Vol. CXIV No. 73
Showing 101–110 of 393 notices
GAZETTE NOTICE NO. 10700
THE REGISTERED LAND ACT
GAZETTE NOTICE NO. 10701
THE REGISTERED LAND ACT
GAZETTE NOTICE NO. 10702
THE REGISTERED LAND ACT
GAZETTE NOTICE NO. 10703
the provisions of section 42 of the East African Community Customs Management Act
GAZETTE NOTICE NO. 10704
the provisions of section 42 of the East African Community Customs Management Act
GAZETTE NOTICE NO. 10705
THE YEAR ENDED 30 JUNE 2011 i) STATEMENT OF NET ASSETS AS AT 30 JUNE 2011 30 JUNE 2011 30 JUNE 2010 Kshs.'000' Kshs.'000' Non-Current Assets Property Plant and Equipment 147,256 133,453 147,256 133,453 Investments Undeveloped Land 7,847,007 7,180,892 Land and Buildings 25,973,417 20,722,427 Tenant Purchase Scheme 4,362,015 5,276,081 Quoted Equities 39,044,853 36,221,872 Government of Kenya Stocks - 408,800 Unquoted Stocks and Equities 2,227,427 1,380,500 Treasury Bonds 27,851,297 23,596,448 Corporate Bond 2,057,840 1,043,300 Deposits with Financial Institutions 1,663,106 432,309 Total Investments 111,026,962 96,414,613 Current Assets Debtors and Prepayments 1,194,973 1,232,914 Taxation recoverable 911,279 911,279 Accrued Income 492,966 938,603 Cash and Bank Balances 963,199 1,358,315 Total Current Assets 3,562,417 4,280,124 Current Liabilities Creditors and Accruals 4,371,493 2,221,540 Total Current Liabilities 4,371,493 2,221,540 Net Current Assets (809,076) 2,219,571 Total Net Assets 110,365,142 98,606,651 Financed by:- Members‘ Funds 110,365,142 98,606,651 3rd August, 2012 THE KENYA GAZETTE 2821 ii) STATEMENT OF CHANGES IN NET ASSETS FOR THE YEAR ENDED 30 J UNE 2011 iii) CASH FLOW STATEMENT FOR THE YEAR ENDED 3O JUNE 2011 30 JUNE 2011 30 JUNE 2010 Kshs.'000' Kshs.'000' Cash Flows from Operating Activities Net increase / (decrease) in assets 11,569,173 17,360,118 Adjustments for; Depreciation 130,944 75,128 Reversal of Accrued Contributions (248,810) (977,095) Accrued Rent Expenses - 118,511 Profit on Sale of Property and Equipment - 2,612 Market Gain in Securities and properties (5,397,205) (9,541,447) Operating Surplus before Working Capital Changes 6,054,102 7,037,827 Working Capital changes Increase in Debtors & Prepayments 37,941 220,644 Decrease/(increase) in Accrued Income 445,637 (38,911) Decrease in Creditors & Accruals 2,147,954 475,768 2,633,531 7,695,327 Total Cash flows from Operating Activities 8,687,634 7,695,327 Investing Activities Redemption / (Acquisition) of Stocks (1,287,409) (1,312,930) Redemption / (Acquisition) of Treasury Bonds (3,371,999) (5,857,196) Redemption / (Acquisition) of Corporate Bond (1,000,000) (917,100) Increase / (Decrease) in Placement of Deposits with Financial Institutions (1,230,798) 29,467 Development of Land & Buildings (3,158,391) (1,064,895) Proceeds from sale of Land & Buildings 205,528 400,000 Receipts from Tenant Purchase Scheme 905,066 1,875,734 Purchase of Property, Plant and Equipment (144,746) 54,213 Proceeds from sale of Property, Plant and Equipment - (2,612) Total Cash flow from Investing activities (9,082,749) (6,795,318) Net Increase in Cash and Cash Equivalents (395,116) 900,010 add; Cash and Cash Equivalent as at the beginning 1,358,315 458,305 Net Cash and Cash Equivalents as at the end 963,199 1,358,315 iv) UNDEVELOPED LAND AS AT 3O JUNE 2011 30 JUNE 2011 30 JUNE 2010 Kshs.'000' Kshs.'000' Ngong Road Plot 280,000 220,000 Tassia Estate 20,448 20,448 Nyali Plot 9,832 9,832 Mtwapa Plot 192,442 400,000 Athi River Plot 595,446 595,446 Outering Road Plot 140,000 122,350 Mavoko Plots 2,088,000 2,984,845 Upper Hill Plot 80,000 77,000 Bamburi Plot 850,000 228,800 Bishops Road Plot 325,000 302,500 Muthaiga Plot 850,000 495,000 Forest Edge Langata 160,000 110,000 Machakos Plots 200,000 82,500 Kileleshwa Plot 45,473 45,473 30 JUNE 2011 30 JUNE 2010 Kshs.'000' Kshs.'000' Dealings with members Contributions Receivable 6,838,451 6,789,513 Less: Benefits Payable 1,757,799 2,206,305 Net additions from dealings with members 5,080,652 4,583,208 Return on Investments Investment Income 6,318,832 6,663,768 Change in market value of investments 5,397,205 9,541,447 Net return on investments 11,716,036 16,205,215 Gross Revenue 16,796,688 20,788,423 less: Administrative Expenses 5,227,515 3,428,305 Increase /(decrease) in Net Assets during the period 11,569,173 17,360,118 THE KENYA GAZETTE 3rd August, 2012 2822 2822 Karen Plot 307,971 307,971 Kenyatta Avenue Plot 2,385,000 1,861,332 8,529,612 7,863,497 Provision for Losses on Suspended Projects (682,605) (682,605) TOTAL VALUE OF UNDEVELOPED LAND 7,847,007 7,180,892 V) LAND AND BUILDINGS AS AT 30 JUNE 2011 Social Security House & Annex - Nairobi 6,900,000 6,350,789 Social Security House –Mombasa 750,000 550,000 Bruce House – Nairobi 1,940,000 1,485,000 Hazian Trade Centre –Nairobi 2,900,000 2,365,000 Hazina Estate 1,091,173 1,091,173 Hazina Towers 950,000 858,000 View park Towers 1,850,000 1,320,000 Hazina Plaza ,Mombasa 470,000 440,000 Nyayo Estate Embakasi 11,517,362 8,882,582 Ojijo Road – Nairobi 450,000 385,000 Mountain View Development 488,447 488,447 Kitisuru Development 690,590 690,590 Millimani Flats 360,000 275,000 State House Road Houses 680,000 605,000 Kapsoya Estate 6,185 6,185 31,043,756 25,792,766 Less: Provision for foreseeable losses (5,070,339) (5,070,339) 25,973,417 20,722,427 vi) QUOTED SECURITIES AS AT 3O JUNE 2011 30 JUNE 2011 30 JUNE 2010 Kshs.'000' Kshs.'000' Kenya Power Lighting Co. Ltd. 71,431,136 Ordinary Kshs.2.50 Shares 3,550 Kshs. 20 Cum. Preference Shares Ksh.20 750 Cum. Kshs. 20 Preference Shares 1,535,823 1,282,793 East African Breweries Limited 41,521,138 Kshs.2 Ordinary Shares 8,096,622 7,514,841 B.A.T (K) Limited 5,700,136 Kshs.10 Ordinary Shares 1,504,836 1,225,529 Access Kenya Ltd 2,400,000 Kshs.1 Ordinary Shares 17,520 48,600 KenGen Company Ltd. 28,934,260 Kshs. 2.50 Ordinary Shares 392,059 453,638 Bamburi Portland Cement Co. Ltd 53,375,143 Kshs.5 Ordinary Shares 9,554,151 10,676,549 E.A. Portland Cement Co. Ltd. 24,300,000 Kshs.5 Ordinary Shares 1,944,000 2,794,500 Kenya Commercial Bank Limited 225,230,343 Kshs.10 Ordinary Shares 5,405,528 2,995,481 Housing Finance Co. of Kenya Ltd. 15,716,448 Kshs.5 Ordinary Shares 369,337 330,045 Sameer Africa Ltd. 5,677,550 Kshs.5 Ordinary Shares 29,523 50,246 National Bank Of Kenya Ltd. 134,547,725 Kshs.5 Ordinary Shares 4,675,533 3,796,168 Barclays Bank Of Kenya Ltd. 150,111,976 Kshs. 0.50 Ordinary Shares 2,581,926 2,207,733 Standard Bank Of Kenya Ltd. 4,053,694 Kshs.5 Ordinary Shares 948,564 852,556 Nation Media Group, Kenya Ltd. 6,839,892 Kshs. 2.50 Ordinary Shares 1,142,262 870,553 Athi River Mining Company 870,000 Kshs.5 Ordinary Shares 158,340 121,800 3rd August, 2012 THE KENYA GAZETTE 2823 Kenya Re. 20,089,638 Kshs. 2.50 Ordinary Shares 172,771 243,085 Safaricom Limited 130,647,400 Kshs 0.05 Ordinary Shares 516,057 757,755 TOTAL VALUE OF QUOTED SECURITI ES 39,044,853 36,221,872 Add: Shares in DSL (Cost) 1,201,143 1,201,143 40,245,996 37,423,015 Less: Provision for doubtful investments (DSL) (1,201,143) ( 1,201,143) 39,044,853 36,221,872 GOVERNMENT STOCKS 30 June 2011 30 June 2010 KSHS. ’000’ Kshs.’000’ 10% Kenya Stock 2010 - 408,800 - 408,800 vii) VALUATION REPORT 30 JUNE 2011 30 JUNE 2010 Market Book Valuation Value Undeveloped Land Kshs.'000' Kshs.'000' Ngong Road Plot 280,000 220,000 Tassia Estate 20,448 20,448 Nyali Plot 9,832 9,832 Mtwapa Plot 192,442 400,000 Athi River Plot 595,446 595,446 Outering Road Plot 140,000 122,350 Mavoko Plots 2,088,000 2,984,845 Upper Hill Plot 80,000 77,000 Bamburi Plot 850,000 228,800 Bishops Road Plot 325,000 302,500 Muthaiga Plot 850,000 495,000 Forest Edge Langata 160,000 110,000 Machakos Plot 200,000 82,500 Kenyatta Avenue 2,385,000 1,861,332 Kileleshwa Plot 45,473 45,473 Karen Plot 307,971 307,971 8,529,612 7,863,497 Less: Provision for losses on suspended projects (682,605) (682,605) 7,847,007 7,180,892 Land and Buildings Social Security House & Annex - Nairobi 6,900,000 6,350,789 Social Security House –Mombasa 750,000 550,000 Bruce House – Nairobi 1,940,000 1,485,000 Hazian Trade Centre –Nairobi 2,900,000 2,365,000 Hazina Estate 1,091,173 1,091,173 Hazina Towers 950,000 858,000 View park Towers 1,850,000 1,320,000 Hazina Plaza ,Mombasa 470,000 440,000 Nyayo Estate Embakasi 11,517,362 8,882,582 Ojijo Road – Nairobi 450,000 385,000 Mountain View Development 488,447 488,447 Kitisuru Development 690,590 690,590 Millimani Flats 360,000 275,000 State House Road Houses 680,000 605,000 Kapsoya Estate 6,185 6,185 31,043,756 25,792,766 Less: Provision for foreseeable losses (5,070,339) (5,070,339) 25,973,417 20,722,427 The valuation of Fund properties was carried out by Regent Valuers Ltd., Registered Valuers. viii) KEY HIGHLIGHTS 1.Growth in Net Assets Net Assets grew from KShs.98.61 billion in 2010 to KShs.110.37 billion in 2011, thereby registering an increase of 11.9%. 2. Increase in Contributions Contributions receivable rose from KShs.6.79 billion in 2010 to KShs.6.84billion in 2011, a marginal increase of 1%. 3. Investment Income Investment income decreased from KShs.6.66 billion in 2010 to KShs.6.32billion in 2011, a decrease of 5.18%. 4. Interest on Members’ Funds Section 19 (2) of the NSSF Act
GAZETTE NOTICE NO. 10706
THE KENYA INFORMATION AND CO MMUNICATIONS ACT (Cap. 411A)
GAZETTE NOTICE NO. 10707
THE WATER ACT