Page 38 - Ecobank Gambia Annual Report 2020

Financial Statements & Annual Report

Statement of Financial Position

for the year ended 31 December 2020 (in Thousands of Gambian Dalasis)

As at 31 December

31 December 31 December

Note 2020 2019

ASSETS

Cash and balances with central banks 11.23 2,465,197 2,278,954

Trading financial assets - -

Derivative financial instruments - -

Loans and advances to banks 11.24 3,390,783 2,281,073

Loans and advances to customers 11.25 1,095,995 1,680,900

Treasury bills 11.28 2,796,866 2,141,081

Investment securities 11.28 941,583 682,141

Pledged assets - -

Provision on Other Assets - -

Other assets 11.33 45,570 59,910

Investments in associates - -

Rights of Use Asset – Land and buildings 11.31 35,896 46,276

Intangible assets 11.30 18,644 6,170

Property and equipment 11.29 99,545 95,649

Investment property - -

Deferred income tax assets 11.32 13,993 18,758

Total assets 10,904,072 9,290,912

LIABILITIES

Deposits from banks 11.34 165,404 248

Due to customers 11.35 8,987,134 7,804,174

Derivative financial instruments - -

Lease Liabilities 11.45 2 6,326 43,095

Other liabilities 11.37 427,403 332,300

Provisions - -

Current income tax liabilities 11.36 35,940 38,200

Deferred income tax liabilities (0) (0)

Retirement benefit obligations - -

Total liabilities 9,642,206 8,218,017

36 Ecobank Gambia Annual Report 2020 www.ecobank.com