Total Assets as at 30 June 2022 reached QAR1,124 billion (USD309 billion), an increase of 6% from 30 June 2021, mainly driven by good growth in Loans and advances by 3% to reach QAR766 billion (USD210 billion). Diversified customer deposits generation helped to increase customer deposits by 4% to reach QAR795 billion (USD218 billion) from 30 June 2021. During the period, QNB Group's Turkey operations was subjected to hyperinflationary accounting requirements as per International Financial Reporting Standards due to which a non-cash "net monetary loss" was reported in the Group's income statement amounting to QAR744 million (USD204 million). This accounting adjustment was neutral on the Group's total equity. Operating Income increased by 20% to reach QAR16.3 billion (USD4.5 billion) which reflects the Group's success in maintaining growth across a range of revenue sources.