Sustainability Investor Presentation
Financial Pillar - XBRL Reporting
8
DECENT WORK AND
ECONOMIC GROWTH
First Nigerian listed company to report its financial results using extensible Business
Reporting Language (XBRL) format with the IFRS taxonomy
DANGOTE
CEMENT
M
9
INDUSTRY, INNOVATION
AND INFRASTRUCTURE
"E
Investor Presentation
Quotes
We believe that adopting XBRL reporting will strong benefit Dangote
Cement's existing and potential investors. It represents another step in
Dangote Cement's continuing efforts to modernise and enhance transparency
of, and access to, companies' disclosures.
It will enable our publicly available financial information to be captured
accurately and promptly, thus bringing uniformity of our results on all the
platforms and ensuring that investors and analysts who use these platforms
have the correct information. Although XBRL reporting is not mandatory for
companies listed on the Nigerian Exchange, it is becoming a universal format
to exchange financial data and promotes the coordination of international
reporting requirements.
The implementation of XBRL demonstrates Dangote Cement's strong
dedication to reaching international reporting and corporate governance
standards. As Africa's leading cement producer, we are leading the way with
our commitment to sustainability and best practice. We are driven by the goal
of achieving the highest level of governance and building a prosperous and
sustainable brand for all our stakeholders. Transparency and consistency are
at the core of every part of our business culture."
樂
DANGOTE
Dangote Cement reports its financial results using XBRL
format with the IFRS taxonomy
Dangote Cement has become the first Nigerian listed company to report its financial results using IFRS taxonomy. It
announced that its financial information has been made available to investors in extensible Business Reporting
Michel Puchercos
Chief Executive Officer, Dangote Cement
Dangote Cement | Page 26View entire presentation