|
|
|
(AMOUNTS
IN MILLION OF SHILLINGS) |
| Current
quarter ended 31/12/2004 |
Previous
quarter ended 30/09/2004 |
Current Year
Cumulative Profit/Losses 31/12/2004 |
Previous
Year Cumulative Profit/Losses 31/12/2003 |
|
1. |
Interest
Income |
9,018 |
6,562 |
27,765 |
18,394 |
|
2. |
Interest
Expense |
(1,411) |
(925) |
(4,235) |
(2,521) |
|
3. |
Net
Interest Income |
7,607 |
5,637 |
23,530 |
15,873 |
|
4. |
Bad
Debts Written Off |
- |
- |
- |
-
|
|
5. |
Provision
for Bad and Doubtful debts |
299 |
(41) |
(561) |
(1,762) |
|
|
|
7,906 |
5,596 |
22,969 |
14,111 |
|
6. |
Non-Interest
Income :- |
|
|
|
|
|
|
6.1
Foreign exchange profit / (Loss) |
716 |
534 |
2,514 |
2,047 |
|
6.2
Commissions and fees |
3,516 |
3,049 |
11,791 |
8,894 |
|
6.3
Other |
49 |
17 |
110 |
351 |
|
|
12,187 |
9,196 |
37,384 |
25,403 |
|
7. |
Non-Interest
Expense |
(6,725) |
(6,198) |
(23,196) |
(17,992) |
|
8. |
Operating
Income/(Loss) before tax and
Extraordinary Items |
5,462
|
2,998
|
14,188
|
7,411
|
|
9. |
Extraordinary
gains (Losses) |
- |
- |
- |
- |
|
10. |
Income
Tax Provision |
(1,640) |
(900) |
(4,256) |
(2,843) |
|
11. |
Net
income (Loss ) after income tax
and Exceptional Items |
3,822
|
2,098
|
9,932
|
4,568
|
|
12. |
Number
of Employees |
748 |
732 |
748 |
678 |
|
|
PERFORMANCE INDICATORS |
|
|
(I ) Return on average
total assets |
3.14% |
1.86% |
2.31% |
1.22% |
|
|
(ii) Return on ordinary
shareholders' funds |
55.74% |
34.73% |
36.21% |
24.07% |
|
|
(iii) Non interest expense
to gross income |
50.57% |
60.99% |
54.99% |
60.61% |
|
|
(iv) Interest margin to
average earning assets |
11.42% |
9.54% |
9.89% |
10.97% |
|