|
SBK
SBK
SBK - Standard Bank Group - Financial Information Provided To Industrial and
Commercial Bank of China Limited ("ICBC")
Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
South African Share Code: SBK
Namibian Share Code: SNB
ISIN: ZAE000109815
("Standard Bank Group" or "the group")
Financial Information Provided To Industrial and Commercial Bank of China
Limited ("ICBC")
Introduction
ICBC acquired a 20% shareholding in Standard Bank Group in March 2008,
consequently Standard Bank Group is required to disclose to ICBC sufficient
information to enable ICBC to equity account the group`s results on a
quarterly basis. The following consolidated financial information, prepared on
an IFRS basis, has been disclosed to ICBC for purposes of ICBC`s equity
accounting of Standard Bank Group`s results for the quarter ended 31 March
2009.
Statement of changes in ordinary shareholders` equity for the quarter ended 31
March 2009
Rm Opening Earnings Other Total
balance attributable movements
1 to ordinary for the
January shareholders period
2009
Ordinary 153 153
share capital
Ordinary 16 844 49 16 893
share premium
Foreign 5 288 (621) 4 667
currency
translation
reserve
Foreign 1 682 (207) 1 475
currency and
cash flow
hedging
reserve
Retained 59 693 2 662 *(815) 61 540
earnings
Empowerment (3 411) (250) (3 661)
reserve and
treasury
shares
Other 1 704 72 1 776
Total 81 953 2 662 (1 772) 82 843
ordinary
shareholders`
equity
*Represents the cash component of the ordinary dividend declared in March
2009.
As is customary, a trading update regarding the group`s performance for the
first four months of 2009 will be provided at the group`s annual general
meeting to be held on 28 May 2009 and will be released on the Securities
Exchange News Service of the JSE Limited on the same date.
The information contained in this announcement has not been reviewed by or
reported on by the group`s auditors.
Johannesburg
21 April 2009
Lead Sponsor
Standard Bank
Independent sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 21/04/2009 07:30:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
