⌘K

CIB H1-2024 Consolidated Financial Statements

RNS Number : 1835X

Commercial Intnl Bank (Egypt) SAE

21 July 2024

Condensed Consolidated Interim Statement of Financial Position as at June 30, 2024

Notes

Jun. 30, 2024

Dec. 31, 2023

Assets

Cash and balances at the central bank

43,581,935

71,887,821

Due from banks

306,025,890

231,085,244

Loans and advances to banks, net

1,483,003

822,448

Loans and advances to customers, net

286,164,729

234,985,936

Derivative financial instruments

1,323,696

1,105,148

Financial investments

- Financial Assets at Fair Value through P&L

172,728

- Financial Assets at Fair Value through OCI

265,421,400

233,125,234

- Financial Assets at Amortized cost

109,391,193

38,341,019

- Investments in associates

112,517

115,979

Non current assets held for sale

30.1

248

161

Other assets

38,499,607

18,972,786

Deferred tax assets

2,085,201

1,685,231

Property and equipment

2,905,780

2,739,092

Total assets

1,057,167,927

834,866,099

Liabilities and equity

Liabilities

Due to banks

3,971,737

12,458,003

Due to customers

861,719,735

677,237,479

Non current liabilities held for sale

30.2

1,320

873

Derivative financial instruments

261,033

140,934

Current income tax liabilities

10,328,671

9,395,534

Other liabilities

22,179,161

18,339,465

Issued debt instruments

4,783,017

3,073,349

Other loans

19,558,427

12,483,907

Other provisions

14,986,345

11,095,089

Total liabilities

937,789,446

744,224,633

Equity

Issued and paid up capital

30,431,580

30,195,010

Reserves

58,674,548

28,807,042

Reserve for employee stock ownership plan (ESOP)

1,396,104

1,486,010

Retained earnings *

28,753,211

29,993,331

Total equity and net profit for the period / year

119,255,443

90,481,393

Non Controlling Interest

123,038

160,073

Total minority interest, equity and net profit for the period / year

119,378,481

90,641,466

Total liabilities and equity

1,057,167,927

834,866,099

The accompanying notes are an integral part of these financial statements .

( Limited Review report attached )

Including net profit for the period

Hussein Abaza

Hisham Ezz Al-Arab

CEO & Managing Director

Chairman

Condensed Consolidated Interim Income Statement for the period ended June 30, 2024

Last 6 Months

Notes

Jun. 30, 2024

Jun. 30, 2023

Interest and similar income

81,692,664

45,115,105

Interest and similar expense

(40,155,413)

(21,221,785)

Net interest income

41,537,251

23,893,320

Fee and commission income

5,914,748

4,128,821

Fee and commission expense

(2,505,646)

(1,575,094)

Net fee and commission income

3,409,102

2,553,727

Dividend income

46,101

77,253

Net trading income

17,390,608

2,335,117

Profits (Losses) on financial investments

14.1

297,208

92,572

Administrative expenses

(5,799,128)

(4,296,917)

Other operating income (expenses)

(16,423,342)

(3,423,286)

Goodwill amortization

(20,629)

Intangible assets amortization

(5,183)

Impairment release (charges) for credit losses

(2,052,147)

(1,182,487)

Bank's share in the profits / losses of associates

(3,462)

(26,630)

Profit before income tax

38,402,191

19,996,857

Income tax expense

(11,498,510)

(5,748,429)

Deferred tax assets (Liabilities)

643,621

(142,753)

Net profit from continued operations

27,547,302

14,105,675

Discontinued Operations

Net profit (loss) from discontinued operations

30.3

(49,612)

Net profit for the period

27,547,302

14,056,063

Non Controlling Interest

332

3,474

Bank's shareholders

27,546,970

14,052,589

Earnings per share

Basic

8.08

4.16

Diluted

7.98

4.11

Hussein Abaza

Hisham Ezz Al-Arab

CEO & Managing Director

Chairman

Condensed Consolidated Interim statement of Comprehensive Income for the period ended June 30, 2024

Last 6 Months

Jun. 30, 2024

Jun. 30, 2023

Net profit for the period

27,547,302

14,056,063

Transferred to RE from financial assets at fair value through comprehensive income

(95,308)

Change in fair value of Financial invesments measured at fair value through comprehensive income after tax

4,194,501

(9,949,190)

Cumulative foreign currencies translation differences

877,881

184,795

Effect of ECL on fair value of debt instruments measured at fair value through comprehensive income

751,338

205,751

Total comprehensive income for the period

33,371,022

4,402,111

As follows:

Bank's shareholders

33,370,690

4,398,637

Non Controlling Interest

332

3,474

Total comprehensive income for the period

33,371,022

4,402,111

Condensed Consolidated Interim Cash flows for the period ended June 30, 2024

Notes

Jun. 30, 2024

Jun. 30, 2023

Cash flow from operating activities

Profit before income tax from continued operations

38,402,191

19,996,857

Profit (loss) from discontinued operations

(49,612)

Adjustments to reconcile profits to net cash provided by operating activities

Fixed assets depreciation

521,764

435,552

Impairment Release/charge for credit losses (Loans and advances to customers and banks)

2,383,373

950,009

Other provisions Release/charge

197,789

1,146,383

Impairment Release/charge for credit losses (due from banks)

(431)

5,231

Impairment Release/charge for credit losses (financial investments)

(330,795)

227,247

Impairment Release/charge for other assets

(7,173)

Exchange revaluation differences for financial assets at fair value through OCI and AC

(18,461,627)

(5,858,602)

Goodwill amortization

20,629

Intangible assets amortization

5,183

Revaluation differences Impairment charge for Financial Assets at Fair value through OCI

1,185,435

Revaluation differences Impairment charge for Financial Assets at Amortized cost

100,975

Revaluation differences Impairment charge for due from banks

1,785

Utilization of other provisions

(8,970)

(1,031)

Other provisions no longer used

(4,220)

Exchange Revaluation differences of other provisions

3,706,657

1,178,333

Profits/losses from selling property and equipment

(2,184)

(130)

Profits/losses from selling financial investments at fair value through OCI

14.1

(297,208)

(92,572)

Share based payments

533,219

402,192

Bank's share in the profits / losses of associates

3,462

26,630

Operating profits before changes in operating assets and liabilities

27,924,042

18,392,299

Net decrease / increase in assets and liabilities

Due from banks

35,579,404

31,684,362

Financial assets at fair value through P&L

(172,728)

Derivative financial instruments

167,636

(213,992)

Loans and advances to banks and customers

12 - 13

(54,214,511)

(25,279,763)

Other assets

(18,857,430)

(4,443,895)

Non current assets held for sale

(248)

(214)

Due to banks

(8,486,266)

20,441,352

Due to customers

184,482,256

126,914,539

Current income tax obligations paid

(1,169,839)

(795,945)

Non current liabilities held for sale

1,320

933

Other liabilities

(5,907,589)

2,149,496

Net cash generated from (used in) operating activities

159,346,047

168,849,172

Cash flow from investing activities

Proceeds from sale of investments in associates

7,173

Payment for purchases of property, equipment and branches construction

(1,358,880)

(727,599)

Proceeds from selling property and equipment

2,184

130

Proceeds from redemption of financial assets at amortized cost

1,440,627

196,783

Payment for purchases of financial assets at amortized cost

(70,069,828)

(9,121,279)

Payment for purchases of financial assets at fair value through OCI

(58,957,315)

(51,268,261)

Proceeds from selling financial assets at fair value through OCI

46,444,442

59,321,328

Payment for investment in subsidiaries

(1,008,761)

Net cash generated from (used in) investing activities

(82,491,597)

(2,607,659)

Condensed Consolidated Interim Cash flows for the period ended June 30, 2024 (Cont.)

Jun. 30, 2024

Jun. 30, 2023

Cash flow from financing activities

Other loans

7,074,520

3,179,561

Dividends paid

(5,116,159)

(3,594,747)

Issued debt instruments

1,709,668

614,030

Capital increase

236,570

369,876

Net cash generated from (used in) financing activities

3,904,599

568,720

Net (decrease) increase in cash and cash equivalent during the period

80,759,049

166,810,233

Beginning balance of cash and cash equivalent

234,317,913

92,969,526

Cash and cash equivalent at the end of the period

315,076,962

259,779,759

Cash and cash equivalent comprise:

Cash and balances at the central bank

43,581,935

33,569,139

Due from banks

306,029,402

282,285,952

Treasury bills and other governmental notes

118,676,181

71,798,021

Obligatory reserve balance with CBE

(25,444,215)

(25,697,561)

Due from banks with maturity more than three months

(10,029,823)

(30,318,097)

Treasury bills and other governmental notes with maturity more than three months

(117,736,518)

(71,857,695)

Total cash and cash equivalent

315,076,962

259,779,759


Condensed Consolidated Interim statement of changes in shareholders' equity
Jun. 30, 2023	Issued and paid up capital	Legal reserve	General reserve	General risk reserve	Reserve for transactions under common control	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Cumulative foreign currencies translation differences	Total Shareholders Equity	Non Controlling Interest	Total


Beginning balance	29,825,134	3,963,946	27,096,858	1,550,906	8,183	18,947	(13,188,818)	11,981	16,393,841	1,895,435	181,324	67,757,737	580,431	68,338,168
Capital increase	369,876	-	-	-	-	-	-	-	-	-	-	369,876	-	369,876
Reserve for transactions under common control	-	-	-	-	(679,155)	-	-	-	-	-	-	(679,155)	-	(679,155)
Transferred to reserves	-	806,408	12,743,849	-	-	2,208	-	-	(12,388,223)	(1,164,242)	-	-	-	-
Dividends paid	-	-	-	-	-	-	-	-	14,052,589	-	-	14,052,589	3,474	14,056,063
Net profit for the period	-	-	-	-	-	-	-	-	(3,738,888)	-	-	(3,738,888)	(17,108)	(3,755,996)
Change in non controlling interest from acquisition of subsidiaries	-	-	-	-	-	-	-	-	-	-	-	-	(536,867)	(536,867)
Transferred to RE from financial assets at fair value through OCI	-	-	-	-	-	-	(95,308)	-	95,308	-	-	-	-	-
Net unrealized gain/(loss) on financial assets at fair value through OCI after tax	-	-	-	-	-	-	(9,949,190)	-	-	-	-	(9,949,190)	-	(9,949,190)
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	3,249	(3,249)	-	-	-	-	-
Effect of ECL in fair value of debt instruments measured at fair value through OCI	-	-	-	-	-	-	205,751	-	-	-	-	205,751	-	205,751
Cost of employees stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	402,192	-	402,192	-	402,192
Cumulative foreign currencies translation differences	-	-	-	-	-	-	-	-	-	-	85,603	85,603	99,192	184,795
Ending balance	30,195,010	4,770,354	39,840,707	1,550,906	(670,972)	21,155	(23,027,565)	15,230	14,411,378	1,133,385	266,927	68,506,515	129,122	68,635,637


Jun. 30, 2024	Issued and paid up capital	Legal reserve	General reserve	General risk reserve	Reserve for transactions under common control	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Cumulative foreign currencies translation differences	Total Shareholders Equity	Non Controlling Interest	Total
Beginning balance	30,195,010	4,770,354	39,840,707	1,550,906	(670,972)	21,155	(16,868,691)	15,230	29,993,331	1,486,010	148,353	90,481,393	160,073	90,641,466
Capital increase	236,570	-	-	-	-	-	-	-	-	-	-	236,570	-	236,570
Transferred to reserves	-	1,438,320	22,582,085	-	-	1,663	-	-	(23,398,943)	(623,125)	-	-	-	-
Dividends paid	-	-	-	-	-	-	-	-	(5,366,429)	-	-	(5,366,429)	(37,367)	(5,403,796)
Net profit for the period	-	-	-	-	-	-	-	-	27,546,970	-	-	27,546,970	332	27,547,302
Transferred to RE from financial assets at fair value through OCI	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in non controlling interest from acquisition of subsidiaries	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transferred from RE to banking risk reserve	-	-	-	-	-	-	-	19,024	(19,024)	-	-	-	-	-
Net unrealised gain/(loss) on financial assets at fair value through OCI after tax	-	-	-	-	-	-	4,194,501	-	-	-	-	4,194,501	-	4,194,501
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	2,694	(2,694)	-	-	-	-	-
Effect of ECL in fair value of debt instruments measured at fair value through OCI	-	-	-	-	-	-	751,338	-	-	-	-	751,338	-	751,338
Cost of employees stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	533,219	-	533,219	-	533,219
Cumulative foreign currencies translation differences	-	-	-	-	-	-	-	-	-	-	877,881	877,881	-	877,881
Ending balance	30,431,580	6,208,674	62,422,792	1,550,906	(670,972)	22,818	(11,922,852)	36,948	28,753,211	1,396,104	1,026,234	119,255,443	123,038	119,378,481

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IR FLFEEDTILFIS

CIB H1-2024 Consolidated Financial Statements - Commercial International Bank (egypt) S.A.E. (GDR) | RNS | Ticker

RNS Number : 1835X

Commercial Intnl Bank (Egypt) SAE

21 July 2024

Condensed Consolidated Interim Statement of Financial Position as at June 30, 2024

Notes

Jun. 30, 2024

Dec. 31, 2023

Assets

Cash and balances at the central bank

43,581,935

71,887,821

Due from banks

306,025,890

231,085,244

Loans and advances to banks, net

1,483,003

822,448

Loans and advances to customers, net

286,164,729

234,985,936

Derivative financial instruments

1,323,696

1,105,148

Financial investments

- Financial Assets at Fair Value through P&L

172,728

- Financial Assets at Fair Value through OCI

265,421,400

233,125,234

- Financial Assets at Amortized cost

109,391,193

38,341,019

- Investments in associates

112,517

115,979

Non current assets held for sale

30.1

248

161

Other assets

38,499,607

18,972,786

Deferred tax assets

2,085,201

1,685,231

Property and equipment

2,905,780

2,739,092

Total assets

1,057,167,927

834,866,099

Liabilities and equity

Liabilities

Due to banks

3,971,737

12,458,003

Due to customers

861,719,735

677,237,479

Non current liabilities held for sale

30.2

1,320

873

Derivative financial instruments

261,033

140,934

Current income tax liabilities

10,328,671

9,395,534

Other liabilities

22,179,161

18,339,465

Issued debt instruments

4,783,017

3,073,349

Other loans

19,558,427

12,483,907

Other provisions

14,986,345

11,095,089

Total liabilities

937,789,446

744,224,633

Equity

Issued and paid up capital

30,431,580

30,195,010

Reserves

58,674,548

28,807,042

Reserve for employee stock ownership plan (ESOP)

1,396,104

1,486,010

Retained earnings *

28,753,211

29,993,331

Total equity and net profit for the period / year

119,255,443

90,481,393

Non Controlling Interest

123,038

160,073

Total minority interest, equity and net profit for the period / year

119,378,481

90,641,466

Total liabilities and equity

1,057,167,927

834,866,099

The accompanying notes are an integral part of these financial statements .

( Limited Review report attached )

Including net profit for the period

Hussein Abaza

Hisham Ezz Al-Arab

CEO & Managing Director

Chairman

Condensed Consolidated Interim Income Statement for the period ended June 30, 2024

Last 6 Months

Notes

Jun. 30, 2024

Jun. 30, 2023

Interest and similar income

81,692,664

45,115,105

Interest and similar expense

(40,155,413)

(21,221,785)

Net interest income

41,537,251

23,893,320

Fee and commission income

5,914,748

4,128,821

Fee and commission expense

(2,505,646)

(1,575,094)

Net fee and commission income

3,409,102

2,553,727

Dividend income

46,101

77,253

Net trading income

17,390,608

2,335,117

Profits (Losses) on financial investments

14.1

297,208

92,572

Administrative expenses

(5,799,128)

(4,296,917)

Other operating income (expenses)

(16,423,342)

(3,423,286)

Goodwill amortization

(20,629)

Intangible assets amortization

(5,183)

Impairment release (charges) for credit losses

(2,052,147)

(1,182,487)

Bank's share in the profits / losses of associates

(3,462)

(26,630)

Profit before income tax

38,402,191

19,996,857

Income tax expense

(11,498,510)

(5,748,429)

Deferred tax assets (Liabilities)

643,621

(142,753)

Net profit from continued operations

27,547,302

14,105,675

Discontinued Operations

Net profit (loss) from discontinued operations

30.3

(49,612)

Net profit for the period

27,547,302

14,056,063

Non Controlling Interest

332

3,474

Bank's shareholders

27,546,970

14,052,589

Earnings per share

Basic

8.08

4.16

Diluted

7.98

4.11

Hussein Abaza

Hisham Ezz Al-Arab

CEO & Managing Director

Chairman

Condensed Consolidated Interim statement of Comprehensive Income for the period ended June 30, 2024

Last 6 Months

Jun. 30, 2024

Jun. 30, 2023

Net profit for the period

27,547,302

14,056,063

Transferred to RE from financial assets at fair value through comprehensive income

(95,308)

Change in fair value of Financial invesments measured at fair value through comprehensive income after tax

4,194,501

(9,949,190)

Cumulative foreign currencies translation differences

877,881

184,795

Effect of ECL on fair value of debt instruments measured at fair value through comprehensive income

751,338

205,751

Total comprehensive income for the period

33,371,022

4,402,111

As follows:

Bank's shareholders

33,370,690

4,398,637

Non Controlling Interest

332

3,474

Total comprehensive income for the period

33,371,022

4,402,111

Condensed Consolidated Interim Cash flows for the period ended June 30, 2024

Notes

Jun. 30, 2024

Jun. 30, 2023

Cash flow from operating activities

Profit before income tax from continued operations

38,402,191

19,996,857

Profit (loss) from discontinued operations

(49,612)

Adjustments to reconcile profits to net cash provided by operating activities

Fixed assets depreciation

521,764

435,552

Impairment Release/charge for credit losses (Loans and advances to customers and banks)

2,383,373

950,009

Other provisions Release/charge

197,789

1,146,383

Impairment Release/charge for credit losses (due from banks)

(431)

5,231

Impairment Release/charge for credit losses (financial investments)

(330,795)

227,247

Impairment Release/charge for other assets

(7,173)

Exchange revaluation differences for financial assets at fair value through OCI and AC

(18,461,627)

(5,858,602)

Goodwill amortization

20,629

Intangible assets amortization

5,183

Revaluation differences Impairment charge for Financial Assets at Fair value through OCI

1,185,435

Revaluation differences Impairment charge for Financial Assets at Amortized cost

100,975

Revaluation differences Impairment charge for due from banks

1,785

Utilization of other provisions

(8,970)

(1,031)

Other provisions no longer used

(4,220)

Exchange Revaluation differences of other provisions

3,706,657

1,178,333

Profits/losses from selling property and equipment

(2,184)

(130)

Profits/losses from selling financial investments at fair value through OCI

14.1

(297,208)

(92,572)

Share based payments

533,219

402,192

Bank's share in the profits / losses of associates

3,462

26,630

Operating profits before changes in operating assets and liabilities

27,924,042

18,392,299

Net decrease / increase in assets and liabilities

Due from banks

35,579,404

31,684,362

Financial assets at fair value through P&L

(172,728)

Derivative financial instruments

167,636

(213,992)

Loans and advances to banks and customers

12 - 13

(54,214,511)

(25,279,763)

Other assets

(18,857,430)

(4,443,895)

Non current assets held for sale

(248)

(214)

Due to banks

(8,486,266)

20,441,352

Due to customers

184,482,256

126,914,539

Current income tax obligations paid

(1,169,839)

(795,945)

Non current liabilities held for sale

1,320

933

Other liabilities

(5,907,589)

2,149,496

Net cash generated from (used in) operating activities

159,346,047

168,849,172

Cash flow from investing activities

Proceeds from sale of investments in associates

7,173

Payment for purchases of property, equipment and branches construction

(1,358,880)

(727,599)

Proceeds from selling property and equipment

2,184

130

Proceeds from redemption of financial assets at amortized cost

1,440,627

196,783

Payment for purchases of financial assets at amortized cost

(70,069,828)

(9,121,279)

Payment for purchases of financial assets at fair value through OCI

(58,957,315)

(51,268,261)

Proceeds from selling financial assets at fair value through OCI

46,444,442

59,321,328

Payment for investment in subsidiaries

(1,008,761)

Net cash generated from (used in) investing activities

(82,491,597)

(2,607,659)

Condensed Consolidated Interim Cash flows for the period ended June 30, 2024 (Cont.)

Jun. 30, 2024

Jun. 30, 2023

Cash flow from financing activities

Other loans

7,074,520

3,179,561

Dividends paid

(5,116,159)

(3,594,747)

Issued debt instruments

1,709,668

614,030

Capital increase

236,570

369,876

Net cash generated from (used in) financing activities

3,904,599

568,720

Net (decrease) increase in cash and cash equivalent during the period

80,759,049

166,810,233

Beginning balance of cash and cash equivalent

234,317,913

92,969,526

Cash and cash equivalent at the end of the period

315,076,962

259,779,759

Cash and cash equivalent comprise:

Cash and balances at the central bank

43,581,935

33,569,139

Due from banks

306,029,402

282,285,952

Treasury bills and other governmental notes

118,676,181

71,798,021

Obligatory reserve balance with CBE

(25,444,215)

(25,697,561)

Due from banks with maturity more than three months

(10,029,823)

(30,318,097)

Treasury bills and other governmental notes with maturity more than three months

(117,736,518)

(71,857,695)

Total cash and cash equivalent

315,076,962

259,779,759


Condensed Consolidated Interim statement of changes in shareholders' equity
Jun. 30, 2023	Issued and paid up capital	Legal reserve	General reserve	General risk reserve	Reserve for transactions under common control	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Cumulative foreign currencies translation differences	Total Shareholders Equity	Non Controlling Interest	Total


Beginning balance	29,825,134	3,963,946	27,096,858	1,550,906	8,183	18,947	(13,188,818)	11,981	16,393,841	1,895,435	181,324	67,757,737	580,431	68,338,168
Capital increase	369,876	-	-	-	-	-	-	-	-	-	-	369,876	-	369,876
Reserve for transactions under common control	-	-	-	-	(679,155)	-	-	-	-	-	-	(679,155)	-	(679,155)
Transferred to reserves	-	806,408	12,743,849	-	-	2,208	-	-	(12,388,223)	(1,164,242)	-	-	-	-
Dividends paid	-	-	-	-	-	-	-	-	14,052,589	-	-	14,052,589	3,474	14,056,063
Net profit for the period	-	-	-	-	-	-	-	-	(3,738,888)	-	-	(3,738,888)	(17,108)	(3,755,996)
Change in non controlling interest from acquisition of subsidiaries	-	-	-	-	-	-	-	-	-	-	-	-	(536,867)	(536,867)
Transferred to RE from financial assets at fair value through OCI	-	-	-	-	-	-	(95,308)	-	95,308	-	-	-	-	-
Net unrealized gain/(loss) on financial assets at fair value through OCI after tax	-	-	-	-	-	-	(9,949,190)	-	-	-	-	(9,949,190)	-	(9,949,190)
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	3,249	(3,249)	-	-	-	-	-
Effect of ECL in fair value of debt instruments measured at fair value through OCI	-	-	-	-	-	-	205,751	-	-	-	-	205,751	-	205,751
Cost of employees stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	402,192	-	402,192	-	402,192
Cumulative foreign currencies translation differences	-	-	-	-	-	-	-	-	-	-	85,603	85,603	99,192	184,795
Ending balance	30,195,010	4,770,354	39,840,707	1,550,906	(670,972)	21,155	(23,027,565)	15,230	14,411,378	1,133,385	266,927	68,506,515	129,122	68,635,637


Jun. 30, 2024	Issued and paid up capital	Legal reserve	General reserve	General risk reserve	Reserve for transactions under common control	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Cumulative foreign currencies translation differences	Total Shareholders Equity	Non Controlling Interest	Total
Beginning balance	30,195,010	4,770,354	39,840,707	1,550,906	(670,972)	21,155	(16,868,691)	15,230	29,993,331	1,486,010	148,353	90,481,393	160,073	90,641,466
Capital increase	236,570	-	-	-	-	-	-	-	-	-	-	236,570	-	236,570
Transferred to reserves	-	1,438,320	22,582,085	-	-	1,663	-	-	(23,398,943)	(623,125)	-	-	-	-
Dividends paid	-	-	-	-	-	-	-	-	(5,366,429)	-	-	(5,366,429)	(37,367)	(5,403,796)
Net profit for the period	-	-	-	-	-	-	-	-	27,546,970	-	-	27,546,970	332	27,547,302
Transferred to RE from financial assets at fair value through OCI	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in non controlling interest from acquisition of subsidiaries	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transferred from RE to banking risk reserve	-	-	-	-	-	-	-	19,024	(19,024)	-	-	-	-	-
Net unrealised gain/(loss) on financial assets at fair value through OCI after tax	-	-	-	-	-	-	4,194,501	-	-	-	-	4,194,501	-	4,194,501
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	2,694	(2,694)	-	-	-	-	-
Effect of ECL in fair value of debt instruments measured at fair value through OCI	-	-	-	-	-	-	751,338	-	-	-	-	751,338	-	751,338
Cost of employees stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	533,219	-	533,219	-	533,219
Cumulative foreign currencies translation differences	-	-	-	-	-	-	-	-	-	-	877,881	877,881	-	877,881
Ending balance	30,431,580	6,208,674	62,422,792	1,550,906	(670,972)	22,818	(11,922,852)	36,948	28,753,211	1,396,104	1,026,234	119,255,443	123,038	119,378,481

END

IR FLFEEDTILFIS

TIDM	CBKD
Share Price	Loading...
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Date	22 Jul 2024
Time	07:00:03
Category	Results
ID	1835X

TIDM	CBKD
Share Price	Loading...
Market Cap	Loading...

Date	22 Jul 2024
Time	07:00:03
Category	Results
ID	1835X

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CIB H1-2024 Consolidated Financial Statements

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