EVANS INDUSTRIES LIMITED

TRIAL BALANCE SUMMARY FOR 2015

Account Description Beginning Balance
000-1005-00 Plants and Machineries =N=509,697,527.6000
000-1005-10 Accumulated Depreciation - Plants and Machineries (=N=198,859,644.1323)
000-1010-00 Office Equipment =N=15,027,359.3800
000-1010-10 Accumulated depreciation - Office Equipment (=N=12,878,946.9724)
000-1015-00 Computer Equipment =N=8,732,540.0000
000-1015-10 Accumulated Depreciation - Computer Equipment (=N=4,784,466.9022)
000-1020-00 Furniture and Fixtures =N=2,356,550.0000
000-1020-10 Accumulated Depreciation - Furniture and Fixtures (=N=2,010,905.5039)
000-1025-00 Motor Vehicles =N=121,460,000.0000
000-1025-10 Accumulated Depreciation - Motor Vehicles (=N=29,816,726.4300)
000-1040-00 Computer Software =N=4,616,208.0000
000-1040-10 Amortized Software Cost (=N=4,077,843.9567)
000-1045-00 Preliminary Expenses =N=43,841,320.1100
000-1045-10 Amortization - Preliminary Expenses (=N=19,167,388.0000)
000-1050-00 Project Accounts =N=250,833,397.8700
000-1130-00 VAT Receivable =N=29,928,920.3321
000-1205-05 Petty Cash =N=39,120.0000
000-1206-05 Zenith Bank =N=66,260,787.1000
000-1206-10 First Bank =N=30,153,104.8600
000-1206-11 Diamond Bank plc 0
000-1206-15 HERITAGE BANK LIMITED =N=15,605,761.1600
000-1206-30 Payroll Checking Account (=N=2,670,204.6100)
000-1210-05 Trade Debtors =N=88,823,700.0000
000-1215-45 Staff Loan =N=174,999.9600
000-1215-75 Ekulo's Current Account =N=2,247,204,589.4500
000-1215-80 Company- -Ekulo's Loan Account (=N=259,636,885.5000)
000-1220-05 Stock - Raw Materials =N=734,409,221.3245
000-1220-15 Stock - Finished Goods =N=140,432,807.7280
000-2005-00 Trade Creditors (=N=39,835,216.6800)
000-2100-01 Accrued Audit Fee (=N=3,078,000.0000)
000-2105-00 VAT Payable (=N=716,480,513.2500)
000-2110-00 Pension Fund Payable (=N=108,909.6900)
000-2120-00 PAYE (=N=171,473.9500)
000-2125-00 Company Income Tax (=N=749,365,723.5600)
000-2125-01 Provision for Deferred Tax (=N=144,214,186.0000)
000-3005-00 Long Term Liabilities (=N=540,296,463.7700)
000-3105-00 Share Capital (=N=4,000,000.0000)
000-3120-00 Retained Earning (=N=1,751,202,570.0818)
000-4100-05 Soap 150g - Lagos 0
000-4100-06 Soap 80g - Lagos 0
000-4100-07 Soap Meditol 90g-Lagos 0
000-4540-00 Other Income 0
000-5100-00 Cost of Sales - Soap150g 0
000-5100-01 Cost of Sales - Soap 80g 0
000-5100-02 Cost of Sales - Soap90g 0
000-5510-00 Direct Labour Cost (Standard) 0
000-5510-SO Direct Labour Cost Soap (Standard) 0
000-5510-UN Direct Labour Cost Unit Cartoon(Standard) 0
000-5511-00 Direct Labour Cost (Actual) 0
000-5511-SO Direct Labour Cost Soap (Actual) 0
000-5511-UN Direct Labour Cost Unit Cartoon (Actual) 0
000-5512-00 Packaging Cost 0
000-5512-SO Packaging Cost -Soap 0
000-5512-UN Packaging Cost Unit Carton 0
000-5515-00 Factory Depreciation 0
000-5515-SO Factory Depreciation-Soap 0
000-5520-00 Factory - Rent 0
000-5520-01 Manufacturing- - Rent Expenses-warehouse 0
000-5530-00 Factory - Gas Supplied 0
000-5605-00 Standard Overhead Absorbed 0
000-5605-SO Standard Overhead Absorbed Soap 0
000-5605-UN Standard Overhead Absorbed-Unit Carton 0
000-6101-00 Advertising and Sales Promotion Expenses 0
000-6103-00 Delivery Expenses 0
000-6109-00 R&M - Motor Vehicle 0
000-6112-00 Telephone Expenses-Selling 0
000-6121-00 Fuel for Vehicle - Selling 0
000-6122-00 Transport and Travelling Expenses-Selling 0
000-6127-00 Pension Fund Contribution Expenses 0
000-6133-00 Salaries & Wages-Selling Exp 0
000-6205-00 R&M - Plant and Machinery 0
000-6206-00 R&M - Office Equipment 0
000-6207-00 R&M - Computer Equipment 0
000-6208-00 R&M - Furniture and Fixtures 0
000-6210-00 R&M - Building 0
000-6212-00 Telephone Expenses 0
000-6215-00 Amortization Expenses 0
000-6217-00 Depreciation Expenses 0
000-6221-00 Fuel for Vehicle 0
000-6222-00 Transport and Travelling Expenses 0
000-6223-00 Licence and Registration Expenses 0
000-6224-00 Printing and Stationery Expenses 0
000-6225-00 Legal Professional Expenses 0
000-6228-00 Government Agencies Fees/Levies 0
000-6229-00 Medical Expenses 0
000-6230-00 Office Expenses 0
000-6233-00 Salaries and Wages Expenses 0
000-6236-00 Staff Welfare 0
000-6240-00 Newspapers and Periodicals 0
000-6241-00 Environmental Expenses 0
000-6244-00 Internet Access 0
000-6245-00 Fines and Penalties 0
000-6246-00 Public Relation Expenses 0
000-6247-00 Gift and Donation Expenses 0
000-6248-00 Security Charge Expenses 0
000-6250-00 Laundry and Cleaning Expenses 0
000-6252-00 Electricity Expenses 0
000-6254-00 Insurance Expenses 0
000-6255-00 Training and Library Expenses 0
000-6262-00 Company-Product Development Cost- =N=1,919,140.0000
000-6266-00 Management Support Team(MST) 0
000-6305-00 Bank Charges 0
000-6315-OO Company- -Laboratory Chemicals/Expenses 0
EVANS-HAULAGE SEGMENT.
001-1026-00 Haulage-Haulage Vehicles - =N=206,934,500.0000
001-1026-10 Haulage-Accum Dep Haulage Vehicle - (=N=37,337,340.0038)
001-1205-05 Haulage-Petty Cash - =N=121,590.0000
001-1206-05 Haulage-Zenith Bank - =N=4,614,770.8500
001-1206-30 Haulage-Payroll Checking Account - (=N=1,864,062.5700)
001-1210-05 Haulage-Trade Debtors - =N=1,060,000.0000
001-1215-20 Haulage- Prepaid Insurance- =N=1,828,749.7000
001-4600-00 Haulage-Income-Haulage - 0
001-5600-01 Haulage-Direct Cost -Repairs 0
001-5600-02 Haulage-Direct Cost Diesel and Gas- 0
001-5600-03 Haulage-Direct Cost Spare Parts- 0
001-5600-04 Haulage-Direct Cost Tyre- 0
001-5600-05 Haulage-Direct Cost - Salary 0
001-5600-06 Haulage-Direct Cost-Road Expenses- 0
001-5600-07 Haulage- Direct Cost-Insurance 0
001-5600-08 Haulage- Direct Cost-License & Rate 0
001-5600-09 Haulage-Direct Cost-Depreciation- 0
001-6212-00 Haulage- - Teleohone exp 0
001-6222-00 Haulage-Transport and Travelling- 0
001-6232-00 Haulage- - Traffic Fine/penalty 0
001-6242-00 Haulage- - Other Exp 0
001-6305-00 Haulage- Bank Charges- 0
 Debit Credit Net Change Ending Balance
=N=389,643,937.6200 =N=781,397.6500 =N=388,862,539.9700 =N=898,560,067.5700
0 =N=57,852,943.4269 (=N=57,852,943.4269) (=N=256,712,587.5592)
=N=3,084,168.0000 =N=739,860.0000 =N=2,344,308.0000 =N=17,371,667.3800
0 =N=1,718,596.6666 (=N=1,718,596.6666) (=N=14,597,543.6390)
=N=1,107,100.0000 0 =N=1,107,100.0000 =N=9,839,640.0000
0 =N=1,533,792.7811 (=N=1,533,792.7811) (=N=6,318,259.6833)
=N=334,000.0000 =N=174,000.0000 =N=160,000.0000 =N=2,516,550.0000
=N=358,270.0340 =N=642,436.8230 (=N=284,166.7890) (=N=2,295,072.2929)
=N=13,689,750.0000 0 =N=13,689,750.0000 =N=135,149,750.0000
0 =N=29,119,359.3750 (=N=29,119,359.3750) (=N=58,936,085.8050)
0 0 0 =N=4,616,208.0000
0 =N=139,666.6667 (=N=139,666.6667) (=N=4,217,510.6234)
0 =N=19,167,387.9600 (=N=19,167,387.9600) =N=24,673,932.1500
0 0 0 (=N=19,167,388.0000)
=N=307,753,115.3100 =N=467,961,489.7700 (=N=160,208,374.4600) =N=90,625,023.4100
=N=20,867,070.3876 =N=127,521.4500 =N=20,739,548.9376 =N=50,668,469.2697
=N=51,919,543.0000 =N=51,906,337.0000 =N=13,206.0000 =N=52,326.0000
=N=5,332,515,105.2000 =N=5,386,497,069.7700 (=N=53,981,964.5700) =N=12,278,822.5300
=N=2,431,953,261.4400 =N=2,460,214,947.2800 (=N=28,261,685.8400) =N=1,891,419.0200
=N=500,000.0000 =N=9,450.0000 =N=490,550.0000 =N=490,550.0000
=N=1,235,678,032.0000 =N=1,081,704,385.1300 =N=153,973,646.8700 =N=169,579,408.0300
=N=45,257,914.2200 =N=46,080,489.8600 (=N=822,575.6400) (=N=3,492,780.2500)
=N=7,411,013,767.4400 =N=7,619,520,154.4400 (=N=208,506,387.0000) (=N=119,682,687.0000)
=N=250,000.0000 =N=220,000.0000 =N=30,000.0000 =N=204,999.9600
=N=6,502,072,715.7600 =N=4,502,505,459.4300 =N=1,999,567,256.3300 =N=4,246,771,845.7800
0 0 0 (=N=259,636,885.5000)
=N=10,437,696,634.1058 =N=10,267,021,557.1324 =N=170,675,076.9734 =N=905,084,298.2979
=N=5,084,818,290.5320 =N=5,212,972,638.2600 (=N=128,154,347.7280) =N=12,278,460.0000
=N=4,365,973,637.5800 =N=4,473,963,549.7564 (=N=107,989,912.1764) (=N=147,825,128.8564)
=N=1,200,000.0000 0 =N=1,200,000.0000 (=N=1,878,000.0000)
=N=14,679,680.2400 =N=342,742,602.0000 (=N=328,062,921.7600) (=N=1,044,543,435.0100)
=N=2,421,310.9400 =N=2,555,677.2500 (=N=134,366.3100) (=N=243,276.0000)
=N=1,310,144.2200 =N=1,252,973.1400 =N=57,171.0800 (=N=114,302.8700)
=N=7,062,313.7000 =N=1,766,880.0000 =N=5,295,433.7000 (=N=744,070,289.8600)
0 0 0 (=N=144,214,186.0000)
0 0 0 (=N=540,296,463.7700)
0 0 0 (=N=4,000,000.0000)
0 0 0 (=N=1,751,202,570.0818)
=N=25,630.0000 =N=6,776,861,049.3000 (=N=6,776,835,419.3000) (=N=6,776,835,419.3000)
0 =N=49,612,888.1400 (=N=49,612,888.1400) (=N=49,612,888.1400)
0 =N=28,279,028.0000 (=N=28,279,028.0000) (=N=28,279,028.0000)
 =N=31,000.0000 =N=17,762,289.0000 (=N=17,731,289.0000) (=N=17,731,289.0000)
=N=5,086,682,409.7800 =N=240,327,974.6850 =N=4,846,354,435.0950 =N=4,846,354,435.0950
=N=32,589,670.5200 0 =N=32,589,670.5200 =N=32,589,670.5200
=N=13,027,317.6200 0 =N=13,027,317.6200 =N=13,027,317.6200
=N=73,348,110.9000 =N=146,176,889.9600 (=N=72,828,779.0600) (=N=72,828,779.0600)
=N=14,841,541.9800 =N=29,780,053.8400 (=N=14,938,511.8600) (=N=14,938,511.8600)
=N=6,849,709.5100 =N=13,591,011.9000 (=N=6,741,302.3900) (=N=6,741,302.3900)
=N=90,856,184.0200 =N=2,990,000.0000 =N=87,866,184.0200 =N=87,866,184.0200
0 =N=194,444.2800 (=N=194,444.2800) (=N=194,444.2800)
0 =N=223,880.1600 (=N=223,880.1600) (=N=223,880.1600)
=N=24,035,883.0200 =N=2,550,429.0000 =N=21,485,454.0200 =N=21,485,454.0200
=N=29,657,142.9766 0 =N=29,657,142.9766 =N=29,657,142.9766
=N=4,865,184.0000 0 =N=4,865,184.0000 =N=4,865,184.0000
=N=40,589,618.8059 0 =N=40,589,618.8059 =N=40,589,618.8059
=N=17,263,324.6210 0 =N=17,263,324.6210 =N=17,263,324.6210
=N=27,313,920.0000 0 =N=27,313,920.0000 =N=27,313,920.0000
=N=8,448,000.0000 0 =N=8,448,000.0000 =N=8,448,000.0000
=N=33,003,112.7757 0 =N=33,003,112.7757 =N=33,003,112.7757
=N=198,675,951.0652 =N=395,752,710.3473 (=N=197,076,759.2821) (=N=197,076,759.2821)
=N=40,193,233.5900 =N=93,743,244.2572 (=N=53,550,010.6672) (=N=53,550,010.6672)
=N=7,976,372.2400 =N=15,814,485.6001 (=N=7,838,113.3601) (=N=7,838,113.3601)
=N=82,543,736.9300 =N=3,779,928.0000 =N=78,763,808.9300 =N=78,763,808.9300
=N=6,251,823.0000 =N=75,000.0000 =N=6,176,823.0000 =N=6,176,823.0000
=N=5,469,772.0000 =N=87,140.0000 =N=5,382,632.0000 =N=5,382,632.0000
=N=48,500.0000 0 =N=48,500.0000 =N=48,500.0000
=N=667,300.0000 0 =N=667,300.0000 =N=667,300.0000
=N=594,500.0000 0 =N=594,500.0000 =N=594,500.0000
=N=3,177,842.5700 =N=60,937.5000 =N=3,116,905.0700 =N=3,116,905.0700
=N=3,006,531.1700 0 =N=3,006,531.1700 =N=3,006,531.1700
=N=87,328,744.3600 =N=17,576,490.5000 =N=69,752,253.8600 =N=69,752,253.8600
=N=5,739,557.5000 0 =N=5,739,557.5000 =N=5,739,557.5000
=N=210,347.0500 0 =N=210,347.0500 =N=210,347.0500
=N=1,415,950.0000 0 =N=1,415,950.0000 =N=1,415,950.0000
=N=9,351,576.5000 =N=300,000.0000 =N=9,051,576.5000 =N=9,051,576.5000
=N=526,850.0000 0 =N=526,850.0000 =N=526,850.0000
=N=19,167,387.9600 0 =N=19,167,387.9600 =N=19,167,387.9600
=N=33,156,352.3124 =N=360,770.0340 =N=32,795,582.2784 =N=32,795,582.2784
=N=1,613,489.0000 0 =N=1,613,489.0000 =N=1,613,489.0000
=N=872,736.2800 0 =N=872,736.2800 =N=872,736.2800
=N=1,237,400.0000 0 =N=1,237,400.0000 =N=1,237,400.0000
=N=888,440.0000 =N=3,200.0000 =N=885,240.0000 =N=885,240.0000
=N=27,399,250.0000 0 =N=27,399,250.0000 =N=27,399,250.0000
=N=2,794,546.9100 0 =N=2,794,546.9100 =N=2,794,546.9100
=N=6,434,333.0000 0 =N=6,434,333.0000 =N=6,434,333.0000
=N=4,358,395.0000 =N=252,700.0000 =N=4,105,695.0000 =N=4,105,695.0000
=N=30,792,206.0600 =N=1,738,796.2000 =N=29,053,409.8600 =N=29,053,409.8600
=N=2,051,430.0000 0 =N=2,051,430.0000 =N=2,051,430.0000
=N=50,150.0000 0 =N=50,150.0000 =N=50,150.0000
=N=73,470.0000 0 =N=73,470.0000 =N=73,470.0000
=N=2,269,743.5500 0 =N=2,269,743.5500 =N=2,269,743.5500
=N=145,500.0000 0 =N=145,500.0000 =N=145,500.0000
=N=2,454,542.7200 =N=4,401.0000 =N=2,450,141.7200 =N=2,450,141.7200
=N=100,000.0000 0 =N=100,000.0000 =N=100,000.0000
=N=1,240,600.0000 0 =N=1,240,600.0000 =N=1,240,600.0000
=N=9,000.0000 0 =N=9,000.0000 =N=9,000.0000
=N=3,094,000.0000 0 =N=3,094,000.0000 =N=3,094,000.0000
=N=11,690,430.0900 =N=222,585.0000 =N=11,467,845.0900 =N=11,467,845.0900
=N=1,100,000.0000 =N=125,000.0000 =N=975,000.0000 =N=975,000.0000
=N=290,000.0000 0 =N=290,000.0000 =N=2,209,140.0000
=N=48,099,987.4700 =N=16,200.0000 =N=48,083,787.4700 =N=48,083,787.4700
=N=7,975,501.7200 0 =N=7,975,501.7200 =N=7,975,501.7200
=N=547,358.0000 =N=5,820.0000 =N=541,538.0000 =N=541,538.0000

=N=69,457,212.9000 =N=7,933,922.0000 =N=61,523,290.9000 =N=268,457,790.9000

0 =N=30,398,611.9583 (=N=30,398,611.9583) (=N=67,735,951.9621)
=N=13,031,200.0000 =N=12,899,580.0000 =N=131,620.0000 =N=253,210.0000
=N=203,465,548.5900 =N=203,720,356.9200 (=N=254,808.3300) =N=4,359,962.5200
=N=15,207,125.4800 =N=14,392,812.9100 =N=814,312.5700 (=N=1,049,750.0000)
=N=150,430,000.0000 =N=150,840,000.0000 (=N=410,000.0000) =N=650,000.0000
0 0 0 =N=1,828,749.7000
=N=1,920,000.0000 =N=148,200,000.0000 (=N=146,280,000.0000) (=N=146,280,000.0000)
=N=39,859,671.5800 =N=3,100,487.0000 =N=36,759,184.5800 =N=36,759,184.5800
=N=40,749,252.4000 =N=4,447,471.8900 =N=36,301,780.5100 =N=36,301,780.5100
=N=120,000.0000 0 =N=120,000.0000 =N=120,000.0000
=N=11,367,000.0000 =N=915,000.0000 =N=10,452,000.0000 =N=10,452,000.0000
=N=14,339,000.0000 0 =N=14,339,000.0000 =N=14,339,000.0000
=N=6,839,000.0000 =N=13,000.0000 =N=6,826,000.0000 =N=6,826,000.0000
=N=41,273,786.3500 =N=33,787,928.3900 =N=7,485,857.9600 =N=7,485,857.9600
=N=2,764,125.0000 0 =N=2,764,125.0000 =N=2,764,125.0000
=N=30,398,611.9583 0 =N=30,398,611.9583 =N=30,398,611.9583
=N=1,750.0000 0 =N=1,750.0000 =N=1,750.0000
=N=231,950.0000 0 =N=231,950.0000 =N=231,950.0000
=N=478,000.0000 0 =N=478,000.0000 =N=478,000.0000
=N=6,234,462.6000 =N=2,340,000.0000 =N=3,894,462.6000 =N=3,894,462.6000
=N=91,887.2900 0 =N=91,887.2900 =N=91,887.2900

0
 EVANS INDUSTRIES LTD.
STOCK VALUATION REPORT AS AT 24TH DEC 2015

STANDARD
SN FINISHED GOODS ACTUAL QTY COST
1 EVA GOLD-150g 46 CTNS 2,500.21
2 EVA CLASSIC-150g 90 CTNS 2,521.50
3 EVA IVORY-150g 2 CTNS 2,495.65
4 EVA PEARL-150g 96 CTNS 2,503.93
5 EVA HERBAL-150g 9 CTNS 2,458.94
6 EVA FOREVER 3 CTNS 2,566.12
TOTAL: 246 CTNS 15,046
1 EVA GOLD-80g 5 CTNS 2,071.14
2 EVA CLASSIC-80g 2 CTNS 2,088.34
3 EVA IVORY-80g 3 CTNS 2,067.46
4 EVA HERBAL-80g 4 CTNS 2,037.79
5 EVA PEARL-80g 2 CTNS 2,074.19
6 EVA FOREVER-80g 1 CTNS 2,124.40
TOTAL: 17 CTNS 12,463
S/N FINISHED GOODS-MEDITOL 90g CTNS
1 HERBAL 1,461 CTNS 2,633.00
2 ORIGINAL 2 CTNS 2,524.00
3 COOL 928 CTNS 2,652.00
4 GENTLE 676 CTNS 2,668.00
5 CLASSIC 826 CTNS 4,249.00
TOTAL: 3,893 CTNS 14,726
RAW & PACKAGING MATERIALS
1 TITENEUM DIOXIDE 7,715.50 KG 525.00
2 NOODLES (38848) Bags 971,200.00 KG 230.00
TOTAL: 755
SN EVA-PERFUME
1 LAVENDER WOOD[GOLD] 18,051.40 KG 3,153.50
2 AQUARELLE [CLASSIC] 18,517.60 KG 3,230.35
3 IVORY 14,719.02 KG 3,153.30
4 WHITE GOLD [PEARL] 5,138.40 KG 3129.65
5 ALPHINE [HERBAL] 6,989.50 KG 2,676.50
6 GLOBE TROTTER 8,968.05 KG 3,657.00
TOTAL: 72,383.97 19,000.30
EVA-EXTRACT
1 SILK GW [GOLD] 5,101.72 KG 2,808.00
2 VITAMINE E [CLASSIC] 703.40 KG 10,967.18
3 HONEY MILK [IVORY] 2,046.85 KG 2,871.00
4 SEA WEED [PEARL] 828.30 KG 4,257.00
5 ALOE VERA [HERBAL] 1,031.94 KG 3,012.90
6 ALMOND OIL-Evaforever 701.20 KG 1,952.00
TOTAL: 10,413.41 KG 25,868.08
EVA-COLOUR
1 ORANGE [GOLD] 92.01 KG 20,506.33
2 PINK [CLASSIC] 8.99 KG 30,581.00
3 IVORY 15.44 KG 24,523.27
4 BLUE[for eva 150 gr] 25.82 KG 19,463.26
5 GREEN [HERBAL] 10.40 KG 24,523.27
6 LAVENDAR -531-2[EVAFOREVER] 85.03 KG 19,557.00
7 BLUE[ New] 15.15 KG 19,463.26
TOTAL: 252.84 KG 158,617.39
PACKAGING MATERIALS
1 CELLO TAPE 586.00 Rolls 1,083.33
2 BOPP WRAPPER 14,542.43 KG 600.00
3 MEDITOL BOPP FILM 390.20 KG 600.00
TOTAL: 2,283.33
SN UNIT CARTONS-150g glued
1 GOLD 944,232 PCS 6.50
2 CLASSIC 611,336 PCS 6.50
3 IVORY 599,667 PCS 6.50
4 PEARL 153,765 PCS 6.50
5 HERBAL 230,715 PCS 6.50
6 EVA FOREVER 405,999 PCS 6.50
TOTAL: 2,945,714 PCS 39.0
SN UNIT CARTONS-80g glued
1 GOLD 157,624 PCS 3.85
2 CLASSIC 102,650 PCS 3.85
3 IVORY 93,350 PCS 3.85
4 PEARL 139,668 PCS 3.85
5 HERBAL 137,124 PCS 3.85
TOTAL: 630,416 PCS 19
SN OUTER CARTONS-150g
1 GOLD 210,167 PCS 63.00
2 CLASSIC 229,000 PCS 63.00
3 IVORY 112,604 PCS 63.00
4 PEARL 1,803 PCS 63.00
5 HERBAL 22,904 PCS 63.00
6 EVA FOREVER 50,842 PCS 63.00
TOTAL: 627,320 PCS 378
SN OUTER CARTONS-80g
1 GOLD 5,373 PCS 50.00
2 CLASSIC 5,319 PCS 50.00
 3 IVORY 2,116 PCS 50.00
4 PEARL 1,502 PCS 50.00
5 HERBAL 1,850 PCS 50.00
6 FOREVER 6,963 PCS 50.00
TOTAL: 16,160 PCS 300
SN EVA PRINTED PAPER BOARD [150g]-Un-Die Cutted
1 GOLD 555,382 SHTS 117.00
2 CLASSIC 508,475 SHTS 117.00
3 IVORY 159,678 SHTS 117.00
4 PEARL 26,324 SHTS 117.00
5 HERBAL 49,211 SHTS 117.00
6 EVA FOREVER 156,090 SHTS 117
TOTAL: 1,455,160 SHTS 702
SN EVA PRINTED PAPER BOARD [150g]-Die Cutted
1 GOLD 59 SHTS 117.00
2 CLASSIC 11,035 SHTS 117.00
3 IVORY 159 SHTS 117.00
4 PEARL 3,222 SHTS 117.00
5 HERBAL 11,665 SHTS 117.00
6 EVA FOREVER 58 SHTS 117.00
TOTAL: 26,199 SHTS -
SN EVA PRINTED PAPER BOARD [80g ]-Un-Die Cutted
1 GOLD 111,479 SHTS 83.60
2 CLASSIC 133,682 SHTS 83.60
3 IVORY 58,263 SHTS 83.60
4 PEARL 31,885 SHTS 83.60
5 HERBAL 36,255 SHTS 83.60
6 EVA FOREVER 14,254 SHTS 83.60
TOTAL : 371,564 502
SN EVA PRINTED PAPER BOARD [80g ]-Die Cutted
1 GOLD 48,514 SHTS 83.60
2 CLASSIC 24,010 SHTS 83.60
3 IVORY 10,518 SHTS 83.60
4 PEARL 1,018 SHTS 83.60
5 HERBAL 9,259 SHTS 83.60
6 EVA FOREVER 21,596 SHTS 83.60
TOTAL : 93,320 502
S/N MEDITOL-ACTIVE INGREDIENT
2 Monosulfiram BP 7,670.68 KG 8,480.00
3 Para Chloro Meta Xylenol(PCMX) 880.33 KG 4,902.50
4 Trichlorocarbanilide(TCC) 1,701.21 KG 2,981.25
5 Phenol 835.86 KG 1,850.00
6 Salycylic Acid 26.94 KG 1,500.00
 TOTAL : 19,713.75
S/N MEDITOL-EXTRACTS
1 Menthol Crystals BP-Cool 789.07 KG 1,989.06
2 AVOCADO-Original 282.79 KG 4,290.00
3 SHEA BUTTER-Classic 280.03 KG 4,290.00
4 OLIVE OIL-Gentle 273.08 KG 4,323.00
TOTAL : 14,892.06
S/N MEDITOL-PERFUME
1 ACTIFRESH 2,167.22 KG 3,458.25
2 SPRINGGREEN 2,247.25 KG 3,590.75
3 INTERLEMON 2,303.25 KG 3,153.50
4 PINE OIL 200.00 KG 1,150.00
5 MEERESFRISCHE 3,087.20 KG 2,706.00
TOTAL : 14,058.50
S/N MEDITOL-COLOUR
1 PEA GREEN 74.79 KG 13059.98
2 BROWN 92.68 KG 13059.98
3 BLUE 24.49 KG 13059.98
TOTAL : 39,179.94
S/N MEDITOL-Packing Material
1 STIFFNER 6,297.52 PCS 3.86
2 Meditol Herbal wrapper 1,184.08 PCS 3.86
3 Meditol Original wrapper 1,528.00 PCS 3.86
4 Meditol Cool wrapper 1,288.49 PCS 3.86
5 Meditol Gentle wrapper 1,409.29 PCS 3.86
6 Meditol Classic wrapper 1,343.48 PCS 3.86
TOTAL : 23.16
MEDITOL OUTER CARTONS
1 Meditol Herbal 2,793 PCS 45.15
2 Meditol Original 2,893 PCS 45.15
3 Meditol Cool 2,219 PCS 45.15
4 Meditol Gentle 2,450 PCS 45.15
5 Meditol Classic 2,486 PCS 45.15
1 Ink-Inject Coding Machine 53.00 Bottle 10,000
2 Ink-Outer Carton Coding Machine 88.00 Bottle 4300
3 Glue for unit cartons 929.54 KG 2,227.20
TOTAL : 16,752.95
GRAND TOTAL
VALUE REMARK
115,010
226,935
4,991
240,377
22,130
7,698
617,142
10,356
4,177
6,202
8,151
4,148
2,124
35,159
-
3,846,813
5,048
2,461,056
1,803,568
3,509,674
11,626,159

4,050,638
223,376,000
227,426,638

56,925,089.90
59,818,329.16
46,413,485.77
16,081,393.56
18,707,396.75
32,796,158.85
230,741,853.99

14,325,629.76
7,714,314.41
5,876,506.35
3,526,073.10
 3,109,132.03
1,368,742.40
35,920,398.05

1,886,818.18
274,901.78
378,617.22
502,463.52
255,120.48
1,662,878.91
294,950.13
5,255,750.23

634,831.38
8,725,458.00
234,120.00
9,594,409.38

6,137,508.00
3,973,684.00
3,897,835.50
999,472.50
1,499,647.50
2,638,993.50
19,147,141

606,852.40
395,202.50
359,397.50
537,721.80
527,927.40
2,427,102

13,240,521.00
14,427,000.00
7,094,052.00
113,589.00
1,442,952.00
3,203,046.00
39,521,160

268,650.00
265,950.00
 105,800.00
75,100.00
92,500.00
348,150.00
1,156,150

64,979,694.00
59,491,575.00
18,682,326.00
3,079,908.00
5,757,687.00
18,262,530.00
170,253,720

6,909.50
1,291,121.00
18,551.00
377,006.50
1,364,857.00
6,799.00
3,065,244

9,319,644
11,175,815
4,870,787
2,665,586
3,030,918
1,191,634
32,254,385

4,055,745
2,007,261
879,334
85,122
774,069
1,805,426
9,606,957

65,047,345.20
4,315,793.31
5,071,721.58
1,546,341.00
40,408.50
 76,021,609.59

1,569,499.62
1,213,179.40
1,201,350.15
1,180,538.67
5,164,567.84

7,494,797.56
8,069,312.94
7,263,313.07
230,000.00
8,353,957.79
31,411,381.35

976,768.96
1,210,409.39
319,832.38
2,507,010.74

24,308.44
4,570.53
5,898.10
4,973.58
5,439.87
5,185.83
50,376.35

126,104
130,619
100,188
110,618
112,243
530,000
378,400
2,070,274
3,558,445.19
905,084,298.29
 TRADE CREDITORS SCHEDULE FOR THE YEAR
ENDED 31/12/2015 REMARK
S/N NAME $ VALUE NAIRA AMOUNT
IFFCO 302,000.00 (77,340,875.00) DR
WILMAR 1,242,800.00 (246,112,815.13) DR
LUCK WORLD 113,129,852.98 CR
FIRMENICHE 306,323,442.00 CR
SYMRISE 25,587,672.00 CR
ERNZO 14,353,700.00 CR
NICAPACO 9,998,100.00 CR
EUROCHEMCO 1,886,052.00 CR

TOTAL 1,242,800.00 147,825,128.85 CR

OK
 EVANS INDUSTRIES
TRADE DEBTORS SCHEDULE FOR THE YEAR ENDED 31/12/2015 REMARK
S/N NAME QTY AMOUNT
1 AMACO 4,729 17,499,000.00 CR
2 B.N IGWE 3,642 13,475,000.00 CR
3 CHICO MARIO 1,151 4,258,000.00 CR
4 HISBREATH-150GRM 114 421,300.00 CR
5 KINGSLEY UDECHUKWU 5,876 21,741,500.00 CR
6 TOCHUKWU AFAM 3699 13,685,000.00 CR
7 CHIGBO COLLOINS 3703 13,701,200.00 CR
8 DEKENZ GLOBAL 60 7,875,000.00 CR
9 SUNDAY NNOLI 4,651.00 17,207,500.00 CR
10 ISHOLA FORTUNE 3,850.00 14,245,000.00 CR
11 HISBREATH-80GRM (1,022) (3,066,000.00) DR
12 HISBREATH-MEDITOL (302) (1,359,813.00) DR
TOTAL 30,151 119,682,687.00 CR

HAULAGE DEBTORS SCHEDULE FOR THE YEAR ENDED 31/12/2015

S/N NAME TRIPS AMOUNT
1 TOCHKWU AFAM 200,000.00 CR
2 HISBREATH (280,000.00) DR
3 KINGSLEY (570,000.00) DR
TOTAL - (650,000.00) DR

88,287,300.00
OK

OK
Description Asset ID Location ID Qty HISTORICAL COST
COMPUTER EQUIPMENT;
HP COMPUTERS CE-0001-1 ADMIN BLOCK 4 560,000.00
UPS 10KVA CE-0002-1 ADMIN BLOCK 1 950,370.00
SERVER CE-0003-1 ADMIN BLOCK 1 390,000.00
NETWORKING CE-0004-1 ADMIN BLOCK 1 700,000.00
SERVER HP ML350GS 5405 CE-0005-1 ADMIN BLOCK 1 804,000.00
PRINTER (INVOICE) CE-0006-1 ADMIN BLOCK 1 33,000.00
HP COMPUTER SYSTEM CE-0008-1 ADMIN BLOCK 2 280,000.00
HP COMPUTER SYSTEM CE-0008-2 ADMIN BLOCK 1 120,000.00
HP COMPUTER SYSTEM CE-0008-3 ADMIN BLOCK 3 424,825.00
HP DESTOP /MONITOR G630 CE-0009-1 ADMIN BLOCK 2 272,800.00
HP 6000P COMPUTER SYSTEM CE-0010-1 ADMIN BLOCK 1 136,000.00
HP 6300 COMPUTER SYSTEM CE-0011-1 ADMIN BLOCK 1 327,000.00
NETWORK SERVER 2012 CE-0012-1 ADMIN BLOCK 1 3,510,605.00
HP COMPUTER SYSTEM FOR WAREHOUSE OFFICER CE-0013 ADMIN BLOCK 1 120,500.00
LENOVO - LAPTOP COMPUTER-HR&ADMIN CE-0014 ADMIN BLOCK 1 103,440.00
HP COMPTER-CORE 3 500GB CE-0017 ADMIN BLOCK 1 226,500.00
MERCURY ELITE 1500 UPS ADMIN BLOCK 13 171,600.00
HP 600GB I CORE3 COMPUTER CE-0020 PROD FLOOR 1 159,000.00
HP COMPTERS FOR QC,MAINTENANCE& ACCOUNT CE-0021-0023 ADMIN BLOCK/ FACTORY STORE 3 550,000.00
TOTAL COMPUTER EQUIPMENT 9,839,640.00
COMPUTER SOFTWARE;
SOFTWARE CS-0001-1 ADMIN BLOCK 1 3,266,208.00
INSTALLATION CS-0002-1 ADMIN BLOCK 1 1,350,000.00
TOTAL COMPUTER SOFTWARE 4,616,208.00
FURNITURES AND FITTINGS;
SAFE FF-0001-1 ADMIN BLOCK 2 290,000.00
CLOCK ROOM LOCKER FF-0002-1 ADMIN BLOCK 1 100,000.00
WS 71011 BCH 4 GRN 3PERS (SETS) FF-0003-1 ADMIN BLOCK 2 328,000.00
COUNTER SET BE160 WITH EXTENSION FF-0004-1 ADMIN BLOCK 2 107,600.00
OC 3001 LEATHER BLACK CHAIR FF-0005-1 ADMIN BLOCK 2 118,000.00
SB BE 202 WITH SLIDING DOOR CABI FF-0006-1 ADMIN BLOCK 4 82,000.00
BENCH 5 SEATERS 820 (SET) FF-0007-1 ADMIN BLOCK 1 135,000.00
OFFICE TABLE PRIME FULL SET CHAI FF-0008-1 ADMIN BLOCK 1 350,000.00
OFFICE TABLE PRIME CHR/HM (SET) FF-0009-1 ADMIN BLOCK 1 135,000.00
MT GE 3010 (SET) FF-0010-1 ADMIN BLOCK 1 73,000.00
OT GE 120 + H3 (SET) FF-0011-1 ADMIN BLOCK 2 57,000.00
OT GE 160 + H3 (SET) FF-0012-1 ADMIN BLOCK 3 96,000.00
ML 107-1 FF-0013-1 ADMIN BLOCK 2 30,000.00
OS - 865 FF-0014-1 ADMIN BLOCK 2 26,000.00
C TOP 5 FEET GE (SET) FF-0015-1 ADMIN BLOCK 1 70,750.00
CMT GE PCD 118 FF-0016-1 ADMIN BLOCK 3 22,200.00
9926 BLACK CHAIR FF-0017-1 ADMIN BLOCK 4 68,000.00
8706 BLACK CHAIR FF-0018-1 ADMIN BLOCK 6 114,000.00
EXECUTIVE OFFICE CHAIRS IN BOARD ROOM FF-0019-1 ADMIN BLOCK 4 118,000.00
OFFICE TABLE & CHAIR FF-0020-1 ADMIN BLOCK 2 36,000.00
PRODUCTION TABLE FOR LINE 3 FF-0021 PROD.FLOOR 3 160,000.00
TOTAL FURNITURES AND FITTINGS 2,516,550.00
MOTOR VEHICLES;
TOYOTA COROLLA MV-0001-1 IKEJA-POOL CAR 1 2,100,000.00
VOLKWAGEN TRUCK MV-0002-1 IKEJA 1 11,410,000.00
TATA TRUCK LPT 1618 MV-0003-1 IKEJA-DISTRIBUTION 1 7,200,000.00
KIA SL SPOTAGE 2.0 MV-0004-1 IKEJA-GM 1 4,950,000.00
IVECO LEONCINO DL60Y13 MV-0006-2 IKEJA-DISTRIBUTION 1 5,800,000.00
BMW SECURITY SUV FOR MD MV-0015 VICTORIA ISLAND 1 45,000,000.00
BMW SECURITY SUV FOR DIRECTOR-SUNNY MV-0016 ONITSHA 1 45,000,000.00
NISSAN SENTRA 1.8 L ACENTA KTU 195 DN MV-007 AMUWO-STONE 1 4,800,000.00
NISSAN SENTRA 1.8 L ACENTA KTU 196 DN MV-008 IKEJA-SHETTY 1 4,800,000.00
HYUNDAI -ELANTRA1.6L MV-009 IKEJA-RICK 1 4,089,750.00
TOTAL FOR MOTOR VEHICLE 135,149,750.00
OFFICE EQUIPMENTS;
A/C SPLIT UNITS OE-0001-1 ADMIN BLOCK 7 240,500.00
LAB EQUIPMENT OE-0002-1 PROD.FLOOR 1 1,822,082.00
FAX MACHINE OE-0003-1 ADMIN BLOCK 1 60,000.00
FIRE EQUIPMENTS OE-0004-1 ADMIN BLOCK 8 1,014,996.13
COPIER OE-0005-1 ADMIN BLOCK 1 353,981.25
SCANNER OE-0006-1 ADMIN BLOCK 1 13,500.00
COLOUR PRINTER OE-0007-1 ADMIN BLOCK 1 66,000.00
WATER DISPENSERS OE-0008-1 ADMIN BLOCK 2 30,000.00
TELEPHONE BOXES (INTERCOMM) OE-0009-1 ADMIN BLOCK 10 243,000.00
WATER PLANT AND OVER HEAD TANK OE-0010-1 IKEJA 1 5,024,000.00
TYPEWRITER OE-0011-1 ADMIN BLOCK 1 67,500.00
CCTV CAMERA OE-0012-1 IKEJA 16 1,850,000.00
LAZER JET PRINTER OE-0013-1 ADMIN BLOCK 1 75,000.00
AIR CONDITIONER OE-0014-1 ADMIN BLOCK 1 145,000.00
AIRCONDITIONER ( 4) OE-0015-1 CHEMICAL STORE/PANEL ROOM 4 346,000.00
OX INDUASTRIAL FAN OE-0016-1 PROD.FLOOR 3 39,000.00
STABILLIZER OE-0017-1 PROD.FLOOR 1 400,000.00
LG -AIRCONDITIONER (3) OE-0018 SERVER RM, SPARE PARTS ROOM 3 324,500.00
32" SAMSUNG FLAT SCREEN TELEVISON OE-0019 RECEPTION 1 50,000.00
11 PCS OF CCTV CAMERAS OE-0020 FACTORY SURROUNDING 1 2,677,500.00
INDUSTRIAL SCALE 300 KG OE-0021 LAB 1 184,800.00
WASHING/DRY MACHINE OE-0024-25 PROD.FLOOR 1 795,508.00
PANASONIC A/C PCL 18QKH OE-0020-2 MEETING ROOM/PANEL ROOM 2 230,000.00
PANASONIC A/C PCL 18QKH OE-0023 GUEST HOUSE 1 115,000.00
PANASONIC A/C PCL 18QKH OE-0022 PANEL ROOM 1 85,000.00
50KVA IND STABILIZER-EMS21EH3P-240 OE-0026 PROD.FLOOR 1 420,000.00
DLP 3500 LUMENS PROJECTOR SYS007 OE-0027 ADMIN BLOCK 1 112,200.00
KARCHER COLD WATER HIGH PRESSURE WASHER OE-0030 PROD.FLOOR 1 386,600.00
PANASONIC A/C PCL 18QKH OE-0028-29 LAB/ SPARE PARTS STORE 2 200,000.00

TOTAL FOR OFFICE EQUIPMENT 17,371,667.38

PLANT AND MACHINERIES;
NEW MAZZONI STAMPER MACHINE PM - 0019-1 PROD.FLOOR 1 38,781,489.40
MILLINDIA: 2000KG/HR TOILET SOAP PM-0001-1 PROD.FLOOR 1 47,317,820.91
MAZZONI:ELECTRONIC SOAP CUTTER T PM-0002-1 PROD.FLOOR 1 34,444,154.74
MARCHESINI:OVERWRAPPING MACHINE PM-0003-1 PROD.FLOOR 1 31,325,969.92
ACMA: AUTOMATIC SOAP CARTON MACH PM-0004-1 PROD.FLOOR 1 58,231,574.71
KHOSLA: FLOW WRAPPING MACHINE PM-0005-1 PROD.FLOOR 1 7,799,337.74
500 KVA GENERATOR GAS PM-0006-1 PROD.FLOOR 1 22,434,194.16
GAS PIPELINE PM-0007-1 PROD.FLOOR 1 1,460,670.58
PLAT FORM & ELECTRICAL PM-0008-1 PROD.FLOOR 1 18,767,331.82
ADDITIONAL STEEL PLATFORM PM-0009-1 PROD.FLOOR 1 7,482,481.00
INDUSTRIAL WEIGHING 2.5 TONS TRO PM-0010-1 PROD.FLOOR 1 248,059.53
STABILLIZER FOR ALL MACHINE PM-0011-1 PROD.FLOOR 1 1,682,329.12
INKJET CODING MACHINE PM-0012-1 PROD.FLOOR 1 1,653,937.15
UPS (FACTORY MACHINE) PM-0013-1 PROD.FLOOR 4 5,438,800.00
500KVA DIESEL GENERATOR PM-0014-1 PROD.FLOOR 1 14,381,620.08
TAPING MACHINE PM-0015-1 PROD.FLOOR 1 620,000.00
CONVEYOR PM-0016-1 PROD.FLOOR 1 100,000.00
CONVEYOR PM-0017-1 PROD.FLOOR 1 80,000.00
LONG LADDER FOR FACTORY PM-0018-1 PROD.FLOOR 1 57,000.00
KHOSLA FLOW WRAPPING MACHINE PM-0020-1 PROD.FLOOR 1 12,426,305.00
MILLINDIA - BATCH HOPPER MIXER PM-0021-1 PROD.FLOOR 1 44,017,950.00
MILLINDIA - TRIPLE ROLL MILL PM-0022-1 PROD.FLOOR 1 20,762,497.90
DIE CUTTIN AND GLUING MACHINE PM-0023-1 PROD.FLOOR 1 38,907,126.00
OVERWRAPPER MACHINE PM-0024-1 PROD.FLOOR 1 40,463,971.20
MAZZONI CUTTER FOR LINE TWO PM-0025-1 PROD.FLOOR 1 25,677,372.84
CODING MACHINE PM-0026-1 PROD.FLOOR 2 4,883,685.00
TONGJI CARTONING MACHINE PM-0024-2 PROD.FLOOR 1 13,837,635.00
NOODLES TRANSPORTATION SYSTEM PM -0027 PROD.FLOOR 1 16,414,207.45
MI CRAYON PLUS CODING MACHINE PM -0030 PROD.FLOOR 1 652,500.00
UNIT CARTON CODING MACHINE FOR LINE 3 PM -0031 PROD.FLOOR 1 2,731,985.00
OUTER CARTON CODING MACHINE LINE 3 PM-0032 PROD.FLOOR 1 330,707.35
3.5 TONS HOIST-LINE-3 PM-0033 PROD.FLOOR 1 880,000.00
SELA MACHINE-LINE 3 DOSING-STAMPER PM-0034 PROD.FLOOR 1 116,711,391.00
PLATFORM FOR LINE -3 PM-0035 PROD.FLOOR 1 9,400,000.00
MARCHESINI OVERWRAPER-LINE 3 PM-0036 PROD.FLOOR 1 57,805,888.00
HIGH SPEED TONGJI CARTONER-LINE 3 PM-0037 PROD.FLOOR 1 36,729,788.75
CUMMINS GENERATOR-1450 KVA GAS PM-0038 PROD.FLOOR 1 139,823,197.62
CHILLER-LINE 3 PM-0039 PROD.FLOOR 1 5,376,240.00
ATLAS COPCO AIR COMPRESSOR-GA55+FFA 10 PM-0040 PROD.FLOOR 1 7,062,600.00
HIGH SPEED GLUING MACHINE PM-0041 PROD.FLOOR 1 11,358,242.25

TOTAL FOR PLANT AND MACHINERIES 898,560,061.22

HAUALGE SEGMENT-MOTOR VEHICLES;

MACK TRUCK FST 246 XB-TRUCK 1 MV-0005-1 IKEJA 1 25,352,600.00
MACK TRUCK KJA 602 XC-TRUCK 2 MV-0006-1 IKEJA 1 25,020,400.00
MACK TRUCK GGE 467 XC-TRUCK 3 MV-0007-1 IKEJA 1 24,960,990.00
MACK TRUCK KRD 934 XC-TRUCK-4 MV-0008-1 IKEJA 1 24,590,010.00
HOWO TRUCK KSF 266 XJ-TRUCK-5 MV-0007-2 IKEJA 1 14,867,140.67
HOWO TRUCK KSF 267 XJ-TRUCK-6 MV-0009 IKEJA 1 14,240,063.66
HOWO TRUCK KSF 268XJ-TRUCK-7 MV-0010 IKEJA 1 12,882,195.67
HOWO TRUCK JJJ 707 XH-TRUCK 8 MV-0011 IKEJA 1 14,830,025.00
IVECO TRUCK LND 206 XL-TRUCK 9 MV-0012 IKEJA 1 17,552,025.00
IVECO TRUCK LND 207 XL TRUCK 10 MV -0013 IKEJA 1 16,430,025.00
HOWO TRUCK APP 245 XN TRUCK 11 MV-0014 IKEJA 1 16,209,025.00
MACK TRUCK KRD 899 XP TRUCK 12 MV-0015 IKEJA 1 22,000,000.00
HOWO TRUCK LSD 427 XP TRUCK 13 MV -0016 IKEJA 1 19,131,052.00
HOWO TRUCK BDG 282 XQ TRUCK 14 MV-0017 IKEJA 1 20,392,238.00
TOTAL FOR HAULAGE VEHICLES 268,457,790.00

GRAND TOTAL OF ALL FIXED ASSET 1,336,511,666.60

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