Riyad Bank — Earnings Release 2012

Jan 14, 2013

RIYAD BANK ANNOUNCED ITS ANNUAL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012 (continued)

1010 · 14/01/2013 16:11:31 · Announcement #28233 · View on Saudi Exchange

RIYAD BANK ANNOUNCED ITS ANNUAL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012 (continued)

9.The increase in net income for the fourth quarter compared to fourth quarter of the previous year is mainly attributed to the increase in banks total operating income.

10.The increase in net income for the twelve months ended 31 December 2012 compared to corresponding period of the previous year is mainly attributed to the increase in banks total operating income.

11.The decrease in net income for the fourth quarter compared to third quarter this year is mainly attributed to the increase in the operating expenses.

12.Banks Share in earnings of associates, net is shown separately in 2012 while it was part of 2011 Total Operating Income. Total Operating Income of 2011 has been adjusted accordingly.

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