2022 Annual Report

UNITY BANK LIMITED 2022 Financial Report UNITY BANK LIMITED 2022 Financial Report

ABN 11 087 650 315

ABN 11 087 650 315

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2022

Note

2022 $'000

2021 $'000

Interest income Interest expense Net interest income Fees and commissions

6(a) 6(c) 6(b) 6(b)

39,795 3,854 35,941 4,761 1,570 42,272

40,343 6,523 33,820 4,460

Other Income Total income

834

39,114

Non-interest expenses Fee and commission expenses

1,408

1,390

Impairment losses on loans receivable from members Impairment losses on loans to non members General administration - Employees compensation and benefits

6(d) 6(d)

304 101

896 (14)

17,159 2,114 4,121

15,746 2,219 3,793 1,060 2,179 4,247 31,516

- Depreciation and amortisation - Information technology

6(e)

- Office occupancy - Other administration

894

2,355

Other operating expenses Total non interest expenses Profit before income tax Income tax expense Profit after income tax

4,623 33,079

9,193 1,845 7,348

7,598 2,232 5,366

7

Other comprehensive income, net of income tax Items that will not be reclassified subsequently to profit and loss Movement in reserve for equity instruments at FVOCI Net change in fair value Income tax relating to other comprehensive income

622 155 467

32 10 22

Total FVOCI OCI, net of income tax

Movement in reserve for land and buildings Net change in fair value Income tax relating to other comprehensive income Total Revaluation OCI, net of income tax Total other comprehensive income, net of income tax

- - -

(899) (269) (630) (608)

467

Total comprehensive income for the period

7,815

4,758

This statement should be read in conjunction with the notes to the financial statements.

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