MRS annual report 2010

1. The original company document has been re-formatted for "as reported data" transparency.
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PART II
MRS OIL NIGERIA PLC 20 May 2011
Audited Year Ended December 2010
Profit and Loss Information
2010 2009
Gross Income N74.781b N74.603b
Profit Before Tax N2.887b N1.721b
Taxation (N1.040b) (N670.373m)
Profit After Taxation N1.847b N1.050b
Balance Sheet Information
Fixed Assets N18.209b N3.036b
Stock N8.637b N4.844b
Trade Debtors N2.504b N2.231b
Cash And Bank Balances N2.899b N2.208b
Other Debit Balances N8.747b N5.986b
Trade Creditors N11.479b N5.055b
Short Term Borrowings N517.346m N934.044m
Other Credit Balances N10.472b N9.351b
Working Capital N2.860b N1.069b
Net Assets N18.528b N2.965b
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