• Five Year Financial Review - Current Cost 2000 1 Profits Profit before taxation ($000) Profit after taxation ($000) Net provi
• Five Year Financial Review - Current Cost 1600 1400 1200 V1 1535 - 1476 200 46 - 37 r- 180 160 140 120 107 0 z ::J 1000 26 r-
• Five Year Financial Review - Historical Cost PROFIT AFTER TAX ($m) RETURN ON SHAREHOLDERS' EQUITY (%) EARNINGS PER SHARE ( CE
• Analysis of shareholders ~ ~ Range (Number of shares held) Individual holders Other holders Total holders Percent 1 - 500 501
• Shareholders' Notice & Diary Notice is hereby given that the Twentieth Annual General Meeting of Shareholders will be held in
of Directors BARCLA YS BANK OF ZIMBABWE LIMITED BOARD OF DIRECTORS AS AT 31 DECEMBER 2000 Mr D M Zamchlya Mr K D Kirkman Mr A C
• Information On The Directors ChaIrman and Non-ExecutIve Director. Born In 1940. ed the Board on 28 August 1990 15 a legal Q O
Execu Bo In 1965 10ned the Boa 000 after being appointed as th Bank's F an eO ector 10lned Barclays In 199 on 21 November ha ng
• Information On The Directors Non-Executive Director. Born in 1935. Joined the rd on 28 February 1989. Has a BSc n Agronomy a
adjustment In my statement for the year ended for 2000 was $1,336.0m 10 compared to $1,031.3m after tax of $l,47S.5m recorded 3
a pre-tax profit of $151 m compared to a loss of $78m in 1999. This of performance balance sheet. reflects the impact A total o
A savings deposit campaign was launched in response to customer survey results where customers highlighted the need to put in p
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business visitors increased from South Africa from billion at the end of 1999 to Z$160 billion at the end of 2000, an average r
revenues and expenditures, between has left many with the belief that they now have excess stocks of materials. Under these con
• Report of the Directors The Directors have pleasure in submitting their report to shareholders for the financial year ended 3
• Report of the Directors On 21 November 2000 Mr W Muchingami was appointed to the Board as a consequence of his appointment to
• Capital Adequacy Capital adequacy explained The Bank monitors its capital adequacy using ratios established by the Reserve Ba
• Income Statement For the year ended 31 December 2000 Current Cost The Group NOTES 2000 $000 7,228,319 (2,783,113) 4,445,206 1
• Income Statement For the year ended 31 December 2000 The Group 2000 $000 Interest income Interest expense Net interest income
• Balance Sheet As at 31 December 2000 The Group NOTES Assets Cash and balances with the Central Bank Treasury bills Due from o
• Balance Sheet As at 31 December 2000 Historical Cost The Group 2000 $000 Assets Cash and balances with the Central Bank Treas
• Group Statement of Changes in Equity Current Cost Share Capital $000 Balance at 1 January 1999 As previously reported Effects
• Group Cashflow Statement ! For the year ended 31 December 2000 ., Current Cost 2000 $000 Net cash flow from operating activit
• Business Segments Primary segment information Year ended 31 December 2000 - Current Cost Retail and Corporate Banking $000 Op
• Notes To The Financial Statements The main business of the Group, all the companies of which are incorporated in Zimbabwe, co
• Notes To The Financial Statements 7. Taxation The Group 2000 $000 7.1 Income statement charge Current income tax Prior year u
• Notes To The Financial Statements The calculation of basic earnings per share is based on profit after taxation of $1,4 75,50
• Notes To The Financial Statements 11.Loans and advances to customers The Group 2000 $000 Loans and advances to customers: The
The Group 2000 $000 Total non performing loans and advances Less: Specific provision for doubtful debts 1,751,211 (588,301 ) (1
• Notes To The Financial Statements 12. Amounts due to and due by group banks As at 31 December 2000 the bank held the followin
• Notes To The Financial Statements 17 Property and equipment - The Group Land Buildings Computers Other equipment Furniture an
• Notes To The Financial Statements 17.1 Property and equipment - The Bank Land Buildings $000 293,761 338 Computers $000 268,8
• Notes To The Financial Statements to .i 18. Customer deposits including other banks The Group The Bank 2000 $000 Balances wit
• Notes To The Financial Statements 21. Reserves 2000 $000 Adjustment to share capital Share premium Statutory reserves 2,397,7
• Notes To The Financial Statements -, j.2.2 Local currency accounts £<t31 December 2000 The Group Up to 1 month Noninterest be
• Notes To The Financial Statements ~ As at 31 December 1999 Total assets Total liabilities Interest rate repricing gap Cumulat
• Notes To The Financial Statements The Group and the Bank 2000 Contingent Iiabilties Bankers acceptances Letters of credit Gua
• Notes To The Financial Statements 25. Retirement benefit obligations All eligible employees of the Bank are members of the fo
• Representation in Zimbabwe Head Office Barclays House Cnr. First Street/J. Moyo Ave Harare Merchant Banking Division Ha~re Of
Annual ~)eneral Meeting To be held in the Stewart Room at Meikles Hotel, Harare on Wednesday 25 April 2001 at 3:30pm. We would
Annual General Meetin'g I/We of _ _ being a member/members ofthe above Company and entitled to vote(s) hereby appoint of or fai