Contents - Equity Bank Group

Notes to the Financial StatementsFor the year ended 31st December 20078. Interest incomeIn millions of Kenya Shillings Note 2007 2006Interest incomeCash and cash equivalents 21 112 69Loans and advances to customers 22 2,514 1,437Investment securities 23 529 129Total interest income 3,155 1,635Interest expenseDeposits from banks (3) (3)Deposits from customers 25 (249) (118)Borrowings 27 (243) (6)Total interest expense (495 ) (127 )Net interest income 2,660 1,508Included within various captions under interest income for the year ended 31 December 2007 is a total of KShs NIL (2006: KShs NIL)accrued on impaired financial assets.Included within interest income on investment securities for the year ended 31 December 2007 is KShs 337 million (2006: KShs 27million) relating to investment securities held-to-maturity.9. (a) Net fee and commission incomeIn millions of Kenya Shillings 2007 2006Fee and commission incomeTotal fee and commission income 562 366Fee and commission expenseTotal fee and commission expense - -Net fee and commission income 562 366(b)Net trading incomeIn millions of Kenya ShillingsBonds trading income 99 -Foreign exchange gain 147 24246 242007 Annual Report and Financial Statements 51