|
Result at a
glance, 2000
|
|
2000 |
1999 |
Percentage increase/decrease |
|
|
N’000 |
N’000 |
% |
|
Gross premium |
732, 738 |
526,105 |
39 |
|
Premium earned (net of reinsurances) |
642,570 |
448,785 |
43 |
|
Investment and other income |
262,313 |
181,071 |
45 |
|
Profit before taxation |
113,214 |
80,232 |
41 |
|
Profit after taxation |
100,700 |
71,664 |
41 |
|
Dividend |
72,000 |
35,000 |
106 |
|
Transfer to contingency reserve |
13776 |
11,414 |
21 |
|
Retained profit for the year |
18,017 |
27,519 |
(34) |
|
Share capital |
200,000 |
100,000 |
100 |
|
Net total assets |
1,526,780 |
1,238,982 |
23 |
|
Shareholders’ fund |
770,006 |
738,212 |
4 |
| |
|
|
|
| |
|
|
|
|
Per share data: |
|
|
|
|
Earnings per 50k share |
25.18k |
17.92k |
|
|
Dividend per 50k share |
18.00k |
8.75k |
|
|
Net assets per share |
N3.82 |
N3.10 |
|
|
Dividend cover (Times) |
1.40 |
2.05 |
|
|
Price earnings ratio |
20.41 |
16.74 |
|
|
Stock exchange quotation at 31st December |
514k |
300k |
|
|