Investor Presentaiton
GROUP INCOME STATEMENT
81
Change
Change
Change
GEL thousands, unless otherwise noted
4Q21
4Q20
3Q21
2021
2020
y-o-y
9-0-9
y-o-y
Interest income
Interest expense
Net interest income
Fee and commission income
Fee and commission expense
Net fee and commission income
Net foreign currency gain
Net other income
Operating income
Salaries and other employee benefits
Administrative expenses
Depreciation, amortisation and impairment
Other operating expenses
Operating expenses
509,563
(239,492)
270,071
113,664
420,398
21.2%
466,265
9.3%
(218,802)
9.5%
(222,976)
7.4%
1,851,044
(897,103)
1,595,427
16.0%
(817,785)
9.7%
201,596
34.0%
243,289
11.0%
953,941
777,642
22.7%
77,382
46.9%
105,992
7.2%
390,829
274,458
42.4%
(49,564)
(30,424)
62.9%
(43,516)
13.9%
(158,398)
(108,955)
45.4%
64,100
46,958
36.5%
62,476
2.6%
232,431
165,503
40.4%
34,495
26,457
30.4%
33,346
3.4%
109,099
99,040
10.2%
10,579
25,016
-57.7%
8,706
21.5%
70,206
48,474
44.8%
379,245
300,027
26.4%
347,817
9.0%
1,365,677
1,090,659
25.2%
(80,501)
(64,243)
25.3%
(71,551)
12.5%
(281,087)
(239,607)
17.3%
(43,552)
(31,617)
37.7%
(32,342)
34.7%
(129,524)
(105,531)
22.7%
(25,256)
(21,283)
18.7%
(23,448)
7.7%
(93,618)
(82,937)
12.9%
(1,463)
(1,714)
-14.6%
Profit/(loss) from associates
(150,772)
128
Operating income before cost of risk
228,601
(118,857)
154
181,324
Expected credit loss on loans to customers
9,836
(14,579)
Expected credit loss on finance lease receivables
(3,406)
(381)
Other expected credit loss and impairment charge on other assets and provisions
(14,174)
(23,471)
Cost of risk
(7,744)
(38,431)
Net operating income before non-recurring items
220,857
142,893
Net non-recurring items
(62)
21
Profit before income tax expense
220,795
142,914
Income tax expense
Profit
(20,076)
(11,065)
(661)
26.9% (128,002)
-16.9%
26.1%
NMF
NMF
-39.6%
-79.8%
54.6%
NMF
54.5%
81.4%
223
220,038
121.3%
17.8%
-42.6%
3.9%
(3,723)
(4,560)
-18.4%
(507,952)
(3,781)
853,944
(432,635)
17.4%
782
NMF
658,806
29.6%
(8,192)
NMF
(1,452)
(236,983)
-99.4%
70
NMF
(4,950)
(8,025)
-38.3%
(5,462)
(13,584)
159.5%
(45,010)
(55,989)
-19.6%
-43.0%
(51,412)
(300,997)
-82.9%
206,454
(479)
205,975
7.0%
-87.1%
802,532
357,809
124.3%
(590)
(41,311)
-98.6%
7.2%
200,719
131,849
52.2%
(20,671)
185,304
-2.9%
801,942
(74,824)
316,498
153.4%
(21,555)
NMF
8.3%
727,118
294,943
146.5%
Profit attributable to:
- shareholders of the Group
- non-controlling interests
Earnings per share (basic)
Earnings per share (diluted)
199,889
131,220
830
629
52.3%
32.0%
184,462
8.4%
723,806
293,584
146.5%
842
-1.4%
3,312
1,359
143.7%
4.25
2.76
54.0%
3.90
9.0%
15.22
6.17
146.7%
4.12
2.76
49.3%
3.80
8.4%
14.88
6.17
141.2%View entire presentation