IBL Financial Overview
IBL: salient financial features
Key financial statistics
Total operating income before expected credit loss impairment charges (R'million)
Operating costs (R'million)
31 March 2021
31 March 2020
% change
12 049
12 603
(4.4%)
6469
6 632
2.5%
Operating profit before goodwill and acquired intangibles (R'million)
Headline earnings attributable to ordinary shareholders (R'million)
5 013
4 883
2.7%
4 133
3 844
7.5%
Cost to income ratio
Total capital resources (including subordinated liabilities) (R'million)
Total equity (R'million)
53.7%
52.6%
59 890
53 785
11.4%
46 954
41 748
12.5%
Total assets (R'million)
509 901
535 970
(4.9%)
Net core loans (R'million)
283 240
283 946
(0.2%)
Customer accounts (deposits) (R'million)
374 369
375 948
(0.4%)
Loans and advances to customers as a % of customer accounts (deposits)
73.5%
73.6%
Cash and near cash balances (R'million)
129 759
147 169
(11.8%)
Total gearing ratio (i.e. total assets excluding intergroup loans to equity)
10.5x
12.4x
Total capital adequacy ratio
17.8%
16.4%
Tier 1 ratio
Common equity tier 1 ratio
Leverage ratio
Leverage ratio - 'fully loaded'^
13.7%
12.3%
13.3%
12.1%
8.1%
6.9%
8.1%
6.8%
Stage 3 exposure as a % of gross core loans subject to ECL
Stage 3 exposure net of ECL as a % of net core loans subject to ECL
Credit loss ratio
2.5%
1.5%
2.1%
0.9%
0.18%
0.37%
^ Based on the group's understanding of current regulations, 'fully loaded' is based on Capital Requirements Regulation requirements as fully phased in by 2022, including full adoption of IFRS 9.
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