Investor Presentaiton
CONFIDENTIAL
Summary of Historical Financials
29
BANK OF INDUSTRY
...transforming Nigeria's industrial sector
FY2018
FY2019
FY2020
FY2021
FY 2022
June 2023
FY2018
FY2019
FY2020
FY2021
FY 2022 June 2023
N millions
US$ millions
N: US$ FX Rate
305.6
306.4
356.4
411.75
447.00
763
Net Interest Income
51,274.0
55,845.0
82,789.0
117,965
129,904
67,474
167.8
182.3
232.3
286.5
290.61
88.43
Other Operating Income/
loss
3,148.0
7,251.7
-8,645.8
-13,497.0
-7,013
78,007
10.3
23.7
-24.3
-32.8
(15.69)
102.24
Income
Statement
Impairment Charges
5,155.0
3,984.0
-12,847.0
-9,095.2
-4,345
-18,404
16.9
13.0
-36.0
-22.1
(9.72)
-24.12
Operating Expenses
-27,039.0 -31,474.0 -27,815.0 -33,670.4
-45,880
22,988
-88.5
-102.7
-78.0
-81.8
(102.64)
30.13
Profit Before Tax
36,663.0
39,335.0
35,542.0 62,280.2
71,988
104,089
120.0
128.4
99.7
151.3
161.05
136.42
Loans and Advances
634,116.0 740,033.0 749,839.0 780,477.3 805,456
951,578
2,075.1
2,415.1
2,103.8
1,895.5
1,801.91
1247.15
Total Assets
1,069,045.0 1,040,185.0 1,863,753.0 1,712,020.6 2,376,023
3,296,486
3,498.4
3,394.6
5,229.0
4,157.9
5,315.49
4320.43
Balance
Sheet
Total Liabilities
810,806.0 747,097.0 1,527,270.0 1,327,174.3
1,946,195
2,656,862
2,653.4
2,438.2
4,284.9
3,223.3
4,353.90
3482.13
Total Equity
258,239.0 293,088.0 336,483.0 384,846.3
428,829
639,624
845.1
956.5
944.0
934.7
959.35
838.30
Non-Performing Loan
5.6%
4.6%
2.6%
3.38%
3.81%
2.08%
Capital Adequacy Ratio
54.4%
51.7%
48.2%
51.1%
47.67%
62.16%
Ratios
Liquidity Ratio
367.0%
199.0%
486.0%
443%
671%
408%
Return on Asset
3.6%
3.7%
2.2%
3.0%
2.55%
6.18%
| Private & Confidential
NB: June 2023 figures are auditedView entire presentation