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Central Bank Nigeria

5 Year Financial Statements


The five year financial statements is an extract from the audited accounts of the Central Bank of Nigeria
for a given period comprising the balance sheet and the income and expenditure account for the period.
The data presented takes cognizance of adjustments to the account balances when applicable, arising
from changes in accounting policy, and the format of presentation.
Five Year Balance Sheet as at 31Dec, 2010
Year

2010

2009

2008

2007

2006

N'm
N'm
N'm
N'm
N'm
Assets:
5,338,612
6,543,628
7,334,295
6,548,921
5,617,317
External Reserves
272,829 317,269 272,407
84,503 237,668
Fed Govt. Securities
320,163 387,549 523,027 361,437
94,947
Rediscount & Loans /
Advances
475,647
85,216
72,768 195,415 111,283
Other Assets
107,191
88,584
86,615
33,603
26,915
Other Securities
(Investments)
0
0
0
0
0
Exchange Difference on
Promissory Notes
208,192 159,182 141,427 133,695 127,898
Fixed Assets

Total Assets

6,722,634 7,581,428 8,430,539 7,357,574 6,216,028

Liabilities:
4,145,816 4,708,758 5,878,514 4,431,150 4,022,237
Deposits
105,878
50,800 627,068 1,564,366 949,406
CBN Instruments
Issued
Currency in Circulation 1,378,135 1,181,828 1,155,050 960,490 779,254
384,870 388,982
31,769
29,006
29,286
IMF Allocation for SDR
0
0
0
0
0
Trade Debt Promissory
Notes
0
0
0
0
0
Other Foreign Currency
Liabilities
515,345 666,914 250,977 237,826 110,680
Other Financial
Liabilities
Total Liabilities
Capital & Reserves:
Share Capital
General Reserves
Assets Revaluation
Reserve
Currency Revaluation
Reserve
Reserve Fund Inv. Manager

Total Capital &


Reserves
Total Liabilities &
Equity

6,530,044 6,997,282 7,943,378 7,222,838 5,890,863


5,000

5,000

5,000

5,000

5,000

83,477

71,854

60,888

58,808

50,721

57,069

63,143

63,143

70,928

95,246

14,070

379,982

358,130

174,198

32,974

64,167

192,590

584,146

487,161

134,736

325,165

6,722,634 7,581,428 8,430,539 7,357,574 6,216,028

Contingent Liabilities
Operating Results for
the Year Ended, 2006
- 2010
Total Income
Operating Expenses
Provisions (net)
Exceptional Items
Surplus Available for
appropriation
Appropriation:
Transfer to General
Reserve
Surplus Available to
F.G.N.
Total Appropriation

3,154

637,784

370,845

158,589

49,868

562,181

709,021

201,616

146,461

162,500

-505,085 -669,208 -193,271 -113,612 -130,878


-10,603

4,050

-25

-500

-500

46,493

43,863

8,320

32,349

31,122

11,623

10,966

2,080

8,087

5,187

34,870

32,897

6,240

24,262

25,935

46,493

43,863

8,320

32,349

31,122

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