INCOME STATEMENT
FOR THE QUARTER ENDED 30 JUNE 2007 |
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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 30.06.2007 |
ending 31.03.2007 |
ending 30.06.2007 |
ending 30.06.2006 |
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1 |
Interest Income |
18,255 |
16,240 |
34,494 |
26,687 |
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2 |
Interest Expense |
(2,106) |
(1,900) |
(4,006) |
(2,377) |
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3 |
Net Interest Income |
16,148 |
14,339 |
30,488 |
24,309 |
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4 |
Bad Debts Written Off |
- |
- |
- |
- |
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5 |
Provision For Bad & Doubtful Debts |
(834) |
(1,169) |
(2,003) |
(538) |
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6 |
Non Interest Income: |
7,698 |
7,253 |
14,950 |
11,377 |
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6.1 Foreign Exchange Profit/(Loss) |
2,823 |
2,570 |
5,393 |
4,334 |
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6.2 Commissions And Fees |
4,875 |
4,682 |
9,557 |
7,043 |
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7 |
Non Interest Expense |
(10,821) |
(10,007) |
(20,829) |
(16,721) |
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8 |
Losses/(Recoveries) on behalf of the Government |
(234) |
61 |
(173) |
(306) |
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of Tanzania |
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9 |
Operating Income Before Tax |
11,957 |
10,476 |
22,433 |
18,122 |
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and Extraordinary Items |
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10 |
Extraordinary Gains (Losses) |
- |
- |
- |
- |
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11 |
Income Tax Provisions |
(3,723) |
(3,118) |
(6,841) |
(5,886) |
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12 |
Profits attributable to shareholders |
8,234
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7,358 |
15,592 |
12,235
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Number Of Employees |
904 |
898 |
904 |
827 |
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PERFORMANCE INDICATORS |
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(i) Return on average total assets |
4% |
4% |
4% |
4% |
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(ii) Return on ordinary Shareholders' Funds |
35% |
34% |
35% |
40% |
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(iii)Non interest expense to gross income |
42% |
43% |
42% |
44% |
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(iv) Interest margin to average interest earning assets |
9% |
8% |
9% |
9% |
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