dfcu Limited (UGSE: DFCU)

dfcu Limited Income Statement

Financials in millions UGX. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	-	346,824	339,058	347,311	335,187	318,670
Interest Income on Investments	-	2,840	4,306	7,488	8,635	6,639
Total Interest Income	-	349,664	343,364	354,799	343,822	325,309
Interest Paid on Deposits	-	91,978	74,577	81,509	110,434	105,215
Net Interest Income	229,738	257,686	268,787	273,290	233,388	220,094
Net Interest Income Growth (YoY)	-17.94%	-4.13%	-1.65%	17.10%	6.04%	-0.49%
Income From Trading Activities	19,823	19,823	24,980	30,835	19,597	16,408
Gain (Loss) on Sale of Investments	-3,381	-3,381	-4,930	-30,861	-50,488	-10,105
Other Non-Interest Income	79,667	79,667	63,146	64,502	51,259	75,093
Total Non-Interest Income	96,109	96,109	83,196	64,476	20,368	81,396
Non-Interest Income Growth (YoY)	13.48%	15.52%	29.03%	216.56%	-74.98%	-8.05%
Revenues Before Loan Losses	325,847	353,795	351,983	337,766	253,756	301,490
Provision for Loan Losses	25,727	82,714	88,190	148,358	30,632	14,774
Revenue	300,120	271,081	263,793	189,408	223,124	286,716
Revenue Growth (YoY)	-0.44%	2.76%	39.27%	-15.11%	-22.18%	0.01%
Salaries and Employee Benefits	88,805	88,805	69,232	55,701	60,938	59,422
Occupancy Expenses	29,821	29,821	26,431	30,952	37,325	35,021
Amortization of Goodwill & Intangibles	6,910	6,910	9,128	12,026	13,700	13,891
Selling, General & Administrative	85,131	85,131	83,809	51,839	38,046	59,898
Other Non-Interest Expense	49,045	37,336	39,841	33,005	26,347	17,518
Total Non-Interest Expense	259,712	248,003	228,441	183,523	176,356	185,750
EBT Excluding Unusual Items	40,408	23,078	35,352	5,885	46,768	100,966
Asset Writedown	-	-	-	-	-15,283	-
Pretax Income	40,408	23,078	35,352	5,885	31,485	100,966
Income Tax Expense	-1,388	-5,642	5,876	-3,427	7,408	27,564
Net Income	41,796	28,720	29,476	9,312	24,077	73,402
Net Income to Common	41,796	28,720	29,476	9,312	24,077	73,402
Net Income Growth	4.40%	-2.56%	216.54%	-61.32%	-67.20%	20.51%
Basic Shares Outstanding	748	748	748	748	748	748
Diluted Shares Outstanding	748	748	748	748	748	748
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	55.87	38.39	39.40	12.45	32.18	98.11
EPS (Diluted)	55.87	38.39	39.40	12.45	32.18	98.11
EPS Growth	4.41%	-2.56%	216.54%	-61.32%	-67.20%	20.51%
Dividend Per Share	9.100	9.100	8.190	-	17.380	-
Dividend Growth	11.11%	11.11%	-	-	-	-
Effective Tax Rate	-	-	16.62%	-	23.53%	27.30%

Source: S&P Capital IQ. Banks template. Financial Sources.