Income Statement (N'mn) UBA Access Zenith GTCO FBN

Gross Earnings 2,075,386 2,594,739 2,131,750 1,186,465 1,517,792

Interest income 1,075,347 1,654,348 1,144,674 550,755 917,708

Interest expense (367,807) (958,988) (408,492) (114,059) (387,678)
Net interest income 707,540 695,360 736,182 436,697 530,030
impairment writeback/(charge) (207,201) (139,528) (409,616) (197,946) (200,440)
Net interest income after impairment 500,339 555,832 326,566 238,751 329,590

Non-interest income 881,785 870,700 918,868 620,976 566,990

Fair value & FX gain 659,257 628,931 795,955 500,379 372,078
Other income 33,469 33,988 13,606 11,169 23,103
Fee and commission income 307,313 277,472 177,515 124,162 204,903
fee and commission expense (118,254) (69,691) (68,208) (14,734) (33,094)

Operating income 1,382,124 1,426,532 1,245,434 859,727 896,580

Operating expense (624,444) (697,531) (449,472) (250,419) (534,341)

Personnel expense (182,812) (167,903) (124,415) (45,097) (173,889)
Depreciation & Amortsiation (36,596) (63,963) (33,326) (39,095) (34,706)
Other operating expense (405,036) (465,665) (291,731) (166,226) (325,746)

Profit before tax 757,680 729,001 795,962 609,308 362,239

Income tax (149,984) (109,677) (119,053) (69,654) (52,231)
Profit after tax 607,696 619,324 676,909 539,655 310,008

Normalised profit after tax* 123,926 84,628 8,308 97,865 (122,293)

Balance sheet (N'bn) UBA Access Zenith GTCO FBN

Assets
Cash and bank balances 6,069,496 6,166,864 4,253,374 4,322,434 2,571,224
Loans to banks 320,732 880,535 1,834,314 66 -
Loans to customers 5,228,849 8,037,723 6,556,470 2,480,183 8,398,455
Investment securities 7,407,994 6,763,008 6,335,806 2,497,396 3,156,088
Others 1,626,126 4,840,701 1,388,491 391,176 2,770,327
Total Assets 20,653,197 26,688,831 20,368,455 9,691,255 16,896,094

Liabilities
Deposit from banks 2,464,444 4,437,187 - 136,053 1,807,582
Deposit from customers 14,891,277 15,322,753 15,167,740 7,410,835 10,870,986
Debt securities & borrowings 858,739 2,481,141 1,673,950 72,119 1,063,764
Others 408,542 2,262,116 1,203,385 595,120 1,454,286
Total Liabilities 18,623,002 24,503,197 18,045,075 8,214,127 15,196,618

Net Assets 2,030,195 2,185,634 2,323,380 1,477,128 1,699,476

Normalised profit after tax* UBA Access Zenith GTCO FBN

Profit afte tax 607,696 619,324 676,909 539,655 310,008
less: extra-ordinary items:
- Derivative gains 457,188 342,080 439,619 - 432,301
- FX revaluation gain 26,582 - 228,982 441,790 -
- Fair value gain on AFC - 192,616 -
Normalised profit after tax* 123,926 84,628 8,308 97,865 (122,293)