JORDAN KUWAIT BANK

Trading Information

111002

2011

2010

2009

2008

Par Value/Share (JD)

1.00

1.00

1.00

1.00

Closing Price (JD)

3.62

4.32

3.80

4.69

Value Traded (JD)

27,972,299

3,423,209

4,958,222

395,300,755

No. of Shares Traded

5,837,161

899,293

1,199,769

54,774,982

2,671

2,201

2,651

8,138

No. of Subscribed Shares

100,000,000

100,000,000

100,000,000

100,000,000

Market Capitalization (JD)

362,000,000

432,000,000

380,000,000

469,000,000

Fiscal Year Ended

12/31/2011

12/31/2010

12/31/2009

12/31/2008

Cash and Balances at Central Banks

260,847,765

266,572,328

406,243,330

275,470,965

Balances at Banks and Financial Institutions

245,370,852

175,076,659

148,129,100

201,489,474

Deposits at Banks and Financial Institutions

3,562,725

7,060,470

113,680

12,160,500

Trading Investments

125,026,796

2,374,283

1,715,120

375,599

Available for Sale Investments

21,662,983

365,158,639

354,767,975

228,214,796

Held to Maturity Investments, Net

317,571,528

43,973,171

97,741,194

45,615,164

1,248,699,799

1,170,473,395

1,089,148,849

1,237,394,692

Provision for Credit Facilities

56,622,862

42,883,221

38,946,343

15,315,485

Interests in Suspense

8,606,704

3,182,266

2,602,488

652,152

Fixed Assets, Net

11,917,354

11,684,826

11,739,744

12,920,684

Deferred Income Tax Assets

2,463,524

2,165,623

8,509,157

5,716,611

Other Assets

36,526,357

39,426,211

20,752,000

43,432,719

Total Assets

2,273,649,683

2,083,965,605

2,138,860,149

2,062,791,204

No. of Transactions

Assets (JD)

Investments in Affiliates
Direct Credit Facilities, Net

Liabilities & Shareholders Equity

Liabilities (JD)
Customers Deposits

1,417,161,647

1,304,914,523

1,244,572,472

1,193,543,511

Banks & Financial Institutions Deposits

351,606,536

255,434,435

322,918,671

294,190,077

Cash Margins

87,139,037

121,048,110

113,968,195

115,836,779

1,354,139

15,104,151

15,104,151

705,388

1,318,251

1,499,471

Other Liabilities

65,018,989

69,167,267

148,051,164

193,960,036

Total Liabilities

1,921,631,597

1,753,236,725

1,846,114,124

1,812,634,554

Authorized Capital

100,000,000

100,000,000

100,000,000

100,000,000

Subscribed Capital

100,000,000

100,000,000

100,000,000

100,000,000

Paid In Capital

100,000,000

100,000,000

100,000,000

100,000,000

Legal Reserve

52,702,046

47,116,495

39,756,977

33,814,668

Voluntary Reserve

93,857,585

82,686,483

67,967,447

56,082,829

Other Reserves

10,553,734

10,580,322

9,497,732

11,882,337

Issuance Premium

5,000,000

5,000,000

Issuance Discount

Treasury Stocks

Proposed Cash Dividends

20,000,000

20,000,000

15,000,000

10,000,000

Proposed Stock Dividends

Foreign Currencies Translation

503,075

6,465,730

5,423,070

(7,900,942)

Retained Earnings

69,026,687

57,707,620

43,927,172

30,518,830

Total Shareholders Equity

346,643,127

324,556,650

286,572,398

239,397,722

5,374,959

6,172,230

6,173,627

10,758,928

2,273,649,683

2,083,965,605

2,138,860,149

2,062,791,204

Loans and Borrowing

Deferred Income Tax Liabilities

Shareholders Equity (JD)

Accumulated Change in Fair Value

Minority Interest
Total Liabilities & Shareholders Equity

Income Statement (JD)

Interest Income

119,773,651

121,365,373

133,160,377

145,842,239

Interest Expense

34,032,382

35,155,663

52,432,251

63,344,052

Net Interest Income

85,741,269

86,209,710

80,728,126

82,498,187

Net Commissions Income

9,090,351

9,039,608

12,898,255

13,153,933

Interest and Commissions, Net

94,831,620

95,249,318

93,626,381

95,652,120

Gains from Financial Assets and Instruments

2,262,323

6,197,397

(2,136,048)

(2,137,656)

Gains from Foreign Currencies

2,630,828

2,540,195

2,865,632

4,116,745

Other Revenues

9,321,566

8,746,632

23,514,809

19,024,544

Total Income

109,046,337

112,733,542

117,870,774

116,655,753

Employees Expenses

18,393,942

19,225,150

18,336,756

20,433,783

Depreciation & Amortization

2,676,273

2,916,427

3,403,505

3,661,805

Other Expenses

10,329,840

10,038,568

9,508,599

10,308,143

Provision for Direct Credit Facilities (Period)

20,816,569

4,169,612

23,859,305

10,332,256

Sundry Provisions

1,154,645

1,821,847

951,668

1,927,933

Total Expenses

53,371,269

38,171,604

56,059,833

46,663,920

Net Income before Tax

55,675,068

74,561,938

61,810,941

69,991,833

Income Tax (Period)

15,925,362

21,653,584

15,572,425

19,258,193

Income Tax ( Previous Years)

Universities and Research Train Fees

622,871

1,294,974

1,558,049

53,000

71,600

71,600

99,600

39,696,706

52,213,883

44,871,942

49,075,991

(233,444)

272,290

1,021,279

2,635,584

39,930,150

51,941,593

43,850,663

46,440,407

Bad Debts Writtens Off

Board of Directors Remuniration

Net Income
Minority Interest
Net Income Pertains to Shareholders

Cash Flow (JD)

Cash Balance (Beginning)

206,041,944

230,216,207

186,912,125

252,628,195

Net Cash Flow from (Used In) Operating Activities

62,995,525

(56,232,288)

205,338,848

(8,774,502)

Net Cash Flow from (Used In) Investing Activities

69,826,950

45,379,347

(155,360,764)

(48,126,548)

Net Cash Flow from (Used In) Financing Activities

(21,139,689)

(14,878,153)

(6,844,921)

(12,705,675)

Differences in Exchange

235,013

1,556,831

170,919

3,890,655

Cash Balance (Ending)

317,959,743

206,041,944

230,216,207

186,912,125

Turnover Ratio %

5.84

0.90

1.20

54.77

Earning Per Share (JD)

0.40

0.52

0.44

0.46

Dividend Per Share (JD)

0.20

0.20

0.15

0.10

Book Value Per Share (JD)

3.47

3.25

2.87

2.39

Price Earnings Ratio (Times)

9.07

8.32

8.67

10.10

Dividend Yield %

5.52

4.63

3.95

2.13

Dividends Per Share to Earning Per Share %

50.09

38.50

34.21

21.53

Price to Book Value (Times)

1.04

1.33

1.33

1.96

Return On Assets %

1.75

2.51

2.10

2.38

Return On Equity %

11.52

16.00

15.30

19.40

Net Interest and Commissions Income / Total Income %

86.96

84.49

79.43

82.00

Credit Interest / Credit Facilities, Net %

9.59

10.37

12.23

11.79

Net Income / Total Income %

Total Income / Total Assets %

36.40
4.80

46.32
5.41

38.07
5.51

42.07
5.66

(Provision for Credit Facilities + Interest in Suspense) / Credit Facilities%

5.22

3.94

3.81

1.29

Equity Ratio %

15.48

15.87

13.69

12.13

Shareholders Equity / Total Deposits%

19.60

20.80

18.28

16.09

Financial Ratios

Debt Ratio %

84.52

84.13

86.31

87.87

Total Deposits / Total Assets%

77.79

74.87

73.29

72.12

Net Credit Facilities to Total Assets%

54.92

56.17

50.92

59.99

Net Credit Facilities to Total Deposits%

70.60

75.01

69.48

83.17

Shareholders Equity to Credit Facilities, Net%

27.76

27.73

26.31

19.35

Quick Ratio (Times)

0.36

0.29

0.35

0.33

Cash & Investments to Total Deposits%

55.07

55.13

64.35

51.31

Cash + Trading Investments / Total Deposits (Times)

0.36

0.29

0.35

0.33

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