Annual Financial Statements 2020
80
ANNUAL FINANCIAL STATEMENTS NOTES TO THE ANNUAL FINANCIAL STATEMENTS CONTINUED
38.
Segment reporting continued
Scope of operations continued
The segment report includes only those business unit activities conducted within the company. No geographical segment
information is disclosed due business units across SBN Holdings, are reflected in the segment report in SBN Holdings annual
financial statements.
Personal & Business Banking
2020
N$'000
2019
N$'000
1 422 417
1 801 895
(497 768)
723 953
1 648 602
(748 224)
744 882
1 798 553
(234 324)
Corporate & Investment
Banking
2020
N$'000
2019
N$'000
2020
N$'000
Other
2019
N$'000
(4652)
Net interest income
Inter-segment revenue
Non-interest revenue
Total income
Credit impairment charges
Income after credit impairment charges
Operating expenses
Net income
Loss on derecognition of joint venture
Share of profits from associates and joint ventures
Net income before indirect taxation
Indirect taxation
Profit before direct taxation
Direct taxation
Profit for the year
Operating information
Total assets
Total liabilities
Other information
Investment in joint venture
Depreciation
Amortisation
39.
Dividends
Ordinary dividends
2020
N$'000
Total
2019
N$'000
1 366 637
(197 476)
497 421
(430 606)
780 641
346 154
386 199
646 099
(245 724)
(8 186)
736 234
(4 841)
(16 281)
347
(7 883)
(23 817)
1 208 660
(32 417)
3 135
(33 934)
1 062 224
1 134 216
2 270 884
2 500 853
(253 910)
(239 165)
1 402 878
1 564 229
637 913
731 393
(23 817)
(33 934)
2016 974
2 261 688
(1 126 883)
(1 131 241)
(386 542)
(370 187)
43 934
52 478
(1 469 491)
(1 448 950)
275 995
432 988
251 371
361 206
20 117
18 544
547 483
812 738
(1604)
(1 604)
275 995
432 988
251 371
(14 266)
(15 222)
(1995)
361 206
(2 440)
261 729
417 766
(90 795)
170 934
(131 924)
285 842
249 376
(60 745)
188 631
358 766
(90 063)
268 703
18 513
(14 038)
4 475
(2 158)
2 317
3 929
22 473
(13 608)
3 929
545 879
816 667
(30 299)
(31 270)
8 865
(4 738)
4 127
515 580
(153 698)
361 882
785 397
(226 725)
558 672
18 285 039
19 035 324
13 505 534
16 762 564
17 249 251
12 303 001
14 479 608
13 362 636
1 518 936
523 017
1 529 203
872 012
33 309 509
29 588 582
35 044 135
31 483 899
85 676
73 114
9
2020
N$'000
COMPANY
2019
N$'000
Final dividend declared
Interim dividend declared
Total dividends recognised in the statement of changes in equity
138 000
86 500
83 231
221 231
86 500
A final dividend 3 374 cents per ordinary share was declared on 4 March 2021, bringing the total dividends declared in respect
of 2020 profits earned to 7 536 cents per share (2019: total dividends of 6 900 cents per share).
15 435
15 435
7 659
1 664
46 970
1 276
359
35 588
34 887
28 911
140 305
36 873
109 665
29 270
STANDARD BANK NAMIBIA LIMITED
Annual financial statements 2020
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