Zenith Bank PLC

Net Asset Value • Sep 30, 2015

National Storage Mechanism | Additional information NAME OF COMPANY: ZENITH BANK PLC AND ITS SUBSIDIARIES DATE: 23 October 2015.PERIOD: 30 September 2015.Statement of Comprehensive Income "Turnover/Revenue Unaudited 30/09/2015 (N�m) 336,853 Unaudited 30/09/2014 (N�m) 273,738 Interest and similar incomes Unaudited 30/09/2015 (N�m) 256,737 Unaudited 30/09/2014 (N�m) 213,011 Interest and similar expense Unaudited 30/09/2015 (N�m) (95,337) (N�m) Unaudited 30/09/2014 (N�m) (69,644) Impairment for credit losses Unaudited 30/09/2015 (N�m) (9,725) Unaudited 30/09/2014 (N�m) (4,882) Fees and Commission income Unaudited 30/09/2015 (N�m) 54,500 Unaudited 30/09/2014 (N�m) 49,919 Trading income Unaudited 30/09/2015 (N�m) 15,914 Unaudited 30/09/2014 (N�m) 9,183 Other Operating Income Unaudited 30/09/2015 (N�m) 9,702 Unaudited 30/09/2014 (N�m) 1,373 Share of Profit of Associate Unaudited 30/09/2015 (N�m) 206 Unaudited 30/09/2014 (N�m) 324 Operating Expenses Unaudited 30/06/2015 (N�m) (127,945) Unaudited 30/09/2014(N�m) (112,466) Profit before Tax Unaudited 30/09/2015 (N�m) 104,052 Unaudited 30/09/2014 (N�m) 86,818 Taxation Unaudited 30/09/2015 (N�m) (20,965) Unaudited 30/09/2014 (N�m) (15,772) Profit after Tax Unaudited 30/09/2015 (N�m) 83,087 Unaudited 30/09/2014 (N�m) 71,046 Earnings Per Share Unaudited (k) Basic 30/09/2015 264k Unaudited 30/09/2014 226k Earnings per Share Unaudited (k) Diluted 30/09/2015 264k Unaudited 30/09/2014 226k" Statement of Financial Position "Property, Plant & Equipment Unaudited 30/09/2015 (N�m) 76,275 Audited 31/12/2014 (N�m) 71,571 Intangible Assets Unaudited 30/09/2015 (N�m) 2,677 Audited 31/12/2014 (N�m) 2,202 Loans and Advances Unaudited 30/09/2015 (N�m) 1,841,392 Audited 31/12/2014 (N�m) 1,729,507 Investment Securities Unaudited 30/09/2015 (N�m) 205,484 Audited 31/12/2014 (N�m) 200,079 Investment in associates Unaudited 30/09/2015 (N�m) 508 Audited 31/12/2014 (N�m) 302 Deferred Tax assets Unaudited 30/09/2015 (N�m) 3,790 Audited 31/12/2014 (N�m) 6,449 Cash and balances with central banks Unaudited 30/09/2015 (N�m) 565,124 Audited 31/12/2014 (N�m) 752,580 Assets pledged as collateral Unaudited 30/09/2015 (N�m) 263,027 Audited 31/12/2014 (N�m) 151,746 Treasury bills Unaudited 30/09/2015 (N�m) 356,853 Audited 31/12/2014 (N�m) 295,397 Due from other banks Unaudited 30/09/2015 (N�m) 472,590 Audited 31/12/2014 (N�m) 506,568 Other Assets Unaudited 30/09/2015 (N�m) 38,349 Audited 31/12/2014 (N�m) 21,455 Derivative assets held for risk management Unaudited 30/09/2015(N�m) 15,790 Audited 31/12/2014(N�m) 17,408 Total Assets Unaudited 30/09/2015 (N�m) 3,841,859 Audited 31/12/2014(N�m) 3,755,264 Customers� Deposits Unaudited 30/09/2015 (N�m) 2,521,828 Audited 31/12/2014(N�m) 2,537,311 Derivative Liabilities Unaudited 30/09/2015 (N�m) 333 Audited 31/12/2014 (N�m) 6,073 Current Tax Liabilities Unaudited 30/09/2015 (N�m) 3,627 Unaudited 31/12/2014 (N�m) 10,042 Other Liabilities Unaudited 30/09/2015 (N�m) 300,524 Audited 31/12/2014 (N�m) 289,858 On-lending Facilities Unaudited 30/09/2015 (N�m) 105,752 Audited 31/12/2014 (N�m) 68,344 Long term Borrowings Unaudited 30/09/2015 (N�m) 237,049 Audited 31/12/2014 (N�m) 198,066 Debt Securities Unaudited 30/09/2015 (N�m) 101,209 Audited 31/12/2014 (N�m) 92,932 Deferred Tax Liabilities Unaudited 30/09/2015 (N�m) 36 Audited 31/12/2014(N�m) Nil " �Total Liabilities Unaudited 30/09/2015 (N�m) 3,270,358 Audited 31/12/2014(N�m) 3,202,626 Net Assets Unaudited 30/09/2015 (N�m) 571,501 Audited 31/12/2014 (N�m) 552,638." Statement of Cash Flows "Cash flow from operating activities: Profit After Tax adjusted for non-cash items Unaudited 30/09/2015 (N�m) (42,081) Unaudited 30/09/2014 (N�m) (45,658)Operating Cash Flow Changes: Working Capital Changes Unaudited 30/09/2015 (N�m) (393,778) Unaudited 30/09/2014(N�m) (353,446) Net Cash Generated from Operating Activities Unaudited 30/09/2015 (N�m) (257,551 Unaudited 30/09/2014(N�m) (240,408) Cash Flow From Investing Activities Unaudited 30/09/2015(N�m) (17,054) Unaudited 30/09/2014 (N�m) 5,362 Cash Flow From Financing Activities Unaudited 30/09/2015(N�m) 21,876 Unaudited 30/09/2014 (N�m) 127,021 Net Increase/Decrease Cash and Cash Equivalent Unaudited 30/09/2015(N�m) (252,729) Unaudited 30/09/2014 (N�m) (108,025) Cash and Cash Equivalent Beginning of the Year Unaudited 30/09/2015(N�m) 965,723 Unaudited 30/09/2014 (N�m) 866,721 Cash and Cash Equivalent from discontinued operations Unaudited 30/09/2015(N�m) Nil Unaudited 30/09/2014 (N�m) 23,451 Effect of exchange rate movement on cash balances Unaudited 30/09/2015(N�m) 591 Unaudited 30/09/2014 (N�m) (1,583) Cash and Cash Equivalent at End of the Year Unaudited 30/09/2015(N�m) 713,585 Unaudited 30/09/2014 (N�m) 780,564" Corporate Actions �Proposed Dividend Unaudited 30/09/2015 (N�m) Nil Unaudited 30/09/2014 (N�m) NilDividend per Share Qualification Date Closure Date -Payment date - AGM Date - �