FNB Namibia Holdings Limited announced unaudited group earnings results for the six months ended December 31, 2011. For the period, the company reported net interest income before impairment of advances of NAD 445 million compared to NAD 431 million a year ago. Net interest income after impairment of advances was NAD 472 million compared to NAD 443 million a year ago. Income from operations was NAD 880 million compared to NAD 773 million a year ago. Net income from operations was NAD 432 million compared to NAD 367 million a year ago. Income before tax was NAD 433 million compared to NAD 370 million a year ago. Profit before tax was NAD 423 million compared to NAD 362 million a year ago. Profit for the period attributable to ordinary shareholders was NAD 289 million compared to NAD 258 million a year ago. Profit for the period attributable equity holders of the parent was NAD 289 million compared to NAD 258 million a year ago. Basic and diluted earnings per share from continued operations were 106.7 cents compared to 91.2 cents a year ago. Net cash flow from operating activities from continuing operations was NAD 1,471 million compared to NAD 269 million a year ago. Headline and diluted headline earnings per share was 108.3 cents compared to 100.0 cents a year ago. As on December 31, 2011 return on average equity improved to 28% and return on average assets 3.1% compared to 26% and 3.0% as of December 31, 2010, partly because of the reduction in capital after the payment of a special dividend in May 2011. Headline earnings were NAD 280 million compared to NAD 258 million a year ago. The company declared an interim dividend of 41 cents per ordinary share February 2, 2012 for the half year ended December 31, 2011. The last day to trade shares on a cum dividend basis will be on February 24, 2012 and the first day to trade ex dividend will be February 27, 2012. The record date will be March 2, 2012 and the payment date April 12, 2012.