AUDITED FINANCIAL STATEMENTS AND OTHER DISCLOSURES AS AT 31ST DECEMBER 2012OTHER DISCLOSURES

31st Dec 31st Dec 31st Dec 31st Dec 2011 2012 2011 2012 Shs '000 Shs '000 Shs '000 Shs '000 (Audited) (Audited) (Audited) (Audited)A. ASSETS 1 Cash (both local and foreign) 831,558 1,240,381 178,955 181,590 2 Balances due from Central Bank of Kenya 612,552 556,792 612,552 556,792 3 Cash and balance with Banque Nationale du Rwanda 438,848 277,070 - - 4 Kenya Government securities 4,639,030 4,568,773 4,639,030 4,568,773 5 Foreign Currency Treasury Bills and Bonds 1,609,653 1,437,202 - - 6 Deposits and balances due from local banking institutions 60,995 407,773 60,995 122,437 7 Deposits and balances due from banking institutions abroad 512,405 286,086 172,015 338,944 8 Kenya Government and other securities held for dealing purposes 590,811 813,534 590,811 813,534 9 Tax recoverable - 18,139 - 18,139 10 Loans and advances to customers (net) 11,835,689 14,180,269 7,276,704 8,742,625 11 Investment securities 317,500 305,201 317,500 305,201 12 Balances due from group companies - 38,409 64,540 115,427 13 Investments in associates - 18,625 31,123 51,927 14 Investments in subsidiary companies - - 164,039 870,339 15 Investments in Joint Ventures - - - - 16 Investment properties - - - - 17 Property and equipment 641,588 620,092 194,776 186,059 18 Prepaid lease rentals - - - - 19 Intangible assets 30,477 16,103 14,780 8,891 20 Deferred tax asset - 9,161 13,144 9,161 21 Retirement benefit asset - - - - 22 Other assets 523,906 467,234 299,496 260,054 23 TOTAL ASSETS 22,645,013 25,260,846 14,630,459 17,149,892 B. LIABILITIES 24 Balances due to Central Bank of Kenya - - - - 25 Customer deposits 19,205,790 21,450,141 12,395,095 13,746,534 26 Deposits and balances due to local banking institutions 189,140 286,701 189,140 363,718 27 Deposits and balances due to banking institutions abroad 241,699 10,761 100,000 10,761 28 Other money market deposits - - - - 29 Borrowed funds 253,911 261,433 195,790 195,767 30 Balances due to group companies - 129,355 58,673 182,212 31 Tax payable 53,972 55,586 27,601 - 32 Dividends Payable - - - - 33 Deferred tax liability 34,465 57,556 - - 34 Retirement benefit liability - - - - 35 Other liabilities 323,867 269,423 128,627 147,226 36 TOTAL LIABILITIES 20,302,844 22,520,956 13,094,926 14,646,217 C. SHAREHOLDERS' EQUITY 37 Paid up/Assigned capital 528,308 731,249 528,308 731,249 38 Share premium/(discount) 154,922 637,272 154,922 637,272 39 Revaluation reserves/Translation Reserve 28,856 (1,842) (10,704) (11,293)40 Retained earnings/Accumulated Losses 1,129,806 1,233,554 836,673 1,114,277 41 Statutory Loan Loss Reserve 58,451 50,628 26,335 32,170 42 Proposed dividends - - - - 43 Non controlling Interest 441,826 89,029 - - 44 Capital grants - - - - 45 TOTAL SHAREHOLDERS' FUNDS 2,342,169 2,739,890 1,535,533 2,503,675 46 TOTAL LIABILITIES AND SHAREHOLDERS' FUNDS 22,645,013 25,260,846 14,630,459 17,149,892

1.0 INTEREST INCOME

1.1 Loans and advances 1,718,903 2,435,189 1,033,113 1,567,999 1.2 Government securities 461,907 619,789 431,290 487,176 1.3 Deposits and placements with banking institutions 97,312 57,634 11,981 39,535 1.4 Other Interest Income 34,579 44,152 34,579 44,152 1.5 Total Interest Income 2,312,701 3,156,764 1,510,962 2,138,863

2.0 INTEREST EXPENSES

2.1 Customer deposits 909,321 1,716,732 662,138 1,354,971 2.2 Deposits and placements from banking institutions 49,438 28,497 23,581 20,679 2.3 Other Interest Expenses 17,602 7,628 6,876 - 2.4 Total Interest Expenses 976,361 1,752,857 692,594 1,375,650 3.0 NET INTEREST INCOME 1,336,340 1,403,907 818,368 763,213

4.0 OTHER OPERATING INCOME

4.1 Fees and commissions on loans and advances 224,052 134,225 57,584 72,176 4.2 Other Fees and Commissions 254,754 332,543 157,285 147,382 4.3 Foreign exchange trading income 268,820 268,707 121,320 91,558 4.4 Dividend Income - - - - 4.5 Other income 308,097 318,974 187,223 217,738 4.6 Total Non-Interest Income 1,055,722 1,054,450 523,413 528,854 5.0 TOTAL OPERATING INCOME 2,392,063 2,458,357 1,341,782 1,292,067

6.0 OPERATING EXPENSES

6.1 Loan Loss Provision 423,610 166,365 210,959 65,547 6.2 Staff costs 808,662 907,267 433,623 461,251 6.3 Directors' emoluments 67,975 118,731 49,137 67,890 6.4 Rentals Charges 65,779 79,866 44,261 53,127 6.5 Depreciation charge on property and equipment 63,108 85,073 33,821 33,117 6.6 Amortization Charges 30,813 18,469 5,039 5,888 6.7 Other operating expenses 457,474 479,145 254,459 257,382 6.8 Share of Loss/(Profit) of Associate - 2,179 - - 6.9 Total Other Operating Expenses 1,917,421 1,857,095 1,031,300 944,203 7.0 Profit/(Loss) before tax and exceptional items 474,642 601,262 310,482 347,864

8.0 Exceptional items - - - -

9.0 Profit/(Loss) after exceptional items 474,642 601,262 310,482 347,864 10.0 Current tax 106,863 119,808 80,657 62,905 11.0 Deferred tax 56,746 14,749 4,929 1,520 12.0 Profit/(Loss) after tax and exceptional items 311,033 466,705 224,896 283,438

Attributable to: Non controlling Interest 38,090 82,004 Equity Holders of the Parent 272,943 384,701

STATEMENT OF FINANCIAL POSITION

The above statement of financial position and comprehensive income are extracts from group financial statements audited by Pricewaterhousecoopers and received an unqualified opinion.

DHANU CHANDARIA NALIN N. SHAH BHASKAR GHOSECHAIRMAN DIRECTOR MANAGING DIRECTOR & CEO

Fina Bank Kenya, FINA House, Kimathi Street, Nairobi P.O Box 20613, 00200 Nairobi Tel: (254) 020 3284000

www.finabank.comKENYA UGANDA RWANDA

STATEMENT OF COMPREHENSIVE INCOME

GROUP BANK BANK 31st Dec 31st Dec 2011 2012 Shs '000 Shs '000 (Audited) ( Audited)1) NON-PERFORMING LOANS AND ADVANCES a) Gross non-performing loans and advances 603,287 511,737 Less: b) Interest in Suspense 152,622 181,927 c) Total Non-Performing Loans and Advances (a-b) 450,666 329,810 Less: d) Loan Loss Provisions 287,333 240,345 e) Net Non-Performing Loans (c-d) 163,333 89,465 f) Discounted Value of Securities 163,333 89,465 g) Net NPLs Exposure (e-f) - - 2) Insider Loans and Advances a) Directors, shareholders and associates 80,319 23,397 b) Employees 65,353 60,684 c) Total Insider Loans and Advances and Other Facilities 145,672 84,081 3) Off-Balance Sheet Items a) Letters of credit, guarantees, acceptances 1,007,919 1,893,438 b) Other contingent liabilities 549,900 1,361,730 c) Total Contingent Liabilities 1,557,818 3,255,168 4) Capital Strength a) Core capital 1,324,739 1,560,532 b) Minimum Statutory Capital 700,000 1,000,000 c) Excess/(Deficiency) 624,739 560,532 d) Supplementary Capital 221,135 226,970 e) Total capital (a+d) 1,545,874 1,787,502 f) Total risk weighted assets 8,132,530 10,601,943 g) Core capital/total deposit liabilities 11% 11%h) Minimum Statutory Ratio 8% 8%i) Excess/(Deficiency) 3% 3%j) Core capital/ total risk weighted assets 16% 15%k) Minimum Statutory Ratio 8% 8%l) Excess/(Deficiency) (j-k) 8% 7%m) Total capital/ total risk weighted assets 19% 17%n) Minimum Statutory Ratio 12% 12%o) Excess/(Deficiency) (m-n) 7% 5%5) Liquidity a) Liquidity Ratio 48% 44%b) Minimum Statutory Ratio 20% 20%c) Excess/(Deficiency) (a-b) 28% 24%

Regulated by the Central Bank of Kenya