UNITY BANK PLC

PRESENTATION OF Q2 2023 FORECAST

PROJECTED STATEMENT OF PROFIT OR LOSS

Q2-2023

Gross Earnings

23,460,330,638

Interest Income

19,551,438,283

Interest Expense

(15,408,380,022)

Net Revenue From Funds

4,143,058,261

Other Income

3,908,892,355

Impairment for Credit Loss

(1,170,375,226)

Net operating income

6,881,575,390

Operating Expenses

(6,630,009,485)

Pre Tax profit

251,565,905

Provision For Taxation

(21,383,102)

Profit After Tax

230,182,803

PROJECTED STATEMENT OF CASH FLOWS

Net cash provided by operating activities

1,570,182,803

Net cash flow provided by/(used) in investing activities

(260,034,996,531)

Net cash flow from operating and investing activities

(258,464,813,728)

Net cash used in financing activities

258,694,996,531

Net increase in cash and cash equivalents

230,182,803

Cash and cash equivalents, beginning of period

47,457,067,268

Cash and cash equivalents, end of period

47,687,250,072

Unity Bank plc

RC. 94 524

Unity Bank Corporate Head Office, Plot 42, Ahmed Onibudo Street

Victoria Island, Lagos.

T: +234 (0)70 80666030 +234 (0)70 57323225-30

www.unitybankng.com

Aminu Babangida (Chairman), Oluwafunsho Obasanjo (Director), Sam N. Okagbue (Independent Director), Yabawa Lawan Wabi (Director), Hafiz Mohammed Bashir (Director) Tomi Somefun (Managing Director/CEO), Temisan Tuedor (Executive Director), Ebenezer A. Kolawole, (Executive Director), Usman Abdulqadir (Executive Director)

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Unity Bank plc published this content on 13 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2023 14:28:09 UTC.