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NOTES TO THE CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER, 2016 17.5 Details of non-wholly owned subsidiaries that have material non-controlling interests The table below shows details of non-wholly owned subsidiaries of the Group that have material non-controlling interests: Place of incorporation Proportion of ownership interests and and principal voting rights held place of by non-controlling business interests 2016 2015 Name of subsidiaries Sephaku Cement (Pty) Limited South Africa 36.00% 36.00% Dangote Industries (Zambia) Ltd Zambia Dangote Industries (Ethiopia) Plc Ethiopia Dangote Industries Limited Dangote Cement Senegal S.A 25.00% 25.00% 6.00% 6.00% Tanzania Senegal 10.00% 10.00% Dangote Cement Cameroun S.A Cameroun 20.00% 20.00% Profit/(loss) allocated to non-controlling interests 2016 769 470 47 2015 (1,017) 76 30.00% 30.00% (6,409) (846) (498) (436) (1,208) (417) Accumulated non-controlling interests 2016 11,626 (2,945) (797) (13,169) (5,359) (1,820) 2015 ₦’million ₦’million ₦’million ₦’million (174) 5,367 (3,819) (228) (3,609) (2,951) (844) 190 Annual Report 2016

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