UBA IFRS Financial Statements 30 Sept 2012.xlsx - The Nigerian ...
UBA IFRS Financial Statements 30 Sept 2012.xlsx - The Nigerian ...
UBA IFRS Financial Statements 30 Sept 2012.xlsx - The Nigerian ...
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14 Investment in subsidiaries<br />
In millions of <strong>Nigerian</strong> Naira<br />
Year of<br />
acquisition<br />
/commenceme<br />
nt Holding Country Industry<br />
United Bank for Africa Plc<br />
Un-audited Results<br />
Bank Bank<br />
Sep.<br />
2012<br />
<strong>UBA</strong> Ghana Limited (see (i) below) 2004 91% Ghana Banking 8,048<br />
<strong>UBA</strong> Cameroun SA (see (i) below) 2007 100% Cameroun Banking 1,845<br />
<strong>UBA</strong> Cote d'Ivoire (see (i) below) 2008 100% Cote d'IvoireBanking 5,995<br />
<strong>UBA</strong> Liberia Limited (see (i) below) 2008 100% Liberia Banking 2,3<strong>30</strong><br />
<strong>UBA</strong> (SL) Limited (see (i) below) 2008 100% Sierra leone Banking 1,269<br />
<strong>UBA</strong> Uganda Limited (see (i) below)<br />
Banque International Du Burkina Faso<br />
2008 100% Uganda Banking 2,718<br />
(see (i) below)<br />
<strong>UBA</strong> Retail <strong>Financial</strong> Services Limited<br />
2008 57% Burkina FasoBanking 5,352<br />
(RFS) (see (i) below) 2008 100% Nigeria Banking<br />
Asset<br />
667<br />
<strong>UBA</strong> Asset Management Limited (see<br />
manageme<br />
(ii) below) 1964 100% Nigeria nt 403<br />
<strong>UBA</strong> Capital (Africa) Limited (see (iii)<br />
Investment<br />
below) 2005 100% Nigeria banking 2,000<br />
<strong>UBA</strong> Chad SA (see (i) below) 2009 100% Chad Banking 2,440<br />
<strong>UBA</strong> Senegal (SA) (see (i) below) 2009 100% Senegal Banking 2,400<br />
Continental Bank Benin (see (i) below) 2008 76% Benin Rep. Banking 6,726<br />
<strong>UBA</strong> FX Mart Limited (see (iv) below)<br />
<strong>UBA</strong> Pensions Custodian Limited (see<br />
2008 100% Nigeria Banking 502<br />
(v) below)<br />
<strong>UBA</strong> Kenya Bank Limited (see (i)<br />
2004 100% Nigeria Pensions 2,000<br />
below) 2009 100% Kenya Banking 1,770<br />
<strong>UBA</strong> Insurance Brokers Limited (see (vi)<br />
Insurance<br />
below) 2006 100% Nigeria brokerage 5<br />
<strong>UBA</strong> Zambia Limited (see i below) 2010 100% Zambia Banking 1,770<br />
<strong>UBA</strong> Tanzania Limited ( see i below) 2010 100% Tanzania Banking 1,770<br />
<strong>UBA</strong> Gabon Limited (see i below) 2010 100% Gabon Banking 2,759<br />
<strong>UBA</strong> Guinea Limited (see i below) 2010 100% Guinea Banking 1,475<br />
<strong>UBA</strong> Congo DR (see i below) 2011 100% Congo DRC Banking<br />
Congo<br />
1,690<br />
<strong>UBA</strong> Congo Brazaville (see i below) 2011 100% Braz.<br />
Mozambiq<br />
Banking 3,024<br />
<strong>UBA</strong> Mozambique (see i below) 2011 100% ue Banking 869<br />
-<br />
59,827<br />
Dec.<br />
2011<br />
8,048<br />
1,845<br />
4,850<br />
1,795<br />
1,269<br />
2,718<br />
5,352<br />
667<br />
403<br />
2,000<br />
2,210<br />
2,400<br />
6,726<br />
502<br />
2,000<br />
1,770<br />
5<br />
1,770<br />
1,770<br />
1,996<br />
1,475<br />
1,346<br />
3,024<br />
754<br />
56,695
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