confidence - Investing In Africa

Financial StatementsNotes to the Accounts for the year ended 30 June 2005 (cont’d)33. SEGMENT INFORMATION (cont’d)(a) Primary reporting format - Business segments (Cont’d)2004 ConsolidationBanking Leasing Others Adjustments GroupMRs' 000 MRs' 000 MRs' 000 MRs' 000 MRs' 000External Gross Income 3,695,411 101,347 73,697 - 3,870,455Gross Income from Other Segments 1,665) 84,350) 13,647) (99,662) -)Total Gross Income 3,697,076) 185,697) 87,344) (99,662) 3,870,455)Interest Expense and Non-Interest Expenses (2,370,599) (131,687) (3,817) 99,662) (2,406,441)Profit before Provisions for Credit Losses 1,326,477 54,010 83,527 - 1,464,014Provisions and Adjustments to Income for Credit Losses (158,993) (5,408) -) -) (164,401)Profit after Provisions for Credit Losses 1,167,484 48,602 83,527 - 1,299,613Share of Profit of Associates 65,900Net Income before Income Taxes 1,365,513Provision for Income Taxes (235,341)Net Income after Income Taxes 1,130,172Minority Interest (3,652)Net Income available to Shareholders 1,126,520Segment Assets 41,031,483) 1,801,642) 622,994) (1,823,587) 41,632,532)Investments in Associates 625,189Total Assets 42,257,721Segment Liabilities 35,425,318) 1,793,511) 619,884) (1,842,050) 35,996,663)71Unallocated Liabilities 107,931Minority Interest 18,462Shareholders’ Equity 6,134,665Total Liabilities and Shareholders’ Equity 42,257,721Capital Expenditure 238,230 - - - 238,230Depreciation 193,667 83 117 - 193,867