Financial Statements
2012 AED’000 | 2011 AED’000 | 2012 US$’000 | |||
Net profit for the year |
2,810,335 |
3,045,111 |
765,133 |
||
Items that may be reclassified subsequently to income statement: |
|
|
|
||
Exchange difference arising on translation of foreign operations |
(6,812) |
40,196 |
(1,854) |
||
Fair value changes on cash flow hedges on financial assets |
29,337 |
(2,581) |
7,987 |
||
Fair value changes on net investment in foreign operation hedges |
– |
(66,561) |
– |
||
Fair value changes on available for sale investments |
824,569 |
(559,061) |
224,495 |
||
Fair value changes reversed on disposal/impairment |
(2,963) |
52,785 |
(807) |
||
Share in other comprehensive income of associate |
– |
(19,098) |
– |
||
Reversal of related reserve balances on disposal of associate (Note 11) |
– |
399,309 |
– |
||
Reversal of share in other comprehensive income of associate |
– |
(59,050) |
– |
||
Other comprehensive income/(loss) |
844,131 |
(214,061) |
229, 821 |
||
Total comprehensive income for the year |
3,654,466 |
2,831,050 |
994,954 |
||
Attributed to: |
|
|
|
||
Equity holders of the Bank |
3,579,941 |
2,811,804 |
974,664 |
||
Non-controlling interests |
74,525 |
19,246 |
20,290 |
||
Total comprehensive income for the year |
3,654,466 |
2,831,050 |
994,954 |