Bank of Georgia Financial Analysis
BNB FINANCIAL HIGHLIGHTS
INCOME STATEMENT, HIGHLIGHTS
Change
Change
4Q18
4Q17
3Q18
2018
2017
GEL thousands, unless otherwise stated
y-o-y
9-0-9
Change
y-o-y
Net interest income
6,471
6,021
7.5%
6,525
-0.8%
Net fee and commission income
1,356
2,421
-44.0%
1,669
-18.8%
25,894
7,805
29,397 -11.9%
9,336 -16.4%
Net foreign currency gain
5,261
3,457
52.2%
3,885
35.4%
16,605
10,852
53.0%
Net other income
332
1,295
-74.4%
105
NMF
Revenue
13,420
13,194
1.7% 12,184
10.1%
Operating expenses
(8,785) (8,185)
7.3%
(7,571)
16.0%
746
51,050
(32,261) (29,665)
1,773
51,358
-57.9%
-0.6%
8.8%
Operating income before cost of risk
4,635
5,009
-7.5%
4,613
0.5%
18,789
21,693
-13.4%
Cost of risk
670
(518)
NMF
(718)
NMF
(3,070)
(9,092)
-66.2%
Net non-recurring items
(8)
(5)
60.0%
NMF
(716)
(60)
NMF
Profit before income tax
Income tax expense
5,297
4,486
18.1%
3,892
36.1%
15,003
12,541
19.6%
Profit
(1,162)
4,135
(875)
3,611
32.8% (885) 31.3%
14.5% 3,007 37.5%
(3,546)
(2,257)
57.1%
11,457 10,284
11.4%
BALANCE SHEET, HIGHLIGHTS
GEL thousands, unless otherwise stated
Dec-18
Dec-17
Change
y-o-y
Change
Sep-18
9-0-9
Cash and cash equivalents
110,340
104,309
5.8% 65,808
67.7%
Amounts due from credit institutions
19,664
10,499
87.3%
11,469
71.5%
Investment securities
67,734
73,415
-7.7%
109,798 -38.3%
Loans to customers and finance lease receivables
432,657
399,516
8.3% 394,749
9.6%
Other assets
50,155
37,096
35.2% 42,038
19.3%
Total assets
680,550
624,835
Client deposits and notes
Amounts due to credit institutions
Debt securities issued
Other liabilities
Total liabilities
Total equity
Total liabilities and equity
389,001 310,050
162,823 202,492
38,163 28,512
5,300
595,287
85,263
680,550
8.9% 623,862
25.5% 363,233
-19.6% 146,932
9.1%
7.1%
10.8%
33.8% 28,825
32.4%
4,261
545,315
79,520
624,835
24.4%
9.2%
4,433
19.6%
543,423
9.5%
7.2%
8.9%
80,439
6.0%
623,862
9.1%
BANK OF GEORGIA
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