UOB Annual Report 2002 - United Overseas Bank

11-Year Bank Financial Summary
2002 2001 2000 1999
(Figures in millions of Singapore dollars)
Net Profit After Tax* 1,432.0 746.6 710.1 541.5 #
Dividends** 720.4 ++ 425.6 316.3 416.1 ##
Cash, placements, balances with bankers and agents,
including group companies, government treasury bills
and securities 30,693.8 27,236.6 26,051.0 19,680.2
Investments, including subsidiaries and associates 4,803.7 11,987.9 2,232.9 2,654.0
Loans (advances & trade bills) 49,956.2 23,495.8 23,494.3 20,686.0
Fixed and other assets* 4,186.5 2,273.0 1,713.9 1,559.1
Goodwill 3,585.5 – – –
Total Assets 93,225.7 64,993.3 53,492.1 44,579.3
Represented by:
Deposits 77,319.6 49,047.9 46,718.0 38,141.5
Bills and drafts payable, and other liabilities* 3,327.6 1,723.8 1,613.4 1,810.0
Debentures, certificates of deposit, unsecured loan stock
and bonds – – – –
Debts issued 1,294.4 3,639.1 – –
Shareholders’ funds* 11,284.1 10,582.5 5,160.7 4,627.8
Total Liabilities and Shareholders’ Funds 93,225.7 64,993.3 53,492.1 44,579.3
(Figures in millions of United States dollars)
Net Profit After Tax* 824.9 403.3 410.0 324.9 #
Dividends** 415.0 ++ 229.9 182.7 249.7 ##
Cash, placements, balances with bankers and agents,
including group companies, government treasury bills
and securities 17,681.8 14,714.5 15,041.0 11,809.3
Investments, including subsidiaries and associates 2,767.2 6,476.4 1,289.2 1,592.6
Loans (advances & trade bills) 28,778.3 12,693.6 13,564.8 12,412.8
Fixed and other assets* 2,411.7 1,228.0 989.5 935.6
Goodwill 2,065.5 – – –
Total Assets 53,704.5 35,112.5 30,884.5 26,750.3
Represented by:
Deposits 44,541.5 26,498.0 26,973.4 22,887.2
Bills and drafts payable, and other liabilities* 1,916.9 931.3 931.5 1,086.1
Debentures, certificates of deposit, unsecured loan stock
and bonds – – – –
Debts issued 745.7 1,966.0 – –
Shareholders’ funds* 6,500.4 5,717.2 2,979.6 2,777.0
Total Liabilities and Shareholders’ Funds 53,704.5 35,112.5 30,884.5 26,750.3
Exchange Conversion of US$1.00 S$1.7359 S$1.8510 S$1.7320 S$1.6665
* Figures/balances prior to 2000 do not take into account the impact of adopting revised Singapore Statements of Accounting Standard (SAS) 8 and 10. Figures/
balances prior to 2001 do not take into account the impact of adopting revised SAS 12.
# Excludes extraordinary items of $280,035,000 (US$191,739,000) in 1994 and $772,791,000 (US$463,721,000) in 1999.
** Based on total interim dividend paid and proposed final dividend during the year.
++ Includes interim dividend of 18.76% less 22% income tax amounting to $230,020,000 (US$132,508,000), paid in specie of shares in Haw Par Corporation Limited.
## Includes special tax exempt bonus dividend of 25% amounting to $262,966,000 (US$157,795,000).
*** Includes special tax exempt bonus dividend of 22% amounting to $164,768,000 (US$112,816,000).
+++ Includes special bonus dividend of 10% less 27% income tax amounting to $48,406,000 (US$30,094,000).
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