Assets Management & Recovery Corporation
The Assets Management and Recovery Corporation (AMRC) deals in Gambian land sale tenders for re-possessed plots, houses, commercial buildings and other assets on behalf of the Government.
These take the form of development and commercial loans, Managed Fund Portfolios, forfeited real estate and financing via the Gambia Cooperative Union.
- Said properties are offered for under the Statutory Power of Sale vested in aforementioned body by the mortgage deeds duty registered and / or the AMRC Act 1992.
- Persons desiring to tender for properties should contact the Managing Director for inspection to be arranged.
- Each tender must be enclosed in its own separate envelope, securely sealed and marked on the outside with the property or properties of your choice.
- Potential buyers are advised to give a contact address (with street names and numbers) and a daytime telephone number.
- The corporation reserves the right to reject any bid it considers unsuitable.
Financials
Fiscal Year 2016
Profit / Loss Before TaxesD33,200,000 -89.2% | Total AssetsD299,900,000 2899% | Profit / Loss Before TaxesD-6,500,000 -1183.3% |
IncomeD5,200,000 -91.1% | Profit / Loss After TaxesD-6,500,000 -1183.3% | Total LiabilitiesD8,900,000 |
Fiscal Year 2015
Total AssetsD307,500,000 702.9% | Total LiabilitiesD10,000,000 20.5% | Profit / Loss Before TaxesD600,000 -112.8% |
IncomeD58,600,000 8271.4% | Profit / Loss After TaxesD600,000 -112.8% |
Fiscal Year 2014
Total AssetsD38,300,000 -18.5% | IncomeD8,300,000 -4250% | Profit / Loss After TaxesD-4,700,000 -133.8% |
Total LiabilitiesD700,000 -450% | Profit / Loss Before TaxesD-4,700,000 -141.2% |
Fiscal Year 2013
Total AssetsD47,000,000 19.3% | Profit / Loss Before TaxesD-200,000 -95.7% | IncomeD13,900,000 43.3% |
Profit / Loss After TaxesD-200,000 -95.7% | Total LiabilitiesD11,400,000 936.4% |
Fiscal Year 2012
Total AssetsD39,400,000 102.1% | Profit / Loss Before TaxesD-4,600,000 -103.3% | IncomeD9,700,000 -77.8% |
Profit / Loss After TaxesD-4,600,000 64.3% | Total LiabilitiesD1,100,000 -139.3% |
Fiscal Year 2011
IncomeD19,500,000 29.1% | Total AssetsD140,400,000 6585.7% | Total AssetsD43,700,000 -6.8% |
Profit / Loss Before TaxesD-2,800,000 55.6% | Profit / Loss After TaxesD-2,800,000 55.6% | Total LiabilitiesD600,000 INF% |
Fiscal Year 2010
IncomeD15,100,000 -90.3% | Profit / Loss Before TaxesD2,100,000 -32.3% | Total AssetsD46,900,000 -74.7% |
Profit / Loss Before TaxesD-1,800,000 -158.1% | Profit / Loss After TaxesD-1,800,000 -101.7% | Profit / Loss After TaxesD |
Total LiabilitiesD800,000 |
Fiscal Year 2009
Total AssetsD155,200,000 | Profit / Loss Before TaxesD3,100,000 | IncomeD185,700,000 |
Profit / Loss After TaxesD3,100,000 | Total LiabilitiesD107,600,000 |
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Downloads (8)
AMRC Audited Financial Statement 2020AMRC Audited Financial Statement 2020
Annual Report
- Filesize: 15.18 MB
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AMRC 2019- Filesize: 1.70 MB
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AMRC 2018- Filesize: 1.47 MB
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AMRC 2017- Filesize: 1.10 MB
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CODE OF GOOD CORPORATE GOVERNANCE FOR STATE-OWNED ENTERPRISES IN THE GAMBIAThis Code of Good Corporate Governance aims to define the responsibilities and accountabilities of the Board of Directors and Officers of State-Owned Enterprises (SOEs). It is the primary source of guidance on all aspects of governance including statutory guidance under which the SOEs operate if not conflicted with Acts of Parliament. The focus is on commercial SOEs at the national level in which government has significant control through full, majority, or substantial minority ownership.
- Filesize: 795.03 KB
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Assets Management & Recovery Corporation (AMRC) - 2015 Accounts- Filesize: 4.86 MB
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Assets Management & Recovery Corporation (AMRC) - 2014 Accounts- Filesize: 2.72 MB
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Assets Management & Recovery Corporation (AMRC) - 2013 Accounts- Filesize: 2.84 MB
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