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Statement of Financial Position for: 2017

Statement of Financial Position for: 2016

Statement of Financial Position for: 2015

Statement of Financial Position for: 2014

Statement of Financial Position for: 2013

Statement of Financial Position for: 2012

* Note: The balances and amounts for this period are NGAAP balances and amounts and as such, are not comparable.

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Statement of Financial Position for: 2017

ASSETS
Cash and cash equivalents ₦5,752,469
Pledged asset ₦409,674
Loans and receivables from customers ₦9,008,675
Investment securities ₦16,681
Trade and other receivables ₦172,878
Property and equipment ₦591,964
Deferred tax assets -
TOTAL ASSETS ₦15,952,341
LIABILITIES
Deposits from customers ₦9,126,494
Current tax liabilities ₦146,270
Deferred tax liabilities ₦61,569
Retirement benefit obligations -
Other liabilities ₦315,251
Borrowings ₦1,550,468
TOTAL LIABILITIES ₦11,200,052
CAPITAL AND RESERVES
Share capital ₦1,143,328
Share premium ₦1,517,485
Retained earnings ₦728,276
Other reserves ₦1,363,200
TOTAL EQUITY ₦4,752,289
TOTAL LIABILITIES AND EQUITY ₦15,952,341
STATEMENT OF COMPREHENSIVE INCOME
Gross income ₦3,654,875
Profit before taxation ₦819,819
Profit after taxation ₦631,890
Dividend -
Basic and diluted earnings per share (Kobo) 28
Dividend per share (Kobo) -
Net asset per share (Kobo) 208
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Statement of Financial Position for: 2016

ASSETS
Cash and cash equivalents ₦1,889,881
Pledged asset ₦581,425
Loans and receivables from customers ₦9,095,801
Investment securities ₦37,574
Trade and other receivables ₦257,545
Property and equipment ₦499,646
Deferred tax assets -
TOTAL ASSETS ₦12,361,872
LIABILITIES
Deposits from customers ₦6,792,391
Current tax liabilities ₦199,571
Deferred tax liabilities ₦19,910
Retirement benefit obligations -
Other liabilities ₦537,353
Borrowings ₦349,249
TOTAL LIABILITIES ₦7,898,474
CAPITAL AND RESERVES
Share capital ₦1,143,328
Share premium ₦1,517,485
Retained earnings ₦506,963
Other reserves ₦1,295,622
TOTAL EQUITY ₦4,463,398
TOTAL LIABILITIES AND EQUITY ₦12,361,872
STATEMENT OF COMPREHENSIVE INCOME
Gross income ₦2,925,229
Profit before taxation ₦803,440
Profit after taxation ₦554,903
Dividend -
Basic and diluted earnings per share (Kobo) 24
Dividend per share (Kobo) 15
Net asset per share (Kobo) 195
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Statement of Financial Position for: 2015

ASSETS
Cash and cash equivalents ₦3,054,860
Pledged asset ₦583,038
Loans and receivables from customers ₦7,881,519
Investment securities ₦38,154
Trade and other receivables ₦346,969
Property and equipment ₦394,070
Deferred tax assets ₦35,411
TOTAL ASSETS ₦12,334,021
LIABILITIES
Deposits from customers ₦6,610,113
Current tax liabilities ₦188,983
Deferred tax liabilities -
Retirement benefit obligations -
Other liabilities ₦652,637
Borrowings ₦630,795
TOTAL LIABILITIES ₦8,082,528
CAPITAL AND RESERVES
Share capital ₦1,143,328
Share premium ₦1,517,485
Retained earnings ₦476,216
Other reserves ₦1,114,464
TOTAL EQUITY ₦4,251,493
TOTAL LIABILITIES AND EQUITY ₦12,334,021
STATEMENT OF COMPREHENSIVE INCOME
Gross income ₦2,592,694
Profit before taxation ₦688,899
Profit after taxation ₦514,598
Dividend -
Basic and diluted earnings per share (Kobo) 23.00
Dividend per share (Kobo) 15.00
Net asset per share (Kobo) 186
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Statement of Financial Position for: 2014

ASSETS
Cash and cash equivalents ₦3,054,787
Pledged asset ₦635,090
Loans and receivables from customers ₦6,527,210
Investment securities ₦47,265
Trade and other receivables ₦194,773
Property and equipment ₦371,331
Deferred tax assets -
TOTAL ASSETS ₦10830456
LIABILITIES
Deposits from customers ₦4,803,374
Current tax liabilities ₦213,434
Deferred tax liabilities -
Retirement benefit obligations ₦282,010
Other liabilities ₦813,502
Borrowings -
TOTAL LIABILITIES ₦6,112,320
CAPITAL AND RESERVES
Share capital ₦1,143,328
Share premium ₦1,517,485
Retained earnings ₦407,801
Other reserves ₦1,011,279
TOTAL EQUITY ₦4,079,893
TOTAL LIABILITIES AND EQUITY ₦10,865,189
STATEMENT OF COMPREHENSIVE INCOME
Gross income ₦2,134,692
Profit before taxation ₦617,507
Profit after taxation ₦477,816
Dividend -
Basic and diluted earnings per share (Kobo) 21
Dividend per share (Kobo) -
Net asset per share (Kobo) 178
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Statement of Financial Position for: 2013

ASSETS
Cash and cash equivalents ₦2,477,012
Pledged asset ₦20,000
Loans and receivables from customers ₦5,559,453
Investment securities ₦61,268
Trade and other receivables ₦207,530
Property and equipment ₦355,375
Deferred tax assets -
TOTAL ASSETS ₦8,680,638
LIABILITIES
Deposits from customers ₦3,858,052
Current tax liabilities ₦135,024
Deferred tax liabilities ₦62,196
Retirement benefit obligations ₦106,449
Other liabilities ₦602,023
Borrowings -
TOTAL LIABILITIES ₦4,763,744
CAPITAL AND RESERVES
Share capital ₦1,143,328
Share premium ₦1,517,485
Retained earnings ₦301,138
Other reserves ₦954,943
TOTAL EQUITY ₦3,916,894
TOTAL LIABILITIES AND EQUITY ₦8,680,638
STATEMENT OF COMPREHENSIVE INCOME
Gross income ₦1,934,059
Profit before taxation ₦512,076
Profit after taxation ₦391,320
Dividend -
Basic and diluted earnings per share (Kobo) 17.11
Dividend per share (Kobo) -
Net asset per share (Kobo) 171.29
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Statement of Financial Position for: 2012

ASSETS
Cash and cash equivalents ₦2,235,258
Pledged asset ₦20,000
Loans and receivables from customers ₦4,780,336
Investment securities ₦113,577
Trade and other receivables ₦175,509
Property and equipment ₦366,306
Deferred tax assets -
TOTAL ASSETS ₦7,690,986
LIABILITIES
Deposits from customers ₦3,271,585
Current tax liabilities ₦154,704
Deferred tax liabilities ₦46,932
Retirement benefit obligations ₦137,109
Other liabilities ₦389,815
Borrowings -
TOTAL LIABILITIES ₦4,000,145
CAPITAL AND RESERVES
Share capital ₦1,143,328
Share premium ₦1,517,485
Retained earnings ₦280,986
Other reserves ₦749,042
TOTAL EQUITY ₦3,690,841
TOTAL LIABILITIES AND EQUITY ₦ 7,690,986
STATEMENT OF COMPREHENSIVE INCOME
Gross income ₦1,631,284
Profit before taxation ₦630,529
Profit after taxation ₦475,837
Dividend ₦228,666
Basic and diluted earnings per share (Kobo) 20.81
Dividend per share (Kobo) 10.00
Net asset per share (Kobo) 161.41