Financial Statements
Notes | 2012 AED’000 | 2011 AED’000 | 2012 US$’000 | ||||
ASSETS |
|||||||
Cash and balances with Central Banks |
5 |
9,337,874 |
6,629,945 |
2,542,302 |
|||
Deposits and balances due from banks |
6 |
16,517,118 |
20,839,932 |
4,496,901 |
|||
Trading securities |
7 |
641,877 |
15,755 |
174,755 |
|||
Derivative financial instruments |
8 |
4,993,226 |
4,844,764 |
1,359,441 |
|||
Investment securities |
9 |
18,712,916 |
15,052,103 |
5,094,723 |
|||
Loans and advances, net |
10 |
123,195,295 |
124,754,737 |
33,540,783 |
|||
Investment in associates |
11 |
– |
81,817 |
– |
|||
Investment properties |
12 |
529,395 |
396,912 |
144,131 |
|||
Other assets |
13 |
5,925,962 |
10,021,494 |
1,613,385 |
|||
Property and equipment, net |
14 |
849,934 |
964,518 |
231,400 |
|||
Intangible assets |
15 |
92,126 |
123,653 |
25,082 |
|||
Total assets |
180,795,723 |
183,725,630 |
49,222,903 |
||||
LIABILITIES |
|||||||
Due to Central Banks |
– |
48,100 |
– |
||||
Due to banks |
16 |
4,411,271 |
3,090,386 |
1,200,999 |
|||
Derivative financial instruments |
8 |
4,768,338 |
4,821,568 |
1,298,213 |
|||
Deposits from customers |
17 |
109,216,925 |
109,170,825 |
29,735,074 |
|||
Euro commercial paper |
18 |
4,557,108 |
716,652 |
1,240,705 |
|||
Borrowings |
19 |
26,139,647 |
31,897,009 |
7,116,702 |
|||
Other liabilities |
20 |
6,994,845 |
11,903,567 |
1,904,396 |
|||
Total liabilities |
156,088,134 |
161,648,107 |
42,496,089 |
||||
EQUITY |
|||||||
Share capital |
21 |
5,595,597 |
5,595,597 |
1,523,440 |
|||
Share premium |
21 |
3,848,286 |
3,848,286 |
1,047,723 |
|||
Other reserves |
22 |
6,288,591 |
4,919,896 |
1,712,113 |
|||
Retained earnings |
4,537,315 |
3,708,227 |
1,235,316 |
||||
Capital notes |
25 |
4,000,000 |
4,000,000 |
1,089,028 |
|||
Equity attributable to equity holders of the Bank |
24,269,789 |
22,072,006 |
6,607,620 |
||||
Non-controlling interests |
437,800 |
5,517 |
119,194 |
||||
Total equity |
24,707,589 |
22,077,523 |
6,726,814 |
||||
Total liabilities and equity | 180,795,723 | 183,725,630 | 49,222,903 |
Eissa Al Suwaidi Chairman |
Ala’a Eraiqat Chief Executive Officer |
Deepak Khullar Chief Financial Officer |
The accompanying notes are an integral part of these consolidated financial statements.