| A | B | C | D | E | F | G | H | I | J | K | L | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
1
|
||||||||||||||||||
|
2
|
2019 | 2018 | 2017 | |||||||||||||||
|
3
|
Segment A | Segment B | Total | Segment A | Segment B | Total | Segment A | Segment B | Total | |||||||||
|
4
|
Notes | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | ||||||||
|
5
|
Interest income | I | 996,029 | 2,173,018 | 3,169,047 | 943,300 | 1,462,256 | 2,405,556 | 913,765 | 1,007,502 | 1,921,267 | |||||||
|
6
|
Interest expense | I | (484,612) | (373,662) | (858,274) | (463,024) | (232,541) | (695,565) | (479,988) | (229,367) | (709,355) | |||||||
|
7
|
Net interest income | 511,417 | 1,799,356 | 2,310,773 | 480,276 | 1,229,715 | 1,709,991 | 433,777 | 778,135 | 1,211,912 | ||||||||
|
8
|
Fee and commission income | II | 168,541 | 549,610 | 718,151 | 150,478 | 498,849 | 649,327 | 105,872 | 430,166 | 536,038 | |||||||
|
9
|
Fee and commission expense | II | (41,457) | (249,922) | (291,379) | (65,656) | (240,746) | (306,402) | (74,123) | (165,443) | (239,566) | |||||||
|
10
|
Net fee and commission income | 127,084 | 299,688 | 426,772 | 84,822 | 258,103 | 342,925 | 31,749 | 264,723 | 296,472 | ||||||||
|
11
|
Net gain from derecognition of financial assets measured at amortised cost | III | - | 23,927 | 23,927 | - | - | - | - | - | - | |||||||
|
12
|
Net trading income | IV (a) | 177,652 | 51,210 | 228,862 | 110,802 | 31,320 | 142,122 | 143,870 | 44,624 | 188,494 | |||||||
|
13
|
Net gain from derecognition of financial assets measured at fair value through other comprehensive income | IV (b) | 98 | - | 98 | 34,582 | - | 34,582 | 9,624 | - | 9,624 | |||||||
|
14
|
Net gain from foreign exchange and derivatives | IV (c) | 336,868 | 351,073 | 687,941 | 106,916 | 533,147 | 640,063 | 104,958 | 382,945 | 487,903 | |||||||
|
15
|
Other operating income | IV (d) | 9,097 | 6,021 | 15,118 | 22,114 | 10,863 | 32,977 | 4,526 | 13,453 | 17,979 | |||||||
|
16
|
Total operating income | 1,162,216 | 2,531,275 | 3,693,491 | 839,512 | 2,063,148 | 2,902,660 | 728,504 | 1,483,880 | 2,212,384 | ||||||||
|
17
|
Net impairment loss on financial assets | V | (14,085) | (454,295) | (468,380) | (322,262) | (745,319) | (1,067,581) | (116,516) | (464,033) | (580,549) | |||||||
|
18
|
Net operating income | 1,148,131 | 2,076,980 | 3,225,111 | 517,250 | 1,317,829 | 1,835,079 | 611,988 | 1,019,847 | 1,631,835 | ||||||||
|
19
|
Personnel expenses | (199,350) | (446,946) | (646,296) | (149,485) | (380,179) | (529,664) | (147,987) | (288,371) | (436,358) | ||||||||
|
20
|
Depreciation of property and equipment | (11,442) | (24,919) | (36,361) | (9,942) | (24,428) | (34,370) | (8,434) | (15,657) | (24,091) | ||||||||
|
21
|
Amortisation of intangible assets | (12,141) | (26,445) | (38,586) | (7,811) | (19,194) | (27,005) | (4,485) | (8,325) | (12,810) | ||||||||
|
22
|
Other operating expenses | (165,593) | (221,710) | (387,303) | (97,283) | (239,079) | (336,362) | (83,639) | (155,263) | (238,902) | ||||||||
|
23
|
Total operating expenses | (388,526) | (720,020) | (1,108,546) | (264,521) | (662,880) | (927,401) | (244,545) | (467,616) | (712,161) | ||||||||
|
24
|
Operating profit | 759,605 | 1,356,960 | 2,116,565 | 252,729 | 654,949 | 907,678 | 367,443 | 552,231 | 919,674 | ||||||||
|
25
|
Impairment loss on subsidiary | (189,563) | - | (189,563) | - | - | - | - | - | - | ||||||||
|
26
|
Impairment on receivable from subsidary | (103,000) | - | (103,000) | - | - | - | - | - | - | ||||||||
|
27
|
Profit before tax | 467,042 | 1,356,960 | 1,824,002 | 252,729 | 654,949 | 907,678 | 367,443 | 552,231 | 919,674 | ||||||||
|
28
|
Tax expense | (220,003) | (19,216) | (239,219) | (83,833) | (57,391) | (141,224) | (108,963) | 6,287 | (102,676) | ||||||||
|
29
|
Profit for the year | 247,039 | 1,337,744 | 1,584,783 | 168,896 | 597,558 | 766,454 | 258,480 | 558,518 | 816,998 | ||||||||
|
30
|
Other comprehensive income | |||||||||||||||||
|
31
|
Other comprehensive income that may be subsequently reclassified to profit or loss: | |||||||||||||||||
|
32
|
Net gain/(loss) on available-for-sale investments | - | - | - | (8,548) | 19,270 | 10,722 | (12,259) | - | (12,259) | ||||||||
|
33
|
Movement in investment revaluation reserve for debt instrument measured at fair value through other comprehensive income: | |||||||||||||||||
|
34
|
- gains arising during the year | 2,468 | 106 | 2,574 | - | - | - | - | - | - | ||||||||
|
35
|
- reclassification of losses included in profit or loss on derecognition | (98) | - | (98) | - | - | - | - | - | - | ||||||||
|
36
|
Gain on equity instruments designated at fair value through other comprehensive income | 1,122 | - | 1,122 | - | - | - | - | - | - | ||||||||
|
37
|
3,492 | 106 | 3,598 | (8,548) | 19,270 | 10,722 | (12,259) | - | (12,259) | |||||||||
|
38
|
Other comprehensive income that will not be reclassified to profit or loss: | |||||||||||||||||
|
39
|
Remeasurement of retirement benefits obligation | (2,916) | (6,353) | (9,269) | (3,358) | (8,253) | (11,611) | - | - | - | ||||||||
|
40
|
Deferred tax of remeasurement on retirement benefits obligation | 120 | 261 | 381 | 237 | 582 | 819 | - | - | - | ||||||||
|
41
|
(2,796) | (6,092) | (8,888) | (3,121) | (7,671) | (10,792) | - | - | - | |||||||||
|
42
|
Other comprehensive gain/(loss) for the year | 696 | (5,986) | (5,290) | (11,669) | 11,599 | (70) | (12,259) | - | (12,259) | ||||||||
|
43
|
Total comprehensive income for the year attributable to equity holders of the parent | 247,735 | 1,331,758 | 1,579,493 | 157,227 | 609,157 | 766,384 | 246,221 | 558,518 | 804,739 | ||||||||
| A | B | C | D | E | F | G | H | I | J | K | L | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
1
|
||||||||||||
|
2
|
2019 | 2018 | 2017 | |||||||||
|
3
|
Segment A | Segment B | Total | Segment A | Segment B | Total | Segment A | Segment B | Total | |||
|
4
|
Notes | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | ||
|
5
|
Interest income | I | 996,029 | 2,173,018 | 3,169,047 | 943,300 | 1,462,256 | 2,405,556 | 913,765 | 1,007,502 | 1,921,267 | |
|
6
|
Interest expense | I | (484,612) | (373,662) | (858,274) | (463,024) | (232,541) | (695,565) | (479,988) | (229,367) | (709,355) | |
|
7
|
Net interest income | 511,417 | 1,799,356 | 2,310,773 | 480,276 | 1,229,715 | 1,709,991 | 433,777 | 778,135 | 1,211,912 | ||
|
8
|
Fee and commission income | II | 168,541 | 549,610 | 718,151 | 150,478 | 498,849 | 649,327 | 105,872 | 430,166 | 536,038 | |
|
9
|
Fee and commission expense | II | (41,457) | (249,922) | (291,379) | (65,656) | (240,746) | (306,402) | (74,123) | (165,443) | (239,566) | |
|
10
|
Net fee and commission income | 127,084 | 299,688 | 426,772 | 84,822 | 258,103 | 342,925 | 31,749 | 264,723 | 296,472 | ||
|
11
|
Net gain from derecognition of financial assets measured at amortised cost | III | - | 23,927 | 23,927 | - | - | - | - | - | - | |
|
12
|
Net trading income | IV (a) | 177,652 | 51,210 | 228,862 | 110,802 | 31,320 | 142,122 | 143,870 | 44,624 | 188,494 | |
|
13
|
Net gain from derecognition of financial assets measured at fair value through other comprehensive income | IV (b) | 98 | - | 98 | 34,582 | - | 34,582 | 9,624 | - | 9,624 | |
|
14
|
Net gain from foreign exchange and derivatives | IV (c) | 336,868 | 351,073 | 687,941 | 106,916 | 533,147 | 640,063 | 104,958 | 382,945 | 487,903 | |
|
15
|
Other operating income | IV (d) | 9,097 | 6,021 | 15,118 | 22,114 | 10,863 | 32,977 | 4,526 | 13,453 | 17,979 | |
|
16
|
Total operating income | 1,162,216 | 2,531,275 | 3,693,491 | 839,512 | 2,063,148 | 2,902,660 | 728,504 | 1,483,880 | 2,212,384 | ||
|
17
|
Net impairment loss on financial assets | V | (14,085) | (454,295) | (468,380) | (322,262) | (745,319) | (1,067,581) | (116,516) | (464,033) | (580,549) | |
|
18
|
Net operating income | 1,148,131 | 2,076,980 | 3,225,111 | 517,250 | 1,317,829 | 1,835,079 | 611,988 | 1,019,847 | 1,631,835 | ||
|
19
|
Personnel expenses | (199,350) | (446,946) | (646,296) | (149,485) | (380,179) | (529,664) | (147,987) | (288,371) | (436,358) | ||
|
20
|
Depreciation of property and equipment | (11,442) | (24,919) | (36,361) | (9,942) | (24,428) | (34,370) | (8,434) | (15,657) | (24,091) | ||
|
21
|
Amortisation of intangible assets | (12,141) | (26,445) | (38,586) | (7,811) | (19,194) | (27,005) | (4,485) | (8,325) | (12,810) | ||
|
22
|
Other operating expenses | (165,593) | (221,710) | (387,303) | (97,283) | (239,079) | (336,362) | (83,639) | (155,263) | (238,902) | ||
|
23
|
Total operating expenses | (388,526) | (720,020) | (1,108,546) | (264,521) | (662,880) | (927,401) | (244,545) | (467,616) | (712,161) | ||
|
24
|
Operating profit | 759,605 | 1,356,960 | 2,116,565 | 252,729 | 654,949 | 907,678 | 367,443 | 552,231 | 919,674 | ||
|
25
|
Impairment loss on subsidiary | (189,563) | - | (189,563) | - | - | - | - | - | - | ||
|
26
|
Impairment on receivable from subsidary | (103,000) | - | (103,000) | - | - | - | - | - | - | ||
|
27
|
Profit before tax | 467,042 | 1,356,960 | 1,824,002 | 252,729 | 654,949 | 907,678 | 367,443 | 552,231 | 919,674 | ||
|
28
|
Tax expense | (220,003) | (19,216) | (239,219) | (83,833) | (57,391) | (141,224) | (108,963) | 6,287 | (102,676) | ||
|
29
|
Profit for the year | 247,039 | 1,337,744 | 1,584,783 | 168,896 | 597,558 | 766,454 | 258,480 | 558,518 | 816,998 | ||
|
30
|
Other comprehensive income | |||||||||||
|
31
|
Other comprehensive income that may be subsequently reclassified to profit or loss: | |||||||||||
|
32
|
Net gain/(loss) on available-for-sale investments | - | - | - | (8,548) | 19,270 | 10,722 | (12,259) | - | (12,259) | ||
|
33
|
Movement in investment revaluation reserve for debt instrument measured at fair value through other comprehensive income: | |||||||||||
|
34
|
- gains arising during the year | 2,468 | 106 | 2,574 | - | - | - | - | - | - | ||
|
35
|
- reclassification of losses included in profit or loss on derecognition | (98) | - | (98) | - | - | - | - | - | - | ||
|
36
|
Gain on equity instruments designated at fair value through other comprehensive income | 1,122 | - | 1,122 | - | - | - | - | - | - | ||
|
37
|
3,492 | 106 | 3,598 | (8,548) | 19,270 | 10,722 | (12,259) | - | (12,259) | |||
|
38
|
Other comprehensive income that will not be reclassified to profit or loss: | |||||||||||
|
39
|
Remeasurement of retirement benefits obligation | (2,916) | (6,353) | (9,269) | (3,358) | (8,253) | (11,611) | - | - | - | ||
|
40
|
Deferred tax of remeasurement on retirement benefits obligation | 120 | 261 | 381 | 237 | 582 | 819 | - | - | - | ||
|
41
|
(2,796) | (6,092) | (8,888) | (3,121) | (7,671) | (10,792) | - | - | - | |||
|
42
|
Other comprehensive gain/(loss) for the year | 696 | (5,986) | (5,290) | (11,669) | 11,599 | (70) | (12,259) | - | (12,259) | ||
|
43
|
Total comprehensive income for the year attributable to equity holders of the parent | 247,735 | 1,331,758 | 1,579,493 | 157,227 | 609,157 | 766,384 | 246,221 | 558,518 | 804,739 | ||
| A | B | C | D | E | F | G | H | I | J | K | L | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
1
|
||||||||||||
|
2
|
2019 | 2018 | 2017 | |||||||||
|
3
|
Segment A | Segment B | Total | Segment A | Segment B | Total | Segment A | Segment B | Total | |||
|
4
|
Notes | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | ||
|
5
|
Interest income | I | 996,029 | 2,173,018 | 3,169,047 | 943,300 | 1,462,256 | 2,405,556 | 913,765 | 1,007,502 | 1,921,267 | |
|
6
|
Interest expense | I | (484,612) | (373,662) | (858,274) | (463,024) | (232,541) | (695,565) | (479,988) | (229,367) | (709,355) | |
|
7
|
Net interest income | 511,417 | 1,799,356 | 2,310,773 | 480,276 | 1,229,715 | 1,709,991 | 433,777 | 778,135 | 1,211,912 | ||
|
8
|
Fee and commission income | II | 168,541 | 549,610 | 718,151 | 150,478 | 498,849 | 649,327 | 105,872 | 430,166 | 536,038 | |
|
9
|
Fee and commission expense | II | (41,457) | (249,922) | (291,379) | (65,656) | (240,746) | (306,402) | (74,123) | (165,443) | (239,566) | |
|
10
|
Net fee and commission income | 127,084 | 299,688 | 426,772 | 84,822 | 258,103 | 342,925 | 31,749 | 264,723 | 296,472 | ||
|
11
|
Net gain from derecognition of financial assets measured at amortised cost | III | - | 23,927 | 23,927 | - | - | - | - | - | - | |
|
12
|
Net trading income | IV (a) | 177,652 | 51,210 | 228,862 | 110,802 | 31,320 | 142,122 | 143,870 | 44,624 | 188,494 | |
|
13
|
Net gain from derecognition of financial assets measured at fair value through other comprehensive income | IV (b) | 98 | - | 98 | 34,582 | - | 34,582 | 9,624 | - | 9,624 | |
|
14
|
Net gain from foreign exchange and derivatives | IV (c) | 336,868 | 351,073 | 687,941 | 106,916 | 533,147 | 640,063 | 104,958 | 382,945 | 487,903 | |
|
15
|
Other operating income | IV (d) | 9,097 | 6,021 | 15,118 | 22,114 | 10,863 | 32,977 | 4,526 | 13,453 | 17,979 | |
|
16
|
Total operating income | 1,162,216 | 2,531,275 | 3,693,491 | 839,512 | 2,063,148 | 2,902,660 | 728,504 | 1,483,880 | 2,212,384 | ||
|
17
|
Net impairment loss on financial assets | V | (14,085) | (454,295) | (468,380) | (322,262) | (745,319) | (1,067,581) | (116,516) | (464,033) | (580,549) | |
|
18
|
Net operating income | 1,148,131 | 2,076,980 | 3,225,111 | 517,250 | 1,317,829 | 1,835,079 | 611,988 | 1,019,847 | 1,631,835 | ||
|
19
|
Personnel expenses | (199,350) | (446,946) | (646,296) | (149,485) | (380,179) | (529,664) | (147,987) | (288,371) | (436,358) | ||
|
20
|
Depreciation of property and equipment | (11,442) | (24,919) | (36,361) | (9,942) | (24,428) | (34,370) | (8,434) | (15,657) | (24,091) | ||
|
21
|
Amortisation of intangible assets | (12,141) | (26,445) | (38,586) | (7,811) | (19,194) | (27,005) | (4,485) | (8,325) | (12,810) | ||
|
22
|
Other operating expenses | (165,593) | (221,710) | (387,303) | (97,283) | (239,079) | (336,362) | (83,639) | (155,263) | (238,902) | ||
|
23
|
Total operating expenses | (388,526) | (720,020) | (1,108,546) | (264,521) | (662,880) | (927,401) | (244,545) | (467,616) | (712,161) | ||
|
24
|
Operating profit | 759,605 | 1,356,960 | 2,116,565 | 252,729 | 654,949 | 907,678 | 367,443 | 552,231 | 919,674 | ||
|
25
|
Impairment loss on subsidiary | (189,563) | - | (189,563) | - | - | - | - | - | - | ||
|
26
|
Impairment on receivable from subsidary | (103,000) | - | (103,000) | - | - | - | - | - | - | ||
|
27
|
Profit before tax | 467,042 | 1,356,960 | 1,824,002 | 252,729 | 654,949 | 907,678 | 367,443 | 552,231 | 919,674 | ||
|
28
|
Tax expense | (220,003) | (19,216) | (239,219) | (83,833) | (57,391) | (141,224) | (108,963) | 6,287 | (102,676) | ||
|
29
|
Profit for the year | 247,039 | 1,337,744 | 1,584,783 | 168,896 | 597,558 | 766,454 | 258,480 | 558,518 | 816,998 | ||
|
30
|
Other comprehensive income | |||||||||||
|
31
|
Other comprehensive income that may be subsequently reclassified to profit or loss: | |||||||||||
|
32
|
Net gain/(loss) on available-for-sale investments | - | - | - | (8,548) | 19,270 | 10,722 | (12,259) | - | (12,259) | ||
|
33
|
Movement in investment revaluation reserve for debt instrument measured at fair value through other comprehensive income: | |||||||||||
|
34
|
- gains arising during the year | 2,468 | 106 | 2,574 | - | - | - | - | - | - | ||
|
35
|
- reclassification of losses included in profit or loss on derecognition | (98) | - | (98) | - | - | - | - | - | - | ||
|
36
|
Gain on equity instruments designated at fair value through other comprehensive income | 1,122 | - | 1,122 | - | - | - | - | - | - | ||
|
37
|
3,492 | 106 | 3,598 | (8,548) | 19,270 | 10,722 | (12,259) | - | (12,259) | |||
|
38
|
Other comprehensive income that will not be reclassified to profit or loss: | |||||||||||
|
39
|
Remeasurement of retirement benefits obligation | (2,916) | (6,353) | (9,269) | (3,358) | (8,253) | (11,611) | - | - | - | ||
|
40
|
Deferred tax of remeasurement on retirement benefits obligation | 120 | 261 | 381 | 237 | 582 | 819 | - | - | - | ||
|
41
|
(2,796) | (6,092) | (8,888) | (3,121) | (7,671) | (10,792) | - | - | - | |||
|
42
|
Other comprehensive gain/(loss) for the year | 696 | (5,986) | (5,290) | (11,669) | 11,599 | (70) | (12,259) | - | (12,259) | ||
|
43
|
Total comprehensive income for the year attributable to equity holders of the parent | 247,735 | 1,331,758 | 1,579,493 | 157,227 | 609,157 | 766,384 | 246,221 | 558,518 | 804,739 | ||