2012 Annual Report & Financial Statements - UBA Plc

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192 Investor Information continued … Ten-year dividend payment history Dividend number Year ended Date declared Total amount (N’ million) Dividend per share (N) % of issued capital 49 31 March 2002 1 August 2002 510 0.30 60 50 31 March 2003 8 August 2003 1,148 0.45 90 51 31 March 2004 30 September 2004 1,530 0.60 120 52 31 March 2005 22 July 2005 1,836 0.60 120 53 30 September 2006 31 January 2007 7,060 1.00 200 54 30 September 2007 18 January 2007 13,796 1.20 244 55 30 September 2008 18 June 2008 2,874 0.25 51 56 30 September 2008 8 January 2009 12,934 0.75 150 57 31 December 2009 13 May 2010 2,113 0.10 20 58 31 December 2011 13 May 2011 1,293 0.05 10 Record of unclaimed dividends as at 31 December 2012 Dividend year Number of years Amount declared Amount claimed to date Unclaimed and returned to the Company Paid out in current period 1994 18 27,000,000.00 26,398,761.02 601,238.98 – 1995 17 68,200,000.00 67,562,054.01 637,945.99 – 1996 16 200,000,000.00 199,726,170.44 273,829.56 – 1997 15 32,400,000.00 31,365,013.08 1,034,986.92 596.20 1998 14 272,100,000.00 271,555,696.03 544,303.97 28,868.40 1999 13 580,000,000.00 579,579,446.60 420,553.40 59,352.51 2000 12 770,950,000.00 770,904,748.75 45,251.25 2,130.44 2001 11 382,500,000.00 381,601,299.74 898,700.26 208,046.53 2002 10 462,570,000.00 462,568,451.60 1,548.40 – 2003 9 1,040,782,500.00 1,040,767,299.78 15,200.22 251.68 2004 8 1,387,710,000.00 1,385,804,889.80 1,905,110.20 82,975.46 2005 7 1,665,252,000.00 1,665,111,749.67 140,250.33 64,092.74 2007 6 6,986,560,000.00 6,976,279,394.00 10,280,606.00 896,739.08 2008 4 13,796,000,000.00 27,525,523,587.90 32,625,680.10 1,085,021.74 2008 3 2,874,194,995.00 2,859,686,930.75 14,508,064.25 805,710.38 2009 3 12,933,877,477.50 12,893,876,972.50 40,000,505.02 3,117,571.45 2010 2 2,155,646,246.20 1,954,639,236.18 201,007,010.02 336,817.71 2011 1 1,293,387,748.00 1,112,400,373.49 180,987,374.51 8,673,632.35 Annual Report 2012
193 Credit rating summary As of 31 December 2012 Fitch GCR Agusto Short-term rating B A1 + (NG) A Long-term rating B+ BB- – Previous rating Unchanged Changed Changed Outlook Stable Stable – 2013 Financial Calendar Date Early May 2013 Mid-May 2013 Mid-May 2013 Mid-June 2013 Mid-July 2013 End of July 2013 Mid-October 2013 End of October 2013 Event Full year 2012 results are released to Nigerian Stock Exchange (NSE) published Notice of Annual General Meeting is published Full year 2012 and first quarter 2013 results’ investor/analyst briefing holds Full year 2012 Annual General Meeting holds Half-year 2013 results are released to the NSE Half-year 2013 results’ investor/analyst briefing holds Nine months 2013 results are released to the NSE Nine months 2013 results’ Investor/Analyst Briefing holds Shareholder information The Bank maintains an investor relations section on its website (www.ubagroup.com/ir), which allows access to share price data, management biographies, copies of annual reports, presentation on interim reports, credit rating reports and other useful investor information. Contact us: For all enquiries on shareholding, financial and business update, please contact our investor relations desk as follows: Kayode Fadahunsi Director, Investor Relations Bili Odum Group Company Secretary UBA House (14th Floor) UBA House (18th Floor) 57 Marina, Lagos 57 Marina, Lagos Tel: +234 1 2808 349 Tel: +234 1 2807 012 Email: kayode.fadahunsi@ubagroup.com Email: bili.odum@ubagroup.com You can also visit the investor relations section of our website for more information. www.ubagroup.com/ir.
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United Bank for Africa Plc RC: 2457
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1 United Bank for Africa (UBA) Plc
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3 Highlights of 2012 Performance Gr
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5 Emmanuel N. Nnorom, Executive Dir
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7 Angela Aneke, Non-Executive Direc
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9 Emem Etuk, Regional Bank Head (Cr
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11 Chairman’s Statement “We ach
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13 Sustainability In conducting our
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15 Chief Executive Officer’s Repo
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17 Net interest income grew by 34.3
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19 Review of Group Strategy Driven
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21 UBA POST-RESTRUCTURE SHAREHOLDER
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23 Group Financial Performance Revi
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25 Non-Performing Loan Ratio (%) Ou
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27 Review of UBA’s e-Banking Reso
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29 Services (SMS, e-Mail Notificati
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31 Education 2012 Projects include
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33 Projects Besides these projects,
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35 6. DIRECTORS The names of the Di
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37 10. SUMMARY OF DEALING IN UBA SH
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39 As a reflection of our diverse w
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41 Customer Complaints Report Intro
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43 Reports of the complaints receiv
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45 Appointments and retirements Dur
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47 Meetings are held at least once
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49 S/N Members Number of meetings h
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51 Audit Committee Report TO MEMBER
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53 Statement of Directors’ Respon
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55 Report on other legal requiremen
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57 Consolidated and Separate Statem
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59 (ii) Bank In millions of Nigeria
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61 (ii) Bank In millions of Nigeria
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63 Notes to the consolidated and se
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65 recognition of further losses is
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67 Deferred tax assets and liabilit
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69 - there is an observable data in
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71 Any interest in transferred fina
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73 (n) Intangible assets (i) Goodwi
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75 (v) (w) (x) Fiduciary activities
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77 Impairment losses on initial cla
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79 These Board committees are suppo
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81 In playing this role, GALCO does
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83 Risk Management Structure In res
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85 Financial crime risk This is the
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87 The universal market risk factor
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89 Business continuity management B
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91 - periodic vulnerability assessm
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93 General risk rating process Unit
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95 An estimate of the fair value of
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97 Concentration by location (net)
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99 Bank In millions of Nigerian Nai
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101 Bank For the year ended 31 Dece
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103 Loans and advances individually
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105 Statement of Prudential adjustm
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107 Group In millions of Nigerian N
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109 Liquidity risk management focus
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111 The tables below show the undis
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113 1 January 2011 In millions of N
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115 Market risk profile The Group
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117 Analysis of the Group’s sensi
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119 Group 31 December 2012 In milli
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121 Group Bank Group Bank Group Ban
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123 Group In millions of Nigerian N
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125 Fixed income re-pricing gap Pri
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127 Tier 2 capital, which includes
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129 5. USE OF ESTIMATES AND JUDGEME
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131 (b) (i) Group: December 2011 In
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133 Business segments The Group ope
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135 (b) Business reporting (i) 31 D
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137 7. Financial assets and liabili
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139 The table below sets out the Ba
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Page 145 and 146: 143 16. Other operating expenses In
Page 147 and 148: 145 (c) Analysis of the result of d
Page 149 and 150: 147 21. Financial assets held-for-t
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Page 153 and 154: 151 In millions of Nigerian Naira (
Page 155 and 156: 153 In millions of Nigerian Naira B
Page 157 and 158: 155 (b) (i) Group As at 31 December
Page 159 and 160: 157 29. Intangible assets continued
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Page 165 and 166: 163 34. Other liabilities continued
Page 167 and 168: 165 37. Capital and reserves contin
Page 169 and 170: 167 40. Related parties United Bank
Page 171 and 172: 169 41. Compensation to Employees a
Page 173 and 174: 171 44. Explanation of transition t
Page 175 and 176: 173 Reconciliation of equity In mil
Page 181 and 182: 179 Material adjustments reconcilin
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Page 185 and 186: 183 Statement of value added For th
Page 187 and 188: 185 Five-Year Financial Summary IFR
Page 189 and 190: 187 IFRS 31 December 2011 NGAAP Ban
Page 191 and 192: 189 Investor Information UBA is one
Page 193: 191 Top ten shareholders as at 31 D
Page 197 and 198: 195 Key Ratio Capital adequacy rati
Page 199: Shareholder Data Form United Bank f
Page 203: E-Share Allotment Mandate Form Unit
Page 207: Admission Form United Bank for Afri
Page 211 and 212: 209 Corporate Information Registere
Page 214: AFRICA LONDON NEW YORK PARIS Head o
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2012 Annual Report & Financial Statements - UBA Plc

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