease Income |
324.04
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292.90
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281.62
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208.50
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217.79
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| Mark-Up Income |
66.23
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78.26
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97.41
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94.79
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47.58
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| Capital Gain on Investment |
7.84
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0.48
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0.00
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30.70
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30.16
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| Non Interest Income |
1.03
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4.82
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6.31
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1.92
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6.35
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| Unrealized gain in market value |
0.00
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0.00 |
1.92 |
13.93
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-- |
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| Other Income |
1.75
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9.40
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5.19
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5.14
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8.37
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Total
Income
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407.41
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385.38
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392.44
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354.98
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310.25
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| Operating Expenses |
43.17
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48.28
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45.90
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52.61
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63.05
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| Financial Expenses |
295.94
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305.64
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327.00
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228.78
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144.68
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| Prov. for Pot. Lease Losses/Loan |
6.70
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(11.00)
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2.10
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7.04
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34.33
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| Prov. for Dimm. in value of Invst. |
8.30
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0.52
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--
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--
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--
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| Profit Before Taxation |
47.30
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39.36
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17.44
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66.55
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68.19
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| Taxation |
11.00
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5.00
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3.74
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36.36
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6.10
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Net
Profit
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36.30
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34.36
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13.70
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30.19
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62.09
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| Financial Highlights | ||||||||||
| For the Period |
|
2000
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2001
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2002
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2003
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2004
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| Reporting Period (Months) |
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12
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12
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12
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12
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12
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Authorised
Capital
|
400
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400
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400
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400
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400
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Paid
up Capital
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220
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220
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220
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220
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220
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Reserve
for Issuance of Bonus
|
--
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--
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--
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--
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33
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Other
Reserves & Un-appropriated profit
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133
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140
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73
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92.54
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72.58
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Net
Investment in Leases
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1,824
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2,112
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1,775
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1,989.83
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2,638.79
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Income
from Leasing Operations
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325
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299
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282
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209
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218
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Profit
before taxation
|
47
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39
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18
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67
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68
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Dividends
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12.5%
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12.5%
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--
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7.5%
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10%
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Bonus
Shares
|
--
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--
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--
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--
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15% |
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Total
Assets
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2,444
|
2,981
|
2,807
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2,824
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3,746
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Return
on Equity
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10.28%
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9.55%
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4.68%
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9.66%
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19.07%
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Breakup
Value of Share
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16.05
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16.36
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13.30
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14.20
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14.80
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Earning
per shares
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1.65
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1.56
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0.62
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1.37
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2.82
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