SKYWAY AVIATION HANDLING COMPANY PLC
(RC:813022)
UNAUDITED
INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED 31 MARCH 2023
SKYWAY AVIATION HANDLING COMPANY PLC
TABLE OF CONTENTS | PAGES |
CORPORATE INFORMATION | 2-3 |
DIRECTORS' CERTIFICATION REPORT | 4 |
CONDENSED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME | 5 |
CONDENSED STATEMENT OF FINANCIAL POSITION | 6 |
CONDENSED STATEMENT OF CHANGES IN EQUITY | 7 |
CONDENSED STATEMENT OF CASH FLOWS | 8 |
FREE FLOAT ANALYSIS | 9 |
CONDENSED NOTES TO THE FINANCIAL STATEMENTS | 9 - 25 |
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SKYWAY AVIATION HANDLING COMPANY PLC
CORPORATE INFORMATION
REGISTERED NUMBER: | RC:813022 | |
TAX IDENTIFICATION NUMBER: | 04683753-0001 | |
DIRECTORS: | Barrister (Dr.) Taiwo Afolabi | Chairman |
Mr. Basil Agboarumi | Managing Director | |
Mr. Babatunde Afolabi | Executive Director | |
Mr. Olaniyi Adigun | Executive Director | |
Mrs. Boma Ukwunna | Executive Director | |
Dr. Oluropo Owolabi | Non Executive Director | |
Barrister Oladipo Kayode Filani | Non Executive Director | |
Captain Shehu Iyal | Non Executive Director | |
Mrs. Laila St. Mathew Daniel | Non Executive Director | |
Mrs. Bukola Bello-Jayesimi | Non Executive Director | |
Mr. Anogwi Anyanwu | Independent Director | |
PRINCIPAL OFFICERS: | Basil Agboarumi | Managing Director/CEO |
Olaniyi Adigun | Executive Director -Sales and Marketing | |
Boma Ukwunna | Executive Director - Cargo Services | |
Babatunde Afolabi | Executive Director IT and Business Development | |
James Oriowo | AGM- Engineering and Maintenance | |
Olugbenga Okeowo | AGM- Operations | |
Olajide Kafidipe | AGM- Cargo Services | |
Hamzat Bola Olaniyan | AGM- Billing | |
Yinka Afolabi Ogungbemi | AGM- Admin Services and Project | |
Omolara Bello | AGM- Legal/ Company Secretary | |
Taiwo Olayemi Mogaji | AGM- Internal Control | |
Benjamin Akinola | AGM- Internal Audit | |
Rotimi Omotoso | Chief Finance Officer | |
Folorunso Elegbede | AGM - Human Resources | |
Christie Oseghale | AGM -Safety and Quality Assurance | |
Adebowale Okunlola | Head -Security | |
Ayodele Taoheed Sanusi | Head -Procurement | |
REGISTERED OFFICE/ | 54 Warehouse Road, Apapa, Lagos | |
OPERATIONAL OFFICE ADDRESS: | Skyway Aviation Handling Company Plc. Complex, | |
Cargo Terminal, | ||
Murtala Muhammed International Airport, | ||
Ikeja, | ||
Lagos. | ||
COMPANY SECRETARY: | Omolara Bello | |
Skyway Aviation Handling Company Plc. Complex, | ||
Cargo Terminal, | ||
Murtala Muhammed International Airport, | ||
Ikeja, | ||
Lagos State. |
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SKYWAY AVIATION HANDLING COMPANY PLC
CORPORATE INFORMATION (CONT'D)
PRINCIPAL BANKERS: | Access Bank Plc. |
Eco bank Nigeria Limited | |
Fidelity Bank Plc. | |
First Bank of Nigeria Limited | |
First City Monument Bank Plc. | |
Guaranty Trust Bank Plc. | |
Keystone Bank Limited. | |
Polaris Bank Ltd | |
Stanbic IBTC Bank Plc. | |
Sterling Bank Plc. | |
Union Bank of Nigeria Plc. | |
United Bank for Africa Plc. | |
Wema Bank Plc. | |
Zenith Bank Plc. | |
Suntrust Bank Limited | |
Nova Merchant Bank Limited | |
SOLICITORS | Sceptre Law |
2c Idowu Olaitan Street, | |
Gbagada Expressway, | |
Gbagada Phase II, | |
Lagos. | |
H.A. Olaniyan and Co. | |
2nd Floor Rear Block, | |
208 Ikorodu Road, | |
Palmgrove, | |
Lagos. | |
REGISTRARS: | First Registrars and Investors Services Limited |
2 Abebe Village Road, Iganmu | |
Postal 12242 | |
Lagos State. |
3
SKYWAY AVIATION HANDLING COMPANY PLC
DIRECTORS' CERTIFICATION REPORT
FOR THE THREE MONTHS ENDED 31 MARCH, 2023
We have reviewed the condensed financial statements of Skyway Aviation Handling Company Plc for the period ended 31 March, 2023
Based on our knowledge, these condensed financial statements do not;
- Contain any untrue statement of a material fact or;
- Omit to state material fact, which would make the statement misleading in the light of the circumstance under which such statements were made
- The condensed financial statements and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the company as of, and for the periods presented in the condensed financial statements
The Directors are responsible for establishing and maintaining internal controls; we have;- designed such internal controls to ensure that material information relating to the Company is made known to us by others within the Company, particularly during the period in which this report is being prepared;
- continuously evaluated the effectiveness of the Company's internal controls on a quarterly basis;
………………………………………….. | ………………………………………….. |
Barr. (Dr.) Taiwo Afolabi | Mr. Agboarumi Basil |
Chairman | Managing Director/CEO |
FRC/2015/NBA/00000013106 | FRC/2019/IODN/00000019784 |
Date: 25th April, 2023 | Date: 25th April, 2023 |
………………………………………….. | |
Mr. Rotimi Omotoso | |
Chief Financial Officer | |
FRC/2016/ICAN/00000014593 | |
Date: 25th April, 2023 |
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Skyway Aviation Handling Company plc published this content on 25 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2023 16:44:04 UTC.