incomestatment
| INCOME STATEMENT |
| FOR THE QUARTER ENDED 30TH SEPTEMBER,2005 |
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(AMOUNT IN MILLION SHILLINGS) |
| |
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|
Current |
Previous |
Current year |
Previous
year |
| |
|
|
|
quarter |
quarter |
Cumulative |
Cummulative |
| |
|
|
|
ending 30.09.2005 |
ending 30.06.2005 |
ending 30.09.2005 |
ending 30.09.2004 |
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|
| 1 |
Interest Income |
|
|
9,523 |
8,438 |
25,800 |
19,319 |
| |
|
|
|
|
|
|
|
| 2 |
Interest Expense |
|
|
(762) |
(693) |
(2,092) |
(1,509) |
| |
|
|
|
|
|
|
|
| 3 |
Net Interest Income |
|
|
8,761 |
7,745 |
23,708 |
17,810 |
| |
|
|
|
|
|
|
|
| 4 |
Bad Debts Written Off |
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|
- |
- |
- |
(434) |
| |
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|
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| 5 |
Provision For Bad & Doubtful Debts |
|
|
333 |
(96) |
478 |
711 |
| |
|
|
|
|
|
|
|
| 6 |
Non Interest Income: |
|
|
5,499 |
5,415 |
16,410 |
13,893 |
| |
6.1 Foreign Exchange Profit/(Loss) |
|
|
1,945 |
2,138 |
6,485 |
4,029 |
| |
6.2 Commissions And Fees |
|
|
3,554 |
3,277 |
9,925 |
9,864 |
| |
|
|
|
- |
|
|
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| 7 |
Non Interest Expense |
|
|
(7,554) |
(7,506) |
(22,371) |
(19,083) |
| |
|
|
|
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| 8 |
Losses/(Recoveries) on behalf of the Government |
|
|
(70) |
(186) |
(899) |
(3,869) |
| |
of Tanzania |
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| |
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| 9 |
Operating Income Before Tax |
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|
6,969 |
5,372 |
17,325 |
9,028 |
| |
and Extraordinary Items |
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| 10 |
Extraordinary Gains (Losses) |
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|
- |
- |
- |
- |
| |
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| 11 |
Income Tax Provisions |
|
|
(2,050) |
(1,615) |
(5,198) |
(1,652) |
| |
|
|
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|
|
|
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| 12 |
Profits attributable to
shareholders |
|
|
4,919 |
3,758 |
12,128 |
7,376 |
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|
|
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|
| |
Number Of Employees |
|
|
800 |
793 |
800 |
792 |
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PERFORMANCE INDICATORS |
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| |
(i) Return on average total
assets |
|
|
4% |
3% |
3% |
2% |
| |
(ii) Return on ordinary
Shareholders' Funds |
|
|
43% |
34% |
36% |
26% |
| |
(iii)Non interest expense to
gross income |
|
|
50% |
54% |
53% |
57% |
| |
(iv) Interest margin to average
interest earning assets |
|
|
8% |
8% |
8% |
7% |
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