| |
Group |
Group |
Bank |
Bank |
2007 |
2006 |
2007 |
2006 |
|
N'000 |
N'000 |
N'000 |
N'000 |
|
|
|
|
|
| Gross Earnings |
94,880,113 |
60,002,149 |
89,193,780 |
58,221,823 |
|
|
|
|
|
|
|
|
|
|
| Profit Before Taxation |
25,676,331 |
15,589,825 |
23,288,828 |
15,154,091 |
|
|
|
|
|
|
|
|
|
|
| Profit After Taxation |
18,779,805 |
11,619,277 |
17,509,145 |
11,488,800 |
|
|
|
|
|
|
|
|
|
|
| Minority interest |
(102,799) |
1,049 |
- |
- |
|
|
|
|
|
|
|
|
|
|
| Profit attributable to group shareholders |
18,677,006 |
11,620,276 |
17,509,145 |
11,488,800 |
|
|
|
|
|
| APPROPRIATIONS |
|
|
|
|
|
|
|
|
|
| Transfer to statutory reserve |
(2,626,372) |
(1,723,,320) |
(2,626,372) |
(1,723,320) |
|
|
|
|
|
|
|
|
|
|
| Proposed Dividend |
(9,265,524) |
(6,600,000) |
(9,265,524) |
(6,600,000) |
|
|
|
|
|
|
|
|
|
|
| Reserve for Small Scale Industries |
- |
(1,148,880) |
- |
(1,148,880) |
|
|
|
|
|
|
|
|
|
|
| Transfer to bonus issue reserve |
(1,158,191) |
- |
(1,158,191) |
- |
|
|
|
|
|
|
|
|
|
|
| Transfer to contingency reserve |
(115,953) |
(2,121) |
- |
- |
|
|
|
|
|
|
|
|
|
|
Profit for the Year Transferred to
General Reserve |
5,510,966 |
2,120,955 |
4,459,058 |
2,016,600 |
|