Barclays Bank Of Kenya Limited is a provider of financial services. The Bank operates through two segments: Consumer Banking and Corporate Banking. The Consumer banking segment includes incorporating private customer current accounts, savings, deposits, credit and debit cards, consumer loans and mortgages. The Corporate banking segment includes a business model, which centers on delivering specialist investment banking, financing, risk management and advisory solutions across asset classes to corporates, financial institutions and government clients. The Bank provides a spectrum of solutions ranging from personal banking, credit cards, corporate, investment banking, wealth and investment management to its customers across the country. The Company offers Personal Banking, Prestige Banking, Premier Banking, Corporate Banking, Treasury and Life Assurance. It also offers electronic banking and business banking. It has approximately 120 outlets and over 230 automated teller machines.

LOCATION

Barclays Bank of Kenya Ltd

Barclays Westend Building

Off Waiyaki Way,

PO Box 30120

NAIROBI 00100

Kenya

PHONE

+254 204254000

WEBSITE

http://www.barclays.co.ke/

Barclays Bank

Barclays Bank Income Statement


Period Ending 31 Dec 2015 31 Dec 2014
Shs’ 000,000 Shs’ 000,000
Interest Income 25,286 22,941
Interest Expense (4,875) (3,337)
Net Interest Income 20,411 19,604
Fee and commission income 7,609 7,189
Fee and commission expense (959) (825)
Net fee and commission income 6,650 6,364
Net foreign exchange income 2 487 2 042
Net (loss)/income from financial instruments at fair value through profit or loss (453) 266
Other operating income 367 12
29 462 28 288
Provision for impairment of loans and advances to customers (1 766) (1 405)
Net operating income 27 696 26 883
Employee benefits (9 305) (8 100)
Infrastructure costs (1 617) (1 432)
Administration and general expenses (3 646) (3 988)
Depreciation of property and equipment (487) (487)
Amortisation of intangible assets (567) (583)
Operating expenses (15 622) (14 590)
Profit before income tax 12 074 12 293
Income tax expense (3 673) (3 906)
Profit for the year 8 401 8 387
Revenue
Other comprehensive income Items that will not be reclassified subsequently to profit or loss:
Remeasurement of post-employment benefit obligation 79 49
Items that may be reclassified subsequently to profit or loss:
Available-for-sale financial assets
Fair value (loss)/gain (935) 133
Deferred income tax 281 93
(654) 93
Other comprehensive (loss)/gain for the year, net of tax (575) 142
Total comprehensive income for the year, net of tax 7 826 8 529
Earnings per share
Basic and diluted (Shillings per share) 1.55 1.54

Barclays Bank Balance Sheet


Period Ending 31 Dec 2015 31 Dec 2014
Shs’000,000 Shs’ 000,000
ASSETS
Cash and balances with Central Bank of Kenya 18 180 24 568
Financial assets at fair value through profit or loss 2 245 6 133
Financial assets available-for-sale 45 806 51 033
Deposits and balances due from banking institutions 2165 083 53 1 207
Due from group companies 13 951 4 755
Loans and advances to customers 145 379 125 423
Other assets and prepaid expenses 8 830 6 589
Current income tax 134 396
Deferred income tax 475 254
Property and equipment 3 258 2 847
Intangible assets 2 054 2 490
Prepaid operating lease rentals 56 57
Retirement benefit asset 256 89
Total assets 240 877 225 841
LIABILITIES
Financial liabilities at fair value through profit or loss 42 36
Deposits and balances due to banking institutions 187 121
Due to group companies 22 684 13 291
Due to group companies 22 684 13 291
Customer deposits 165 083 164 504
Borrowings 5 133 2 117
Other liabilities and accrued expenses 8 032 7 417
Total Liabilities 201 161 187 486
EQUITY
Share capital 2 716 2 716
Other reserves (739) (138)
Regulatory reserve 927 432
Retained earnings 32 467 29 913
Proposed dividend 4 345 5 432
Total Equity 39 716 38 355
Total equity and liabilities 240 877 225 841

Consolidated and Bank Statement of Cash Flows


Period Ended 31 Dec 2015 31 Dec 2014
CASH FLOW FROM OPERATING ACTIVITIES
Cash (used in)/generated from operations (19 539) 851
Interest received 23 452 21 858
Interest paid (4 215) (2 924)
Income taxes paid (3 351) (3 722)
Net cash (used in)/generated from operating activities (3 653) 16 063
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of property and equipment (1 012) (683)
Purchase of intangible assets (17) (80)
Net cash used in investing activities (1 029) (763)
CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from borrowings 5 133
Repayment of borrowings (2 117) (992)
Dividends paid (6 518) (2 716)
Net cash used in financing activities (3 502) (3 708)
Net (decrease)/increase in cash and cash equivalents (8 184) 11 592
Cash and cash equivalents at start of the year 16 196 4 604
Cash and cash equivalents at end of the year 8 012 16 196

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