Annual Report and Financial Statements for the Year Ended 31 December 2015
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2015 Annual Report and Financial Statements for the Year Ended 31 December 2015 1 FINANCIAL HIGHLIGHTS FINANCIAL HIGHLIGHTS 2009 2010 2011 2012 2013 2014 2015 2009-2015 (“000”) Omitted (“000”) Omitted (“000”) Omitted (“000”) Omitted (“000”) Omitted (“000”) Omitted (“000”) Omitted Number of Employees 28 37 38 81 86 87 128 Revenue (interest margin) 193,442 950,352 1,998,296 2,931,229 5,171,622 9,403,861 11,557,851 Operating income before expenses 202,498 1,287,834 2,570,459 3,522,378 6,021,892 10,951,557 13,023,720 Operating income after expenses (644,024) (635,097) 163,210 (632,361) 772,524 3,615,163 4,398,749 Profit/(loss) after tax for the year (470,018) (467,503) 37,405 (716,709) 119,019 1,650,203 953,465 Earning per share (6.98) (5.74) 3.68 (65.07) 80.05 10.81 46.25 Dividend - - - - - - - Lending 378,815 6,623,055 11,555,634 16,694,000 28,889,679 40,614,811 63,308,414 Total Investments 6,355,999 11,279,500 14,658,283 12,870,297 21,259,127 38,214,651 30,043,924 Depreciation and amortization 17,664 197,157 210,668 417,993 555,106 573,680 643,503 Cash and balance with BOT 563,360 2,950,878 4,384,435 5,506,854 8,974,998 11,652,381 13,411,053 Equity 6,734,148 8,142,966 10,161,953 11,013,784 11,013,784 20,615,272 20,615,272 Customer Deposits 2,195,416 16,420,402 21,923,374 28,300,036 49,780,083 72,081,276 83,733,148 Other Liabilities 240,394 1,537,900 2,459,514 2,458,526 2,934,037 2,999,826 3,861,120 Balance Sheet Total 8,699,940 25,163,747 33,644,727 40,155,521 64,023,179 96,625,771 111,315,402 Memo Items Average Exchange Rate TZS/USD 1,313 1,452 1,567 1,572 1,574 1,725 2,008.16 Year Comperative 80,0000 70,000 60,0000 50,0000 40,0000 30,0000 20,0000 10,0000 2009 2010 2011 2012 2013 2014 2015 Deposits Lending Capital 2 Mkombozi Commercial Bank PLC WE ARE NOW IN MOROGORO It’s high time now to free yourself from stress banking Mkombozi Commercial Bank’s wide range of services makes banking easier and more convenient than ever for all our customers.
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