financial statements

consolidated statement of income

For the year ended 31 December	Notes	2025 (X ’000)	2024 (X ’000)
Income
Gross financing and investment income	22	55,849,516	47,018,123
Gross financing and investment return	22	(26,003,845)	(22,175,077)
Net financing and investment income	22	29,845,671	24,843,046
Fee from banking services, income	23	12,686,142	10,768,382
Fee from banking services, expenses	23	(6,816,935)	(6,075,655)
Fee from banking services, net	23	5,869,207	4,692,727
Exchange income, net		1,558,950	1,292,866
Other operating income, net	24	1,820,137	1,226,664
Total operating income		39,093,965	32,055,303
Expenses
Salaries and employees’ related benefits	25	4,025,571	3,723,809
Depreciation and amortization	11 ,12	2,369,057	1,981,914
Other general and administrative expenses	26	2,732,360	2,264,941
Total operating expenses before credit impairment charge		9,126,988	7,970,664
Impairment charge for financing and other financial assets, net	8	2,320,481	2,116,744
Total operating expenses		11,447,469	10,087,408
Net income for the year before Zakat		27,646,496	21,967,895
Zakat Expense	27	(2,821,986)	(2,236,709)
Net income for the year		24,824,510	19,731,186
Net income for the year attributable to:
Bank’s shareholders		24,791,754	19,722,206
Non-controlling interests		32,756	8,980
Net income for the year		24,824,510	19,731,186
Basic and diluted earnings per share (X)	28	5.85	4.67

The accompanying Notes from 1 to 44 form an integral part of these consolidated financial statements.

Chairman

Chief Executive Officer

Chief Financial Officer

INTEGRATED ANNUAL REPORT 2025