CONDENSED STATEMENT OF FINANCIAL POSITION

AS AT 30 SEPTEMBER, 2024
GROUP BANK GROUP BANK
Current Quarter Previous Quarter Current Quarter Previous Quarter Current Previous Current Previous
30.09.2024 30.06.2024 30.09.2024 30.06.2024 Quarter Quarter Quarter Quarter
30.09.2024 30.06.2024 30.09.2024 30.06.2024
A. ASSETS C. SHAREHOLDERS' FUNDS
1 Cash 553,932 467,038 553,932 467,038 31 Paid up share capital 20,000 20,000 20,000 20,000
2 Balances with Bank of Tanzania 1,013,306 794,218 1,013,306 794,218
32 Capital reserves - - - -
3 Investments in Government securities 2,172,575 2,212,367 2,172,575 2,212,367
4 Balances with other banks and financial institutions 292,433 484,133 292,433 484,133 33 Retained earnings 1,885,996 1,885,996 1,881,528 1,881,528
5 Cheques and items for clearing 24,805 224 24,805 224 34 Profit(Loss) account 475,921 314,176 474,024 312,940
6 Inter branch float items - - - - 35 Other capital accounts 3,025 437 3,025 437
7 Bills negotiated 13,287 657 13,287 657
36 Minority interest 4,441 4,441 - -
8 Customers' liabitities for acceptances - - - -
9 Interbank loans receivables 400,189 288,022 400,189 288,022 37 TOTAL SHAREHOLDERS' FUNDS 2,389,383 2,225,050 2,378,577 2,214,905
10 Investments in other securities 11,905 9,660 11,905 9,660
11 Loans, advances and overdrafts - - - -
38 Contingent liabilities 2,485,025 2,369,370 2,485,025 2,369,370
(net of allowances for probable losses) 8,364,764 8,124,264 8,364,764 8,124,264
12 Other assets 345,467 383,831 335,181 374,103 39 Non performing loans & advances 260,516 234,183 260,516 234,183
13 Equity investments 4,234 4,234 43,872 43,872
14 Underwriting accounts - - - - 40 Allowances for probable losses 263,782 239,277 263,782 239,277
15 Property, Plant and equipment 197,316 197,712 205,112 206,957
41 Other non performing assets 3,625 9,516 3,625 9,516
16 TOTAL ASSETS 13,394,213 12,966,360 13,431,361 13,005,515

B. LIABILITIES D SELECTED FINANCIAL CONDITION INDICATORS

17 Deposits from other banks and financial institutions 60,401 58,928 60,401 58,928
(i) Shareholders Funds to total assets 18% 17% 18% 17%
18 Customer deposits 9,022,435 8,894,846 9,035,504 8,908,243
19 Cash letters of credit 82,340 43,559 82,340 43,559
(ii) Non performing loans to total gross loans 3.0% 2.8% 3.0% 2.8%
20 Special Deposits 41,997 46,469 41,997 46,469
21 Payment orders/transfers payable - - - -
(iii) Gross loans and advances to total deposits 94% 93% 94% 93%
22 Bankers' cheques and drafts issued 1,891 1,895 1,891 1,895
23 Accrued taxes and expenses payable 138,332 107,728 134,898 104,310
(iv) Loans and advances to total assets 62% 63% 62% 62%
24 Acceptances outstanding - - - -
25 Inter branch float items 323 3,365 323 3,365
(v) Earnings assets to total Assets 82% 82% 82% 82%
26 Unearned income and other deferred charges 65,606 62,745 65,606 62,745
27 Other liabilities 106,150 125,058 144,469 164,379
(vi) Deposits growth 2% 6% 2% 6%
28 Borrowings 1,485,355 1,396,717 1,485,355 1,396,717
29 TOTAL LIABILITIES 11,004,830 10,741,310 11,052,784 10,790,610
(vii) Assets growth 3% 4% 3% 4%
30 NET ASSETS /(LIABILITIES) 2,389,383 2,225,050 2,378,577 2,214,905

+16 +19

GROUP BANK GROUP BANK GROUP BANK GROUP BANK

Comparative Comparative Comparative Comparative

Current Comparative Current Comparative Current Year Current Year Current Comparative Current Comparative Current Year Current Year
Year Year Year Year
Quarter Quarter Quarter Quarter Cummulative Cummulative Quarter Quarter Quarter Quarter Cummulative Cummulative
Cummulative Cummulative Cummulative Cummulative
30.09.24 30.09.23 30.09.24 30.09.23 30.09.24 30.09.24 30.09.24 30.09.23 30.09.24 30.09.23 30.09.24 30.09.24
30.09.23 30.09.23 30.09.23 30.09.23

1 Interest income 344,972 301,649 344,972 301,649 1,010,552 861,958 1,010,552 861,958
2 Interest expense (79,815) (62,136) (79,815) (62,136) (231,568) (170,298) (231,568) (170,298) 12 Number of employees 3,847 3,629 3,847 3,629 3,847 3,629 3,847 3,629

3 Net interest income (1minus2) 265,157 239,513 265,157 239,513 778,984 691,660 778,984 691,660
4 Bad debts written off - - - - - - - - 13 Basic earnings per share 1,294 1,091 1,289 1,085 1,264 1,062 1,264 1,056
Impairment Losses on Loans
5 (25,145) (21,948) (25,145) (21,948) (76,003) (62,832) (76,003) (62,832)
and Advances
6 Non interest income: 149,141 116,344 149,148 116,351 429,683 334,405 429,704 333,872
14 Diluted earnings per share 1,294 1,091 1,289 1,085 1,264 1,062 1,264 1,056
6.1 Foreign currency dealings
27,052 14,955 27,052 14,955 93,658 51,236 93,658 51,236
and translation gain/(loss)
6.2 Fee and commisions 116,134 92,100 116,134 92,100 317,431 260,205 317,431 260,205 15 Number of branches 240 231 240 231 240 231 240 231
6.3 Dividend income 65 55 65 55 65 55 65 55
6.4 Other operating income 5,890 9,234 5,897 9,241 18,529 22,909 18,550 22,376
7 Non interest expense: (153,052) (139,268) (154,003) (140,250) (445,834) (394,315) (448,599) (397,171)
7.1 Salaries and benefits (85,952) (75,741) (85,952) (75,741) (246,965) (222,793) (246,965) (222,793) SELECTED PERFORMANCE
7.2 Fees and commissions (1,491) (3,746) (1,491) (3,746) (6,560) (11,487) (6,560) (11,487) INDICATORS
7.3 Other operating expenses (65,609) (59,781) (66,560) (60,763) (192,309) (160,035) (195,074) (162,891)
(i) Return on average total 5% 5% 5% 5% 5% 5% 5% 5%
8 Operating income/(loss) 236,101 194,641 235,157 193,666 686,830 568,918 684,086 565,529 assets
9 Income tax provision (74,356) (58,325) (74,075) (58,100) (210,909) (170,504) (210,062) (169,659)
(ii) Return on average 28% 28% 28% 29% 28% 27% 28% 29%
Net income(loss)after
10 161,745 136,316 161,082 135,566 475,921 398,414 474,024 395,870 shareholders funds
income tax
Other comprehensive income,
(iii) Non interest expense to 37% 39% 38% 39% 37% 38% 38% 39%
11 net of tax Fair value gain/ (loss) 2,588 (83) 2,588 (83) 1,475 (791) 1,475 (791)
gross income
on FVOCI – net of tax
Total comprehensive income (iv) Net interest income to 9% 10% 9% 10% 10% 9% 10% 10%
164,333 136,233 163,670 135,483 477,396 397,623 475,499 395,079
for the year average earning assets

www.nmbbank.co.tz
 Issued pursuant to regulations 7 and 8 of the Banking and Financial Institutions (Disclosures) Regulations, 2014

NMB BANK PLC

STATEMENT OF CASH FLOW
FOR THE PERIOD ENDED 30 SEPTEMBER, 2024
GROUP BANK GROUP BANK GROUP BANK GROUP BANK
Current Previous Current Previous Current Year Previous Year Current Year Previous Year Current Previous Current Previous Current Year Previous Year Current Year Previous Year
Quarter Quarter Quarter Quarter Cummulative Cummulative Cummulative Cummulative Quarter Quarter Quarter Quarter Cummulative Cummulative Cummulative Cummulative
30.09.2024 30.06.2024 30.09.2024 30.06.2024 30.09.2024 30.09.2023 30.09.2024 30.09.2023 30.09.2024 30.06.2024 30.09.2024 30.06.2024 30.09.2024 30.09.2023 30.09.2024 30.09.2023
I: Cash flow from
III: Cash Flow from
Financing activities:
Operating activities:
Net income(loss) 236,101 221,626 235,157 220,718 686,830 568,918 684,084 565,528 Repayment of long-term - - - - - - - -
Adjustment for: debt
- Impairment/amortization 8,341 9,982 9,905 7,861 27,425 24,466 27,281 25,837 Proceeds from issuance of - - - - - - - -
long term debt
- Net change in loans and
(240,500) (266,718) (240,500) (266,718) (657,839) (988,532) (657,839) (988,532) Proceeds from issuance of
advances - - - - - - - -
share capital
- Gain/loss on sale of assets - - - - - - - -
- Net change in deposits 163,371 496,603 163,043 497,225 776,518 678,709 780,517 682,773 Payment of cash
- (180,590) - (180,590) (180,590) (143,125) (180,590) (143,125)
dividends
- Net change in short term
negotiable - - - - - - - - Net change in other 88,638 30,733 88,638 30,733 104,318 268,732 104,318 268,732
securities borrowings
- Net change in other Others (Specify) - - - - - - - -
11,511 10,010 10,495 11,070 37,009 91,529 30,743 86,882
liabilities Net cash provided
- Net change in other assets 14,019 (47,911) 14,577 (46,730) (45,037) 40,457 (40,378) 42,846 (used) by financing 88,638 (149,857) 88,638 (149,857) (76,272) 125,607 (76,272) 125,607
- Tax paid (74,477) (80,349) (74,311) (80,183) (221,164) (192,655) (220,666) (192,442) activities
- Others 53,055 (64,279) 53,055 (64,279) (57,111) (5,030) (57,111) (5,030)
Net cash provided (used)
171,421 278,964 171,421 278,964 546,631 217,862 546,631 217,862
by operating activities

II. Cash flow from IV: Cash and Cash

equivalents:
Investing activities:
Dividends received - - - - - - - -
Net increase/(decrease) in
Purchase of fixed assets (8,060) (8,178) (8,060) (8,178) (21,303) (28,234) (21,303) (28,234) 292,134 99,565 292,134 99,565 538,343 (197,168) 538,343 (197,168)
cash and cash
Proceeds from sale of fixed equivalents
- - - - - - - -
assets
Purchase of non-dealing
- - - - - - - -
securities Cash and cash equivalents at
1,418,411 1,318,846 1,418,411 1,318,846 1,172,202 1,277,542 1,172,202 1,277,542
Proceeds from sale of the beginning of
- - - - - - - -
non-dealing securities the period
Others-(Equity investment
40,135 (21,364) 40,135 (21,364) 89,287 (512,403) 89,287 (512,403)
and Securities) Cash and cash
Net cash provided (used) equivalents at the end of 1,710,545 1,418,411 1,710,545 1,418,411 1,710,545 1,080,374 1,710,545 1,080,374
32,075 (29,542) 32,075 (29,542) 67,984 (540,637) 67,984 (540,637)
by investing activities the period

CONDENSED GROUP STATEMENT OF CHANGES IN EQUITY CONDENSED BANK’S STATEMENT OF CHANGES IN EQUITY
AS AT 30 SEPTEMBER 2024 AS AT 30 SEPTEMBER 2024
General General
Share Share Retained Regulatory Others (Fair Share Share Retained Regulatory Others (Fair
Provision Total Provision Total
Capital Premium Earnings Reserve Valuation) Capital Premium Earnings Reserve Valuation)
Reserve Reserve
Current Year 30 September 2024 Current Year 30 September 2024
Balance as at the beginning of the year 20,000 - 2,066,586 - - 5,991 2,092,577 Balance as at the beginning of the year 20,000 - 2,062,118 - - 1,550 2,083,668
Profit for the year - - 475,921 - - - 475,921 Profit for the year - - 474,024 - - - 474,024
Other Comprehensive Income - - - - - 1,475 1,475 Other Comprehensive Income - - - - - 1,475 1,475
Transactions with owners - - - - - - - Transactions with owners - - - - - - -
Dividends Paid - - (180,590) - - - (180,590) Dividends Paid - - (180,590) - - - (180,590)
Regulatory Reserve - - - - - - - Regulatory Reserve - - - - - - -
General Provision Reserve - - - - - - - General Provision Reserve - - - - - - -
Others - - - - - - - Others - - - - - - -
Balance as at the end of the current period 20,000 - 2,361,917 - - 7,466 2,389,383 Balance as at the end of the current period 20,000 - 2,355,552 - - 3,025 2,378,577

Previous Year 31 December 2023 Previous Year 31 December 2023

Balance as at the beginning of the Year 20,000 - 1,664,821 - - 5,210 1,690,031 Balance as at the beginning of the Year 20,000 - 1,663,475 - - 1,086 1,684,561
Profit for the year - - 544,890 - - 317 545,207 Profit for the year - - 541,768 - - - 541,768
Other Comprehensive Income - - - - - 464 464 Other Comprehensive Income - - - - - 464 464
Transactions with owners - - - - - - - Transactions with owners - - - - - - -
Dividends Paid - - (143,125) - - - (143,125) Dividends Paid - - (143,125) - - - (143,125)
Regulatory Reserve - - - - - - - Regulatory Reserve - - - - - - -
General Provision Reserve - - - - - - - General Provision Reserve - - - - - - -
Others - - - - - - - Others - - - - - - -
Balance as at the end of the Previous period 20,000 - 2,066,586 - - 5,991 2,092,577 Balance as at the end of the Previous period 20,000 - 2,062,118 - - 1,550 2,083,668

In preparation of the quarterly financial statements, consistent accounting policies have been used as those applicable We, the undersigned directors, attest to the faithful representation of the above statements. We declare that the statements
to the previous year audited financial statements. have been examined by us and, to the best of our knowledge and belief, have been prepared in conformance with International
Financial Reporting Standards and the requirements of the Banking and Financial Institutions Act, 2006 and they present a true
and fair view.
Name and Title Signature Date

Ruth Zaipuna October 25, 2024 Name Signature Date

Chief Executive Officer
Dr. Edwin P. Mhede October 25, 2024
Juma Kimori October 25, 2024 Board Chairman
Chief Financial Officer
Clement Mwinuka October 25, 2024
Benedicto Baragomwa October 25, 2024 Board Director
Chief Internal Auditor

FUNGUA • WEKA
SHINDA • USHINDE
HADI TZS MILIONI Vigezo na Masharti Kuzigatiwa.

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