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

   ACCESS

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Index: 37024.72 -60.40 -0.16%
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Sector:
Financial Services
Sub-Sector:
Banking
Listing Date:
18th November, 1998
End of Accounting Year:
31 Dec
Share Outstanding:
22,888,251,478.00
NSE code
ACCESS
AGM Date:
25-04-2013


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outstanding dividend
My names Hassan Ahmed have shares with Access bank but have not receive any dividend from the year 2009

Affected:ACCESS   Status: 0   Replies: 1
Reduction in my reported Intercontinental Bank (ICB) Sha
Dear Sir/Madam, I do not know what is happening but I believe I have been defrauded in my Shares. I bought Intercontinental Bank Shares December of 2010 worth a Million Naira. As at Jan. 26, 2011, my ICB shares was a total of 440, 530 units. Also as at Nov. 21, 2011, the same ICB share volume was recorded. And this continue to be until the acquisition by Access Bank Plc. By the terms of the TIA, my ICB/Access shares should be 62932 units. However, with the acquisition over, what was reported as my Access Bank Shares, which was erroneously reflected as ICB was 62932 units; when I complained, I was told by ESL, my securities company that these error would be corrected but it was never corrected. By march 20th, 2012, I sold 15000 units of my ICB/Acess Bank shares, the reported Access Bank shares due me is now shown as 733 units instead of 47932 units. Please help me in this regards.

Affected:ACCESS   Status: 0   Replies: 1

No. Of Deals:   338.00

Volume Traded:   25,034,186.00

Value Traded:    279,000,841.65

52 Weeks High:  12.39

52 Weeks Low:    6.05

Open Price:    10.70

Close Price:    11.05

High Price:    11.64

Low Price:    10.70

Year To Date Appreciation:   51.37 

 

1 Week Change (%)

1 Month Change (%)

6 Months Change (%)

1 Year Change (%)

ACCESS

-5.56

0.45

23.46

79.67

NSE All-share Index

-7.47

0.32

34.94

76.07

Quarterly Results For ACCESS

5th April, 2013: 1st Quarter Results for the Period Ending 31-Mar-2013


Values
2013 N'm
2012 N'm
% Change
Profit & Loss Information
Gross Earnings
52,709
53,059
-0.66%
Profit Before Tax
11,444
15,531
-26.32%
Taxation
-1,529
-3,417
-55.25%
Profit Or Loss After Tax
9,592
11,779
-18.57%
Balance Sheet Information
Fixed Assets
61,452
64,566
-4.82%
Loans & Advances
623,098
608,638
2.38%
Cash & Bank Balances
261,956
296,185
-11.56%
Deposits
1,210,988
1,201,482
0.79%
Net Assets
248,313
240,990
3.04%
  VALUATION MEASURES
Market Cap :
252,915,178,831.90
EPS:
0.42
P/E:
26.37
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
1st Quarter
  Profitability
Profit Before Tax Margin
21.71
Profit After Tax Margin
18.20
Profit Before Tax Growth
-26.32
Profit After Tax Growth
-18.57
  Management Effectiveness
Return On Assets
0.00
Return On Equity
0.04


  INCOME STATEMENT
Revenue:
N52,709.00(mln)
Revenue Per Share :
2.30
Revenue Growth :
-0.66%
   Balance Sheet
Total Cash
261,956.00
Shareholder Fund Growth
3.04%
Loan Growth
2.38%
Deposit Growth
0.79%
Fixed Asset Growth
-4.82%
  Dividends & Splits
Dividend:
0.60 (2013-04-17)
Bonus Declared
1 for 10 (2010-05-13)
  TRADING INFORMATION
  Stock Price History
52-week Change:
79.67%
52-week Change
(relative to NSE Index)
76.07%
52-Week High:
12.39
52 Week Low :
6.05
50-Day Moving Average :
10.43
200-Day Moving Average:
9.93
  Share Statistics
Ave. Volume (3 month):
26,384,970.51
Ave. Volume (10 days):
21,652,322.70
Shares Outstanding:
22,888,251,478.00
Daily Volume
25,034,186.00


Access Bank Plc
Balance Sheet as at 31st Dec, 2012
Assets employed
2012
2011
Cash and cash equivalent
296,184,966
191,518,474
Non Pledged trading assets
27,906,803
10,812,122
Pledged Assets
60,949,856
66,191,144
Derivative financial instruments
30,949
9,909
Loans and Advances to banks
4,564,943
775,765
Loans and Advances to customers
604,073,399
576,288,507
Insurance receivables
627,337
1,405,000
Investment in equtiy accounted investee
2,548,828
2,812,805
Investment Securities
447,281,811
561,733,704
Trading Properties
2,693,227
6,688,000
Investment Properties
14,360,567
16,097,044
Property and Equipment
64,565,889
67,647,817
Intangible Assets
3,404,945
3,277,608
Deferred Income tax assets
8,113,973
2,930,928
Other Assets
177,042,627
120,874,368
Assets classified as held for sale
30,827,257
Total Assets
1745177377
1629003195
Financed by
Deposit from Banks
105,170,552
146,808,286
Deposit from customers
1,201,481,996
1,101,703,921
Derivative financial instruments
35,515
9,413
Debt securities issued
54,685,891
Retirement benefits obligations
2,487,589
1,876,578
Current tax liabilities
8,937,964
9,747,004
Other Liabilities
54,418,260
140,772,972
Claims payable
118,226
450,000
Liabilities on investment contracts
65,591
61,000
Liabilities on insurance contracts
3,351,234
2,703,000
Interest-bearing loans and borrowings
40,092,312
29,258,273
Contingent settlement provisions
3,548,250
3,548,000
Liabilities classified as held for sale
25,793,512
Total Liabilities
1504186892
1436938447
Equity
Share capital and share premium
176,628,255
155,104,963
Retained earnings
17,764,295
1,066,997,247
Other components of equity
38,498,341
20,649,521
Total equity attributable to owners of the Bank
232,890,891
169,009,907
Non Controlling Interest
8,099,594
23,054,841
240990485
192064748
Total liabilities and equity
1745177377
1629003195
PROFIT AND LOSS ACCOUNTS
For the year ended 31 December 2012
Gross Earnings
208,308,873
135,635,181
Interest Income
161,437,286
106,221,335
Interest Expense
1,008,682,366
1,037,267,591
Net Interest Income
96,377,828
69,747,102
Fee and commission income
28,734,285
22,330,793
Fee and commission expense
1,073,135,989
Net fee and commission income
28,128,450
22,330,793
Net trading income
7,544,853
2,269,130
Other Operating Expenses
9,577,913
4,156,923
17122766
6426053
Underwriting profit
1,014,536
657,000
Operating income
142,643,580
99,160,948
Net impairment loss on financial assets
1,062,951,173
1,064,677,887
Impairment charge on goodwill
-380,990
Net operating income after net impairment loss on financial assets
131,852,929
89,716,021
Personnel expenses
1,040,058,668
1,051,757,852
Operating lease expenses
1,071,686,045
1,071,827,613
Depreciation and amortization
1,062,720,313
1,067,487,669
Other operating expenses
1,032,984,920
1,038,295,167
Total expenses
-87517350
-65598995
Share of profit/(loss) of equity accounted investee
544,569
-10,000
Profit/Loss Before Tax
44,880,148
24,107,026
Income tax expense
1,071,723,517
1,066,712,716
Profit for the period from continuing operations
42861841
17077918
Loss from discontinued operations (net of tax)
1,069,284,767
-1,699,596
Profit for the year
38404784
15378322
Other comprehensive income net of income tax:
Foreign currency translation differences for foreign operations
1,387,577
-108,232
Fair value (loss)/gain on available-for-sale investments recognised in equity
1,069,082,635
1,072,468,583
Fair value gains on property and equipment
-68,549
15,509
Other comprehensive (loss)/gain for the year, net of tax
-3340161
-1365964
Total comprehensive income for the year
35,064,623
14,012,358
Profit attributable to:
Owners of the Bank
38,596,688
14,499,229
Non controlling Interests
-191,904
879,093
Profit for the year
38404784
15378322
Total comprehensive income attributable to:
Owners of the Bank
35,304,108
13,133,265
Non-controlling interest
-239,485
879,093
Total comprehensive income for the year
35064623
14012358
Basis Earnings per Share (Kobo)
169
86
Basis Earnings per Share (Kobo)-Continuing Operations
187
95
Statement of Cash Flows
For the period ended 31 December 2012
Cash flows from operating activities
Profit for the period
38,404,784
15,378,322
Adjustments for:
Depreciation of property and equipment
10,192,675
5,972,390
Amortization of intangible assets
1,335,149
622,308
Gain on disposal of property and equipment
-59,197
-482,058
Profit on disposal of trading properties
-18,843
-951,000
Reversal of impairment loss on investment property
-211,543
Loss on disposal of investment properties
193,674
Other staff costs
1,369,186
Impairment on financial assets
10,790,651
9,063,937
Impairment of goodwill
380,990
Additional gratuity provision
1,152,061
Contribution to defined contribution plans
574,428
Loss of control due to liquidation of subsidiaries
274,835
Profit on disposal of equity investment
-1,190,000
Profit on disposal of associates
-450,000
Loss on disposal of AMCON bonds investments
7,417,651
Property and equipment written off
550,571
1,915,833
Share of profit of equity accounted investee
1,073,197,255
10,000
Interest paid on borrowings and finance lease
4,095,028
104,220
Dividend received
1,072,057,245
-889,352
Income tax expense
2,018,307
7,099,020
74228138
38206741
Change in non-pledged trading assets
1,056,278,568
15,307,633
Change in pledged assets
5,241,288
189,721,941
Change in derivative financial instruments-assets
-42,349
1,100,894
Change in loans and advances to banks and customers
1,025,633,731
40,289,073
Change in insurance receivables
-180,326
-1,397,000
Change in other assets
1,017,696,535
30,661,532
Change in deposits from banks
1,047,879,631
814,354,203
Change in interest bearing loans and advances
14,920,861
6,497,923
Change in derivative financial instrument-liabilities
76,414
-715,594
Change in deposits from customers
99,778,075
36,211,331
Change in claims payable
-331,774
92,000
Change in liabilities on investment contracts
4,591
-672,000
Change in liabilities on insurance contracts
648,234
-219,000
Change in retirement benefit obligations
1,072,626,346
Change in other liabilities
998,035,203
29,430,172
-29957778
125128025
Income tax paid
1,066,089,708
1,069,162,473
Net cash (used in)/provided by operating activities
-37609894
120548674
Cash flows from investing activities
Net sale/(purchase) of investment securities
12,373,243
996,037,210
Dividend received
1,684,579
889,352
Acquisition of property and equipment
1,061,672,908
1,069,208,611
Proceeds from the sale of property and equipment
1,006,357
1,748,306
Acquisition of intangible assets
1,071,770,563
-484,227
Acquisition of investment properties
1,071,942,531
1,072,578,009
Proceeds from disposal of investment properties
2,297,956
853,718
Proceeds on disposal of trading properties
2,620,494
2,276,000
Acquisition of trading properties
1,072,423,145
-1,135,000
Proceeds from sale of equity investments
1,200,000
Proceeds from sale of AMCON bonds investments
88,050,442
Cash acquired from subsidiary
35,353,000
Cash lost on loss of control of subsidiaries
1,073,205,149
Net cash provided by/(used in) investing activities
91538247
-43900493
Cash flows from financing activities
Interest paid on long term borrowings
1,069,646,796
-104,220
Dividends paid to owners
1,061,153,285
1,064,797,707
Debt securities issued
54,685,891
Net cash provided by/(used in) financing activities
38002324
-9048337
Net increase/(decrease) in cash and cash
equivalents
91,930,677
67,599,844
Cash and cash equivalents at beginning of year
191,518,474
123,957,778
Cash and cash equivalents of assets held for sale
13,122,271
Effect of exchange rate fluctuations on cash held
-386,456
-39,148
Cash and cash equivalents at end of year
296184966
191518474
Investment Valuation Ratios
Investment Valuation Ratios
Dividend Per Share
-0
Profitability Ratios
Operating Profit Margin(%)
0.63%
Return on Net Worth(%)
0.41%
Return on Assets
0.06%
Debt Equity Ratio
6%
Cash Flow Indicator Ratios
Earning Retention Ratio
1%
Earnings Per Share
0
Net Interest Margin
1%
Cost to income ratio
0.07%
Capital Adequacy Ratio
0.13%
PBT Growth
0.86%
PAT growth
1.50%
PAT margin
0.18%
PBT MARGIN
0.22%
ROA
0.02%
ROE
0.16%
SHF Growth
0.38%
Loan Growth
0.05%
Assets Growth
0.07%
Deposit Growth
0.09%
Loan to deposit
0.50%
Deposit to Assets
0.69%
Equity capital to deposits
0.19%
Interest Income/Gross Earnings
0.77%
Non-Interest Income/Gross Earnings
5.77%
Loan to Asset
0.35%
Announcement Date
Agm Date
Book Closure
Address
--
2009-07-14
--
--
2010-05-26
--
6th April, 2011
2011-04-28
2011-04-11
Lagoon Resturant, Ozumba Mbadiwe Avenue, Victoria Island
16th March, 2012
2012-04-27
2012-04-13
To be Communicated.
3rd April, 2013
2013-04-25
2013-04-17
Oriental Hotel, Lekki, Lagos
Bonus
Bonus Type
Announcement Date
Payment Date
Closure Date
1 for 7
--
--
--
2005-08-22
1 for 3
--
--
--
2004-08-12
1 for 4
--
--
--
2001-09-21
1 for 10
FINAL
1st April, 2010
--
2010-05-13
Dividend
Dividend Type
Announcement Date
Payment Date
Closure Date
0.60
FINAL
3rd April, 2013
2013-04-25
2013-04-17
0.25
INTERIM
11th September, 2012
2012-10-17
2012-10-03
0.30
FINAL
16th March, 2012
2012-04-27
2012-04-13
0.30
FINAL
6th April, 2011
2011-04-28
2011-04-11
0.20
--
--
--
2010-09-03
0.1
--
--
--
2004-08-12
0.4
--
--
--
2007-07-16
0.65
--
--
--
2008-07-29
0.7
--
--
--
2009-07-01
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