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Abu Dhabi Commercial Bank (ADCB) 2008 Q1 financial report
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2008 Q1 result list | ADCB 2008 Q1 results - forum topic | Abu Dhabi Commercial Bank - details & pdf financial statements
| Display results in: | ||||
| ADCB (listed on ADSM) | Auditor: | ||||
|---|---|---|---|---|---|
| ADCB accounts in UAE dirhams | |||||
| Date of results and share price | AED 7.18 on 23 Apr 2008 | ||||
| Current share price | AED 1.75 on 15 Apr 2009 | ||||
| Chairman | Saeed Mubarak Rashed Saeed Al Hajeri | ||||
| CEO | Eirvin Knox | ||||
| Balance Sheet (AED) | 31 Dec 2007 | 31 Mar 2008 | %Δ | ? | notes |
| Total Assets | 106,213,849,000 | 113,991,270,000 | 7% | ||
| Total Liabilities | (94,916,337,000) | (102,326,673,000) | 8% | Includes Minority Interests | |
| Shareholders Equity | 11,297,512,000 | 11,664,597,000 | 3% | Excludes Minority Interests | |
| Income Statement (AED) | 2007 Q1 | 2008 Q1 | |||
| Revenue (Sales) | 1,325,284,000 | 1,355,921,000 | 2% | Interest Income | |
| Cost of Revenues (COGS) | (794,021,000) | (849,698,000) | 7% |  |
Interest Expense |
| Gross Profit | 531,263,000 | 506,223,000 | -5% | |
Net Interest Income |
| Other Income | 186,633,000 | 415,155,000 | 122% | ||
| Other Expenses | (247,693,000) | (404,297,000) | 63% | ||
| Net Profit | 470,203,000 | 517,081,000 | 10% | ||
| Minority Interests | (13,503,000) | (57,194,000) | 324% | ||
| Net Profit due to shareholders | 456,700,000 | 459,887,000 | 1% | |
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| Earnings Per Share stated (annualized) | 0.11 (0.44) | 0.11 (0.44) | 0% | ||
| Ratio Calculations | As on 23 Apr 2008 | ||||
| Number of shares outstanding | 4,000,000,000 | ||||
| EPS calculated (annualized) | 0.11 (0.46) | 0.11 (0.46) | 1% | ||
| Price to Earnings ratio (PE)* | 15.7 | 15.6 | Calculated EPS used | ||
| Price to Book Value (PBV) | 2.5 | 2.5 | -3% | ||
| Return on Assets (ROA)* | 1.7% | 1.6% | -6% | |
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| Return on Equity (ROE)* | 16.2% | 15.8% | -2% | |
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| Return on Sales (ROS) or Profit Margin | 34.5% | 33.9% | -2% | |
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| *Based on annualized profits | |||||
Comments about Abu Dhabi Commercial Bank Q1 2008 results | |||||
Results updated from interim financial statements. Previous figures were from preliminary results stated net profit including minority interests, which have been deducted from final profit figures now. It didn't make that much difference but still could have been be seen as misleading to shareholders. Have your say in the ADCB 2008 Q1 results forum topic, includes directors reports and news, if available. |
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This page last updated 20-Jan-2009.
Company information last updated 21 Oct 2008. E & OE.