| |
| |
Notes |
2010 |
2009 |
| |
|
AED’000 |
AED’000 |
| Interest income |
25 |
1,068,071 |
983,317 |
| Interest expense |
26 |
(518,021) |
(417,969) |
| |
|
|
|
| Net interest income |
|
550,050 |
565,348 |
| Net fee and commission income |
27 |
121,177 |
121,775 |
| Exchange profit |
|
20,334 |
23,092 |
| Investment income |
28 |
6,387 |
45,642 |
| Gain on disposal of associate & subsidiaries |
|
19,523 |
- |
| Revaluation loss on investment properties |
10 |
(35,132) |
(12,108) |
| Other income |
|
6,100 |
7,460 |
| |
|
|
|
| Operating income |
|
688,439 |
751,209 |
| Net impairment charge on financial assets |
29 |
(75,463) |
(89,899) |
| |
|
|
|
| Net operating income |
|
612,976 |
661,310 |
| General and administrative expenses |
30 |
(193,377) |
(178,443) |
| Amortisation of intangible assets |
11 |
(7,784) |
- |
| |
|
|
|
| Profit before taxes |
|
411,815 |
482,867 |
| Income tax expense - overseas |
|
(7,868) |
(7,370) |
| |
|
|
|
| Profit for the year |
|
403,947 |
475,497 |
| |
|
============= |
============= |
| Attributable to: |
|
|
|
| Shareholders of the parent company |
|
397,452 |
467,969 |
| Non-controlling interest |
|
6,495 |
7,528 |
| |
|
|
|
| |
|
403,947 |
475,497 |
| |
|
============= |
============= |
| Basic earnings per share (AED) |
20 |
0.189 |
0.223 |
| |
|
============= |
============= |
| Profit for the year |
|
403,947 |
475,497 |
| |
|
|
|
| Other comprehensive (loss)/income |
|
|
|
| Changes in fair value of available for sale investments |
|
- |
47,434 |
| Changes in fair value of financial assets measured at fair value
through other comprehensive income |
|
938 |
- |
| Charity donations appropriated in the year |
21 |
(2,500) |
(2,500) |
| Directors’ remuneration paid in the year |
21 |
(9,695) |
(6,000) |
| |
|
|
|
| Total other comprehensive (loss)/income for the year |
|
(11,257) |
38,934 |
| |
|
|
|
| Total comprehensive income for the year |
|
392,690 |
514,431 |
| |
|
============= |
============= |
| Attributed to: |
|
|
|
| Shareholders of the Parent |
|
386,612 |
504,353 |
| Non-controlling interest |
|
6,078 |
10,078 |
| |
|
|
|
| |
|
392,690 |
514,431 |
| |
|
============= |
============= |
|
|
|