Contents - Equity Bank Group

Balance SheetAs at 31st December 2007In millions of Kenya Shillings Note 2007 2006AssetsCash and cash equivalents 21 11,996 4,709Loans and advances to customers 22 21,836 10,930Investment securities 23 13,543 1,656Investment in associate 17 442 -Property and equipment 14 2,607 1,469Intangible assets 15 224 161Other assets 24 2,428 1,099Total assets 53,076 20,024LiabilitiesDeposits from customers 25 31,536 16,337Current tax liabilities 18 209 147Deferred tax liabilities 26 45 11Long term borrowings 27 4,521 485Other liabilities 28 1,848 844Total liabilities 38,159 17,824EquityShare capital 29 1,811 453Share premium 29 10,543 480Fair value reserve 29 13 1Statutory reserve 29 253 -Retained earnings 1,754 1,085Proposed dividends 29 543 181Total equity 14,917 2,200Total liabilities and equity 53,076 20,024The financial statements were approved by the Board of Directors on 6th March 2008 and signed on its behalf by:-Director Director SecretaryThe notes on pages 36 to 66 are an integral part of these financial statements.2007 Annual Report and Financial Statements 33