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

   OCEANIC Status: Delisted

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Index: 36817.75 -90.06 -0.24%
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Sector:
Financial Services
Sub-Sector:
Banking
Listing Date:
25th June, 2004
End of Accounting Year:
31 Dec
Share Outstanding:
22,221,369,213.00
NSE code
OCEANIC
AGM Date:
27-09-2011


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Oceanic Vintage Fund
I will like to what is going on with Oceanic Vintage Fund.I use to see its daily quotes on the newspaper,but not anymore..Not even a dividend yet.Now that EcoBank as taken over,as an investor,really dont know my fate.

Affected:OCEANIC   Status: 0   Replies: 1
Share purchase ratio
I had 10, 500 units of Oceanic Bank before the last banking sector sanitization process. I would like to know which entity acquired Oceanic Bank and what the ration of the share purchase is in order for me to know my current holding in the new entity.

Affected:OCEANIC   Status: 0   Replies: 1

No. Of Deals:   10.00

Volume Traded:   91,000.00

Value Traded:    104,650.00

52 Weeks High:  3.85

52 Weeks Low:    0.96

Open Price:    1.15

Close Price:    1.15

High Price:    1.15

Low Price:    1.15

Year To Date Appreciation:   -90.43 

 

1 Week Change (%)

1 Month Change (%)

6 Months Change (%)

1 Year Change (%)

OCEANIC

0

0

-41.92

-4.17

NSE All-share Index

2.4

67.53

48.08

62.27

Quarterly Results For OCEANIC

5th May, 2011: Audited Results for the Period Ending


Values
2011 N'm
2010 N'm
% Change
Profit & Loss Information
Gross Earnings
110,497
196,407
-43.74%
Profit Before Tax
32,946
116,147
-71.63%
Taxation
4,263
27,139
-84.29%
Profit Or Loss After Tax
28,682
89,007
-67.78%
Balance Sheet Information
Fixed Assets
59,775
66,213
-9.72%
Treasury Bill
27,331
30,447
-10.23%
Loans & Advances
280,270
387,802
-27.73%
Cash & Bank Balances
47,351
54,707
-13.45%
Deposits
658,169
556,781
18.21%
Other Credit Balances
410,197
460,232
-10.87%
Other Debit Balances
563,868
381,916
47.64%
Net Assets
-89,768
-115,924
-22.56%
  VALUATION MEASURES
Market Cap :
25,554,574,594.95
EPS:
1.29
P/E:
0.89
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
Audited Result
  Profitability
Profit Before Tax Margin
29.82
Profit After Tax Margin
25.96
Profit Before Tax Growth
-71.63
Profit After Tax Growth
-67.78
  Management Effectiveness
Return On Assets
0.02
Return On Equity
-0.32


  INCOME STATEMENT
Revenue:
N110,497.00(mln)
Revenue Per Share :
4.97
Revenue Growth :
-43.74%
   Balance Sheet
Total Cash
47,351.00
Shareholder Fund Growth
-22.56%
Loan Growth
-27.73%
Deposit Growth
18.21%
Fixed Asset Growth
-9.72%
  Dividends & Splits
Dividend:
0.32 (2005-12-19)
Bonus Declared
1 for 4 (2007-01-17)
  TRADING INFORMATION
  Stock Price History
52-week Change:
0.88%
52-week Change
(relative to NSE Index)
64.31%
52-Week High:
3.85
52 Week Low :
0.96
50-Day Moving Average :
1.14
200-Day Moving Average:
1.96
  Share Statistics
Ave. Volume (3 month):
5,328,552.95
Ave. Volume (10 days):
337,986.50
Shares Outstanding:
22,221,369,213.00
Daily Volume
91,000.00


Oceanic Bank International Plc
Balance Sheet as at 31 December 2010
Assets employed
2010
2009
Cash and balances with central banks
47,351,523
54,707,470
Treasury bills and other eligible bills
27,331,423
30,447,834
Due from other banks
74,762,693
39,182,601
Loans and advances to customers
280,270,830
387,803,734
Advances under finance lease
1,094,515
3,209,040
Insurance receivables
166,335
340,860
Investment securities
325,544,188
132,988,205
Deferred tax assets
130,548,721
133,422,861
Investment properties
9,362,484
12,156,324
Other assets
22,389,810
40,616,768
Property and equipment
59,775,133
66,213,836
Total assets
978597655
901089533
Financed by:
Customer deposits
658,169,406
556,781,495
Due to other banks
231,412,327
262,330,695
Liability on investment contracts
559,541
640,630
Liabilities on insurance contracts
1,336,080
1,208,092
Borrowed funds
33,602,654
25,830,000
Income tax payable
2,508,815
2,797,328
Other Liabilities
38,445,548
65,867,726
Deferred tax liabilities
18,051
CBN intervention loan
100,000,000
100,000,000
Retirement benefit obligations
2,314,202
1,557,719
Total Liabilities
1068366624
1017013685
Total equity and liabilities
Share capital
11,110,685
11,110,685
Share premium
176,748,589
176,748,589
Retained earnings
774,297,883
754,667,741
Other reserves
22,213,777
15,648,227
Deposit for shares
Equity holders of parent
-89370890
-115566582
Non-controlling interest
-398,079
-357,570
Total equity
-89768969
-115924152
Total equity and liabilities
978597655
901089533
Acceptance and guarantees
59452739
107715379
PROFIT AND LOSS ACCOUNTS
For the year ended 31 December 2010
Gross Earnings
110497755
196407964
Operating income
57,898,895
121,477,352
Operating expenses
1,005,678,541
974,945,282
Write back/(diminution) in asset values
43,110,523
934,913,803
Profit/ (loss) before taxation
32,946,135
957,594,613
Taxation
1,069,478,145
27,139,652
Profit/ (loss) after taxation
28,682,456
984,734,265
Non-controlling interest
1,111,431
388,115
Profit/ (loss) attributable to the Group
29,793,887
985,122,380
Appropriated as follows:
Transfer to statutory reserve
7,627,994
Transfer to contingency reserve
108,809
102,430
Transfer to retained earnings reserve
22,057,084
985,019,950
29793887
-88619444
Total non-performing loans
161,776,580
634,047,491
Total non-performing loans to total loans
0%
1%
Basic earnings/(loss) per share (Naira)
N1.34
(N3.99)
Investment Valuation Ratios
Investment Valuation Ratios
Dividend Per Share
Operating Profit Per Share (Rs)
Profitability Ratios
Operating Profit Margin(%)
Net Profit Margin
Return on Net Worth(%)
-0.32%
Return on Assets
0.03%
Debt Equity Ratio
-12
Net Interest Margin
Cost to income ratio
-1.18%
Capital Adequacy Ratio
-0.09%
PBT Growth
1.28%
PAT growth
1.32%
PAT margin
0.26%
PBT MARGIN
0.30%
ROA
0.03%
ROE
-0.32%
SHF Growth
-0.23%
Loan Growth
-0.28%
Assets Growth
0.09%
Deposit Growth
0.18%
Loan to deposit
0.43%
Deposit to Assets
0.67%
Cost/Income (%)
-1.18%
Net Profit Margin (%)
0.26%
Dividend yield
P/E
937
P/BV
-0
Equity capital to deposits
Loan-to-deposits (LTD)
0.43%
NPL Ratio (RHS)
BVPS (N)
Interest Income/Gross Earnings
Non-Interest Income/Gross Earnings
5.96%
Loan to Asset
0.29%
Cash Flow Indicator Ratios
Dividend Payout Ratio
Earning Retention Ratio
Earnings Per Share
0
Announcement Date
Agm Date
Book Closure
Address
--
2009-08-20
--
2nd Sept, 2011
2011-09-27
2011-09-05
Lagoon Restaurant, Ozumba Mbadiwe Avenue, Victoria Island , Lagos.@12noon
Bonus
Bonus Type
Announcement Date
Payment Date
Closure Date
1 for 10
--
--
--
2009-08-05
1 for 4
--
--
--
2007-01-17
1 for 4
--
--
--
2007-01-17
Dividend
Dividend Type
Announcement Date
Payment Date
Closure Date
0.32
--
--
--
2005-12-19
0.42
--
--
--
2007-01-27
0.1
--
--
--
2007-10-01
1.02
--
--
--
2008-01-07
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