Investor Presentaiton
Group income statement
Change
Change
Change
GEL thousands, unless otherwise noted
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
2Q22
2Q21
1Q22
1H22
1H21
y-o-y
9-0-9
y-o-y
553,309
446,636
23.9%
521,294
6.1%
1,074,603
875,216
22.8%
(272,139) (218,387)
24.6%
(249,844)
8.9%
(521,983)
(434,635)
20.1%
281,170
228,249
23.2%
271,450
3.6%
552,620
440,581
25.4%
135,127
94,727
42.6%
106,673
26.7%
241,800
171,173
41.3%
(54,062)
(37,521)
44.1%
(47,841)
13.0%
(101,903)
(65,317)
56.0%
81,065
57,206
41.7%
58,832
37.8%
139,897
105,856
32.2%
125,528
22,082
468.5%
64,484
94.7%
190,012
41,258
360.5%
7,087
27,438
-74.2%
983
621.0%
8,070
50,920
-84.2%
494,850
334,975
47.7%
395,749
25.0%
890,599
638,615
39.5%
(95,351)
(68,812)
38.6%
(78,329)
21.7%
(173,680)
(129,035)
34.6%
(37,420)
(30,068)
24.5%
(33,702)
11.0%
(71,122)
(53,631)
32.6%
(27,536)
(22,354)
23.2%
(24,627)
11.8%
(52,163)
(44,915)
16.1%
(592)
(160,899)
(584)
1.4%
(1,697)
-65.1%
(2,289)
(1,596)
43.4%
(121,818)
32.1%
(138,355)
16.3%
(299,254)
(229,177)
30.6%
Profit/(loss) from associates
250
Operating income before cost of risk
334,201
(4,299)
208,858
NMF
60.0%
126
98.4%
376
(4,132)
NMF
257,520
29.8%
591,721
405,306
46.0%
Expected credit loss /impairment charge on loans to customers
Expected credit loss /impairment charge on finance lease
(23,285)
25,140
NMF
(29,856)
-22.0%
(53,141)
(3,096)
NMF
(896)
(683)
31.2%
(1,284)
-30.2%
(2,180)
(1,614)
35.1%
Other expected credit loss and impairment charge on other
(1,730)
(10,424)
-83.4%
38,707
NMF
36,977
(25,374)
NMF
assets and provisions
Cost of risk
(25,911)
14,033
NMF
7,567
NMF
(18,344)
(30,084) -39.0%
Net operating income before non-recurring items
308,290
222,891
38.3%
265,087
16.3%
Net non-recurring items
Profit before income tax
Income tax expense
Profit
Profit attributable to:
- shareholders of the Group
- non-controlling interests
Earnings per share (basic)
Earnings per share (diluted)
232
(67)
308,522
222,824
NMF
38.5%
48
NMF
573,377
280
375,222
52.8%
(50)
NMF
265,135
16.4%
573,657
375,172
52.9%
(33,036)
275,486
(20,654)
59.9%
(24,563)
34.5%
(57,599)
(34,078)
69.0%
202,170
36.3%
240,572
14.5%
516,058
341,094
51.3%
274,268
201,239
36.3%
239,715
14.4%
513,983
339,454
51.4%
1,218
931
30.8%
857
42.1%
2,075
1,640
26.5%
5.81
4.21
38.0%
5.06
14.8%
10.87
7.08
53.5%
5.79
4.19
38.2%
5.00
15.8%
10.79
7.04
53.3%
56View entire presentation