| A | B | C | D | E | F | G | H | I | J | K | L | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | ||||||||||||
2 | Year | ended 30 | June 2020 | Year | ended 30 | June 2019 | Year | ended 30 | June 2018 | |||
3 | Segment A | Segment B | Total | Segment A | Segment B | Total | Segment A | Segment B | Total | |||
4 | Notes | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | ||
5 | ||||||||||||
6 | Interest income | I | 1,313,453 | 1,800,575 | 3,114,028 | 1,210,073 | 1,958,974 | 3,169,047 | 943,300 | 1,462,256 | 2,405,556 | |
7 | Interest expense | I | (500,810) | (584,976) | (1,085,786) | (484,612) | (373,662) | (858,274) | (463,024) | (232,541) | (695,565) | |
8 | Net interest income | 812,643 | 1,215,599 | 2,028,242 | 725,461 | 1,585,312 | 2,310,773 | 480,276 | 1,229,715 | 1,709,991 | ||
9 | Fee and commission income | II | 162,885 | 601,504 | 764,389 | 168,541 | 549,610 | 718,151 | 150,478 | 498,849 | 649,327 | |
10 | Fee and commission expense | II | (81,719) | (215,773) | (297,492) | (41,457) | (249,922) | (291,379) | (65,656) | (240,746) | (306,402) | |
11 | Net fee and commission income | 81,166 | 385,731 | 466,897 | 127,084 | 299,688 | 426,772 | 84,822 | 258,103 | 342,925 | ||
12 | Net (loss)/gain from derecognition of financial assets measured at amortised cost | III | - | (2,003) | (2,003) | - | 23,927 | 23,927 | - | - | - | |
13 | Net trading income | IV (a) | 505,463 | 111,091 | 616,554 | 177,652 | 51,210 | 228,862 | 110,802 | 31,320 | 142,122 | |
14 | Net (loss)/ gain from derecognition of financial assets measured at fair value through other comprehensive income | IV (b) | - | (3,046) | (3,046) | 98 | - | 98 | 34,582 | - | 34,582 | |
15 | Net gain from foreign exchange and derivatives | IV (c) | 316,029 | 369,767 | 685,796 | 336,868 | 351,073 | 687,941 | 106,916 | 533,147 | 640,063 | |
16 | Other operating income | IV (d) | 17,767 | 4,947 | 22,714 | 9,097 | 6,021 | 15,118 | 22,114 | 10,863 | 32,977 | |
17 | Total operating income | 1,733,068 | 2,082,086 | 3,815,154 | 1,376,260 | 2,317,231 | 3,693,491 | 839,512 | 2,063,148 | 2,902,660 | ||
18 | Net impairment loss on financial assets | V | (161,472) | (677,623) | (839,095) | (14,085) | (454,295) | (468,380) | (322,262) | (745,319) | (1,067,581) | |
19 | Net operating income | 1,571,596 | 1,404,463 | 2,976,059 | 1,362,175 | 1,862,936 | 3,225,111 | 517,250 | 1,317,829 | 1,835,079 | ||
20 | Personnel expenses | (318,885) | (399,194) | (718,079) | (236,064) | (410,232) | (646,296) | (149,485) | (380,179) | (529,664) | ||
21 | Depreciation of property and equipment | (16,223) | (19,490) | (35,713) | (13,549) | (22,812) | (36,361) | (9,942) | (24,428) | (34,370) | ||
22 | Depreciation on right of use assets | (14,416) | (17,319) | (31,735) | - | - | - | - | - | - | ||
23 | Amortisation of intangible assets | (18,590) | (22,333) | (40,923) | (14,378) | (24,208) | (38,586) | (7,811) | (19,194) | (27,005) | ||
24 | Other operating expenses | (248,180) | (200,046) | (448,226) | (184,341) | (202,962) | (387,303) | (97,283) | (239,079) | (336,362) | ||
25 | Total operating expenses | (616,294) | (658,382) | (1,274,676) | (448,332) | (660,214) | (1,108,546) | (264,521) | (662,880) | (927,401) | ||
26 | Operating profit | 955,302 | 746,081 | 1,701,383 | 913,843 | 1,202,722 | 2,116,565 | 252,729 | 654,949 | 907,678 | ||
27 | Impairment loss on subsidiary | - | - | - | (189,563) | - | (189,563) | - | - | - | ||
28 | Impairment on receivable from subsidary | (33,057) | - | (33,057) | (103,000) | - | (103,000) | - | - | - | ||
29 | Profit before tax | 922,245 | 746,081 | 1,668,326 | 621,280 | 1,202,722 | 1,824,002 | 252,729 | 654,949 | 907,678 | ||
30 | Tax expense | (86,803) | (59,968) | (146,771) | (216,167) | (23,052) | (239,219) | (83,833) | (57,391) | (141,224) | ||
31 | Profit for the year | 835,442 | 686,113 | 1,521,555 | 405,113 | 1,179,670 | 1,584,783 | 168,896 | 597,558 | 766,454 | ||
32 | Other comprehensive income | |||||||||||
33 | Other comprehensive income that may be subsequently reclassified to profit or loss: | |||||||||||
34 | Net gain/(loss) on available-for-sale investments | - | - | - | - | - | - | (8,548) | 19,270 | 10,722 | ||
35 | Movement in fair value reserve for debt instrument measured at fair value through other comprehensive income: | |||||||||||
36 | - (Losses)/gains arising during the period/year | - | (2,880) | (2,880) | 2,467 | (420) | 2,047 | - | - | - | ||
37 | - Reclassification of gains/(losses) included in profit or loss on derecognition | - | 3,046 | 3,046 | (98) | - | (98) | - | - | - | ||
38 | - ECL for financial assets at FVTOCI | - | (1,074) | (1,074) | - | 527 | 527 | - | - | - | ||
39 | - | (908) | (908) | 2,369 | 107 | 2,476 | (8,548) | 19,270 | 10,722 | |||
40 | Other comprehensive income that will not be reclassified to profit or loss: | |||||||||||
41 | Remeasurement of retirement benefit obligations | (9,872) | (11,859) | (21,731) | (3,454) | (5,815) | (9,269) | (3,358) | (8,253) | (11,611) | ||
42 | Deferred tax on remeasurement of retirement benefit obligations | 810 | 508 | 1,318 | 142 | 239 | 381 | 237 | 582 | 819 | ||
43 | Gain on equity instruments designated at fair value through other comprehensive income | (46) | 1,416 | 1,370 | 1,122 | - | 1,122 | - | - | - | ||
44 | (9,108) | (9,935) | (19,043) | (2,190) | (5,576) | (7,766) | (3,121) | (7,671) | (10,792) | |||
45 | Other comprehensive gain/(loss) for the year | (9,108) | (10,843) | (19,951) | 179 | (5,469) | (5,290) | (11,669) | 11,599 | (70) | ||
46 | Total comprehensive income for the year attributable to equity holders of the parent | 826,334 | 675,270 | 1,501,604 | 405,292 | 1,174,201 | 1,579,493 | 157,227 | 609,157 | 766,384 |