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 ABN 11 087 650 315

UNITY BANK LIMITED 2022 Financial Report

This statement should be read in conjunction with the notes to the financial statements. CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2022 Note 2022

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

2021 $'000

Note

2022 $'000

2021 $'000

OPERATING ACTIVITIES

$'000

Cash Inflows Interest received Dividends Other income Cash Outflows Interest paid Fees and commissions Interest expense Net interest income Fees and commissions Suppliers and employees Income taxes paid Net cash from revenue activities Interest income Other Income Total income

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

39,450 4,813 1,098

40,560 4,502

202 588

807

834

39,114

(4,044) (30,548) (1,610) 9,966

(9,096) (29,542) (1,901) 5,313

Non-interest expenses Fee and commission expenses

1,408

1,390

42(b)

Inflows/(outflows) from other operating activities Member loans (net movement) Member deposits and shares (net movement) Receivables from other financial institutions (net movement) - Information technology Impairment losses on loans receivable from members Impairment losses on loans to non members General administration - Employees compensation and benefits - Depreciation and amortisation

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

(81,250) 62,483 (6,015)

(21,597) 7,948 (141,612)

6(e)

- Office occupancy

894

Net cash from operating activities - Other administration

2,355

(14,816)

(149,948)

INVESTING ACTIVITIES Inflows Proceeds on sale of property, plant and equipment Net Cash inflows from investment redemptions Profit before income tax Income tax expense Less: Outflows Purchase of property, plant and equipment Profit after income tax Other operating expenses Total non interest expenses

4,623 33,079

284

3,356

9,193 1,845 7,348

- 7,598 2,232 5,366

1,880

7

(603)

(491)

Purchase of intangible assets Net cash from investing activities FINANCING ACTIVITIES Inflows/(Outflows) Increase in borrowings (net movement) 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 Net cash from financing activities Movement in reserve for land and buildings Net change in fair value Income tax relating to other comprehensive income Total net cash increase Cash at beginning of year Total Revaluation OCI, net of income tax Total FVOCI OCI, net of income tax

(288) 1,273

(550) 2,315

622 155 467

32 10 22

(690) (690)

155,831 155,831

- - -

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

(14,233)

8,198

34,227 19,994

26,029 34,227

Total other comprehensive income, net of income tax

467

Cash at end of year

8 & 42(a)

Total comprehensive income for the period

7,815

4,758

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

20 17

27

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