Standardbank Cover.indd - Standard Bank - Investor Relations

Group results
in brief
Segmental
reporting
Income statement
analysis
Balance sheet
analysis
Capital
management
Key banking legal
entity information
Other information
and restatements
Shareholder
information
Summarised group income statement
Change 2012 2011
% Rm Rm
Net interest income 18 34 233 29 027
Non-interest revenue 16 34 474 29 724
Net fee and commission revenue 8 21 319 19 782
Trading revenue 12 8 868 7 895
Other revenue >100 4 287 2 047
Total income 17 68 707 58 751
Credit impairment charges 37 8 800 6 436
Specific credit impairments 55 9 040 5 849
Impaired loss 61 8 240 5 117
Discounting of expected recoveries 9 800 732
Portfolio credit impairments (>100) (240) 587
Income after credit impairment charges 15 59 907 52 315
Operating expenses 15 39 998 34 725
Staff costs 16 22 195 19 141
Other operating expenses 14 17 803 15 584
Net income before restructure charge 13 19 909 17 590
Restructure charge 100 758
Net income before goodwill 9 19 151 17 590
Goodwill impairment >100 777 61
Net income before disposal of subsidiaries and equity accounted earnings 5 18 374 17 529
Loss on disposal of subsidiaries (100) (86)
Share of profit from associates and joint ventures >100 675 257
Net income before taxation 7 18 963 17 786
Taxation 7 5 766 5 397
Profit for the year from continuing operations 7 13 197 12 389
Discontinued operation >100 2 435 641
Profit from the discontinued operation 42 910 641
Profit from the disposal of the discontinued operation 100 1 525
Profit for the year 20 15 632 13 030
Attributable to non-controlling interests 23 855 694
Attributable to preference shareholders 5 357 339
Attributable to ordinary shareholders – banking activities 20 14 420 11 997
Headline adjustable items – banking activities (>100) (1 443) 174
Headline earnings – banking activities 7 12 977 12 171
Headline earnings – Liberty 42 2 033 1 428
Standard Bank Group headline earnings 10 15 010 13 599
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