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Old 5th December 2011, 12:15 AM
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Default Re: Aso Savings and Loans

ASO SAVINGS and LOANS November 28 2011
Unaudited Accounts Q2 (Sept 2011)
30/09/2011 30/09/2010
Gross Earnings N4.876b N5.551b
Interest Expenses (N1.126b) (N1.533b)
Net Earnings N3.749b N4.018b
Operating Expenses (N2.376b) (N1.945b)
Interest on Borrowings (N988.852m) (N1.681b)
Provision for Loans (N628.162m) (N2.523m)
Profit Before Tax (N243.348m) N394.248m
Taxation Nil (N292.310m)
Profit After Tax (N243.348m) N101.937m)
BI 30/09/2011 31/03/2011
Fixed Assets N4.368b N4.070b
Placements N16.048b N8.659b
Investments N272.205m N272.205m
Loans AND Advances N28.417b N36.415b
Cash and Bank Balances N3.341b N3.029b
Other Debit Balances N18.631b N8.297b
Deposits N64.426b N54.955b
Other Credit Balances N4.546b N3.085b
Net Assets N2.105b N2.702b
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