Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Total income from Special Commissions/Financing & Investments 664 914 -27.352 703 -5.547 Net Income from Special Commissions/Financing & Investments 543 583 -6.861 554 -1.985 Total Operation Profit (Loss) 635 718 -11.559 690 -7.971 Net Profit (Loss) before Zakat and Income Tax 264 173 52.601 340 -22.352 Net Profit (Loss) 213 151 41.059 265 -19.622 Total Comprehensive Income 73 -1,500 - 566 -87.102 Element List Current Period Similar period for previous year %Change Total Share Holders Equity (after Deducting Minority Equity) 13,389 10,492 27.611 Assets 96,270 100,805 -4.498 Investments 30,464 27,380 11.263 Loans and Advances Portfolio (Financing & Investment) 55,424 59,877 -7.436 Clients' deposits 56,123 67,642 -17.029 Profit (Loss) per Share 0.29 0.2 - All figures are in (Millions) Saudi Arabia, Riyals Element List Explanation The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is Net profit increased by 41% primarily due to a decrease in total operating expenses which was due to a decrease in provisions for credit and other losses, other general and administrative expenses, salaries and employee-related expenses, rent and premises related expenses, and depreciation and amortization, which was offset by an increase in provisions for Zakat and Income Tax. Total operating income decreased by 12% primarily due to a decrease in net special commission income, fair value through profit and loss, gains on disposals of FVOCI debt securities, and exchange income, which was offset by an increase in fee income from banking services, and other income. The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is Net profit decreased by 20% primarily due to a decrease in total operating income which was due to a decrease in gains on disposal of FVOCI debt securities, net special commission income, and exchange income, which was offset by an increase in fair value through profit and loss, fee income from banking services, and other income. Total operating expenses increased by 1% primarily due to an increase in other general and administrative expenses and depreciation and amortization, which was offset by a decrease in provisions for Zakat and Income Tax, provisions for credit and other losses, salaries and employee-related expenses, and rent and premises-related expenses. Statement of the type of external auditor's report Unmodified opinion Reclassification of Comparison Items None Additional Information Earnings per share for the three month period ended March 31, 2021 and March 31, 2020 was SAR 0.29 and SAR 0.2 respectively, which was calculated by dividing net income adjusted for Tier I Sukuk costs by 675 million shares representing the weighted average of the issued and outstanding shares after giving effect to the purchase of 56.2 million and 18.7 million Treasury shares on September 27, 2018 and May 28, 2019 respectively.