2022 Annual Report

ABN 11 087 650 315 UNITY BANK LIMITED 2022 Financial Report

UNITY BANK LIMITED 2022 Financial Report

ABN 11 087 650 315

CONSOLIDATED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 30 JUNE 2022

Note

2022 $'000

2021 $'000

ASSETS Cash

8 9

19,994 422,061 9,414

34,227 416,063

Liquid investments

Receivables Prepayments

10

905 948

938

Loans

11 & 12

1,109,887 1,032,567

Equity investments

13 14 15 16 17

9,128 13,156 1,480

6,708 13,586 1,956

Property, plant and equipment

Deferred tax asset Intangible assets Right-of-use assets

628 516

797

1,151

Total Assets

1,587,202 1,508,908

LIABILITIES Deposits from other financial institutions

19 20 21 22 23 18 24 25

1,850

1,500

Deposits from members

1,251,230 1,188,317

Creditor accruals and settlement accounts

13,567

6,160

Taxation liabilities Provisions Lease liability Deferred tax liabilities Long term borrowings

292

-

3,701

3,377 1,165 1,571

530

1,399 187,010

187,010

Total Liabilities

1,459,579 1,389,100

NET ASSETS

127,623

119,808

MEMBERS' EQUITY Capital reserve account Asset revaluation reserve General reserve for credit losses

26 27 28 29

732

712

6,254 2,779 1,898 2,779

6,254 2,779 1,431 2,779

FVOCI reserve General reserve Retained earnings

113,181 127,623

105,853 119,808

Total Members' Equity

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

18

25

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