IKPE ANNANG COMMUNITY BANK NIGERIA LTD

                                   ...........................Five year financial summary
                                                                                    
                                                                             
                                              2006            2005            2004               2003            2002
                                                  N                   N                   N                     N                  N                 

 Cash & short term funds    4, 655,444       2,676,3`4         306,902            556,774           1,359,096
Loans $  Advances              23,217,841      4,626,137        59,400             4,068,417         9,239,919
Investments                          1,397,268        -                       -                       -                       -
Other Assets                         4,040,247        1,720,178        1,053,469        2,563,362        1,842,047
Fixed  Assets                         917,086           747,100           65,625             74,102             83,729
                                            34,227,886      9,769,729        1,485,396       7,262,655           12,424,788
                       
                         

 

 

  Liabilities;
                          
Deposit and other Accounts   34,282,117      12,656,658      3,564,814        3,238,832               6,331,216
   Other Liabilities,                     2,996,743        466,743           505,082           950,054              1,062,733
                                                 37,278,860      13,123,401      4,069,896        4,188,886            7,393,949
                          
   Share Capital                          5,000,000        5,000,000        5,000,000        5,000,000            5,000,000
Profit/(Loss)  balance             (8,050,974)      (8,353,672)      (7,584,500)      (1,926,231)              130,839
                                              (3,050,974)     (3,353,672)      (2,584,500)      (3,073,769)           5,130,839

Gross Earnings                          1 2,381,843    1,545,136        451,497           314,502                    491,981
Profit /(Loss) before  tax........302,698           (768,172)         (5,658,269)      (2,057,070)             (137,99)
  Taxation                                              -                        -                       -                                -               -
   Profit/(Loss) after taxation     302,698         (769,172)         (5,658,269)     2,057,070)    .......  (137,979)