Parent company financial statements at December 31, 2022

FINANCIAL STATEMENTS

Balance Sheet at December 31, 2022 (thousand MAD)

OFFBALANCE SHEET at December 31 2022 thousand MAD

Balance Sheet

12/31/2022 12/31/2021

Cash and balances with central banks, the treasury and post office accounts

11 843 302 9 940 845

Loans and advances to credit institutions and similar establishments 41 458 254 35 290 598

. Sight 5 120 094 6 272 346

. Term 36 338 160 29 018 252

Loans and advances to customers 228 432 193 211 123 105

. Short-term & consumer loans and participatory financing 73 327 783 63 814 316

. Equipment loans and participatory financing 64 051 206 59 878 122

. Mortgage loans and participatory financing 67 548 836 64 681 007

. Other loans and participatory financing 23 504 368 22 749 660

Receivables acquired through factoring 10 126 307 11 915 919

Trading securities and available-for-sale securities 64 829 798 77 696 569

. Treasury bills and similar securities 42 817 539 51 664 088

. Other debt securities 3 613 561 7 549 502

. Fixed income Funds 18 365 334 18 416 061

. Sukuk Certificates 33 364 66 918

Other assets 6 043 960 5 371 430

Investment securities 10 689 554 9 493 962

. Treasury bills and similar securities 9 212 598 9 493 962

. Other debt securities 1 476 956

. Sukuk Certificates

Investments in affiliates and other long-term investments 21 547 993 20 612 775

. Investments in affiliates companies 19 840 100 19 489 472

. Other and similar investments 1 707 892 1 123 303

. Moudaraba and mourabaha securities

Subordinated loans

Investment deposits given

Leased and rented assets

482 410 466 306

Fixed assets given in Ijara

Intangible assets 2 652 692 2 587 533

Property, plant and equipement 2 219 320 2 234 188

Total Assets 400 325 782 386 733 229

LIABILITIES

12/31/2022 12/31/2021

Amounts owing to central banks, the treasury and post office accounts

Amounts owing to credit institutions and similar establishments 38 104 278 35 471 217

. Sight 4 587 176 3 731 839

. Term 33 517 102 31 739 378

Customer deposits 273 892 280 261 096 974

. Current accounts in credit 204 173 053 189 681 086

. Savings accounts 30 859 847 30 014 697

. Term deposits 25 688 321 30 436 677

. Other accounts in credit 13 171 059 10 964 514

Debts to customers on participatory financing

Debt securities issued 8 967 481 11 223 671

. Negociable debt securities 8 967 481 11 223 671

. Bonds

. Other debt securities issued

Other liabilities 8 810 657 10 880 506

General provisions 4 943 643 4 216 283

Regulated provisions 252 000 378 000

Subsidies, public funds and special guarantee funds

Subordinated debt 17 367 326 16 486 189

Investment deposits received

Revaluation reserve 420 420

Reserves and premiums related to share capital 34 014 222 34 012 254

Share capital 2 151 408 2 151 408

Shareholders, unpaid share capital (-)

Retained earnings 7 587 226 6 716 822

Net income to be allocated

Net income for the financial year 4 234 840 4 099 484

Total liabilities 400 325 782 386 733 229

OffBalance

12312022 12312021

COMMITMENTS GIVEN

184 325 869 157 116 356

Financing commitments given to credit institutions and similar establishments 3 484 290 2 526 017

Financing commitments given to customers 99 013 515 79 515 849

Guarantees given to credit institutions and similar establishments 22 058 723 16 000 264

Guarantees given to customers 59 754 206 59 043 265

Securities purchased with repurchase agreement

Other securities to be delivered 15 135 30 961

COMMITMENTS RECEIVED 44 777 763 34 970 585

Financing commitments received from credit institutions and similar establishments

Guarantees received from credit institutions and similar establishments 44 369 529 34 545 570

Guarantees received from the State and other organisations providing guarantees 408 234 424 153

Securities sold with repurchase agreement

Other securities to be received 862