| Statement
of Comprehensive Income |
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|
|
|
| for the year ended December 31
2013 |
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|
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|
|
|
2013 |
|
2012 |
|
|
|
N'000 |
N'000 |
|
|
|
|
|
|
|
|
| Interest and similar income |
52,195,852 |
|
41,237,494 |
|
26.57% |
| interest and similar expense |
-22,052,800 |
|
-15,974,022 |
|
38.05% |
|
|
|
|
|
|
| Net interest income |
30,143,052 |
|
25,263,472 |
|
19.31% |
|
|
|
|
|
|
| Fee and Commission income |
7,334,874 |
|
9,890,248 |
|
-25.84% |
| Fee and commission expense |
0 |
|
0 |
|
|
|
|
|
|
|
|
| Net fee and commission income |
7,334,874 |
|
9,890,248 |
|
-25.84% |
|
|
|
|
|
|
| Net trading income |
48,823 |
|
35,947 |
|
35.82% |
| Other operating income |
3,248,378 |
|
2,596,664 |
|
25.10% |
|
|
|
|
|
|
| |Total operating income |
40,775,127 |
|
37,786,331 |
|
7.91% |
|
|
|
|
|
|
| Credit loss expense |
-21,592,692 |
|
-1,352,911 |
|
1496.02% |
| Impairment losses on Financial
investments |
-11,000 |
|
0 |
|
|
| Impairment losses on Goodwill |
-509,256 |
|
-104,435 |
|
387.63% |
| Impairment losses on Non current assets
held for sale |
-405,470 |
|
-202,517 |
|
100.22% |
| Impairment losses on bank Balances |
-10,125 |
|
0 |
|
|
| Net operating income |
18,246,584 |
|
36,126,468 |
|
-49.49% |
|
|
|
|
|
|
| Personal expenses |
-15,093,664 |
|
-14,557,095 |
|
3.69% |
| Depreciation of property and equipment |
-2,508,152 |
|
-2,545,017 |
|
-1.45% |
| Amortisation of intangible assest |
-390,668 |
|
-395,053 |
|
-1.11% |
| Other operating expense |
-33,893,468 |
|
12,152,575 |
|
-378.90% |
|
|
|
|
|
|
| Total operating expenses |
-51,885,952 |
|
-29,669,740 |
|
74.88% |
|
|
|
|
|
|
| (Loss)/Profit before tax |
-33,639,369 |
|
-6,456,728 |
|
421.00% |
|
|
|
|
|
|
| Income tax credit/(expense) |
-11,057,029 |
|
-276,666 |
|
3896.53% |
|
|
|
|
|
|
| (Loss )/ Profit after tax |
-22,582,339 |
|
-6,180,061 |
|
265.41% |
|
|
|
|
|
|
| Earning per share |
|
|
|
|
|
| Basic earning per share (Kobo) |
-58.74 |
|
-16.07 |
|
265.53% |
|
|
|
|
|
|
| Source - Unity Bank Plc/NSE Website |
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| UNITY BANK Plc |
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| INCOME STATEMENT |
|
| for Q1 2014 (N 000's) |
31-Mar |
|
2014 |
|
|
| Net Operating income |
10,086,275 |
| Operating expense |
-6,684,259 |
| Provision for loss |
-260,000 |
| Profit before exceptional Item and
taxation |
3,142,016 |
| Exception item |
0 |
| Profit after exceptional Item before
taxation |
3,142,016 |
| Information technology levy |
0 |
| Current taxation |
-147,302 |
| Deferred Taxation |
0 |
| Profit after taxation |
2,670,714 |
| Profit attributable to shareholder |
2,670,714 |
|
|
| Earning per share(basic) |
8 |
| Total Assets |
410,521,242 |
| Net assets |
30,817,282 |
|
|
|
|
| Source - Unity Bank Plc rights issue
proposal |
|
| UNITY
BANK PLC |
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| P&L Statement & Other
Comprehensive Income |
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| For The Six Months Ended 30 June,2014 |
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30,June |
|
30,June |
|
|
|
2014 |
|
2013 |
|
|
|
Unaudited |
|
Unaudited |
|
|
|
N'000 |
|
N'000 |
|
% Change |
|
|
|
|
|
|
| Gross Income |
30,851,553 |
|
30,174,976 |
|
2.24% |
| Interest and similar income |
25,007,666 |
|
-24,419,939 |
|
-202.41% |
| interest and similar expense |
-8,565,176 |
|
10,129,667 |
|
-184.56% |
|
|
|
|
|
|
| Net interest income |
16,442,490 |
|
14,290,273 |
|
15.06% |
|
|
|
|
|
|
| Fee and Commission income |
3,781,434 |
|
4,007,188 |
|
-5.63% |
| Net Fee and commission expense |
3,781,434 |
|
4,007,188 |
|
-5.63% |
|
|
|
|
|
|
| Foreign Exchange Revaluation Income |
121,915 |
|
87,747 |
|
38.94% |
| Other operating income |
1,940,538 |
|
1,660,101 |
|
16.89% |
|
2,062,452 |
|
1,747,849 |
|
18.00% |
|
|
|
|
|
|
| |Total operating income |
22,286,377 |
|
20,045,310 |
|
11.18% |
|
|
|
|
|
|
| Credit loss expense |
-612,249 |
|
-360,000 |
|
70.07% |
| Other Impairments |
0 |
|
0 |
|
|
| Net operating income |
21,674,128 |
|
19,685,310 |
|
10.10% |
|
|
|
|
|
|
| Personal expenses |
-6,991,480 |
|
-7,593,472 |
|
-7.93% |
| Depreciation of property and equipment |
-1,208,086 |
|
-1,258,004 |
|
-3.97% |
| Amortisation of intangible assest |
-141,737 |
|
-221,709 |
|
-36.07% |
| Other operating expense |
5,434,506 |
|
6,256,450 |
|
-13.14% |
|
|
|
|
|
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| Total operating expenses |
-13,775,809 |
|
-15,329,635 |
|
-10.14% |
|
|
|
|
|
|
| Profit before tax |
7,898,319 |
|
4,355,675 |
|
81.33% |
| Taxation |
-789,832 |
|
-653,351 |
|
20.89% |
| Profit for the year |
7,108,487 |
|
3,702,323 |
|
92.00% |
|
|
|
|
|
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| Other Comprehensive Income |
|
|
|
|
|
|
|
|
|
|
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| Profit/(Loss) for the year |
7,108,487 |
|
3,702,323 |
|
92.00% |
|
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|
|
|
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| Net gain/(loss) on available forb sale
financial assets |
-17,419 |
|
0 |
|
|
|
|
|
|
|
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| Total comprehensive income for the
year,net of tax |
7,091,068 |
|
3,702,323 |
|
91.53% |
|
|
|
|
|
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| Earning Per Share(Basic) Kobo |
18.49 |
|
10.59 |
|
74.60% |
|
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| Source - NSE Website / Unity Bank Plc |
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