| |
Preliminary
report and dividend announcement
audited results for 15 months ended 31 December 1999 |
 |
| FINANCIAL
AND STATISTICAL HIGHLIGHTS |
|
|
|
|
|
|
|
| |
|
1998/99 |
1997/98 |
|
|
|
| |
|
15
months |
15
months |
|
% |
|
| |
|
|
pro
forma |
|
increase |
|
|
| Shareholders’
funds |
(N$’000) |
122
659 |
87
957 |
|
39,5 |
|
| Total
assets |
(N$’000) |
1
712 201 |
1
560 647 |
|
9,7 |
|
| Net
income before risk provision |
| and
taxation |
(N$’000) |
72
584 |
62
756 |
|
15,7 |
|
| Net
income before taxation |
(N$’000) |
56
708 |
41
317 |
|
37,3 |
|
| Net
income after taxation |
(N$’000) |
44
316 |
26
736 |
|
65,8 |
|
| Dividend
– normal |
(N$’000) |
9
614 |
5
609 |
|
71,4 |
|
| |
|
|
|
|
|
|
| Return
on average shareholders’ funds |
(%) |
33,7 |
25,9 |
|
|
|
| Return
on average total assets |
(%) |
2,2 |
1,3 |
|
|
|
| Expenses
to total income |
(%) |
53,5 |
53,6 |
|
|
|
| Capital
adequacy |
(%) |
14,6 |
11,0 |
|
|
|
| Net
asset value per share |
(cents) |
191,4 |
137,2 |
|
|
|
| Earnings
per share |
(cents) |
69,1 |
41,7 |
|
|
|
| Dividends
per share |
(cents) |
15,0 |
8,8 |
|
|
|
| Dividend
cover |
(times) |
4,6 |
4,6 |
|
|
|
| Number
of employees |
|
364 |
338 |
|
|
|
| |
|
|
|
|
|
|
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|