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Old 4th November 2011, 11:57 AM
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Default Re: Aso Savings and Loans

THE Nigerian STOCK EXCHANGE
Result Announcement
ASO SAVINGS & LOANS
November 4, 2011
Audited Accounts (Dec. 2010)
Profit and Loss Information
Gross Earnings 31/03/2011 N11.007b 31/03/2010 N10.012b Interest & Similar Income 11 N9.431b 10 N8.758b Interest & Similar Expenses 11 (N5.488b) 10 (N5.769b) Fees, Commissions & Other Income 11 N1.576b 10 N1.253b Operating Expenses 11 (N4.458b) 10 (N4.121b) Provision for losses 11 N842.155m 10 (N3.364b) Exceptional 11 Nil 10 N114.685 Profit Before Tax 11 N1.902b 10 (N3.127b) Taxation 11 (N690.524m) 10 (N119.650m) Profit After Tax 11 N1.212b 10 (N3.247b)
Balance Sheet Information
Fixed Assets 31/03/2011 N1.770b 31/03/2010 N1.865b Long term Investments 11 N155.110m 10 N155.110m Treasury Bills 11 N20.431b 10 N15.645b Loans & Advances 11 N33.079b 10 N32.548b Cash and Bank Balances 11 N641.233m 10 N337.065m Other Debit Balances 11 N20.883b 10 N12.275b Deposits 11 N65.009b 10 N45.177b Other Credit Balances 11 N8.943b 10 N15.914b Net Assets 11 N3.008b 10 N1.796b
Corporate Actions
Proposed Dividend
Nil
Proposed Bonus
Nil
Payment Date
Nil
Closure Date
Nil
AGM Date
Nil
AGM Venue
Nil
Notes
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