2020 R000 2019 R2000 Notes 4 216,126 333,772 5 94,716 109,376 ASSETS Cash and balances with Central Banks Due from Banks and other money market placements (net) Loans, advances and Islamic financing assets (net) Financial investments Property and equipment Other assets TOTAL ASSETS 6 2,887,862 2,801,557 7 8 318,534 62,568 52,845 3,632,651 292,549 65,047 40,746 3,643,047 9 UABILITIES AND EQUITY 10 288,723 283,786 LIABILITIES Due to Banks and other money market deposits Customers' deposits and unrestricted investment accounts 11 2,527,179 2,531,518 Euro medium term notes 12 13 Other liabilities Taxation 192,500 84,448 9,568 3,102,418 192,500 69,819 13,221 3,090,844 14 TOTAL LIABILITIES 15 16 162,595 34,465 54,198 1,564 17 EQUITY Share capital Share premium Legal reserve Other reserves Proposed cash dividend Retained earnings TOTAL EQUITY ATTRIBUTABLE TO THE SHARE HOLDERS OF THE BANK Tier 1 Perpetual Bond TOTAL EQUITY 162,595 34,465 54,198 (764) 27,316 158,893 18 20 161,911 414,733 436.703 19 115,500 530,233 3,632,651 115,500 552,203 3,643,047 TOTAL LIABILITIES AND EQUITY 2020 Notes 2019 0 22 Interest Income Interest expense Net Interest Income 23 163,191 (76,297) 86,894 163,724 (73,175) 90,519 Income from Islamic financing and Investment activities Unrestricted Investment account holders' share of profit Net Income from Islamk financing and Investment assets 8,935 (4,925) 4,010 7,657 (4,175) 3,482 Net Interest Income and net Income from Islamic financing and Investment assets 90,904 94,031 Fee and commission income (net) Other operating income 12,940 13,119 24 19,578 14,738 Operating income 116,963 128,347 Staff costs Other operating expenses Depreciation 25 (38,539) (18,814) (6,473) (63,826) (38,798) (18,741) (6,107) 8 Total operating expenses (63,646) Profit from operations before impairment losses and tax 53,137 64,701 Total impairment losses on financial assets (net) Profit before tax 26.4 (31,329) 21,808 (2.747) 56,954 Taxation (3,660) (5,523) Profit for the year 18,148 51.431 (2,945) (1.243) 277 (3.26) OTHER COMPREHENSIVE INCOME Items thot will not be reclassified to profit or loss Equity investments at FVOCI - net change in fairvalue Tax effect of equity investments at FVOCI - net change in fairvalue items that are or maybe reclassified subsequently to profit or Joss Debt instruments at FVOCI - net change in fairvalue Other comprehensive expense for the year Total comprehensive income for the year Earnings per share (USD) - Basic and diluted - (RO) (43) (2211) 15,437 588 (981) 50,450 28 0.006 0.027 2019 Nutes 1000 21,308 56,954 6,107 14,895 26.4 OPERATING ACTIVITIES Profit before taxation Adjustments for: Depreciation Allowance for credit losses - financial assets Amortisation of Premium Profit on sale of property and equipment (Profit)/oss on Investments at FVTPL Translation differences Dividend income Operating cash flows before changes in operating assets and liabilities 6,473 39,168 (624) (5) 24 119 (18) (1,380) 24 (1.612) 65,111 76,666 Due from Banks and other money market placements Due to Banks and other money market deposits Loans, advances and islamic financing assets Other assets Customers' deposits Other liabilities Cash (used in)/ from operating activities Taxes paid Cash (used in)/ from operating activities 16,899 (15,189) (126,046) (12,099) (4,339) 14,629 (61,034) 7,314) (68,348) (10,150) 113,602 (6,759) 12,775 79,136 (26,508) 238,762 11.660 237.102 INVESTING ACTIVITIES Purchase of investments Proceeds from sale of investments Purchase of property and equipment Proceeds from disposal of property and equipment Dividend received Net cash used in investing activities (38.730) 9,562 14,031) 182,745 18,327 (3.660) 160 1,612 (31.542) 166, 573 20 (27,316) FINANCING ACTIVITIES Payment of dividend Repayment in subordinated debt Payment of ero medium term notes interest on Tier perpetual bond Net cash used in financing activities (26.015) ( 12.000) (1146 17.075 (164708 (9,096) 36.412) (DECREASE) 7 INCREASE IN CASH AND CASH EQUIVALENTS (136,302) Cash and cash equivalents at the besinning of the year 261,314 255,488 125.012 2011 CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR REPRESENTING: Cast and balances with central Bank Due from Banks maturing within the months Due to Banks maturing within three months 215.626 26,621 (167.235) 125,012 1272 7515 14 109 2011 From the latest financial statement of the company calculate Earnings pershare, Dividend cover ratio and Price earning ratio of the company. Evaluate the performance of the company based on the above ratios