2. PREFERENCE SHARE CAPITAL

4. LONG TERM FINANCE BORROWED FUNDS OWNED FUNDS SHARES RETAINED EARNING

6. A SHAREHOLDER- MEMBER OF THE COMPANY NUMBERS OF MEMBERS (MEMBERSHIP ) IN CASE OF A COMPANY PUBLIC COMPANY PRIVATE COMPANY MINIMUM 7 2 MAXIMUM 50 UNLIMITED

7. AUTHORISED CAPITAL ISSUED CAPITAL UNISSUED CAPITAL SUBSCRIBED CAPITAL UNSUBSCRIBED CAPITAL CALLED UP CAPITAL UNCALLED CAPITAL RESERVE CAPITAL CALLS IN ARREARS (UNPAID CAPITAL) PAID UP CAPITAL

8. SHARES EQUITY SHARES PREFERENCE SHARES

10. NO FIXED RATE OF DIVIDEND

11. RIGHT TO VOTE

13. RIGHT OF CONTROL

14. PRE-EMPTIVE RIGHT

16. NO FIX DIVIDEND

18. FLOATATION COST IS HIGHER

19. OVER CAPITALISATION

21. OWNERS OF THE COMPANY

23. CONTROL OVER THE MANAGEMENT

25. TYPES OF PERFERENCE SHARES PARTICIPATING AND NON PARTICIPATING SHARES REDEEMABLE AND IRREDEEMABLE SHARES CUMULATIVE AND NON CUMULATIVE SHARES CONVERTIBLE AND NON CONVERTIBLE SHARES

27. PREFERENCIAL RIGHTS

28. PREFERENCIAL RIGHT ON FIXED DIVIDENDS.

29. DEMAND UNPAID ARREARS

30. VOTING RIGHTS

31. CONVERSION OF SHARES

33. CUSHION FOR RAISING BORROWED FUNDS

34. PROPOTION

35. NO OBLIGATION

36. SAFETY TO THE LENDERS

39. EFFICIENCY AND PRODUCTIVITY

40. CONFIDENCE OF SHAREHOLDERS

41. ENHANCES CREDITWORTHYNESS

42. LESS FINANCIAL RISK

44. HELPS EXPANSION AND DIVERSIFICATION

45. HELPS AUTOMATION AND MODERNISATION

46. USED TO MEET WORKING CAPITAL NEEDS

47. FOLLOWS A STABLE DIVIDEND POLICY

49. BONUS SHARES

50. REGULAR DIVIDENDS

52. HELPS SPEEDY DEVELOPMENT

53. BENEFITS TO THE CONSUMERS

55. CHANCES OF OVER CAPITALISATION

56. IMPROPER USE OF RETAIN EARNINGS

57. NO SHARE OF DIVIDEND

58. LEAD TO EXCESSIVE SPECULATIONS

59. LEAD TO MORE DEMENDS FROM EMPLOYEES

61. TAXATION POLICY OF THE GOVERNMENT

62. DIVIDEND POLICY

63. GOVERNMENT ATITUDES AND CONTROL

65. STABLE DIVIDEND POLICY

66. INCREASE IN MORALE OF MANAGEMENT

68. INCREASE IN EQUITY

71. FEAR OF OVER-CAPITALISATION

73. THANK YOU