Page 7 - Agib Bank Limited Annual Report 2021
P. 7
Financial Statements and Annual Report
Financial Highlights
2021 2020 % Change
D’000 D’000
Income Statement
Profit before tax 86,690 59,114 46.65%
Profit after tax 63,268 42,856 47.63%
Net income from Islamic finances 119,650 62,444 91.61%
Operating expenses (152,512) (132,548) 15.06%
Impairment (55,192) (9,264) 495.77%
Balance sheet
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4
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9
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Total Assets 2,911,580 33.89%
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Islamic financing and related assets 2,180,134 1,159,410 88.04%
Customer Deposits 3,420,188 2,482,733 37.76%
Equity 400,651 337,383 18.75%
Ratios
Earnings Per Share (Dalasis) 2.49 1.69 47.34%
Return on Asset (ROA) 1.62% 1.48% 9.46%
Return on Equity (ROE) 21.64% 17.53% 23.45%
Capital Adequacy 13.77% 10.13% 35.93%
Cost to Income Ratio 51.81% 65.97% (21.46)%
Liquidity Ratio 80.90% 124.10% (34.81)%
Loan to Deposit Ratio 63.70% 46.60% 36.70%
Non Performing Loans Ratio 5.30% 5.05% 4.95%
Annual Report and IFRS Financial Statements
Agib Bank Annual Report 2021 www.agib.gm 7
