First Gulf Bank PJSC

INTERIM CONSOLIDATED BALANCE SHEET

30 June 2012 (Unaudited)

Unaudited Audited
30 JUlle 3/ December
2012 2011
Noles AED 000 AED 000

Assets

Cash and balances with V.A.E. Central Bank 20 7,192,605 9,586,770

Due from banks and financial institutions 5 12,365,774 12,225,320
Loans and advances 110,949,296 104,719,799
Investments 6 19,838,911 18,789,456
Investment in associates 4 382,934 443,810
Investment properties 7 7,833,709 7,537,900
Other assets 8 3,756,719 3,557,019
Property and equipment 619.215 620.263

Total assets 161232 163 15HSQ m

r Liabilities

Due to banks 10,372,068 8,247,336

Customers' deposits 9 104,774,102 103,473,733
Tenn loans 10 12,039,846 12,694,724
Sukuk financing instruments II 4,223,950 2,387,450
Other liabilities 4,287,738 3,909,978

Total liabilities 135,697,704 130,713,221

Equity attributable to equity holders of the Bank

Share capital 18 3,000,000 1,500,000

Capital notes 12 4,000,000 4,000,000
Legal reserve 19 8,780,110 8,780,110
Special reserve 846,648 846,648
General reserve 120,000 120,000
Revaluation reserve \3 87,554 87,554
Cash dividends 17 1,500,000
Bonus shares 18 1,500,000
Retained earnings 10,087,995 8,256,566
Cumulative changes in fair values 224,221 83,053
Foreign currency translation reserve (20,757) (22503)

27,125,771 26,651,428
Non-controlling interests 115,688 115,688

Total equity 27,241,459 26,767,116

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Total equity and Iiabllities - - --;,
/

Managing Director Chief Executive Ollicer

The attached explanatory notes 1 to 20 form part of the interim condensed consolidated financial statements.