Dubai Islamic Bank P.J.S.C.

Apr 18, 2018 - (iii) based on data developed internally and obtained from external sources ..... of which there is no fixed redemption date and constitutes direct,.
1MB Sizes 8 Downloads 341 Views
Dubai Islamic Bank P.J.S.C. Review report and condensed consolidated interim financial information for the three-month period ended 31 March 2018

Dubai Islamic Bank P.J.S.C. Review report and condensed consolidated interim financial information (Unaudited) for the three-month period ended 31 March 2018 Pages

Independent auditors’ report on review of the condensed consolidated interim financial information

1-2

Condensed consolidated interim statement of financial position

3

Condensed consolidated interim statement of profit or loss

4

Condensed consolidated interim statement of comprehensive income

5

Condensed consolidated interim statement of changes in equity

6

Condensed consolidated interim statement of cash flows

Notes to the condensed consolidated interim financial information

7-8

9 – 34

Dubai Islamic Bank P.J.S.C. Condensed consolidated interim statement of profit or loss (Unaudited) for the three-month period ended 31 March 2018

Note NET INCOME Income from Islamic financing and investing transactions Commissions, fees and foreign exchange income Income from other investments measured at fair value, net Income from properties held for development and sale, net Income from investment properties Share of profit from associates and joint ventures Other income Total income Less: depositors’ and sukuk holders’ share of profit Net income OPERATING EXPENSES Personnel expenses General and administrative expenses Depreciation of investment properties Depreciation of property and equipment Total operating expenses Net operating income before impairment charges Impairment charges, net

19

Net profit for the period before income tax expense Income tax expense Net profit for the period Attributable to: Owners of the Bank Non-controlling interests Net profit for the period

Basic and diluted earnings per share (AED per share)

20

Three-month period ended 31 March 2017 2018 AED’000 AED’000

2,094,481 410,694 20,673 29,152 24,297 76,817 41,141 ————— 2,697,255 (725,862) ————— 1,971,393 —————

1,805,101 355,610 20,880 26,860 46,405 26,140 97,087 ————— 2,378,083 (573,764) ————— 1,804,319 —————

(403,829) (145,227) (13,161) (27,879) ————— (590,096) ————— 1,381,297

(402,698) (150,103) (11,824) (27,487) ————— (592,112) ————— 1,212,207

(167,946) ————— 1,213,351

(169,126) ————— 1,043,081

(2,096) ————— 1,211,255 =========

(981) ————— 1,042,100 =========

1,173,133 38,122 ————— 1,211,255 =========

1,008,411 33,689 ————— 1,042,100 =========

0.19 =========

0.16 =========

The notes on pages 9 to 34 form an integral part of these condensed consolidated interim financial information. The independent auditors’ report on review of condensed consolidated interim financial information is set out on page 1 & 2.

4

Dubai Islamic Bank P.J.S.C. Condensed consolidated interim statement of comprehensive income (Unaudited) for the three-month period ended 31 March 2018 Three-month period ended 31 March 2017 2018 AED’000 AED’000 Net profit for the period

1,211,255 ————

1,042,100 ————

(71,353)

79,281

(376,871) ———— (448,224) ———— 763,031 =======

1,195 ———— 80,476 ———— 1,122,576 =======

724,909 38,122 ———— 763,031 =======

1,089,779 32,797 ———— 1,122,576 =======

Other comprehensive income / (loss) items Items that will not be reclassified subsequently to profit or loss: Fair value (loss) / gain on other investments carried at FVTOCI, net

Items that may be reclassified subsequently to profit or loss: Exchange differences on translation of foreign operations, net Other com