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AUDITED FINANCIAL STATEMENTS

 

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER, 2006

The Board of Associated Bus Company Plc are pleased to announce the company's audited results for the year ended December 31,2008 as follows:
 
31-Dec-08
30-Dec-07
%
     
  N'000 N'000
Change
Turnover 3,956,800 3,29,649
24
     
Profit Before Tax 329,123 250,001
32
       
Taxation (162,002) (108,749)
49
       
Profit After Tax 167,121 141,252
18
     
Total Assets 3,300,820 2,977,895
11
       
Shareholder's Interest 1826,773 1,780,212
3
       
Proposed Dividend 150,700 120,560
25
       
Earnings Per 50K Share (kobo) 11.090 9.373
18.3
       
Dividend Per 50K Share (kobo) 10 8.00
25
       

Earnings and Dividend per share were based on the number of share in issue as at 31 December, 2008.