AfrAsia Bank - Annual Report 2015

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AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 294
noteS to the finanCial StatementS
for the year ended 30 June 2015
43. SEGMENTAL REPORTING
The following table presents income and profit and certain asset and liability information regarding the Bank’s operating segments.
Year ended 30 June 2015
Year ended 30 June 2014
Year ended 30 June 2013
Segment A Segment B
Total
Segment A Segment B
Total
Segment A Segment B
Total
Notes
MUR
MUR
MUR
MUR
MUR
MUR
MUR
MUR
MUR
Interest income
I
913,802,768 695,350,032 1,609,152,800
839,320,302
514,037,220 1,353,357,522 692,779,816 293,834,348
986,614,164
Interest expense
II
(581,822,887) (166,740,827) (748,563,714)
(558,281,599) (136,056,888) (694,338,487) (494,437,182) (125,929,855) (620,367,037)
Net interest income
331,979,881 528,609,205 860,589,086
281,038,702 377,980,332 659,019,035 198,342,634
167,904,493
366,247,127
Fees and commission income
III
85,546,262 200,441,292 285,987,554
52,027,438 144,636,432 196,663,870
43,235,956 133,290,889 176,526,845
Fees and commission expense
III
(21,262,851) (51,505,450) (72,768,301)
(12,052,577)
(25,990,813) (38,043,390)
(15,542,817)
(5,187,644)
(20,730,461)
Net fees and commissionincome
III
64,283,411 148,935,842 213,219,253
39,974,861
118,645,619 158,620,480
27,693,139
128,103,245 155,796,384
Net trading income
IVa
142,459,120 328,622,564 471,081,684
160,219,339
85,595,841
245,815,180
70,398,931
62,054,860 132,453,791
Other operating income
IVb
46,265,584
55,597,596 101,863,180
100,251,080
12,853,350
113,104,430
5,199,960
4,136,736
9,336,696
Total operating income
584,987,996 1,061,765,207 1,646,753,203
581,483,983
595,075,142 1,176,559,125 301,634,664 362,199,334 663,833,998
(Net allowance for creditimpairment)/reversal ofimpairment charge
V
(63,220,403) (437,058,130) (500,278,533)
(7,342,449) (168,368,296) (175,710,745)
(884,075)
2,036,127
1,152,052
Net operating income
521,767,593 624,707,078 1,146,474,670
574,141,534 426,706,846 1,000,848,380 300,750,589 364,235,461 664,986,050
Personnel expenses
(131,356,696) (162,687,415) (294,044,111)
(166,055,163) (122,821,645) (288,876,808) (108,697,724) (88,934,501) (197,632,225)
Depreciation of equipment
(5,081,453)
(8,454,369) (13,535,822)
(3,173,982)
(3,703,662)
(6,877,644)
(4,694,856)
-
(4,694,856)
Amortisation of intangible assets
(3,277,098)
(5,452,337)
(8,729,435)
(3,056,714)
(3,566,823)
(6,623,537)
(5,714,166)
-
(5,714,166)
Other operating expenses
(102,889,882) (170,482,653) (273,372,535)
(80,436,588) (111,822,060) (192,258,648)
(50,473,629) (66,383,577) (116,857,206)
Total operating expenses
(242,605,129) (347,076,774) (589,681,903)
(252,722,447) (241,914,190) (494,636,637) (169,580,375) (155,318,078) (324,898,453)
Operating profit
279,162,464 277,630,304 556,792,767
321,419,087 184,792,656
506,211,743
131,170,214
208,917,383
340,087,597
Impairment loss on subsidiary
- (302,554,154) (302,554,154)
- (217,000,000) (217,000,000)
-
-
-
Profit before tax
279,162,464 (24,923,850) 254,238,613
321,419,087
(32,207,344) 289,211,743
131,170,214
208,917,383
340,087,597
Tax expense
(69,022,934) (10,184,361) (79,207,295)
(57,668,334)
(8,898,211) (66,566,545)
(29,182,861)
(8,308,814)
(37,491,675)
Profit for the year
210,139,530
(35,108,211) 175,031,318
263,750,753
(41,105,555) 222,645,198
101,987,353 200,608,569 302,595,922