group-perfomance

Group Performance

Financial Highlights and Analysis

1,101Assets (in Billion AED)

Assets down 1 per cent to AED 1,101.1 Billion, primarily due to lower Banking balances offsetting the growth of non-Banking operational balances, and a cautious approach to CapEx deployment.

  • 844
  • 879
  • 1,121
  • 1,110
  • 1,101

169Revenue(in Billion AED)

Revenues were AED 169.4 Billion, up 24.5 per cent compared to the prior year period, driven primarily by rallying commodities prices in Oil & Gas, higher levels of activity in Transportation, and strong momentum in the Other segment as global travel restrictions gradually eased. Expo 2020 Dubai also acted as a catalyst for the recovery.

    • 201
    • 232
    • 228
    • 136
    • 169

10.1Profit/(Loss) for the Year (in Billion AED)

The Group reported a Net Profit of AED 10.1 Billion reflecting a large positive swing in profitability, with improvements across all segments, helped primarily by revenue growth, rigorous cost discipline, and lower impairments in the Banking, Real Estate, and Hospitality sectors. Aluminium production operations also contributed materially to these results. The Net Profit attributable to the equity holder was AED 5.5 Billion.

  • 25
  • 21
  • 25
  • (15.5)
  • 10.1

191Equity Attributable
to the Equity Holder(in Billion AED)

Equity decreased by 1.2 per cent to AED 238.4 Billion, as ICD’s distributions to the Government exceeded net earnings and the Turkish Lira depreciation impacted ENBD’s net assets. Equity attributable to the equity holder of ICD decreased by 1 per cent to AED 190.6 Billion.

  • 190
  • 198
  • 205
  • 193
  • 191

Financial Statements

  1. Consolidated financial statements as at 30 June 2022 View

  2. Consolidated financial statements as at 31 December 2021 View

  3. Consolidated financial statements as at 30 June 2021 View

  4. Consolidated financial statements as at 31 December 2020 View

  5. Consolidated financial statements as at 30 June 2020 View

  6. Consolidated financial statements as at 31 December 2019 View

  7. Consolidated financial statements as at 30 June 2019 View

  8. Consolidated financial statements as at 31 December 2018View

  9. Consolidated financial statements as at 30 June 2018View

  10. Consolidated financial statements as at 31 December 2017View

  11. Consolidated financial statements as at 30 June 2017View

  12. Consolidated financial statements as at 31 December 2016View

  13. Consolidated financial statements as at 30 June 2016View

  14. Consolidated financial statements as at 31 December 2015View

  15. Consolidated financial statements as at 31 December 2014View

  16. Consolidated financial statements as at 30 June 2014View

  17. Consolidated financial statements as at 31 December 2013View

  18. Consolidated financial statements as at 30 June 2013View

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Annual Reports

2018

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2019

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2020

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2021

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