dfcu Limited (UGSE:DFCU)

dfcu Limited Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	191,318	346,824	339,058	347,311	335,187
Interest Income on Investments	170,248	2,840	4,306	7,488	8,635
Total Interest Income	361,566	349,664	343,364	354,799	343,822
Interest Paid on Deposits	84,379	91,978	74,577	81,509	110,434
Interest Paid on Borrowings	9,890	-	-	-	-
Total Interest Expense	94,269	91,978	74,577	81,509	110,434
Net Interest Income	267,297	257,686	268,787	273,290	233,388
Net Interest Income Growth (YoY)	3.73%	-4.13%	-1.65%	17.10%	6.04%
Income From Trading Activities	-	19,823	24,980	30,835	19,597
Gain (Loss) on Sale of Investments	-	-3,381	-4,930	-30,861	-50,488
Other Non-Interest Income	93,339	79,667	63,146	64,502	51,259
Total Non-Interest Income	93,339	96,109	83,196	64,476	20,368
Non-Interest Income Growth (YoY)	-2.88%	15.52%	29.03%	216.56%	-74.98%
Revenues Before Loan Losses	360,636	353,795	351,983	337,766	253,756
Provision for Loan Losses	-12,007	82,714	88,190	148,358	30,632
Revenue	372,643	271,081	263,793	189,408	223,124
Revenue Growth (YoY)	37.47%	2.76%	39.27%	-15.11%	-22.18%
Salaries and Employee Benefits	-	88,805	69,232	55,701	60,938
Occupancy Expenses	-	29,821	26,431	30,952	37,325
Amortization of Goodwill & Intangibles	-	6,910	9,128	12,026	13,700
Selling, General & Administrative	-	85,131	83,809	51,839	38,046
Other Non-Interest Expense	293,380	37,336	39,841	33,005	26,347
Total Non-Interest Expense	293,380	248,003	228,441	183,523	176,356
EBT Excluding Unusual Items	79,263	23,078	35,352	5,885	46,768
Asset Writedown	-	-	-	-	-15,283
Pretax Income	79,263	23,078	35,352	5,885	31,485
Income Tax Expense	7,176	-5,642	5,876	-3,427	7,408
Net Income	72,087	28,720	29,476	9,312	24,077
Net Income to Common	72,087	28,720	29,476	9,312	24,077
Net Income Growth	151.00%	-2.56%	216.54%	-61.32%	-67.20%
Basic Shares Outstanding	748	748	748	748	748
Diluted Shares Outstanding	748	748	748	748	748
Shares Change (YoY)	0.01%	-	-	-	-
EPS (Basic)	96.35	38.39	39.40	12.45	32.18
EPS (Diluted)	96.35	38.39	39.40	12.45	32.18
EPS Growth	150.99%	-2.56%	216.54%	-61.32%	-67.20%
Dividend Per Share	20.090	9.100	8.190	-	17.380
Dividend Growth	120.77%	11.11%	-	-	-
Effective Tax Rate	9.05%	-	16.62%	-	23.53%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.