|
|
 |
Balance Sheet |
|
|
|
 |
|
As At 30 June 2006 |
Notes |
|
2005 |
|
Assets |
|
|
|
|
Cash
and balances with other banks |
|
|
|
|
Cash
on hand |
|
119,535,058
|
109,768,024
|
|
Deposits with local commercial banks |
|
1,374,628
|
75,207,630
|
|
Deposits with foreign banks |
|
546,014,884
|
419,626,669
|
|
Deposit with National Bank of Ethiopia |
3
|
482,049,226
|
415,648,794
|
|
|
1,148,973,836
|
1,020,251,117
|
|
Investments |
4
|
27,801,795
|
27,801,765
|
|
Items
in course of collection from other banks |
5
|
153,864,230
|
122,774,202
|
|
Loans and advances to customers |
6
|
3,080,263,248
|
2,160,632,436
|
|
other assets |
7
|
75,097,334
|
42,557,741
|
|
Fixed assets |
|
60,012,535
|
45,791,652
|
|
Total Assets |
|
4,546,012,978
|
3,419,808,716
|
|
|
|
|
|
LIABILITIES |
|
|
|
|
Customers' deposits |
|
|
|
|
Demand deposits |
|
1,039,091,412
|
793,030,926
|
|
Saving deposits |
|
2,343,244,480
|
1,897,045,435
|
|
Fixed deposits |
|
309,267,163
|
142,930,754
|
|
|
3,691,603,055
|
2,833,007,115
|
|
Margin held on letters of credit |
|
136,392,485
|
103,601,739
|
|
Other liabilities |
9
|
280,367,023
|
213,869,232
|
|
provision for taxation |
13
|
51,777,613
|
26,447,616
|
|
|
|
|
|
TOTAL LIABILITIES |
|
4,160,140,176
|
3,176,925,702
|
|
|
|
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
Share capital |
10
|
156,190,000
|
100,000,000
|
|
Legal reserve |
|
89,973,776
|
56,576,329
|
|
General reserve |
|
64,709,026
|
|
|
Retained earnings |
16
|
75,000,000
|
86,306,685
|
|
|
385,872,802
|
242,883,014
|
|
TOTAL LIABILITIES AND
SHAREHOLDERS' FUNDS
|
|
|
|
|
4,546,012,978 |
3,419,808,716 |
|
|
|
