|
|
 |
Balance Sheet |
|
|
|
 |
|
As At 30 June 2002 |
Notes |
|
2001 |
|
Assets |
|
|
|
|
Cash
and banks |
|
|
|
|
Cash
on hand |
|
57,653,937 |
45,958,173 |
|
Deposits with local banks |
|
27,652,760 |
27,241,431 |
|
Deposits with foreign banks |
|
204,768,549 |
208,743,481 |
|
Reserve
account
with National Bank of Ethiopia |
|
101,233,307 |
88,201,893 |
|
|
391,308,553 |
370,144,978 |
|
Treasury Bills |
|
129,954,200 |
|
|
Government
bonds |
|
10,000,000 |
10,000,000 |
|
Investments |
3 |
21,347,398 |
|
|
Loans and advances |
4,5,6 |
845,024,455 |
690,578,472 |
|
Customers
liability for L/Cs and acceptance- per contra |
|
126,276,928 |
137,690,879 |
|
other
debit
balance |
7 |
16,854,554 |
8,866,536 |
|
Provision
for taxation and contingencies fixed asset |
8 |
22,413,247 |
18,175,970 |
|
Establishment expanses |
9 |
|
|
|
Total Assets |
|
1,563,179,335 |
1,235,456,835 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
Deposits:
Demand deposits |
|
343,890,193 |
236158,036, |
|
Saving deposits |
|
737,269,441 |
532,904,672 |
|
Fixed deposits |
|
60,557,797 |
92,169,344 |
| Total
deposits |
|
1,141,717,431 |
861,232,052 |
|
Margin held on letters of credit |
|
60,124,576 |
68,076,623 |
|
Advance
payments on letters of credit |
|
|
1,791,757 |
|
Banks
liability for L/Cs and acceptance- per contra |
|
126,276,928 |
137,690,879 |
|
Other
credit balances |
10 |
83,000,838 |
58,330,200 |
|
Proposed
dividends |
11 |
15,000,000 |
5,000,000 |
|
Provision for taxation |
|
14,699,117 |
14,757,796 |
|
TOTAL LIABILITIES |
|
1,440,818,890 |
1,146,879,307 |
|
|
|
|
|
SHAREHOLDERS'
Equity |
|
|
|
|
Share capital |
12 |
75,000,000 |
50,000,000 |
|
Legal reserve |
|
18,090,112 |
12,144,383 |
|
Retained earnings |
|
29,270,333 |
26,433,145 |
| Total
capital and reserves |
|
122,360,445 |
88,577,528 |
|
TOTAL LIABILITIES AND SHAREHOLDERS' equity
|
|
|
|
|
1,563,179,335 |
1,235,456,835 |
|
Memorandum Account
|
|
|
|
|
13 |
89,087,931 |
47,646,299 |
|
|
|
