Page 73 - Agib Bank Ltd Annual Report and IFRS Financial statements 2020

Issued ordinary shares at 1 January 25,390,495 25,390,495
Effect of share options exercise - -
Weighted average number of ordinary shares at 31 December 25,390,495 25,390,495

Diluted earnings per share
The calculation of diluted earnings per share at 31 December 2020 was based on the profit
attributable to ordinary shareholders of D42,856million (2019: D15.236million) and a weighted
average number of ordinary shares outstanding after adjustment for the effects of all dilutive potential
ordinary shares of 25,390,495 (2019: 25,390,495), calculated as follows:

Profit attributable to ordinary shareholders (diluted)
2020 2019
Profit for the period attributable to
ordinary shareholders 42,856 15.236

Weighted average number of ordinary shares (diluted)

Weighted average number of ordinary shares (basic) -
Effect of share options on issue - -
Weighted average number of ordinary
shares (diluted) at 31 December 25,390,495 25,390,495

18 Cash and cash equivalents

2020 2019

Cash and cash equivalents
Cash and foreign monies 230,016 134,312

Operating account with the Central Bank 667,134 179,497
3 Months Sukuk Al Salaam - 45,605
Total cash and cash equivalents 897,150 359,414
Central Bank restricted funds 126,453 55,399
Cash and Cash as per statement of cashflow 770,697 304,015

19 Islamic financing and related assets

2020 2019

Islamic financing and related assets

Murabaha receivables- 940,379 557,494 238,189
Ijara Financing 1,062 1,062 1,439
Istisnaa Receivables 221 235 2,311
Overdraft 79,217 97,446 114,171
Mudaraba Financing 88,607 84,625 80,834

58
Annual Report and IFRS Financial Statements for the year ended 31 December 2020 72