Consolidated Statement of Income

For the years ended 31 December	Notes	2021 (SAR ’000)	2020 (SAR ’000)
Income
Gross financing and investment income	17	21,441,506	17,377,963
Return on customers’, banks’ and financial institutions’ time investments	17	(1,049,570)	(464,946)
Net financing and investment income	17	20,391,936	16,913,017
Fee from banking services, net	18	3,933,107	2,659,680
Exchange income, net		787,898	783,894
Other operating income, net	19	603,457	364,669
Total operating income		25,716,398	20,721,260
Expenses
Salaries and employees’ related benefits	20	3,132,346	2,977,344
Depreciation and amortisation	8&9	1,141,932	1,118,148
Other general and administrative expenses	21	2,652,244	2,646,409
Operating expenses before credit impairment charge		6,926,522	6,741,901
Impairment charge for financing and other financial assets, net	7	2,345,086	2,165,740
Total operating expenses		9,271,608	8,907,641
Income for the year before Zakat		16,444,790	11,813,619
Zakat for the year	37	(1,698,579)	(1,218,071)
Net income for the year		14,746,211	10,595,548
Basic and diluted earnings per share (in SAR)	22	5.90	4.24

The accompanying Notes from 1 to 40 form an integral part of these consolidated financial statements.