|
Balance Sheet Account as at 28 February, 2008
| ASSETS
|
2008 |
2007 |
|
|
N'000 |
N'000 |
|
Cash and Bank Balances |
1,222,054 |
935,986 |
|
Loans and Advances |
6,354,324 |
2,141,333 |
|
Advances Under Finance Lease |
77,891 |
272,587 |
|
Investment Securities |
429,384 |
70,162 |
|
Other Assets |
381,464 |
70,162 |
|
Fixed Assets |
33,367 |
11,601 |
|
Deffered Income Tax Assets |
27,093 |
- |
| TOTAL ASSETS
|
8,525,577 |
3,486,859 |
|
|
|
|
| LIABILITIES
|
|
|
|
Borrowings |
3,919 |
113,252 |
|
Managed Funds |
7,610,230 |
2,848,669 |
|
Other Liabilities |
382,081 |
355,672 |
|
Current Income Tax |
163,810 |
43,222 |
|
Deffered Income Tax |
- |
1,124 |
| TOTAL LIABILITIES
|
8,160,040 |
3,361,939 |
|
|
|
|
| SHAREHOLDERS EQUITY
|
|
|
|
Share Capital |
20,000 |
20,000 |
|
Retained Earnings |
345,537 |
104,920 |
| TOTAL SHAREHOLDER'S EQUITY
|
365,537 |
124,920 |
|
|
|
|
| TOTAL EQUITY AND LIABILITIES
|
8,525,577 |
3,486,859 |
|