Financial Results

(US$ million)	2023	2022	2021
For the year
Gross Operating and Other Income	277	169	183
Operating Expenses	53	47	47
Net Profit	203	131	130
At year end
Total Assets	3,690	3,331	3,189
Interest Bearing Securities and Funds	507	355	539
Equities and Managed Funds	744	608	437
Projects and Equity Participations	2,070	1,926	1,711
Deposits	792	431	314
Shareholders’ Equity	2,802	2,688	2,608
Selected Ratios (%) Profitability
Return on Paid-up Capital	9.7	6.2	6.2
Return on Adjusted Shareholders’ Equity	7.0	4.6	4.8
Capital BIS Ratio
– Total	33.4	30.7	41.3
– Tier 1	33.4	30.7	41.3
– Shareholders’ Equity as a % of Total Assets	75.9	80.7	81.8
Asset Quality
Marketable Securities as a % of Total Assets	23.8	19.6	22.8
GCC Country Risk as a % of Total Assets	68.1	71.5	77.9
Liquidity
Liquid Assets Ratio	42.4	39.6	42.6
Productivity
Operating Income as Multiple of Operating Expenses	5.2	3.6	3.9