SEPLAT PETROLEUM DEVELOPMENT COMPANY LTD

DANGOTE FLOUR MILLS PLC

UNAUDITED 6 MONTHS RESULTS FOR THE PERIOD ENDED 30TH JUNE, 2017

UNAUDITED 6 MONTHS RESULTS FOR THE PERIOD ENDED 30TH JUNE, 2017

Sector:

OIL AND GAS

Sector:

CONSUMER GOODS

Per share Data

Per share Data

Current Price (N)

485.20

Current Price (N)

5.13

52 Weeks High/Low (N)

485.20/240.00

52 Weeks High/Low (N)

5.59/3.38

Shares Outstanding

　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 563,444,561

Shares Outstanding

　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 5,000,000,000

Market Capitalisation

273,383,300,997.20

Market Capitalisation

25,650,000,000.00

Period

HY'17

HY'16

% Growth

Period

HY'17

HY'16

% Growth

Income Statement

N' Million

N' Million

Income Statement

N' Million

N' Million

Revenue

40,317.00

31,576.00

27.68

Revenue

64,855.98

26,448.71

145.21

Cost of Sales

(23,914.00)

(16,854.00)

41.89

Cost of Sales

(49,576.15)

(21,761.44)

127.82

Gross Profit

16,403.00

14,722.00

11.42

Gross Profit

15,279.83

4,687.27

225.99

General and Administrative Expenses

(11,108.00)

(10,333.00)

7.50

Other Income

2,552.47

23.04

10977.95

Loss on foreign Exchange (Net)

(264.00)

(6,382.00)

-95.86

Distribution and Administrative Expenses

(7,828.50)

(3,709.50)

111.04

Fair Value Loss

(2,817.00)

(7,573.00)

-62.80

Operating Profit before Foreign Exchange Gain

10,003.80

1,000.81

899.57

Operating (Loss)/Profit

2,214.00

(9,566.00)

-123.14

Foreign Exchange Gain

-

1,489.14

-

Finance Income

270.00

5,694.00

-95.26

Operating Profit

10,003.80

2,489.95

301.77

Finance Costs

(10,574.00)

(8,321.00)

27.08

Finance Costs

(1,855.37)

(1,652.48)

12.28

Loss Before Taxation

(8,090.00)

(12,193.00)

-33.65

Finance Income

647.64

56.94

1037.37

Taxation

(342.00)

(615.00)

-44.39

Profit Before Tax

8,796.07

894.41

883.44

Loss for the Period

(8,432.00)

(12,808.00)

-34.17

Taxation

(3,044.61)

126.52

-2506.50

(Loss)/Profit attributable to:

Profit After Tax

5,751.46

1,020.93

463.35

Equity holders of parent

(8,432.00)

(13,081.00)

-35.54

Profit/(Loss) Attributable to;

Non-controlling interests

-

273.00

-

Owners of the parent

5,791.79

1,046.38

453.51

OTHER COMPREHENSIVE INCOME

Non controlling interests

(40.33)

(25.44)

58.49

Items that may be reclassified to profit or loss:

Balance Sheet

HY'17

HY'16

% Growth

Foreign Currency translation differences

1,049.00

113,254.00

-99.07

N' Million

N' Million

Total Comprehensive (Loss)/income for the Period

(7,383.00)

100,446.00

-107.35

Total Asset

112,241.54

61,574.60

82.29

Balance Sheet

HY'17

HY'16

% Growth

Total Liabilities

84,167.73

49,650.33

69.52

N' Million

N' Million

Shareholders' Fund

28,073.82

11,924.27

135.43

Total Asset

676,930.00

703,793.00

-3.82

Fundamental Analysis

HY'17

HY'16

% Growth

Total Liabilities

307,122.00

327,114.00

-6.11

Basic and Diluted Earnings Per Share (N)

1.16

0.21

453.51

Shareholders' Fund

369,808.00

376,679.00

-1.82

P.E (x)

4.43

24.51

-81.93

Fundamental Analysis

HY'17

HY'16

% Growth

PBT Margin (%)

13.56%

3.38%

10.18

Basic (Loss )/Earnings Per Share (N)

-14.97

-23.22

-35.54

PAT Margin (%)

8.87%

3.86%

5.01

P.E (x)

-32.42

-20.90

55.14

Net Asset Per Share (N)

5.61

2.38

135.43

PBT Margin (%)

-20.07%

-38.61%

18.55

ROA%

0.05

0.02

3.47

PAT Margin (%)

-20.91%

-40.56%

19.65

ROE %

20.49%

8.56%

139.28

Net Asset Per Share (N)

656.33

668.53

-1.82

ROA%

-0.012

-0.018

0.57

CONSOLIDATED HALLMARK INSURANCE PLC

ROE %

-2.28%

-3.40%

1.12

UNAUDITED 6 MONTHS RESULTS FOR THE PERIOD ENDED 30TH JUNE, 2017

Sector:

FINANCIAL SERVICES

CADBURY NIGERIA PLC

Per share Data

UNAUDITED 6 MONTHS RESULTS FOR THE PERIOD ENDED 30TH JUNE, 2017

Current Price (N)

0.50

Sector:

CONSUMER GOODS

52 Weeks High/Low (N)

0.50/0.50

Per share Data

Shares Outstanding

6,000,000,000

Current Price (N)

12.40

Market Capitalisation

3,000,000,000.00

52 Weeks High/Low (N)

16.53/7.04

Period

HY'17

HY'16

% Growth

Shares Outstanding

1,878,202,040

Income Statement

N' Million

N' Million

Market Capitalisation

23,289,705,296.00

Gross premium written

3,315.84

3,436.66

-3.52

Period

HY'17

HY'16

Growth (%)

Gross premium income

3,140.84

3,294.94

-4.68

Income Statement

N' Million

N' Million

Reinsurance premium expenses

(1,040.41)

(1,362.15)

-23.62

Revenue

16,264.36

13,917.12

16.87

Net premium income

2,100.43

1,932.80

8.67

Cost of Sales

(13,081.15)

(9,866.57)

32.58

Fee and commission income

214.47

145.37

47.53

Gross Profit

3,183.21

4,050.55

-21.41

Net underwriting income

2,314.89

2,078.17

11.39

Other Income

18.96

40.11

-52.73

Claims expenses

(1,929.19)

(768.13)

151.15

Selling and Distribution Expenses

(2,708.71)

(2,901.19)

-6.63

Claims recoveries from reinsurers

1,016.79

161.283

530.44

Administrative Expenses

(1,052.20)

(1,056.75)

-0.43

Claims incurred

(912.40)

(606.85)

50.35

RESULTS FROM OPERATING ACTIVITIES

(558.73)

132.72

-521.00

Underwriting expenses

(774.45)

(657.281)

17.83

Finance Income

66.01

83.68

-21.11

Underwriting profit

628.04

814.04

-22.85

Finance Cost

(273.67)

-

-

Investment income

387.37

192.156

101.59

NET FINANCE (COST)/INCOME

(207.66)

83.68

-348.17

Other operating income

16.52

103.38

-84.02

Profit/(Loss) Before Income Tax

(766.39)

216.39

-454.17

Impairment (charge)/write back

(4.21)

-

-

Income Tax Expense

-

(69.25)

-

Net fair value gains on financial assets at fair value through profit or loss

(7.33)

(16.160)

-54.66

PROFIT FOR THE PERIOD

(766.39)

147.15

-620.83

Management expenses

(773.48)

(671.07)

15.26

Balance Sheet

HY'17

HY'16

Growth (%)

Profit Before Taxation

246.91

422.34

-41.54

N' Million

N' Million

Income Tax Expense

(127.83)

(163.20)

-21.68

Total Asset

30,967.18

30,135.75

2.76

Profit After Taxation

119.08

259.14

-54.05

Total Liabilities

20,437.26

17,703.30

15.44

Balance Sheet

HY'17

HY'16

% Growth

Shareholders' Fund

10,529.92

12,432.45

-15.30

N' Million

N' Million

Fundamental Analysis

HY'17

HY'16

Growth (%)

Total Assets

8,760.33

7,739.96

13.18

Basic (Loss)/ Earnings Per Share (EPS) (N)

-0.41

0.08

-620.83

Total Liabilities

4,358.45

3,273.01

33.16

P.E (x)

-30.39

158.28

-119.20

Total equity

4,401.88

4,466.95

-1.46

PBT Margin (%)

-4.71%

1.55%

-6.27

Fundamental Analysis

HY'17

HY'16

% Growth

PAT Margin (%)

-4.71%

1.06%

-5.77

Earnings Per Share (EPS) (N)

0.02

0.04

-54.05

Net Asset Per Share (N)

5.61

6.62

-15.30

P.E (x)

25.19

11.58

117.62

ROA%

-2.47%

0.49%

-2.96

PBT Margin (%)

7.86%

12.82%

-4.96

ROE %

-7.28%

1.18%

-8.46

PAT Margin (%)

3.79%

7.86%

-4.07

Net Asset Per Share (N)

0.73

0.74

-1.46

ROA%

1.36%

3.35%

-1.99

ROE %

2.71%

5.80%

-3.10