Business Summary Management Board of Directors Joint Auditors Company Registrar Subsidiaries/Associates Capital Structure

   AFRIBANK Status: Delisted

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Index: 36817.75 -90.06 -0.24%
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Sector:
Financial Services
Sub-Sector:
Banking
Listing Date:
29th October, 1993
End of Accounting Year:
31 Dec
Share Outstanding:
13,558,921,243.00
NSE code
AFRIBANK
AGM Date:
--


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i want to know.
i want to know what will happen to my share in Afribank now that is no longer in the stock market. even if i want to sell it, can it be sold why is not in the market.

Affected:AFRIBANK   Status: 0   Replies: 1
Afribank, PHB
Question: Could you please shed some light on this question: What happened to the shares of investors in Afribank and PHB after liquidation? Is AMCON going to do something about those investors after selling off the assests of these banks? Please let me know your thoughts as I am one of the concerned investors. thanks elliot. bakin.sofidiya

Affected:AFRIBANK   Status: 0   Replies: 1

No. Of Deals:   20.00

Volume Traded:   646,608.00

Value Traded:    413,829.12

52 Weeks High:  3.39

52 Weeks Low:    0.64

Open Price:    0.64

Close Price:    0.64

High Price:    0.64

Low Price:    0.64

Year To Date Appreciation:   -92.99 

 

1 Week Change (%)

1 Month Change (%)

6 Months Change (%)

1 Year Change (%)

AFRIBANK

-12.33

-45.76

-79.68

-66.49

NSE All-share Index

2.4

50.49

37.57

43.17

Quarterly Results For AFRIBANK

24th June, 2011: Audited Results for the Period Ending 31 DEC 2010


Values
2011 N'm
2010 N'm
% Change
Profit & Loss Information
Gross Earnings
55,963
93,591
-40.2%
Profit Before Tax & Extra-Odinary Item
4,740
-230,418
-102.06%
Exceptional Items
-4,152
0
0%
Taxation
1,410
279
405.38%
Profit Or Loss After Tax
1,998
-230,139
-100.87%
Balance Sheet Information
Fixed Assets
13,937
13,321
4.62%
Treasury Bill
15,928
10,588
50.43%
Loans & Advances
55,952
118,223
-52.67%
Cash & Bank Balances
14,998
14,290
4.95%
Deposits
281,386
249,506
12.78%
Other Credit Balances
234,397
285,601
-17.93%
Other Debit Balances
160,901
120,662
33.35%
Net Assets
-254,067
-258,024
-1.53%
  VALUATION MEASURES
Market Cap :
8,677,709,595.52
EPS:
0.15
P/E:
4.34
Book Value :
N/A
Book Value Per Share :
N/A
Price/Book
N/A
  FINANCIAL HIGHLIGHTS
  Fiscal
Fiscal Year End
31 Dec
Most Recent Quarter
Audited Result
  Profitability
Profit Before Tax Margin
0.00
Profit After Tax Margin
3.57
Profit Before Tax Growth
0.00
Profit After Tax Growth
-100.87
  Management Effectiveness
Return On Assets
0.00
Return On Equity
-0.01


  INCOME STATEMENT
Revenue:
N55,963.00(mln)
Revenue Per Share :
4.13
Revenue Growth :
-40.20%
   Balance Sheet
Total Cash
14,998.00
Shareholder Fund Growth
-1.53%
Loan Growth
-52.67%
Deposit Growth
12.78%
Fixed Asset Growth
4.62%
  Dividends & Splits
Dividend:
0.15 (2001-08-27)
Bonus Declared
1 for 1 (2002-08-26)
  TRADING INFORMATION
  Stock Price History
52-week Change:
-66.49%
52-week Change
(relative to NSE Index)
43.17%
52-Week High:
3.39
52 Week Low :
0.64
50-Day Moving Average :
1.08
200-Day Moving Average:
1.97
  Share Statistics
Ave. Volume (3 month):
2,381,412.05
Ave. Volume (10 days):
1,844,809.60
Shares Outstanding:
13,558,921,243.00
Daily Volume
646,608.00


Afribank Nigeria Plc
Balance Sheet as at 31 March 2008
Assets employed
2008
2007
Cash and balances with central banks
7,788
2,834
Short-term investments
6,276
167
Bills discounted
146,387
54,913
Due from other banks
45,209
36,579
Loans and advances to customers
104,226
61,386
Long-term investments
2,518
2,183
Fixed assets
9,365
7,605
Other assets
30,501
21,412
Total Asset
317977
187079
Financed by
Deposits and other accounts
217,977
135,645
Due to banks
1,814
618
Other liabilities
85,504
16,252
Tax payable
5,659
2,232
Deferred taxation
1,114
1,010
Total Liabilities
312068
155757
CAPITAL AND RESERVES
Share capital
3,065
2,554
Share premium
14,707
14,707
Reserves
21,755
13,513
Shareholders funds
39,526
30,774
Minority interest
676
548
40,202
31,322
352,270
187,079
Acceptance, bonds, guarantees and other obligations for the account of customers
52045
48233
PROFIT AND LOSS ACCOUNTS
For the year ended 31 March 2008
Gross Earnings
49196
27538
Profit before taxation and exceptional charge
15,116
9,136
Exceptional charge
-1,847
Profit before taxation
15,116
7,288
Information Technology levy
-149
Taxation
-4,934
-2,092
Profit after taxatiion
10,033
5,196
Minority interest
-128
-116
9,905
5,081
Dividend
1,532
Per share data (kobo)
Earnings per share (basic)
176
99
Dividend per share
30
Net assets per share
645
602
Statement of Cash Flows
For the period ended 31 March 2008
Cash flows from operating activities
Interest and commission earned
49,124,236
27,432,616
Interest expenses
1,061,310,078
1,069,008,406
Provision on loans and advances
1,071,467,609
1,072,327,690
Provision on other risk assets
-199,193
-471,237
Profit/(loss) on sale of fixed assets
-186,957
12,237
Cash payment to employees and suppliers
1,055,755,950
1,060,978,341
Tax paid
1,072,339,145
-509,347
14643571
7553233
Changes in operating assets/liabilities
Short term investments
1,059,002,467
1,057,365,842
Loans and advances
1,030,901,866
1,042,527,631
Other assets
1,064,653,027
1,055,148,169
Deposits and current accounts
83,528,486
60,751,299
Other liabilities
69,251,996
736,310
Exchange difference reserve
445,264
1,072,585,025
86557634
-5853019
Net cash provided by/(used in) operating activities
101201206
1700214
cash flows from investing activities
Proceeds from disposal of fixed assets
279,716
1,983
Dividend received
71,403
105,062
Purchase of fixed assets
1,070,551,322
1,072,430,779
Net sale/purchase of long term investments
-400,893
865,669
Net cash (used in)/ provided by investing activities
-3240277
-338331
Cash flows from financing activities
Capital issue expenses
-40,850
Dividend paid
1,072,209,294
Net cash from used in financing activities
-1532530
-40850
Net increase in cash and cash equivalents
96,428,399
1,321,033
Cash and cash equivalents, beginning of year
57,746,710
56,425,677
Cash and cash equivalents, end of year
154175109
57746710
Investment Valuation Ratios
Investment Valuation Ratios
Dividend Per Share
-0
Operating Profit Per Share (Rs)
Profitability Ratios
Operating Profit Margin(%)
Net Profit Margin
Return on Net Worth(%)
0.25%
Return on Assets
0.03%
Debt Equity Ratio
8
Net Interest Margin
Cost to income ratio
Capital Adequacy Ratio
0.12%
PBT Growth
1.07%
PAT growth
0.93%
PAT margin
0.20%
PBT MARGIN
0.31%
ROA
0.03%
ROE
0.25%
SHF Growth
0.28%
Loan Growth
0.70%
Assets Growth
0.70%
Deposit Growth
0.61%
Loan to deposit
0.48%
Deposit to Assets
0.69%
Cost/Income (%)
Net Profit Margin (%)
0.20%
Dividend yield
-0
P/E
1,540,633
P/BV
0
Equity capital to deposits
0.18%
Loan-to-deposits (LTD)
0.48%
NPL Ratio (RHS)
BVPS (N)
Interest Income/Gross Earnings
Non-Interest Income/Gross Earnings
Loan to Asset
0.33%
Cash Flow Indicator Ratios
Dividend Payout Ratio
-153
Earning Retention Ratio
Earnings Per Share
0
Announcement Date
Agm Date
Book Closure
Address
Bonus
Bonus Type
Announcement Date
Payment Date
Closure Date
1 for 3
--
--
--
2008-09-24
1 for 5
--
--
--
2007-08-20
1 for 1
--
--
--
2002-08-26
1 for 5
--
--
--
2007-08-20
1 for 1
--
--
--
2002-08-26
Dividend
Dividend Type
Announcement Date
Payment Date
Closure Date
0.15
--
--
--
2001-08-27
0.15
--
--
--
2002-08-26
0.2
--
--
--
2004-11-01
0.3
--
--
--
2007-08-20
0.5
--
--
--
2008-09-24
Right Ratio
Face Value
Announcement Date
Record Date
Ex-right Date
Premium
Old Face Value
New Face Value
Announcement Date
Ex-split Date
Meeting Date
Remark/Outcome