Condensed Separate Financial Statements June 2026

Commercial Intnl Bank (Egypt) SAE

21 July 2026

 

Condensed Separate 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	143,485,898		88,094,579
	Due from banks	15	214,113,557		136,581,804
	Loans and advances to banks, net	17	48,462,194		34,440,770
	Loans and advances to customers, net	18	591,344,701		503,361,099
	Derivative financial instruments		399,402		620,349
	Financial investments
	- Financial Assets at Fair Value through OCI	19.1	347,509,799		375,180,260
	- Financial Assets at Amortized cost	19.1	268,728,776		234,685,457
	Investments in subsidiaries and associates	20	1,257,430		1,157,430
	Non-current assets held for sale	32	279,104		279,104
	Other assets	21	58,484,112		53,904,113
	Deferred tax assets		2,277,379		2,410,347
	Property and equipment	22	5,816,299		5,437,519
	Total assets		1,682,158,651		1,436,152,831
	Liabilities and equity
	Liabilities
	Due to banks	23	42,027,539		3,796,866
	Due to customers	24	1,303,791,233		1,105,355,617
	Derivative financial instruments		227,032		137,802
	Current income tax liabilities		12,333,227		20,570,313
	Other liabilities	25	32,405,364		25,411,706
	Issued debt instruments	26	4,922,120		4,761,558
	Other loans		34,616,250		30,471,499
	Other provisions	27	15,035,711		15,632,737
	Total liabilities		1,445,358,476		1,206,138,098
	Equity
	Issued and paid capital		34,051,391		33,779,361
	Reserves		136,490,608		105,426,594
	Reserve for employee stock ownership plan (ESOP)		2,295,868		2,343,532
	Retained earnings*		63,962,308		88,465,246
	Total equity and net profit for the period / year		236,800,175		230,014,733
	Total liabilities and equity		1,682,158,651		1,436,152,831
	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 Separate 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		110,017,873		104,727,073
Interest and similar expense		(49,541,711)		(53,575,810)
Net interest income		60,476,162		51,151,263
Fee and commission income		9,971,971		7,416,971
Fee and commission expense		(4,210,802)		(3,292,751)
Net fee and commission income		5,761,169		4,124,220
Dividend income		201,078		99,052
Net trading income	9	1,440,487		1,241,158
Profits (losses) on financial investments	19.2	545,790		526,717
Administrative expenses		(9,981,280)		(7,544,381)
Other operating income (expenses)	10	(4,093,152)		(3,546,143)
Release (charges) for ECL	11	(269,660)		345,831
Profit before income tax		54,080,594		46,397,717
Income tax expense	12	(14,463,502)		(13,477,682)
Deferred tax assets (liabilities)	12	(382,014)		489,475
Net profit for the period		39,235,078		33,409,510
Earnings per share	13
Basic		10.35		8.82
Diluted		10.22		8.71
Islam Zekry		Hisham Ezz Al-Arab
Group CFO & Executive Board Member		CEO & Executive Board Member

Condensed Separate 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			39,235,078			33,409,510
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			(3,536,915)			4,622,564
Effect of ECL on debt instruments measured at fair value through OCI			(942,320)			140,134
Total comprehensive income for the period			34,755,843			38,175,794

Condensed Separate 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		54,080,594	#	46,397,717
Adjustments to reconcile profits to net cash provided by operating activities
Fixed assets depreciation	22	1,142,208	#	766,315
Impairment release/charge for credit losses (loans and advances to customers and banks)	11	545,493	#	(866,683)
Net charge/release for other provisions	27	589,048	#	1,024,484
Impairment release/charge for credit losses (due from banks)	11	13,923	#	146,354
Impairment release/charge for credit losses (financial investments)	11	(289,756)	#	374,498
Exchange revaluation differences for financial assets at fair value through OCI and AC		(7,228,082)	#	1,489,447
Revaluation differences impairment charge for Financial Assets at Fair value through OCI		193,153	#	(95,111)
Revaluation differences impairment charge for Financial Assets at Amortized cost		(48,139)	#	1,638
Revaluation differences impairment charge for due from banks		3,593	#	(2,820)
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	-	#	(181,560)
Share based payments		795,382	#	653,254
Operating profits before changes in operating assets and liabilities		48,065,553		49,646,434
Net decrease / increase in assets and liabilities
Due from banks		(48,292,882)	#	75,949,504
Derivative financial instruments		295,040	#	24,358
Loans and advances to banks and customers		(102,551,573)	#	(96,438,781)
Other assets		(3,236,518)	#	(5,527,589)
Due to banks	23	38,230,673	#	657,789
Due to customers	24	198,435,616	#	72,337,957
Current income tax obligations paid		(2,130,275)	#	(2,104,575)
Other liabilities		(13,576,655)	#	(12,900,414)
Net cash generated from (used in) operating activities		115,238,979	#	81,644,683
Cash flow from investing activities
Proceeds from sale of investments in associates		-	#	339,920
Payments for investment in subsidiaries		(100,000)	#	(140,000)
Payments for purchases of property, equipment and branches construction		(2,863,415)	#	(4,429,952)
Proceeds from selling property and equipment	10	-	#	6,006
Proceeds from redemption of financial assets at amortized cost		11,022,297	#	4,876,544
Payments for purchases of financial assets at amortized cost		(45,787,904)	#	(48,035,713)
Payments for purchases of financial assets at fair value through OCI		(82,226,352)	#	(91,524,026)
Proceeds from selling financial assets at fair value through OCI		113,810,205	#	65,110,896
Net cash generated from (used in) investing activities		(6,145,169)	#	(73,796,325)
Condensed Separate 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		(29,037,813)	#	(14,160,151)
Issued debt instruments		160,562	#	(118,817)
Capital increase		272,030	#	276,930
Net cash generated from (used in) financing activities		(24,460,470)	#	(6,713,846)
Net increase (decrease) in cash and cash equivalent during the period		84,633,340	#	1,134,512
Beginning balance of cash and cash equivalent		141,266,643		227,028,744
Cash and cash equivalent at the end of the period		225,899,983		228,163,256
Cash and cash equivalent comprise:
Cash and balances at the central bank	14	143,485,898		100,535,373
Due from banks		214,263,755		231,918,739
Treasury bills and other governmental notes	16	149,929,042	#	123,491,120
Obligatory reserve balance with CBE		(123,711,931)		(76,281,994)
Due from banks with maturity more than three months		(8,137,960)	#	(28,050,433)
Treasury bills and other governmental notes with maturity more than three months		(149,928,821)	#	(123,449,549)
Total cash and cash equivalent		225,899,983	#	228,163,256

Condensed Separate Interim Statement of Changes in Shareholders' Equity
Jun. 30, 2025	Issued and paid capital	Legal reserve	General reserve	General risk reserve	Special reserve	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Total
Beginning Balance	30,431,580	6,208,674	62,422,792	1,549,445	-	22,818	(7,095,741)	17,924	56,260,451	1,868,235	151,686,178
Capital increase	276,930	-	-	-	-	-	-	-	-	-	276,930
Transferred to reserves	-	2,771,284	19,758,610	-	-	2,246	-	-	(21,744,828)	(787,312)	-
Dividend paid	-	-	-	-	-	-	-	-	(14,714,434)	-	(14,714,434)
Net profit for the period	-	-	-	-	-	-	-	-	33,409,510	-	33,409,510
Transferred to RE from financial assets at fair value through OCI	-	-	-	-	-	-	3,586	-	(3,586)	-	-
Net change on financial assets at fair value through OCI after tax	-	-	-	-	-	-	4,622,564	-	-	-	4,622,564
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	(2,628)	2,628	-	-
Effect of ECL on debt instruments measured at fair value through OCI	-	-	-	-	-	-	140,134	-	-	-	140,134
Cost of employees' stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	653,254	653,254
Ending Balance	30,708,510	8,979,958	82,181,402	1,549,445	-	25,064	(2,329,457)	15,296	53,209,741	1,734,177	176,074,136
Jun. 30, 2026	Issued and paid capital	Legal reserve	General reserve	General risk reserve	Special reserve	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Total
Beginning Balance	33,779,361	8,979,958	79,110,551	1,549,445	13,145,012	25,064	2,601,268	15,296	88,465,246	2,343,532	230,014,733
Capital increase	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)
Net profit for the period	-	-	-	-	-	-	-	-	39,235,078	-	39,235,078
Net change on financial assets at fair value through OCI after tax	-	-	-	-	-	-	(3,536,915)	-	-	-	(3,536,915)
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)
Cost of employees' stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	795,382	795,382
Ending Balance	34,051,391	13,069,790	110,559,767	1,549,445	13,145,012	38,069	(1,877,967)	6,492	63,962,308	2,295,868	236,800,175

 

END