6 Thursday, March 29, 2018 CIBAFI 3rd Global Forum in Istanbul Manama Commenting, the Secretary he General Council General of CIBAFI, Abdelilah for Islamic Banks and Belatik said: “We are privileged FinancialT Institutions (CIBAFI) to have both of our Board of announced holding its annual Directors, the Al Baraka gathering the Global Forum in Turk Participation Bank, and Breathe Easy!, partnership with the Banking Kuwait Finance House Group Regulation and Supervision as Strategic Partners, our new Agency of Turkey (BRSA) on 2 – member the Bank of Khartoum 3 May 2018 in Istanbul, Turkey. as Retail Islamic Banking Partner This year’s forum is held in and having this event with Strategic Partnership with Al another two Board of Directors says RBH expert Baraka Turk Participation cooperation is a privilege - Bank of Turkey and Kuwait Faisal Islamic Bank of Egypt and Finance House Group as a Jordan Islamic Bank.” Strategic Partners. Bank of Global Forum sponsorship Khartoum is supporting the opportunities are still open event as Retail Islamic Banking for limited time, and are on Partner. Cooperation partners first-come-first-served basis. of event are Jordan Islamic Contact sponsorship@cibafi. Bank and Faisal Islamic Bank org or call +973 1735 7380 for of Egypt. assistance. STATEMENT OF FINANCIAL POSITION 2017 2016 31 December 2017 BD BD RBH - Asthma Diagram Dr. Maria Teresa ASSETS Manama usually ask about related allergies needed basis as a rescue medicine for Cash and balances with the Central Bank of Bahrain 612,692 639,077 ith the weather changing, like rhinitis and eczema and family immediate relief of symptoms, which Due from banks and financial institutions 14,504,108 10,647,883 Loans and advances 525,504 535,385 WDr Maria Teresa, Specialist, history of asthma. Investigations like can be used and stopped anytime. Due from Head Office and other branches 1,225,471 1,225,477 Pulmonology at Royal Bahrain Hospital spirometry and peak expiratory flow Patients need to work hand-in-hand Equipment and other assets 194,044 84,883 TOTAL ASSETS 17,061,819 13,132,705 brings to light how to manage Asthma rate (PEFR) are requested to confirm with their Doctor and follow medication LIABILITIES AND EQUITY along with the different kinds of the condition. instructions carefully to better manage LIABILITIES Due to banks and financial institutions 116,985 61,014 medication that can help relieve and What happens during an Asthma their lives with Asthma. “Bronchial Customers’ deposits 4,029,063 5,167,222 control the condition. Attack? Dr Maria Teresa says: Asthma should not restrict and control Due to Head Office and other branches 4,881,626 3,230,844 Other liabilities 1,257,611 1,286,746 Asthma is a chronic illness that has no “Smooth muscle contractions or your life, try to enjoy it!” says Dr. Maria. TOTAL LIABILITIES 10,285,285 9,745,826 cure but can be controlled. Symptoms bronchoconstriction and inflammation Consult Dr. Maria Teresa, EQUITY Branch capital 4,500,000 1,500,000 include shortness of breath, cough, of mucosa narrow the small airway Pulmonology Specialist at Royal General reserve 260,686 227,044 wheezing and chest tightness. Airways as secretion increases, which causes Bahrain Hospital should you Statutory reserve 227,347 190,989 are sensitive enough that it can be blockage making it difficult to breathe.” have any of the aforementioned Retained earnings 1,788,501 1,468,846 Total equity 6,776,534 3,386,879 triggered by anything but triggers vary Treatments start with prescribing symptoms. TOTAL LIABILITIES AND EQUITY 17,061,819 13,132,705 from one person to another. Examples inhalers that relax the muscle of the For more information and of these triggers include, allergens such tubes relieving the bronchoconstriction appointments, call 17246800, STATEMENT OF as dust mites, moulds, pollen, animal and reduce the inflammation of the WhatsApp on 32181810 or book online COMPREHENSIVE INCOME 2017 2016 Year ended 31 December 2017 BD BD dander or food. mucosa thereby reducing the secretions. on www.royalbahrainhospital.com. Respiratory illnesses such as cold and The goal is to control the asthma so You can now also download the Royal Interest and similar income 426,046 343,324 Interest and similar expenses (7,055) (6,720) flu can trigger asthma attacks. Exposure that asthmatic patients can go on Bahrain Hospital Mobile App on iOS NET INTEREST INCOME 418,991 336,604 to irritants like smoke, cigarette, daily activities without any breathing and Android devices. Net gain on foreign currencies 94,157 7,548 Fees and commission income 8,046 8,250 sprays, air fresheners, perfume or any problems. Medications come in forms For Consultations & Appointments, Recoveries of loans written off 44,931 - strong odor can also cause asthma of controllers or preventers given contact: 1724 6800 or email: mail@ Reversal of provision for impairment of credit losses - net - 1,232 exacerbation. Exercise, cold air and for patients with frequent symptoms royalbahrainhospital.com TOTAL INCOME 566,125 353,634 extreme emotions can cause symptoms and should be used daily and even For PR related queries, contact: 1724 Staff expenses 73,923 75,658 Other operating expenses 128,621 126,628 in others. during symptom-free days. In addition, 6905 or email: pr@royalbahrainhospital. TOTAL OPERATING EXPENSES 202,544 202,286 When diagnosing Asthma, doctors relievers are medications used on as com NET PROFIT AND TOTAL COMPREHENSIVE INCOME FOR THE YEAR 363,581 151,348 STATEMENT OF CASH FLOWS 2017 2016 Year ended 31 December 2017 BD BD Lebanese Superstar Ragheb Alama OPERATING ACTIVITIES Net profit for the year 363,581 151,348 Adjustments for non-cash items: to perform live at Bahrain Bay Depreciation 6,136 6,048 Write back for impairment on credit losses - net - (1,232) Operating profit before changes in operating Manama Ragheb Alama is a Lebanese singer, Vol. 1. Ragheb Alama is also a digital assets and liabilities: 369,717 156,164 s part of the thirteenth edition of the composer, television personality, and influencer with more than 4.6 million Mandatory reserve with the Central Bank of Bahrain 116,000 (60,000) Due from Head Office and other branches 6 - Aannual Spring of Culture festival, philanthropist. Born in June 7th 1962, fans on his official Facebook Page, 2.6 Loans and advances 9,881 1,626 the internationally acclaimed Lebanese Alama began his career in the 1980s million follower on Instagram and 6 Other assets (114,129) (9,727) Due to banks and financial institutions 55,971 1,663 singer Ragheb Alama will be performing when he appeared as a contestant on the million follower on twitter. Customers’ deposits (1,138,159) 572,003 live at Bahrain Bay on 30th March 2018 talent show broadcast Studio El Fan, on At the end of 2011, Alama was selected Due to Head Office and other branches - net 1,650,782 767,607 Other liabilities (29,135) 5,895 at 8:30 pm. Fans can expect to hear some which he received the Platinum Award. as the head of jury for the MBC show Due from banks and financial institutions with an of Alama’s biggest hits and classic songs. Alama’s fame came after Studio El Fan Arab Idol. Joining Ragheb on the panel original maturity of ninety days or more (4,000,000) - Net cash (used in) from operating activities (3,079,066) 1,435,231 followed by yearly albums and number- were Ahlam, Nancy Ajram and the INVESTING ACTIVITY one hit singles such as “Ya rait”, “’Aan music producer Hassan Shaf’ee. In 2015, Purchase of equipment (1,169) (191) Jad” and “Alby Asheq’ha” which was Ragheb was selected as a jury of The X Net cash used in investing activity (1,169) (191) FINANCING ACTIVITIES dubbed the first Arabic song in history to Factor beside Elissa and Donia Samir Transfer to Head Office (7,567) (17,175) be made into a music video. Ghanem. In 2013, The United Nations Additional capital transferred from Head Office 3,033,642 - Net cash from (used in) financing activities 3,026,075 (17,175) Ragheb achieved the platinum award Environmental Programme (UNEP) NET CHANGE IN CASH AND CASH EQUIVALENTS (54,160) 1,417,865 from Virgin Megastore in Dubai for the appointed the superstar Ragheb Alama as Cash and cash equivalents at the beginning of the year 11,092,960 9,675,095 CASH AND CASH EQUIVALENTS AT THE highest sales of albums among others the Goodwill Ambassador in West Asia. END OF THE YEAR 11,038,800 11,092,960 in April 2009 and for the first time in Bahrain Economic Development Board Hamid Ahmed Dakheel Ernst & Young the Arab world. Alama has also worked (EDB) is organising the concert. Tickets General Manager Auditors with the pop star Shakira, who featured for the event can be purchased exclusively on a song on his 2010 album, Starz online on www.springofculture.org. .