Company profit and loss account
For the year ended 31 December 2020
Notes |
|
| |
Income | |||
Interest income from financial instruments measured at AC | 321,862 | 322,735 | |
Interest income from financial instruments measured at FVPL | 1,771 | 53,524 | |
Interest expenses from financial instruments measured at AC | -120,825 | -136,539 | |
Interest expenses from financial instruments measured at FVPL | 38,350 | -24,283 | |
Interest expenses on leases | -168 | -185 | |
Net interest income | (20) | 240,990 | 215,252 |
Dividend Income | (21) | 32,908 | 29,553 |
Results from Equity Investments | (22) | -200,152 | 64,553 |
Share in the result of subsidiaries | -10,238 | 8,939 | |
Share in the result of associates | -66,416 | 11,077 | |
Total results from Equity Investments, subsidiaries and associates | -243,898 | 114,122 | |
Fee and commission income | 7,393 | 7,212 | |
Fee and commission expense | -3,794 | -11,226 | |
Net fee and commission income | (23) | 3,599 | -4,014 |
Results from financial transactions | (24) | -10,806 | -19,990 |
Remuneration for services rendered | (25) | 27,733 | 28,502 |
Gains and losses due to recognition | (26) | 2,000 | 3,916 |
Other operating income | (27) | 293 | 1,695 |
Total other income | 19,220 | 14,123 | |
Total income | 19,911 | 339,483 | |
Operating expenses | |||
Staff costs | (28) | -99,734 | -89,255 |
Administrative expenses | (29) | -29,858 | -31,913 |
Depreciation and impairment of fixed assets | (11), (12) | -12,665 | -7,809 |
Other operating expenses | -253 | -164 | |
Total operating expenses | -142,510 | -129,141 | |
Impairments on | |||
Interest-bearing securities | (5) | -36 | -5 |
Loans | (7),(8) | -76,406 | -91,038 |
Loan commitments | (31) | 877 | -1,849 |
Guarantees issued | (31) | -2,817 | 964 |
Total impairments | -78,382 | -91,928 | |
Profit/(loss) before taxation | -200,981 | 118,414 | |
Income tax | (30) | -4,251 | 1,949 |
Net profit/(loss) | -205,232 | 120,363 |
- 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'.