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annual-report
2004EC

Annual Report 2004 E.C. (2011/12)

Addis International Bank
Disclosure summary

Addis International Bank's first annual report, covering the period June 2011 to June 2012 (year ended 30 June 2012), the Bank's first year of banking operations. The Board of Directors' report states that the Bank mobilised total deposits of Birr 211.4 million, that total assets at the end of June 2012 stood at Birr 424 million and total capital at Birr 162.4 million, and that gross profit stood at Birr 9.3 million and net profit at Birr 7.3 million. The financial-statements section is a scanned insert with no extractable text; read as a rendered image, the independent auditors' report of Kokeb Moges & Co., Chartered Certified Accountants (UK), is dated Addis Ababa, 23 August 2012. The balance sheet carries no board authorisation date, so the auditors' report date is used as the publication date (the PDF's own CreationDate, 10 May 2013, reflects a later re-export). This report is not published on the Bank's current site; it was recovered from the Internet Archive capture of the former WordPress site at addisbanksc.com/wp-content/uploads/Annual%20Report%202011-12.pdf.

Disclosure details
Type
annual-report
Fiscal year
2004EC
Published
Language
English
Pages
36
File size
2.8 MB
Source checked