|
|
|
| |
| Balance Sheet as at September 30th, 2008 |
| |
| Balance Sheet in Naira | Balance Sheet in USD |
| |
| Balance Sheet in Naira |
| |
| |
Group |
Group |
Bank |
Bank |
| |
Sept. 2008 |
June 2007 |
Sept. 2008 |
June 2007 |
| |
N'000 |
N'000 |
N'000 |
N'000 |
| Assets |
|
|
|
|
| Cash and short-term funds |
1,176,302.666 |
574,957,394 |
1,108,827,501 |
563,581,290 |
| Loans and advances |
445,837,390 |
288,111,826 |
413,731,491 |
218,305,419 |
| Other facilities |
5,801,093 |
4,701,891 |
5,801,093 |
4,701,891 |
| Advances under finance lease |
4,677,569 |
2,444,566 |
3,890,435 |
2,444,566 |
| Other assets |
40,326,339 |
24,177,368 |
29,667,893 |
14,839,588 |
| Defered tax asset |
160,434 |
120,394 |
- |
- |
| Investment Securities |
63,783,624 |
41,629,665 |
70,297,916 |
45,524,242 |
| Fixed assets |
50,942,583 |
36,799,420 |
48,085,676 |
34,543,930 |
| |
|
|
|
|
| |
1,787,831,698 |
972,942,524 |
1,680,302,005 |
883,940,926 |
| |
|
|
|
|
| Liabilities |
|
|
|
|
| Deposits |
1,185,892,673 |
634,492,524 |
1,161,475,513 |
568,012,091 |
| Other facilities |
5,859,690 |
4,749,385 |
5,859,690 |
4,479,385 |
| Other liabilities |
207,242,095 |
187,633,438 |
134,462,237 |
170,087,697 |
| Current income tax |
5,690,073 |
6,427,141 |
3,549,113 |
5,124,697 |
| Deferred income tax |
1,959,877 |
1,237,665 |
1,901,667 |
1,186,018 |
| Borrowings |
34,569,647 |
21,947,715 |
34,569,647 |
21,947,715 |
| |
|
1,441,214,055 |
856,487,868 |
1,341,817,867 |
771,107,603 |
| |
|
|
|
|
| Capital And Reserves |
| Share capital |
8,372,398 |
4,632,762 |
8,372,398 |
4,632,762 |
| Share premium |
255,046,965 |
69,237,062 |
255,046,965 |
69,237,062 |
| Statutory reserve |
16,877,901 |
9,899,152 |
16,877,901 |
9,899,152 |
| SMEEIS reserve |
3,729,204 |
3,729,204 |
3,729,204 |
3,729,204 |
| General reserve |
60,552,769 |
25,291,131 |
54,457,670 |
24,176,952 |
| Contingency reserve |
261,292 |
159,530 |
- |
- |
| Revaluation reserve |
322,292 |
79,437 |
- |
- |
| Reserve for bonus issues |
- |
1,158,191 |
- |
1,158,191 |
Foreign currency translation reserve |
814,576 |
399,621 |
- |
- |
| |
|
|
|
|
| |
344,348,245 |
114,586,090 |
338,484,138 |
112,833,323 |
| |
|
|
|
|
| Minority interest |
2,269,398 |
1,868,566 |
- |
- |
| |
|
|
|
|
| Total shareholders' equity |
346,617,643 |
116,454,656 |
338,484,138 |
112,833,323 |
| |
| Liabilities and equity |
1,787,831,698
|
972,942,524 |
1,680,302,005 |
883,940,926
|
| |
|
|
|
|
| |
|
|
|
|
| Confirmed Credits and Other Obligations on behalf of Customers and the Corresponding Liabilities thereon |
724,297,739
|
298,138,069 |
704,386,584 |
294,444,783 |
| |
|
|
|
|
| |
|
|
|
|
| Total Assets plus Contingents |
2,512,129,437 |
1,271,080,593 |
2,384,688,589 |
1,178,385,709 |
| |
|
| |
|
| |
| Balance Sheet in USD |
| |
| |
Group |
Group |
Bank |
Bank |
| |
Sept. 2008 |
June 2007 |
Sept. 2008 |
June 2007 |
| |
USD'000 |
USD'000 |
USD'000 |
USD'000 |
| Assets |
|
|
|
|
| Cash and short-term funds |
9,996,878 |
4,579,509 |
9,423,436 |
4,488,899 |
| Loans and advances |
3,788,976 |
2,294,797 |
3,516,122 |
1,738,793 |
| Other facilities |
49,301 |
37,450 |
49,301 |
37,450 |
| Advances under finance lease |
39,753 |
19,471 |
33,063 |
19,471 |
| Other assets |
342,716 |
192,572 |
252,134 |
118,197 |
| Defered tax asset |
1,363 |
959 |
|
- |
| Investment Securities |
542,069 |
331,578 |
597,431 |
362,599 |
| Fixed assets |
432,939 |
293,106 |
408,659 |
275,141 |
| |
|
|
|
|
| |
15,193,995 |
7,749,443 |
14,280,146 |
7,040,549 |
| |
|
|
|
|
| Liabilities |
|
|
|
|
| Deposits |
10,078,379 |
5,053,704 |
9,870,869 |
4,524,190 |
| Other facilities |
49,799 |
37,829 |
49,799 |
37,829 |
| Other liabilities |
1,761,259 |
1,494,492 |
1,142,735 |
1,354,741 |
| Current income tax |
48,357 |
51,192 |
30,162 |
40,818 |
| Deferred income tax |
16,656 |
9,858 |
16,161 |
9,447 |
| Borrowings |
293,792 |
174,813 |
293,792 |
174,813 |
| |
|
12,248,243 |
6,821,887 |
11,403,519 |
6,141,837 |
| |
|
|
|
|
| Capital And Reserves |
| Share capital |
71,153 |
36,900 |
71,153 |
36,900 |
| Share premium |
2,167,532 |
551,470 |
2,167,532 |
551,470 |
| Statutory reserve |
143,438 |
78,846 |
143,438 |
78,846 |
| SMEEIS reserve |
31,693 |
29,703 |
31,693 |
29,703 |
| General reserve |
514,611 |
201,443 |
462,811 |
192,568 |
| Contingency reserve |
2,221 |
1,271 |
- |
- |
| Revaluation reserve |
2,740 |
633 |
- |
- |
| Reserve for bonus issues |
- |
9,225 |
- |
9,225 |
Foreign currency translation reserve |
(6,923) |
3,183 |
- |
- |
| |
|
|
|
|
| |
2,926,465 |
912,673 |
2,876,627 |
898,712 |
| |
|
|
|
|
| Minority interest |
19,287 |
14,883 |
- |
- |
| |
|
|
|
|
| Total shareholders' equity |
2,945,752 |
927,556 |
2,876,627 |
898,712 |
| |
| Liabilities and equity |
15,193,995 |
7,749,443 |
14,280,146 |
7,040,549 |
| |
|
|
|
|
| |
|
|
|
|
| Confirmed Credits and Other Obligations on behalf of Customers
and the Corresponding Liabilities thereon |
6,155,487 |
2,374,656 |
5,986,271 |
2,345,239 |
| |
|
|
|
|
| |
|
|
|
|
| Total Assets plus Contingents |
21,349,483 |
10,124,099 |
20,266,418 |
9,385,788 |
| |
|
| |
| |
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