1.Net income for the fourth quarter amounted to SAR 136 million, compared to net income of SAR 67 million for the same quarter of previous year with an increase of 103%, and compared to a net income of SAR 122 million for the third quarter with an increase of 11%.
2.Total operating income for the fourth quarter amounted to SAR 487 million compared to SAR 215 million for the same quarter of last year with an increase of 127%.
3.Income from investing and financing activities for the fourth quarter amounted to SAR 316 million compared to SAR 196 million for the same quarter of previous year with an increase of 61%.
4.Net income for the year at SAR 431 million, compared to net income of SAR 15 million for the previous year registered an increase of 2,773%.
5.Earning per share for the year amounted to SAR 0.29 compared to SAR 0.01 for the previous financial year.
6.Total operating income for the year amounted to SAR 1,388 million compared to SAR 662 million for the previous financial year with an increase of 110%.
7.Income from investing and financing activities for the year amounted to SAR 1,112 million compared to SAR 525 million for the previous financial year with an increase of 112%.
8.Total assets as at December 31, 2011 amounted to SAR 36,783 million compared to SAR 26,549 million as at December 31, 2010 with an increase of 39%, investments as at December 31, 2011 amounted to SAR 3,428 million compared to SAR 2,624 million as at December 31, 2010 with an increase of 31%, financing portfolio as at December 31, 2011 amounted to SAR 25,259 million compared to SAR 15,593 million as of December 31, 2010 with an increase of 62%, and the customers deposit as at December 31, 2011 amounted to SAR 17,776 million compared to SAR 8,316 million as at December 31, 2010 with an increase of 114%.
9.Increase in net income for the fourth quarter and year ended December 31, 2011 compared to same period of last year was mainly due to significant growth in the core banking activities. Certain prior periods figures have been reclassified to conform with the current year presentation.
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