Page 78 - ICD AR21 EN

STATEMENT OF INCOME FOR THE YEAR ENDED 31 DECEMBER 2021
Income / (loss) from
Treasury assets
Commodity Murabaha and Wakala placements Sukuk investments
Financing assets
Murabaha financing Installment sales financing Ijarah Muntahia Bittamleek Istisna’a assets
Impairment reversal / (allowance) for financial assets
Financing cost
Fair value (loss) / gain on Islamic derivatives net of exchange loss
Other income
Administrative fees Management fees Advisory fees
Staff costs
Other administrative expenses Depreciation
Shari’ah non-compliant income Transferred to ICD Solidarity Fund
7
22
23
24
4,552,922 21,764,235 26,317,157
1,690,299 16,006,527 13,425,057
949,745
32,071,628
4,114,634 (29,874,198) (272,816)
3,321,266 1,279,224 6,372,501
10,972,991
(39,499,296) (6,450,306) (50,886)
13,306 (13,306)
7,400,081 66,406,422 73,806,503
3,431,101 19,854,640 11,483,784
1,103,004
35,872,529
(27,864,196) (38,049,897) 860,327
3,695,705 1,400,200 711,500 5,807,405
(38,706,703) (8,529,293) (114,600)
88,905 (88,905)
Note
2021 USD
2020 USD
Equity investments income / (loss), net
12.4
11,281,855
(18,308,653)
Total operating profit
54,611,251
32,124,018
Total operating expenses
(46,000,488)
(47,350,596)
Net profit / (loss)
8,610,763
(15,226,578)
18 18
Total profit / (loss)
8,610,763
(15,226,578)
76 ICD ANNUAL REPORT 2021