BALANCE SHEET as at March 31st 2004
| |
2004 |
2003 |
| |
=N=’000 |
=N=’000 |
ASSETS
|
|
|
| Cash
and Bank Balances |
66,011 |
90,188 |
| Trading
Securities |
11,437,161 |
11,895,236 |
| Assets
under repurchase agreements |
1,466,800 |
8,948,000 |
| Long Term Investments |
3,500,000 |
|
| Other
Assets |
425,060 |
144,493 |
| Fixed
Assets |
67,452 |
75,450 |
| Total
Assets |
16,962,484 |
21,153,367 |
LIABILITIES
|
|
|
| Secured
Borrowings |
13,401,187 |
10,020,420 |
| Liabilities
against repurchase agreements |
1,466,800 |
8,948,000 |
| Other
Liabilities |
302,715 |
515,487 |
| Dividened
Payable |
202,800 |
97,500 |
| Taxation
Payable |
161,459 |
289,276 |
| Deferred
Taxation |
11,404 |
11,404 |
| Total
Liabilities |
15,546,365 |
19,882,087 |
| Net
Assets |
1,416,119 |
1,271,280 |
CAPITAL
AND RESERVES
|
|
|
| Share
Capital |
1,014,000 |
780,000 |
| Reserve
for Bonus Issue |
101,400 |
234,000 |
| Statutory
Reserve |
284,766 |
232,620 |
| General
Reserve |
15,953 |
24,660 |
| Shareholders’
Funds |
1,416,119 |
1,271,280 |
|
