|
2008 |
2009 |
|
AED’000 |
AED’000 |
|
|
|
Assets |
|
|
Cash and balances with the UAE Central Bank |
42 |
23 |
Due from other banks |
555,840 |
513,862 |
Loans and advances– net |
1,002,298 |
1,009,476 |
Murabaha and Estisnaa contracts – net |
32,729 |
20,334 |
Available-for-sale financial assets |
9,546 |
14,804 |
| Investment Property |
- |
130,000 |
Financial assets at fair value through profit or loss |
219,923 |
213,388 |
Other assets |
111,436 |
23,950 |
|
|
|
Total assets |
1,931,718 |
1,925,837 |
|
|
|
|
|
|
Liabilities |
|
|
Due to a government institution |
50,000 |
--- |
Other liabilities |
22,756 |
12,200 |
Government loan |
500,000 |
500,000 |
Provision for employees’ end of service benefits |
9,800 |
11,056 |
|
|
|
Total liabilities |
582,556 |
523,256 |
|
|
|
Shareholders’ equity |
|
|
Share capital |
1000,000 |
1,000,000 |
Legal reserve |
121,333 |
131,149 |
General reserve |
106,877 |
116,693 |
Retained earnings |
70,952 |
149,481 |
Proposed dividends |
50,000 |
--- |
Other reserves |
--- |
5,258 |
|
|
|
Total shareholders’ equity |
1,349,162 |
1,402,581 |
|
|
|
Total liabilities and shareholders’ equity |
1,931,718 |
1,925,837 |
|
|
|
|