Investor Presentaiton

63 NOTES TO THE GROUP CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 23 RESERVES (CONTINUED) NOTES TO THE GROUP CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 25 INCOME FROM ISLAMIC FINANCING AND INVESTMENT PRODUCTS Fair value reserve Fair value reserve includes the net change in fair value of FVOCI financial assets and the net effective portion of changes in fair value of cash flow hedges. Currency translation reserve Currency translation reserve represents the exchange differences arising from re-translating the opening net investment in foreign operations. Murabaha Ijara Istisna'a Others 2021 AED 000 1,273,602 2020 AED 000 1,358,502 595,960 695,626 40,199 48,041 912,248 687,206 2,822,009 2,789,375 24 NET INTEREST INCOME 26 DISTRIBUTION ON ISLAMIC DEPOSITS AND PROFIT PAID TO SUKUK HOLDERS 2021 AED 000 2020 AED 000 Interest and similar income Loans and receivables to customers Loans and receivables to banks Distribution to depositors 20,682,642 21,815,102 Profit paid to sukuk holders 544,387 1,181,785 2021 AED 000 2020 AED 000 537,834 1,202,568 93,407 135,946 631,241 1,338,514 Investment securities at FVOCI 1,140,994 943,310 Investment securities at amortised cost 975,134 1,140,980 Trading securities and designated at FVTPL investment securities 148,034 116,849 Others 172,318 Total interest income 23,663,509 30,075 25,228,101 Interest and similar expense Distribution on Islamic deposits represents the share of income between depositors and equity holders. The allocation and distribution to depositors is approved by the Internal Shari'ah Supervision Committee of the Group and the Islamic banking subsidiary respectively. Profit paid to sukuk holders represents the distribution of returns received in respect of leased assets transferred to the EIB Sukuk Company Limited which was specifically formed for this transaction. Deposits from customers Borrowings from banks and financial institutions (5,702,153) (639,311) (5,959,148) 27 NET FEE AND COMMISSION INCOME Debt issued and other borrowed funds (2,408,283) (916,690) (2,103,703) Others Total interest expense (179,970) (8,929,717) (212,221) (9,191,762) Net interest income 2021 AED 000 2020 Commission income on Trade finance products/services Fee income* 14,733,792 16,036,339 Brokerage fees Portfolio and other management fees Total fee and commission income Fee and commission expense 831,195 5,304,812 62,474 276,564 6,475,045 (2,639,234) 3,835,811 AED 000 817,001 4,631,953 34,124 143,545 5,626,623 (1,972,060) 3,654,563 EMIRATES NBD BANK PJSC - GROUP CONSOLIDATED FINANCIAL STATEMENTS - FOR THE YEAR ENDED 31 DECEMBER 2021 64 64 *This also includes fee related to asset management, earned by the Group on trust and fiduciary activities in which the Bank holds or invests assets on behalf of its customers. بنك الإمارات دبي الوطني Emirates NBD

View entire presentation