Here we're asked to calculate the bank's return on opening equity and return on tangible equity for the most recent financial year. So if we scroll further down to the workout, we're asked first of all to go and grab the net income. So for the most recent financial year we're going to grab thenet income figure above. Once we've got that we're going to go and grabthe shareholder's equity. You'll notice that I'm going to grab that from the previous year because we're looking at the opening shareholder's equity. We were also asked to calculate the tangible shareholder's equity. So again, we'll pick the equity from the previous year, but we're going to deduct from that the intangible assets in that year.

Okay, so to calculate the return on equity we're going to go and grab the net income and divide it by the shareholder's equity. And to calculate the return on tangible equity we're going to grab the net income and divide it by the tangible shareholders equity.