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
Marina Nominees Limited
Olajide Oyewole & Co.
African Prudential Registrars Plc.
220B Ikorodu Road, Palmgrove – Lagos.
aac Practice (Chartered Accountants)
Plot 9 block 137 Gabriel Olusanya Street
off White Sands School Road, by elf Estate,
Lekki Phase 1 Lekki, Lagos.
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.
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|
|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|
|Staff gratuity fund||-||-||(264,598)||(447,118)||(467,053)|
Capital and Reserves
|Issued and Paid-Up capital||98,438||98,438||98,438||98,438||98,438|
|Other equity reserves||4,938||8,469||13,317||9,982||15,592|
Revenue and Profits
|Profits after taxation||1,668,592||1,155,948||690,018||641,807||673,455|
|Operating Profits before tax||2,367,750||1,682,716||905,867||1,070,207||722,157|
|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
|Dividend cover (times)||-||-||-||-||4.9|
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.
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.