CIB IFRS Consolidated Financial Statements FY25

Consolidated Income Statement for the Year Ended December 31, 2025

Notes

Dec. 31, 2025

Dec. 31, 2024

Interest revenue calculated using the effective interest method other interest and similar income

211,600,177

182,735,474

Interest expense calculated using the effective interest method other interest and similar expense

(104,121,746)

(91,751,450)

Net interest income

3

107,478,431

90,984,024

Fee and commission income

16,036,009

12,813,876

Fee and commission expense

(6,816,966)

(5,728,656)

Net fee and commission income

4

9,219,043

7,085,220

Dividend income

5

216,273

195,047

Net trading income

6

1,523,649

20,470,230

Gain on investments

21

775,841

459,337

Administrative expenses

7

(24,692,107)

(19,952,958)

Other operating income (expenses)

8

(1,533,040)

(22,323,778)

Net impairment Released (charge)

9

11,804,786

(5,401,308)

Bank's share in the profit and (loss) of associates

12

10,512

(17,786)

Profit before income tax from continuing operations

104,803,388

71,498,028

Income tax expense

10

(29,323,206)

(21,878,946)

Net profit for the year

75,480,182

49,619,082

Attributable to:

Equity holders of the parent

75,460,219

49,558,744

Non-controlling interest

19,963

60,338

Net profit for the year

75,480,182

49,619,082

Earnings per shareEquity shareholders of the parent for the year:

11

Basic earnings per share

22.34

14.67

Diluted earnings per share

22.10

14.51

The accompanying notes from 1 to 46 form an integral part of these consolidated financial statements.

Refer note 45 for changes to comparative figures.

Islam Zekry

Hisham Ezz Al-Arab

Group CFO & Executive Board Member

CEO & Executive Board Member

9-Feb-2026

9-Feb-2026

Consolidated Statement of Comprehensive Income for the Year Ended December 31, 2025

Dec. 31, 2025

Dec. 31, 2024

Profit for the year

75,480,182

49,619,082

Other comprehensive income that will not be reclassified to the income statement:

Change in fair value of equity instruments measured at fair value through comprehensive income

503,643

473,294

Deferred Tax impact for investments that will not be reclassified to P&L

(96,248)

(15,674)

Other comprehensive income that will be reclassified to the income statement:

Change in fair value of financial assets measured at fair value through comprehensive income

10,758,425

9,242,129

Reclassification to consolidated income statement

(498,433)

(459,337)

Cumulative foreign currencies translation differences

(295,691)

989,367

Deferred Tax impact for investments that may be reclassified to P&L

(615,506)

(654,214)

Effect of ECL in fair value of debt instruments measured at fair value through OCI

(40,145)

936,949

Total comprehensive income for the year, net of tax

85,196,227

60,131,596

Attributable to:

Equity holders of the parent

85,062,367

60,071,258

Non-controlling interest

133,860

60,338

Total comprehensive income for the year, net of tax

85,196,227

60,131,596

Consolidated Statement of Financial Position as at December 31, 2025

Notes

Dec. 31, 2025

Dec. 31, 2024

Assets

Cash and cash equivalents

13

20,002,406

21,752,997

Balances at the central bank

14

68,874,046

114,778,023

Due from banks

15

135,236,549

270,829,834

Loans and advances to banks, net

16

34,440,770

9,555,410

Loans and advances to customers, net

17

507,953,766

343,542,674

Financial Assets at fair value through profit or loss

20

3,173,539

380,769

Derivative financial instruments

18

620,349

819,711

Financial Assets at fair value through Other comprehensive income

20

373,747,694

234,694,966

Financial Assets at amortized cost

20

236,672,175

168,118,219

Right of use assets

24

2,469,076

1,301,850

Investments in associates

22

45,210

98,193

Non-current-assets held for sale

43

182,827

-

Other assets

23

54,040,912

44,282,773

Deferred tax assets

10.2

2,545,498

2,685,330

Property and equipment

24

5,481,682

3,997,929

Total assets

1,445,486,499

1,216,838,678

Liabilities and equity

Liabilities

Due to banks

25

3,353,746

2,034,885

Due to customers

26

1,110,395,693

972,595,958

Lease liabilities

24

2,526,481

1,425,604

Derivative financial instruments

18

137,802

100,571

Non-current-liabilities held for sale

44

53,860

1,397

Issued debt instruments

19

4,761,558

5,067,781

Other liabilities

28

33,144,838

27,725,569

Current Tax liability

20,570,313

18,327,968

Other loans

27

30,471,499

23,962,389

Provisions

29

15,644,651

18,623,634

Total liabilities

1,221,060,441

1,069,865,756

Equity attributable to equity holders of parent

Issued and paid in capital

30

33,779,361

30,431,580

Reserves

31

105,020,603

62,899,966

Reserve for employee stock ownership plan (ESOP)

31.9

2,343,532

1,868,235

Retained earnings

31.8

83,254,686

51,590,097

Total equity attributable to equity holders of the parent

224,398,182

146,789,878

Total equity attributable to non-controlling interest

39

27,876

183,044

Total equity

224,426,058

146,972,922

Total liabilities and equity

1,445,486,499

1,216,838,678

The accompanying notes from 1 to 46 form an integral part of these consolidated financial statements.

Islam Zekry

Hisham Ezz Al-Arab

Group CFO & Executive Board Member

CEO & Executive Board Member

9-Feb-2026

9-Feb-2026

Consolidated statement of changes in equity for the year ended December 31, 2025

Dec. 31, 2025

Issued and paid-up 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 interests

Total

Beginning balance

30,431,580

6,208,674

62,422,792

1,550,906

-

(670,972)

22,818

(7,789,896)

17,924

51,590,097

1,868,235

1,137,720

146,789,878

183,044

146,972,922

Total comprehensive income net of tax:

Net profit of the year

-

-

-

-

-

-

-

-

-

75,460,219

-

-

75,460,219

19,963

75,480,182

Transferred to general risk reserve

-

-

-

26,186

-

-

-

-

-

(26,186)

-

-

-

-

-

Net unrealised gain/(loss) on financial assets at fair value through OCI

-

-

-

-

-

-

-

9,937,984

-

-

-

-

9,937,984

113,897

10,051,881

Transferred (from) to banking risk reserve

-

-

-

-

-

-

-

-

(2,628)

2,628

-

-

-

-

-

Effect of ECL in fair value of debt instruments measured at fair value through OCI

-

-

-

-

-

-

-

(40,145)

-

-

-

-

(40,145)

-

(40,145)

Cumulative foreign currencies translation differences

-

-

-

-

-

-

-

-

-

-

-

(295,691)

(295,691)

-

(295,691)

Total comprehensive income

-

-

-

26,186

-

-

-

9,897,839

(2,628)

75,436,661

-

(295,691)

85,062,367

133,860

85,196,227

Transfer of investment revaluation reserve upon disposal of investments in equity instruments designated as at FVTOCI

-

-

-

-

-

-

-

(111,370)

-

111,370

-

-

-

-

-

Transferred to reserves

-

2,771,284

19,758,610

-

-

-

2,246

-

-

(21,744,828)

(787,312)

-

-

-

-

Transferred from net profit to special reserve

-

-

-

-

13,145,012

-

-

-

-

(13,145,012)

-

-

-

-

-

Dividend paid

-

-

-

-

-

-

-

-

-

(8,993,602)

-

-

(8,993,602)

(289,028)

(9,282,630)

Cost of employee's stock ownership plan (ESOP)

-

-

-

-

-

-

-

-

-

-

1,262,609

-

1,262,609

-

1,262,609

Capital increase

3,347,781

-

(3,070,851)

-

-

-

-

-

-

-

-

-

276,930

-

276,930

Balance at the end of the year

33,779,361

8,979,958

79,110,551

1,577,092

13,145,012

(670,972)

25,064

1,996,573

15,296

83,254,686

2,343,532

842,029

224,398,182

27,876

224,426,058

Consolidated statement of changes in equity for the year ended December 31, 2024

Dec. 31, 2024

Issued and paid-up 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 interests

Total

Beginning balance

30,195,010

4,770,354

39,840,707

1,550,906

-

(670,972)

21,155

(17,313,043)

15,230

27,442,585

1,486,010

148,353

87,486,295

160,073

87,646,368

Total comprehensive income net of tax:

Net profit of the year

-

-

-

-

-

-

-

-

-

49,558,744

-

-

49,558,744

60,338

49,619,082

Transfer of investment revaluation reserve upon disposal of investments in equity instruments designated as at FVTOCI

-

-

-

-

-

-

-

(370,224)

-

-

-

-

(370,224)

-

(370,224)

Net unrealised gain/(loss) on financial assets at fair value through OCI

-

-

-

-

-

-

-

8,956,422

-

-

-

-

8,956,422

-

8,956,422

Transferred (from) to banking risk reserve

-

-

-

-

-

-

-

-

2,694

(2,694)

-

-

-

-

-

Effect of ECL in fair value of debt instruments measured at fair value through OCI

-

-

-

-

-

-

-

936,949

-

-

-

-

936,949

-

936,949

Cumulative foreign currencies translation differences

-

-

-

-

-

-

-

-

-

-

-

989,367

989,367

-

989,367

Total comprehensive income

-

-

-

-

-

-

-

9,523,147

2,694

49,556,050

-

989,367

60,071,258

60,338

60,131,596

Transfer of investment revaluation reserve upon disposal of investments in equity instruments designated as at FVTOCI

-

-

-

-

-

-

-

-

-

370,224

-

-

370,224

-

370,224

Transferred to reserves

-

1,438,320

22,582,085

-

-

-

1,663

-

-

(23,398,943)

(623,125)

-

-

-

-

Dividend paid

-

-

-

-

-

-

-

-

-

(2,379,819)

-

-

(2,379,819)

(37,367)

(2,417,186)

Cost of employee's stock ownership plan (ESOP)

-

-

-

-

-

-

-

-

-

-

1,005,350

-

1,005,350

-

1,005,350

Capital increase

236,570

-

-

-

-

-

-

-

-

-

-

-

236,570

-

236,570

Balance at the end of the year

30,431,580

6,208,674

62,422,792

1,550,906

-

(670,972)

22,818

(7,789,896)

17,924

51,590,097

1,868,235

1,137,720

146,789,878

183,044

146,972,922

Consolidated Statement of Cash Flow for the Year Ended December 31, 2025

Notes

Dec. 31, 2025

Dec. 31, 2024

Cash flow from operating activities

Profit before income tax

104,803,388

71,498,028

Adjustments to reconcile profits to net cash provided by operating activities

Fixed assets depreciation

2,307,297

1,414,920

Impairment charge for credit losses (Loans and advances to customers)

(9,101,206)

4,768,107

Net charge/release for other provisions

(2,893,591)

3,363,525

Impairment release/charge for credit losses (due from banks)

137,399

(341)

Impairment release/charge for credit losses (financial investments)

146,649

(243,947)

Impairment release/charge for other assets

-

37,939

Exchange revaluation differences for financial assets at fair value through OCI and AC

5,137,808

(21,026,044)

Utilization of other provisions

(7,467)

(9,586)

Revaluation differences impairment charge for due from banks

(8,542)

2,008

Exchange revaluation differences of other provisions

(77,925)

4,173,699

Revaluation differences impairment charge for Financial Assets at Amortized cost

(18,527)

119,504

Profits from selling property, plant and equipment

(13,005)

(2,246)

Profits/losses from selling financial investments at fair value through OCI

(498,433)

(459,337)

Revaluation differences impairment charge for Financial Assets at Fair value through OCI

(242,624)

1,329,905

Shares based payments

1,262,609

1,005,350

Profits/losses from selling investments in associates

(277,408)

-

Net share of results of associates

(10,512)

17,786

100,645,910

65,989,270

Change in:

Due from banks

98,091,341

(111,192,809)

Financial assets at fair value through profit or loss

(2,792,770)

(74,394)

Derivative financial instruments

(88,654)

490,593

Loans and advances to banks and customers

(180,420,385)

(122,049,597)

Other assets

(5,289,420)

(22,078,200)

Non-current assets held for sale

(182,827)

-

Non-current liabilities held for sale

52,463

524

Due to banks

1,318,861

(10,423,118)

Due to customers

137,799,735

295,358,479

Current income tax obligations paid

(27,080,861)

(5,220,965)

Other liabilities

7,489,703

5,788,117

Net cash generated from operating activities

129,543,096

96,587,900

Cash flow from investing activities

Proceeds from sale of investments in associates

339,920

11,956

Payments for purchases of property, equipment and branches construction

(7,930,273)

(6,707,018)

Proceeds from selling property and equipment

13,005

2,246

Proceeds from redemption of financial assets at amortized cost

21,689,390

2,028,180

Payments for purchases of financial assets at amortized cost

(90,488,312)

(129,153,136)

Payments for purchases of financial assets at fair value through OCI

(263,771,830)

(113,445,585)

Proceeds from selling financial assets at fair value through OCI

127,867,188

140,381,225

Net cash generated from (used in) investing activities

(212,280,912)

(106,882,132)

Consolidated Statement of Cash Flow for the Year Ended December 31, 2025 (Cont.)

Notes

Dec. 31, 2025

Dec. 31, 2024

Cash flow from financing activities

Other loans

6,509,110

11,478,482

Other loans - new loans obtained in the year

8,701,546

3,835,016

Other loans - loans repaid in the year

(789,099)

(243,015)

Other loans - movement in foreign exchange rate

(1,403,337)

7,886,481

Dividends

(9,282,630)

(2,379,819)

Issued debt instruments

(306,223)

1,994,432

Cash payments for lease (principal and interest)

(391,907)

(501,724)

Capital increase

276,930

236,570

Net cash generated from (used in) financing activities

(3,194,720)

10,827,941

Net increase (decrease) in cash and cash equivalent during the year

(85,932,536)

533,709

Beginning balance of cash and cash equivalent

226,475,092

225,941,383

Cash and cash equivalent at the end of the year

140,542,556

226,475,092

Cash and cash equivalent at the end of the year

Cash and cash equivalents

13

20,002,406

21,752,997

Due from banks with maturities of 3 months or less

15

120,525,563

203,103,430

Treasury bills and other governmental notes with maturities of three months or less

14,587

1,618,665

Total cash and cash equivalent

32

140,542,556

226,475,092