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Report and Accounts for year to 31 December 2012

Report and Accounts for year to 31 December 2012.

articleManx Financial Group PlcMay 30, 20134/company/manx-financial-group-plc/news/report-and-accounts-for-year-to-31-december-2012
Report and Accounts for year to 31 December 2012

About this update from Manx Financial Group Plc

[{"type":"text","content":"\n \nRNS Number : 8511F Manx Financial Group PLC 30 May 2013  \n \n\n \n \n \n \nFOR IMMEDIATE RELEASE                                                                                           30th May 2013\n            \n \nManx Financial Group PLC (the 'Company')\n \nReport and accounts for the year ended 31 December 2012\n \n \nManx Financial Group PLC (LSE: MFX), the financial services group which includes Conister Bank Limited, Conister Card Services Limited and Edgewater Associates Limited presents its final results for the year ended 31 December 2012.\n \nThe 2012 Audited Annual Report and Accounts will be posted to shareholders shortly and will also shortly be available from the Company's website www.mfg.im \n \nFinancial Highlights\n \nManx Financial Group PLC\n·      Net interest income £5.5 million (2011: £4.6 million)\n·      Net trading income £5.1 million (2011: £5.0 million)\n·      Operating income £5.3 million (2011: £5.5 million) \n·      Profit before specific items £0.4 million (2011: loss of £0.6 million) \n·      Loss for the year £0.3 million (2011: loss of £0.8 million)\n·      Headcount at 31 December 2012 was 54 people (2011: 68 people) \nConister Bank Limited\n·      Profit before specific items for the year £0.5 million (2011: loss of £0.9 million) \n·      Net loans and advances £58.5 million (2011: £49.6 million) \n·      Deferred income £8.7 million (2011: £7.6 million)\n·      New advances £38.2 million (2011: £32.0 million)\n·      Deposits £63.7 million (2011: £55.9 million)\nEdgew...

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