INCOME STATEMENT

Annual Income Statement dated 31 Dec 2017.


N’million

Interest Income

110,318

Interest Expense

(60,137)

Net Interest Income

50,180

Fees and commission Income

12,876

net trading income

4,669

other operating income

5,627

operating income

73,352

impairment charges

(12,267)

net operating income after impairment charge

61,085

Personnel expense

(11,545)

General and administrative expenses

(16,554)

Other operating expense

(14,783)

Depreciation and amortization

(4,995)

other property, plant and equipment costs

(4,602)

Total Expenses

(52,479)

profit before tax

8,606

income tax

(85)

profit after tax

8,521

Fair value loss on available for sale investments

(2,568)

gain on available for sale securities sold included in profit or loss

11,323

Total compressive income

17,276

earnings per share ( Kobo)

30k

 
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