| |
Group |
Group |
Bank |
Bank |
12 months
2010
|
15 months
2009
|
12 months
2010 |
15 months
2009
|
|
N'million |
N'million |
N'million |
N'million |
|
|
|
|
|
|
Gross Earnings |
192,488 |
277,300 |
169,370 |
254,147 |
|
|
|
|
|
| Interest and similar income |
127,265 |
193,545 |
118,491 |
186,019 |
|
|
|
|
|
| Interest and similar expense |
(35,719) |
(83,957) |
(34,522) |
(82,836) |
|
|
|
|
|
| Net Interest Income |
91,546 |
109,588 |
83,969 |
103,183 |
|
|
|
|
|
| Fee and commission income |
46,180 |
55,014 |
39,885 |
49,830 |
|
|
|
|
|
| Underwriting Income |
7,145 |
7,450 |
- |
- |
|
|
|
|
|
| Underwriting Expenses |
(4,621) |
(5,105) |
- |
- |
|
|
|
|
|
| Underwriting Profit |
2,524 |
2,345 |
- |
- |
|
|
|
|
|
| Foreign exchange trading income |
10,823 |
19,687 |
9,743 |
17,369 |
|
|
|
|
|
| Trusteeship income |
45 |
42 |
- |
- |
|
|
|
|
|
| Income from investments |
304 |
1,326 |
455 |
484 |
|
|
|
|
|
| Other income |
726 |
236 |
796 |
445 |
|
|
|
|
|
| Operating Income |
152,148 |
188,238 |
134,848 |
171,311 |
|
|
|
|
|
| Operating expenses |
(97,769) |
(113,288) |
(89,074) |
(103,410) |
|
|
|
|
|
| Diminution in asset values |
(4,353) |
(39,865) |
(2,817) |
(36,148) |
|
|
|
|
|
| Profit before tax |
50,026 |
35,085 |
42,957 |
31,753 |
|
|
|
|
|
| Taxation |
(12,612) |
(14,482) |
(9,622) |
(13,388) |
|
|
|
|
|
| Profit after taxation |
37,414 |
20,603 |
33,335 |
18,365 |
| |
|
|
|
|
| Non controlling interest |
(84) |
(106) |
- |
- |
|
|
|
|
|
|
|
|
|
|
| Profit attributable to Group shareholders |
37,330 |
20,497 |
33,335 |
18,365 |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| Key Financial Informaion |
|
|
|
|
| |
|
|
|
|
| Total Non-Performing Loans & Advances (N'Million) |
44,271 |
48,379 |
41,832 |
46,413 |
| |
|
|
|
|
| Total Non-Performing Loans To Total & Advances(%) |
5.93% |
6.47% |
6.00% |
6.48% |
| |
|
|
|
|
| Earnings per share (basic) |
119k |
82k |
106k |
73k |
| Earnings per share (adjusted) |
119k |
65k |
106k |
58k |
| Dividend per share (proposed) |
85k |
45k |
85k |
45k |
| |