ABK Financial Overview and Market Position
INCOME
STATEMENT
Based on
consolidated
KD'000
Interest income
Interest expense
Net Interest Income
2020
2021
2022
31-Mar-2022
31-Mar-2023
205,105
202,033
269,327
55,488
95,816
(99,654)
(89,538)
(143,950)
(27,001)
(63,983)
105,451
112,495
125,377
28,487
31,833
Fees and commissions
25,795
28,742
32,519
7,771
7,941
Net gains from dealing in foreign currencies
5,911
4,343
4,289
1,621
1,187
Gain/ (Loss) on sale of investments
427
2,049
1,907
1,084
37
IFRS financials
Dividend income
1,445
1,072
1,638
1,056
921
Share of results of associates
Other income
Operating Income
Staff expenses
Other operating expenses
Depreciation and amortisation
Operating expenses
1,973
2,427
3,382
687
592
462
2,735
2,455
863
673
141,464
153,863
171,567
41,569
43,184
(35,606)
(38,855)
(45,830)
(10,992)
(11,232)
(25,464)
(26,140)
(28,121)
(7,335)
(8,227)
(6,938)
(6,738)
(7,110)
(2,039)
(1,474)
(68,008)
(71,733)
(81,061)
(20,366)
(20,933)
73,456
82,130
90,506
21,203
22,251
Operating profit for the year
Provision On
credit Facilities
(136,461)
(45,400)
(46,969)
(9,747)
(9,595)
Net (impairment)/release on investment securities
(22)
(350)
(459)
(165)
(211)
and others
Profit /(loss) for the year
(63,027)
36,380
43,078
11,291
12,445
Directors' fee
(570)
(760)
Taxation
(6,482)
(8,415)
(9,940)
(2,932)
(1,598)
Net Profit/(loss) for the year
(69,509)
27,395
32,378
8,359
10,847
Attributable to:
Shareholders of the Bank
(69,684)
Non controlling Interest
175
EPS (fils)
-45
27,212
32,291
183
87
12
14
8,321
10,780
38
67
3
4
34View entire presentation