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 CHANGES IN MEMBER EQUITY FOR THE YEAR ENDED 30 JUNE 2022 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Note
2022 $'000
2021 $'000
Capital
Asset
Reserve
General
Retained
FVOCI Reserve
Total
Reserve Revaluation for Credit
Reserve Earnings
Members'
Reserve
Losses $'000
Equity $'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
40,343 6,523 33,820 4,460
$'000
$'000
$'000
$'000
$'000
Note
(26)
(27)
(28)
(29)
4,761 1,570
Balance at 1 July 2020 Profit for the year Other Comprehensive Income Transfer to capital account Total income on redemption of shares Other Income
692
6,884
2,779
2,779
100,507 5,366
1,409
115,050
- -
-
- - -
- - -
-
5,366 (608)
834
(630)
-
22
42,272
39,114
20
-
(20)
-
- -
Non-interest expenses Fee and commission expenses
Total at 30 June 2021
712
6,254
2,779
2,779
105,853
1,431
119,808
1,408
1,390
Balance as at 1 July 2021 Impairment losses on loans receivable from members 712 6,254
2,779
2,779
105,853
1,431
119,808
6(d) 6(d)
304 101
896 (14)
Profit for the year
- -
- -
- -
- -
7,348
-
7,348
Other Comprehensive Income Impairment losses on loans to non members 20 General administration - Employees compensation and benefits Transfer to capital account
-
467
467 -
-
-
-
(20)
-
-
17,159
15,746 2,219 3,793 1,060 2,179 4,247 31,516
- Depreciation and amortisation - Information technology
6(e)
2,114 4,121
Total at 30 June 2022
732
6,254
2,779
2,779
113,181
1,898
127,623
- 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.
19 17
26
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