CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

As at December 31, 2020 and 2019

	Note	2020 SAR ’000	2019 SAR ’000
Net income for the year		4,714,997	5,602,066
Other comprehensive income (OCI):
(a) Items that will be reclassified to consolidated statement of income in subsequent periods
Fair value through other comprehensive income (FVOCI – debt instruments)
Net change in fair value	18	656,713	1,105,992
Net amounts transferred to consolidated statement of income	18	(131,379)	(235,604)
Net changes in allowance for expected credit losses (ECL) of debt instruments	18	42,541	(17,276)
Net change in fair value of cash flow hedge		3,401	–
(b) Items that will not be reclassified to consolidated statement of income in subsequent periods
Actuarial losses on defined benefit plans	27 (b)	(60,134)	(149,515)
Net change in fair value of equity instruments at fair value through other comprehensive income (FVOCI – equity instruments)	18	207,497	251,583
Other comprehensive income for the year		718,639	955,180
Total comprehensive income for the year		5,433,636	6,557,246

The accompanying notes 1 to 42 form an integral part of these consolidated financial statements.