ASSOCIATED DISCOUNT HOUSE LIMITED
FIVE YEAR FINANCIAL SUMMARY
		2005	2004		2003		2002	2001
		N'000	N'000		N'000		N'000	N'000
CAPITAL EMPLOYED
Share capital		1,238,934	953,026		953,026		794,188	603,450
Share premium account		19,840	19,840		17,600		17,600	-
Statutory reserve		715,748	606,224		525,519		454,629	271,003
General reserve		543,748	396,683		82,311		220,649	212,674
Shareholders' funds		2,517,948	1,975,773		1,578,456		1,487,066	1,087,127
LIABILITIES
Deposits		15,727,425	12,018,783		12,093,850		6,773,447	5,680,539
Liabilities under repurchase agreements		4,150,000	5,883,200		1,821,240		6,816,584	14,012,000
Other liabilities		742,999	747,948		750,137		893,190	597,067
Deferred taxation		10,719	13,418		13,418		13,418	7,894
		20,631,143	18,663,349		14,678,645		14,496,639	20,297,500
		23,149,091	20,639,122		16,257,101		15,983,705	21,384,627
REPRESENTED BY:
Cash and bank balances		42,611	224,708		83,518		159,916	70,358
Trading securities		18,196,238	13,519,363		13,424,350		8,026,237	6,062,078
Assets under repurchase agreements		4,150,000	5,883,200		1,821,240		6,816,584	14,012,000
Investments		183,887	148,707		148,707		280,000	280,000
Other assets		492,755	803,195		728,046		638,866	896,755
Fixed assets		83,600	59,949		51,240		62,102	63,436
		23,149,091	20,639,122		16,257,101		15,983,705	21,384,627
Interest and discount income		5,027,709	5,299,132		4,979,077