UNITY BANK PLC

PRESENTATION OF Q1 2023 FORECAST

PROJECTED STATEMENT OF PROFIT OR LOSS

Q1-2023

Gross Earnings

20,857,250,970

Interest Income

17,043,491,370

Interest Expense

(12,689,254,136)

Net Revenue from Funds

4,354,237,234

Other Income

3,813,759,600

Impairment for Credit Loss

(1,170,375,226)

Net operating income

6,997,621,608

Operating Expenses

(6,630,009,485)

Pre Tax profit

367,612,123

Provision For Taxation

(31,247,030)

Profit After Tax

336,365,092

PROJECTED STATEMENT OF CASH FLOWS

Net cash provided by operating activities

1,676,365,092

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

(260,034,996,531)

Net cash flow from operating and investing activities

(258,358,631,439)

Net cash used in financing activities

258,694,996,531

Net increase in cash and cash equivalents

336,365,092

Cash and cash equivalents, beginning of period

47,457,067,268

Cash and cash equivalents, end of period

47,793,432,361

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)

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Unity Bank plc published this content on 09 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2022 16:22:06 UTC.