Ecobank Transactional Incorporated
Balance Sheet as at 31st Dec, 2009
Total assets
9,006,523
8,306,186
Loans and advances to customers
4,766,197
3,754,206
Deposits from customers
6,472,459
5,798,895
Shareholders' equity
1,112,129
1,033,210
Total equity
1235565
1157622
For the year ended 31 December 2009
Loan loss provision
139,658
113,071
Profit before tax
101,066
162,385
Profit after tax
64,600
111,140
Profit attributable
51,075
94,195
Book value per share (cents)
12
11
Earnings per phare (cents)
1
1
Earnings per phare (cents) - diluted
1
1
Dividend per phare (cents)
0
0
(loss)/earnings per share
Return on average equity
0
0
Return on average assets
0.01%
0
For the period ended 31 December 2009
Cash flows from operating activities
Profit for the year
62,867
65,047
Provision for gratuity
555
492
Dividend received
-67,817
-81,388
Share option granted
3,313
1,746
Cash flows from operating profits before changes in operating assets and liabilities
-728
-13,855
Changes in operating assets and liabilities
Net increase /(decrease) in other assets
462,148
-493,961
Net (decrease) /increase in other liabilities
-18,789
45,997
Net cash used in operating activities
442631
-461819
cash flows from investing activities
Dividend received
67,817
81,388
Purchase of property and equipment
-9,393
-1,160
Proceeds from sale of property and equipment
27
10
Investments in subsidiaries
-603,128
-44,918
Investments securities available for sale
-6,427
Net cash used in investing activities
-551104
35320
Cash flows from financing activities
Repayment of borrowed funds
-105,097
-51,917
Drawdown on borrowed funds
352
150,826
Proceeds from issue of ordinary shares
93,218
509,341
Dividends paid
-17,500
-26,940
Net cash used in financing activities
-29027
581310
Net (decrease)/increase in cash and cash equivalents
-137,500
154,415
Cash and cash equivalents at beginning of year
234,939
80,524
Cash and cash equivalents at end of year
97439
234939
Investment Valuation Ratios
Profit Before Interest And Tax Margin(%)
Liquidity And Solvency Ratios
Cash Flow Indicator Ratios
Earning Retention Ratio
1%