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  #61 (permalink)  
Old 5th April 2011, 11:11 PM
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Default Re: Prestige Assurance
Quote:
Originally Posted by BigSeun View Post
Prestige Assurance Plc
Audited Report for the Year ended 31st December 2010
2010 2009 %
mn mn
TURNOVER 3,874.00 3,445.00 12.45%
PROFIT AFTER TAX 822.56 864.68 -4.87%
PROFIT BEFORE TAX 487.70 593.07 -17.77%

Proposed Dividend 6 kobo
Bonus 1:6
Closure Date 26-Jul-11
Payment Date 12-Aug-11

Miracles are happening lol

PAT is higher than PBT lol. Na so FIRS dey dash people tax credit lol

Na wa for this result o
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  #62 (permalink)  
Old 5th April 2011, 11:26 PM
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Default Re: Prestige Assurance
Quote:
Originally Posted by wanaj0 View Post
Miracles are happening lol

PAT is higher than PBT lol. Na so FIRS dey dash people tax credit lol

Na wa for this result o

I did not even notice that. Maybe they switched the numbers, because PAT is higher than PBT in 2009 too.
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  #63 (permalink)  
Old 5th April 2011, 11:29 PM
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Default Re: Prestige Assurance
Quote:
Originally Posted by wanaj0 View Post
Miracles are happening lol

PAT is higher than PBT lol. Na so FIRS dey dash people tax credit lol

Na wa for this result o

Make somebody wear magnifying lens look the result well.
The result sef dey fear me.
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  #64 (permalink)  
Old 6th April 2011, 09:26 AM
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Default Re: Prestige Assurance
Quote:
Originally Posted by wanaj0 View Post
Miracles are happening lol

PAT is higher than PBT lol. Na so FIRS dey dash people tax credit lol

Na wa for this result o
PRESTIGE ASSURANCE PLC
05 April 2011
Audited Year Ended (December) 2010

Profit and Loss Information
Turnover 10 N3.874b 09 N3.445b
PBT 10 N822.560m 09 N864.682m
Tax 10 (N334.862m) 09 (N271.610m)
PAT 10 N487.698m 09 N593.072m

Balance Sheet Information
Fixed Assets 10 N917.053m 09 N608.196m
Stock 10 N2.274b 09 N2.419b
Trade Debtors 10 N789.569m 09 N603.359m
Cash And Bank Balances 10 N343.973m 09 N323.517m
Other Debit Balances 10 N3.229b 09 N2.983b
Insurance Funds 10 N1.379b 09 N1.471b
Other Credit Balances 10 N1.418b 09 N1.122b
Net Assets 10 N4.755b 09 N4.343b

Corporate Actions
Proposed Dividend: 6kobo
Proposed Bonus: 1 for 6
Payment Date:12th August 2011
Closure Date: 26th – 29th July 2011
AGM Date:11th August 2011
AGM Venue:Nil
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  #65 (permalink)  
Old 23rd May 2011, 07:13 PM
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Default Re: Prestige Assurance
Result Announcement
PRESTIGE ASSURANCE PLC
23 May 2011
Unaudited Q1 (March) 2011
Profit and Loss Information
Gross Premium 11 N1.109b 10 N1.215b
Profit Before Tax 11 N243.448m 10 N490.266m
Taxation 11 (N78.690m) 10 (N158.469m)
Profit After Tax 11 N164.758m 10 N331.796m
Balance Sheet Information
Fixed Assets 31-03-11 N765.396m 31-12-10 N917.053m
Stock 11 N1.848b 10 N2.213b
Trade Debtors 11 N1.884b 10 N1.468b
Cash and Bank Balances 11 N311.209m 10 N343.973m
Other Debit Balances 11 N2.292b 10 N2.610b
Trade Creditors 11 N1.176b 10 N1.379b
Other Credit Balances 11 N1.018b 10 N1.418b
Net Assets 11 N4.907b 10 N4.755b
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  #66 (permalink)  
Old 24th May 2011, 02:25 PM
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Default Re: Prestige Assurance
Quote:
Originally Posted by aysok1 View Post
Result Announcement
PRESTIGE ASSURANCE PLC
23 May 2011
Unaudited Q1 (March) 2011
Profit and Loss Information
Gross Premium 11 N1.109b 10 N1.215b
Profit Before Tax 11 N243.448m 10 N490.266m
Taxation 11 (N78.690m) 10 (N158.469m)
Profit After Tax 11 N164.758m 10 N331.796m
Balance Sheet Information
Fixed Assets 31-03-11 N765.396m 31-12-10 N917.053m
Stock 11 N1.848b 10 N2.213b
Trade Debtors 11 N1.884b 10 N1.468b
Cash and Bank Balances 11 N311.209m 10 N343.973m
Other Debit Balances 11 N2.292b 10 N2.610b
Trade Creditors 11 N1.176b 10 N1.379b
Other Credit Balances 11 N1.018b 10 N1.418b
Net Assets 11 N4.907b 10 N4.755b
This insurance no dey represent again oo!
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  #67 (permalink)  
Old 24th May 2011, 02:33 PM
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Default Re: Prestige Assurance
Quote:
Originally Posted by Oracle View Post
This insurance no dey represent again oo!
I no see anything PRESTIGEOUS for that balance sheet o.
Abi I no see well?
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  #68 (permalink)  
Old 24th May 2011, 04:01 PM
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Default Re: Prestige Assurance
Quote:
Originally Posted by faithgonuel View Post
I no see anything PRESTIGEOUS for that balance sheet o.
Abi I no see well?
The insurance sector is really in shambles...nothing like prestige in the sector for now...
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  #69 (permalink)  
Old 24th May 2011, 05:01 PM
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Default Re: Prestige Assurance
Quote:
Originally Posted by faithgonuel View Post
I no see anything PRESTIGEOUS for that balance sheet o.
Abi I no see well?
You can actually see better if you put Prestige's Q1 results pari pasu with GTA's. And then relate this to their respective market prices. The difference, in a number of respects and on a per share basis, no be potato. The market must have observed this today and further punished GTA and rewarded Prestige. Prestige is much more cheaper than GTA on a comparative basis.
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  #70 (permalink)  
Old 15th August 2011, 01:15 PM
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Default Re: Prestige Assurance
PRESTIGE ASSURANCE PLC 15 August 2011
Unaudited Q2 June 2011
2011 2010
Gross Premium Written N2.061b N2.457b
PBT And Extraordinary Items N693.141m N880.259m
Exceptional Items (N6.931m) (N8.802m)
Profit Before Tax N686.209m N871.456m
Taxation (N221.805m) (N281.683m)
Profit After Tax N464.404m N589.773m
Balance Sheet Information 30-06-11 31-12-10
Fixed Assets N893.332m N917.053m
Investment N1.626b N1.235b
Short Term Investments N1.783b N2.213b
Trade Debtors N2.031b N1.468b
Cash and Bank Balances N287.524m N343.973m
Other Debit Balances N985.537m N1.375b
Insurance Fund N1.388b N1.379b
Other Credit Balances N1.034b N1.418b
Net Assets N5.184b N4.755b
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  #71 (permalink)  
Old 5th April 2012, 12:31 PM
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Default Re: Prestige Assurance
PRESTIGE ASSURANCE PLC
April 5, 2012
Q2 (June, 2012) Earnings Forecast
Forecast Profit and Loss Information
Turnover N2.112b
Cost of Sales (Nil)
Profit before Tax N458mm Taxation (N149m)
Profit after Tax N307m

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  #72 (permalink)  
Old 3rd May 2012, 08:51 PM
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Default Re: Prestige Assurance
RESULT ANNOUNCEMENT
PRESTIGE ASSURANCE PLC
May 3rd 2012

http://www.nse.com.ng/Financial%20Ne...012audited.pdf
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