Interim report for the nine months ended 30 June 1999
INCOME STATEMENT
		Unaudited	Unaudited	Audited
		Nine months	Nine months	Twelve months
	%	30/06/99	30/06/98	30/09/98
	change	N$’000	N$’000	N$’000
Interest income	13,3	185 766	163 965	228 288
Interest expense	14,5	(129 187)	(112 826)	(158 692)
Net interest income	10,6	56 579	51 139	69 596
Non-interest revenue	36,3	36 713	26 933	38 528
Total income	19,5	93 292	78 072	108 124
Specific and general risk provisions	4,5	(12 522)	(11 983)	(17 151)
Net income	22,2	80 770	66 089	90 973
Expenses	16,9	(48 617)	(41 599)	(57 919)
Net income before taxation	31,3	32 153	24 490	33 054
Taxation	46,6	(11 491)	(7 837)	(8 944)
Net income after taxation and
before deferred tax rate adjustment	24,1	20 662	16 653	24 110
Deferred tax rate adjustment		4 298	(3 401)	(3 401)
Net income after taxation	88,3	24 960	13 252	20 709