eti facts behind the figures - The Nigerian Stock Exchange
eti facts behind the figures - The Nigerian Stock Exchange
eti facts behind the figures - The Nigerian Stock Exchange
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Earnings: Strong PBT; RoAE Steady Despite Share Issues<br />
Profit before tax ($M)<br />
Return on average equity (RoAE)<br />
400<br />
350<br />
300<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Profit before tax<br />
$348<br />
$277<br />
$157<br />
$50<br />
$76 $65<br />
1Q12 2Q12 3Q12 4Q12 2011 2012<br />
15.9%<br />
15.8%<br />
11.5% 11.9%<br />
9.1%<br />
FY11 1Q12 1H12 9M12 FY12<br />
• Record PBT of $348M, up 25% after a strong Q4 performance<br />
• Adverse currency movements against our reporting currency, USD: Average depreciation of<br />
Ghana cedi (-20%) and CFA (-8%) 11% overall negative impact on PBT in 2012<br />
• On a regional basis, PBT was positively impacted by Nigeria (+62%), WAMZ (+47%) offset by<br />
pre-tax losses in EAC and SADC<br />
• RoAE has increased steadily throughout <strong>the</strong> year and reached 15.8% for FY 2012<br />
© Ecobank Group 2013| Presentation to NSE’s Facts Behind <strong>The</strong> Figures| 8 April 2013<br />
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