Particulars
2018
2017
SAR Millions
Net income for the year
2,517
2,011
Retained earnings-brought forward
1,897
1,666
Additions/Exclusions as per the regulatory and accounting
requirements*
(
259
)
(
70
)
Amount available for appropriation
4,155
3,607
Transfer to statutory reserve (25% of net income)
(629)
(503)
Proposed Dividend for 2018
(1,490)
(1,192)
Transferred to the Social Services Reserve and Others
(
45
)
(
15
)
Retained earnings-carried forward
1,991
1,897
* The statement of Changes in Equity of the financial statements of the Bank for the year 2018 contains additional details about the movements in
the Retained Earnings.
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