BOAR — Bank of Africa SA Income Statement

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Annual income statement for Bank of Africa SA, fiscal year end - December 31st, MAD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Interest Income
Interest Expense
Net Interest Income	10,910	11,922	12,450	13,183	14,323
Loan Loss Provision
Net Interest Income After Loan Loss Provision	7,985	9,276	9,692	10,006	11,035
Non Interest Income
Non Interest Expense
Net Income Before Taxes	3,835	4,870	5,515	6,980	7,902
Provision for Income Taxes
Net Income After Taxes	2,849	3,540	4,079	4,976	5,514
Minority Interest
Net Income Before Extraordinary Items
Net Income	2,007	2,305	2,662	3,427	3,814
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	2,007	2,305	2,662	3,427	3,814
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	9.03	10.4	12.2	15.6	17.3
Dividends per Share