Group Performance
Financial Highlights and Analysis
1,177Assets (in Billion AED)
Assets grew 6.9 per cent reaching a record AED 1,176.8 Billion, supported by the much higher level of activity overall.
- 879
- 1,121
- 1,110
- 1,101
- 1,177
267Revenue(in Billion AED)
Revenue reached a record AED 267.4 Billion, a 58 per cent increase compared to the prior year, with a significant surge in travel and tourism activities reflected in the Transportation and Other segments, and a jump in Oil & Gas revenues on much higher oil prices.
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- 232
- 228
- 136
- 169
- 267
36.1Profit/(Loss) for the Year (in Billion AED)
The Group reported a Net Profit of AED 36.1 Billion, its best ever performance. Overall, revenues grew faster than operational costs, boosting margins. Profitability improved across all segments. Transportation returned to profitability in an impressive turnaround, Oil & Gas increased its profit by 82 per cent, and the Other segment by 115 per cent buoyed by strong fundamentals in the real estate and hospitality sectors and record earnings from the aluminium production. Banking and Financial Services, the largest contributor this year, generated AED 15.3 Billion of Net Profit. The Net Profit attributable to the equity holder was a record AED 29.8 Billion
- 21
- 25
- (15.5)
- 10.1
- 36.1
217Equity Attributable
to the Equity Holder(in Billion AED)
Equity reached AED 268.7 Billion, a AED 30.3 Billion increase, boosted primarily by the current year’s Net Profit. Group’s share of Equity increased by13.6 per cent, rising to a new record of AED 216.5 Billion
- 198
- 205
- 193
- 191
- 217
Financial Statements
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Consolidated financial statements as at 30 June 2023 View
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Consolidated financial statements as at 31 December 2022 View
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Consolidated financial statements as at 30 June 2022 View
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Consolidated financial statements as at 31 December 2021 View
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Consolidated financial statements as at 30 June 2021 View
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Consolidated financial statements as at 31 December 2020 View
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Consolidated financial statements as at 30 June 2020 View
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Consolidated financial statements as at 31 December 2019 View
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Consolidated financial statements as at 30 June 2019 View
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Consolidated financial statements as at 31 December 2018View
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Consolidated financial statements as at 30 June 2018View
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Consolidated financial statements as at 31 December 2017View
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Consolidated financial statements as at 30 June 2017View
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Consolidated financial statements as at 31 December 2016View
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Consolidated financial statements as at 30 June 2016View
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Consolidated financial statements as at 31 December 2015View
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Consolidated financial statements as at 31 December 2014View
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Consolidated financial statements as at 30 June 2014View
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Consolidated financial statements as at 31 December 2013View
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Consolidated financial statements as at 30 June 2013View