TAIB Bank B.S.C. (c) reported audited consolidated earnings results for the year ended December 31, 2011. For the year, the company reported interest and similar income of $6,238,000 against $3,847,000 for the same period last year. Net interest income was $2,460,000 against net interest expense of $3,191,000 for the same period last year. Loss before taxation was $8,738,000 against $39,061,000 for the same period last year. Loss for the year attributable to equity holders of the company was $9,035,000 or $0.085 per basic and diluted share against $38,613,000 or $0.360 per basic and diluted share for the same period last year. Net cash used in operating activities was $75,364,000 against $52,635,000 for the same period last year.