Task 1 Calculate Tier I and Tier II capital form the data given hereunder for a commercial bank of Oman. (5 marks)

Particulars	RO 000
Asset Revaluation Reserve	3,200
Cash Flow Hedge Reserve	60
Common Equity Share Capital	850,000
Cumulative Gain on Fair Value ( value after applying 55% haircut)	811
Cumulative Loss on Fair Value	3,500
Deferred Tax Asset	340
Goodwill (net of tax liability)	560
Retained Earnings	415,000
Share Premium	10,000
Significant Investment in the Common Stock of Banking and Financial Institutions (amount above 10% threshold)	34,150