Download - African Bank

Appendix C
Segmental profitability analysis
African Bank Investments Limited 128
Average
gross
interest- Gross yield Operating expenditure
bearing (interest, admin Cost to Headline
advances fees and insurance) Bad debt charge income earnings
R000 R000 % of adv R000 % of adv R000 % of adv % R000
12 MONTHS ENDED
30 SEPTEMBER 2003
African Bank Retail 4 471 681 2 117 416 47,4 286 167 6,4 661 711 14,8 31,3 599 881
Specialised Lending 943 137 747 604 79,3 158 768 16,8 342 207 36,3 45,8 122 178
Credit Indemnity 274 438 374 296 136,4 68 192 24,8 152 482 55,6 40,7 100 095
Miners Credit Guarantee
Gilt Edged
280 650 237 604 84,7 23 409 8,3 117 731 41,9 49,5 51 428
Management Services 169 264 49 691 29,4 21 435 12,7 26 141 15,4 52,6 (10 055)
Contractor Finance
Commercial
122 506 15 459 12,6 45 488 37,1 14 832 12,1 95,9 (36 143)
Vehicle Finance 88 819 31 456 35,4 (1 289) (1,5) 7 317 8,2 23,3 9 810
ABCommerce 1 746 1 498 85,8 134 7,7 1 943 111,3 129,7 (524)
Other 5 714 37 600 1 399 21 761 57,9 7 567
Group and consolidated – 710 – – – 32 323 – – (9 034)
STC – – – – – – – – (32 966)
Total 5 414 818 2 865 730 52,9 444 935 8,2 1 036 241 19,1 36,2 680 059
12 MONTHS ENDED
30 SEPTEMBER 2002
African Bank Retail 4 256 454 1 830 691 43,0 344 115 8,1 604 156 14,2 33,0 428 595
Specialised Lending 981 243 730 399 74,4 209 113 21,3 308 665 31,5 42,3 105 687
Credit Indemnity 226 759 296 018 130,5 62 110 27,4 127 927 56,4 43,2 69 927
Miners Credit Guarantee
Gilt Edged
290 422 251 774 86,7 57 279 19,7 93 493 32,2 37,1 56 086
Management Services 231 685 79 446 34,3 23 937 10,3 34 146 14,7 43,0 11 288
Contractor Finance 196 896 61 597 31,3 60 983 31,0 25 781 13,1 41,9 (33 623)
Other 35 481 41 564 4 804 27 318 65,7 2 009
Group and consolidated – 3 689 – – – 25 546 – – (14 362)
STC – – – – – – – – (9 278)
Total 5 237 697 2 564 779 49,0 553 228 10,6 938 367 17,9 36,6 510 642