Aso Savings And Loans Plc
Balance Sheet as at 31st March, 2009
Cash and short-term funds
320,767
113,863
Due from banks and other financial institutions
7,786,327
9,006,912
Placements
15,241,136
26,271,422
Long-term investments
157,870
157,870
Loans and advances
36,033,261
29,893,700
Other Assets
1,955,828
1,040,555
Fixed assets
1,272,388
793,819
TOTAL ASSETS
62786922
67,278,141
Deposit and current accounts
48,807,519
45,298,764
Due to other banks
620,000
7,722,294
Tax payable
470,171
189,289
Long-term borrowing
4,695,047
4,304,961
Shareholders fund
5,477,533
5038009
TOTAL LIABILITIES AND SHAREHOLDERS’ FUNDS
62,786,922
67,278,141
Off balance sheet
22693383
21866997
For the year ended 31 March 2009
Gross Earnings
10090144
7063135
Profit before taxation
1,136,809
1,331,982
Profit after taxation
873,481
1,061,766
Earnings per share - Basic (Kobo)
10
34k
Net assets per share - Actual (kobo)
63
58
For the period ended 31 March 2009
Cash flow from operating activities
Interest received
9,303,048
6,046,616
Commission and other income received
787,033
1,016,519
Interest expenses paid
1,071,665,355
-1,355,956
Cash payment to employees and suppliers
1,069,989,302
-2,687,968
Income tax paid
-82,718
-16,652
Operating profit before changes in operating assets and liabilities
4,178,372
3,002,559
Changes in operating assets/liabilities
Loans and advances
1,067,602,263
1,069,750,311
Other assets
1,072,826,551
-538,592
Due to other banks
1,066,639,530
3,087,942
Deposit and current accounts
3,508,755
8,195,841
Other liabilities
1,071,874,250
3,929,561
Net cashflow from operating activities
-8337575
13685798
Cash flows from investing activities
Purchase of investments
-155,110
Purchase of fixed assets
-770,626
1,073,115,515
Proceeds on sale of fixed assets
4,563
3,022
Net cash used in investing activities
-766063
-778397
Cash flows from financing activities
Finance lease repayments
-59,671
-19,462
Proceeds from issue of shares
3,085,796
Long term loan repayments
-539,914
Interest on long term borrowing
1,070,905,037
-1,567,184
Dividend paid to shareholders
-433,957
Inflow from long term borrowing
930,000
3,819,953
Net cashflow from financing activities
-2940329
5319103
Net (decrease)/increase in cash and cash equivalents
1,061,697,857
18,226,504
Cash and cash equivalents at beginning of year
35,392,197
17,165,693
Cash and cash equivalents at 31 March
23348230
35392197
Investment Valuation Ratios
Operating Profit Per Share (Rs)
Operating Profit Margin(%)
Return On Capital Employed(%)
Liquidity And Solvency Ratios
Number of Days In Working Capital
Cash Flow Indicator Ratios
Total Assets Turnover Ratio
0
Fixed Assets Turnover Ratio
8%