Company profit and loss account
For the year ended 31 December 2019
(before profit appropriation) | Notes |
|
|
Income | |||
Interest income from financial instruments measured at AC | 322,735 | 289,117 | |
Interest income from financial instruments measured at FVPL1 | 53,524 | 37,996 | |
Interest expenses from financial instruments measured at AC | -136,724 | -102,464 | |
Interest expenses from financial instruments measured at FVPL | -24,283 | -23,742 | |
Net interest income | 215,252 | 200,907 | |
Fee and commission income | 7,212 | 5,708 | |
Fee and commission expense | -11,226 | -844 | |
Net fee and commission income | (21) | -4,014 | 4,864 |
Dividend income | (22) | 29,553 | 28,251 |
Results from equity investments | (23) | 64,553 | 38,997 |
Results from financial transactions | (24) | -19,990 | -23,086 |
Remuneration for services rendered | (25) | 28,502 | 28,048 |
Gains and losses due to recognition | (26) | 3,916 | 14,980 |
Other operating income | (27) | 1,695 | 589 |
Total other income | 108,229 | 87,779 | |
Total income | 319,467 | 293,550 | |
Operating expenses | |||
Staff costs | (28) | -89,255 | -78,385 |
Administrative expenses | (29) | -31,913 | -23,516 |
Depreciation and impairment of fixed assets | (11), (12) | -7,809 | -3,769 |
Other operating expenses | -164 | -67 | |
Total operating expenses | -129,141 | -105,737 | |
Impairments on | |||
Interest-bearing securities | (4) | -5 | -18 |
Loans | (6),(7) | -91,038 | -27,553 |
Loan commitments | (31) | -1,849 | 4,265 |
Guarantees issued | (31) | 964 | 308 |
Total impairments | -91,928 | -22,998 | |
Share in the result of subsidiaries | 8,939 | 2,370 | |
Share in the result of associates | (9) | 11,077 | -1,802 |
Total result on associates and subsidiaries | 20,016 | 568 | |
Profit before taxation | 118,414 | 165,383 | |
Income tax | (30) | 1,949 | -14,561 |
Net profit | 120,363 | 150,821 |
- 1 Amount is related to interest from those derivative financial instruments that are associated with the 'loans to the private sector' and is therefore considered as 'interest income'.