Financial Overview and Strategy slide image

Financial Overview and Strategy

Reconciliation of consolidated profit with previous GAAP B in crore BAJAJ FINSERV Particulars Profit before tax as per previous GAAP ® Ind AS adjustments increasing / (decreasing) profit: Adoption of Effective Interest Rate (EIR) for financial assets recognised at am ortised cost. Adoption of Effective Interest Rate (EIR) for financial liabilities. recognised at am ortised cost Q4 FY19 Q4 FY18 Yo Y FY19 FY18 Yo Y 1,710 1,134 51% 6,675 4,096 63% 60 11 (422) (197) 54 (0) 107 13 Expected credit Loss (21) 37 (131) 9 Fair value of stock options as per Ind AS 102. (18) (12) (75) (45) Actuarial loss on employee defined benefit plan recognised in 'Other comprehensive income' as per Ind AS 19 16 8 16 8 Gain/ (losses) on fair valuation of financial assets at fair value through profit and loss 4 (34) 7 (41) Recognition of service asset on assignment 1 (4) Others 6 6 Net profit before tax as per Ind AS 1,812 1,144 58% 6,179 3,843 61% Tax expense (including current tax and deferred tax) (637) (397) (2,186) (1,347) Net profit after tax as per Ind AS 1,176 748 57% 3,995 2,496 60% Net profit after tax as per previous GAAP * @ 1,116 745 50% 4,347 2,674 63% @ Amounts as per previous GAAP for Q4 FY19 and FY19 are management estimates and not reviewed by auditors 18
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