Abu Dhabi Islamic Bank (ADIB) 2007 Q2 financial report

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2007 Q2 result list | ADIB forum | Abu Dhabi Islamic Bank - details & pdf financial statements

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AED USD EUR GBP AUD BHD EGP JOD KWD OMR QAR SAR   Precision: 1 2 3
ADIB (listed on ADSM)   Auditor:   Ernst & Young
ADIB accounts in UAE dirhams    
Date of results and share price AED 56.20 on 25 Jul 2007    
Current share price AED 3.04 on 15 Apr 2009    
Chairman Majed Salem Khalifa Al Romaithi
CEO Ahmed Darwish Bin Dagher Al Marar (MD)
Balance Sheet (AED) 31 Dec 2006 30 Jun 2007   %Δ   ? notes
Total Assets 36,290,432,000 41,145,484,000 13%
Total Liabilities (33,522,073,000) (36,145,590,000) 8% Includes Minority Interests
Shareholders Equity 2,768,359,000 4,999,894,000 81% Excludes Minority Interests
Income Statement (AED) 2006 Q2  2007 Q2       
Revenue (Sales) 408,425,000 601,172,000 47% See comments
Cost of Revenues (COGS) (256,705,000) (374,601,000) 46% See comments
Gross Profit 151,720,000 226,571,000 49% See comments
Other Income          
Other Expenses          
Net Profit 135,610,000 180,125,000 33%  
Minority Interests (177,000) (78,000) -56%    
Net Profit due to shareholders 135,433,000 180,047,000 33%
Earnings Per Share stated (annualized) 0.97 (3.88) 0.91 (3.64) -6%  
Ratio Calculations As on 25 Jul 2007      
Number of shares outstanding   150,000,000    
EPS calculated (annualized) 0.90 (3.61) 1.20 (4.80) 33%   2006 Q2 EPS restated
Price to Earnings ratio (PE)* 15.6 11.7   Calculated EPS used
Price to Book Value (PBV) 3.0 1.7 -45%  
Return on Assets (ROA)* 1.5% 1.8% 17%
Return on Equity (ROE)* 19.6% 14.4% -26%
Return on Sales (ROS) or Profit Margin 33.2% 29.9% -10%
*Based on annualized profits          
Comments about Abu Dhabi Islamic Bank Q2 2007 results

Revenue figure includes Islamic financing income but not fees, commission and investment income. COGS figure is taken as Distribution to depositors and sukuk holders which is approximately equivalent to Interest Expense for a non-Islamic bank.

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This page last updated 20-Jan-2009. Company information last updated 25 Jul 2008. E & OE.