87
Attijariwafa bank
Annual report
2021
2022
Other income and expenses at December 31 , 2022 (thousand MAD
OTHER BANKING INCOME AND EXPENSES 12 / 31 / 2022 12 / 31 / 2021
Other banking income 3 994 962 3 880 397
Other banking expenses 3 503 930 2 910 247
TOTAL 491 032 970 150
OTHER NON - BANKING INCOME AND EXPENSES 12 / 31 / 2022 12 / 31 / 2021
Non - banking operating income 64 805 880 682
Non - banking operating expenses 1 174 529 912
TOTAL 63 631 350 770
Provisions and losses on irrecoverable loans 2 771 877 5 490 146
Provision write - backs and amounts recovered on impaired loans 429 894 2 700 990
NON - CURRENT INCOME AND EXPENSES 12 / 31 / 2022 12 / 31 / 2021
Non - current income 129 794 130 367
Non - current expenses 506 501 383 568
Reconciliation of net income for accounting and tax purposes at December 31 , 2022 (thousand MAD )
Reconciliation statement Amount Amount
I - NET INCOME FOR ACCOUNTING PURPOSES 4 234 840
. Net profit 4 234 840
. Net loss
II - TAX WRITE - BACKS 2 618 422
1 - Current 2 618 422
- Income tax 1 731 891
- Non deductible allowances for bad debts 33 970
- General provisions 593 895
- Provisions for pensions and similar obligations 42 961
- Other provisions 2 000
- Non deductible extraordinary expenses 2 107
- Social solidarity contribution 208 891
- Personalized gifts 2 707
2 - Non current
III - FISCAL DEDUCTIONS 2 172 475
1 - Current 2 172 475
- 100 % allowance on income from investments in affiliates 1 995 629
- Write - back for pensions and similar obligations 45 364
- Write - back for other provisions 131 483
2 - Non - current
TOTAL 6 853 262 2 172 475
IV - GROSS INCOME FOR TAX PURPOSES 4 680 787
. Gross profit for tax purposes if T1 > T2 ( A ) 4 680 787
. Gross loss for tax purposes if T2 > T1 ( B )
V - TAX LOSS CARRY FORWARDS ( C ) ( 1 )
. Financial year Y - 4
. Financial year Y - 3
. Financial year Y - 2
. Financial year Y - 1
VI - NET INCOME FOR TAX 4 680 787
. Net profit for tax purposes ( A - C ) 4 680 787
. Net loss for tax purposes ( B )
VII - ACCUMULATED DEFERRED DEPRECIATION
VIII - ACCUMULATED TAX LOSSES TO BE CARRIED
. Financial year Y - 4
. Financial year Y - 3
. Financial year Y - 2
. Financial year Y - 1
1 up to the value of gross profit for tax purposes A
Determination of income after tax from ordinary activities at December 31 2022 thousand MAD
I DETERMINATION OF INCOME MONTANT
Income from ordinary activities after items of income and expenditure
6 343 438
Tax write backs on ordinary activities 886 531
Tax deductions on ordinary activities 2 172 475
Theoretical taxable income from ordinary activities 5 057 494
Theoretical tax on income from ordinary activities 1 871 273
Income after tax from ordinary activities 4 472 165
II SPECIFIC TAX TREATMENT INCLUDING BENEFITS GRANTED BY INVESTMENT CODES UNDER SPECIFIC LEGAL PROVISIONS