Profit & Loss Account
|
|
Group |
Group |
Company |
Company |
|
Notes |
2010 |
2009 |
2010 |
2009 |
|
|
N’000 |
N’000 |
N’000 |
N’000 |
|
|
|
|
|
|
| GROSS EARNINGS |
10,625,542 |
6,463,891 |
10,243,731 |
6,315,851 |
| Discount and similar income |
3 |
8,717,470 |
5,977,304 |
8,434,513 |
5,886,412 |
| Discount and similar expense |
4 |
-6,431,831 |
-3,912,378 |
-6,276,530 |
-3,875,646 |
| Net Discount Income |
|
2,285,639 |
2,064,926 |
2,157,983 |
2,010,766 |
| Trading income |
5 |
371,500 |
86,616 |
272,646 |
29,468 |
| Operating Income |
|
4,193,711 |
2,551,513 |
3,967,201 |
2,440,205 |
| Operating expense |
6 |
-1,389,340 |
-631,770 |
-1,086,587 |
-585,187 |
| Diminution in value assets |
13 |
338,985 |
-4,011,991 |
293,748 |
-3,992,604 |
| profit/(loss) before tax |
|
3,143,356 |
-2,092,248 |
3,174,362 |
2,137,586 |
| Tax |
7 |
160,773 |
1,013,041 |
163,598 |
1,033,686 |
| Profit/(loss) after tax |
|
3,304,129 |
-1,079,207 |
3,337,960 |
-1,103,900 |
| |
|
|
|
|
|
| APPROPRIATIONS: |
|
|
|
|
|
| Transfer to statutory reserves |
25 |
500,694 |
- |
500,694 |
- |
| Transfer to general reserves |
25 |
2,803,435 |
-1,079,207 |
3,337,960 |
-1,103,900 |
| Earnings per share |
29 |
83k |
-27k |
83k |
-28k |
|
 |
