confidence - Investing In Africa

Financial StatementsNotes to the Accounts for the year ended 30 June 2005 (cont’d)26. DIVIDEND PAYABLEGROUP AND BANK2005 2004 2003MRs' 000 MRs' 000 MRs' 000Balance at Beginning of Year 390,063 357,638 363,375Dividend Paid (390,063) (357,558) (363,270)Amount Written Back -) (80) (105)Dividend declared during the Year: 130 Cents (2004: 120 Cents) (2003: 110 Cents) per Share 422,568 390,063 357,638Net Amount of Change in Equity 422,568 389,983 357,533Balance at End of Year 422,568 390,063 357,63827. EARNINGS PER SHAREGROUP AND BANK2005 2004 2003MRs' 000 MRs' 000 MRs' 000Net Income available to Shareholders 1,191,214 1,126,520 1,018,217Weighted Average Number of Outstanding Shares entitled to Dividends (thousands) 325,052 325,282 358,899Earnings per Share (Cents) 366 346 28428. ANALYSIS OF BALANCES OF CASH AND CASH EQUIVALENTSGROUPBANK2005 2004 2003 2005 2004 2003MRs'000 MRs'000 MRs'000 MRs'000 MRs'000 MRs'000Cash and Balances with Central Banks 1,894,720 2,040,409 1,924,269 1,672,411 2,012,529 1,844,978Balances with Banks 6,378,422 2,090,179 2,364,703 6,360,702 1,788,798 2,101,587578,273,142 4,130,588 4,288,972 8,033,113 3,801,327 3,946,565Borrowings from Banks maturing within 3 Months (2,765,600) (1,813,022) (2,347,247) (2,760,148) (1,812,732) (2,347,247)5,507,542 2,317,566 1,941,725 5,272,965 1,988,595 1,599,318