BANK DHOFAR SAOG Draft subject to Central Bank of Oman approval

STATEMENT OF COMPREHENSIVE INCOME

For the year ended 31 December 2016
Ro, 000
Interest income 141,536
Interest expense -50,750
Net interest income
Income from Islamic financing 90,786
Profit expenses -5,900
Net income from Islamic financing and investment activities
Fees and commission income 17,878
Fees and commission expanse -3,169
Net fees and commission income 14,709
Other income 14,982
Operating income 127,351
Staff and administrative costs -53,360
Depreciation -3,407
Operating expenses -56,767
Profit from operations 70,584
Provision for loan impairment -19,925
Recoveries from allowance for loan impairment 5,364
Bad debts written-off -1
Impairment of available-for-sale investments -1,593
Profit from operations after provision 54,429
Income tax expense -6,807
Profit for the year 47,622
Other comprehensive income: 5
investments -466
Impairment of available-for-sale investments 1,593
Other comprehensive loss for the year, net of tax 1,132
Total comprehensive income for the year 48,754
Earnings per share basic and diluted (Rial Omani) 0.023
 BANK DHOFAR SAOG Draft subject to Central Bank of Oman approval
STATEMENT OF FINANCIAL POSITION
As at 31 December 2016
Ro, 000
Assets
Cash and balances with Central Bank of Oman 265,889
Loans, advances and financing to banks 340,060
Loans, advances and financing to customers 2,988,592
Available-for-sale investments 36,236
Held-to-maturity investments 218,535
Intangible asset 1,589
Property and equipment 8,328
Other assets 92,814
Total assets 3,952,043
Liabilities
Due to banks 350,549
Deposits from customers 2,885,189
Other liabilities 128,430
Subordinated loans 53,875
Total liabilities 3,418,043
Shareholder’s equity
Share capital 189,920
Share premium 59,618
Special reserve 18,488
Legal reserve 45,176
Subordinated loan reserve 31,550
Investment revaluation reserve 1,459
Retained earnings 72,289
Total equity attributable to the equity holders of the Bank 418,500
Perpetual Tier 1 Capital Securities 115,500
Total equity 534,000
Total liabilities and equity 3,952,043
Net assets per share (Rial Omani) 0.220
Contingent liabilities and commitments 1,045,948
 AHLI BANK SAOG
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2017
RO,000
Interest income 77,020
Interest expense -39,009
NET INTEREST INCOME 38,011
Income from Islamic financing and investments 13,106
Unrestricted investment account holders' share of profit and profit expense -6,518
NET INCOME FROM ISLAMIC FINANCING AND INVESTMENTS 6,588
NET INTEREST INCOME AND INCOME FROM ISLAMIC FINANCING AND INVESTMENTS 44,599
Other operating income 10,360
OPERATING INCOME 54,959
Impairment for credit losses -6,408
Recoveries from impairment for credit losses 2,837
Impairment on available for sale investments -569
NET OPERATING INCOME 50,819
Staff expenses -12,863
Depreciation -1,328
Other operating expenses -5,230
OPERATING EXPENSES -19,421
PROFIT BEFORE TAXATION 31,398
Tax expense -4,731
PROFIT FOR THE YEAR 26,667
OTHER COMPREHENSIVE INCOME
Net amount transferred to profit or loss 554
Net changes in fair values -1,092
OTHER COMPREHENSIVE INCOME FOR THE YEAR -538
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 26,129
Basic and diluted earnings per share 18.7
 AHLI BANK SAOG
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2017

ASSETS
Cash and balances with Central Bank of Oman
Due from banks
Loans & advances and financing, net
Investment securities
Property and equipment
Other assets
TOTAL ASSETS
LIABILITIES
Due to banks
Customers' deposits
Borrowed funds
Deferred tax liability
Other liabilities
Subordinated liabilities
TOTAL LIABILITIES
EQUITY
Share capital
Legal reserve
General loan loss reserve
Subordinated debt reserve
Special reserve
Fair value reserve
Retained earnings
TOTAL SHAREHOLDERS' EQUITY ATTRIBUTABLE TO THE EQUITY HOLDERS OF THE BANK
Tier 1 Perpetual subordinated bonds
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
Net assets value per share
Contingent liabilities and commitments
RO,000

116,628
16,569
1,634,458
216,741
16,703
13,483
2,014,582

133,565
1,450,851
57,750
312
42,277
25,000
1,709,755

142,504
25,651
6,543
13,600
228
-122
66,423
254,827
50,000
304,827
2,014,582
178.8
309,189