| INCOME STATEMENT |
| FOR THE QUARTER ENDED 31ST DECEMBER,2005 |
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(AMOUNT IN MILLION SHILLINGS) |
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Current |
Previous |
Current year |
Previous
year |
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|
quarter |
quarter |
Cumulative |
Cummulative |
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ending 31.12.2005 |
ending 30.09.2005 |
ending 31.12.2005 |
ending 31.12.2004 |
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| 1 |
Interest Income |
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|
11,156 |
9,523 |
36,956 |
26,584 |
| |
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| 2 |
Interest Expense |
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(971) |
(762) |
(3,063) |
(2,064) |
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| 3 |
Net Interest Income |
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10,185 |
8,761 |
33,893 |
24,520 |
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| 4 |
Bad Debts Written Off |
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- |
- |
- |
(3,032) |
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| 5 |
Provision For Bad & Doubtful Debts |
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(8) |
333 |
(43) |
5,308 |
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| 6 |
Non Interest Income: |
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6,128 |
5,499 |
22,537 |
20,441 |
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6.1 Foreign Exchange Profit/(Loss) |
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2,222 |
1,945 |
8,707 |
6,349 |
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6.2 Commissions And Fees |
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3,906 |
3,554 |
13,830 |
14,092 |
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- |
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| 7 |
Non Interest Expense |
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(8,439) |
(7,554) |
(30,297) |
(27,546) |
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| 8 |
Losses/(Recoveries) on behalf of the Government |
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|
(138) |
(70) |
(1,037) |
(5,208) |
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of Tanzania |
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| 9 |
Operating Income Before Tax |
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7,728 |
6,969 |
25,054 |
14,483 |
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and Extraordinary Items |
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| 10 |
Extraordinary Gains (Losses) |
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- |
- |
- |
- |
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| 11 |
Income Tax Provisions |
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(1,852) |
(2,050) |
(7,049) |
(3,532) |
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| 12 |
Profits attributable to
shareholders |
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5,876 |
4,919 |
18,005 |
10,951 |
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Number Of Employees |
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801 |
800 |
801 |
794 |
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PERFORMANCE INDICATORS |
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(i) Return on average total
assets |
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4% |
4% |
3% |
3% |
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(ii) Return on ordinary
Shareholders' Funds |
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48% |
43% |
37% |
28% |
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(iii)Non interest expense to
gross income |
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49% |
50% |
51% |
59% |
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(iv) Interest margin to average
interest earning assets |
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8% |
8% |
8% |
7% |
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