Notes:

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Return on Average Shareholders’ Equity is the ratio of the Net profit for the year to the Average Shareholders’ Equity (sum of quarterly average
of Capital & Reserves and Surplus).

Return on Total Average Assets is the ratio of the Net profit for the year to the Total Average Assets.

Dividend Payout Ratio is the ratio of dividend to adjusted net profit (after dividend tax). Our Bank did not declare / payout any dividend in
Fiscal 2018, 2019 and 2020.

Average Shareholders’ Equity to Total Average Assets is computed by dividing the sum of Average Balance of Capital & Average Balance of
Reserves and Surplus by the Total Average Assets.

Credit to Deposit Ratio is computed by dividing Advances excluding advances to banks by Deposits excluding deposits from banks,

CASA Ratio is the ratio of the sum of Demand Deposits and Savings Bank Deposits to total deposits.

Cost to Income Ratio is calculated as a ratio of operating expenses divided by net operating income (net operating income is sum of net interest
income and other income).

Dividend payout ratio is not applicable as we did not declare any dividend on our Equity Shares.

Return on Equity and Assets

The following table presents selected financial ratios for our Bank for Fiscal 2018, 2019 and 2020 and for the nine months
ended December 31, 2019 and 2020:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31,
2019 2020
(Z million, except percentages)
i. Net profit for the year 1,266.78 548.66
ii, Average Shareholders’ Equity 9,583.37 11,575.78
iii, Total Average Assets 41,910.40 59,160.54
iv. Net profit as a percentage of Total Average Assets (W/iii) * 4.03%* 1.24%*
[3.02%] [0.93%]
v. Net profit as a percentage of Average Shareholders” Equity (ii) ~ 17.62%* 6.32%*
[13.22%] [4.74%]
vi. A igs shareholders” equity as a percentage of Total Average Assets Bene 9 e5%
vii. Gross Loan Portfolio 35,998.54 39,082.29
viii. Advances 33,609.03 37,822.63
ix. Net profit as a percentage of Gross Loan Portfolio” 4.69%* 1.87%*
[3.52%] [1.40%]
x. Net profit as a percentage of advances” 5.03%* 1,93%*
[3.77%] [1.45%]
*Annualized. Figures in square brackets represent unannualized figures
Notes:
(1) Average Shareholders’ Equity represents the sum of quarterly average of capital and reserves and surplus.
Fiscal
2018 2019 2020
@ million, except percentages)
i. Net profit for the year 114.92 903.98 1,111.98
ii, Average Shareholders’ Equity, 5,114.55 6,120.30 9,864.46
iii. Total Average Assets 17,127.99 28,476.37 43,874.88
iv._Net profit as a percentage of Total Average Assets (W/ili) 0.67% 3.17% 2.53%
v. Net profit as a percentage of Average Shareholders’ Equity 2.25% 14.77% 11.27%
(ii)
vi. Average shareholders’ equity as a percentage of Total Average 29.86% 21.49% 22.48%
Assets (ii/iii)
vii. Gross Loan Portfolio 17,177.84 29,704.42 37,108.42
viii. Advances 15,686.78 26,795.84 35,319.44
ix. Net profit as a percentage of Gross Loan Portfolio 0.67% 3.04% 3.00%
x._Net profit as a percentage of advances 0.73% 3.37% 3.15%
Notes:
(1) Average Shareholders’ Equity represents the sum of quarterly average of capital and reserves and surplus.
Funding
Deposits

Our Bank’s funding operations are designed to ensure stability and effective liquidity management. Our Bank’s primary
sources of funds are deposits from retail customers. Retail term deposits raised were 33.92%, 35.67%, 48.55%, 45.30%
and 68.16% of total term deposits as of March 31, 2018, 2019 and 2020 and as of December 31, 2019 and 2020,

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