Diamond Trust Bank Kenya Announces Audited Group and Bank Earnings Results for the Year Ended December 31, 2014
For the year, on bank basis, the company reported net interest income of KES 9,019,813,000 comported to KES 7,992,733,000 a year ago. Operating income was KES 11,107,571,000 compared to KES 9,978,180,000 a year ago. Profit from operations was KES 6,484,347,000 compared to KES 5,710,812,000 a year ago. Profit before income tax was KES 6,307,072,000 compared to KES 5,566,396,000 a year ago. Profit attributable to owners of the Bank was KES 4,152,438,000 compared to KES 4,057,897,000 a year ago. Earnings per basic and diluted share were KES 17.90 compared to KES 17.89 a year ago. Net cash used in operating activities was KES 2,532,415,000 compared to KES 1,310,047,000 a year ago. Purchase of property and equipment was KES 612,910,000 compared to KES 2,157,417,000 a year ago. Purchase of intangible assets - software costs was KES 102,559,000 compared to KES 311,048,000 a year ago.