Page 174 - RFHL ANNUAL REPORT 2024_ONLINE

172 Notes to the Consolidated Financial Statements

For the Year Ended September 30, 2024.
Expressed in millions of Trinidad and Tobago dollars, except where otherwise stated.

27. Segmental information (continued)
i By geographic segment (continued)

Eliminations
British and other
Trinidad Eastern Cayman Virgin adjust-
2023 & Tobago Barbados Suriname Caribbean Guyana Ghana Islands Islands ments Total

Interest income 2,428 381 133 725 399 499 824 138 (30) 5,497
Interest expense (313) (16) (11) (137) (29) (218) (125) (14) 30 (833)

Net interest income 2,115 365 122 588 370 281 699 124 – 4,664
Other income 2,517 612 69 288 181 114 306 51 (2,109) 2,029
Share of profits of
associated companies 6 – – – – – – – – 6

Operating income 4,638 977 191 876 551 395 1,005 175 (2,109) 6,699
Other operating
expenses (1,861) (311) (102) (605) (237) (233) (523) (95) 116 (3,851)

Operating profit 2,777 666 89 271 314 162 482 80 (1,993) 2,848
Credit loss
(expense)/recovery
on financial assets (340) 354 53 (32) (24) (170) (6) (16) – (181)
Net monetary loss in
hyperinflationary
economies – – (68) – – – – – – (68)

Net profit/(loss) before
taxation 2,437 1,020 74 239 290 (8) 476 64 (1,993) 2,599
Taxation (360) (15) (54) (65) (125) (48) – – – (667)

Net profit/(loss) after
taxation 2,077 1,005 20 174 165 (56) 476 64 (1,993) 1,932

Investment in
associated companies 69 – – – – – – – – 69
Total assets 51,307 9,890 2,773 16,428 9,690 3,569 15,364 3,433 474 112,928
Total liabilities 46,588 8,345 2,523 14,291 8,622 3,093 13,177 2,038 (17) 98,660
Depreciation 250 23 11 22 13 20 41 3 1 384
Capital expenditure
on premises and
equipment 226 33 6 20 31 31 47 – – 394
Cash flow (used in)/from
operating activities (3,125) (598) 169 728 625 922 195 896 – (190)
Cash flow from/(used in)
investing activities 873 39 71 (67) (631) (533) (18) (658) – (924)
Cash flow (used in)/from
financing activities (119) (474) – (193) (47) 1 (329) (45) – (1,206)