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Statement of Income
2006-12-31
CONSOLIDATED STATEMENT OF INCOME (Unaudited)
 

All figures in US$ Million

 

2006

2005

OPERATING INCOME

Interest income

1,232 

705 

Interest expense

(983)

(512)

Net interest income

249 

193 

Other operating income

235 

159 

Total operating income

484 

352 

 

 

 

Write back of impairment provisions - net

14 

NET OPERATING INCOME AFTER PROVISIONS

484 

366 

 

 

OPERATING EXPENSES

 

Staff

177 

134 

Premises and equipment

25 

23 

Other

60 

54 

Total operating expenses

262 

211 

 

 

 

PROFIT BEFORE TAXATION

222 

155 

 

 

 

Taxation on foreign operations

(17)

(20) 

NET PROFIT FOR THE YEAR

205 

135 

Income attributable to minority interests

(3)

(6) 

INCOME ATTRIBUTABLE TO THE SHAREHOLDERS OF THE PARENT

202 

129 

 

 

 

BASIC AND DILUTED EARNINGS PER SHARE (expressed in US $)

0.20 

0.13 


 

Announcements

Bank ABC named Best Trade Finance Provider in Bahrain by Global Finance Magazine
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