Last 0.50 NGN
Change Today 0.00 / 0.00%
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As of 9:30 AM 09/29/14 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for investment & allied assuranc (IAINSURE)

Year over year, Investment and Allied Assurance Plc has been able to grow revenues from 144.1M NGN to 617.7M NGN. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold, SGA expenses and income tax expenses. All of these improvements led to a bottom line growth from 54.6M NGN to 304.7M NGN.
View Income Statement In U.S. Dollar
Currency in
Millions of Nigerian Nairas
As of:Dec 31
2006
NGN
Dec 31
2007
NGN
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4 Year
Trend
Other Revenues2.60.1----
TOTAL REVENUES146.6617.9----
Cost of Goods Sold11.217.3----
GROSS PROFIT135.5600.6----
Selling General & Admin Expenses, Total45.9164.6----
Other Operating Expenses21.591.8----
OTHER OPERATING EXPENSES, TOTAL67.4256.4----
OPERATING INCOME68.1344.2----
EBT, INCLUDING UNUSUAL ITEMS68.1344.2----
Income Tax Expense13.439.5----
Earnings from Continuing Operations54.6304.7----
NET INCOME54.6304.7----
NET INCOME TO COMMON INCLUDING EXTRA ITEMS54.6304.7----
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS54.6304.7----
 

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