Corporate Results
[ 12th August 2011 ]
GTBANK PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 30TH JUNE 2011 |
|||
| 2011 (N'Million) |
2010 (N'Million) |
% Change | |
| GROSS EARNINGS | 91,842 | 82,962 | 10.70% |
| PROFIT BEFORE TAXATION | 31,900 | 25,722 | 24.00% |
| TAXATION | (6,646) | (7,497) | 11.40% |
| PROFIT AFTER TAXATION | 25,253 | 18,224 | 38.60% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 52,907 | 50,597 | 4.60% |
| INVESTMENT | 105,611 | 51,837 | 103.70% |
| TREASURY BILLS | 222,315 | 157,291 | 41.30% |
| LOANS AND ADVANCES | 627,333 | 593,463 | 5.70% |
| CASH AND BANK BALANCES | 71,427 | 28,855 | 147.50% |
| OTHER DEBIT BALANCES | 325,116 | 270,366 | 20.30% |
| DEPOSITS | 247,436 | 157,454 | 57.10% |
| SHORT TERM BORROWINGS | 20,938 | 22,936 | -8.70% |
| OTHER CREDIT BALANCES | 247,436 | 157,454 | 57.10% |
| NET ASSETS | 220,697 | 210,825 | 4.70% |
| Corporate Actions | |
| Proposed Dividend | 25 kobo |
| Proposed Bonus | Nil |
| Payment Date | 9th September 2011 |
| Closure Date | 26th August 2011 |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 20th May 2011 ]
MRS OIL NIGERIA PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 74,781 | 74,603 | 0.24% |
| PROFIT BEFORE TAXATION | 2,887 | 1,721 | 67.75% |
| TAXATION | (1,040) | (670.37) | -55.14% |
| PROFIT AFTER TAXATION | 1,847 | 1,050 | 75.90% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 18,209 | 3,036 | 499.77% |
| STOCKS | 8,637 | 4,844 | 78.30% |
| TRADE DEBTORS | 2,504 | 2,231 | 12.24% |
| CASH AND BANK BALANCES | 2,899 | 2,208 | 31.30% |
| OTHER DEBIT BALANCES | 8,747 | 5,986 | 46.12% |
| TRADE CREDITORS | 11,479 | 5,055 | 127.08% |
| SHORT TERM BORROWINGS | 517.346 | 934.044 | -44.61% |
| OTHER CREDIT BALANCES | 10,472 | 9,351 | 11.99% |
| WORKING CAPITAL | 2,860 | 1,069 | 167.54% |
| NET ASSETS | 18,528 | 2,965 | 524.89% |
| Corporate Actions | |
| Proposed Dividend | N1.25 kobo |
| Proposed Bonus | Nil |
| Payment Date | 27th July 2011 |
| Closure Date | 11th - 15th July 2011 |
| AGM Date | 26th July 2011 |
| AGM Venue | Nil |
[ 14th April 2011 ]
UBA PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
||
| 2010 |
2009 |
|
| GROSS EARNINGS | N185.186b | N244.110b |
| PROFIT BEFORE TAX & EXTRAORDINARY ITEMS | N16.541b | N13.662b |
| EXCEPTIONAL ITEMS | (N12.666b) | (N7.025b) |
| PROFIT BEFORE TAX | N3.875b | N6.637b |
| TAXATION | (N2.621b) | (N4.262b) |
| PROFIT AFTER TAXATION | N1.254b | N2.375b |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | N65.200b | N73.042b |
| TREASURY BILLS | N123.455b | N42.035b |
| LOANS AND ADVANCES | N628.811b | N636.793b |
| CASH AND BANK BALANCES | N68.056b | N68.225b |
| OTHER DEBIT BALANCES | N732.174b | N728.682b |
| DEPOSITS | N1.267tr | N1.245tr |
| OTHER CREDIT BALANCES | N171.099b | N116.298b |
| NET ASSETS | N179.426b | N186.829b |
| Corporate Actions | |
| Proposed Dividend | 5 kobo |
| Proposed Bonus | 1 for 4 |
| Payment Date | 17th May 2011 |
| Closure Date | 27th - 29th April 2011 |
| AGM Date | 13th May 2011 |
| AGM Venue | Grand Hotel, Asaba Delta State. |
[ 14th April 2011 ]
FIRST BANK OF NIGERIA PCL
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
||
| 2010 |
2009 |
|
| GROSS EARNINGS | N230.606b | N193.966b |
| PROFIT BEFORE TAXATION | N43.188b | N13.297b |
| TAXATION | (N9.777b) | (N8.396b) |
| PROFIT AFTER TAXATION | N33.411b | N4.901b |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | N53.986b | N47.980b |
| TREASURY BILLS | N23.769b | N14.219b |
| LOANS AND ADVANCES | N1.143tr | N1.078tr |
| CASH AND BANK BALANCES | N75.517b | N70.332b |
| OTHER DEBIT BALANCES | N1.008tr | N963.075b |
| TRADE CREDITORS | N1.450tr | N1.346tr |
| OTHER CREDIT BALANCES | N514.065b | N516.215b |
| NET ASSETS | N340.626b | N311.270b |
| Corporate Actions | |
| Proposed Dividend | 60 kobo |
| Proposed Bonus | Nil |
| Payment Date | 6th June 2011 |
| Closure Date | 9th - 13th May 2011 |
| AGM Date | 2nd June 2011 |
| AGM Venue | Congress Hall Transcorp Hilton, Abuja |
[ 5th April 2011 ]
CHEMICAL & ALLIED PRODUCTS PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 3,644 | 3,027 | 20.38% |
| PROFIT BEFORE TAXATION | 1,139 | 619.296 | 83.92% |
| TAXATION | (256.16) | (278.32) | -45.30% |
| PROFIT AFTER TAXATION | 882.856 | 340.980 | 158.92% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 247.875 | 245.154 | 1.11% |
| STOCKS | 307.498 | 333.892 | -7.90% |
| TRADE DEBTORS | 119.746 | 137.427 | -12.87% |
| CASH AND BANK BALANCES | 1,401 | 1,271 | 10.23% |
| OTHER DEBIT BALANCES | 293.225 | 173.585 | 68.92% |
| TRADE CREDITORS | 92.427 | 150.441 | -38.56% |
| SHORT TERM BORROWINGS | Nil | Nil | 0.00% |
| OTHER CREDIT BALANCES | 1,256 | 1,256 | 0.00% |
| WORKING CAPITAL | 829.162 | 643.824 | 28.79% |
| NET ASSETS | 1,021.000 | 754.441 | 35.33% |
| Corporate Actions | |
| Proposed Dividend | N2.00 |
| Proposed Bonus | 1 for 1 |
| Payment Date | 19th May 2011 |
| Closure Date | 25th - 28th April 2011 |
| AGM Date | 19th May 2011 |
| AGM Venue | Nil |
[ 29th March 2011 ]
BOC GASES PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 2,314 | 2,223 | 4.09% |
| PROFIT BEFORE TAXATION | 518.039 | 429.788 | 20.53% |
| TAXATION | (171.36) | (180.30) | -4.96% |
| PROFIT AFTER TAXATION | 346.680 | 249.484 | 38.96% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 1,026 | 1,110 | -7.57% |
| STOCKS | 363.045 | 363.491 | -0.12% |
| TRADE DEBTORS | 280.936 | 331.277 | -15.20% |
| CASH AND BANK BALANCES | 301.587 | 104.971 | 187.31°/0 |
| OTHER DEBIT BALANCES | 146.694 | 128.970 | 13.74% |
| TRADE CREDITORS | (86.22) | (50.31) | 71.38% |
| SHORT TERM BORROWINGS | Nil | 32.346 | 0.00% |
| OTHER CREDIT BALANCES | 892.175 | 1,046 | -14.71% |
| WORKING CAPITAL | 340.015 | 31.557 | 977.46% |
| NET ASSETS | 1,140 | 910.655 | 25.18°/0 |
| Corporate Actions | |
| Proposed Dividend | 30 kobo |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 29th March 2011 ]
DIAMOND BANK PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 91,022 | 67,735 | 34.38% |
| PROFIT BEFORE TAXATION | 4,772 | -12,734 | 137.47% |
| TAXATION | -3,444 | -4,199 | 17.98% |
| PROFIT/LOSS AFTER TAXATION | 1,328 | -8,174 | 116.25% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 36,750 | 37,567 | -2.17% |
| TREASURY BILLS | 51,302 | 9,090 | 464.38% |
| TRADE DEBTORS | 294.227 | 302.486 | -2.73% |
| CASH AND BANK BALANCES | 27,606 | 70,428 | -60.80% |
| OTHER DEBIT BALANCES | 184.907 | 230,822 | -99.92% |
| CUSTOMER DEPOSITS | 412,031 | 482,056 | -14.53% |
| OTHER CREDIT BALANCES | 75,678 | 62,246 | 21.58% |
| NET ASSETS | 106,084 | 106,093 | -0.01% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 24th March 2011 ]
STANBIC IBTC PLC
| AUDITED FINANCIAL FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| TURNOVER | 56,745 | 59,781 | -5% |
| PROFIT AFTER TAXATION | 13,528 | 10,342 | 31% |
| NET ASSETS | 9,455 | 8,138 | 16% |
| CORPORATE ACTION | |||
| DIVIDEND (Naira) | 0.39 | 0.3 | 30% |
| BONUS | None | None | |
| CLOSING DATE | 08-April | ||
| PAYMENT DATE | Later | ||
[ 22nd March 2011 ]
ZENITH BANK PLC
| AUDITED FINANCIAL FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| TURNOVER | 192,488 | 277,300 | -31% |
| PROFIT AFTER TAXATION | 37,414 | 20,603 | 82% |
| NET ASSETS | 363,561 | 337,793 | 8% |
| CORPORATE ACTION | |||
| DIVIDEND (Naira) | 0.85 | ||
| BONUS | None | ||
| CLOSING DATE | 06-April | ||
| PAYMENT DATE | 16-April | ||
[ 22nd March 2011 ]
GTBANK PLC
| AUDITED FINANCIAL FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| TURNOVER | 153,908 | 162,550 | -5% |
| PROFIT AFTER TAXATION | 38,346 | 23,686 | 62% |
| NET ASSETS | 210,825 | 192,245 | 10% |
| CORPORATE ACTION | |||
| DIVIDEND (Naira) | 0.75 | ||
| BONUS | 1 to 4 | ||
| CLOSING DATE | 07-April | ||
| PAYMENT DATE | 21-April | ||
[ 22nd March 2011 ]
ACCESS PLC
| AUDITED FINANCIAL FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| TURNOVER | 91,142 | 84,980 | 7% |
| PROFIT AFTER TAXATION | 11,068 | 4,402 | 251% |
| NET ASSETS | 175,370 | 168,346 | 4% |
| CORPORATE ACTION | |||
| DIVIDEND (Naira) | 0.30 | 0 | |
| BONUS | None | 1 for 10 | |
| CLOSING DATE | 13-May | ||
| PAYMENT DATE | Later | ||
[ 18th February 2011 ]
NESTLE NIGERIA PLC
The multinational food and beverage company released an outstanding result for the year 2010, with its actual figures beating our analysts' estimates. Nestle Nigeria Plc's turnover for the year was N82.73 billion an increase of 21% from N68.32 billion in the previous year and a 2% deviation from our forecasts of N80.96 billion, also a Profit after Tax of N12.69 billion confirmed its management's optimism in the Nigerian domestic market as reflected by its investments in a new factory located in Ogun State, as the PAT reflects a growth of 30% from the previous year's digits. In comparison to our analysts' estimates it shows an 8% deviation (PAT estimate of N11.64 billion).
Our outlook for the upcoming financial year is positive amidst a continuing business environment and an increased production capacity which would positively impact the company's top-line, however we have reservations on a possible adverse cost effect on it's bottom-line by the impending petroleum downstream deregulation and foreign exchange volatility.
| Corporate Actions | |
| Proposed Dividend | N10.60k |
| Proposed Bonus | 1 to 5 |
| Payment Date | 27th April, 2011 |
| Closure Date | 18th - 22nd April 2011 |
| AGM Date | Tuesday, 26th April 2011 |
| AGM Venue | Muson Centre, Onikan, Lagos @ 11.00am |
[ 14th September 2010 ]
CONOIL PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 101,853 | 124,213 | -18.00% |
| PROFIT BEFORE TAXATION | 3,784 | 3,282 | 15.30% |
| TAXATION | (1,472) | (1,461) | 205.00% |
| PROFIT/LOSS AFTER TAXATION | 2,312 | 1,821 | 27.00% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 8,139 | 8,222 | -1.00% |
| STOCKS | 4,095 | 6,516 | -37.20% |
| TRADE DEBTORS | 9,133 | 9,520 | -4.10% |
| CASH AND BANK BALANCES | 10,571 | 14,592 | -27.60% |
| OTHER DEBIT BALANCES | 7,834 | 17,944 | -56.30% |
| TRADE CREDITORS | 5,296 | 1,674 | 216.40% |
| SHORT TERM BORROWINGS | 67.142 | 8,380 | -99.20% |
| OTHER CREDIT BALANCES | 18,636 | 32,929 | -43.40% |
| WORKING CAPITAL | 7,634 | 5,589 | 9.00% |
| NET ASSETS | 13,511 | 11,892 | 13.60% |
| Corporate Actions | |
| Proposed Dividend | 150 KOBO |
| Proposed Bonus | Nil |
| Payment Date | 2nd November, 2010 |
| Closure Date | 4th - 8th October, 2010 |
| AGM Date | Nil |
| AGM Venue | Nil |
[19th August 2010 ]
ASSOCIATED BUS COMPANY PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 2,098.00 | 1,977.00 | 6.12% |
| PROFIT BEFORE TAXATION | (41.23) | 159.36 | -125.87% |
| TAXATION | (11.06) | (44.62) | -75.22% |
| PROFIT/LOSS AFTER TAXATION | (52.32) | 114.74 | -145.60% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 3,173.00 | 2,541.00 | 24.87% |
| STOCK | 120.06 | 160.51 | -25.20% |
| TRADE DEBTORS | 149.28 | 144.37 | 3.40% |
| CASH AND BANK BALANCES | (32.97) | 357.44 | -109.22% |
| OTHER DEBIT BALANCES | 218.24 | 844.06 | -74.14% |
| TRADE CREDITORS | 129.68 | 248.91 | -47.90% |
| OTHER CREDIT BALANCES | 1,825.00 | 2,069.00 | -11.79% |
| WORKING CAPITAL | -588 | -243 | 141.63% |
| NET ASSETS | 1,695 | 1,752 | -3.25% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 2nd August 2010 ]
UNIVERSITY PRESS PLC
| FIRST QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 110.16 | 159.89 | -31.10% |
| PROFIT BEFORE TAXATION | (79.29) | (36.99) | 114.33414 |
| TAXATION | Nil | Nil | 0.00% |
| PROFIT/LOSS AFTER TAXATION | (79.29) | (36.99) | 114.33% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 536.24 | 531.25 | 0.94% |
| STOCK | 1,080.00 | 1,034.00 | 4.45% |
| TRADE DEBTORS | 81.13 | 148.09 | -45.22% |
| CASH AND BANK BALANCES | 11.92 | 16.78 | -28.97% |
| OTHER DEBIT BALANCES | 93.79 | 291.36 | -67.81% |
| TRADE CREDITORS | 14.42 | 26.74 | -46.08% |
| OTHER CREDIT BALANCES | 611.37 | 738.10 | -17.17% |
| WORKING CAPITAL | 753.76 | 834.33 | -9.66414 |
| NET ASSETS | 1,178.00 | 1,257.00 | -6.28414 |
| Corporate Actions | |
| Proposed Dividend | 40 kobo |
| Proposed Bonus | 1 for 5 |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 30th July 2010 ]
PZ CUSSONS NIGERIA PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31TH DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 62,667.00 | 63,800.00 | -1.78% |
| PROFIT BEFORE TAXATION | 7,951.00 | 7,671.00 | 3.65% |
| TAXATION | (2,366.00) | (2,340.00) | 1.11% |
| PROFIT/LOSS AFTER TAXATION | 5,584.00 | 5,330.00 | 4.77% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 24,737.00 | 21,511.00 | 15.00% |
| STOCK | 15,353.00 | 20,631.00 | -25.58% |
| TRADE DEBTORS | 6,731.00 | 5,603.00 | 20.13% |
| CASH AND BANK BALANCES | 9,302.00 | 2,804.00 | 231.74% |
| OTHER DEBIT BALANCES | 2,843.00 | 4,344.00 | -34.55% |
| TRADE CREDITORS | 1,521.00 | 592.19 | 156.84% |
| SHORT TERM BORROWINGS | Nil | 7.74 | 0.00% |
| OTHER CREDIT BALANCES | 17,115.00 | 17,156.00 | -0.24% |
| WORKING CAPITAL | 18,962.00 | 18,440.00 | 2.83% |
| NET ASSETS | 38,707.00 | 35,565.00 | 8.83% |
| Corporate Actions | |
| Proposed Dividend | 86 KOBO |
| Proposed Bonus | Nil |
| Payment Date | 14th September, 2010 |
| Closure Date | 23rd-27th August, 2010 |
| AGM Date | 9th September, 2010 |
| AGM Venue | Transcorp Hilton Abuja at 11.00am |
[ 30th July 2010 ]
NAHCO AVIANCE PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 3,078.00 | 2,915.00 | 5.59% |
| PROFIT BEFORE TAXATION | 995.84 | 1,134.00 | -12.18% |
| TAXATION | (318.67) | (362.94) | -28.05% |
| PROFIT/LOSS AFTER TAXATION | 677.17 | 771.25 | -12.20% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 4,090.00 | 3,449.00 | 18.59% |
| STOCK | 32.55 | 35.27 | -7.72% |
| TRADE DEBTORS | 2,019.00 | 1,083.00 | 86.43% |
| CASH AND BANK BALANCES | 1,573.00 | 2,194.00 | -28.30% |
| TRADE CREDITORS | 1,435.00 | 925.41 | 55.07% |
| OTHER CREDIT BALANCES | 1,479.00 | 1,161.00 | 27.39% |
| WORKING CAPITAL | 1,411.00 | 1,927.00 | -26.78% |
| NET ASSETS | 4,801.00 | 4,676.00 | 2.67% |
| Corporate Actions | |
| Proposed Dividend | 25 Kobo Interim Dividend |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 21st July 2010 ]
ZENITH BANK PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 96,850.00 | 111,071.00 | -12.80% |
| PROFIT/LOSS BEFORE TAXATION | 25,336.00 | 12,627.00 | 100.65% |
| TAXATION | (4,031.00) | (2,777.00) | 45.16% |
| PROFIT/LOSS AFTER TAXATION | 21,305.00 | 9,850.00 | 116.29% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 69,907.00 | 78,619.00 | -11.08% |
| STOCKS | 358,813.00 | 234,115.00 | 53.26% |
| TRADE DEBTORS | 667,663.00 | 698,326.00 | -4.39% |
| CASH AND BANK BALANCES | 145,824.00 | 126,779.00 | 15.02% |
| OTHER DEBIT BALANCES | 511,765.00 | 521,864.00 | -1.94% |
| TRADE CREDITORS | 1,285,000.00 | 1,173,000.00 | 9.55% |
| OTHER CREDIT BALANCES | 121,251 | 147,993 | -18.07% |
| NET ASSETS | 347,153.00 | 337,793.00 | 2.77% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 20th July 2010 ]
FIRST BANK PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 122,282.00 | 131,075.00 | -6.71% |
| PROVISIONS FOR RISKY ASSETS | 955.00 | (39,834.00) | 102.40% |
| EXCEPTIONAL ITEMS | 31,686.00 | 4,297.00 | 637.40% |
| TAXATION | (6,337.00) | (859.00) | 637.72% |
| PROFIT/LOSS AFTER TAXATION | 25,349.00 | 3,438.00 | 637.32% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 2,261,645.00 | 2,172,346.00 | 4.11% |
| LOANS AND ADVANCES | 1,084,688.00 | 1,078,452.00 | 0.58% |
| CASH AND BALANCES WITH CBN | 17,821.00 | 70,332.00 | -74.66% |
| DUE TO OTHER BANKS | 243,996.00 | 173,280.00 | 40.81% |
| DEPOSITS | 1,426,670.00 | 1,339,142.00 | 6.54% |
| OTHER BORROWINGS | 74,634.00 | 35,473.00 | 110.40% |
| NET ASSETS | 308,385.00 | 309,558.00 | -0.38% |
| TOTAL NON-PERFORMING LOANS | 65,044.00 | 43,798.00 | 48.51% |
| SHAREHOLDERS' FUNDS | 308,385.00 | 309,558.00 | -0.38% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 20th July 2010 ]
DIAMOND BANK PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 46,125.00 | 58,850.00 | -21.62% |
| PROFIT BEFORE TAX | 6,204.00 | (7,875.00) | 178.78% |
| TAXATION | (1,619.00) | (373.00) | 334.05% |
| PROFIT/LOSS AFTER TAX | 4,585 | (8,248.00) | 155.59% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 16th July 2010 ]
UNILEVER NIGERIA PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 22,768.00 | 31,104.00 | -26.80% |
| PROFIT BEFORE TAXATION | 2,540.00 | 3,498.00 | -27.39% |
| TAXATION | (893.22) | (1,005.00) | -11.12% |
| PROFIT/LOSS AFTER TAXATION | 1,684.00 | 2,492.00 | -32.42% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 9,926.00 | 9,975.00 | -0.49% |
| STOCKS | 6,520.00 | 4,927.00 | 32.33% |
| TRADE DEBTORS | 4,826.00 | 3,494.00 | 38.12% |
| CASH AND BANK BALANCES | 2,121.00 | 1,980.00 | 7.12% |
| OTHER DEBIT BALANCES | 2,936.00 | 3,303.00 | -11.11% |
| SHORT TERM BORROWINGS | 1,124.00 | 1,500.00 | -25.07% |
| OTHER CREDIT BALANCES | 9,014 | 11,723 | -23.11% |
| WORKING CAPITAL | -968.79 | 1,301 | -174.46% |
| NET ASSETS | 5,802.00 | 8,202.00 | -29.26% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 13th July 2010 ]
UBA PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH JUNE 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 93,656.00 | 108,986.00 | -14.07% |
| PROFIT BEFORE TAXATION AND EXTRA-ORDINARY ITEMS | 12,156.00 | 2,584.00 | 370.43% |
| EXCEPTIONAL ITEMS | (3,520.00) | (2,449.00) | 43.73% |
| TAXATION | (3,789.00) | (4,073.00) | -6.97% |
| PROFIT/LOSS AFTER TAXATION | 4,847.00 | (3,938.00) | -223.08% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 69,810.00 | 73,042.00 | -4.42% |
| STOCKSHORT TERM INVESTMENT | 57,520.00 | 42,035.00 | 36.84% |
| TRADE DEBTORS | 664,204.00 | 606,616.00 | 9.49% |
| CASH AND BANK BALANCES | 80,777.00 | 68,225.00 | 18.40% |
| OTHER DEBIT BALANCES | 836,699.00 | 758,363.00 | 10.33% |
| TRADE CREDITORS | 1,233,000.00 | 1,245,000.00 | -0.96% |
| OTHER CREDIT BALANCES | 287,138 | 115,802 | 147.96% |
| NET ASSETS | 188,674.00 | 186,829.00 | 0.99% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 13th June 2010 ]
FLOUR MILLS NIGERIA PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST MARCH 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 206,613.00 | 180,068.00 | 14.74% |
| PROFIT BEFORE TAXATION AND EXTRA-ORDINARY ITEMS | 24,439.00 | 11,916.00 | 105.09% |
| EXCEPTIONAL ITEMS | - | (6,446.00) | 0.00% |
| TAXATION | (7,491.00) | (1,578.00) | 374.71% |
| PROFIT/LOSS AFTER TAXATION | 16,947.00 | 3,891.00 | 335.54% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 60,631.00 | 47,831.00 | 26.76% |
| INVESTMENT | 240.00 | 404.50 | -40.67% |
| SHORT TERM INVESTMENT | 31,310.00 | 30,672.00 | 2.08% |
| TRADE DEBTORS | 6,355.00 | 5,347.00 | 18.85% |
| CASH AND BANK BALANCES | 6,389.00 | 19,834.00 | -67.79% |
| OTHER DEBIT BALANCES | 38,592.00 | 33,429.00 | 15.44% |
| TRADE CREDITORS | 8,637.00 | 10,022.00 | -13.82% |
| SHORT TERM BORROWING | 17,613.00 | 18,396.00 | -4.26% |
| OTHER CREDIT BALANCES | 64,001 | 71,943 | -11.04% |
| WORKING CAPITAL | 363.304 | 2,165 | -83.22% |
| NET ASSETS | 53,266.00 | 37,158.00 | 43.35% |
| Corporate Actions | |
| Proposed Dividend | N2.00 |
| Proposed Bonus | 1 for 10 |
| Payment Date | 3rd November, 2010 |
| Closure Date | 13th-17th September, 2010 |
| AGM Date | 20th October, 2010 |
| AGM Venue | Jasmine Hall Eko Hotel and Suites, Victoria Island at 11.00am |
[ 30th June 2010 ]
HONEYWELL FLOURMILL PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2009 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 33,528.00 | 28,580.00 | 17.31% |
| PROFIT BEFORE TAXATION AND EXTRA-ORDINARY ITEMS | 2,330.00 | 1,227.00 | 89.89% |
| EXTRA-ORDINARY ITEMS | - | (540.15) | 0.00% |
| PROFIT BEFORE TAX | 2,330.00 | 687.15 | 239.08% |
| TAXATION | (1,154.00) | (470.04) | 145.51% |
| PROFIT/LOSS AFTER TAXATION | 1,175.00 | 217.12 | 441.19% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 12,916.00 | 14,064.00 | -8.16% |
| SHORT TERM INVESTMENT | 3,847.00 | 4,591.00 | -16.21% |
| TRADE DEBTORS | 659.75 | 1,298.00 | -49.17% |
| CASH AND BANK BALANCES | 3,627.00 | 296.05 | 1125.14% |
| OTHER DEBIT BALANCES | 8,955.00 | 4,284.00 | 109.03% |
| TRADE CREDITORS | 808.16 | 899.10 | -10.11% |
| SHORT TERM BORROWING | 2,024.00 | 3,219.00 | -37.12% |
| OTHER CREDIT BALANCES | 13,664 | 14,006 | -2.44% |
| WORKING CAPITAL | 2,801 | -6,985 | 140.10% |
| NET ASSETS | 13,510.00 | 5,407.00 | 149.86% |
| Corporate Actions | |
| Proposed Dividend | 11 kobo |
| Proposed Bonus | Nil |
| Payment Date | 21st September 2010 |
| Closure Date | 25th August 2010 |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 30th June 2010 ]
DANGOTE SUGAR REFINERY PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 82,395.00 | 80,671.00 | 2.14% |
| PROFIT BEFORE TAX | 19,586.00 | 30,151.00 | -35.04% |
| TAXATION | (6,401.00) | (8,280.00) | -22.69% |
| PROFIT/LOSS AFTER TAX | 13,185.00 | 21,871.00 | -39.71% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 16,696.00 | 13,755.00 | 21.38% |
| INVESTMENT | 968.13 | 874.26 | 10.74% |
| STOCKS | 14,094.00 | 9,257.00 | 52.25% |
| TRADE DEBTORS | 5,946.00 | 5,402.00 | 10.07% |
| CASH AND BANK BALANCES | 22,878.00 | 19,847.00 | 15.27% |
| OTHER DEBIT BALANCES | 18,123.00 | 9,036.00 | 100.56% |
| TRADE CREDITORS | 14,003.00 | 8,999.00 | 55.61% |
| OTHER CREDIT BALANCES | 23,090 | 21,664 | 6.58% |
| WORKING CAPITAL | 26,003 | 19,304 | 34.70% |
| NET ASSETS | 41,612 | 32,627 | 27.54% |
| Corporate Actions | |
| Proposed Dividend | |
| Proposed Bonus | Nil |
| Payment Date | 30th July, 2010 |
| Closure Date | 14th-16th July 2010 |
| AGM Date | 27th July, 2010 |
| AGM Venue | Tahir Guest Palace, Kano |
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST MARCH 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 22,787.00 | 19,107.00 | 19.26% |
| PROFIT BEFORE TAX | 5,839.00 | 5,591.00 | 4.44% |
| TAXATION | (1,868.00) | (1,397.00) | 33.72% |
| PROFIT/LOSS AFTER TAX | 3,971.00 | 4,193.00 | -5.29% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 19,498.00 | 16,696.00 | 16.78% |
| STOCKS | 17,176.00 | 14,094.00 | 21.87% |
| TRADE DEBTORS | 5,760.00 | 5,946.00 | -3.13% |
| CASH AND BANK BALANCES | 17,775.00 | 22,878.00 | -22.31% |
| OTHER DEBIT BALANCES | 16,877.00 | 17,333.00 | -2.63% |
| TRADE CREDITORS | 13,907.00 | 14,003.00 | -0.69% |
| OTHER CREDIT BALANCES | 30,167 | 26,003 | 16.01% |
| NET ASSETS | 45,583 | 41,612 | 9.54% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 30th June 2010 ]
UTC NIGERIA PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 2,579.00 | 2,153.00 | 19.79% |
| PROFIT BEFORE TAXATION AND EXTRA-ORDINARY ITEMS | 76.77 | 49.39 | 55.45% |
| EXTRA-ORDINARY ITEMS | Nil | 46.89 | 0.00°/0 |
| PROFIT BEFORE TAX | 76.77 | 96.28 | -20.26% |
| TAXATION | (2.01) | (3.03) | -33.71% |
| PROFIT/LOSS AFTER TAXATION | 74.77 | 93.25 | -19.82% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 1,997.00 | 2,033.00 | -1.77% |
| INVESTMENT | 45.37 | 50.07 | -9.39% |
| STOCKS | 163.44 | 145.65 | 12.22% |
| TRADE DEBTORS | 116.83 | 158.00 | -26.06% |
| CASH AND BANK BALANCES | 38.84 | 20.92 | 85.68% |
| OTHER DEBIT BALANCES | 423.31 | 273.68 | 54.67% |
| TRADE CREDITORS | 295.36 | 190.21 | 55.28% |
| SHORT TERM BORROWING | 580.97 | 637.98 | -8.94% |
| OTHER CREDIT BALANCES | 482.29 | 501.95 | -3.92% |
| WORKING CAPITAL | (387.28) | (545.19) | -28.96% |
| NET ASSETS | 1,426.00 | 1,351.00 | 5.55% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | 12th-19th July 2010 |
| AGM Date | 22nd July, 2010 |
| AGM Venue | Cinema Hall, Ogun State Council for Arts and Culture Abeokuta Ogun State |
[ 30th June 2010 ]
FIRST ALUMINIUM NIGERIA PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 8,289.00 | 8,080.00 | 2.59% |
| PROFIT BEFORE TAXATION | 59.62 | (473.09) | 112.60% |
| TAXATION | (11.31) | 174.44 | -106.48% |
| PROFIT AFTER TAXATION | 48.32 | (298.65) | 116.18% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 6,271.00 | 2,183.00 | 187.27% |
| STOCK | 3,002.00 | 3,558.00 | -15.63% |
| TRADE DEBTORS | 427.66 | 448.72 | -4.69% |
| CASH AND BANK BALANCES | 46.93 | 1,584.00 | -97.04% |
| OTHER DEBIT BALANCES | 962.80 | 903.30 | 6.59% |
| TRADE CREDITORS | 390.20 | 226.21 | 72.49% |
| SHORT TERM BORROWING | 1,908.00 | 4,462.00 | -57.24% |
| OTHER CREDIT BALANCES | 1,789 | 1,700 | 5.24% |
| WORKING CAPITAL | 198.662 | -25.989 | 864.41% |
| NET ASSETS | 6,626.00 | 2,289.00 | 189.47% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | 19th-23rd July 2010 |
| AGM Date | 28th July, 2010 |
| AGM Venue | Tahir Guest Palace, 4 Natsungune Road, Ahamadu Bello Way, Kano |
[ 22nd June 2010 ]
GOLDLINK INSURANCE PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2010 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 3,229.00 | 2,805.00 | 15.12% |
| PROFIT BEFORE TAXATION | 120.04 | 611.23 | -80.36% |
| TAXATION | (32.89) | (64.18) | -48.75% |
| PROFIT AFTER TAXATION | 87.16 | 547.05 | -84.07% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 2,961.00 | 2,873.00 | 3.06% |
| INVESTMENTS | 3,626.00 | 3,751.00 | -3.33% |
| TRADE DEBTORS | 600.43 | 681.71 | -11.92% |
| CASH AND BANK BALANCES | 246.50 | 66.10 | 272.93% |
| OTHER DEBIT BALANCES | 1,304.00 | 1,111.00 | 17.37% |
| OTHER CREDIT BALANCES | 1,961.00 | 1,517.00 | 29.27% |
| NET ASSETS | 6,778.00 | 6,967.00 | -2.71% |
| Corporate Actions | |
| Proposed Dividend | 2 kobo |
| Proposed Bonus | Nil |
| Payment Date | 26th July 2010 |
| Closure Date | 12th-16th July 2010 |
| AGM Date | 22nd July, 2010 |
| AGM Venue | Banquet Hall Sheraton Hotels & Towers Lagos. |
[ 18th June 2010 ]
PRESTIGE ASSURANCE PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 2.958b | 2.964b | |
| PROFIT BEFORE TAXATION | 864.682 | 990.020 | |
| TAXATION | (271.610) | (278.371) | |
| PROFIT AFTER TAXATION | 593.072 | 711.648 | |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 608.196 | 561.624 | |
| SHORT TERM INVESTMENT | 2.419b | 1.993b | |
| DEBTORS | 1.372 | 1.589 | |
| CASH AND BANK BALANCES | 323.517 | 237.945 | |
| OTHER DEBIT BALANCES | 2.213b | 1.563b | |
| CREDITORS | 769.579 | 740.418 | |
| INSURANCE FUNDS | 1.471b | 451.628 | |
| OTHER CREDIT BALANCES | 353288 | 383.777 | |
| NET ASSETS | 4.343b | 4.369b | |
| Corporate Actions | |
| Proposed Dividend | 10 Kobo |
| Proposed Bonus | Nil |
| Payment Date | 2nd August 2010 |
| Closure Date | 20th-23rd July 2010 |
| AGM Date | 29th July 2010 |
| AGM Venue | Nil |
[ 15th June 2010 ]
CONTINENTAL REINSURANCE PLC
| AUDITED REPORT FOR THE PERIOD
ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 2,046.00 | 1,835.00 | 11.50% |
| PROFIT BEFORE TAXATION | 979.82 | 557.49 | 75.76% |
| TAXATION | (74.60) | (84.16) | -11.36% |
| PROFIT AFTER TAXATION | 905.22 | 473.33 | 91.25% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 160.93 | 119.70 | 34.45% |
| STOCKS | 6,648.00 | 7,409.00 | -10.27% |
| REINSURANCE DEBTORS | 3,349.00 | 2,495.00 | 34.23% |
| CASH AND BANK BALANCES | 338.22 | 189.93 | 78.07% |
| OTHER DEBIT BALANCES | 5,143.00 | 4,139.00 | 24.26% |
| CREDITORS | 779.48 | 705.04 | 10.56% |
| INSURANCE FUNDS | 2,538.00 | 1,598.00 | 58.82% |
| OTHER CREDIT BALANCES | 1,152.00 | 915.55 | 25.83% |
| NET ASSETS | 11,169.00 | 11,134.00 | 0.31% |
| Corporate Actions | |
| Proposed Dividend | 5.5 Kobo |
| Proposed Bonus | Nil |
| Payment Date | 16th July 2010 |
| Closure Date | 5th-9th July 2010 |
| AGM Date | 28th July 2010 |
| AGM Venue | Victoria Crown Plaza Hotel, 292B, Ajose Adeogun Street, Victoria Island |
