Total Share Holders Equity (after deducting minority equity)
26,456
24,370
8.559
Assets
178,291
171,702
3.837
Investments
27,857
32,321
-13.811
Loans and advances portfolio
121,038
114,543
5.67
Customer deposits
140,909
136,048
3.573
Profit (Loss) per Share
3.31
3.03
All figures are in (Millions) Saudi Arabia, Riyals
Element List
Explanation
Reason for increase (decrease) in net profit for current year compared to last year
Net profit for the period increased due to the decrease in total operating expenses by 4.1% resulting mainly from the decrease in impairment charges for credit losses and other financial assets, rent and premises related expenses, and depreciation expenses; offset by the increases in salaries and employees related expenses and general and administrative expenses. On the other hand, total operating income increased by 2.5% resulting mainly from the increases in net special commission income, net unrealized gain on FVTPL financial instruments, dividend income and unrealized gain on re-measurement of investment upon loss of control; offset by decreases in net banking fees and commission income, net exchange income, net trading income, gains on non-trading investments and other operating income; in addition to decrease in share of earnings of associates.
Type of the external auditor's opinion
Unmodified opinion
External auditor's report containing reservation
None
Reclassifications in annual financial results
Certain comparative figures were reclassified to conform to the current year presentation
Comments