Annual REPORT

ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
BANK STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2015
Share Share
Revaluation
Fair Value Retained Statutory
capital premium surplus Reserve earnings reserve Total
Sh’000 Sh’000 Sh’000 Sh’000 Sh’000 Sh’000 Sh’000
At 1 January 2014 1,114,046 2,100,251 81,089 - 2,416,765 256,145 5,968,296
Total comprehensive income for
the year - - - 1,780,602 - 1,780,602
New shares issued 11,140 111,406 - - - - 122,546
Rights issue proceeds (Note 30) 120,000 2,880,000 - - - - 3,000,000
Rights issue costs (Note 30) - (27,981) - - - - (27,981)
Dividend paid 2013 - - - - (222,810) - (222,810)
Transfer to statutory reserve - - - - (101,358) 101,358 -
Transfer of excess depreciation - - (3,047) - 3,047 - -
Deferred tax on excess depreciation
- - 914
-
(914) - -
________ ________ _______ ______- ________ _______ _________
At 31 December 2014 1,245,186 5,063,676 78,956 - 3,875,332 357,503 10,620,653
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At 1 January 2015 1,245,186 5,063,676 78,956 - 3,875,332 357,503 10,620,653
Total comprehensive income for
the year - - (6,778) 1,936,658 - 1,929,880
Rights issue costs (Note 30) - (1,157) - - - (1,157)
Dividend paid – 2014 - - - (622,594) - (622,594)
Transfer to statutory reserve - - - (169,981) 169,981 -
Transfer of excess depreciation - - (3,047) 3,047 - -
Deferred tax on excess depreciation
- - 914 (914) - -
________ _________ _______ ________ ________ _______ _________
At 31 December 2015 1,245,186 5,062,519 76,823 (6,778) 5,021,548 527,484 11,926,782
======= ======== ====== ======= ======== ====== ========
*The new issue of shares relates to new shares issued to the chairman
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