Barclays Bank of Kenya is regulated by the Central Bank of Kenya Statement of financial position Assets Cash balances (both local and foreign) Balances due from Central Bank of Kenya Kenya government and other securities held for dealing purposes Financial assets at fair value through profit and loss Investment securities: Held to maturity: a. Kenya government securities b. Other securities Available for sale: a. Kenya government securities b. Other securities Deposits and balances due from local banking institutions Deposits and balances due from banking institutions abroad Tax recoverable Loans and advances to customers (net) Balances due from banking institutions in the group Investment in associates Investment in subsidiary companies Investment in joint ventures Investment properties Property and equipment Prepaid operating rental leases Intangible assets Deferred tax Retirement benefit asset Other assets Total assets Liabilities Balances due to Central Bank of Kenya Customers’ deposits Deposits and balances due to banking institutions (local) Deposits and balances due to banking institutions (foreign) Other money market deposits Borrowed funds Balances due to banking institutions in the group Tax payable Dividends payable Deferred tax liability Retirement benefit liability Other liabilities Total liabilities Shareholders’ funds Paid up/assigned capital Share premium/(discount) Revaluation reserves Retained earnings/(accumulated losses) Statutory loan loss reserve Other reserves Proposed dividend Capital grants Total shareholders’ funds Minority interest Total liabilities and total shareholders funds Statement of comprehensive income Interest income Loans and advances to customers Government securities Deposits and placements with banking institutions Other interest income Total interest income Interest expenses Customer deposits Deposits and placements with banking institutions Other interest expenses Total interest expenses Net interest income Non - interest income Fees and commissions income on loans & advances Other fees and commissions Foreign exchange trading income Dividend income Other income Total non-interest income Total operating income Operating expenses Loan loss provision Staff costs Directors emoluments Rental charge Depreciation on property and equipment Amortisation charges Other operating expenses Total operating expenses Profit before tax and exceptional items Exceptional items Profit after exceptional items Current tax Deferred tax Profit after tax and exceptional items Other comprehensive income Gains/(losses) from translating the financial statements of foreign operations Fair value changes in available for sale financial assets Revaluation surplus on property, plant and equipment Share of other comprehensive income of associates Income tax relating to components of other comprehensive income Other comprehensive income for the year net of tax Total comprehensive income for the year Earnings per share (Shs) Dividends per share (Shs) I A 1 2 3 4 5 a) b) 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 B 22 23 24 25 26 27 28 29 30 31 32 33 34 C 35 36 37 38 39 40 41 42 43 44 45 II 1 1.1 1.2 1.3 1.4 1.5 2 2.1 2.2 2.3 2.4 3 4 4.1 4.2 4.3 4.4 4.5 4.6 5 6 6.1 6.2 6.3 6.4 6.5 6.6 6.7 7 8 9 10 11 12 13 13.1 13.2 13.3 13.4 13.5 14 15 September 2017 Shs ‘000 Unaudited September 2017 Shs ‘000 Unaudited December 2017 Shs ‘000 Audited December 2017 Shs ‘000 Audited March 2018 Shs ‘000 Unaudited March 2018 Shs ‘000 Unaudited June 2018 Shs ‘000 Unaudited September 2018 Shs ‘000 Unaudited June 2018 Shs ‘000 Unaudited 4,009,751 11,608,676 6,789,904 - - - - - 57,509,641 57,509,641 - 5,600,000 1,016,041 433,957 167,249,182 10,095,900 - 362,512 - - 2,907,441 55,329 1,210,935 541,910 160,382 8,057,991 277,609,552 - 200,638,484 1,559,581 148,886 - - 22,679,534 - 1,086,307 - - 9,475,773 235,588,565 2,715,768 - 183,292 38,916,627 - 205,300 - - 42,020,987 - 277,609,552 15,901,661 4,116,164 82,726 12,078 20,112,629 3,557,920 423,202 - 3,981,122 16,131,507 532,017 3,077,548 2,162,924 - 281,565 6,054,054 22,185,561 2,332,967 8,023,325 104,109 952,258 587,991 359,299 2,442,865 14,802,814 7,382,747 - 7,382,747 (2,376,677) 94,936 5,101,006 479,214 (143,764) 335,450 5,436,456 0.94 - 4,009,751 11,608,676 6,789,904 - - - - - 57,609,641 57,609,641 - 5,600,000 1,016,041 437,630 167,249,182 10,095,900 - - - - 2,907,441 55,329 1,235,935 547,195 160,382 8,646,821 277,969,828 - 200,370,484 1,559,581 148,886 - - 22,679,534 - 1,086,307 - - 9,581,600 235,426,392 2,715,768 - 183,292 39,439,076 - 205,300 - - 42,543,436 - 277,969,828 15,901,661 4,118,821 82,726 27,038 20,130,246 3,557,920 423,202 - 3,981,122 16,149,124 532,017 3,479,122 2,162,924 - 281,565 6,455,628 22,604,752 2,332,967 8,100,735 104,109 954,244 587,991 359,299 2,455,650 14,894,995 7,709,757 - 7,709,757 (2,475,807) 95,964 5,329,914 479,214 (143,764) 335,450 5,665,364 0.98 - 4,719,625 11,634,615 9,608,230 - - - - - 58,376,465 58,376,465 - 1,300,000 518,113 336,209 168,397,417 3,464,630 - 362,761 - - 2,744,065 46,394 1,130,854 684,067 - 8,358,721 271,682,166 - 186,245,380 2,061,578 997,877 - - 28,831,238 - - - 3,855 9,983,070 228,122,998 2,715,768 - 250,791 36,051,918 - 195,462 4,345,229 - 43,559,168 - 271,682,166 21,259,156 5,770,087 117,146 19,784 27,166,173 4,834,902 556,064 - 5,390,966 21,775,207 635,895 4,186,273 2,863,594 - 321,117 8,006,879 29,782,086 3,115,113 10,011,544 141,175 1,335,579 766,918 465,018 3,940,875 19,776,222 10,005,864 - 10,005,864 (3,526,653) 200,366 6,679,577 575,641 (172,692) 402,949 7,082,526 1.23 1.00 4,719,625 11,634,615 9,608,230 - - - - - 58,476,028 58,476,028 - 1,300,000 518,113 414,659 168,397,417 3,464,630 - - - - 2,744,065 46,394 1,155,854 696,948 - 8,000,799 271,177,377 - 185,977,380 2,061,578 997,877 - - 28,831,238 - - - 3,855 9,206,313 227,078,241 2,715,768 - 250,485 36,592,192 - 195,462 4,345,229 - 44,099,136 - 271,177,377 21,259,156 5,775,128 117,146 19,784 27,171,214 4,834,902 534,890 - 5,369,792 21,801,422 635,895 4,636,524 2,863,594 - 321,116 8,457,129 30,258,551 3,115,113 10,113,604 141,175 1,338,142 766,918 465,018 3,957,602 19,897,572 10,360,979 - 10,360,979 (3,643,519) 208,859 6,926,319 575,204 (172,561) 402,643 7,328,962 1.28 1.00 4,544,876 8,510,643 17,560,362 - - - - - 66,904,029 66,904,029 - 4,000,000 346,727 - 165,541,052 7,665,218 - 362,761 - - 2,654,350 46,395 1,029,330 1,532,076 - 10,595,269 291,293,088 - 193,579,258 4,703,106 611,121 - - 38,103,204 608,904 - - 10,150 10,069,385 247,685,128 2,715,768 - 265,086 36,105,958 - 175,919 4,345,229 - 43,607,960 - 291,293,088 5,224,837 1,669,058 18,175 7,845 6,919,915 1,273,813 191,646 - 1,465,459 5,454,456 172,497 1,027,147 759,611 - 129,496 2,088,751 7,543,207 575,482 2,727,470 36,243 277,693 210,727 105,132 1,034,464 4,967,211 2,575,996 - 2,575,996 (937,249) 146,389 1,785,136 20,422 (6,127) 14,295 1,799,431 0.33 - 4,544,876 8,510,643 17,560,362 - - - - - 67,003,592 67,003,592 - 4,000,000 346,727 - 165,541,052 7,665,218 - - - - 2,654,350 46,395 1,054,330 1,544,957 - 10,219,041 290,691,543 - 193,286,258 4,703,106 611,121 - - 38,103,204 570,392 - - 10,150 9,162,714 246,446,945 2,715,768 - 264,780 36,742,902 - 175,919 4,345,229 - 44,244,598 - 290,691,543 5,224,837 1,671,807 18,175 7,845 6,922,664 1,273,813 186,000 - 1,459,813 5,462,851 172,497 1,188,482 759,611 - 129,497 2,250,087 7,712,938 575,482 2,754,664 36,243 279,066 210,727 105,132 1,039,030 5,000,344 2,712,594 - 2,712,594 (985,051) 154,882 1,882,425 19,984 (5,995) 13,989 1,896,414 0.35 - 3,716,776 11,999,550 22,985,975 - - - - - 70,243,356 70,243,356 - 3,300,000 6,587,838 568,789 176,115,166 9,323,729 - 362,761 - - 2,548,482 46,395 909,681 1,622,723 - 6,676,090 317,007,311 - 217,101,933 4,569,068 865,643 - - 41,894,249 - 1,086,307 - 16,446 11,359,577 276,893,223 2,715,768 - 409,248 36,806,068 - 183,004 - - 40,114,088 - 317,007,311 10,549,748 3,516,094 68,304 - 14,134,146 2,756,198 427,647 - 3,183,845 10,950,301 474,321 2,018,495 1,641,627 - 289,923 4,424,366 15,374,667 1,716,942 5,051,770 73,169 590,563 421,535 204,593 2,250,730 10,309,302 5,065,365 - 5,065,365 (1,706,134) 248,521 3,607,752 226,367 (67,910) 158,457 3,766,209 0.66 0.20 4,435,770 16,760,347 28,261,441 - - - - - 74,494,127 74,494,127 - 1,000,000 676,446 607,410 178,434,467 4,283,773 - 362,761 - - 2,399,390 46,395 813,473 1,746,259 - 8,315,795 322,637,854 - 220,538,197 1,275,330 1,071,197 - - 43,664,196 - 1,086,307 - 22,741 13,070,038 280,728,006 2,715,768 - 606,389 38,400,681 - 187,010 - - 41,909,848 - 322,637,854 16,018,702 5,543,273 104,867 - 21,666,842 4,513,423 682,140 - 5,195,563 16,471,279 809,637 3,017,032 2,522,533 - 605,202 6,954,404 23,425,683 2,829,198 7,377,477 112,053 865,681 603,740 305,645 3,942,480 16,036,274 7,389,409 - 7,389,409 (2,644,869) 458,455 5,202,995 507,998 (152,399) 355,599 5,558,594 0.96 - 3,716,776 11,999,550 22,985,975 - - - - - 70,342,919 70,342,919 - 3,300,000 6,587,838 648,250 176,115,166 9,323,729 - - - - 2,548,482 46,395 955,341 1,639,148 - 6,419,286 316,628,855 - 216,808,933 4,569,068 865,643 - - 41,894,249 - 1,086,307 - 16,446 10,581,313 275,821,959 2,715,768 - 408,085 37,500,039 - 183,004 - - 40,806,896 - 316,628,855 10,549,748 3,520,758 68,304 - 14,138,810 2,756,199 416,090 - 3,172,289 10,966,521 474,321 2,291,059 1,641,627 - 289,924 4,696,931 15,663,452 1,716,942 5,104,533 74,452 595,938 421,535 204,593 2,259,642 10,377,635 5,285,817 - 5,285,817 (1,775,813) 252,065 3,762,069 225,143 (67,543) 157,600 3,919,669 0.69 0.20 September 2018 Shs ‘000 Unaudited 4,435,770 16,760,347 28,261,441 - - - - - 74,595,473 74,595,473 - 1,000,000 676,446 653,555 178,434,467 4,283,773 - - - - 2,399,695 46,395 859,134 1,765,563 - 8,054,354 322,226,413 - 220,245,197 1,275,330 1,071,197 - - 43,664,196 - 1,086,307 - 22,741 12,177,639 279,542,607 2,715,768 - 608,002 39,173,026 - 187,010 - - 42,683,806 - 322,226,413 16,018,702 5,550,294 104,867 - 21,673,863 4,513,423 664,799 - 5,178,222 16,495,641 809,637 3,421,372 2,522,533 - 605,202 7,358,744 23,854,385 2,829,198 7,458,480 113,337 867,926 603,740 305,645 3,955,136 16,133,462 7,720,923 - 7,720,923 (2,750,027) 464,159 5,435,055 510,739 (153,222) 357,517 5,792,572 1.00 - Bank Group Other disclosures Non-performing loans and advances Gross non-performing loans and advances Less: Interest in suspense Total non performing loans and advances Less: loan loss provisions Net non performing loans(c-d) Discounted value of securities Net NPLs (excess)/exposure(e-f) Insider loans and advances Directors ,shareholders and associates Employees Total insider loans and advances Off balance sheet items Letters of credit ,guarantees, acceptances Forwards, swaps and options Other contingent liabilities Total contingent liabilities Capital strength Core capital Minimum statutory capital Excess/(deficiency) Supplementary capital Total capital Total risk weighted assets Core capital/total deposit liabilities Minimum statutory ratio Excess/(deficiency) Core capital/total risk weighted assets Minimum statutory ratio Excess/(deficiency) Total capital/total risk weighted assets Minimum statutory ratio Excess/(deficiency) Adjusted core capital/total deposit liabilities Adjusted core capital/total risk weighted assets Adjusted total capital/total risk weighted assets Liquidity Liquidity ratio Minimum statutory ratio Excess/(deficiency) III 1) a) b) c) d) e) f) g) 2) a) b) c) 3) a) b) c) 4) a) b) C) d) e) f) g) h) i) j) k) l) m) n) o) p) q) r) 5) a) b) c) September 2017 Shs ‘000 Unaudited December 2017 Shs ‘000 Audited March 2018 Shs ‘000 Unaudited June 2018 Shs ‘000 Unaudited September 2018 Shs ‘000 Unaudited 11,935,508 3,027,322 8,908,186 5,359,171 3,549,015 1,549,226 1,999,789 44,982 12,060,280 12,105,262 30,021,966 39,850,499 - 69,872,465 39,081,891 1,000,000 38,081,891 5,162,854 44,244,745 246,227,748 19.4% 8.0% 11.4% 15.9% 10.5% 5.4% 18.0% 14.5% 3.5% 38.0% 20.0% 18.0% 12,614,723 3,256,066 9,358,657 5,570,676 3,787,981 1,656,019 2,131,962 44,114 11,674,004 11,718,118 24,081,886 44,527,135 - 68,609,021 38,767,686 1,000,000 37,767,686 5,166,021 43,933,707 243,728,272 20.8% 8.0% 12.8% 15.9% 10.5% 5.4% 18.0% 14.5% 3.5% 33.4% 20.0% 13.4% 12,629,491 3,332,688 9,296,803 5,717,974 3,578,829 1,700,954 1,877,875 42,866 11,233,471 11,276,337 24,039,028 49,410,773 - 73,449,801 37,929,158 1,000,000 36,929,158 5,038,949 42,968,107 250,482,913 19.6% 8.0% 11.6% 15.1% 10.5% 4.6% 17.2% 14.5% 2.7% 21.0% 16.2% 18.2% 36.2% 20.0% 16.2% 14,357,777 3,426,117 10,931,660 6,368,460 4,563,200 972,774 3,590,426 42,120 11,051,378 11,093,498 30,228,325 49,315,853 - 79,544,178 37,717,960 1,000,000 36,717,960 5,045,494 42,763,454 256,715,452 17.6% 8.0% 9.6% 14.7% 10.5% 4.2% 16.7% 14.5% 2.2% 17.9% 15.0% 16.9% 38.3% 20.0% 18.3% 14,598,096 3,080,779 11,517,317 7,209,293 4,308,024 1,033,811 3,274,213 41,713 10,884,953 10,926,666 27,053,399 49,500,644 - 76,554,043 38,515,267 1,000,000 37,515,267 5,045,413 43,560,680 260,837,332 17.5% 8.0% 9.5% 14.8% 10.5% 4.3% 16.7% 14.5% 2.2% 17.9% 15.1% 17.1% 39.9% 20.0% 19.9% Bank Message from the Directors: These financial statements are extracts from the books of the institution. The complete quarterly financial statements, statutory and qualitative disclosures can be accessed on the institutions website www.barclays.co.ke. They may also be accessed at the institutions Head office at The West End Building, Waiyaki way. They were approved by the board on Wednesday 21st November, 2018 and signed on its behalf by: Charles Muchene Jeremy Awori Chairman Managing Director Barclays Bank of Kenya Limited Financial Statements The Board of Directors of Barclays Bank of Kenya Limited is pleased to announce the unaudited group results for the ended 30 September 2018 Calling all chest-beating, stadium-shaking Superfans! Enter the #SuperfansUnited competition and you could win the Premier League experience of a lifetime. Open a Barclays Personal or Business Current Account and deposit Kes 5,000 to enter. Existing Barclays current account holders are automatically eligible. For more visit www.barclays.co.ke