Corporate Results
[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 |
[ 16th June 2010 ]
MRS NIGERIA PLC
| AUDITED RESULT FOR THE YEAR
ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| TURNOVER | N74.603b | N78.687b | (5.19) |
| PROFIT BEFORE TAXATION | N1.721b | (N305.725m) | (663.02) |
| TAXATION | (N670.373m) | N80.300m | (934.84) |
| PROFIT AFTER TAXATION | N1.051b | N473.325m | (566.19) |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 3.036b | N3.421b | (11.27) |
| STOCKS | N4.844b | N2.149b | 125.74 |
| TRADE DEBTORS | N1.725b | N802.881m | 114.97 |
| CASH AND BANK BALANCES | N1.274b | N(285.100) | (546.93) |
| OTHER DEBIT BALANCES | N5.727b | N3.559b | 60.88 |
| TRADE CREDITORS | N7.488b | N4.490b | 0.00 |
| OTHER CREDIT BALANCES | N6.153b | N4.725b | 30.23 |
| WORKING CAPITAL | N92.654b | N44.849b | 106.59 |
| NET ASSETS | N381.854b | N154.223b | 147.60 |
| Corporate Actions | |
| Proposed Dividend | N1.25kobo |
| Proposed Bonus | Nil |
| Payment Date | 28th July 2010 |
| Closure Date | 12th-16th July 2010 |
| AGM Date | 27th July 2010 |
| AGM Venue | Federal Palace Hotel, Victoria Island, Lagos. |
[ 15th June 2010 ]
ABBEY BUILDING SOCIETY PLC
| SECOND QUARTER REPORT FOR THE PERIOD
ENDED 30TH APRIL 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 730.93 | 736.32 | -0.73% |
| PROFIT BEFORE TAXATION | 221.04 | 350.88 | -37.00% |
| TAXATION | (39.79) | (63.15) | -37.00% |
| PROFIT AFTER TAXATION | 181.25 | 287.73 | -37.01% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 558.78 | 459.86 | 21.51% |
| INVESTMENTS | 40.90 | 40.90 | 0.00% |
| LOANS AND ADVANCES | 5,462.00 | 5,322.00 | 2.63% |
| CASH AND BANK BALANCES | 3,689.00 | 4,168.00 | -11.49% |
| OTHER DEBIT BALANCES | 887.95 | 739.66 | 20.05% |
| DEPOSITS | 2,939.00 | 4,323.00 | -32.01% |
| OTHER CREDIT BALANCES | 2,114.00 | 1,002.00 | 110.98% |
| NET ASSETS | 5,585.00 | 5,404.00 | 3.35% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 14th June 2010 ]
UNION BANK PLC
| FIRST QUARTER REPORT FOR THE PERIOD
ENDED 31ST MARCH 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 34,235.00 | 51,255.00 | -33.21% |
| PROFIT BEFORE TAXATION | 3,560.00 | 93,273.00 | -96.18% |
| TAXATION | (234.00) | (4,610.00) | -94.92% |
| PROFIT AFTER TAXATION | 3,326.00 | 97,883.00 | -96.60% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 62,777.00 | 79,522.00 | -21.06% |
| TREASURY BILLS | 150,051.00 | 20,953.00 | 616.13% |
| LOANS AND ADVANCES | 405,179.00 | 469,618.00 | -13.72% |
| CASH AND BANK BALANCES | 138,106.00 | 86,846.00 | 59.02% |
| OTHER DEBIT BALANCES | 362,486.00 | 503,767.00 | -28.04% |
| DEPOSITS | 944,311.00 | 957,329.00 | -1.36% |
| OTHER CREDIT BALANCES | 399,939.00 | 432,354.00 | -7.50% |
| NET ASSETS | (235,001.00) | (228,977.00) | 2.63% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 14th June 2010 ]
DAAR COMMUNICATIONS PLC
| THIRD QUARTER REPORT FOR THE PERIOD
ENDED 30TH SEPTEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 2,988.00 | 2,526.00 | 18.29% |
| PROFIT BEFORE TAXATION | 278.70 | 471.05 | -40.83% |
| TAXATION | (83.61) | (41.99) | 99.12% |
| PROFIT AFTER TAXATION | 195.09 | 429.06 | -54.53% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 24,407.00 | 23,058.00 | 5.85% |
| STOCKS | 359.33 | 591.96 | -39.30% |
| TRADE DEBTORS | 2,042.00 | 1,034.00 | 97.49% |
| CASH AND BANK BALANCES | 261.13 | 374.93 | -30.35% |
| OTHER DEBIT BALANCES | 838.67 | 542.70 | 54.54% |
| TRADE CREDITORS | 581.47 | 516.41 | 12.60% |
| SHORT TERM BORROWINGS | 2,360.00 | 1,085.00 | 117.51% |
| OTHER CREDIT BALANCES | 7,087.00 | 6,462.00 | 9.67% |
| WORKING CAPITAL | (325.25) | (63.66) | 410.93% |
| NET ASSETS | 17,723.00 | 17,528.00 | 1.11% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 11th June 2010 ]
UNION BANK PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 113,680.00 | 146,301.00 | (22.30) |
| PROFIT BEFORE TAXATION | (279,786.00) | (67,337.00) | (315.50) |
| TAXATION | (1,587.00) | (5,517.00) | (71.23) |
| PROFIT AFTER TAXATION | (281,373.00) | (72,854.00) | (286.21) |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 79,522.00 | 71,141.00 | 11.78 |
| TREASURY BILLS | 20,953.00 | 59,278.00 | -64.65 |
| LOANS AND ADVANCES | 469,618.00 | 421,473.00 | 11.42 |
| CASH AND BANK BALANCES | 86,846.00 | 71,865.00 | 20.85 |
| OTHER DEBIT BALANCES | 503,767.00 | 615,040.00 | -18.09 |
| DEPOSITS | 957,329.00 | 772,127.00 | 23.99 |
| OTHER CREDIT BALANCES | 432,354.00 | 399,900.00 | 8.12 |
| NET ASSETS | (228,977.00) | 58,826.00 | -489.24 |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 10th June 2010 ]
CONOIL PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 30th SEPTEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 87,758.00 | 106,094.00 | (17.28) |
| PROFIT BEFORE TAXATION | 3,525.00 | 2,901.00 | 21.51 |
| TAXATION | (1,128.00) | (928.42) | 21.50 |
| PROFIT AFTER TAXATION | 2,397.00 | 1,972.00 | 21.55 |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 8,394.00 | 8,222.00 | 2.09 |
| STOCKS | 5,562.00 | 6,516.00 | -14.64 |
| TRADE DEBTORS | 15,948.00 | 27,464.00 | -41.93 |
| CASH AND BANK BALANCES | 2,987.00 | 14,592.00 | -79.53 |
| OTHER DEBIT BALANCES | 0.10 | 0.10 | 0.00 |
| TRADE CREDITORS | 12,776.00 | 42,984.00 | -70.28 |
| OTHER CREDIT BALANCES | 2,734.00 | 1,918.00 | 42.54 |
| WORKING CAPITAL | 11,721.00 | 5,589.00 | 109.72 |
| NET ASSETS | 17,381.00 | 11,892.00 | 46.16 |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 10th June 2010 ]
AFRICAN PAINTS NIGERIA PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 50.94 | 42.58 | 19.64 |
| PROFIT BEFORE TAXATION | (31.11) | (61.51) | (49.41) |
| TAXATION | (0.48) | (0.30) | 58.80 |
| PROFIT AFTER TAXATION | (31.62) | (61.81) | (48.84) |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 360.15 | 366.86 | -1.83 |
| STOCKS | 7.73 | 5.04 | 53.42 |
| TRADE DEBTORS | 1.60 | Nil | 0.00 |
| CASH AND BANK BALANCES | 5.28 | 1.72 | 206.74 |
| OTHER DEBIT BALANCES | 35.10 | 18.44 | 90.34 |
| TRADE CREDITORS | 117.60 | 140.10 | -16.06 |
| OTHER CREDIT BALANCES | 142.17 | 168.00 | -15.38 |
| WORKING CAPITAL | (277.36) | (317.41) | -12.62 |
| NET ASSETS | 82.83 | 49.48 | 67.40 |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | 15th-22nd June 2010 |
| AGM Date | 15th July 2010 |
| AGM Venue | Plot 51, Morison Crescent, Oregun Industrial Layout, Lagos. |
[ 8th June 2010 ]
CEMENT COMPANY OF NORTHERN NIGERIA PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 11,868.00 | 9,878.00 | 20.15% |
| PROFIT BEFORE TAXATION | (2,317.00) | (1,680.00) | 37.92% |
| TAXATION | (505.00) | (150.00) | 236.67% |
| PROFIT AFTER TAXATION | 1,812.00 | 1,530.00 | 18.43% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 5,017.00 | 4,658.00 | 7.71% |
| STOCKS | 2,509.00 | 2,423.00 | 3.55% |
| TRADE DEBTORS | 712.66 | 499.57 | 42.65% |
| CASH AND BANK BALANCES | 626.27 | 399.70 | 56.68% |
| OTHER DEBIT BALANCES | 938.20 | 814.01 | 15.26% |
| TRADE CREDITORS | 2,567.00 | 1,950.00 | 31.64% |
| SHORT TERM BORROWINGS | 670.94 | 1,091.00 | -38.50% |
| OTHER CREDIT BALANCES | 2,347.00 | 1,776.00 | 32.15% |
| WORKING CAPITAL | 469.39 | 506.18 | -7.27% |
| NET ASSETS | 4,217.00 | 3,976.00 | 6.06% |
| Corporate Actions | |
| Proposed Dividend | 10k |
| Proposed Bonus | Nil |
| Payment Date | 13th July 2010 |
| Closure Date | 29th June - 2nd July 2010 |
| AGM Date | 7th July 2010 |
| AGM Venue | Dankane Guest Palace Hotel, 1A Kalambaina Road, Sokoto |
[ 8th June 2010 ]
ASHAKA CEMENT PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Million) |
2008 (N'Million) |
% Change | |
| GROSS EARNINGS | 17,913.00 | 21,378.00 | (16.21) |
| PROFIT BEFORE TAXATION | 2,365.00 | 3,430.00 | (31.05) |
| TAXATION | (1,422.00) | (1,360.00) | 4.56 |
| PROFIT AFTER TAXATION | 943.62 | 2,070.00 | (54.41) |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 5,217.00 | 5,686.00 | -8.25 |
| STOCKS | 4,707.00 | 4,706.00 | 0.02 |
| TRADE DEBTORS | 87.62 | 139.36 | -37.13 |
| CASH AND BANK BALANCES | 849.61 | 1,636.00 | -48.07 |
| OTHER DEBIT BALANCES | 14,756.00 | 12,827.00 | 15.04 |
| TRADE CREDITORS | 2,296.00 | 1,920.00 | 19.58 |
| OTHER CREDIT BALANCES | 10,180.00 | 10,279.00 | -0.96 |
| WORKING CAPITAL | (3,095.00) | (1,676.00) | 84.67 |
| NET ASSETS | 13,141.00 | 12,795.00 | 2.70 |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | 1 for 8 |
| Payment Date | Nil |
| Closure Date | 12th-16th July 2010 |
| AGM Date | 28th July 2010 |
| AGM Venue | Transcorp Hilton Hotel, Abuja. |
[ 8th June 2010 ]
STARCOMMS PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST MARCH 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% Change | |
| GROSS EARNINGS | 7,936.00 | 8,522.00 | -6.88% |
| PROFIT BEFORE TAXATION | (1,439.00) | (3,541.00) | -59.36% |
| TAXATION | (91.81) | - | - |
| PROFIT AFTER TAXATION | (1,530.00) | (3,541.00) | -56.79% |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 51,868.00 | 53,989.00 | -3.93% |
| STOCKS | 2,024.00 | 2,535.00 | -20.16% |
| TRADE DEBTORS | 86.13 | 489.01 | -82.39% |
| CASH AND BANK BALANCES | 2,018.00 | 2,225.00 | -9.30% |
| OTHER DEBIT BALANCES | 13,844.00 | 14,436.00 | -4.10% |
| TRADE CREDITORS | 2,485.00 | 1,512.00 | 64.35% |
| SHORT TERM BORROWINGS | 11,782.00 | 11,761.00 | 0.18% |
| OTHER CREDIT BALANCES | 25,855.00 | 29,062.00 | -11.04% |
| WORKING CAPITAL | 8,633.00 | 7,019.00 | 22.99% |
| NET ASSETS | 29,718.00 | 31,249.00 | -4.90% |
| Corporate Actions | |
| Proposed Dividend | Nil |
| Proposed Bonus | Nil |
| Payment Date | Nil |
| Closure Date | Nil |
| AGM Date | Nil |
| AGM Venue | Nil |
[ 24th May 2010 ]
WEMA BANK PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Billion) |
2008 (N'Billion) |
% Change | |
| GROSS EARNINGS | 18.994 | 16.551 | 14.76 |
| PROFIT BEFORE TAXATION | (8.868) | 28.306 | 0.00 |
| TAXATION | 1.337 | 7.850 | (80.96) |
| PROFIT AFTER TAXATION | (7.530) | 20.455 | (63.19) |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 14.284 | 14.833 | (3.70) |
| TREASURY BILLS | 5.049 | 2.923 | 72.72 |
| LOANS AND ADVANCES | 30.001 | 46.166 | (35.02) |
| CASH AND BANK BALANCES | 6.354 | 5.810 | 72.72 |
| OTHER DEBIT BALANCES | 95.246 | 59.874 | 59.08 |
| TRADE CREDITORS | 94.058 | 108.825 | (13.57) |
| OTHER CREDIT BALANCES | 102.715 | 60.960 | 68.49 |
| NET ASSETS | 44.991 | 39.921 | 12.70 |
Closure of Register => 26th May to 1st June 2010; Annual General Meeting to hold on 11th June 2010 at The Lagoon Restaurant, Victoria Island, Lagos at 11.00am.
[ 19th May 2010 ]
BERGER PAINTS PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Billion) |
2008 (N'Billion) |
% Change | |
| TURNOVER | 2.379 | 2.534 | (6.11) |
| PROFIT BEFORE TAXATION | 322.867 | 244.829m | 0.00 |
| EXTRAORDINARY ITEMS | 56.892m | 0.00 | |
| TAXATION | (129.591m | (96.088m) | 34.87 |
| PROFIT AFTER TAXATION | 193.276m | 205.633m | (6.01) |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 1.060b | 1.093b | (2.94) |
| STOCK | 307.588m | 399.030m | (22.92) |
| TRADE DEBTORS | 206.256m | 172.313m | 19.70 |
| CASH AND BANK BALANCES | 628.913 | 368.208m | 70.80 |
| OTHER DEBIT BALANCES | 77.660m | 68.129m | 13.99 |
| TRADE CREDITORS | 164.770m | 170.718m | (3.48) |
| OTHER CREDIT BALANCES | 771.756m | 653.284m | 18.13 |
| WORKING CAPITAL | 486.700m | 314.049m | 54.98 |
| NET ASSETS | 1.344 | 1.216 | 10.53 |
The company proposed a Dividend of 50kobo per share; Closure of Register => 19th to 21st May 2010; Payment Date => 9th June 2010; Annual General Meeting to be held on 8th June 2010 at Federal Palace Hotel, Ikeja, Lagos at 11.00am.
[ 19th May 2010 ]
AIRLINE SERVICES AND LOGISTICS PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Billion) |
2008 (N'Billion) |
% Change | |
| TURNOVER | 3.942 | 3.601 | 9.47 |
| PROFIT BEFORE TAXATION | 498.656m | 213.293 | 113.79 |
| EXTRAORDINARY ITEMS | (317.501m) | (102.385m) | 210.10 |
| PROFIT AFTER TAXATION | 181.154m | 110.907m | 63.34 |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 767.039m | 827.299m | (7.28) |
| INVESTMENTS | 1.416m | 38.346m | (96.31) |
| STOCK | 216.240m | 285.526m | (24.27) |
| TRADE DEBTORS | 715.134m | 608.163m | 17.59 |
| CASH AND BANK BALANCES | 215.118m | 64.986m | 231.02 |
| OTHER DEBIT BALANCES | 648.345m | 1.457 | (55.52) |
| TRADE CREDITORS | 334.541 | 435.442m | (20.88) |
| OTHER CREDIT BALANCES | 289.777m | 355.708m | 18.54 |
| WORKING CAPITAL | 568.515m | (109.413m) | (619.60) |
| NET ASSETS | 1.432 | 1.324 | 8.12 |
The company proposed a Dividend of 10kobo per share.
Notes:
The Company has been notified to bring forward the relevant information for the corporate action.
The Company also carries out their business in the export processing zone and therefore are exempted from all Federal, State and LG tax levies and rates.
[ 19th May 2010 ]
GT ASSURANCE PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Billion) |
2008 (N'Billion) |
% Change | |
| TURNOVER | 5.377 | 4.143 | 29.77 |
| PROFIT BEFORE TAXATION | 1.312 | 2.001 | (34.41) |
| TAXATION | (769.013m) | (125.312m) | 513.68 |
| PROFIT AFTER TAXATION | 516.588m | 1.876 | (72.46) |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 910.028m | 794.939m | 14.48 |
| STOCK | 8.657 | 10.465 | (17.28) |
| TRADE DEBTORS | 809.564m | 562.687m | 43.87 |
| CASH AND BANK BALANCES | 459.435m | 350.267m | 31.17 |
| OTHER DEBIT BALANCES | 6.335 | 4.533 | 39.74 |
| TRADE CREDITORS | 355.422m | 362.768m | (2.02) |
| OTHER CREDIT BALANCES | 3.802 | 4.750 | (19.95) |
| NET ASSETS | 12.625 | 12.526 | 0.79 |
The company proposed a Dividend of 4kobo per share.
Notes:
The final dividend of 4kobo compliments the interim dividend of 5 kobo that was paid during the financial year
[ 19th May 2010 ]
SECURE ELECTRONIC TECHNOLOGY PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N'Billion) |
2008 (N'Billion) |
% Change | |
| GROSS INCOME | 1.897 | 2.295 | (17.35) |
| PROFIT BEFORE TAXATION | 45.546m | 664.660m | (93.20) |
| TAXATION | (34.374m) | (33.048m) | 4.01 |
| PROFIT AFTER TAXATION | 10.842m | 631.612m | (98.28) |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 5.410 | 5.484 | (1.34) |
| INVESTMENTS | 994,000 | 994,000 | 0.00 |
| STOCK | 500m | (100.00) | |
| TRADE DEBTORS | 521.125m | 180.444m | 188.80 |
| CASH AND BANK BALANCES | 2.899b | 2.630b | 10.25 |
| OTHER DEBIT BALANCES | 3.346 | 2.697 | 24.06 |
| SHORT TERM BORROWINGS | 4.432 | 3.981 | 11.32 |
| OTHER CREDIT BALANCES | 898.948m | 1.116 | (19.52) |
| WORKING CAPITAL | 1.436 | 909.593m | 57.88 |
| NET ASSETS | 6.847 | 6.394 | 7.08 |
[ 18th May 2010 ]
FTN COCOA PROCESSORS PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
||
| 2009 (N'Billion) |
2008 (N'Billion) |
|
| TURNOVER | 1.361 | 969.258 |
| PROFIT BEFORE TAXATION | 259.710m | 282.350m |
| TAXATION | (51,000) | (86.323m) |
| PROFIT AFTER TAXATION | 259.659m | 196.027m |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | 1.946 | 2.046 |
| INVESTMENTS | 838,000 | 164.222m |
| STOCK | 625.441m | 431.211m |
| TRADE DEBTORS | 394.654m | 112.762m |
| CASH AND BANK BALANCES | 46.061m | 137.554m |
| OTHER DEBIT BALANCES | 467.627m | 302.971m |
| TRADE CREDITORS | 111.498m | 76.305m |
| OTHER CREDIT BALANCES | 980.656m | 637.403m |
| WORKING CAPITAL | 1.303 | 858.092m |
| NET ASSETS | 2.389 | 2.481 |
The company proposed a Dividend of 3.5kobo per share; Closure of Register => 11th to 15th June 2010; Payment Date => 26th July 2010; Annual General Meeting to be held on 25th June 2010 at Lagos Airport Hotel, Ikeja, Lagos.
[ 18th May 2010 ]
SOVEREIGN TRUST INSURANCE PLC
| EARNING FORECAST FOR THIRD QUARTER JUNE 2010 |
|
| 2010 (N'Billion) |
|
| GROSS PREMIUM | 1.200 |
| PROFIT BEFORE TAXATION | 429.419m |
| FORECAST TAXATION | |
| PROFIT AFTER TAXATION | 429.419m |
[ 18th May 2010 ]
MULTIVERSE RESOURCES PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
||
| 2009 (N'Million) |
2008 (N'Million) |
|
| TURNOVER | 552.632 | 417.027 |
| PROFIT BEFORE TAXATION & EXTRAORDINARY ITEMS | 82.659 | 144.160 |
| EXTRAORDINARY ITEMS | 142.583 | |
| TAXATION | 11.149 | (57.168m) |
| PROFIT AFTER TAXATION | 93.809 | 229.576 |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | 3.728b | 2.251b |
| STOCK | 405.243 | 136.386 |
| TRADE DEBTORS | 8.968 | 3.343 |
| CASH AND BANK BALANCES | 1.194 | 1.645b |
| OTHER DEBIT BALANCES | 122.882 | 25.799 |
| TRADE CREDITORS | 88.648 | 26.871 |
| SHORT TERM BORROWINGS | 137.659 | 280.324 |
| OTHER CREDIT BALANCES | 341.884 | 140.979 |
| WORKING CAPITAL | (127.498) | 1.360b |
| NET ASSETS | 3.698b | 3.614b |
The company proposed a Dividend of 1kobo per share; Closure of Register => 24th to 7th July 2010; Annual General Meeting will hold on 8th July 2010.
[ 17th May 2010 ]
FCMB PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
||
| 2009 (N'Billion) |
2008 (N'Billion) |
|
| TURNOVER | 35.789 | 72.698 |
| PROFIT BEFORE TAXATION | 856.600m | 4.773 |
| TAXATION | (292.262m) | (779.222m) |
| PROFIT AFTER TAXATION | 564.338 | 3.994 |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | 21.817 | 21.001 |
| TREASURY BILLS | 8.521m | 4.429m |
| LOANS AND ADVANCES | 238.732 | 271.103 |
| CASH AND BANK BALANCES | 9.010 | 1.769 |
| OTHER DEBIT BALANCES | 185.538 | 167.218 |
| TRADE CREDITORS | 266.012 | 321.219 |
| OTHER CREDIT BALANCES | 68.014 | 65.326 |
| NET ASSETS | 129.593 | 129.055 |
The company proposed a Dividend of 5kobo per share.
Notes
• The Company has been notified to bring forward the relevant information and dates with respect to the corporate action.
[ 17th May 2010 ]
UNITY BANK PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
||
| 2009 (N'Billion) |
2008 (N'Billion) |
|
| GROSS EARNINGS | 46.420 | 42.982 |
| PROFIT BEFORE TAXATION & EXTRAORDINARY ITEMS | (21.098) | 21.371 |
| EXCEPTIONAL ITEMS | (20.791m) | 8.609m |
| TAXATION | 5.006 | 133.437m |
| PROFIT AFTER TAXATION | 16.112 | 12.895 |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | 15.697 | 14.028 |
| TREASURY BILLS | 9.500 | 31.714 |
| LOANS AND ADVANCES | 87.822 | 51.891 |
| CASH AND BANK BALANCES | 9.345 | 19.834 |
| OTHER DEBIT BALANCES | 135.570 | 300.284 |
| TRADE CREDITORS | 214.986 | 320.262 |
| OTHER CREDIT BALANCES | 35.790 | 26.231 |
| NET ASSETS | 6.911 | 19.282 |
Notes
• The Company has been notified to bring forward the relevant information and dates with respect to the corporate action.
[ 17th May 2010 ]
DAAR COMMUNICATIONS PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2008 |
||
| 2008 (N'Billion) |
2007 (N'Billion) |
|
| TURNOVER | 3.678 | 2.822 |
| PROFIT BEFORE TAXATION | 194.985m | 396.217m |
| TAXATION | (576.472m) | 199.705m |
| PROFIT AFTER TAXATION | (381.487m) | 595.922m |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | 23.056 | 9.765 |
| STOCK | 581.955m | |
| TRADE DEBTORS | 1.034 | 1.767 |
| CASH AND BANK BALANCES | 374.925 | 67.543m |
| OTHER DEBIT BALANCES | 308.678m | 326.056m |
| TRADE CREDITORS | 516.406m | 84.422m |
| SHORT TERM BORROWINGS | 1.085 | 163.070m |
| OTHER CREDIT BALANCES | 6.263 | 592.071m |
| WORKING CAPITAL | (6.359m) | 1.321 |
| NET ASSETS | 17.528 | 11.416 |
Notes
• The Company has been notified to bring forward the relevant information and dates with respect to the corporate action.
[ 14th May 2010 ]
AG LEVENTIS PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
||
| 2009 (N'Billion) |
2008 (N'Billion) |
|
| TURNOVER | 13.589 | 11.221 |
| PROFIT BEFORE TAXATION & EXTRAORDINARY ITEMS | 1.589 | 1.743 |
| EXCEPTIONAL ITEMS | 174.055 | - |
| TAXATION | (528.237m) | (525.366m) |
| PROFIT AFTER TAXATION | 1.234 | 1.218 |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | 10.001 | 8.434 |
| INVESTMENTS | 188.467m | 209.769m |
| STOCK | 3.284 | 1.657 |
| TRADE DEBTORS | 335.554m | 184.779m |
| CASH AND BANK BALANCES | 916.805m | 2.114 |
| OTHER DEBIT BALANCES | 1.706 | 1.104 |
| TRADE CREDITORS | 993.280m | 307.528m |
| SHORT TERM BORROWINGS | 304.626m | 121.049m |
| OTHER CREDIT BALANCES | 4.826 | 3.936 |
| WORKING CAPITAL | 1.352 | 1.884 |
| NET ASSETS | 10.308 | 9.370 |
The company proposed a Dividend of N10kobo per share; Closure of Register => 13th May, 2010.
Notes
• The Company has been notified to bring forward the relevant information and dates with respect to the corporate action.
[ 14th May 2010 ]
STERLING BANK PLC
| AUDITED FINANCIAL REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 |
|||
| 2009 (N) |
2008 (N) |
% CHANGE | |
| GROSS EARNINGS | 46,717 | 36,129 | 29.31 |
| PROFIT BEFORE TAXATION & EXTRAORDINARY ITEMS | (11,632) | (6,289) | -84.96 |
| EXCEPTIONAL ITEMS | - | 1,692 | |
| TAXATION | 2,612 | (1,398) | -286.84 |
| PROFIT AFTER TAXATION | (9,019) | 6,263 | -244 |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 5,212 | 5,387 | -3.25 |
| TREASURY BILLS | 9,607 | 21,378 | -55.06 |
| LOANS AND ADVANCES | 78,035 | 66,882 | 16.68 |
| CASH AND BANK BALANCES | 8,573 | 16,150 | -46.92 |
| OTHER DEBIT BALANCES | 119,888 | 140,048 | -14.40 |
| TRADE CREDITORS | 161,276 | 176,916 | -8.84 |
| OTHER CREDIT BALANCES | 38,967 | 41,489 | -6.08 |
| NET ASSETS | 21,073 | 31,441 | -32.98 |
| FIRST QUARTER RESULT FOR THE PERIOD ENDING 31ST MARCH 2010 |
|||
| 2010 (N'Million) |
2009 (N'Million) |
% CHANGE |
|
| GROSS EARNINGS | 8,296 | 9,550 | -13.13 |
| PROFIT BEFORE TAX | 1,407 | 592.53 | 137.46 |
| PROFIT/LOSS AFTER TAX | 1,272 | 426.76 | 198.06 |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 5,004 | 5,212 | -3.99 |
| CASH AND BANK BALANCES | 5,626 | 8,573 | -34.38 |
| OTHER DEBIT BALANCES | 99,922 | 119,888 | -16.65 |
| TRADE DEBTORS | 86,644 | 78,035 | 11.03 |
| TRADE CREDITORS | 138,541 | 161,276 | -14.10 |
| OTHER CREDIT BALANCES | 42,063 | 38,967 | 7.95 |
| NET ASSETS | 21,073 | 21,073 | 0.00 |
AGM Date: 17th June 2010
AGM Venue: Tinapa Business and Leisure Resort Calabar Cross River
Notes
• The External auditors drew attention to the losses incurred by the Group and Bank of N9.02b and N6.660b respectively during the period ended 31st December 2009. The Group and Bank have shareholders funds of N21.074b and N22.142b respectively.
• Managements plan for recapitalization have been included in the financial statements.
[ 13th May 2010 ]
GUINESS NIGERIA PLC
| UNAUDITED THIRD QUARTER MARCH 2010 | |||
| 2010 (N'B) |
2009 (N'B) |
% CHANGE | |
| TURNOVER | 80.576 | 64.258 | 25.39 |
| PROFIT BEFORE TAXATION | 13.754 | 16.084 | (14.49) |
| TAXATION | (4.704) | (5.050) | (6.85) |
| PROFIT AFTER TAXATION | 9.049 | 11.034 | (17.98) |
| BALANCE SHEET INFORMATION | |||
| 31-03-2010 | 30-06-2010 | ||
| FIXED ASSETS | 36.678 | 38.104 | (3.74) |
| STOCK | 19.235 | 16.847 | 14.17 |
| TRADE DEBTORS | 7.216 | 6.347 | 13.69 |
| CASH AND BANK BALANCES | 3.398 | 5.820 | (41.61) |
| OTHER CREDIT BALANCES | 4.657 | 6.748 | (30.98) |
| TRADE CREDITORS | 12.877 | 5.992 | 114.91 |
| SHORT TERM BORROWINGS | 1.067 | 6.897 | (84.52) |
| OTHER CREDIT BALANCES | 27.728 | 29.545 | (5.86) |
| WORKING CAPITAL | 15.905 | 16.126 | (1.37) |
| NET ASSETS | 29.512 | 31.524 | (6.38) |
[ 13th May 2010 ]
GREIF PLC
| AUDITED YEAR ENDED OCTOBER 2009 | |||
| 2009 (N'm) |
2008 (N'm) |
% CHANGE | |
| TURNOVER | 823.239 | 643.710 | 27.89 |
| PROFIT BEFORE TAXATION | 813,000 | 58.413 | (98.61) |
| EXTRAORDINARY ITEMS | (65.615) | (100.00) | |
| TAXATION | (18.017) | 9.782 | (284.19) |
| PROFIT AFTER TAXATION | 17.258 | 2.580 | 568.91 |
| BALANCE SHEET INFORMATION | |||
| FIXED ASSETS | 253.828 | 253.832 | 0.00 |
| STOCK | 144.097 | 128.738 | 11.93 |
| TRADE DEBTORS | 105.514 | 78.468 | 34.47 |
| CASH AND BANK BALANCES | 70.526 | 41.075 | 71.70 |
| OTHER CREDIT BALANCES | 156.238 | 212.097 | (26.34) |
| TRADE CREDITORS | 186.846 | 206.446 | (9.49) |
| OTHER CREDIT BALANCES | 245.609 | 192.758 | 27.42 |
| WORKING CAPITAL | 216.225 | 149.148 | 44.97 |
| NET ASSETS | 297.748 | 315.006 | (5.48) |
[ 11th May 2010 ]
CAPITAL HOTELS PLC
| UNAUDITED FINANCIAL STATEMENTS FOR THE FIRST QUARTER MARCH 2010 |
|||
2010 |
2009 |
% CHANGE |
|
| TURNOVER | 1.20 b | 976.290 m | 23.53 |
| PROFIT BEFORE TAXATION | 336.330 m | 245.587 m | 36.95 |
| TAXATION | (107.626 m) | (78.588 m) | 36.95 |
| PROFIT AFTER TAXATION | 228.704 m | 166.999 m | 36.95 |
| BALANCE SHEET INFORMATION | |||
| 31-03-10 | 31-12-09 | ||
| FIXED ASSETS | 1.675b | 1.730b | (3.19) |
| STOCK | 242.814m | 229.289m | 5.90 |
| TRADE DEBTORS | 641.171m | 554.521m | 15.63 |
| CASH AND BANK BALANCES | 2.036b | 1.648m | 23.53 |
| OTHER CREDIT BALANCES | 206.009m | 754.534m | (72.70) |
| TRADE CREDITORS | 59.616m | 184.085m | (67.61) |
| OTHER CREDIT BALANCES | 925.577m | 690.792m | 33.99 |
| WORKING CAPITAL | 2.141b | 2.312b | (7.38) |
| NET ASSETS | 2.720b | 2.491b | 9.18 |
[ 5th May 2010 ]
ACCESS BANK PLC
| INTERIM REPORT FOR THE PERIOD ENDED 31ST MARCH 2010 (FIRST QUARTER) |
||
| 2010 (N'Billion) |
2009 (N'Billion) |
|
| GROSS EARNINGS | 27.778 | 31.013 |
| PROFIT BEFORE TAX | 5.290 | 10.740 |
| TAXATION | (1.269) | (2.577) |
| PROFIT AFTER TAX | 4.020 | 8.162 |
| BALANCE SHEET INFORMATION | ||
| 31-03-10 | 31-12-2009 | |
| FIXED ASSETS | 25.949 | 27.944 |
| TREASURY BILLS | 35.127 | 17.207 |
| TRADE DEBTORS | 358.054 | 388.028 |
| CASH AND BANK BALANCES | 145.468 | 157.769 |
| OTHER DEBIT BALANCES | 110.023 | 102.795 |
| TRADE CREDITORS | 433.89 | 442.072 |
| OTHER CREDIT BALANCES | 62.890 | 76.345 |
| NET ASSETS | 170.941 | 168.346 |
[ 5th May 2010 ]
ACCESS BANK PLC
| FORECAST REPORT FOR SECOND QUARTER ENDED 30TH JUNE 2010 FORECAST PROFIT AND LOSS INFORMATION |
||
| 2010 (N'Billion) |
2009 (N'Billion) |
|
| TURNOVER | 22.211 | |
| PROFIT BEFORE TAX | 2.887 | |
| PROFIT AFTER TAX | 2.194 | |
[ 5th May 2010 ]
CADBURY NIGERIA PLC
| INTERIM REPORT FOR THE PERIOD ENDED 31ST MARCH 2010 (FIRST QUARTER) |
||
| 2010 (N'Billion) |
2009 (N'Billion) |
|
| TURNOVER | 6.404 | 5.361 |
| PROFIT BEFORE TAX | 410.586m | (650.071m) |
| TAXATION | NILL | NILL |
| PROFIT AFTER TAX | 410.586m | (650.071m) |
| BALANCE SHEET INFORMATION | ||
| 31-03-10 | 31-12-2009 | |
| FIXED ASSETS | 11.073 | 11.141 |
| STOCK | 3.076 | 3.027 |
| TRADE DEBTORS | 1.790 | 1.350 |
| CASH AND BANK BALANCES | 1.481 | 3.856 |
| OTHER DEBIT BALANCES | 8.727 | 5.870 |
| TRADE CREDITORS | 2.665 | 1.702 |
| SHORT TERM BORROWINGS | 130.009m | 261.434m |
| OTHER CREDIT BALANCES | 10.278 | 10.617 |
| NET ASSETS | 13.157 | 12.724 |
[ 5th May 2010 ]
FINBANK PLC
| INTERIM REPORT FOR THE PERIOD ENDED 31ST MARCH 2010 (FIRST QUARTER) |
||
| 2010 (N'Billion) |
2009 (N'Billion) |
|
| GROSS EARNINGS | 12.498 | 17.341 |
| PROFIT BEFORE TAX | 1.165 | 2.637 |
| TAXATION | (175m) | (369m) |
| PROFIT AFTER TAX | 990m | 2.268b |
| BALANCE SHEET INFORMATION | ||
| 31-03-10 | 31-12-2009 | |
| FIXED ASSETS | 15.979 | 16.120 |
| INVESTMENTS | 15.504 | 10.090 |
| TREASURY BILLS | 7.559 | 7.076 |
| TRADE DEBTORS | 54.782 | 44.485 |
| CASH AND BANK BALANCES | 9.534 | 9.278 |
| OTHER DEBIT BALANCES | 178.302 | 145.248 |
| TRADE CREDITORS | 218.059 | 197.041 |
| SHORT TERM BORROWINGS | 11.651 | 5.681 |
| OTHER CREDIT BALANCES | 120.392 | 86.005 |
| NET ASSETS | 48.322 | 65.012 |
RED STAR EXPRESS PLC
| AUDITED FINANCIAL STATEMENT FOR THE PERIOD ENDED 31ST MARCH 2009 |
||
| GROUP RESULT | ||
| 2009 (N) |
2008 (N) |
|
| TURNOVER | 3.969b | 3.09b |
| PROFIT BEFORE TAXATION | 459.769m | 305.544m |
| TAXATION | (211.484m) | (109.861m) |
| PROFIT AFTER TAXATION | 248.285m | 195.683m |
| BALANCE SHEET INFORMATION | ||
| FIXED ASSETS | 680.640m | 647.865m |
| STOCK | 33.987m | 42.588m |
| TRADE DEBTORS | 1.032b | 658.646m |
| CASH AND BANK BALANCES | 162.232m | 182.653m |
| OTHER DEBIT BALANCES | 442.181m | 437.404m |
| TRADE CREDITS | 104.501m | 109.567m |
| SHORT TERM BORROWINGS | 17.028m | 11.965m |
| OTHER CREDIT BALANCES | 951.142m | 670.015m |
| WORKING CAPITAL | 743.425m | 662.846m |
| NET ASSETS | 1.278b | 1.177b |
Proposed Dividend 30 Kobo per share. Annual General Meeting is slated for Thursday August 20, 2009 to be held at Welcome Center and Hotels Limited, International Airport Road, Mafoluku Lagos at 11:00a.m. Closure of Register; August 10th to 13th 2009 while Payment Date is August 27 2009.
