Republic Bank Limited
134
For the year ended September 30, 2015. Expressed in thousands of Trinidad and Tobago dollars ($’000) except where otherwise stated
Notes to theConsolidatedFinancial Statements
4
Financial
25 SEGMENTAL INFORMATION
The Group is organised into two main business segments: retail and commercial banking and merchant banking. The Group’s primary
reporting format comprises geographical segments, reflecting its management structure and the secondary segment is by class of
business. The following is an analysis by respective segments:
i) By geographic segment
Cayman,
Suriname,
Trinidad
and Eastern
and Tobago
Barbados
Guyana Caribbean
Ghana Eliminations
Total
2015
Interest income
1,861,744
455,338
209,726
201,362
89,056
(38,495)
2,778,731
Interest expense
(174,145)
(89,771)
(17,872)
(35,378)
(47,024)
38,495
(325,695)
Net interest income 1,687,599
365,567
191,854
165,984
42,032
–
2,453,036
Other income
1,401,864
152,196
88,975
66,488
45,434
(292,558)
1,462,399
Share of profits
of associates
39,276
–
–
–
–
–
39,276
Operating income
3,128,739
517,763
280,829
232,472
87,466
(292,558)
3,954,711
Goodwill impairment
expense
–
–
–
(31,510)
–
–
(31,510)
Other operating
expenses
(1,496,698)
(319,100)
(133,068)
(107,131)
(79,932)
11,476
(2,124,453)
–
Operating profit
1,632,041
198,663
147,761
93,831
7,534
(281,082)
1,798,748
Loan impairment
expense, net of
recoveries
8,440
(33,475)
(17,399)
(31,665)
(91,165)
–
(165,264)
Net profit/(loss)
before taxation 1,640,481
165,188
130,362
62,166
(83,631)
(281,082) 1,633,484
Taxation
(337,107)
(21,174)
(45,039)
(1,827)
8,407
–
(396,740)
Net profit/(loss)
after taxation
1,303,374
144,014
85,323
60,339
(75,224)
(281,082) 1,236,744
