2011 Annual Report - Khaleeji Commercial Bank BSC

KHALEEJI COMMERCIAL BANK BSC
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
for the year ended 31 December 2011
BD 000’s
15. SHARE CAPITAL (continued)
The Bank has only one class of equity shares and the holders of these shares have equal voting rights. At 31 December 2011,
the Bank holds 28,180,132 as treasury shares (2010: 27,805,198).
Distribution schedule of equity shares, setting out the number of holders and percentage in the following categories:
Categories* number of number of % of total
shares shareholders outstanding shares
Less than 1% 180,855,823 537 15.67
1% up to less than 5% ** 165,209,535 8 14.31
5% up to less than 10% 103,950,000 1 9.01
10% up to less than 20% 161,700,000 1 14.01
20% and less than 50% 542,445,726 1 47.00
1,154,161,084 548 100.00
* Expressed as a percentage of total outstanding shares of the Bank.
** Includes treasury shares and unvested employee incentive scheme shares.
Names and nationalities of the major shareholders and the number of equity shares held in which they have an interest of 5% or more
of outstanding shares:
nationality number of % of total
shares outstanding shares
Gulf Finance House BSC * Bahrain 542,445,726 47.00
Al Imtiaz Investment Company KSCC Kuwait 161,700,000 14.01
Emirates Islamic Bank PJSC UAE 103,950,000 9.01
* As at 31 December 2011, these shares representing 47.00% were held by KHCB Asset Company on behalf of Gulf Finance House BSC.
16. INCOME FROM INVESTMENT SECURITIES
2011 2010
Income from equity-type investments:
- Dividend income 373 132
- Fair value gain on investment 4,656 1,244
5,029 1,376
Income from debt-type investments:
- Income from Sukuk 583 822
- Gain on sale of Sukuk 409 -
6,021 2,198
17. STAFF COST
2011 2010
Salaries and benefits 4,549 3,952
Social insurance expenses 570 507
Other staff expenses 730 611
5,849 5,070
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Annual Report 2011