March 20, 2005

Mln USD

Bln IRR

Mln USD

Bln IRR

Note

1,419
13
1,432
(804)
142
(663)
769


339
124
48
511
1,280

397
(253)
143
243
1,666


(147)
(8)
(955)
(0)
(1,110)

556

(24)
17
(7)
549
33
582
(76)
292
215

12,372
110
12,482
(7,013)
1,234
(5,779)
6,703


2,955
1,081
419
4,455
11,158

3,458
(2,210)
1,248
2,116
14,522


(1,279)
(68)
(8,327)
(0)
(9,674)

4,848

(213)
148
(65)
4,783
291
5,074
(659)
2,543
1,872

1,458
13
1,471
(769)
90
(679)
792


426
170
89
685
1,477

386
(249)
137
427
2,041


(216)
(15)
(1,014)
(241)
(1,486)

554

(18)
3
(15)
539
(10)
528
(69)
296
163

13,159
116
13,275
(6,937)
812
(6,125)
7,150


3,841
1,538
801
6,180
13,330

3,482
(2,246)
1,236
3,851
18,417


(1,949)
(138)
(9,150)
(2,177)
(13,414)

5,003

(163)
23
(140)
4,863
(94)
4,769
(625)
2,674
1,470

30


39
39




31
32
33



34
35

36





37
38




40

Income from Joint Investments1:

Profit and Compensation on Delay of Payment
Other Revenues
Sub-total
Profit Paid on Deposits
Fees for Management of Investment Deposits
Net Depositors’ Share
Bank's Income from Joint Investments

Income from Own Investments:
Profit and Compensation on Delay of Payment
Fees & Commissions Received
Other Revenues
Sub-total
Total Bank's Revenues

Operating Revenues of Subsidiaries
Operating Expenses of Subsidiaries
Sub-total
Profit from Operating Investments
Operating Revenues

Expenses:
Interest Paid (Excluding Depositors' Profit)
Fees & Commissions Paid
General Expenses
Other Expenses
Operating Expenses

Operating Profit

Financial Expenses
Net Other Non-operating Revenues and Expenses
Sub-total
Profit before Calculation of Bank's Share of Subsidiary Companies
Bank's Share of the Profit / (Loss) of Subsidiary Companies
Profit before Tax
Tax
Net Profit
Minority Interest

March 20, 2005

Mln USD

Bln IRR

Mln USD

Bln IRR

Note

292
(116)
296
0
472

(148)
(34)
(21)
(0)
0
(28)
(9)
54
(185)
286
231

2,543
(1,013)
2,581

4,111

(1,287)
(295)
(184)
(1)
0
(244)
(75)
472
(1,614)
2,497
2,017

296
294
(17)

573

(196)
(51)
(29)
(0)
(0)
0
0
0
(276)
297
39

2,674
2,651
(154)

5,171

(1,770)
(458)
(264)
(1)
(1)
0
0
0
(2,494)
2,677
353

Net Profit
Retained Earnings at the Beginning of the Year
Prior Year Adjustments

Allocable Profit

R&D Reserve
Budget Act (Article 1.C )
Legal Reserve
Board Members' Bonus
Other Reserves
Recycling Part of Principle Participation Bonds
Special Participation Bonds Transferred to Central Bank's Account
Return of Surplus Provision

Retained Earnings at the End of the Year
Minority Interest

1.The Bank’s investment resources are divided into “Joint Investments” and “Own investments” to distinguish between term deposit funds on the one side and Gharz-al-Hassaneh funds and its own equity on the other side. Further explanation can be found in the “Banking industry” section.