Profile

 

MissionManagementFinancial summary groupCertifications

Our Mission

The wealth of our group, apart from manpower and equipment, is made up of history, ideas, creativity and determination. The determination to build a better environment and ensure progress and prosperity of Nigeria. Our aim is to deliver projects of the highest quality with an unmistakable style using the latest technology. Our area of interest is focused on residential and commercial buildings. We are able to administer various projects, thanks to our staff of engineers, surveyors and highly qualified technicians working closely with the rest of our employees.
Today the company has on its list of completed projects a large variety of buildings spanning nationwide. This allows us to study the market and the future from the position of strength and optimism. It makes us aware of the quality and allows us to control the complete production process from start to finish.

The company management

Secretary

Marina Nominees Limited

Solicitors

Olajide  Oyewole & Co.

Registrars/Transfer Office

African Prudential Registrars Plc.
220B Ikorodu Road, Palmgrove – Lagos.

Auditors

aac Practice (Chartered Accountants)
Plot 9 block 137 Gabriel Olusanya Street
off White Sands School Road, by elf Estate,
Lekki Phase 1 Lekki, Lagos.

Bankers

Citibank Nigeria Limited
Diamond Bank Plc.
First City Monument Bank Plc.
Guaranty Trust Bank Plc.
Sterling Bank for Africa Plc.
United Bank for Africa Plc.
Zenith Bank Plc.

  2015 2014 2013 2012 2011
N’000 N’000 N’000 N’000 N’000

Assets / (Liabilities)

Total Assets – Net 7,408,125 5,979,314 4,776,568 4,083,215 3,555,299
Property, plant and equipment 2,125,225 1,907,170 1,149,983 1,156,379 849,689
Financial instruments 15,888 16,210 20,716 17,203 24,807
Other long term investments & Assets 239,408 186,294 192,409 202,011 216,097
Working capital net assets 5,634,667 4,270,423 3,971,004 3,448,075 3,308,042
Deferred taxation (607,065) (400,784) (292,946) (293,335) (376,283)
Staff gratuity fund - - (264,598) (447,118) (467,053)

Capital and Reserves

Shareholders’ funds 7,408,125 5,979,314 4,776,568 4,083,215 3,555,299
Issued and Paid-Up capital 98,438 98,438 98,438 98,438 98,438
General Reserves 241,073 241,073 22,084 22,084 22,084
Other equity reserves 4,938 8,469 13,317 9,982 15,592
Revenue reserve 7,063,675 5,631,333 4,642,729 3,952,711 3,419,185

Revenue and Profits

Profits after taxation 1,668,592 1,155,948 690,018 641,807 673,455
Revenue 21,079,972 17,787,283 11,882,039 14,054,326 9,944,384
Operating Profits before tax 2,367,750 1,682,716 905,867 1,070,207 722,157
Taxation (699,158) (526,768) (215,849) (428,400) (48,702)

Cashflows
Net cashflows from operating activities 1,406,803 6,424,612 320,776 (447,374) -
Net cashflows from investing activities 21,241 (627,662) 87,567 (220,435) -
Net cashflows from financing activities (298,681) (488,599) (474,064) (441,461) -

Key Financial Information
Per =N=0.50K share
Earnings 848 587 350 342 194
Dividend (kobo) - - - - 40
Dividend cover (times) - - - - 4.9
Net assets 3,763 3,037 2,426 1,827 1,525

 

Earnings per share are calculated based on profit after taxation and the number of issued and fully paid ordinary shares at the end of each financial year.

Net assets per share are based on net assets and the number of issued and fully paid ordinary shares at the end of each financial year.

 

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Certifications

The management of Cappa and D’Alberto PLC has always been strong believers in collective bargaining which ensures a level playing field and better conditions for the industry. In 1954 we were among the foundation members to form FOBACEC (Federation of Building and Civil Engineering Contractors in Nigeria ) which later became FOCI (Federation of Construction Industry). Our company remains a very active and committed member of FOCI. In line with this, our company was also a pioneer in the establishment of the workers union. Due in no small way to our efforts in that direction the NUCCEW (National Union of Construction and Civil Engineering Workers) was formed. We continue to enjoy a good working relationship with this Union which represents the vast majority of our workers.