2012 Annual Report & Financial Statements - UBA Plc

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10. SUMMARY OF DEALING IN UBA SHARES AS AT 31 DECEMBER 2012
Quarter
Total
Monthly
average
First Quarter 3,070,040,525 1,023,346,841
Second Quarter 1,468,323,316 489,441,105
Third Quarter 1,112,802,849 370,934,283
Fourth Quarter 1,016,590,183 338,863,394
11. DONATIONS
In order to identify with the aspirations of the community and the environment within which the Group operates a total sum of
N87.5 million was given out as donations and charitable contributions during the period. These comprise contributions to charitable
organisations and to other non-charitable organisations. Details of such donations and charitable contributions are as follows:
Schedule of donations for the period 1 January 2012 to 31 December 2012
S/N
Beneficiary
Amount
(Naira)
1 African University of Science and Technology (AUST) 50,000,000
2 Nasarawa State Government 10,000,000
3 Federal Ministry of Agriculture 10,000,000
4 The Nigerian Police Force 5,449,500
5 Kogi State Flood Disaster Relief 5,000,000
6 Central Bank of Nigeria 3,500,000
7 Lagos University Teaching Hospital (LUTH) 1,500,000
8 Financial Reporting Council (FRC) 1,000,000
9 Lagos University Teaching Hospital (LUTH) 540,750
10 Nigerian Defense Academy 500,000
Total 87,490,250
12. FIXED ASSETS
Movements in property and equipment during the period are shown on pages 154 and 155. In the opinion of the Directors, the market
value of the Bank’s properties is not less than the value shown in the financial statement.
13. EMPLOYMENT AND EMPLOYEES
i. Employment of Physically Challenged Persons
The Bank operates a non-discriminatory policy in the consideration of applications for employment including those received from
physically challenged persons. The Bank’s policy is that the most qualified persons are recruited for appropriate job levels irrespective
of an applicant’s state of origin, ethnicity, religion or physical condition.