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Nine
Years' Summary of Results
Balance Sheet as at 31 December |
|
Amount
in RO.'000 |
| |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
1995 |
1994 |
1993 |
| Assets |
|
|
|
|
|
|
|
|
|
| Cash
and balances with |
|
|
|
|
|
|
|
|
|
| Central
banks |
22,254 |
39,432 |
19,631 |
36,561 |
18,095 |
18,266 |
14,806 |
11,737 |
9,926 |
| Treasury
Bills |
57,038 |
76,464 |
40,898 |
36,325 |
12,948 |
23,000 |
7,500 |
7,450 |
18,750 |
| Government
Securities |
39,410 |
40,150 |
12,379 |
7,850 |
5,487 |
5,277 |
5,777 |
4,857 |
3,362 |
| Placements
with banks |
93,767 |
145,619 |
77,237 |
33,955 |
121,667 |
62,538 |
63,660 |
50,131 |
41,678 |
| Loans
and advances |
1,098,067 |
996,650 |
582,146 |
530,404 |
445,504 |
291,087 |
239,953 |
219,976 |
189,477 |
| Investment
securities |
11,967 |
8,503 |
6,552 |
5,705 |
4,939 |
2,355 |
1,634 |
1,042 |
270 |
| Tangible
fixed assets |
7,507 |
7,941 |
5,164 |
5,450 |
5,175 |
4,774 |
4,711 |
4,660 |
4,495 |
| Other
assets |
16,446 |
22,206 |
2,724 |
2,744 |
2,446 |
1,791 |
1,918 |
1,637 |
2,001 |
| |
|
|
|
|
|
|
|
|
|
| Total
Assets |
1,346,456 |
1,336,965 |
746,731 |
658,994 |
616,261 |
409,088 |
339,959 |
301,490 |
269,959 |
| |
|
|
|
|
|
|
|
|
|
| Liabilities and Shareholders' Funds |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| Liabilities |
|
|
|
|
|
|
|
|
|
| Deposits
from banks |
225,461 |
275,524 |
159,483 |
101,084 |
80,574 |
51,770 |
42,098 |
32,221 |
24,301 |
| Customers'
deposits |
816,303 |
809,178 |
478,149 |
457,699 |
444,300 |
313,676 |
264,756 |
239,482 |
220,103 |
| Certificates
of deposit |
73,748 |
40,802 |
1,319 |
- |
- |
- |
- |
- |
- |
| Other
liabilities |
33,536 |
32,832 |
16,156 |
14,665 |
19,254 |
8,205 |
5,225 |
4,300 |
5,027 |
| Taxation |
3,366 |
3,045 |
1,833 |
- |
- |
- |
- |
- |
- |
| Proposed
dividends |
- |
- |
6,000 |
7,500 |
5,000 |
5,000 |
2,700 |
3,600 |
- |
| Subordinated
liabilities |
66,910 |
66,910 |
21,290 |
21,290 |
15,900 |
3,000 |
- |
- |
- |
| |
1,219,324 |
1,228,291 |
684,230 |
602,238 |
565,028 |
381,651 |
314,779 |
279,603 |
249,431 |
| Shareholders'
Funds |
|
|
|
|
|
|
|
|
|
| Share
capital |
45,538 |
45,538 |
30,000 |
30,000 |
20,000 |
20,000 |
18,000 |
18,000 |
15,000 |
| Share
premium |
177 |
- |
- |
- |
- |
- |
- |
- |
- |
| Convertible
Bonds |
27,098 |
- |
- |
- |
- |
- |
- |
- |
- |
| Proposed
increase in share capital |
- |
- |
- |
- |
16,501 |
- |
- |
- |
- |
| Proposed
issue of bonus shares |
- |
- |
- |
- |
5,000 |
- |
2,000 |
- |
3,000 |
| General
reserve |
11,382 |
11,382 |
5,000 |
4,000 |
3,000 |
2,000 |
1,500 |
1,000 |
450 |
| Non-distributable
reserves |
37,200 |
32,520 |
22,955 |
19,309 |
5,479 |
3,828 |
3,094 |
2,487 |
2,043 |
| Proposed
dividends |
4,904 |
9,107 |
- |
- |
- |
- |
- |
- |
- |
| Retained
profit |
833 |
10,127 |
4,546 |
3,447 |
1,703 |
1,609 |
586 |
400 |
35 |
| |
127,132 |
108,674 |
62,501 |
56,756 |
51,233 |
27,437 |
25,180 |
21,887 |
20,528 |
| |
|
|
|
|
|
|
|
|
|
| Total
Liabilities and Shareholders' Funds |
1,346,456 |
1,336,965 |
746,731 |
658,994 |
616,261 |
409,088 |
339,959 |
301,490 |
269,959 |
| Letters
of credit, acceptances, guarantees
and other obligations on |
|
|
|
|
|
|
|
|
|
| behalf
of customers |
344,168 |
327,818 |
153,888 |
131,405 |
108,535 |
96,819 |
93,861 |
88,195 |
71,669 |
 |
 |
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 |
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| |
|
|
|
|
|
|
|
|
|
| Operating
cost to income % |
44.25% |
49.93% |
42.96% |
45.55% |
44.72% |
55.60% |
52.34% |
56.41% |
56.20% |
| Return
on average assets % |
0.58% |
1.56% |
1.72% |
2.04% |
2.44% |
1.96% |
1.89% |
1.78% |
1.19% |
| Return
on average shareholders' funds % |
6.58% |
19.01% |
20.22% |
24.14% |
31.85% |
27.90% |
25.82% |
24.00% |
16.93% |
| Earnings
per share (RO) |
0.170 |
0.357 |
0.402 |
0.434 |
0.444 |
0.260 |
0.218 |
0.183 |
0.117 |
| Share
price (RO) |
1.800 |
3.540 |
4.490 |
3.300 |
9.450 |
3.450 |
2.950 |
2.250 |
1.400 |
| BIS
capital adequacy % |
15.80% |
16.39% |
13.44% |
14.65% |
16.22% |
11.01% |
10.64% |
10.29% |
| | | | |