BR Research

Big banks: healthy, wealthy and wise

Published November 14, 2011 Updated November 14, 2011 12:00am

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Top five banks: combined profit and loss statement
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(Rsmn)                                9MCY11    9MCY10    chg
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Markup Earned                        279,000   241,640    15%
Markup Expensed                     (124,605) (107,638)   16%
Net Markup Income                    154,396   134,002    15%
Provisioning                         (24,117)  (23,214)    4%
Net Markup income after provisions   130,278   110,789    18%
Other income                          42,011    34,833    21%
Operating revenues                   196,407   168,835    16%
Other expenses                       (80,649)  (68,789)   17%
Profit before taxation                91,640    76,833    19%
Profit after taxation                 60,034    49,062    22%
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Source: Company Accounts
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