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)2003 ConsolidationBanking Leasing Others Adjustments GroupMRs' 000 MRs' 000 MRs' 000 MRs' 000 MRs' 000External Gross Income 3,515,284 117,350 35,704 - 3,668,338Gross Income from Other Segments 19,702) 60,521) 14,297) (94,520) -)Total Gross Income 3,534,986) 177,871) 50,001) (94,520) 3,668,338)Interest Expense and Non-Interest Expenses (2,360,211) (133,790) (7,695) 94,520) (2,407,176)Profit before Provisions for Credit Losses 1,174,775 44,081 42,306 - 1,261,162Provisions and Adjustments to Income for Credit Losses (139,109) (4,508) -) -) (143,617)Profit after Provisions for Credit Losses 1,035,666 39,573 42,306 - 1,117,545Share of Profit of Associates 68,868Net Income before Income Taxes 1,186,413Provision for Income Taxes (165,614)Net Income after Income Taxes 1,020,799Minority Interest (2,582)Net Income available to Shareholders 1,018,217Segment Assets 37,544,540) 1,550,659) 751,136) (1,996,544) 37,849,791)Investments in Associates 568,311Total Assets 38,418,10272Segment Liabilities 32,771,378) 1,544,108) 747,656) (2,024,737) 33,038,405)Unallocated Liabilities 212,612Minority Interest 28,193Shareholders’ Equity 5,138,892Total Liabilities and Shareholders’ Equity 38,418,102Capital Expenditure 416,576 - 155 - 416,731Depreciation 200,982 788 151 - 201,921