Page 334 - ACCESS BANK ANNUAL REPORTS_eBook

Group Group
In thousands of Naira December 2017 December 2016

Access Bank, Gambia 310,883 1,142,313
Access Bank, Sierra Leone 43,387 57,189
Access Bank Zambia 2,609,806 276,532
Access Bank, Rwanda 933,465 838,624
Access Bank, Congo 887 1,172,519
Access Bank, Ghana 3,009,086 2,759,852
6,907,514 6,247,029

This represents the NCI share of profit/(loss) for the year
Group Group
In thousands of Naira December 2017 December 2016

Access Bank, Gambia 21,714 59,235
Access Bank, Sierra Leone 4,693 4,698
Access Bank Zambia (221,560) (980)
Access Bank, Rwanda 26,658 (36,204)
Access Bank, Congo 151 113,372
Access Bank, Ghana 181,434 182,200
13,090 322,322

Group Group
December 2017 December 2016
Proportional Interest of NCI in subsidiaries
Access Bank, Gambia % %
Access Bank, Gambia 12% 36%
Access Bank, Sierra Leone 3% 3%
Access Bank Zambia 30% 8%
Access Bank, Rwanda 25% 25%
Access Bank, Congo 0% 26%
Access Bank, Ghana 9% 9%

Transactions with non-controlling interests
During the year, the Access Bank Plc acquired additional shares in Access Bank Congo and Access Bank
Gambia. This resulted in changes in its ownership interests in the subsidiaries, but the transactions did not
result in a loss of control. Furthermore, the Group’s holding in Access Bank Zambia reduced as a result of
issuance of shares to third party outside the Group by Access Bank Zambia. This diluted Access bank Plc’s
holding in Access Bank Zambia. However,control was not lost as a result of the dilution. The Group adjusted the
carrying amounts of the controlling and non-controlling interests to reflect the changes in the relative interests
in the subsidiaries. The impact was recognised directly in equity.

F Dividends
Bank Bank
In thousands of Naira December 2017 December 2016
Interim dividend paid (2017: 25k, 2016: 25k) 7,231,992 7,231,993
Final dividend paid (2016: 40k) - 11,571,189
7,231,992 18,803,182

Number of shares 28,927,972 28,927,972
The Directors proposed a final dividend of 40k for the year ended 31 December 2017

334 Access BAnk Plc
Annual Report & Accounts 2017