Investor Presentaiton
FINANCING ACTIVITIES
Issuance of Tier I capital notes
Issuance of debt issued and other borrowed funds
Repayment of debt issued and other borrowed funds.
Repayment of sukuk borrowing
GROUP CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021
OPERATING ACTIVITIES
Group profit before tax for the year
9,910,135
7,430,465
Adjustment for non-cash items (refer Note 42)
9,630,164
10,237,009
Operating profit before changes in operating assets and liabilities
19,540,299
17,667,474
(Increase)/decrease in interest free statutory deposits
(2,232,450)
7,033,996
(Increase)/decrease in certificate of deposits with Central Banks maturing
after three months
30,500,000
100,000
(Increase)/decrease in amounts due from banks maturing after three
months
(2,688,268)
(2,740,567)
Increase/(decrease) in amounts due to banks maturing after three months
(5,955,285)
7,868,678
(Increase)/decrease in other assets
(4,613,877)
(482,443)
Increase/(decrease) in other liabilities
(6,593,024)
(3,118,476)
(Increase)/decrease in positive fair value of derivatives
2,554,609
(6,095,348)
Increase/(decrease) in negative fair value of derivatives
(1,588,910)
Increase/(decrease) in customer deposits
(Increase)/decrease in loans and receivables
Net cash flows generated from/(used in) operations
(7,713,146)
15,034,219
36,244,167
5,210,012
(7,983,797)
(13,986,983)
3,472,546
Taxes paid
(689,186)
Net cash flows generated from/(used in) operating activities
35,554,981
(388,641)
3,083,905
INVESTING ACTIVITIES
(Increase)/decrease in investment securities
Disposal of subsidiary (refer note 49)
(34,076,787)
546,725
(18,087,312)
(Increase)/decrease of investment properties
(Increase)/decrease of property and equipment
(448,261)
(747,232)
Dividend income received
Disposal of associate
18,742
105,393
22,059
Net cash flows generated from/(used in) investing activities
(33,854,188)
(18,812,485)
Repayment of Tier I capital notes
Interest on Tier I capital notes
Dividends paid
Issuance of Sukuk
Net cash flows generated from/(used in) financing activities
Increase in cash and cash equivalents (refer Note 42)
The attached notes 1 to 50 form an integral part of these Group consolidated financial statements.
The independent auditors' report on the Group consolidated financial statements is set out on pages 4 to 9.
13
EMIRATES NBD BANK PJSC - GROUP CONSOLIDATED FINANCIAL STATEMENTS - FOR THE YEAR ENDED 31 DECEMBER 2021
14
25,636,942
(13,313,409)
(3,672,500)
2,748,866
(4,000,000)
(592,233)
(2,524,278)
1,836,250
6,119,638
7,820,431
18,264,098
(13,487,491)
1,836,250
2,747,764
(1,836,250)
(651,088)
(2,524,278)
4,349,005
(11,379,575)
2021
AED 000
2020
AED 000
Non-
Total controlling
interest
Group
Total
AED 000
84,591,862
9,297,537
AED 000
AED 000
9,305,970
26,236 84,618,098
8,433
ATTRIBUTABLE TO EQUITY AND NOTE HOLDERS OF THE GROUP
Share
premium
reserve (a)
AED 000
------------
17,954,164
statutory
AED 000
reserve (c)
Legal and
-----------
3,158,299
Other
reserves (c)
AED 000
2,945,393
Fair value
reserve (c)
AED 000
476,692
Currency
translation
reserve (c)
AED 000
-----------------
(3,607,673)
Retained
earnings
AED 000
----------------
47,014,778
9,297,537
GROUP CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2021
Tier I
capital
notes (b)
AED 000
10,379,786
Issued
capital (a)
Treasury
shares
AED 000
AED 000
--------------------
Balance as at 1 January 2021
6,316,598
(46,175)
Tier I capital notes issued during the
year (Note 22)
2,748,866
Profit for the year
Other comprehensive income for the
year
Tier I capital notes redeemed during
(4,000,000)
(5,929,038)
2,748,866
2,748,866
(1,202,507)
(4,691,592)
(34,939)
(5,929,038)
Increase in non-controlling interest
Dividends paid*
Directors' fees (refer Note 32)
Zakat
--------
Balance as at 31 December 2021
6,316,598
(46,175)
9,128,652
17,954,164
3,158,299
the year (Note 22)
Interest on Tier 1 capital notes
(592,233)
(4,000,000)
(592,233)
24,956
(31,000)
(41,652)
(2,524,278)
(2,524,278)
(31,000)
(592,233)
(4,000,000)
24,956
(31,000)
(2,524,278)
53,088,213
(41,652)
83,520,064
(41,652)
-----------
59,625
83,579,689
----------
2,945,393
(725,815)
(8,299,265)
The independent auditors' report on the Group consolidated financial statements is set out on pages 4 to 9.
The attached notes 1 to 50 form an integral part of these Group consolidated financial statements.
*Dividend paid is net of the amount attributable to treasury shares.
Notes:
(a) For further details refer to Note 21
(b) For further details refer to Note 22
(c) For further details refer to Note 23
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