Our financials

In 2011, Kakawa's Gross Earnings stood at N10.2 billion with a profit before tax (PBT) of N2.6billion, representing a drop of 18.07% from the N3.2billion recorded in the previous year. Total assets stood at N118.7billion, showing a reduction of 26.45% over the previous year's position of N161.3billion, which was a reflection of the efforts made at reducing the exposure of the Federal Government of Nigeria bonds. Similarly, Kakawa grew its shareholders' funds after adjusting for 2010 dividend of N2billion, as it stood at N13.33billion.