BGEO Group Financial Update
3Q15 BS
BGEO | Balance sheet highlights
Balance Sheet
BGEO Group PLC
Change
Change
Banking Business
Change
Investment Business
Change
Change
Change
Sept-15 Sept-14
y-0-y
Liquid assets
Loans to customers
Accounts receivable and other loans
Insurance premiums receivable
2,924,784 1,749,381
5,266,125
3,818,742
67.2%
37.9%
Jun-15 q-o-q
2,741,533 6.7%
Sept-15
Sept-14
y-o-y
Jun-15
q-o-q
Sept-15
Sept-14
y-o-y
Jun-15
q-o-q
2,913,651
1,728,730
5,052,752 4.2%
5,367,311
3,897,160
87,348
62,830
39.0%
77,866 12.2%
13,291
6,501
68.5%
37.7%
104.4%
2,726,749
5,142,221
15,474 -14.1%
6.9%
186,812
75,514
147.4%
127,508
46.5%
4.4%
0.0%
0.0%
79,989
57,041
40.2%
70,343
13.7%
55,700
36,555
52.4%
58,142 -4.2%
28,413
14,961
89.9%
Prepayments
40,330
34,945
15.4%
52,145 -22.7%
21,374
19,928
7.3%
Inventories
148,777
85,132
74.8%
131,534 13.1%
10,929
6,122
78.5%
Investment property
224,028
185,316
20.9%
221,506 1.1%
143,469
121,359
Property and equipment
Total assets
775,599
9,937,889 6,815,670
562,342
37.9%
45.8%
669,153 15.9%
9,375,059 6.0%
339,300
Client deposits and notes
4,477,908 3,088,254
45.0%
4,104,417 9.1%
9,140,036
4,649,572
Amounts due to credit institutions
2,115,859 1,264,299
67.4%
2,139,517 -1.1%
2,011,801
301,004
6,340,444
3,142,980.
1,167,556
Debt securities issued
Accruals and deferred income
1,076,137
166,435
794,951
35.4%
1,063,123 1.2%
999,959
768,315
18.2%
12.7%
44.2%
47.9%
72.3%
30.1%
98,953
68.2%
132,832 25.3%
16,629
13,028
27.6%
Insurance contracts liabilities
66,608
57,637
15.6%
73,001 -8.8%
40,369
35,099
15.0%
Total liabilities
Total equity
Book value per share
Key Ratios
8,179,930
5,487,439
49.1%
1,757,959
43.60
1,328,231
36.97
32.4%
17.9%
7,719,116
1,655,943
6.0%
7,891,998
5,255,808
50.2%
7,463,969
26,519 7.1%
30,779 -30.6%
10,379 5.3%
143,873 -0.3%
338,858 0.1%
8,712,710 4.9%
4,212,822 10.4%
2,045,093 -1.6%
990,257 1.0%
14,369 15.7%
42,910 -5.9%
5.7%
29,165
22,636
28.8%
32,023
-8.9%
18,956
15,017
26.2%
21,366
-11.3%
137,848
79,010
74.5%
121,155
13.8%
80,559
63,957
26.0%
77,633
3.8%
436,299
1,094,685
261,338
66.9%
330,295
32.1%
611,191
79.1%
883,373
23.9%
0.0%
0.0%
209,898
175,299
19.7%
189,124
11.0%
83,549
27,023
209.2%
79,894
4.6%
149,806
85,925
74.3%
118,463
26.5%
26,239
22,538
16.4%
30,091
-12.8%
584,764
367,597
59.1%
476,171
22.8%
6.2%
1,248,038
1,084,636
15.1%
1,248,741 -0.1%
509,921
243,594
109.3%
407,202
25.2%
41.74
4.5%
Banking Business Ratios
ROAA
ROAE
Net Interest Margin
Loan Yield
Cost of Funds
3Q15
3Q14
2Q15
9M15
9M14
3.3%
3.5% 2.9%
3.1%
3.3%
23.3%
21.0% 19.3%
20.6%
19.8%
7.6%
7.6%
7.6%
7.7%
7.5%
14.7%
14.2% 14.6%
14.7%
14.4%
5.1%
4.7% 5.0%
5.1%
4.8%
Cost of Customer Funds
4.1%
4.1%
4.4%
4.3%
4.3%
Cost of Amounts Due to Credit Institutions
6.3%
4.8% 5.3%
5.7%
4.8%
Cost / Income
34.8%
40.1% 35.7%
35.7%
41.3%
NPLs To Gross Loans To Clients
4.0%
3.8% 4.1%
4.0%
3.8%
NPL Coverage Ratio
82.0%
78.1% 82.2%
82.0%
78.1%
NPL Coverage Ratio, adjusted for discounted value of collateral
121.9%
112.1% 115.1%
121.9%
112.1%
Cost of Risk
2.5%
1.6% 2.7%
2.8%
1.2%
Tier I capital adequacy ratio (BIS)
16.7%
22.7% 20.4%
16.7%
22.7%
Total capital adequacy ratio (BIS)
23.7%
26.4% 26.7%
23.7%
26.4%
Tier I capital adequacy ratio (New NBG, Basel II)
10.2%
11.2% 10.4%
10.2%
11.2%
Total capital adequacy ratio (New NBG, Basel II)
15.8%
14.2% 15.9%
15.8%
14.2%
Holding company of BANK OF GEORGIA
BGEO www.bgeo.com
GROUP
November 2015
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