Alinma Bank — Earnings Release 2012

Jul 10, 2012

Alinma Bank announces the interim consolidated financial results for the period ended June 30, 2012 (six months)

1150 · 10/07/2012 09:57:48 · Announcement #26365 · View on Saudi Exchange

Alinma Bank announces the interim consolidated financial results for the period ended June 30, 2012 (six months)

Alinma Bank announces the interim consolidated financial results for the period ended June 30, 2012 (six months) as follows:

1.Net income for the second quarter amounted to SAR 179 million, compared to net income of SAR 102 million for the same quarter of previous year with an increase of 75%, and compared to a net income of SAR 150 million for the previous quarter with an increase of 19%.

2.Total operating income for the second quarter amounted to SAR 484 million compared to SAR 307 million for the same quarter of previous year with an increase of 58%.

3.Net income from investments and financing activities for the second quarter amounted to SAR 346 million compared to SAR 278 million for the same quarter of previous year with an increase of 24%.

4.Net income for the six months amounted to SAR 330 million, compared to a net income of SAR 173 million for the same period of previous year with an increase of 91%.

5.Earning per share for the six months period amounted to SAR 0.22 compared to SAR 0.12 for the same period of previous year.

6.Total operating income for the six months amounted to SAR 877 million compared to SAR 569 million for the same period of previous year with an increase of 54%.

7.Net income from investments and financing activities for the six months amounted to SAR 677 million compared to SAR 497 million for the same period of previous year with an increase of 36%.

8.Total Assets as at June 30, 2012 amounted to SAR 44,192 million compared to SAR 32,347 million as of June 30, 2011 with an increase of 37%, Investments as of June 30, 2012 amounted to SAR 2,424 million compared to SAR 2,299 million as of June 30, 2011 with a increase of 5%, Financing portfolio as of June 30, 2012 amounted to SAR 30,034 million compared to SAR 22,503 million as of June 30, 2011 with an increase of 33%, and the Customers deposits as of June 30, 2012 amounted to SAR 25,964 million compared to SAR 13,232 million as of June 30, 2011 with an increase of 96%.

9.Increase in net income in the second quarter and period ended June 30, 2012 compared to same period previous year was mainly due to significant growth in the banking activities. Certain prior period figures have been reclassified to conform with the current year presentation.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.