Riyad Bank — Earnings Release 2013

Oct 7, 2013

Riyad Bank announces the interim financial results for the period ending on 30-09-2013 (Nine Months)

1010 · 07/10/2013 07:55:35 · Announcement #32119 · View on Saudi Exchange

Riyad Bank announces the interim financial results for the period ending on 30-09-2013 (Nine Months)

Element	Current quarter	Similar quarter for previous year	% Change current	Previous quarter	% Change previous
Net profit (loss)	998	840	18.81	968	3.1
Total profit (loss) operation income\ Investments	1,739	1,667	4.32	1,816	-
Net profit (loss) special commission income\ Investments	1,215	1,117	8.77	1,166	4.2
All figures are in (Millions) Saudi Arabia, Riyals

Element	Current period	Similar period for previous year	% Change
Net profit (loss)	2,917	2,656	9.83
Total profit (loss) operation income\ Investments	5,279	5,116	3.19
Net profit (loss) special commission income\ Investments	3,470	3,281	5.76
Earning or loss per share, Riyals	1.94	1.77	-
Total Assets	201,799	177,095	13.95
Investments	38,025	34,095	11.53
Loans and advances portfolio	129,903	115,287	12.68
Customer deposit	154,194	134,928	14.28
All figures are in (Millions) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year	Increase in banks total operating income and the drop in total operating expenses
Reasons of increase (decrease) for period compared with same period last year	Increase in banks total operating income and the drop in total operating expenses
Reason of increase (decrease) for quarter compared with the previous quarter	Mainly due to the drop in total operating expenses
Reclassifications in quarterly financial results	Banks Share in earnings of associates, net is shown separately in 2012, while it was part of 2012 Total Operating Income. Total Operating Income of 2012 has been adjusted accordingly.

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.