ACADEMY PRESS PLC
REPORTS AND FINANCIAL STATEMENTS
FOR THE THIRD QUARTER ENDED 31ST DECEMBER, 2021
Academy Press Plc.
Reports and financial statements for the third quarters ended 3Ist December, 2021
CONTENTS | PAGE |
Corporate information | 1 |
Financial highlights | 2 |
Consolidated Statements of comprehensive income | 3 |
Consolidated Statements of financial position | 4 |
Consolidated Statements of changes in equity | 5 |
Consolidated Statements of cash flows | 6 |
Notes to the financial statements | 7 |
1
Academy Press Plc. | |||
Corporate Information | |||
Directors: | Wahab B. Dabiri | - Chairman | |
Olugbenga Ladipo | - Managing Director | ||
David Pritchard | (British) | - Non-executive Director | |
Folashade B. Omo-Eboh- (Mrs.) | - Non-executive Director | ||
Oyewole Olaoye | - Non-executive Director | ||
Femi T. Akingbe - | - Non-executive Director | ||
Abubakar A.Jimoh | -Non- executive Director | ||
Paul Aderibigbe | - Executive Director | ||
Secretaries: | Alpha-Genasec Limited, | ||
Krestal Laurel Complex (4th Floor), | |||
376, Ikorodu Road, | |||
Maryland, Ikeja, Lagos. | |||
Tel:234(0)8062272121 | |||
Email: alpha-genasec @bakertilly.com | |||
Registered office: | 28/32, Industrial Avenue, | ||
Ilupeju Industrial Estate, | |||
Ilupeju, Lagos. | |||
Tel: 09030001367, 09030001368&07014900034 | |||
Email: applc@academy press- plc.com | |||
www.academypress-plc.com | |||
Registered number: | RC. 3915 | ||
Auditors: | Ernst & Young | ||
(Chartered Accountants) | |||
10th & 13th Floor, UBA House | |||
57, Marina, Lagos | |||
E-mail: services@ng.ey.com | |||
Registrars: | Pace Registrars Limited, |
Knight Frank Building (8th floor), 24, Campbell Street, Lagos.
Tel: 01-2635607,01-7303445,01-2805538
E-mail: Info @ paceregistrars.Com
2
Bankers: | Union Bank of Nigeria Plc. |
First Bank of Nigeria Plc. | |
Sterling Bank Nigeria Plc. | |
Zenith Bank Plc. | |
Guaranty Trust Bank Plc. | |
United Bank for Africa |
3
Academy Press Plc.
FINANCIAL HIGHLIGHTS
31-12-2021 | 31-12-2020 | % | 30-09-2021 | 30-09-2020 % | 30-06-2021 | 30-06-2020 | % | ||||
2021 | 2020 | Increase/ (decrease) | 2021 | 2020 | Increase/ (decrease) | 2021 | 2020 | Increase/ (decrease) | |||
N'000 | N'000 | N'000 | N'000 | N'000 | N'000 | ||||||
Revenue | 2,754,459 | 1,265,966 | 118% | 2,109,194 | 547,027 | 286 | 762,497 | 167,195 | 356 | ||
Profit/ (Loss) before Taxation | 138,988 | (179,552) | 117% | 197,197 | (150,867) | 231 | (180,417) | (86,317) | 185 | ||
Taxation | - | - | - | - | - | - | |||||
Profit/ (Loss) after taxation | 138,988 | (179,552) | 117% | 197,197 | (150,867) | 231 | (180,417) | (86,317) | 185 | ||
Profit/Loss/share | 23k | (30k) | 33K | (25K) | 32 | (29K) | (14K) | 190 | |||
At period ended: | 31-12-2021 | 31-12-2020 | % | 30-09-2021 | 30-09-2020 | % | 30-06-2021 | 30-06-2020 | % | ||
₦'000 | ₦'000 | ₦'000 | ₦'000 | ||||||||
Property, plant and machinery | 965,124 | 944,791 | 2 | 932,375 | 1,033,246 | (10) | 977,074 | 1,033,246 | (5) | ||
Share Capital | 302,400 | 302,400 | - | 302,400 | 302,400 | 302,400 | 302,400 | ||||
Equity | 149,915 | 10,928 | 1272% | 234,798 | 10,928 | 2049 | 25,836 | 10,928 | 136 | ||
Number | Number | Number | Number | Number | Number | ||||||
Number of employees | 212 | 213 | (0.5) | 216 | 219 | (1) | 219 | 219 | - |
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Academy Press plc published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 08:38:04 UTC.