Financial Highlights
| FY 2013 Key Performance Indicators | |||||||
|---|---|---|---|---|---|---|---|
| AED million | Q1 2013 | Q1 2012 | % | Q4 2012 | % | ||
| Net interest income | 1,748 | 1,777 | -2% | 1,766 | -1% | ||
| Non-interest income | 882 | 909 | -3% | 740 | +19% | ||
| Total income | 2,630 | 2,686 | -2% | 2,506 | +5% | ||
| Operating expenses | (909) | (942) | -4% | (958) | -5% | ||
| Amortisation of intangibles | (15) | (20) | -25% | (20) | -25% | ||
| Pre-impairment operating profit | 1,706 | 1,724 | -1% | 1,528 | +12% | ||
| Impairment allowances | (888) | (1,101) | -19% | (940) | -6% | ||
| Operating profit | 818 | 623 | +31% | 588 | +39% | ||
| Share of profits of associates | 26 | 24 | +8% | 37 | -30% | ||
| Taxation charge | (7) | (6) | +17% | 0 | -100% | ||
| Net profit | 837 | 641 | +31% | 625 | +34% | ||
| Cost: income ratio | 34.6% | 35.1% | -0.5% | 38.2% | -3.6% | ||
| Net interest margin | 2.39% | 2.63% | -0.24% | 2.47% | -0.08% | ||
| AED billion | 31-Mar-13 | 31-Mar-12 | % | 31-Dec-12 | % | ||
| Loans | 220.6 | 204.1 | +8% | 218.2 | +1% | ||
| Deposits | 223.0 | 208.5 | +7% | 213.9 | +4% | ||
