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   CILEASING

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Index: 37024.72 -60.40 -0.16%
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Sector:
Services
Sub-Sector:
Employment/Staffing Solutions
Listing Date:
10th December, 1997
End of Accounting Year:
31 Jan
Share Outstanding:
1,882,818,912.00
NSE code
CILEASING
AGM Date:
28-09-2011


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Enquiry
Hello Proshare, I have 3 questions for you to clarify me on: 1. If CILEASING happens to declare dividend this 2012, will the NSE carry out price adjustment on the share price of 50Kobo by reducing it lower to say, 30Kobo, or will they leave it like that at 50Kobo, or will they leave it at 50Kobo temporarily, until it appreciates above that price after which they will reduce it by adjustment? I need clarification. 2. Is there any inherent problems in CILEASING that makes them very relunctant at releasing Quarterly results early enough as against their peers that releases theirs very early for investors? Please, I will like to know what these problems are, or if it is their preferred standard culture. 3. What is the real Share Outstanding of CILEASING because at the moment, I'm getting two different figures - one from ur site (Proshare) and the other from NSE's site. Also, clarify what their current EPS is. Thanks for your early reply!

Affected:CILEASING   Status: 1   Replies: 0
Nominal price/dividend offer
Its actually a question. I couldn\'t find an answer on the internet. The question is: If a company is trading at nominal price e.g CI leasing and declares a profit, will the company be able to issue dividends? I\'m just wondering how the price will be adjusted in this case? If no, what happens if a company company continues to be profitable and the listed price stays at nominal price? Thank you.

Affected:CILEASING   Status: 0   Replies: 1

No. Of Deals:   5.00


Volume Traded:   845,308.00


Value Traded:    422,654.00


52 Weeks High:  0.70


52 Weeks Low:    0.50

Open Price:    0.50


Close Price:    0.50


High Price:    0.50


Low Price:    0.50


Year To Date Appreciation:    - - 

 


1 Week Change (%)


1 Month Change (%)


6 Months Change (%)


1 Year Change (%)

CILEASING


0


0


0


0

NSE All-share Index


-7.47


0.32


34.67


74.77

Quarterly Results For CILEASING

23rd January, 2013: 3rd Quarter Results for the Period Ending 31-Oct-2012


Values
2012 N'm
2011 N'm
% Change
Profit & Loss Information
Gross Earnings
9,172
7,413
23.73%
Profit Before Tax
242
424
-42.91%
Taxation
-54
-87
-37.48%
Profit Or Loss After Tax
171
327
-47.69%
Balance Sheet Information
Fixed Assets
675
703
-3.92%
Loans & Advances
12
16
-24.78%
Cash & Bank Balances
2,725
456
498.12%
Working Capital
-9,805
-9,628
1.84%
Net Assets
2,090
1,920
8.85%
  VALUATION MEASURES
Market Cap :
941,409,456.00
EPS:
0.09
P/E:
5.51
Book Value :
N/A
Book Value Per Share :
N/A
Price/Book
N/A
  FINANCIAL HIGHLIGHTS
  Fiscal
Fiscal Year End
31 Jan
Most Recent Quarter
3rd Quarter
  Profitability
Profit Before Tax Margin
2.64
Profit After Tax Margin
1.86
Profit Before Tax Growth
-42.91
Profit After Tax Growth
-47.69
  Management Effectiveness
Return On Assets
0.05
Return On Equity
0.08


  INCOME STATEMENT
Revenue:
N9,172.00(mln)
Revenue Per Share :
4.87
Revenue Growth :
23.73%
   Balance Sheet
Total Cash
2,725.00
Shareholder Fund Growth
8.85%
Loan Growth
-24.78%
Deposit Growth
0.00%
Fixed Asset Growth
-3.92%
  Dividends & Splits
Dividend:
0.02 (2010-09-20)
Bonus Declared
2 for 3 (2003-06-13)
  TRADING INFORMATION
  Stock Price History
52-week Change:
0.00%
52-week Change
(relative to NSE Index)
76.07%
52-Week High:
0.70
52 Week Low :
0.50
50-Day Moving Average :
0.52
200-Day Moving Average:
0.52
  Share Statistics
Ave. Volume (3 month):
1,909,804.94
Ave. Volume (10 days):
983,634.30
Shares Outstanding:
1,882,818,912.00
Daily Volume
845,308.00


C & I Leasing Plc
Balance Sheet as at 31st Jan, 2011
Assets employed
2011
2010
Cash and short term funds
357,607
2,302,120
Long term investments
46,453
46,688
Loans and advances
36,007
123,850
Finance lease receivables
4,227,630
4,176,098
Lease rental due
217,944
147,352
Other assets
4,254,590
4,150,960
Intangible assets
709
Lease assets
2,834,758
1,352,210
Fixed assets
720,984
653,670
Total Assets
12696682
12952948
Liabilities
Loans and overdrafts
1,475,880
682,721
Short term borrowings
4,558,777
5,306,182
Current liabilities
1,702,617
1,423,795
Medium term liabilities
877,007
904,779
Convertible bond
2,288,505
2,278,305
Deferred taxation
8,412
Taxation
48,846
248,435
10960044
10844217
Capital and Reserves
Share capital
808,505
808,505
Share premium
679,526
679,526
Statutuory reserve
321,405
294,817
Capital reserve
1,215
1,215
General reserve
-212,618
205,229
Shareholders' fund
1598033
1989292
Non-controlling interest
138,605
119,439
12696682
12952948
PROFIT AND LOSS ACCOUNTS
For the year ended 31 Jan 2011
Gross income
8,647,445
8,287,858
Direct Costs
1,067,035,612
1,067,378,396
Gross profit
1,941,233
1,924,430
Provision for doubtful accounts
-215,725
-161,752
Operating expenses
1,071,906,834
1,072,090,313
(Loss)/profit before exceptional item and taxation
-109,482
111,167
Exceptional item
114,145
Taxation
-47,440
-118,127
(Loss)/profit after taxation
-156,922
107,185
Non-controlling interest
-19,166
35,221
(Loss)/profit after taxation and non-controlling interest
-176,088
142,406
Appropriation:
Transfer to statutory reserve
26,588
50,617
Transfer to general reserve
-202,676
91,789
-176088
142406
Basic earnings per share (kobo)
-11
9
Statement of Cash Flows
For the period ended 31 Jan 2011
Cash flows from operating activities
Gross income
8,612,770
8,274,734
Exceptional item
114,145
Cash payment to employees and suppliers
1,070,159,378
-3,795,880
Operating lease expense
-3,463,744
-2,534,360
VAT output
-177,786
-96,975
Tax paid
-247,029
-18,873
Operating profit before changes in operating assets/liabilities
1141765
1942791
Changes in operating assets/liabilities
Loans and advances
75,940
-12,879
Finance lease receivable
-12,345
183,042
Lease rental due
-202,931
-75,434
Other assets
-208,379
1,072,630,694
Short term borrowings
1,072,994,419
2,716,821
Current liabilities
278,822
1,072,016,459
Medium term liabilities
-27,772
756,916
Net cash provided by operating activities
297695
2674762
Cash flows from investing activities
Investments
81,459
Proceeds from sale of leased assets
126,170
94,080
Proceeds from sale of fixed assets
32,416
2,396
Purchase of leased assets
1,071,612,287
-439,596
Purchase of fixed assets
-199,888
-120,700
Net cash used in investing activities
-2170839
-382361
Cash flows from financing activities
Dividend paid
-42,000
-174,637
Interest on loans and overdraft
-832,728
1,072,639,923
(Liquidation)/proceeds from convertible bond
10,200
2,258,085
Net cash (used in)/ provided by financing activities
-864528
981547
Net decrease in cash and cash equivalents
-2,737,672
3,273,948
Cash and cash equivalents, at 1 February
1,619,399
1,072,087,275
Cash and cash equivalents at 31 January
-1118273
1619399
Investment Valuation Ratios
Dividend Per Share
-0
Profitability Ratios
Gross Profit Margin(%)
0.22%
Return On Net Worth(%)
-0.10%
Return on Assets
-0.01%
Liquidity And Solvency Ratios
Debt Equity Ratio
6.86%
Cash Flow Indicator Ratios
Earnings Per Share
-0
Announcement Date
Agm Date
Book Closure
Address
--
2008-08-28
--
--
2009-10-20
--
2nd September, 2010
2010-10-05
2010-09-20
The Dike Hall, 1 Kofo Abayomi Street, Victoria Island Lagos
28th July, 2011
2011-09-28
2011-09-14
Dike hall, kofo Abayomi Street, Victoria Island @10.00am
Bonus
Bonus Type
Announcement Date
Payment Date
Closure Date
1 for 2
--
--
--
2004-05-24
2 for 3
--
--
--
2003-06-13
1 for 2
--
--
--
2004-05-24
2 for 3
--
--
--
2003-06-13
Dividend
Dividend Type
Announcement Date
Payment Date
Closure Date
0.02
FINAL
--
--
2010-09-20
0.12
--
--
--
2009-10-13
0.1
--
--
--
2001-07-05
0.15
--
--
--
2002-07-11
0.15
--
--
--
2003-06-13
0.1
--
--
--
2004-05-24
0.1
--
--
--
2005-07-11
0.05
--
--
--
2006-06-23
0.05
--
--
--
2006-09-06
0.06
--
--
--
2007-08-23
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