SMART PRODUCTS NIGERIA PLC SMART PRODUCTS NIGERIA PLC
MANAGEMENT ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2022
SMART PRODUCTS NIGERIA PLC STATEMENT OF FINANCIAL POSITION AS AT PERIOD ENDED 31 MARCH 2022
Non current assets
March 2022 ₦
Property plant and equipment 2,325,530
Investment property 126,053,289
Available for sale Deferred tax assetCurrent assets Loans and receiveable Cash and cash equivalent
651,384 - 129,030,203
40,921,495 20,188,882 61,110,377
Total assets
190,140,580
Non current liabilities Deferred tax liability
1,144,889
Current liabilities Trade and other payable Deferred income Current tax payableTotal liabilities
Equity
Share capital Share premium
Asset revaluation reserve Retained earnings
Total liabilities and equity
30,423,814
12,344,552
42,516,437
85,284,803
86,429,692
22,500,000
1,151,920
81,018,020
(959,052)
103,710,888
190,140,580
Mr. Akin Laoye Managing Director FRC/2021/003/00000023888
25TH APRIL, 2022
Mr. Olumayowa P. Jimoh for: Chief Finance Officer FRC/2022/PRO/ICAN/001/00000024076
SMART PRODUCTS NIGERIA PLC | |
STATEMENT OF INCOME | |
FOR THE PERIOD ENDED 31 MARCH 2022 | |
March 2022 | |
₦ | |
Revenue | 15,219,930 |
Other income | - |
Total revenue | 15,219,930 |
Personnel | (978,325) |
Other operating expenses | (6,113,634) |
Depreciation | - |
Specific impairment allowance | - |
Profit before tax | 8,127,971 |
Income tax expenses | - |
Deferred tax expenses | - |
Profit after tax | 8,127,971 |
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Smart Products Nigeria plc published this content on 29 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2022 14:16:05 UTC.
