confidence - Investing In Africa

key financial indicatorsRestated*2005 2004 2003 2002 2001Earnings per Share (cents) 366 346 284 262 240Net Income before Income Taxes (Rs M) 1,501 1,366 1,186 1,029 991Net Income available to Shareholders (Rs M) 1,191 1,127 1,018 952 871Economic Value Added (Rs M)** 304 338 286 247 300Risk Adjusted Return on Capital (RAROC) (%)** 38.09 39.08 N/A N/A N/ACapital to Weighted Risk Assets (%)*** 21.78 17.79 18.16 20.55 18.70Return on Average Weighted Risk Assets (%)**** 4.01 4.11 4.23 4.46 4.29Return on Average Assets (%)***** 2.64 2.90 2.93 2.94 3.01Return on Average Tier 1 Capital (%)***** 22.41 24.13 20.29 21.34 22.28Cost to Income****** (%) 38.91 40.15 39.17 38.24 35.73Cost to Income excluding depreciation****** (%) 28.55 31.55 28.88 27.01 26.618Electronic to Gross Transactions (%) 82.00 80.00 76.00 72.00 68.00* Restated wherever applicable.** Restated for comparative purposes arising of refinements in methodology.*** Capital adequacy is computed as per regulatory requirement, since 2005, based on credit as well as operational risks of the Group.**** Average Weighted Risk Assets are calculated using year end balances.***** Averages are based on daily balances as from 2003. Prior two years are based on monthly balances.****** Grossed up for tax exempt debenture interest Income.