Page 49 - Annual Report 2016 EN

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6. Composition of the income Overall profitability was under pressure, largely due to margin pres-
statement sure (see chart 7) and adjustments to intra-group transfer pricing.
Some volatility was seen in the income statement as a result of fair
value gains/(losses) on financial instruments included in non-interest
revenue. Credit losses amounted to 1.6% of net interest income as
compared to 0.6% in 2015.

Composition of income statement

80,000

60,000

40,000
QAR Thousands QAR Thousands 20,000

0
December January February March April May June July August September October November December January February March April May June July August September October November December

-20,000
2014 2015 2016

-40,000

-60,000
Net interest income Non-interest revenue Credit losses Operating expenses Non-trading and capital items
Associates and JVs Taxation Operating profit /(loss) Profit/(loss)