Strength & Stability in Uncertain Times
Annual Report & Accounts 2009
Introduction
Group Financial Highlights
for the year ended March 31, 2009
Total assets
31.52% increase
N2,009.9 billion
2008: N1,528.2 billion
| 2005 | 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|---|
| N'bn | 470.8 | 616.8 | 911.4 | 1,528.2 | 2,009.9 |
Deposit liabilities
70.59% increase
N1,194.5 billion
2008: N700.2 billion
| 2005 | 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|---|
| N'bn | 332.2 | 448.9 | 599.7 | 700.2 | 1,194.5 |
Gross earnings
40.17% increase
N218.3 billion
2008: N155.7 billion
| 2005 | 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|---|
| N'bn | 57.3 | 67.4 | 91.2 | 155.7 | 218.3 |
Profit on ordinary activities before taxation
12.30% increase
N53.8 billion
2008: N47.9 billion
| 2005 | 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|---|
| N'bn | 16.8 | 21.8 | 25.9 | 47.9 | 53.8 |