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NOTES TO THE CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER, 2016 17.3 Investment in associate Group Societe des Ciments d’ Onigbolo 31-Dec-16 31-Dec-15 ₦’million 1,582 1,582 ₦’million 1,582 1,582 Company 31-Dec-16 31-Dec-15 ₦’million 1,582 1,582 The entity is not yet in to full operations and the share of income attributable to the group is immaterial. ₦’million 1,582 1,582 188 Annual Report 2016

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