Statement of Cash Flows
Note |
2011 AF |
2010 AF |
|||
CASH FLOWS FROM OPERATING ACTIVITIES |
|
|
|||
Interest receipts |
696,195,482 |
629,687,282 |
|||
Interest payments |
(2,140,179) |
(4,056,164) |
|||
Fee and commission receipts |
344,035,076 |
261,725,396 |
|||
Fee and commission payments |
(12,170,091) |
(8,649,236) |
|||
Income from dealing in foreign currencies |
187,089,872 |
122,114,628 |
|||
Other income |
17,762,576 |
17,249,664 |
|||
General administrative expenses paid |
(689,117,315) |
(517,137,201) |
|||
Cash flows from operating activities before changes in operating assets and liabilities |
541,655,421 |
500,934,369 |
|||
Changes in operating assets and liabilities: |
|
|
|||
Receivable from financial institutions |
60,418,899 |
(229,946,562) |
|||
Required reserve maintained with DAB |
(331,901,000) |
(230,416,000) |
|||
Cash margin held with other banks |
(418,439,069) |
– |
|||
Loans and advances to customers – net |
(1,437,986,309) |
(759,428,899) |
|||
Other assets |
(8,462,378) |
(49,943,700) |
|||
Customers’ deposits |
12,212,722,636 |
2,783,432,508 |
|||
Other liabilities |
49,076,830 |
(18,805,389) |
|||
Net cash generated from operating assets and liabilities |
10,125,429,609 |
1,494,891,958 |
|||
Income tax paid |
(21,909,903) |
(235,248,965) |
|||
Net cash flow from operations |
10,645,175,127 |
1,760,577,362 |
|||
CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|||
Increase/ (Decrease) in short term placements (with maturity more than three months) |
2,593,660,987 |
(2,157,605,494) |
|||
Increase/ (Decrease) in Investments |
(5,136,498,574) |
– |
|||
Purchase of property and equipment |
(216,249,164) |
(55,607,665) |
|||
Proceeds from sale of property and equipment |
– |
638,590 |
|||
Purchase of intangible assets |
(16,634,678) |
(23,760,956) |
|||
Net cash flow used in investing activities |
(2,775,721,429) |
(2,236,335,525) |
|||
CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
|||
Dividend paid |
(114,400,000) |
(344,425,000) |
|||
Net cash flow used in financing activities |
(114,400,000) |
(344,425,000) |
|||
Net increase/(decrease) in cash and cash equivalents |
7,755,053,698 |
(820,183,163) |
|||
Effect of foreign currency exchange loss on cash and cash equivalents |
(13,977,655) |
(6,165,485) |
|||
Cash and cash equivalents at beginning of the year |
7,712,508,767 |
8,538,857,415 |
|||
Cash and cash equivalents at end of the year |
28 |
15,453,584,810 |
7,712,508,767 |