group-perfomance

Group Performance

 

Financial Highlights and Analysis

1,121Assets (in Billion AED)

Assets increased to a record AED 1,121.3 Billion, rising 27.5 per cent from the year-end 2018, whilst Liabilities reached AED 869.7 Billion, rising 35.6 per cent, both mainly driven by the acquisition of DenizBank A.S., the continued business growth as well as the implementation of new IFRS 16 – Lease accounting rules.

9.85% CAGR since 2009

  • 720
  • 770
  • 844
  • 879
  • 1,121

228Revenue(in Billion AED)

Revenues were AED 228.0 Billion, down by 1.9 per cent, with a drop in Oil and Gas revenues and a marginally lower Transportation income offset by higher income in Banking and Financial Services and in the Other segment. Banking and Financial Services include DenizBank A.Ş, EmiratesNBD’s new acquisition.

8.80% CAGR since 2009

  • 177
  • 177
  • 201
  • 232
  • 228

25Profit for the Year (in Billion AED)

Growth in Profit for the year reaching AED 25.0 Billion compared to AED 21.4 Billion in the previous year, was primarily driven by a record contribution from Banking and Financial Services and a strong performance from Transportation. These increases were offset by lower contributions from Oil and Gas and aluminium production.

Banking and Financial Services results benefited from an AED 4.4 Billion gain on the partial disposal of Network International Holdings Plc, and the fair value measurement of its remaining stake. Transportation’s results were helped materially by lower fuel costs during the year.

Profit for the year attributable to the equity holder of ICD was AED 18.0 Billion compared to last year’s AED 16.3 Billion, an increase of 10.7 per cent.

5.27% CAGR since 2009

  • 28
  • 22
  • 25
  • 21
  • 25

205Equity Attributable
to the Equity Holder(in Billion AED)

Equity reached AED 251.6 Billion from AED 237.8 Billion, as a result of the ICD Group’s overall performance and despite an AED 9.7 Billion one-time adjustment relating to the adoption of IFRS 16. Equity attributable to the equity holder of ICD increased by 3.5 per cent to AED 204.6 Billion.

9.05% CAGR since 2009

  • 162
  • 174
  • 190
  • 198
  • 205

Financial Statements

  1. Consolidated financial statements as at 30 June 2020 View

  2. Consolidated financial statements as at 31 December 2019 View

  3. Consolidated financial statements as at 30 June 2019 View

  4. Consolidated financial statements as at 31 December 2018View

  5. Consolidated financial statements as at 30 June 2018View

  6. Consolidated financial statements as at 31 December 2017View

  7. Consolidated financial statements as at 30 June 2017View

  8. Consolidated financial statements as at 31 December 2016View

  9. Consolidated financial statements as at 30 June 2016View

  10. Consolidated financial statements as at 31 December 2015View

  11. Consolidated financial statements as at 31 December 2014View

  12. Consolidated financial statements as at 30 June 2014View

  13. Consolidated financial statements as at 31 December 2013View

  14. Consolidated financial statements as at 30 June 2013View

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Annual Reports

2018

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2019

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