| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Total Income From Special Commission of Financing | 1,691.4 | 1,412.7 | 19.728 | 1,682.1 | 0.552 |
| Total Income From Special Commission of Investment | 368.8 | 285 | 29.403 | 348.8 | 5.733 |
| Net Income From Special Commission of Financing | 810.6 | 854.9 | -5.181 | 822.5 | -1.446 |
| Net Income From Special Commission of Investment | 234.1 | 182.5 | 28.273 | 181.8 | 28.767 |
| Total Operations Profit (Loss) | 1,341.4 | 1,335.6 | 0.434 | 1,337.3 | 0.306 |
| Net Profit (Loss) before Zakat and Income Tax | 716.9 | 624.2 | 14.851 | 676.7 | 5.94 |
| Net Profit/(Loss) | 643.1 | 559.9 | 14.859 | 606.9 | 5.964 |
| Total Comprehensive Income | 464.8 | 680.1 | -31.657 | 694.6 | -33.083 |
| Total Operating Expenses Before Provisions for Credit and Other Losses | 572.9 | 582.6 | -1.664 | 613.6 | -6.632 |
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 51.5 | 128.9 | -60.046 | 47 | 9.574 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Assets | 143,700.3 | 135,368.3 | 6.155 |
| Investments | 23,010.8 | 21,316.3 | 7.949 |
| Loans And Advances Portfolio (Financing And Investment) | 103,305.7 | 95,482.9 | 8.192 |
| Clients' deposits | 113,740.5 | 105,482.6 | 7.828 |
| Total Shareholder’s Equity (After Deducting The Minority’s Rights) | 15,701 | 14,082.3 | 11.494 |
| Profit (Loss) per Share | 0.65 | 0.56 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in special commission income during the current quarter compared to the same quarter of the last year is | Net income from investing and financing assets increased by 1%, which is mainly due to increase in the income from investing and financing assets by 21%, however, the return on deposits and financial liabilities increased by 54%. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net income has increased due to the increase in total operating income, which is mainly due to the increase in dividend income, other operating income, net fee and commission income and net income from investing and financing assets. However, net gain on FVSI instruments and net exchange income have decreased. |
Total operating expenses before net impairment charge have decreased by 2%, which is mainly due to the decrease in other general and administrative expenses and depreciation & amortization. However, salaries and employee related benefits have increased. Further, net impairment charge for expected credit losses decreased by 60%.
Total operating expenses before net impairment charge have decreased by 7%, due to the decrease in other general and administrative expenses, depreciation & amortization and salaries and employee related benefits.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.