group-perfomance

Group Performance

Financial Highlights and Analysis

1,110Assets (in Billion AED)

Assets were down 1.0 per cent from the year-end 2019 to AED 1,110.6 Billion demonstrating resilience despite stress in some key businesses due to the pandemic.

  • 770
  • 844
  • 879
  • 1,121
  • 1,110

136Revenue(in Billion AED)

Revenues were AED 136.1 Billion, a 40.3 per cent decrease from the prior year, with material drops in Transportation and Oil & Gas revenues, and flat income in Banking and Financial Services (helped by a full year contribution from DenizBank A.Ş. as part of EmiratesNBD).

  • 177
  • 201
  • 232
  • 228
  • 136

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

The Group reported a Net Loss for the year of AED 15.5 Billion, with losses primarily from Transportation, and to a lesser extent, Hospitality activities, and profits mostly coming from resilient Banking and Financial Services operations.

The pandemic restrictions imposed across the globe affected all travel, hospitality, retail and real estate activities to various degrees and contributed to a material decline in the price and demand for oil.

The Net Loss attributable to the equity holder was AED 18.9 Billion compared to last year’s Net profit attributable to the equity holder of AED 18.0 Billion.

  • 22
  • 25
  • 21
  • 25
  • (15.5)

193Equity Attributable
to the Equity Holder(in Billion AED)

Equity decreased by 4.1 per cent to AED 241.3 Billion, as ICD Group’s overall performance was severely affected by the pandemic.

Equity attributable to the equity holder of ICD decreased by 5.9 per cent to AED 193 Billion.

  • 174
  • 190
  • 198
  • 205
  • 193

Financial Statements

  1. Consolidated financial statements as at 31 December 2020 View

  2. Consolidated financial statements as at 30 June 2020 View

  3. Consolidated financial statements as at 31 December 2019 View

  4. Consolidated financial statements as at 30 June 2019 View

  5. Consolidated financial statements as at 31 December 2018View

  6. Consolidated financial statements as at 30 June 2018View

  7. Consolidated financial statements as at 31 December 2017View

  8. Consolidated financial statements as at 30 June 2017View

  9. Consolidated financial statements as at 31 December 2016View

  10. Consolidated financial statements as at 30 June 2016View

  11. Consolidated financial statements as at 31 December 2015View

  12. Consolidated financial statements as at 31 December 2014View

  13. Consolidated financial statements as at 30 June 2014View

  14. Consolidated financial statements as at 31 December 2013View

  15. 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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