| At 29 February 2008 |
|
|
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|
|
| |
|
|
|
|
|
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| |
|
|
|
Change |
|
|
Operations |
|
2008 |
2007 |
08/07 |
2006 |
2005 |
| Profitability |
|
|
|
|
|
|
| Income from operations |
Rm |
1 095 |
857 |
28% |
672 |
491 |
| Operating expenses |
Rm |
-771 |
-614 |
26% |
-506 |
-392 |
| Tax |
Rm |
-95 |
-76 |
25% |
-51 |
-32 |
| Preference dividend |
Rm |
-17 |
-8 |
123% |
– |
– |
| Earnings attributable to ordinary |
|
|
|
|
|
|
| shareholders |
|
|
|
|
|
|
| • Basic |
Rm |
212 |
159 |
33% |
115 |
67 |
| • Headline |
Rm |
212 |
160 |
32% |
116 |
70 |
| Cost-to-income ratio – banking activities |
% |
58 |
60 |
-3% |
66 |
74 |
| Return on ordinary shareholders’ equity |
% |
22 |
26 |
-17% |
23 |
16 |
| Earnings per share |
|
|
|
|
|
|
| • Attributable |
Cents |
258.8 |
220.9 |
17% |
163.4 |
97.9 |
| • Headline |
Cents |
259 |
222.4 |
16% |
165 |
100.9 |
| • Diluted attributable |
Cents |
250.3 |
209.5 |
20% |
154.7 |
91.7 |
| • Diluted headline |
Cents |
250.5 |
210.9 |
19% |
156.2 |
94.5 |
| Dividends per share |
|
|
|
|
|
|
| • Interim |
Cents |
25 |
20 |
25% |
– |
– |
| • Proposed final |
Cents |
75 |
60 |
25% |
45 |
30 |
| Dividend cover Assets |
x |
2.6 |
2.8 |
-7% |
3.7 |
3.4 |
| |
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
| Total assets |
Rm |
2 936 |
2 191 |
34% |
1 251 |
805 |
| Net loans and advances |
Rm |
2 019 |
803 |
151% |
455 |
208 |
| Cash and cash equivalents |
Rm |
618 |
1 044 |
-41% |
582 |
363 |
| Investments |
Rm |
14 |
112 |
-87% |
7 |
17 |
| Other |
Rm |
285 |
232 |
23% |
207 |
217 |
| |
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
| Total liabilities |
Rm |
1 719 |
1 074 |
60% |
687 |
332 |
| Deposits |
Rm |
1 528 |
897 |
71% |
595 |
281 |
| Other |
Rm |
191 |
177 |
7% |
92 |
51 |
| |
|
|
|
|
|
|
Equity |
|
|
|
|
|
|
| Shareholders’ funds |
Rm |
1 217 |
1 117 |
9% |
564 |
473 |
| Capital adequacy ratio |
% |
36 |
79 |
-54% |
56 |
84 |
| Net asset value per ordinary share |
Cents |
1 297 |
1 175 |
10% |
784 |
672 |
| Share price |
Cents |
3 900 |
3 700 |
5% |
3 105 |
1 490 |
| Market capitalisation |
Rm |
3 195 |
3 031 |
5% |
2 233 |
1 072 |
| Share options |
|
|
|
|
|
|
| • Number outstanding |
’000 |
5 159 |
6 191 |
-17% |
5 841 |
6 753 |
| • Average strike price |
Cents |
1 815 |
1 151 |
58% |
648 |
271 |
| • Average time to maturity |
Months |
24 |
24 |
– |
28 |
25 |
| • Charge on settlement Operations |
Rm |
48 |
22 |
118% |
31 |
16 |
| |
|
|
|
|
|
|
Operations |
|
|
|
|
|
|
| Branches |
|
331 |
280 |
18% |
253 |
251 |
| Employees |
|
2 800 |
2 129 |
32% |
1 901 |
1 708 |
| Active clients |
’000 |
1 371 |
1 010 |
36% |
706 |
513 |
| Own ATMs |
|
328 |
264 |
24% |
210 |
180 |
| Partnership ATMs |
|
437 |
143 |
206% |
– |
– |
| Mobile banking units |
|
86 |
53 |
62% |
– |
– |
| Capital expenditure Sales |
Rm |
117 |
86 |
36% |
72 |
84 |
| |
|
|
|
|
|
|
Sales |
|
|
|
|
|
|
| Loans |
|
|
|
|
|
|
| • Value of loans advanced |
Rm |
5 162 |
3 449 |
50% |
2 863 |
2 259 |
| • Number of loans advanced |
’000 |
3 155 |
2 924 |
8% |
2 650 |
2 486 |
| • Average loan amount |
R |
1 636 |
1 180 |
39% |
1 080 |
909 |
| • Loan revenue |
Rm |
1 284 |
1 001 |
28% |
768 |
534 |
| • Net loan impairment expense |
Rm |
231 |
161 |
43% |
96 |
39 |
| • Net impairment to repayments |
% |
5.1 |
4.12 |
24% |
2.85 |
1.45 |
| Deposits |
|
|
|
|
|
|
| • Value of savings deposits |
Rm |
842 |
554 |
52% |
314 |
74 |
| • Number of savings clients |
’000 |
783 |
583 |
34% |
375 |
143 |
| • Net transaction fee Income |
Rm |
79 |
35 |
128% |
15 |
4 |
