New Page 1

 
Finance Home l Chairman

Contents l Chairman's Report | Corporate Information | Financial Statements | Branch Network | Home    
 
 
Other Links   Balance Sheet as at 31 December 

RO  or  US
  Statement of Income and Retained Earnings

RO  or  US
Balance Sheet as at 31 December 

Amount in U.S. $.'000
  2002   2001   2000   1999   1998   1997   1996   1995   1994   1993
Assets                                           
Cash and balances  with                                     
Central banks 388,395   57,803   102,421   50,990   94,964   47,000   47,444   38,457   30,486   25,782
Treasury Bills 82,761   148,151   198,608   106,229   94,351   33,631   59,740   19,480   19,351   48,701
Government Securities 73,514   102,364   104,285   32,153   20,390   14,252   13,706   15,005   12,616   8,732
Placements with banks 169,895   243,551   378,232   200,616   88,195   316,018   162,437   165,351   130,210   108,255
Loans and advances 3,183,974   2,852,121   2,588,701   1,512,067   1,377,673   1,157,153   756,070   623,255   571,366   492,148
Investment securities 36,402   31,083   22,086   17,018   14,818   12,829   6,117   4,244   2,706   701
Tangible fixed assets 25,343   19,498   20,626   13,413   14,156   13,442   12,400   12,236   12,104   11,675
Other assets 46,042   42,718   57,678   7,075   7,127   6,353   4,652   4,982   4,252   5,197
Total Assets 4,006,326   3,497,289   3,472,637   1,939,561   1,711,673   1,600,678   1,062,566   883,010 783,091 701,192
                                   
Liabilities and Shareholders' Funds                                  
                      
Liabilities                                      
Deposits from banks 596,223   585,614   715,647   414,242   262,556   209,283   134,467   109,345   83,691   63,120
Customers' deposits 2,502,135   2,120,267   2,101,761   1,241,945   1,188,829   1,154,026   814,743   687,678   622,031   571,696
Certificates of deposit 247,977   191,552   105,979   3,426     -    -     -    -    -    -
Other liabilities 104,883   87,105   85,278   41,964   38,091   50,010   21,312   13,571   11,169   13,057
Taxation 16,501   8,744   7,909   4,761    -     -    -    -    -    -
Proposed dividends  -    -    -   15,584   19,481   12,987   12,987   7,013   9,351    -
Subordinated liabilities 140,286   173,794   173,793   55,299   55,299   41,299   7,792    -    -    -
  3,608,005   3,167,076   3,190,367   1,777,221   1,564,255   1,467,605   991,301   817,607 726,242 647,873
Shareholders' Funds                                      
Share capital 127,369   118,279   118,279   77,922   77,922   51,948   51,948   46,753   46,753   38,961
Share premium 11,642   460   -   -   -   -   -   -   -   -
Convertible Bonds 70,390   70,384   -   -   -   -   -   -   -   -
Proposed increase in share capital  -    -    -    -    -   41,691    -    -    -    -
Proposed issue of bonus shares 6,369    -    -    -    -   12,987    -   5,195    -   7,792
General reserve 40,260   29,564   29,564   12,987   10,390   7,792