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Absa Bank Botswana

ABSA · Botswana Stock Exchange · Consolidated statements

On this page
Company details
Legal name
Absa Bank Botswana Limited
Listing
ABSA on the Botswana Stock Exchange, active (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · annual report, signed / final · source

Read with these figures

  • Auditor's emphasis of matter. Key audit matters (pp98-102), including expected credit losses on loans and advances; they do not modify the opinion.
Full wording and sources
  • Auditor's emphasis of matter

    Key audit matters (pp98-102), including expected credit losses on loans and advances; they do not modify the opinion.

    Source: Absa Bank Botswana Limited Integrated Report 2025 (dated 2026-03-25)

  • Net interest income

    BWP 1.42 billion

    1,415,655 BWP thousands · p104

    −6.7% vs 2024

    Interest income less interest expense, as printed.

  • Total income

    BWP 2.39 billion

    2,387,262 BWP thousands · p104

    +4.6% vs 2024

    The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.

  • Profit / (loss) for the year

    BWP 741 million

    740,930 BWP thousands · p104

    −11.9% vs 2024

  • Total assets

    BWP 26.9 billion

    26,890,921 BWP thousands · p104

    +5.4% vs 2024

  • Customer deposits

    BWP 20.7 billion

    20,737,440 BWP thousands · p104

    +6.9% vs 2024

  • Total equity

    BWP 3.56 billion

    3,559,348 BWP thousands · p104

    +7.9% vs 2024

Large amounts are rounded for reading (BWP million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in BWP thousands unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — annual report, signed / final; reported for the year · source
  • FY2024 — annual report, signed / final; comparative in the FY2025 filing · source

Income statement

Income statement, BWP thousands. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Effective interest income 2,292,096 2,141,533
Effective interest expense (876,441) (623,430)
Net interest income 1,415,655 1,518,103
Fee and commission income 633,797 596,855
Fee and commission expense (44,282) (64,541)
Net fee and commission income 589,515 532,314
Net trading income 374,855 224,287
Other income 7,237 7,354
Total income 2,387,262 2,282,058
Expected credit losses (109,272) (89,446)
Net operating income1 2,277,990 2,192,612
Staff costs (551,277) (486,467)
Infrastructure costs2 (191,924) (182,968)
Administration and general expenses (583,195) (465,378)
Operating expenses (1,326,396) (1,134,813)
Profit before taxation 951,594 1,057,799
Taxation (210,664) (216,465)
Profit for the year 740,930 841,334
Gains (losses) on Fair value arising during the reporting period3 (37,032) (6,624)
Deferred tax4 8,147 1,457
Total items that are or may be reclassified to profit or loss5 (28,885) (5,167)
Other comprehensive income for the year net of taxation (28,885) (5,167)
Total comprehensive income for the year 712,045 836,167
Notes and alternative reported figures (5)
  1. “Net operating income” is an issuer-specific line, not mapped to a shared definition: Total income less expected credit losses (printed subtotal).
  2. “Infrastructure costs” is an issuer-specific line, not mapped to a shared definition: Note 10; within operating expenses.
  3. “Gains (losses) on Fair value arising during the reporting period” is an issuer-specific line, not mapped to a shared definition: OCI: FVOCI financial assets.
  4. “Deferred tax” is an issuer-specific line, not mapped to a shared definition: Tax on the OCI fair-value movement.
  5. “Total items that are or may be reclassified to profit or loss” is an issuer-specific line, not mapped to a shared definition: OCI subtotal.

Balance sheet

Balance sheet, BWP thousands. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Cash 678,491 716,116
Balances at central bank1 245,174 23,759
Loans and advances to banks* 863,671 520,744
Non-current assets held for sale2 5,561 –3
Trading portfolio assets 10,507 4,375
Derivative financial instruments 159,973 131,235
Financial assets at fair value through OCI 3,096,821 3,600,418
Due from related parties4 2,715,126 2,622,031
Loans and advances to customers 18,549,663 17,419,041
Other receivables5 221,896 204,675
Taxation refundable* 4,625 4,980
Property plant and equipment 239,054 175,601
Intangible assets 6,887 471
Deferred tax asset 93,472 91,376
Investments in subsidiaries6 –3 –3
Total assets 26,890,921 25,514,822
Deposits from banks 997,664 498,272
Due to related parties7 139,756 521,569
Customer deposits 20,737,440 19,391,772
Derivative financial instruments 125,342 126,216
Other payables8 452,688 417,986
Provisions 35,994 28,927
Current tax payable 11,688 23,608
Debt securities in issue9 573,627 674,950
Subordinated debt10 253,186 533,968
Deferred income11 4,188 –12
Total liabilities 23,331,573 22,217,268
Share capital 17,108 17,108
General risk reserve13 126,989 126,989
Fair value reserve (41,456) (12,571)
Share based payment reserve14 15,001 12,453
Share capital reserve15 2,060 2,060
Retained income 3,439,646 3,151,515
Total equity attributable to equity holders 3,559,348 3,297,554
Total Equity and Liabilities 26,890,921 25,514,822
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.total_liabilities.
Notes and alternative reported figures (13)
  1. “Balances at central bank” is an issuer-specific line, not mapped to a shared definition: Note 15.
  2. “Non-current assets held for sale” is an issuer-specific line, not mapped to a shared definition: Note 26; '-' in 2024.
  3. “Due from related parties” is an issuer-specific line, not mapped to a shared definition: Note 20.
  4. “Other receivables” is an issuer-specific line, not mapped to a shared definition: Note 23.
  5. “Investments in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 54; '-' in the Group columns.
  6. “Due to related parties” is an issuer-specific line, not mapped to a shared definition: Note 20.
  7. “Other payables” is an issuer-specific line, not mapped to a shared definition: Note 31.
  8. “Debt securities in issue” is an issuer-specific line, not mapped to a shared definition: Note 35.
  9. “Subordinated debt” is an issuer-specific line, not mapped to a shared definition: Note 36.
  10. “Deferred income” is an issuer-specific line, not mapped to a shared definition: Note 32; '-' in 2024.
  11. “General risk reserve”: mapping to a shared definition is uncertain. General risk reserve (note 38), taken as the bank's regulatory credit-risk reserve; not stated on the face of the statement.
  12. “Share based payment reserve” is an issuer-specific line, not mapped to a shared definition: Note 38.
  13. “Share capital reserve” is an issuer-specific line, not mapped to a shared definition: Note 38.

Cash flow

Cash flow, BWP thousands. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Cash used in operations1 (685,141) (342,627)
Net increase in loans and advances to customers2 (1,238,948) (938,882)
Interest received 2,297,823 2,139,343
Interest paid3 (870,873) (612,670)
Income tax paid (213,075) (165,619)
Increase in deposits due to customers4 1,335,057 684,668
(Increase) /Decrease in amounts due from related parties5 507,242 (1,242,356)
Decrease in deposits due to other banks6 499,392 70,751
Purchase of trading portfolio assets7 (6,671) (1,836,859)
Proceeds from disposal of trading portfolio assets8 –9 2,023,464
Increase/ (decrease) in derivative financial instruments10 (29,612) 2,393
Net cash from operating activities 1,595,194 (218,394)
Purchase of property, plant and equipment (69,530) (29,496)
Proceeds from sale of property, plant and equipment 157 248
Purchase of financial instruments held at FVOCI11 (1,682,790) (2,813,569)
Proceeds from non-current asset held for sale12 4,188 –13
Purchases of intangible assets (7,694) (475)
Proceeds from long term financial instruments held at FVOCI14 2,695,854 1,598,973
Net cash used in investing activities 940,185 (1,244,319)
Dividends paid to shareholders (452,800) (575,000)
Issuance of debt securities15 133,800 304,100
Redemption of debt securities16 (231,000) (259,000)
Capital payment of lease liabilities (34,384) (32,362)
Redemption of subordinated debt17 (279,863) (102,590)
Net cash used financing activities (864,247) (664,852)
Total cash movement for the year 1,671,132 (2,127,565)
Cash and cash equivalents at the beginning of the year 3,078,589 5,203,057
Effect of foreign exchange movement on cash and cash equivalents 239 3,097
Cash and cash equivalents at the end of the year 4,749,960 3,078,589
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_operations.
  2. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (15)
  1. “Cash used in operations” is an issuer-specific line, not mapped to a shared definition: Note 39.
  2. “Net increase in loans and advances to customers” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  3. “Interest paid” is an issuer-specific line, not mapped to a shared definition: Note 41; operating activities.
  4. “Increase in deposits due to customers” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  5. “(Increase) /Decrease in amounts due from related parties” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  6. “Decrease in deposits due to other banks” is an issuer-specific line, not mapped to a shared definition: Operating activities (as printed).
  7. “Purchase of trading portfolio assets” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  8. “Proceeds from disposal of trading portfolio assets” is an issuer-specific line, not mapped to a shared definition: Operating activities; '-' in 2025.
  9. “Increase/ (decrease) in derivative financial instruments” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  10. “Purchase of financial instruments held at FVOCI” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  11. “Proceeds from non-current asset held for sale” is an issuer-specific line, not mapped to a shared definition: Investing activities; '-' in 2024.
  12. “Proceeds from long term financial instruments held at FVOCI” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  13. “Issuance of debt securities” is an issuer-specific line, not mapped to a shared definition: Note 44; financing activities.
  14. “Redemption of debt securities” is an issuer-specific line, not mapped to a shared definition: Note 44; financing activities.
  15. “Redemption of subordinated debt” is an issuer-specific line, not mapped to a shared definition: Financing activities.

Per share and shares

Per share and shares. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Earnings / (loss) per share (per share)3 0.87051 0.98732
  1. Printed as 87.05 thebe; value converted to BWP at 100 thebe = 1 BWP.
  2. Printed as 98.73 thebe; value converted to BWP at 100 thebe = 1 BWP.
Notes and alternative reported figures (1)
  1. Earnings / (loss) per share: printed as “Basic and diluted earnings per share (thebe)”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividends paid (cash flow statement) Dividends paid to shareholders (452,800) BWP thousands Annual report, p107
31 Dec 2024 Dividends paid (cash flow statement) Dividends paid to shareholders (575,000) BWP thousands Annual report, p107

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Absa Bank Botswana Limited Integrated Report 2025

    Year ended 31 December 2025 · Annual report · signed / final

    Audit: KPMG (Gaborone, Botswana), unmodified opinion · signed

    Auditor's sign-off: KPMG (electronic signature); practising member Adele Venter

    Final status: Independent auditor's report to the shareholders of Absa Bank Botswana Limited (PDF pp98-103): unmodified opinion on the consolidated and separate financial statements (p98); closes with an electronic signature box 'Signed by: KPMG' with its envelope reference, 'KPMG, Firm of Certified Auditors, Practicing member: Adele Venter (CAP 0040 2026), Certified Auditor of Public Interest Entity', '25 March 2026, Gaborone' (p103, page image). The statements were approved by the Board on 18 March 2026 and signed by the Board Chairman (Cosmas Moapare) and the Managing Director (Keabetswe Pheko-Moshagane) (two hand signatures, p95, page image).

    Document date
    25 Mar 2026
    Auditor's report
    25 Mar 2026
    Board approval
    18 Mar 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · BWP thousands (printed “Figures in Pula thousand”)
    • Printed 'Absa Bank Botswana Limited' (pp1, 94-107); the directory lists 'ABSA Bank of Botswana Limited' (BSE ABSA), the same bank.
    • Bank presentation by order of liquidity; the totals of assets and liabilities are printed without labels. The order of liquidity was revised for 2025 with comparatives updated (footnote *, p104). Cash and cash equivalents in the statement of cash flows (note 43: 4 749 960; 2024: 3 078 589) differ from 'Cash' in the statement of financial position (678 491; 716 116), as they include other balances (note 43); the cash checks fail as printed. The statement of cash flows prints the Company comparative operating total as '(218,394)' and the Company columns' total cash movement and opening cash with broken brackets (Company columns, not transcribed). The Group statement of changes in equity opens 2025 retained income at 3 151 516 against 3 151 515 at 31 December 2024 (p105).
    Technical details
    File
    181 pages, with a text layer
    SHA-256
    0dc7029090e6ab87e9c3420f470a86e9bada11e4eb0916f13448d8e0de046f61
    Entity as printed
    Absa Bank Botswana Limited (the Company or Bank) and its subsidiaries Absa Insurance Services (Pty) Ltd and Absa Securities Botswana (Pty) Ltd (the Group) (pp94, 107)
    Exchange copy
    retrieved 2026-10-08T18:13:34Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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