Financial Statements
Consolidated Statement of Comprehensive Income
for the year ended December 31, 2012
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
of available for sale investments

(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
on disposal of associate (Note 11)

 

(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