Earnings release
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Standard Bank Group Limited Registration No. 1969/017128/06 Incorporated in the Republic of South Africa JSE and A2X share code : SBK ISIN : ZAE000109815 NSX share code : SNB SBKP ZAE000038881 ( First preference shares ) SBPP ZAE000056339 ( Second preference shares ) ( " Standard Bank Group " or " the group " ) Financial information provided to the Industrial and Commercial Bank of China Limited ( " ICBC " ) and update on the group's operational performance for the nine months ended 30 September 2021 Financial information provided to ICBC On a quarterly basis the Standard Bank Group discloses to ICBC sufficient information to enable ICBC to equity account the group's results . Accordingly , the following consolidated financial information , prepared on an International Financial Reporting Standards ( “ IFRS ” ) basis , is being provided to ICBC for the nine months ended 30 September 2021 ( 9M21 ) . Statement of changes in ordinary shareholders ' equity for the nine months ended 30 September 2021 Ordinary share capital Ordinary share premium Foreign currency translation and hedging reserve Foreign currency translation reserve ( FCTR ) Foreign currency net investment and cash flow hedging reserve Retained earnings Empowerment reserve and treasury shares Other Ordinary shareholders ' equity Balance as at 1 January 2021 Rm 162 17 854 ( 8 696 ) ( 7 735 ) ( 961 ) 163 065 ( 2 806 ) 6 792 176 371 Earnings attributable to ordinary shareholders Rm Update on the group's operational performance 17 756 17 756 Other movements for the period Rm 3 196 3 051 145 ( 9 517 ) * ( 311 ) 1 697 ( 4 935 ) Primarily comprises the ordinary dividends declared in March and August 2021 . Balance as at 30 September 2021 Rm 162 17 854 ( 5 500 ) ( 4 684 ) ( 816 ) 171 304 ( 3 117 ) 8 489 189 192 In the three months from 1 July to 30 September 2021 ( 3Q21 ) , relative to the three months to 30 September 2020 ( 3Q20 ) , higher average balances offset lower margins to deliver mid - single digit net interest income growth . Margins were stable relative to those recorded in the six months to 30 June