| Group Value Added Statement |
| |
| For the year ended 31st December 2005 |
| |
|
Group |
Company |
| |
2005 |
2004 |
2005 |
2004 |
| |
N'million |
% |
N'million |
% |
N'million |
% |
N'million |
% |
| Sales of products and services |
27,118.7 |
|
25,116.4 |
|
16,982.7 |
|
17,375.0 |
|
| Share of associated companies profit |
560.2 |
|
352.4 |
|
560.2 |
|
352.4 |
|
| Cost of materials and services |
(20,980.8) |
|
(18,937.4) |
|
(12,316.1) |
|
(12,465.4) |
|
Value Added |
______
6,698.1 |
___
100 |
______
6,531.4 |
___
100 |
______
5,226.8 |
___
100 |
______
5,262.0 |
___
100 |
| Used as follows: |
|
|
|
|
|
|
|
|
| 1. To pay employees |
2,167.8 |
32.3 |
1,956.6 |
30.0 |
1,608.6 |
30.7 |
1,441.7 |
27.4 |
| 2. To pay taxes |
915.6 |
13.7 |
768.6 |
11.8 |
533.4 |
10.2 |
601.9 |
11.4 |
| 3. To pay net interest charges |
318.9 |
4.8 |
854.7 |
13.0 |
212.3 |
4.1 |
609.3 |
11.6 |
| 4. Depreciation of fixed assets |
1,486.5 |
22.1 |
1,301.3 |
19.9 |
1,907.3 |
21.0 |
1,010.5 |
19.2 |
| 5. Transfer to minority interests |
179.4 |
2.7 |
80.0 |
1.2 |
- |
- |
- |
- |
| 6. To pay dividend |
1,284.6 |
19.2 |
971.0 |
14.9 |
1,284.6 |
24.6 |
971.0 |
18.5 |
| 7. Future investment in the group |
345.3 |
5.2 |
599.2 |
9.2 |
490.9 |
9.4 |
627.6 |
11.9 |
| |
______
6,698.1 |
___
100 |
______
6,531.4 |
___
100 |
______
5,226.8 |
___
100 |
______
5,262.0 |
___
100 |
|
| |
|
