Condensed Consolidated F.Statements June 30

Commercial Intnl Bank (Egypt) SAE

21 July 2026

 

http://www.rns-pdf.londonstockexchange.com/rns/1119N_1-2026-7-20.pdf

Condensed Consolidated Interim Statement of Financial Position as at June 30, 2026
		Notes	Jun. 30, 2026		Dec. 31, 2025
	Assets
	Cash and balances at the central bank	14	144,083,579		88,876,452
	Due from banks	15	213,509,638		135,236,549
	Loans and advances to banks, net	17	48,462,194		34,440,770
	Loans and advances to customers, net	18	597,785,831		507,953,766
	Derivative financial instruments		399,402		620,349
	Financial investments
	- Financial Assets at Fair Value through OCI	19.1	348,654,793		376,397,929
	- Financial Assets at Amortized cost	19.1	269,977,831		236,672,175
	Investments in associates	20	51,807		45,210
	Non-current assets held for sale	32	190,054		182,827
	Other assets	21	58,636,578		54,040,912
	Deferred tax assets		2,437,842		2,545,499
	Property and equipment	22	5,850,379		5,481,682
	Total assets		1,690,039,928		1,442,494,120
	Liabilities and equity
	Liabilities
	Due to banks	23	42,856,364		3,353,746
	Due to customers	24	1,308,646,344		1,110,395,693
	Non-current liabilities held for sale	33	54,956		53,860
	Derivative financial instruments		227,032		137,802
	Current income tax liabilities		12,351,399		20,570,313
	Other liabilities	25	32,905,897		25,595,390
	Issued debt instruments	26	4,922,120		4,761,558
	Other loans		34,616,250		30,471,499
	Other provisions	27	15,043,327		15,640,041
	Total liabilities		1,451,623,689		1,210,979,902
	Equity
	Issued and paid capital		34,051,391		33,779,361
	Reserves		136,938,489		105,849,176
	Reserve for employee stock ownership plan (ESOP)		2,295,868		2,343,532
	Retained earnings*		65,117,363		89,514,273
	Total equity and net profit for the period / year		238,403,111		231,486,342
	Non-Controlling Interest		13,128		27,876
	Total NCI, equity and net profit for the period / year		238,416,239		231,514,218
	Total liabilities and equity		1,690,039,928		1,442,494,120
	The accompanying notes are an integral part of these financial statements.
	(Review report attached)
*	Including net profit for the period
	Islam Zekry		Hisham Ezz Al-Arab
	Group CFO & Executive Board Member		CEO & Executive Board Member

Condensed Consolidated Interim Income Statement for The Period Ended June 30, 2026
		Last 6 Months		Last 6 Months
	Notes	Jun. 30, 2026		Jun. 30, 2025
Interest and similar income		110,568,003		105,160,947
Interest and similar expense		(49,741,855)		(53,825,527)
Net interest income		60,826,148		51,335,420
Fee and commission income		10,042,456		7,444,430
Fee and commission expense		(4,214,535)		(3,294,001)
Net fee and commission income		5,827,921		4,150,429
Dividend income		186,093		39,083
Net trading income	9	1,455,384		1,247,489
Profits (losses) on financial investments	19.2	545,790		622,565
Administrative expenses		(10,356,040)		(7,915,569)
Other operating income (expenses)	10	(3,850,419)		(3,558,772)
Release (charges) for ECL	11	(482,430)		333,558
Bank's share in the profits (losses) of associates		6,597		5,489
Profit before income tax		54,159,044		46,259,692
Income tax expense	12	(14,495,340)		(13,462,229)
Deferred tax assets (liabilities)	12	(349,978)		549,173
Net profit for the period		39,313,726		33,346,636
Non-Controlling Interest		267		946
Bank's shareholders		39,313,459		33,345,690
Earnings per share	13
Basic		10.23		8.82
Diluted		10.11		8.71
Islam Zekry		Hisham Ezz Al-Arab
Group CFO & Executive Board Member		CEO & Executive Board Member

Condensed Consolidated Interim Statement of Comprehensive Income for The Period Ended June 30, 2026
		Last 6 Months		Last 6 Months
		Jun. 30, 2026		Jun. 30, 2025
Net profit for the period		39,313,726		33,346,636
Transferred to RE from financial assets at fair value through OCI		-		3,586
Net change on financial assets at fair value through comprehensive income after tax		(3,867,224)		5,056,845
Cumulative foreign currencies translation differences		383,255		(215,827)
Effect of ECL on debt instruments measured at fair value through OCI		(942,320)		142,274
Total comprehensive income for the period		34,887,437		38,333,514
As follows:
Bank's shareholders		34,887,170		38,250,562
Non-Controlling Interest		267		82,952
Total comprehensive income for the period		34,887,437		38,333,514

Condensed Consolidated Interim Cash Flows for The Period Ended June 30, 2026
	Notes	Jun. 30, 2026		Jun. 30, 2025
Cash flow from operating activities
Profit before income tax		54,159,044		46,259,692
Adjustments to reconcile profits to net cash provided by operating activities
Fixed assets depreciation	22	1,187,993		1,199,285
Impairment release/charge for credit losses (loans and advances to customers and banks)	11	784,879		(853,542)
Net charge/release for other provisions	27	589,360		1,028,755
Impairment release/charge for credit losses (due from banks)	11	13,971		143,346
Impairment release/charge for credit losses (financial investments)	11	(316,420)		376,638
Exchange revaluation differences for financial assets at fair value through OCI and AC		(7,418,211)		1,489,447
Revaluation differences impairment charge for Financial Assets at Fair value through OCI		193,153		(92,993)
Revaluation differences impairment charge for Financial Assets at Amortized cost		(28,515)		1,638
Revaluation differences impairment charge for due from banks		3,638		(2,865)
Net utilized/recovered for other provisions	27	(1,190,515)		(1,053)
Exchange revaluation differences of other provisions	27	4,441		291,117
Profits/losses from selling property and equipment		-		(6,006)
Profits/losses from selling financial investments at fair value through OCI	19.2	(545,790)		(345,157)
Profits/losses from selling investments in associates	19.2	-		(277,408)
Share based payments		795,382		653,254
Bank's share in the profits/losses of associates		(6,597)		(5,489)
Operating profits before changes in operating assets and liabilities		48,225,813		49,858,659
Net decrease / increase in assets and liabilities
Due from banks		(47,677,179)		77,313,672
Derivative financial instruments		295,040		24,358
Loans and advances to banks and customers		(104,639,422)		(96,538,045)
Other assets		(3,252,185)		(5,571,542)
Non-current assets held for sale	32	(7,227)		-
Due to banks	23	39,502,618		956,522
Due to customers	24	198,250,651		72,729,202
Current income tax obligations paid		(2,143,941)		(2,089,122)
Non-current liabilities held for sale	33	1,096		(35)
Other liabilities		(12,876,550)		(13,007,521)
Net cash generated from (used in) operating activities		115,678,714		83,676,148
Cash flow from investing activities
Proceeds from sale of investments in associates		-		339,920
Payments for purchases of property, equipment and branches construction		(2,899,117)		(4,828,546)
Proceeds from selling property and equipment	10	-		6,006
Proceeds from redemption of financial assets at amortized cost		11,995,898		4,937,562
Payments for purchases of financial assets at amortized cost		(45,916,509)		(48,979,866)
Payments for purchases of financial assets at fair value through OCI		(83,415,699)		(91,406,698)
Proceeds from selling financial assets at fair value through OCI		114,838,479		65,127,965
Net cash generated from (used in) investing activities		(5,396,948)		(74,803,657)
Condensed Consolidated Interim Cash Flows for The Period Ended June 30, 2026 (Cont.)
		Jun. 30, 2026		Jun. 30, 2025
Cash flow from financing activities
Other loans		4,144,751		7,288,192
Dividends		(29,052,828)		(14,219,571)
Issued debt instruments		160,562		(118,817)
Capital increase		272,030		276,930
Net cash generated from (used in) financing activities		(24,475,485)		(6,773,266)
Net increase (decrease) in cash and cash equivalent during the period		85,806,281		2,099,225
Beginning balance of cash and cash equivalent		140,542,556		226,610,721
Cash and cash equivalent at the end of the period		226,348,837		228,709,946
Cash and cash equivalent comprise:
Cash and balances at the central bank	14	144,083,579		101,492,185
Due from banks		213,659,929		231,671,573
Treasury bills and other governmental notes	16	151,392,107		124,383,524
Obligatory reserve balance with central bank		(123,872,640)	0	(76,444,950)
Due from banks with maturity more than three months		(7,522,252)		(28,050,433)
Treasury bills and other governmental notes with maturity more than three months		(151,391,886)		(124,341,953)
Total cash and cash equivalent		226,348,837		228,709,946

Condensed Consolidated Interim Statement of Changes in Shareholders' Equity
Jun. 30, 2025	Issued and paid capital	Legal reserve	General reserve	General risk reserve	Special reserve	Reserve for transactions under common control	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Cumulative foreign currencies translation differences	Total Shareholders' Equity	Non-Controlling Interest	Total
Beginning balance	30,431,580	6,208,674	62,422,792	1,550,906	-	(670,972)	22,818	(7,145,283)	17,924	56,791,883	1,868,235	1,137,720	152,636,277	183,044	152,819,321
Capital increase	276,930	-	-	-	-	-	-	-	-	-	-	-	276,930	-	276,930
Transferred to reserves	-	2,771,284	19,758,610	-	-	-	2,246	-	-	(21,744,828)	(787,312)	-	-	-	-
Net profit for the period	-	-	-	-	-	-	-	-	-	33,345,690	-	-	33,345,690	946	33,346,636
Dividends paid	-	-	-	-	-	-	-	-	-	(14,714,434)	-	-	(14,714,434)	(59,420)	(14,773,854)
Transferred to RE from financial assets at fair value through OCI	-	-	-	-	-	-	-	3,586	-	(3,586)	-	-	-	-	-
Transferred to general risk reserve	-	-	-	26,186	-	-	-	-	-	(26,186)	-	-	-	-	-
Net change on financial assets at fair value through OCI after tax	-	-	-	-	-	-	-	4,974,839	-	-	-	-	4,974,839	82,006	5,056,845
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	-	(2,628)	2,628	-	-	-	-	-
Effect of ECL on debt instruments measured at fair value through OCI	-	-	-	-	-	-	-	142,274	-	-	-	-	142,274	-	142,274
Cost of employees' stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	-	653,254	-	653,254	-	653,254
Cumulative foreign currencies translation differences	-	-	-	-	-	-	-	-	-	-	-	(215,827)	(215,827)	-	(215,827)
Ending balance	30,708,510	8,979,958	82,181,402	1,577,092	-	(670,972)	25,064	(2,024,584)	15,296	53,651,167	1,734,177	921,893	177,099,003	206,576	177,305,579
Jun. 30, 2026	Issued and paid capital	Legal reserve	General reserve	General risk reserve	Special reserve	Reserve for transactions under common control	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Cumulative foreign currencies translation differences	Total Shareholders' Equity	Non-Controlling Interest	Total
Beginning balance	33,779,361	8,979,958	79,110,551	1,577,092	13,145,012	(670,972)	25,064	2,825,146	15,296	89,514,273	2,343,532	842,029	231,486,342	27,876	231,514,218
Capital increase	272,030	-	-	-	-	-	-	-	-	-	-	-	272,030	-	272,030
Transferred to reserves	-	4,089,832	31,449,216	-	-	-	13,005	-	-	(34,709,007)	(843,046)	-	-	-	-
Dividends paid	-	-	-	-	-	-	-	-	-	(29,037,813)	-	-	(29,037,813)	(15,015)	(29,052,828)
Net profit for the period	-	-	-	-	-	-	-	-	-	39,313,459	-	-	39,313,459	267	39,313,726
Transferred to general risk reserve	-	-	-	(27,647)	-	-	-	-	-	27,647	-	-	-	-	-
Net change on financial assets at fair value through OCI after tax	-	-	-	-	-	-	-	(3,867,224)	-	-	-	-	(3,867,224)	-	(3,867,224)
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	-	(8,804)	8,804	-	-	-	-	-
Effect of ECL on debt instruments measured at fair value through OCI	-	-	-	-	-	-	-	(942,320)	-	-	-	-	(942,320)	-	(942,320)
Cost of employees' stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	-	795,382	-	795,382	-	795,382
Cumulative foreign currencies translation differences	-	-	-	-	-	-	-	-	-	-	-	383,255	383,255	-	383,255
Ending balance	34,051,391	13,069,790	110,559,767	1,549,445	13,145,012	(670,972)	38,069	(1,984,398)	6,492	65,117,363	2,295,868	1,225,284	238,403,111	13,128	238,416,239

 

END