MUCOBA BANKPLCP. O. Box | 47, T el. 026-27 7 2165, F ax 02 6-27 7 207 5

Mafinga, Tanzania.

Report of condition of financial institution published pursuant to section 32 (3) of the Banking and Financial lnstitutions Act, 2006

BALANCE SHEET AS AT 3OTH SEPT 2016

(Amounts in Millions shs)

Current Quarter Previous Quarter30l0912076 30106120L6

A. ASSETS

L Cash 701 7L92 Balance with Bank of Tanzania 5 0

3 lnvestments in Government securities 0 0

4 Balance with other banks and financial institutions 2,458 2,7945 lheques and items for clearing 0 0

6 lnter branch float items 0 0

7 Bills negotiated 0 0

8 :ustomers' liabilities for acceptances 0 0

9 lnterbank loans receivables 0 0

10 lnvestments in other securities 0 0

11 Loans, advances and overdrafts (net of allowances 0 0

for probable losses) 13,085 L2,367t2 Other assets 3,063 3,4771: Equitv lnvestments 0 0

1 Underwritins accounts 0 0

15 Propertv, Plant and Equioment 531 4971 TOTAL ASSETS 19,844 19,854

B, LIABILITIESL7 Deposits from other banks and financial institutions 3 3

18 :ustomer deposits t4,878 L4,26119 lash letters of credit 0 0

20 Special deposits 135 135

21 )avment orders/transfers pavable 0 0

22 Bankers' cheques and drafts issued 0 0

23 Accrued taxes and expenses payable 0 t2424 \cceotances outstandins 0 0

25 nterbranch float items 0 0

26 Unearned income and other deferred charges 0 0

27 Other liabilities s00 46228 Borrowings 925;, 1,000

29 TOTAL LIABILITIES 16,44t 15,985

3C NET ASSETS/L|ABIL|T|ES (16 minus 29) 3-4q3 3,869

C. SHAREHOLDERS'FUNDS

31 Paid up share capital . ).o?9 2,039

32 lapital reserves (capital Grants) L1.7 t45'33 Retained earninss 335 935

34 Profit (Loss) account 289 727

35 Other capital accounts 623 623

36 Minority lnterest 0

31 TOTAL SHAREHOLDERS' FUNDS 3,403 3,869

3€ Continsent liabilities 0 0

3g Non performing loans and advances 1,044 8664C Allowances for probable losses 911 3114t Other non performins assets 0 0

D. SELECTED FINANCIAL CONDITION INDICATORS(i) Shareholders Funds to total assets L7.1.5% t9.49%

i) Non oerformins loans to total sross loans 7.460/o 6.83%

liii) Gross loans and advances to total deposits 93.21Yo 88.05%

liv) Loans and Advances to total assets 65.94% 62.29%

v) Earnine Assets to Total Assets 78.33% 76.36%

vi) Deoosits Growth 4.29% 1_.77%

vii) Assets erowth -0.0s% 0.47%

INCOME STATEMENT FOR THE PERIOD ENDED 3OTH SEPT 2015

Amounts in Mtlltons

Current Comparative Current Year Comparative

Quarter quarter Cumulative Year Cumulative(Previous Yearl {Previous Year)

3010912016 30l09l20Ls 30109120t6 30l09l20Ls1 lnterest Income 759 547 2,'J_48 1,884

2 lnterest Exoense L79 174 45L 435

3 Net lnterest lncome (1 minus 2) 580 373 1,697 1.4494 Bad debts Written-Off 0 0 0 0

5 lmpairment Losses on Loans and

Advances 0 44 45 846 Non lnterest Income 309 430 750 809

6.1 Foreign Currencv Dealings and 0 0 0 0

Iranslation Gains/Loss 0 0 0 0

2 Fees and Commissions 130 93 315 241,

3.3 Dividend lncome 0 0 0 0

6.4 Other Operating lncome 179 337 435 s687 Non lnterest Exoenses: 727 649 2,113 1,963

7.1 Salaries and Benefits 311 252 913 7887.2 Fees and Commission 24 8 60 607.3 Other Operatins Exnenses 392 389 L,140 1,1157.4 EXTRAORDINARY CREDITS AND CHARGES 0 0 0

Operating lncome/Loss 162 110 289 211

lncome Tax Provision 0 0 0 0

1C Net lncome/Loss After lncome Tax t62 110 289 21,L

LL Number of Emplovees 54 48 54 48

t2 Basic Earninss Per Share 41 66 72 127

13 Diluted Earnines Per Share 0 0 0 0

t4 Number of Branches 1 1 1 1

SELECTED PERFORMANCE INDICATORS'i) Return on Average Total Assets 0.82o/o '6.ssvo 1.46% 1.06%iii) Return on Average Shareholders'Funds 4.46% 5.69% 7.95% 10.91o/o

(iii) Non lnterest Expense to Gross lncome 68.07o/o 66.430/o 72.91o/o 72.89%(iv) Net Interest lncome to Averase

EarninR Assets 4.010/L 2.79% 7.26% 10.84o/o

CASH FLOW STATEMENT FOR THE QUARTER ENDED 3OTH SEPT 2015

Nome ond Title

Ben Mahenge ..........Chief Executive Officer

Dote

25th Oct,2016

25th Oct, 2016Job Malekela ... ..Head of Finance

t*

(Amounts in million shillinqs)

Current Quarter Previous Quarter30l09l2OL6 3010612016

Cash flow from operatiils activities:\et income (loss) 289 127

\diustments for:- lmpairment/Amortization 143 0- Net chanse in Loans and Advances -7L9 -558- Gain/Loss on Sale of Assets 0 0- Net chanse in Deoosits 617 2s0- Net change in Short Term NesotiableSecurities 0 0- Net chanse in Other Liabilities -85 110- Net chanee in Other Assets 4t4 -294- Tax Paid 0 -46- Others (specify) -854 -L44Net cash provided (used) bv operatins activities -206 -555

lt: Cash flow from investing activities:Dividend Received 0 0Purchase of Fixed Assets -72 -45Proceeds from Sale of Fixed Assets 0 0Purchase of Non-Dealins Securities 0 0Proceeds from Sale of Non-Dealing Securities 0 0Sthers - CWIP 0 0Net cash provided (used) by investing activities -72 45

ilt Cash flow from financine activities:Repavment of LonE-term Debt 0 0Proceeds from lssuance of Lone Term Debt 0 0Proceeds from lssuance of Share Capital 0 0Payment of Cash Dividends 0 0Net Chanse in Other Borrowinss -75 -L75Sthers

Net Cash Provided (used) by Financins Actitivities -75 -175

IV Cash and Cash Equivalents:Net lncrease/(Decrease) in Cash and Cash

Equivalents -353 -775lash and Cash Equivalents at the Beginning of theXuarter 3,5L3 4,288lash and Cash Equivalents at the end of thef,.uarter 3,159 3,513

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have'been prepared in conformarrce with the instructions and are true and correct,

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Ddte

27th october, 2016

2Tm,Ocfober 2016

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Nqme

1. Marcellina Mkini

2. Golden Sanga