
Financial
statements
Consolidated Statement of Financial Position
as at 31 DecemberNotes | 2023 SAR’000 |
2022 SAR’000 |
|
---|---|---|---|
ASSETS | |||
Cash and balances with Saudi Central Bank (SAMA) | 4 | 12,598,444 | 9,723,259 |
Due from banks and other financial institutions, net | 5 | 1,700,907 | 1,454,458 |
Investments held at fair value through statement of income (FVSI) | 6 | 2,610,274 | 1,641,496 |
Investments held at fair value through other comprehensive income (FVOCI) | 6 | 13,505,282 | 12,084,604 |
Investments held at amortized cost, net | 6 | 27,105,159 | 24,721,320 |
Investments in associate and joint venture | 6 | 15,637 | 70,214 |
Financing, net | 8 | 173,624,044 | 146,491,956 |
Property, equipment and right of use assets, net | 9 | 2,888,209 | 2,632,794 |
Other assets | 10 | 2,667,142 | 1,616,128 |
TOTAL ASSETS | 236,715,098 | 200,436,229 | |
LIABILITIES AND EQUITY | |||
LIABILITIES | |||
Due to SAMA, banks and other financial institutions | 11 | 7,431,230 | 16,483,039 |
Customers’ deposits | 12 | 187,900,581 | 145,168,490 |
Amount due to Mutual Funds’ unitholders | 13 | 93,510 | 136,570 |
Other liabilities | 14 | 6,956,176 | 6,771,817 |
TOTAL LIABILITIES | 202,381,497 | 168,559,916 | |
EQUITY | |||
Share capital | 15 | 20,000,000 | 20,000,000 |
Treasury shares | 17.1 | (225,611) | (66,021) |
Statutory reserve | 16 | 3,378,431 | 2,168,630 |
Other reserves | 17.2 | 62,359 | (507,396) |
Retained earnings | 1,118,422 | 4,285,004 | |
Proposed issue of bonus shares | 15.2 | 5,000,000 | - |
Proposed dividends | 15.1 | - | 996,096 |
Equity attributable to the shareholders of the Bank | 29,333,601 | 26,876,313 | |
Tier 1 Sukuk | 18 | 5,000,000 | 5,000,000 |
TOTAL EQUITY | 34,333,601 | 31,876,313 | |
TOTAL LIABILITIES AND EQUITY | 236,715,098 | 200,436,229 |