| For the years ended December 31, 2012 and 2011 | 2012 | 2011 | |
| Notes | (SR '000) | (SR '000) | |
INCOME |
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| Gross financing and investments income | 9,846,499 | 9,324,397 | |
| Income paid to customers on time investments | (345,520) | (254,454) | |
Net Financing and Investments Income |
17 | 9,500,979 | 9,069,943 |
| Fee from banking services, net | 18 | 3,086,206 | 2,298,394 |
| Exchange income, net | 897,938 | 798,835 | |
| Other operating income | 19 | 497,894 | 334,947 |
Total Operating Income |
13,983,017 | 12,502,119 | |
EXPENSES |
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| Salaries and employee-related benefits | 20 | 2,100,120 | 1,960,856 |
| Rent and premises-related expenses | 216,458 | 174,007 | |
| Impairment charge for financing and other | 6-2 | 2,319,167 | 1,645,142 |
| Other general and administrative expenses | 1,057,744 | 932,947 | |
| Depreciation and amortization | 401,699 | 407,815 | |
| Board of Directors' remuneration | 28 | 3,123 | 3,084 |
Total Operating Expenses |
6,098,311 | 5,123,851 | |
Net Income |
7,884,706 | 7,378,268 | |
Other Comprehensive Income |
- | - | |
Total Comprehensive Income |
7,884,706 | 7,378,268 | |
| Weighted average number of shares outstanding | 14 & 21 | 1,500 million | 1,500 million |
Earnings Per Share (in SR) |
21 | 5.26 | 4.92 |
The accompanying notes from 1 to 37 form an integral part of these consolidated financial statements.