| |
|
31 December |
31 December |
1 January |
| |
|
2023 |
2022 |
2022 |
| |
Note |
AED’000 |
AED’000 |
AED’000 |
| |
|
|
(restated) |
(restated) |
| Assets |
|
|
|
|
| Cash on hand |
17 |
7,033 |
8,407 |
8,096 |
| Due from banks |
17 |
288,416 |
758,080 |
593,791 |
| Investment securities |
18 |
172,346 |
268,347 |
319,015 |
| Loans and advances |
19 |
1,875,670 |
2,001,148 |
2,082,265 |
| Islamic financing and investing assets |
20 |
14,140 |
22,636 |
30,305 |
| Investment in equity accounted investees |
21 |
82,214 |
82,613 |
86,881 |
| Interest receivable and other assets |
22 |
63,260 |
71,473 |
80,392 |
| Insurance and reinsurance contract assets |
|
107,332 |
112,607 |
65,793 |
| Property, fixtures and equipment |
23 |
117,464 |
105,669 |
99,260 |
| Intangibles |
24 |
6,705 |
6,705 |
6,705 |
| Investment properties |
25 |
30,942 |
4,100 |
3,500 |
| Total assets |
|
2,765,522 |
3,441,785 |
3,376,003 |
| |
|
|
|
|
| Liabilities and equity |
|
|
|
|
| Liabilities |
|
|
|
|
| Customers’ deposits and margin accounts |
26 |
1,562,689 |
2,060,674 |
1,716,385 |
| Due to banks and other financial institutions |
17 |
32,795 |
30,059 |
26,720 |
| Short term borrowings |
27.1 |
215,000 |
340,000 |
441,910 |
| Medium-term loan |
27.2 |
33,333 |
66,667 |
100,000 |
| Insurance and reinsurance contract liabilities |
|
173,026 |
200,538 |
143,453 |
| Lease liabilities |
|
– |
537 |
1,105 |
| Interest payable and other liabilities |
28 |
73,625 |
58,919 |
183,492 |
| Provision for employees’ end of service benefits |
29 |
13,128 |
14,371 |
14,328 |
| Total liabilities |
|
2,103,596 |
2,771,765 |
2,627,393 |
