Ashaka Cement Annual Report 2012

Ad

Ad

Ad

Ad

Ad

Ad

Ad

Ad

Ad

Ad

Ad

Ad

ASHAKACEM PLCPAGE 2 • 2012 ANNUAL REPORT
MISSION
To be the preferred supplierto our customers.
To be the preferred employe...

Advertisement

2012 ANNUAL REPORT • PAGE 7ASHAKACEM PLC
1
trainings, as well as wider access
to knowledge through the Group’s
intranet an...

2012 ANNUAL REPORT • PAGE 9ASHAKACEM PLC
58countries
41,200employees
10,373revenues
in million euros
161production sites
3...

Advertisement

ASHAKACEM PLCPAGE 10 • 2012 ANNUAL REPORT
DIRECTORS
Alhaji Umaru Kwairanga - Chairman
Mr. John Stull - Vice Ch...

2012 ANNUAL REPORT • PAGE 11ASHAKACEM PLC
NOTICE IS HEREBY GIVEN THAT the 38th
Annual General Meeting of ASHAKACEM
PLCwill...

PAGE 12 • 2012 ANNUAL REPORT ASHAKACEM PLC
RESULTS AT A GLANCE
2012 2011 %
N’000 N’000 Change
Turnover 21,825,927...

2012 ANNUAL REPORT • PAGE 13ASHAKACEM PLC
CHAIRMAN’S STATEMENT
INFORMATION ON ASHAKACEM PLC
2
Distinguished shareholders, ...

PAGE 14 • 2012 ANNUAL REPORT ASHAKACEM PLC
Chairman’s Statement
INFORMATION ON ASHAKACEM PLC
Standards (IFRS) with the cor...

Advertisement

2012 ANNUAL REPORT • PAGE 15ASHAKACEM PLC
INFORMATION ON ASHAKACEM PLC
2
Similarly in order to minimize printing and posta...

PAGE 16 • 2012 ANNUAL REPORT ASHAKACEM PLC
INFORMATION ON ASHAKACEM PLC
Distinguished shareholders, ladies and
gentlemen, ...

2012 ANNUAL REPORT • PAGE 17ASHAKACEM PLC
INFORMATION ON ASHAKACEM PLC
2
line with Lafarge Group value, we remain dedicate...

PAGE 18 • 2012 ANNUAL REPORT ASHAKACEM PLC
MANAGING DIRECTOR’S REPORT
INFORMATION ON ASHAKACEM PLC
capacity. I am confiden...

2012 ANNUAL REPORT • PAGE 19ASHAKACEM PLC
INFORMATION ON ASHAKACEM PLC
2
Today we are not just changing. We are evolving. ...

Advertisement

ASHAKACEM PLC 2012 ANNUAL REPORT • PAGE 21
INFORMATION ON ASHAKACEM PLC
2
Umaru Kwairanga (Sarkin Fulanin Gombe) holds a B...

2012 ANNUAL REPORT • PAGE 23ASHAKACEM PLC
3
CORPORATE GOVERNANCE
REPORT OF THE DIRECTORS
The Board of Directors has the pl...

PAGE 24 • 2012 ANNUAL REPORT ASHAKACEM PLC
CORPORATE GOVERNANCE
Directors’shareholdings as at December 31, 2012
Names 201...

Advertisement

2012 ANNUAL REPORT • PAGE 25ASHAKACEM PLC
3
CORPORATE GOVERNANCE
The Company’s Articles of Association provides that the...

PAGE 26 • 2012 ANNUAL REPORT ASHAKACEM PLC
CORPORATE GOVERNANCE
REPORT OF THE DIRECTORS
4. Board Committees and their Com...

2012 ANNUAL REPORT • PAGE 27ASHAKACEM PLC
3
CORPORATE GOVERNANCE
5. Audit Committee
In accordance with sections 359 (4)...

PAGE 28 • 2012 ANNUAL REPORT ASHAKACEM PLC
REPORT OF THE DIRECTORS
CORPORATE GOVERNANCE
13. Risk Management
The Board ...

ASHAKACEM PLC 2012 ANNUAL REPORT • PAGE 29
EXECUTIVE MANAGEMENT TEAM
Abdul - Hameed
Balarabe
GM, Projects
Alfa Abdullahi
G...

Advertisement

ASHAKACEM PLCPAGE 30 • 2012 ANNUAL REPORT
CORPORATE GOVERNANCE
SENIOR MANAGEMENT TEAM
Dahiru Abbasi Gatugel
Purchasing Man...

SENIOR MANAGEMENT TEAM
Hauwa B. Ahmed
Employee Relation Manager
Tijjani Ahmed
Maiganga Coal Operations Manager
Husaini Bul...

PAGE 32 • 2012 ANNUAL REPORT ASHAKACEM PLC
HEALTH, SAFETY AND ENVIRONMENT
Ashaka employees and host community participatin...

2012 ANNUAL REPORT • PAGE 33ASHAKACEM PLC
4
SOCIAL AND ENVIRONMENTAL RESPONSIBILITY
DONATIONS, CHARITABLE GIFT AND COMMUNI...

PAGE 34 • 2012 ANNUAL REPORT ASHAKACEM PLC
Renovated & equipped AshakaCem Medical Centre
SOCIAL AND ENVIRONMENTAL RESPONSI...

Advertisement

2012 ANNUAL REPORT • PAGE 35ASHAKACEM PLC
FINANCIAL
STATEMENTS
Certification of Financial Statements 36
Statement of ...

PAGE 36 • 2012 ANNUAL REPORT ASHAKACEM PLC
CERTIFICATION OF FINANCIAL STATEMENTS
FINANCIAL STATEMENTS
Pursuant to section ...

2012 ANNUAL REPORT • PAGE 37ASHAKACEM PLC
STATEMENT OF DIRECTORS’RESPONSIBILITIES
FINANCIAL STATEMENTS
By the provisions o...

PAGE 38 • 2012 ANNUAL REPORT ASHAKACEM PLC
FINANCIAL STATEMENTS
Report on the Financial Statements
We have audited the acc...

2012 ANNUAL REPORT • PAGE 39ASHAKACEM PLC
F
REPORT OF AUDIT COMMITTEE
FINANCIAL STATEMENTS
In accordance with Section 359 ...

Advertisement

PAGE 40 • 2012 ANNUAL REPORT ASHAKACEM PLC
FINANCIAL STATEMENTS
STATEMENT OF PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME...

2012 ANNUAL REPORT • PAGE 41ASHAKACEM PLC
F
STATEMENT OF FINANCIAL POSITION
FINANCIAL STATEMENTS
for the year ended 31 Dec...

PAGE 42 • 2012 ANNUAL REPORT ASHAKACEM PLC
FINANCIAL STATEMENTS
Share Capital Other Retained
capital Contribution...

2012 ANNUAL REPORT • PAGE 43ASHAKACEM PLC
F
FINANCIAL STATEMENTS
STATEMENT OF CASHFLOWS
for the year ended 31 December 201...

PAGE 44 • 2012 ANNUAL REPORT ASHAKACEM PLC
1 General information
AshakaCem Plc was incorporated in Nigeria on 7 August ...

Advertisement

2012 ANNUAL REPORT • PAGE 45ASHAKACEM PLC
F
FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 Decembe...

PAGE 46 • 2012 ANNUAL REPORT ASHAKACEM PLC
FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December...

2012 ANNUAL REPORT • PAGE 47ASHAKACEM PLC
F
FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 Decembe...

PAGE 48 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 49ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

Advertisement

PAGE 50 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 51ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 52 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 53ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 54 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 55ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 56 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 57ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 58 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 59ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 60 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 61ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 62 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 63ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 64 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 65ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 66 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 67ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 68 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 69ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 70 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 71ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 72 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 73ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 74 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 75ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 76 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 77ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 78 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 79ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 80 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 81ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 82 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 83ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 84 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 85ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 86 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STATE...

2012 ANNUAL REPORT • PAGE 87ASHAKACEM PLC
F
NOTES TO THE FINANCIAL STATEMENTS
for the year 31 December 2012
FINANCIAL STAT...

PAGE 88 • 2012 ANNUAL REPORT ASHAKACEM PLC
FINANCIAL STATEMENTS
for the year ended 31 December 2012
STATEMENT OF VALUE ADD...

2012 ANNUAL REPORT • PAGE 89ASHAKACEM PLC
F
for the year ended 31 December 2012
FINANCIAL SUMMARY
FINANCIAL STATEMENTS
D...

PAGE 90 • 2012 ANNUAL REPORT ASHAKACEM PLC
CHARTS
FINANCIAL STATEMENTS
866

647

702

775

741

0

100
...

2012 ANNUAL REPORT • PAGE 91ASHAKACEM PLC
F
FINANCIAL STATEMENTS
12795.158
13182.199

16146

46726.932

49514...

PAGE 92 • 2012 ANNUAL REPORT ASHAKACEM PLC
SHAREHOLDING and other INFOrMATION
SHAREHOLDING INFORMATION
REGISTER RANGE ANAL...

2012 ANNUAL REPORT • PAGE 93ASHAKACEM PLC
SHAREHOLDING and other INFOrMATION
AREA OFFICES AND DEPOTS
Abuja (Depot Office):...

PAGE 94 • 2012 ANNUAL REPORT ASHAKACEM PLC
Kaduna:
F6, A.Y. Ahmed House,
Opp. Nigerian Airways,
Ahmadu Bello Way,
Kaduna.
...

MANDATE FOR E-DIVIDEND PAYMENT
Please credit my account at Central Securities Clearing System (CSCS) with shares and/or bo...

TO:
The Registrar
City Securities (Registrars) Ltd
17A Primrose Tower, 2nd Floor
Tinubu Square, Lagos
P. O. Box 9117, Lago...

The 38th Annual General Meeting of AshakaCem Plc will be held at Zaranda Hotel,
Bauchi State, Nigeria on Thursday, 27th Ju...

The Registrars
City Securities Limited
17A Primrose Tower, 2nd Floor
Tinubu Square, Lagos
P. O. Box 9117, Lagos
Nigeria

2012 ANNUAL REPORT • PAGE 99ASHAKACEM PLC
NOTES

PAGE 100 • 2012 ANNUAL REPORT ASHAKACEM PLC
NOTES

Share Slideshare

LinkedIn
Facebook
Twitter

Embed

Size (px)

Show related Slideshows at end

WordPress Shortcode

Link

Share
Email

C&I Leasing Plc Annual Report 2013 by Samuel Iboroma 1499 views
Mayer and Baker Annual Report 2012 by Michael Olafusi 1253 views

View on Slideshare

1 of 100 Ad

View on Slideshare

1 of 100 Ad