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PROFIT
AND LOSS ACCOUNTS
For the year ended 29 February, 2008 |
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Finacial Statement for the Year ended 29 February,
2008
|
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|
2007 |
|
| |
|
N'000 |
N'000 |
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Net Interest Income |
1,252,727 |
415,164 |
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| |
Fees and commission |
1,999,685 |
919,153 |
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Operating Income |
3,252,412 |
1,334,317 |
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| |
Administrative Costs |
(796,089) |
(398,998) |
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| |
Other Operating Costs |
(801,757) |
(329,269) |
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| |
Profit before tax |
1,654,566 |
606,050 |
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Income tax expense
|
(181,925) |
(147,997) |
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Profit for the year |
1,472,641 |
458,053 |
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Interim dividend paid during the year |
197,235 |
- |
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Earnings per share (kobo) |
463 |
144 |
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