Financial Statements

Consolidated statement of comprehensive income
for the period ended

    Reviewed   Reviewed   Audited  
    30 Jun   30 Jun   31 Dec  
Rm   2010   2009   2009  
Interest and similar income   22 173   27 680   50 537  
Interest expense and similar charges   14 091   19 495   34 231  
Net interest income   8 082   8 185   16 306  
Impairments charge on loans and advances   3 244   3 435   6 634  
Income from lending activities   4 838   4 750   9 672  
Non-interest revenue   6 158   5 377   11 906  
Operating income   10 996   10 127   21 578  
Total operating expenses   7 872   7 121   15 100  
  – Operating expenses   7 812   7 055   14 974  
  – BEE transaction expenses   60   66   126  
Indirect taxation   230   175   438  
Profit from operations before non-trading and capital items   2 894   2 831   6 040  
Non-trading and capital items   (6)   645   624  
  – Net (loss)/profit on sale of subsidiaries, investments, and property and equipment   (6)   647   635  
  – Net impairment of investments, property and equipment, and capitalised development costs       (2)   (11)  
               
Profit from operations   2 888   3 476   6 664  
Share of profits of associates and joint ventures       55   55  
Profit before direct taxation   2 888   3 531   6 719  
Total direct taxation   574   711   1 307  
  – Direct taxation   577   642   1 232  
  – Taxation on non-trading and capital items   (3)   69   75  
               
Profit for the period   2 314   2 820   5 412  
Other comprehensive expense net of taxation   (111)   (262)   (228)  
  – Exchange differences on translating foreign operations   (99)   (264)   (335)  
  – Fair-value adjustments on available-for-sale assets   (14)   2   21  
  – Gains on property revaluations   2       86  
               
Total comprehensive income for the period   2 203   2 558   5 184  
Profit attributable to:              
Equity holders of the parent   2 150   2 564   4 826  
Non-controlling interest – ordinary shareholders   33   70   242  
    – preference shareholders   131   186   344  
Profit for the period   2 314   2 820   5 412  
Total comprehensive income attributable to:              
Equity holders of the parent   2 036   2 307   4 603  
Non-controlling interest – ordinary shareholders   36   65   237  
    – preference shareholders   131   186   344  
Total comprehensive income for the period   2 203   2 558   5 184  
Basic earnings per share cents 488   619   1 140  
Diluted earnings per share cents 474   611   1 109