Sohar International Bank SAOG : Q3 Capital disclosureQ2 Capital disclosureQ1 Capital disclosure

BANK SOHAR SAOG

RECONCILIATION TEMPLATE - AS OF Sep'22

Step 1 :		( RO '000 )
	Balance sheet as in	Under regulatory
	published financial	scope of consolidation
	statements
	As at Sep'22	As at Sep'22
Assets
Cash and balances with Central Bank of Oman	83,751	83,745
Certificates of deposit		-
Due from banks	281,093	281,093
Loans and advances	2,796,565	2,796,565
Investments in securities	874,905	874,905
Loans and advances to banks		-
Property and equipment	50,456	50,456
Deferred tax assets		-
Other assets	161,414	161,420
Total assets	4,248,184	4,248,184
Liabilities
Due to banks	738,862	738,862
Customer deposits	2,625,979	2,625,979
Certificates of deposit		-
Current and deferred tax liabilities		-
Other liabilities	189,304	189,304
Subordinated Debts	35,654	35,654
Compulsory Convertible bonds	-	-
Total liabilities	3,589,799	3,589,799
Shareholders' Equity
Paid-up share capital	455,355	455,355
Share premium	18,038	18,038
Legal reserve	34,389	34,389
General reserve	988	988
Retained earnings	16,645	16,645
Cumulative changes in fair value of investments	(494)	(494)
Subordinated debt reserve	28,000	28,000
Impairment reserve	5,464	5,464
Special Reserve		-
Perpetual Tier 1 Capital Securities	100,000	100,000
Total shareholders' equity	658,385	658,385
Total liability and shareholders' funds	4,248,184	4,248,184

BANK SOHAR SAOG

RECONCILIATION TEMPLATE - AS OF Sep'22

Step 2 :

		( RO '000 )
	Balance sheet as in	Under regulatory	Reference
	published financial	scope
	statements	of consolidation
	As at Sep'22	As at Sep'22
Assets
Cash and balances with CBO	83,751	83,745
Balance with banks and money at call and short notice	281,093	281,093
Investments :	874,905	874,905
Of which Held to Maturity	358,980	358,980
Out of investments in Held to
Maturity:
Investments in subsidiaries	NA	NA
Investments in Associates and	NA	NA
Joint Ventures
Of which Available for Sale	420,541	420,541
	NA	NA
Out of investments in Available for Sale :
Investments in Subsidiaries
Investments in Associates and	NA	NA
Joint Ventures
Held for Trading	95,386	95,386
Loans and advances	2,796,565	2,796,565
Of which :
Loans and advances to domestic	-	-
banks
Loans and advances to non-resident	-	-
banks
Loans and advances to domestic	2,369,457	2,369,457
customers
Loans and advances to non-resident	-	-
Customers for domestic operations
Loans and advances to non-resident	-	-
Customers for operations abroad
Loans and advances to SMEs	91,096	91,096
Financing from Islamic banking window	336,012	336,012
Fixed assets	50,456	50,456
Other assets	161,414	161,420
of which:
Goodwill and intangible assets
Out of which:
goodwill	-	-
Other intangibles (excluding	-	-
MSRs)
Deferred tax assets	-	-
Goodwill on consolidation	-	-
Debit balance in Profit & Loss	-	-
account
Total Assets	4,248,184	4,248,184
Capital & Liabilities
Paid-up Capital	473,393	473,393
Of which:
Amount eligible for CET1	473,393	473,393
Amount eligible for AT1	100,000	100,000
Reserves & Surplus	84,992	84,992
Out of which
Retained earnings*	16,645	16,645	b
Other Reserves	68,841	68,841
Cumulative changes in fair value of investments	(494)	(494)
Out of which :
Losses from fair value of investments		-	a
Gains from fair value of investments		-
Haircut of 55% on Gains		-
Total Capital	558,385	558,385
Deposits :	2,625,979	2,625,979
Of which:
Deposits from banks	-	-
Customer deposits	2,248,680	2,248,680
Deposits of Islamic Banking window	377,299	377,299
Other deposits(please specify)	-	-
Borrowings	738,862	738,862
Of which: From CBO	-	-
From banks	738,862	738,862
From other institutions &	-	-
agencies
Borrowings in the form of bonds, Debentures and sukuks	-	-
Others (Subordinated debt)	35,654	35,654
Other liabilities & provisions**	189,304	189,304
Of which:
Out of which : DTLs related to Investments		-
Out of which : DTAs related to Investments		-
Out of which : DTLs related to Fixed Assets		-
DTLs related to goodwill	-	-
DTLs related to intangible assets	-	-
TOTAL	4,148,184	4,148,184

BANK SOHAR SAOG

RECONCILIATION TEMPLATE - AS OF Sep'22

Step 3 :

Common Equity Tier 1 capital: instruments and reserves

		Component of regulatory	Source based on reference
		capital reported by bank	numbers/letters of the balance
			sheet under the regulatory scope of
			consolidation from step 2
1	Directly issued	473,393
	qualifying common share (and equivalent
	for non- joint stock companies) capital plus
	related stock surplus
2	Retained earnings	(11,441)	b
3	Accumulated other comprehensive income	63,377
	(and other reserves)
4	Directly issued capital subject to phase out	-
	from
	CET1 (only applicable to non-joint stock
	companies)
5	Common share capital issued by subsidiaries	-
	and held by third parties (amount allowed in
	group CET1)
6	Common Equity Tier 1	525,329
	capital before regulatory adjustments
7	Prudential valuation	-
	adjustments
8	Goodwill (net of related tax liability)	-
9	Losses from fair value of investments	(494)	a
10	DTA related to Investments	-
11	Common Equity Tier 1	524,835
	capital (CET1)

SOHAR INTERNATIONAL SAOG

MAIN FEATURES TEMPLATE OF CAPITAL INSTRUMENTS - as of September 2022

1	Issuer	SOHAR INTERNATIONAL	SOHAR INTERNATIONAL	SOHAR INTERNATIONAL
2	Unique identifier (eg CUSIP, ISIN or		ISIN OM0000003398	ISIN OM0000007605
	Bloomberg identifier for private placement)
3	Governing law(s) of the instrument	Banking Law of Oman	Banking Law of Oman / Commercial	Banking Law of Oman / Commercial
	Regulatory treatment		Companies Law	Companies Law
4	Transitional Basel III rules	NA	NA	NA
5	Post-transitional Basel III rules	Tier 2	Common Equity Tier 1	Additional Tier 1
6	Eligible at solo/group/group & solo	Solo	Solo	Solo
7	Instrument type (types to be specified by	Subordinated Debt	Equity Shares	Prepetual Capital Securities
	each jurisdiction)
8	Amount recognised in regulatory capital	OMR 35 Million	OMR 455.355 Million	OMR 100 Million
	(Currency in mil, as of most recent reporting date)
9	Par value of instrument	OMR 35 Million	OMR 455.355 Million	OMR 100 Million
10	Accounting classification	Liability - amortised cost	Shareholder's Equity	Shareholder's Equity
11	Original date of issuance	Started issuance from 25th May 2016	03-Jan-07	14-Mar-19
12	Perpetual or dated	Dated	Perpetual	Perpetual
13	Original maturity date	7 years from date of allotment	NA	NA
		First maturity on 25th Jul 2023
14	Issuer call subject to prior supervisory	No	NA	Yes
	approval
15	Optional call date, contingent call dates and redemption	Not callable	NA	First call date i.e 5th anniversary
	amount			from the date of issue, at bank's
				sole discretion or if directed to do
				so by the CBO at an early
				redemption amount
16	Subsequent call dates, if applicable	Not callable	NA	Every fifth anniversary thereafter
				after the first call date
	Coupons / dividends
17	Fixed or floating dividend/coupon	Fixed	NA	Floating coupon
18	Coupon rate and any related index	7.00% p.a.	NA	7.50% & every 5 year reset
19	Existence of a dividend stopper	No	NO	NO
20	Fully discretionary, partially discretionary	Mandatory	Fully discretionary	Fully discretionary, payable out of
	or mandatory			distributable items
21	Existence of step up or other incentive to redeem	No	NO	NO
22	Noncumulative or cumulative	Noncumulative	Noncumulative	Noncumulative
23	Convertible or non-convertible	Nonconvertible	Non-convertible	Non-convertible
30	Write-down feature	No	NO	NO
31	If write-down,write-down trigger(s)	NA	NA	NA
32	If write-down, full or partial	NA	NA	NA
33	If write-down, permanent or temporary	NA	NA	NA
34	If temporary write-down, description of	NA	NA	NA
	write-up mechanism
35	Position in subordination hierarchy in	Subordinated to all Senior liabilities.	Subordinated to the Compulsorily	Subordinated to the Compulsorily
	liquidation (specify instrument type immediately senior to	Currently, subordinated to fixed	Convertible bonds issued by the Bank	Convertible bonds issued by the
	instrument)	deposits		Bank & subordinated loans
36	Non-compliant transitioned features	NO	NO	NO
37	If yes, specify non-compliant features	NA	NA	NA

Basel III common disclosure template to be used during the transition of regulatory adjustments

		(Please fill in only the cells highlighted in green with numbers and those in yellow with comments, if any)
				AMOUNTS
				SUBJECT TO PRE-
				BASEL III
			RO '000	TREATMENT
		Common Equity Tier 1 capital: instruments and reserves
	1	Directly issued qualifying common share capital (and equivalent for non-joint stock companies)	473,393
		plus related stock surplus
	2	Retained earnings	(11,441)
	3	Accumulated other comprehensive income (and other reserves)	63,377
	4	Directly issued capital subject to phase out from CET1 (only applicable to non-joint stock	-
		companies)
		Public sector capital injections grandfathered until 1 January 2018	-
	5	Common share capital issued by subsidiaries and held by third parties (amount allowed in group	-	-
		CET1)
	6	Common Equity Tier 1 capital before regulatory adjustments	525,329
		Common Equity Tier 1 capital: regulatory adjustments
	7	Prudential valuation adjustments	517	-
	8	Goodwill (net of related tax liability)	-	-
	9	Other intangibles other than mortgage-servicing rights (net of related tax liability)	-	-
	10	Deferred tax assets that rely on future profitability excluding those arising from temporary	-	-
		differences (net of related tax liability)
	11	Cash-flow hedge reserve	-	-
	12	Shortfall of provisions to expected losses	-	-
	13	Securitisation gain on sale (as set out in paragraph 14.9 of CP-1)	-	-
	14	Gains and losses due to changes in own credit risk on fair valued liabilities.	-	-
	15	Defined-benefit pension fund net assets	-	-
	16	Investments in own shares (if not already netted off paid-in capital on reported balance sheet)	-	-
	17	Reciprocal cross-holdings in common equity	-	-
	18	Investments in the capital of banking, financial, insurance and takaful entities that are outside	-	-
		the scope of regulatory consolidation, net of eligible short positions, where the bank does not
		own more than 10% of the issued share capital (amount above 10% threshold)
	19	Significant investments in the common stock of banking, financial, insurance and takaful entities	-	-
		that are outside the scope of regulatory consolidation, net of eligible short positions (amount
		above 10% threshold)
	20	Mortgage Servicing rights (amount above 10% threshold)	-	-
	21	Deferred tax assets arising from temporary differences (amount above 10% threshold, net of	-	-
		related tax liability)
	22	Amount exceeding the 15% threshold	-	-
	23	of which: significant investments in the common stock of financials	-	-
	24	of which: mortgage servicing rights	-	-
	25	of which: deferred tax assets arising from temporary differences	-	-
	26	National specific regulatory adjustments	-	-
		REGULATORY ADJUSTMENTS APPLIED TO COMMON EQUITY TIER 1 IN RESPECT OF
		AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT
		Of which: [INSERT NAME OF ADJUSTMENT]	-	-
		Of which: [INSERT NAME OF ADJUSTMENT]	-	-
		Of which: [INSERT NAME OF ADJUSTMENT]	-	-
	27	Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional Tier 1	-
		and Tier 2 to cover deductions
	28	Total regulatory adjustments to Common equity Tier 1	517
	29	Common Equity Tier 1 capital (CET1)	524,812
		Additional Tier 1 capital: instruments
	30	Directly issued qualifying Additional Tier 1 instruments plus related stock surplus	100,000
	31	of which: classified as equity under applicable accounting standards 5	100,000
	32	of which: classified as liabilities under applicable accounting standards 6	-
	33	Directly issued capital instruments subject to phase out from Additional Tier 1	-
	34	Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by	-
		subsidiaries and held by third parties (amount allowed in group AT1)
	35	of which: instruments issued by subsidiaries subject to phase out	-
	36	Additional Tier 1 capital before regulatory adjustments	100,000
		Additional Tier 1 capital: regulatory adjustments
	37	Investments in own Additional Tier 1 instruments	-	-
	38	Reciprocal cross-holdings in Additional Tier 1 instruments	-	-
	39	Investments in the capital of banking, financial, insurance and takaful entities that are outside	-	-
		the scope of regulatory consolidation, net of eligible short positions, where the bank does not
		own more than 10% of the issued common share capital of the entity (amount above 10%
		threshold)
	40	Significant investments in the capital of banking, financial, insurance and takaful entities that are	-	-
		outside the scope of regulatory consolidation (net of eligible short positions)
	41	National specific regulatory adjustments	-
		REGULATORY ADJUSTMENTS APPLIED TO ADDITIONAL TIER 1 IN RESPECT OF
		AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT
		Of which: [INSERT NAME OF ADJUSTMENT]	-
		Of which: [INSERT NAME OF ADJUSTMENT]	-
		Of which: [INSERT NAME OF ADJUSTMENT]	-
	42	Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover deductions	-
	43	Total regulatory adjustments to Additional Tier 1 capital	-
	44	Additional Tier 1 capital (AT1)	100,000
	45	Tier 1 capital (T1 = CET1 + AT1)	624,812
		Tier 2 capital: instruments and provisions
	46	Directly issued qualifying Tier 2 instruments plus related stock surplus
	47	Directly issued capital instruments subject to phase out from Tier 2	-
	48	Tier 2 instruments (and CET1 and AT1 instruments not included in rows 5 or 34) issued by	10
		subsidiaries and held by third parties (amount allowed in group Tier 2)
	49	of which: instruments issued by subsidiaries subject to phase out