Balance Sheet as at 31 December 2010
Cash and Balances with CBN
10,048
7,772
Treasury Bills
12,428
11,378
Due from other banks
88,659
76,954
Loans and advances to custmers
163,952
110,508
Advances under finance lease
13,502
9,377
Investment Securities
47,585
70,880
Investment in subsidiaries
1
Deferred tax assets
939
594
Property and Equipment
31,252
26,878
Customers' Deposits
186,466
169,200
Due to other banks
56,152
38,334
Other borrowings
18,272
12,647
Current income tax
4,197
4,660
Other liabilities
34,220
34,848
Non-controlling Interest
1,376
Deffered Tax Liabilities
108
9,375
SHAREHOLDERS’ FUNDS
83750
80480
Retirement Benefit Obligations
384,541
341,286
Total Liabilities
19878
27834
For the year ended 31 December 2010
Net operating income
4 ,823
Net Interest Income
26,370
Fee and Commission Income
19,345
Fee and Commission expense
-362
Net income and commissions
18,983
Foreign exchange Income
2,658
Income from investment
132
Operating expenses and Provisions
-34,246
-33,481
Profit/(Loss) before tax
13,528
10,342
Profit/(Loss) after tax
9,455
8,138
Non-controlling interest
-653
-490
Profit/(loss) attributable to shareholders
8,802
Profit attributable to the Group
7,648
Key Performance Information
Total Non-Performing loans & advances
14,237
Total Non-Performing loans to total loans & advances
0.08%
Earnings per share (basic/diluted)
50 k
Dividend per share (proposed/paid)
39 k
Gross interest margin %
61
% Shareholders’ funds/total assets
24
% Loans and overdrafts/total assets
32
% Loans and overdrafts/deposits
65
% Provision/Loans and overdrafts
10
Earnings per share (EPS) - actual
43 k
Earnings per share (EPS) - basic
43 k
Earnings per share (EPS) - adjusted
43 k
Earnings per share (EPS) - diluted
43 k
Average number of employees
2,009
For the period ended 31 December 2009
Cash (used in)/generated from operations
-49,325
Net cash (used in)/generated from operating activities
35815
Dividend paid to shareholders
-7,647
Proceeds from Long term loan
-15,332
Net cash from financing activities
-7201
Purchase of long term investment
10,283
Additional investment in subsidiaries
Purchase of property, plant and equipment
-14,941
Proceeds from sale of property and equipment
268
Net cash from investing activities
-4221
(Decrease)/increase in cash and cash equivalents
-9,571
(Decrease)/increase in cash and cash equivalents
-9571
InvestmentValuationRatios
InvestmentValuationRatios
Operating Profit Per Share (Rs)
Operating Profit Margin(%)
Return on Net Worth(%)
0.16%
Cost to income ratio
-0.71%
Capital Adequacy Ratio
0.22%
Net Profit Margin (%)
0.17%
Equity capital to deposits
0.45%
Loan-to-deposits (LTD)
0.88%
Interest Income/Gross Earnings
0.61%
Non-Interest Income/Gross Earnings
3.29%
Cash Flow Indicator Ratios