CIB H1-2024 Separate Financial Statements - E
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Condensed Separate Interim Statement of Financial Position as at June 30, 2024 | ||||||||
 | Notes | Jun. 30, 2024 |  | Dec. 31, 2023 | ||||
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Assets | Â | Â | Â | |||||
Cash and balances at the central bank | 9 | 43,371,479 | Â | 71,747,343 | ||||
Due from banks | 10 | 305,020,735 | Â | 230,709,419 | ||||
Loans and advances to banks, net | 12 | 1,483,003 | Â | 822,448 | ||||
Loans and advances to customers, net | 13 | 283,989,456 | Â | 233,824,745 | ||||
Derivative financial instruments | 1,323,696 | Â | 1,101,896 | |||||
Financial investments | Â | Â | Â | |||||
- Financial Assets at Fair Value through P&L | 14 | 172,728 | Â | - | ||||
- Financial Assets at Fair Value through OCI | 14 | 263,902,312 | Â | 232,290,598 | ||||
- Financial Assets at Amortized cost | 14 | 108,637,486 | Â | 37,847,114 | ||||
- Investments in subsidiaries and associates | 15 | 871,525 | Â | 671,525 | ||||
Non current assets held for sale | 28 | 159,828 | Â | 159,828 | ||||
Other assets | 16 | 38,391,247 | Â | 18,929,067 | ||||
Deferred tax assets | 1,844,280 | Â | 1,685,223 | |||||
Property and equipment | 17 | 2,808,451 | Â | 2,737,936 | ||||
Total assets | Â | 1,051,976,226 | Â | 832,527,142 | ||||
Liabilities and equity | Â | Â | Â | |||||
Liabilities | Â | Â | Â | |||||
Due to banks | 18 | 3,997,426 | Â | 12,427,384 | ||||
Due to customers | 19 | 857,741,216 | Â | 675,310,076 | ||||
Derivative financial instruments | 261,033 | Â | 140,934 | |||||
Current income tax liabilities | 10,328,671 | Â | 9,395,534 | |||||
Other liabilities | 20 | 22,115,219 | Â | 18,307,580 | ||||
Issued debt instruments | 21 | 4,783,017 | Â | 3,073,349 | ||||
Other loans | 19,558,427 | Â | 12,483,907 | |||||
Other provisions | 22 | 14,979,232 | Â | 11,088,372 | ||||
Total liabilities | Â | 933,764,241 | Â | 742,227,136 | ||||
Equity | Â | Â | Â | |||||
Issued and paid up capital | 30,431,580 | Â | 30,195,010 | |||||
Reserves | 58,238,829 | Â | 29,388,626 | |||||
Reserve for employee stock ownership plan (ESOP) | 1,396,104 | Â | 1,486,010 | |||||
Retained earnings * | 28,145,472 | Â | 29,230,360 | |||||
Total equity and net profit for the period / year | Â | 118,211,985 | Â | 90,300,006 | ||||
Total liabilities and equity | Â | 1,051,976,226 | Â | 832,527,142 | ||||
The accompanying notes are an integral part of these financial statements. | Â | |||||||
( Limited Review report attached ) | Â | |||||||
* | Including net profit for the period | Â | ||||||
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Condensed Separate Interim Income Statement for the period ended June 30, 2024 | ||||
 | Last 6 Months |  | Last 6 Months | |
Notes | Jun. 30, 2024 | Â | Jun. 30, 2023 | |
 |  | |||
 |  | |||
Interest and similar income | 81,420,481 | Â | 44,928,893 | |
Interest and similar expense | (39,980,202) | Â | (21,138,609) | |
Net interest income | Â | 41,440,279 | Â | 23,790,284 |
 |  | |||
Fee and commission income | 5,905,503 | Â | 4,126,585 | |
Fee and commission expense | (2,505,646) | Â | (1,575,432) | |
Net fee and commission income | Â | 3,399,857 | Â | 2,551,153 |
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Dividend income | 76,025 | Â | 93,844 | |
Net trading income | 6 | 17,385,406 | Â | 2,320,059 |
Profits (Losses) on financial investments | 14.1 | 297,208 |  | 92,572 |
Administrative expenses | (5,568,213) | Â | (4,170,553) | |
Other operating income (expenses) | 7 | (16,410,949) | Â | (3,336,832) |
Impairment release (charges) for credit losses | (2,059,775) | Â | (1,212,831) | |
Profit before income tax | Â | 38,559,838 | Â | 20,127,696 |
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Income tax expense | 26 | (11,255,055) | Â | (5,769,912) |
Deferred tax assets (Liabilities) | 26 | 378,395 | Â | (214,213) |
Net profit for the period | Â | 27,683,178 | Â | 14,143,571 |
 |  | |||
Earnings per share | 8 | Â | Â | |
Basic | 8.08 | Â | 4.16 | |
Diluted | 7.98 | Â | 4.11 | |
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Hussein Abaza | Â | Hisham Ezz Al-Arab | ||
CEO & Managing Director | Â | Chairman | ||
 |
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Condensed Separate Interim Statement of Comprehensive Income for the period ended June 30, 2024 | |||||
 | Last 6 Months |  | Last 6 Months | ||
Jun. 30, 2024 | Â | Jun. 30, 2023 | |||
 |  | ||||
 |  | ||||
Net profit for the period | Â | 27,683,178 | Â | 14,143,571 | |
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Change in fair value of Financial invesments measured at fair value through comprehensive income after tax | 4,073,707 | Â | (9,947,459) | ||
Transferred to RE from financial assets at fair value through comprehensive income | - | Â | (95,308) | ||
Effect of ECL on fair value of debt instruments measured at fair value through comprehensive income | 751,734 | Â | 204,804 | ||
Total comprehensive income for the period | Â | 32,508,619 | Â | 4,305,608 |
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Condensed Separate Interim Cash Flows for the period ended June 30, 2024 | |||||
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Notes | Jun. 30, 2024 | Â | Jun. 30, 2023 | ||
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Cash flow from operating activities | Â | Â | Â | ||
Profit before income tax | 38,559,838 | Â | 20,127,696 | ||
Adjustments to reconcile profits to net cash provided by operating activities |  |  |  | ||
Fixed assets depreciation | 17 | 521,764 | Â | 416,248 | |
Impairment Release/charge for credit losses (Loans and advances to customers and banks) | 2,387,134 | Â | 983,641 | ||
Other provisions Release/charge | 22 | 196,961 | Â | 1,146,440 | |
Impairment Release/charge for credit losses (due from banks) | (35) | Â | 2,890 | ||
Impairment Release/charge for credit losses (financial investments) | (327,324) |  | 226,300 | ||
Impairment Release/charge for other assets | (7,173) | Â | - | ||
Exchange revaluation differences for financial assets at fair value through OCI and AC | (18,461,627) | Â | (5,858,602) | ||
Revaluation differences Impairment charge for Financial Assets at Fair value through OCI | 1,182,360 | Â | - | ||
Revaluation differences Impairment charge for Financial Assets at Amortized cost | 100,975 | Â | - | ||
Revaluation differences Impairment charge for due from banks | 105 | Â | - | ||
Utilization of other provisions | 22 | (8,970) | Â | (1,031) | |
Other provisions no longer used | 22 | (4,220) | Â | - | |
Exchange revaluation differences of other provisions | 22 | 3,707,089 | Â | 1,178,333 | |
Profits/losses from selling property and equipment | (2,184) | Â | (130) | ||
Profits/losses from selling financial investments at fair value through OCI | 14.1 | (297,208) | Â | (92,572) | |
Share based payments | 533,219 | Â | 402,192 | ||
Operating profits before changes in operating assets and liabilities | Â | 28,080,704 | Â | 18,531,405 | |
 |  | ||||
Net decrease / increase in assets and liabilities | Â | Â | Â | ||
Due from banks | 36,256,280 | Â | 32,434,410 | ||
Financial assets at fair value through P&L | (172,728) | Â | - | ||
Derivative financial instruments | 164,384 | Â | (212,709) | ||
Loans and advances to banks and customers | 12-13 | (53,204,190) | Â | (25,329,650) | |
Other assets | (18,799,962) | Â | (4,448,765) | ||
Due to banks | 18 | (8,429,958) | Â | 20,464,950 | |
Due to customers | 19 | 182,431,141 | Â | 126,298,231 | |
Current income tax obligations paid | (926,384) | Â | (817,428) | ||
Other liabilities | (5,875,532) | Â | 2,117,243 | ||
Net cash generated from (used in) operating activities | Â | 159,523,755 | Â | 169,037,687 | |
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Cash flow from investing activities | Â | Â | Â | ||
Proceeds from sale of investments in associates | 7,173 | Â | - | ||
Payments for investment in subsidiaries | (200,000) | Â | (1,216,022) | ||
Payment for purchases of property, equipment and branches construction | (1,262,707) | Â | (700,038) | ||
Proceeds from selling property and equipment | 2,184 | Â | 130 | ||
Proceeds from redemption of financial assets at amortized cost | 1,240,196 | Â | 196,783 | ||
Payment for purchases of financial assets at amortized cost | (69,609,595) | Â | (9,045,180) | ||
Payment for purchases of financial assets at fair value through OCI | (58,448,832) | Â | (51,454,096) | ||
Proceeds from selling financial assets at fair value through OCI | 47,255,555 | Â | 59,328,407 | ||
Net cash generated from (used in) investing activities | Â | (81,016,026) | Â | (2,890,016) | |
Condensed Separate Interim Cash Flows for the period ended June 30, 2024 (Cont.) | |||||
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Jun. 30, 2024 | Â | Jun. 30, 2023 | |||
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Cash flow from financing activities | Â | Â | Â | ||
Other loans | 7,074,520 | Â | 3,179,561 | ||
Dividends paid | (5,078,792) | Â | (3,577,639) | ||
Issued debt instruments | 1,709,668 | Â | 614,030 | ||
Capital increase | 236,570 | Â | 369,876 | ||
Net cash generated from (used in) financing activities | Â | 3,941,966 | Â | 585,828 | |
 |  | ||||
Net (decrease) increase in cash and cash equivalent during the period | 82,449,695 | Â | 166,733,499 | ||
Beginning balance of cash and cash equivalent | 233,912,193 | Â | 92,895,143 | ||
Cash and cash equivalent at the end of the period | Â | 316,361,888 | Â | 259,628,642 | |
 |  | ||||
Cash and cash equivalent comprise: | Â | Â | Â | ||
Cash and balances at the central bank | 9 | 43,371,479 | Â | 33,404,357 | |
Due from banks | 305,020,997 | Â | 281,505,636 | ||
Treasury bills and other governmental notes | 11 | 118,676,181 | Â | 71,798,021 | |
Obligatory reserve balance with CBE | (25,285,404) | Â | (25,558,292) | ||
Due from banks with maturity more than three months | (7,684,847) | Â | (29,663,385) | ||
Treasury bills and other governmental notes with maturity more than three months | (117,736,518) | Â | (71,857,695) | ||
Total cash and cash equivalent | Â | 316,361,888 | Â | 259,628,642 |
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Condensed Separate Interim statement of changes in shareholders' equity | ||||||||||||
 | Issued and paid up capital | Legal reserve | General reserve | General risk reserve | Special reserve | Capital reserve | Reserve for financial assets at fair value through OCI | Banking risks reserve | IFRS 9 risk reserve | Retained earnings | Reserve for employee stock ownership plan | Total |
Jun. 30, 2023 | ||||||||||||
Beginning Balance at 1 Januray 2023 | Â Â Â 29,825,134 | Â Â 3,963,946 | Â Â Â 27,096,858 | Â Â 1,549,445 | Â Â Â -Â Â | Â Â 18,947 | Â Â Â (13,138,461) | Â Â 11,981 | Â Â Â -Â Â | Â Â Â Â 16,497,346 | Â Â Â Â Â Â 1,895,435 | Â Â Â Â Â 67,720,631 |
Capital increase | Â Â Â Â Â Â Â 369,876 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â 369,876 |
Transferred to reserves | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â 806,408 | Â Â Â 12,743,849 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â 2,208 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â (12,388,223) | Â Â Â Â (1,164,242) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â |
Dividend paid | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â (3,738,888) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â (3,738,888) |
Net profit for the period | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â 14,143,571 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â 14,143,571 |
Transferred to RE from financial assets at fair value through OCI | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â (95,308) | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â 95,308 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â |
Net unrealised gain/(loss) on financial assets at fair value through OCI after tax | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â (9,947,459) | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â (9,947,459) |
Transferred (from) to bank risk reserve | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â 3,249 | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â (3,249) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â |
Effect of ECL in fair value of debt instruments measured at fair value through OCI | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â 204,804 | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â 204,804 |
Cost of employees stock ownership plan (ESOP) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â 402,192 | Â Â Â Â Â Â Â Â Â Â 402,192 |
 Balance at 30 June 2023 |    30,195,010 |   4,770,354 |    39,840,707 |   1,549,445 |    -  |   21,155 |    (22,976,424) |   15,230 |    -  |     14,605,865 |       1,133,385 |      69,154,727 |
Jun. 30, 2024 | Â | Â | Â | Â | Â | Â | Â | Â | Â | Â | Â | Â |
Beginning Balance at 1 Januray 2024 | Â Â Â 30,195,010 | Â Â 4,770,354 | Â Â Â 39,840,707 | Â Â 1,549,445 | Â Â Â -Â Â | Â Â 21,155 | Â Â Â (16,808,265) | Â Â 15,230 | Â Â Â -Â Â | Â Â Â Â 29,230,360 | Â Â Â Â Â Â 1,486,010 | Â Â Â Â Â 90,300,006 |
Capital increase | Â Â Â Â Â Â Â 236,570 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â 236,570 |
Transferred to reserves | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â 1,438,320 | Â Â Â 22,582,085 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â 1,663 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â (23,398,943) | Â Â Â Â Â Â Â (623,125) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â |
Dividend paid | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â (5,366,429) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â (5,366,429) |
Net profit for the period | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â 27,683,178 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â 27,683,178 |
Transferred to RE from financial assets at fair value through OCI | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â |
Net unrealised gain/(loss) on financial assets at fair value through OCI after tax | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â 4,073,707 | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â 4,073,707 |
Transferred (from) to banking risk reserve | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â 2,694 | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â (2,694) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â |
Effect of ECL in fair value of debt instruments measured at fair value through OCI | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â 751,734 | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â 751,734 |
Cost of employees stock ownership plan (ESOP) | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -Â Â | Â Â Â Â Â Â Â Â Â 533,219 | Â Â Â Â Â Â Â Â Â Â 533,219 |
 Balance at 30 June 2024 |    30,431,580 |   6,208,674 |    62,422,792 |   1,549,445 |    -  |   22,818 |    (11,982,824) |   17,924 |    -  |     28,145,472 |       1,396,104 |    118,211,985 |
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Hussein Abaza | Hisham Ezz Al-Arab | ||||
 | CEO & Managing Director | Chairman | |||
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