| |
BANK |
| |
2009 |
2008 |
2007 |
2006 |
2005 |
|
N'000 |
N'000 |
N'000 |
N'000 |
N'000 |
|
|
|
|
|
|
| ASSETS EMPLOYED |
|
|
|
|
|
|
|
|
|
|
|
| Cash and balances with central bank |
115,044 |
232,267 |
141,981 |
151,380 |
42,202 |
| Treasury bills |
225,371 |
396,772 |
249,815 |
156,471 |
92,230 |
| Loans and advances |
669,261 |
422,874 |
223,007 |
201,971 |
125,663 |
Advances under finance lease |
5,281 |
3,940 |
2,445 |
1,716 |
841 |
| Investment securities |
144,189 |
54,591 |
31,919 |
10,045 |
5,214 |
| Investments in subsidiaries |
36,096 |
16,935 |
13,605 |
4,537 |
925 |
| Other assets |
12,758 |
23,476 |
101,163 |
9,107 |
4,756 |
| Propert and equipment |
75,171 |
48,085 |
34,544 |
23,102 |
15,079 |
| |
1,573,196 |
1,680,032 |
883,941 |
610,769 |
332,885 |
|
|
|
|
|
|
|
| Customers deposits |
1,111,328 |
1,164,460 |
568,012 |
392,864 |
233,413 |
| Claims payable |
- |
- |
4,749 |
2,263 |
3,169 |
| Borrowings |
35,984 |
40,431 |
21,948 |
12,750 |
- |
| Current income tax |
5,718 |
3,549 |
5,125 |
3,857 |
2,050 |
| Other liabilities |
88,683 |
131,207 |
170,088 |
98,184 |
56,013 |
| Deferred income tax liabilities |
3,100 |
1,902 |
1,186 |
450 |
450 |
| |
|
|
|
|
|
| |
1,244,813 |
1,341,549 |
771,108 |
510,368 |
295,095 |
| |
|
|
|
|
|
| FINANCED BY |
|
|
|
|
|
| Share capital |
12,559 |
8,372 |
4,633 |
4,587 |
3,000 |
| Share premium |
255,047 |
255,047 |
69,237 |
67,760 |
18,224 |
| Share reserves |
60,777 |
75,064 |
38,963 |
28,054 |
16,566 |
| |
328,383 |
338,483 |
112,833 |
100,401 |
37,790 |
| |
|
|
|
|
|
| Acceptances and guarantees |
606,594 |
704,386 |
294,445 |
149,203 |
41,005 |
|
|
| PROFIT AND LOSS ACCOUNT |
| Gross Earnings |
254,147 |
190,120 |
89,194 |
58,222 |
34,913 |
| Interest expense |
(82,836) |
(49,964) |
(18,733) |
(10,463) |
(5,620) |
| Operating expenses |
(103,410) |
(81,321) |
(45,107) |
(31,298) |
(18,153) |
| Loan loss expense |
(36,148) |
(9,879) |
(2,065) |
(1,307) |
(1,975) |
|
|
|
|
|
|
| Profit before tax and extra-ordinary items |
31,753 |
48,959 |
23,289 |
15,154 |
9,165 |
| Extra-ordinary items |
- |
- |
- |
- |
- |
|
|
Profit before
tax |
31,753 |
48,939 |
23,289 |
15,154 |
9,165 |
| |
|
|
|
|
|
| Income tax |
13,388 |
2,415 |
5,780 |
3,665 |
2,009 |
| |
|
|
|
|
|
| Profit after tax |
18,365 |
46,524 |
17,509 |
11,489 |
7,156 |
| |
|
|
|
|
|
| Dividend proposed |
|
28,466 |
9,266 |
6,600 |
4,200 |
| |
|
|
|
|
|
Transfer to
reserves |
18,365 |
18,058 |
8,243 |
4,889 |
2,956 |
| |
|
Earnings per
share (basic): |
73k |
345k |
189k |
191k |
136k |
Earnings per
share(adjusted): |
73k |
185k |
105k |
124k |
119k |
|
| |
BANK |
| |
2008 |
2007 |
2006 |
2005 |
2004 |
|
USD'000 |
USD'000 |
USD'000 |
USD'000 |
USD'000 |
|
|
|
|
|
|
| ASSETS EMPLOYED |
|
|
|
|
|
|
|
|
|
|
|
Cash and short
term funds |
9,423,436 |
4,488,899 |
2,844,329 |
1,362,901 |
921,675 |
| Loans and advances |
3,516,122 |
1,738,793 |
1,576,600 |
925,394 |
403,714 |
| Other Facilities |
49,301 |
37,450 |
17,866 |
23,937 |
- |
Advances under finance
lease |
33,063 |
19,471 |
13,550 |
6,355 |
6,411 |
| Other assets |
252,134 |
118,197 |
71,885 |
35,929 |
24,911 |
| Investments |
597,431 |
362,599 |
115,116 |
46,378 |
33,475 |
| Fixed assets |
408,659 |
275,141 |
182,382 |
113,914 |
71,602 |
| |
14,280,147 |
7,040,549 |
4,821,728 |
2,514,808 |
1,461,788 |
|
|
|
| FINANCED BY |
|
|
|
|
|
|
|
|
|
|
|
| Share capital |
71,153 |
36,900 |
36,210 |
22,664 |
11,709 |
| Share premium |
2,167,532 |
551,470 |
534,930 |
137,676 |
- |
Reserves for
Small Scale
Industries |
31,693 |
29,703 |
29,440 |
19,493 |
14,100 |
| Other reserves |
606,249 |
280,640 |
192,036 |
105,653 |
92,711 |
| Deposits |
9,870,869 |
4,524,190 |
3,101,474 |
1,763,341 |
991,269 |
| Other liabilities |
1,142,735 |
1,354,741 |
775,114 |
423,158 |
339,667 |
| Other Facilities |
49,799 |
37,829 |
17,866 |
23,937 |
- |
| Taxation |
30,162 |
40,818 |
30,451 |
15,487 |
10,314 |
Deferred
taxation |
16,161 |
9,447 |
3,552 |
3,399 |
2,018 |
| Borrowings |
293,792 |
174,813 |
100,655 |
- |
- |
|
14,280,146 |
7,040,549 |
4,821,728 |
2,514,808 |
1,461,788 |
|
|
| Acceptances and guarantees |
5,986,271 |
2,345,239 |
1,177,888 |
309,774 |
165,635 |
|
|
| Total assets plus contingents |
20,266,418 |
9,385,788 |
5,999,616 |
2,824,581 |
1,627,424 |
| |
| Gross Earnings |
1,615,364 |
710,424 |
459,634 |
263,757 |
180,955 |
| Interest expense |
(424,613) |
(149,209) |
(82,598) |
(42,458) |
(25,194) |
| Operating expenses |
(723,182) |
(361,517) |
(247,084) |
(137,142) |
(104,327) |
| |
|
|
|
|
|
| Loan loss expense |
(51,649) |
(14,204) |
(10,318) |
(14,920) |
(3,003) |
|
|
|
|
|
|
Profit before
tax |
415,919 |
185,494 |
119,634 |
69,236 |
48,430 |
| |
|
|
|
|
|
| Income tax |
(20,524) |
(46,035) |
(28,936) |
(15,176) |
(9,180) |
|
|
Profit after
tax |
395,395 |
139,460 |
90,699 |
54,060 |
39,250 |
| |
|
|
|
|
|
| Dividend proposed |
- |
73,799 |
52,104 |
31,729 |
16,393 |
| |
|
|
|
|
|
| Dividend |
78,744 |
52,569 |
33,157 |
16,378 |
8,197 |
|
|
Transfer to
reserves |
474,139 |
118,229 |
71,752 |
38,709 |
31,053 |
| |
|