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Investor Presentaiton

Broker/Dealer Firms' Compliance With Minimum Capital Requirements 2% 5% Operators with SHF above N70m Operators with Capital Below N70m 93% Operators with eroded capital The value of Shareholders' Funds increased from N84.67b in the first quarter to N102.69b in the second quarter, representing a 21% increase. In the third quarter, the value increased marginally to N102.90b. However, when compared with the 2012 performance, the figure represents an increase of 134.13%. Indebtedness to Banks The level of Indebtedness to Banks/AMCON decreased from #52.19b in the third quarter of 2012 to #13.83b in the third quarter of 2013 representing a 73.50% decline. Out of the outstanding indebtedness, 18 (eighteen) firms accounted for 80% as at September 30, 2013. Annual Report and Accounts 2013 - Securities & Exchange Commission 95 55
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