Annual Report 2022 - The Beginning of a Journey of Transformation

BALANCE SHEET Based on consolidated IFRS financials KD'000 Assets Cash and balances with banks Kuwait Government Treasury bonds Central Bank of Kuwait bonds Loans and advances Investment Securities Investment in Associate Premises and equipment Intangible Assets Other assets 2020 2021 2022 YTD 2022 YTD 2023 912,266 1,147,795 1,138,750 830,340 63,500 54,500 20,500 20,500 689,507 17,500 138,617 139,101 167,884 182,453 164,520 3,117,095 3,387,000 4,038,940 3,850,365 4,297,244 403,988 653,482 797,363 859,466 834,369 25,323 26,952 29,376 28,608 30,524 62,877 60,275 56,706 57,023 55,726 18,538 17,960 11,406 14,676 8,912 109,615 140,273 161,175 166,348 166,515 4,851,819 5,627,338 6,422,100 6,009,779 6,264,817 Total Assets Liabilities and shareholders' equity Liabilities Due to banks and other financial institutions 486,974 765,617 952,959 1,027,808 1,056,422 Customer's deposits 3,485,545 3,913,337 4,421,247 4,173,998 3,934,916 Medium-term borrowings 151,461 200,636 302,218 49,495 489,921 Other liabilities 136,856 137,463 149,685 158,260 179,504 Total liabilities Share Capital 4,260,836 5,017,053 5,826,109 5,409,561 5,660,763 Shareholders' equity 161,917 170,012 178,513 178,513 237,439 Share premium 108,897 108,897 108,897 108,897 158,897 Treasury shares (5,135) (5,135) (5,135) (5,135) (5,135) Reserves 233,247 244,286 221,827 225,813 211,651 Equity attributable to shareholders of the Bank 498,926 518,060 504,102 508,088 602,852 Perpetual Tier 1 Capital Securities 90,750 90,750 90,750 90,750 Non-controlling interests 1,307 1,475 1,139 Total equity 590,983 610,285 595,991 Total liabilities and shareholders' equity 4,851,819 5,627,338 6,422,100 1,380 600,218 6,009,779 1,202 604,054 6,264,817 33

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