BALANCE SHEET AT 31 JULY 2005
					2005		2004
					N'000		N'000
ASSETS
Cash and bank balances					42,611		224,708
Trading securities					18,196,238		13,519,363
Assets under repurchase agreements					4,150,000		5,883,200
Investment					183,887		148,707
Other assets					492,755		803,195
Fixed assets					83,600		59,949
					23,149,091		20,639,122
LIABILITIES
Deposits					15,727,425		12,018,783
Liabilities under repurchase agreements					4,150,000		5,883,200
Other liabilities					742,999		747,948
Deferred taxation					10,719		13,418
					20,631,143		18,663,349
CAPITAL AND RESERVES
Called-up share capital					1,238,934		953,026
Share premium					19,840		19,840
Statutory reserves					715,426		606,224
Reserve for bonus issue					247,787		285,908
General Reserves					295,951		110,775
					2,517,948		1,975,773
					23,149,091		20,639,122