Management Target and Financial Overview
Lobko
Targeted financial performance 2010
Target pre-provision profit for 2010
GEL mln
160
127.9
135.6
5.73
135.0
13.03
120
106.8
21.85
80
40
0
2007
68.02
27.0
2008
2009
2010F
Goodwill Impairment associated with BG Bank
Losses related to investments
Profit before provisions
Losses related to Real Estate
Other
Target net provision expense for 2010
Assumptions
2010 real GDP growth of 2%* in
Georgia
2010 inflation rate of 3.2%* in
Georgia
The GEL/US$ exchange rate
remains stable during 2010
ā Geo-political stability is
sustained in the region
Target net income for 2010
GEL mln
160
120
80
40
17.0
0
2007
BANK OF GEORGIA
www.bog.ge/ir
130.4
128.7
GEL mln
100.0
75.6
80.0
60.0
40.0
20.0
0.2
72.3
2007
2008
2009
2010F
(20.0)
(40.0)
50.0
(60.0)
(80.0)
(100.0)
2008
2009
2010F
(99.0)
* IMF Estimates
April 2010
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