FINANCIAL RESULTS

(US$ million)

2018

2019

2020


For the year
Gross Operating and Other Income
Operating Expenses
Net Profit


177
52
107


208
52
131


96
46
(35)

At year end
Total Assets
Interest Bearing Securities and Funds
Equities and Managed Funds
Projects and Equity Participations
Deposits
Shareholders’ Equity

3,498
689
396
1,862
298
2,598

3,534
796
429
1,779
418
2,623

3,271
794
414
1,559
418
2,353

Selected Ratios (%)
Profitability
Return on Paid-up Capital
Return on Adjusted Shareholders’ Equity

5.1
3.9

6.2
4.6


Capital
BIS Ratios
– Total
– Tier 1
Shareholders’ Equity as a % of Total Assets

40.9
40.9
74.3

44.2
44.2
74.2

37.5
37.5
71.9

Asset Quality
Marketable Securities as a % of Total Assets
GCC Country Risk as a % of Total Assets

27.0
80.7

27.2
76.5

28.9
78.1

Liquidity
Liquid Assets Ratio

34.8

45.3

48.7

Productivity
Operating Income as Multiple of Operating Expenses

3.4

4.0

2.1