UBA IFRS Financial Statements 30 Sept 2012.xlsx - The Nigerian ...
UBA IFRS Financial Statements 30 Sept 2012.xlsx - The Nigerian ...
UBA IFRS Financial Statements 30 Sept 2012.xlsx - The Nigerian ...
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5 Net trading income<br />
In millions of <strong>Nigerian</strong> Naira<br />
Fixed income securities 475<br />
Equities 146<br />
Foreign<br />
Foreign<br />
exchange<br />
exchange<br />
trading<br />
gain 12,010<br />
-<br />
12,631<br />
6 Other operating income<br />
In millions of <strong>Nigerian</strong> Naira<br />
Dividends on available-for-sale equity securities 754<br />
Rental income 371<br />
Others 3,174<br />
7 Impairment loss on financial assets<br />
In millions of <strong>Nigerian</strong> Naira<br />
Impairment losses on loans and advances:<br />
United Bank for Africa Plc<br />
Un-audited Results<br />
Group Bank Group Bank Group Bank<br />
9 months to 9 months to 12 months to<br />
421<br />
-<br />
7,437<br />
-<br />
7,858<br />
420<br />
234<br />
6,071<br />
6,725<br />
399<br />
-<br />
2,079<br />
2,478<br />
103<br />
(106)<br />
11,860<br />
-<br />
11,857<br />
103<br />
-<br />
5,895<br />
-<br />
5,998<br />
Group Bank Group Bank Group Bank<br />
9 months to 9 months to 12 months to<br />
4,299<br />
- specific impairment charge (4,700)<br />
-portfolio impairment<br />
Recoveries/specific impairment (no longer required)<br />
(3,884)<br />
on loans and advances 9,881<br />
Write-offs on loans and advances (3,664)<br />
Recoveries on other investment -<br />
Impairment loss on other assets<br />
Impairment charges on available-for-sale investment<br />
200<br />
securities -<br />
8 Income tax expense<br />
Recognised in the profit or loss<br />
Sep. 2012 Sep. 2011 Dec. 2011<br />
Net trading income includes the gains and losses arising both on the purchase and sale of trading instruments and from changes in fair<br />
value.<br />
Sep. 2012 Sep. 2011 Dec. 2011<br />
(2,167)<br />
474<br />
353<br />
1,353<br />
2,180<br />
(3,676)<br />
(3,644)<br />
4,951<br />
(784)<br />
-<br />
<strong>30</strong>5<br />
-<br />
(2,848)<br />
625<br />
418<br />
1,935<br />
2,978<br />
(11,478)<br />
(12,251)<br />
11,954<br />
(5,256)<br />
-<br />
(128)<br />
-<br />
(17,159)<br />
548<br />
416<br />
607<br />
1,571<br />
(9,911)<br />
(11,593)<br />
10,504<br />
(5,393)<br />
-<br />
-<br />
-<br />
(16,393)<br />
576<br />
444<br />
8,918<br />
9,938<br />
(21,<strong>30</strong>8)<br />
4,190<br />
16,195<br />
(10,571)<br />
1,284<br />
(8<strong>30</strong>)<br />
(247)<br />
(11,287)<br />
407<br />
440<br />
1,916<br />
2,763<br />
(6,897)<br />
3,633<br />
8,045<br />
(10,571)<br />
1,011<br />
(672)<br />
(246)<br />
(5,697)<br />
In millions of <strong>Nigerian</strong> Naira Bank Group Bank<br />
Current tax expense<br />
3 months to 12 months to<br />
Current Adjustments year for prior year<br />
Deferred tax expense<br />
(2,742) (1,425) (2,038) (393) (2,876) (547)<br />
(Reversal)/origination of temporary differences (2,998) (3,017) - - 18,767 18,726<br />
Total income tax expense (5,740) (4,442) (2,038) (393) 15,891 18,179
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