REPUBLIC BANK LIMITED
106
Notes to theConsolidatedFinancial Statements
For the year ended September 30, 2014. Expressed in thousands of Trinidad and Tobago dollars ($’000), except where otherwise stated
24 Segmental information
(continued)
i)
By geographic segment
(continued)
Trinidad and
Barbados
Cayman,
Eliminations
Total
Tobago
Guyana and
Eastern
Caribbean
2014
Investment in associated
companies
345,942
–
–
–
345,942
Total assets
46,093,234
8,270,023
9,178,457
(4,170,198)
59,371,516
Total liabilities
39,006,398
6,861,997
7,070,541
(2,313,743)
50,625,193
Depreciation
100,525
29,633
20,631
–
150,789
Capital expenditure on premises
and equipment
137,485
28,315
37,025
–
202,825
Cash flow from operating activities
1,291,223
(487,269)
(329,658)
(30,905)
443,391
Cash flow from investing activities
(624,101)
407,641
67,765
(149,558)
(298,253)
Cash flow from financing activities
(869,127)
(70,346)
(30,581)
131,490
(838,564)
Trinidad and
Barbados
Cayman,
Eliminations
Total
Tobago
Guyana and
Eastern
Caribbean
2013
Interest income
1,677,006
505,092
397,510
(62,447)
2,517,161
Interest expense
(175,161)
(157,723)
(66,058)
62,447
(336,495)
Net interest income
1,501,845
347,369
331,452
–
2,180,666
Other income
1,478,700
120,282
154,319
(496,702)
1,256,599
Share of losses of associates
(60,324)
–
–
–
(60,324)
Operating income
2,920,221
467,651
485,771
(496,702)
3,376,941
Other operating expenses
(1,232,325)
(277,749)
(221,090)
19,261
(1,711,903)
Operating profit
1,687,896
189,902
264,681
(477,441)
1,665,038
Investment impairment expense
(3,864)
(24,291)
(24,889)
–
(53,044)
Loan impairment expense,
net of recoveries
(3,333)
(53,176)
(543)
–
(57,052)
Net profit before taxation
1,680,699
112,435
239,249
(477,441)
1,554,942
Taxation
(312,391)
(16,430)
(48,254)
–
(377,075)
Net profit after taxation
1,368,308
96,005
190,995
(477,441)
1,177,867
Investment in associated companies
445,377
–
–
–
445,377
Total assets
43,253,197
8,823,665
9,529,089
(3,993,585)
57,612,366
Total liabilities
36,430,384
7,389,484
7,546,393
(2,269,929)
49,096,331
Depreciation
102,121
30,485
21,603
–
154,209
Capital expenditure on premises
and equipment
151,730
21,749
28,207
–
201,686
