Page 105 - 2017-2018 NSE FACTBOOK.cdr

2017/2018 NSE FACT BOOK 2017/2018 NSE FACT BOOK
The Performance Documentary of Listed Nigerian Companies The Performance Documentary of Listed Nigerian Companies

MAIN BOARD MAIN BOARD
STERLING BANK PLC FINANCIAL SERVICES UNION BANK PLC FINANCIAL SERVICES

HEAD OFFICE: STATEMENT OF FINANCIAL POSITION HEAD OFFICE: FINANCIAL POSITION SUMMARY
Sterling Towers, 20 Marina, Lagos Stallion Plaza 36 Marina Lagos
-------------------------------------------------- --------------------------------------------------
TELEPHONE: 2017 2016 2015 2014 2013 TELEPHONE: 2016 2015
(+234) 1 270 2300 - 8 N'million N'million N'million N'million N'million (+234) 01 2716800-2 N'million N'million
-------------------------------------------------- --------------------------------------------------
EMAIL: Cash and Bank Balances 173,696 139,149 184,723 242,090 182,502 WEBSITE: Total Assets 1,252,682 1,049,731
investor.relations@sterlingbankng.com Investment Securities / Pledged Assets 252,764 178,116 238,870 175,321 177,593 customerservice@unionbankng.com Total Liabilities 981,012 802,971
-------------------------------------------------- --------------------------------------------------
WEBSITE: Loans and Advances 598,073 468,250 338,726 371,246 321,749 ISSUED SHARE CAPITAL: Total Equity & Liabilities 1,252,682 1,049,731
www.sterlingbankn.com Investment in Subsidiary 1 1 - - - N8,467,903,236 divided into
-------------------------------------------------- 16,935,806,471 ordinary shares of
ISSUED SHARE CAPITAL: Other Assets / Deferred Tax 25,699 28,647 20,874 21,108 16,283 50Kobo each
28,790,418,126 Property, Plant and Equipment & Intangibles 18,565 16,641 16,258 14,773 9,670 --------------------------------------------------
-------------------------------------------------- DATE OF INCORPORATION:
DATE OF INCORPORATION: Total Assets 1,068,798 830,805 799,451 824,539 707,797 30 May 1969
25 November 1960 -------------------------------------------------- INCOME STATEMENT SUMMARY
-------------------------------------------------- DATE LISTED ON THE EXCHANGE:
DATE LISTED ON THE EXCHANGE: 1992 1971
-------------------------------------------------- Deposits from Customers / Banks 695,882 608,503 590,889 655,944 570,511 --------------------------------------------------
NSE SECTOR CLASSIFICATION: Derivative financial Liabilities - 8 - - - NSE SECTOR CLASSIFICATION: 2016 2015
Banking Debt Securities & Borrowed Funds 222,556 94,426 64,850 49,935 43,358 Banking N'million N'million
-------------------------------------------------- -------------------------------------------------- Gross Earnings 126,590 117,211
BOARD OF DIRECTORS: Other Liabilities & Provisions 47,467 42,186 48,147 33,945 30,470 BOARD OF DIRECTORS:
Mr. Asue Ighodalo Total Liabilities 965,905 745,123 703,886 739,824 644,339 Cyril Odu - Chairman Profit Before Tax 15,738 14,862
Mr. Rasheed Kolarinwa Emeka Emuwa - Chief Executive Officer Income Tax Expense (347) (561)
Dr. (Mrs.) Omolara Akanji Oyinkansade-Adewale - Executive
Mr. Olaitan Kajero Equity Director/Chief Financial Officer Profit After Tax 15,391 14,301
Mrs. Tairat Tijani Kandolo Kasongo - Executive Director/ Basic Earnings Per Share 0.91 0.83
Share Capital 14,395 14,395 14,395 14,395 10,796
Mrs. Egbichi Akinsanya Chief Risk Officer & Compliance
Mr. Michael Jituboh Share Premium 42,759 42,759 42,759 42,759 27,872 Executive
Mr. Sujit Varma Retained Earnings / Others 45,739 28,528 38,411 27,561 24,790 Ibrahim Kwargana - Executive Director
Mr. Abubakar Suleiman Emeka Okonkwo - Executive Director
Mr. Kayode Lawal Total Equity 102,893 85,682 95,565 84,715 63,458 Adekunle Sonola - Executive Director
Mr. Grama Narasimhan Total Liabilities & Equity 1,068,798 830,805 799,451 824,539 707,797 1. Nath Ude - Executive Director
Mr. Yemi Odubiyi Mansur Ahmed - Non-Executive Director
Mr. Emmanuel Emefienim Onikepo Akande, CON - Non-Executive
-------------------------------------------------- Director
COMPANY SECRETARY: John Botts - Non-Executive Director
Justina Lewa Richard Burrett - Non-Executive Director
Address: 20, Marina, Lagos PROFIT OR LOSS ACCOUNT FOR YEAR ENDED Ian Clyne - Non-Executive Director
Email: justina.lewa@sterlingbankng Beatrice Hamza Bassey - Non-Executive
.com Director
Telephone: (+234) 1 279 0373 2017 2016 2015 2014 2013 Richard Kramer OFR - Non-Executive
-------------------------------------------------- N'million N'million N'million N'million N'million Director
AUDITORS Arina Mcdonald - Non-Executive Director
Ernst & Young Gross Earnings 133,022 111,238 110,194 103,677 91,743 2. Adeyemi Osindero - Non-Executive
Address: 10th Floor, UBA House, 57, Director
Marina, Lagos Profit before income tax 8,540 6,019 11,016 10,748 9,310 3. John Vitalo - Non-Executive Director
Email: services@ng.ey.com Taxation (85) (837) (724) (1,743) (1,035) 1 Appointed 3rd March, 2017
Telephone: (+234) 1 463 0481 Profit after tax 8,455 5,182 10,293 9,005 8,275 2 Resigned 18th October, 2016
-------------------------------------------------- 3 Resigned 15th February, 2017
COMPANY REGISTRARS: Transfer to Revenue Reserve 8,455 5,182 10,293 9,005 8,275 --------------------------------------------------
Pace Registrars Limited COMPANY SECRETARY:
Address: Akuro House (8th Floor), 24, Profit attributable to: Somuyiwa Sonubi
Campbell Street, Lagos Address: Union Bank Of Nigeria Plc
Email: info@paceregistrars.com Owners of the Company 8,455 5,182 10,293 9,005 8,275 Stallion Plaza 36 Marina Lagos
Telephone: (+234) 1 280 6987 Non-controlling interest - - - - - Email: sasonubi@unionbankng.com
-------------------------------------------------- Telephone: (+234) 01 2716800
CAPITAL STRUCTURE: --------------------------------------------------
Authorized: 32,000,000,000 Earnings per 50k share [k] 29 18 36 42 52 AUDITORS
Paid Up: 28,790,418,126 Kpmg Professional Services Limited
Net Assets per 50k share [k] 357 298 332 294 294
Address: KPMG Tower Bishop Aboyade
Cole Street Victoria Island, Lagos
Email: kabir.okunlola@ng.kpmg.com
--------------------------------------------------
COMPANY REGISTRARS:
GTL Registrars Limited
Address: 2 Burma Road Apapa Lagos
Email: ffolayan@gtlregistrars.com
Telephone :(+234) 01-2793160-61
--------------------------------------------------
CAPITAL STRUCTURE:
Authorized: N9,511,562,500 Divided into
19,023,125,000 Ordinary Shares of
50kobo each
Paid Up: N8,467,903,236 Divided into
2017/2018 NSE FACTBOOK 2017/2018 NSE FACTBOOK
16,935,806,472 Ordinary Shares of
50kobo each

102 103