Annual Report 2007 - Investing In Africa

Consolidated
Balance Sheet
As at 31 December
2007 2006
Note US$'000 US$'000
ASSETS
Cash and balances with central banks 11 978,233 308,959
Treasury bills and other eligible bills 12 547,401 137,345
Loans and advances to banks 13 834,404 554,311
Loans and advances to customers 16 3,117,036 1,919,366
Trading assets 14 10,375 747
Derivative financial instruments 15 75,003 20
Investment securities available-for-sale 17 553,013 349,728
Pledged assets 30 - 2,021
Intangible assets 18 20,445 4,607
Property, plant and equipment 19 242,984 116,420
Deferred income tax assets 27 8,762 7,832
Other assets 20 162,568 102 383
Total assets 6,550,224 3,503,739
LIABILITIES
Deposits from banks 21 462,666 118,617
Due to customers 23 4,714,327 2,500,178
Other deposits 22 - 5,027
Derivative financial instruments 15 75,000 -
Borrowed funds 24 216,298 50,660
Other liabilities 25 349,058 294,970
Current income tax liabilities 43,754 32,225
Deferred income tax liabilities 27 23,853 10,845
Retirement benefit obligations 28 13,508 8,902
Total liabilities 5,898,464 3,021,424
EQUITY
Capital and reserves attributable
to the Company's equity holders
Share capital 31 265,155 264,115
Retained earnings 32 145,314 65,209
Other reserves 32 103,079 52,764
513,548 382,088
Minority interest 138,212 100,227
Total equity 651,760 482,315
Total liabilities and equity 6,550,224 3,503,739
The notes on pages 88 to 111 are an integral part of these consolidated financial statements
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... The Pan African Bank