Investor Relations
Salient features
Key salient features of Absa Group and Absa Bank.
Absa Group - Salient Features
| Year ended 31 December | |||
| 2012 | 20111 | Change | |
| (Audited) | % | ||
| Statement of comprehensive income (Rm) | |||
| Headline earnings2 | 8 807 | 9 719 | -9 |
| Profit attributable to ordinary equity holders | 8 393 | 9 674 | -13 |
| Statement of financial position | |||
| Total assets (Rm) | 807 939 | 786 719 | 3 |
| Loans and advances to customers (Rm) | 528 191 | 504 925 | 5 |
| Deposits due to customers (Rm) | 477 427 | 440 960 | 8 |
| Loans-to-deposits ratio (%) | 90,2 | 88,4 | |
| Off-statement of financial position (Rm) | |||
| Assets under management and administration | 246 950 | 213 186 | 16 |
| Financial performance (%) | |||
| Return on average equity | 13,6 | 16,4 | |
| Return on average assets3 | 1,09 | 1,32 | |
| Return on risk-weighted assets3 | 2,07 | 2,35 | |
| Operating performance (%) | |||
| Net interest margin on average interest-bearing assets3 | 3,87 | 4,11 | |
| Impairment losses on loans and advances as a % of average loans and advances to customers | 1,59 | 1,01 | |
| Non-performing advances as a % of loans and advances to customers3 | 5,8 | 6,9 | |
| Non-interest income as a % of total operating income | 48,5 | 46,7 | |
| Cost-to-income ratio | 55,2 | 55,5 | |
| Effective tax rate, excluding indirect taxation | 27,9 | 28,3 | |
| Share statistics (million) | |||
| Number of ordinary shares in issue | 718,2 | 718,2 | |
| Number of ordinary shares in issue (excluding treasury shares) | 717,7 | 717,0 | |
| Weighted average number of ordinary shares in issue | 717,6 | 716,8 | |
| Diluted weighted average number of ordinary shares in issue | 719,2 | 719,9 | |
| Share statistics (cents) | |||
| Headline earnings per share | 1 227,3 | 1 355,9 | -9 |
| Diluted headline earnings per share | 1 224,6 | 1 350,0 | -9 |
| Basic earnings per share | 1 169,6 | 1 349,6 | -13 |
| Diluted earnings per share | 1 167,0 | 1 343,8 | -13 |
| Dividends per ordinary share relating to income for the period / year | 684 | 684 | |
| Dividend cover (times) | 1,8 | 2,0 | |
| Net asset value per share | 9 319 | 8 690 | 7 |
| Tangible net asset value per share | 8 962 | 8 392 | 7 |
| Capital adequacy (%)3 | |||
| Absa Group | 17,4 | 16,7 | |
| Absa Bank | 17,5 | 16,2 | |
| 1Comparatives have been reclassified. | |||
| 2After allowing for R295 million (2011: R284 million) profit attributable to preference equity holders of Absa Bank Limited. | |||
| 3These ratios are unaudited. | |||
Absa Bank - Salient Features
| Year ended 31 December | |||
| 2012 | 2011ยน | Change | |
| (Unaudited) | % | ||
| Statement of comprehensive income (Rm) | |||
| Headline earnings2 | 7 425 | 7 957 | -7 |
| Profit attributable to ordinary equity holders of the Bank | 7 272 | 7 901 | -8 |
| Statement of financial position | |||
| Total assets (Rm) | 764 491 | 742 436 | 3 |
| Loans and advances to customers (Rm) | 511 179 | 488 332 | 5 |
| Deposits due to customers (Rm) | 467 318 | 431 762 | 8 |
| Loans-to-deposits ratio (%) | 89,1 | 87,2 | |
| Off-statement of financial position (Rm) | |||
| Assets under management and administration | 27 158 | 22 741 | 19 |
| Financial performance (%) | |||
| Return on average equity | 13,6 | 15,8 | |
| Return on average assets | 0,97 | 1,13 | |
| Return on average risk-weighted assets3 | 1,72 | 2,07 | |
| Operating performance (%) | |||
| Net interest margin on average interest-bearing assets | 3,62 | 3,80 | |
| Impairment losses on loans and advances as a % of average loans and advances to customers | 1,57 | 1,00 | |
| Non-performing loans as a % of loans and advances to customers | 5,7 | 6,9 | |
| Non-interest income as a % of total operating income | 44,8 | 42,8 | |
| Cost-to-income ratio | 52,9 | 55,6 | |
| Effective tax rate, excluding indirect taxation | 26,1 | 27,7 | |
| Share statistics (million) (including "A" ordinary shares) | |||
| Number of ordinary shares in issue | 378,8 | 374,1 | |
| Weighted average number of ordinary shares in issue | 375,3 | 374,1 | |
| Diluted weighted average number of ordinary shares in issue | 375,3 | 374,1 | |
| Share statistics (cents) | |||
| Headline earnings per share | 1 978,4 | 2 127,0 | -7 |
| Diluted headline earnings per share | 1 978,4 | 2 127,0 | -7 |
| Basic earnings per share | 1 937,6 | 2 112,0 | -8 |
| Diluted earnings per share | 1 937,6 | 2 112,0 | -8 |
| Dividends per ordinary share relating to income for the year | 1 568,3 | 1 034,4 | 52 |
| Dividend cover (times) | 1,3 | 2,1 | |
| Net asset value per share | 14 845 | 14 058 | 6 |
| Tangible net asset value per share | 14 539 | 13 871 | 5 |
| Capital adequacy (%)3 | |||
| Absa Bank | 17,5 | 16,2 | |
| 1Comparatives have been reclassified. | |||
| 2After allowing for R295 million (2011: R284 million) profit attributable to preference equity holders of Absa Bank Limited | |||
| 3These ratios are unaudited. | |||
Contact Investor Relations
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+27 (0) 11 350 4000
E-mail us at
investorrelations@absa.co.za
Financial Indicators
