Full integrated annual report - African Bank - Investoreports
Full integrated annual report - African Bank - Investoreports
Full integrated annual report - African Bank - Investoreports
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<strong>African</strong> <strong>Bank</strong> Investments Limited<br />
Condensed group statement of fi nancial position<br />
as at 30 September 2011<br />
R million % change 2011 2010<br />
Assets<br />
Short term deposits and cash (6) 3 198 3 410<br />
Statutory assets – bank and insurance 54 2 775 1 806<br />
Inventories 4 885 851<br />
Other assets >100 872 321<br />
Taxation (87) 13 97<br />
Net advances 38 35 099 25 360<br />
Deferred tax asset 14 465 409<br />
Assets held for sale (100) 0 5<br />
Policyholders’ investments (93) 1 15<br />
Property and equipment 37 852 622<br />
Intangible assets (9) 761 834<br />
Goodwill 0 5 472 5 472<br />
Total assets 29 50 393 39 202<br />
Liabilities and equity<br />
Short term funding 61 1 666 1 038<br />
Other liabilities 15 2 013 1 743<br />
Taxation >100 72 33<br />
Deferred tax liability (42) 229 392<br />
Life fund reserve (93) 1 14<br />
Bonds and other long term funding 42 29 672 20 877<br />
Subordinated bonds 25 2 775 2 226<br />
Total liabilities 38 36 428 26 323<br />
Ordinary shareholders’ equity 7 13 246 12 396<br />
Preference shareholders’ equity 49 719 483<br />
Total equity (capital and reserves) 8 13 965 12 879<br />
Total liabilities and equity 29 50 393 39 202<br />
Integrated <strong>report</strong> 2011 | <strong>African</strong> <strong>Bank</strong> Investments Limited 55
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