QNB ALAHLI S.A.E QNB ALAHLI S.A.E )Egyptian Joint Stock Company(
Separate Financial Statements Together With Limited Review Report For The Period Ended March 31, 2022
KPMG Hazem Hassan Public Accountants & ConsultantsBDO Khaled & Co. Public Accountants & Advisers
QNB ALAHLI S.A.E
Separate Statement of Financial Position As at 31 March 2022
(All amounts are shown in Egyptian Pounds)
Note
March 31, 2022
December 31, 2021
Assets: Cash and due from Central Bank of Egypt (CBE) (16) Due from banks (17) Treasury bills (18) Loans and credit facilities to customers (19) Financial derivatives (20) Financial Investments: - Fair value through other comprehensive income (21) - Amortized cost (21) - Fair value through profit or loss (21) Investments in subsidiaries (22) Intangible assets (23) Other assets (24) Deferred tax assets (31) Property and equipment (25) | 25,059,264,741 33,398,437,844 27,273,790,240 188,972,008,854 122,592,648 14,638,692,275 83,366,210,330 79,358,022 540,261,839 272,876,709 7,742,020,369 64,309,983 2,719,073,654 | 22,641,702,434 16,162,820,220 39,358,600,416 174,640,546,661 36,542,265 15,123,771,188 75,291,377,974 92,549,632 540,261,839 275,574,773 7,245,969,779 17,536,340 2,767,837,797 |
Total assets | 384,248,897,508 | 354,195,091,318 |
Liabilities and equity: Liabilities: Due to banks (26) Customer deposits (27) Financial derivatives (20) Other loans (28) Other liabilities (29) Other provisions (30) Current income tax payable Defined benefits obligation (32) | 3,562,066,284 324,094,304,027 - 2,557,803,952 6,509,207,450 605,050,250 1,871,521,533 558,086,195 | 3,458,687,747 296,239,871,183 47,683,515 2,436,745,862 4,206,302,232 507,669,021 1,702,880,760 543,536,132 |
Total liabilities | 339,758,039,691 | 309,143,376,452 |
Equity: Issued and paid-up capital (33) Reserves (34) Profit for the period / year and retained earnings (34) | 10,774,114,830 27,708,956,989 6,007,785,998 | 10,774,114,830 22,548,130,220 11,729,469,816 |
Total equity | 44,490,857,817 | 45,051,714,866 |
Total liabilities and equity | 384,248,897,508 | 354,195,091,318 |
Mohamed Bedeir Chief Executive Officer
The accompanying notes from (1) to (39) are an integral part of these Separate Financial Statements. (Limited review report attached).
Ali Rashid Al-Mohannadi Chairman of the Board of Directors
QNB ALAHLI S.A.E Separate Income Statement
For Three Months Period Ended 31 March 2022
(All amounts are shown in Egyptian Pounds)
From January 01, 2022
NoteFrom January 01, 2021
To March 31, 2022
To March 31, 2021
Interest on loans and similar income | (6) | |
Cost of deposits and similar expense | (6) | )3,792,651,735( |
Net interest income | 3,474,153,220 | |
Fee and commission income | (7) | 710,887,305 |
Fee and commission expense | (7) | )205,191,629( |
Net interest, fee and commission income | 3,979,848,896 | |
Dividend income | (8) | 21,405,674 |
Net trading income | (9) | 23,593,482 |
Gain on financial investments | (21) | 1,623,912 |
Impairment credit losses | (12) | )494,847,951( |
Administrative expenses | (10) | )921,229,294( |
Other operating revenues (expenses) | (11) | )21,954,969( |
Profit before income tax | 2,588,439,750 | |
Income tax expense | (13) | )773,890,180( |
Net profit for the period | 1,814,549,570 | |
Earnings per share | (14) | 0.76 |
0.87
Mohamed Bedeir Chief Executive Officer
Ali Rashid Al-Mohannadi Chairman of the Board of Directors
The accompanying notes from (1) to (39) are an integral part of these Separate Financial Statements.
QNB ALAHLI S.A.E
Separate Statement of Comprehensive Income For Three Months Period Ended 31 March 2022
(All amounts are shown in Egyptian Pounds)From January 01, 2022
To March 31, 2022
From January 01, 2021
To March 31, 2021
Net profit for the period Other comprehensive income items that will not be reclassified to the Profit or Loss: Net change in fair value of investments in equity instruments measured at fair value through other comprehensive income Tax impact related to other comprehensive income that will not be reclassified to the profit or loss Other comprehensive income items that is or may be reclassified to the profit or loss: Net change in fair value of debt instruments measured at fair value through other comprehensive income Tax impact related to other comprehensive income that will be reclassified to the profit or loss Expected credit loss for fair value of debt instruments measured at fair value through other comprehensive income | 2,039,980,277 2,331,017 )6,820,565( )160,075,242( 15,822,180 54,608 | 1,814,549,570 66,349,866 88,186 )48,752,509( 7,964,236 5,998 |
Total other comprehensive income items for the period, net of tax | (148,688,002) | 25,655,777 |
Total comprehensive income for the period, net of tax | 1,891,292,275 | 1,840,205,347 |
The accompanying notes from (1) to (39) are an integral part of these Separate Financial Statements.
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QNB - Qatar National Bank Alahly SAE published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 12:50:01 UTC.
