Investor Presentaiton
GROUP INCOME STATEMENT
83
Change
Change
Change
GEL thousands, unless otherwise noted
2Q21
2Q20
1Q21
1H21
1H20
y-o-y
9-0-9
y-o-y
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
446,636
(218,387)
228,249
379,038
17.8%
428,580
4.2%
875,216
767,364
14.1%
(204,102)
7.0%
(216,248)
1.0%
(434,635)
(395,347)
9.9%
174,936
30.5%
212,332
7.5%
440,581
372,017
18.4%
94,727
54,389
74.2%
76,446
23.9%
171,173
125,284
36.6%
(37,521)
(21,488)
74.6%
(27,796)
35.0%
(65,317)
(52,271)
25.0%
57,206
32,901
73.9%
48,650
17.6%
105,856
73,013
45.0%
22,082
22,743
-2.9%
19,176
15.2%
41,258
53,404
-22.7%
27,438
9,081
NMF
23,482
16.8%
50,920
15,707
NMF
334,975
239,661
39.8%
303,640
10.3%
638,615
514,141
24.2%
(68,812)
(60,656)
13.4%
(60,223)
14.3%
(129,035)
(117,194)
10.1%
(30,068)
(22,450)
33.9%
(23,563)
27.6%
(53,631)
(49,470)
8.4%
(22,354)
(21,139)
(584)
(121,818)
(Loss) profit from associates
(4,299)
Operating income before cost of risk
208,858
(913)
(105,158)
113
134,616
Expected credit loss on loans to customers
25,140
11,621
Expected credit loss on finance lease receivables
(683).
(3,387)
Other expected credit loss and impairment charge on other assets and provisions
(10,424)
(18,455)
5.7%
-36.0%
15.8%
NMF
55.2%
116.3%
-79.8%
-43.5%
(22,561)
-0.9%
(44,915)
(42,529)
5.6%
(1,012)
-42.3%
(1,596)
(1,974)
-19.1%
(107,359)
13.5%
167
NMF
Cost of risk
14,033
(10,221)
NMF
196,448
(28,236)
(931)
(14,950)
(44,117)
6.3%
(229,177)
(4,132)
405,306
(211,167)
8.5%
414
NMF
NMF
-26.6%
-30.3%
NMF
(3,096)
(1,614)
303,388
(216,568)
33.6%
-98.6%
(5,273)
-69.4%
(25,374)
(30,084)
(29,782)
-14.8%
Net operating income before non-recurring items
222,891
124,395
79.2%
152,331
46.3%
375,222
(251,623)
51,765
-88.0%
NMF
Net non-recurring items
(67)
(1,241)
-94.6%
17
NMF
Profit before income tax
222,824
123,154
80.9%
152,348
46.3%
(50)
375,172
(41,586)
-99.9%
10,179
NMF
Income tax (expense) / benefit
Profit
(20,654)
(8,470)
143.8%
202,170
114,684
76.3%
(13,424)
138,924
53.9%
(34,078)
4,560
NMF
45.5%
341,094
14,739
NMF
Profit attributable to:
- shareholders of the Group
- non-controlling interests
Earnings per share (basic)
Earnings per share (diluted)
201,239
114,174
76.3%
138,214
931
510
82.5%
710
45.6%
31.1%
339,454
14,659
NMF
1,640
80
NMF
4.21
2.40
75.4%
2.87
46.7%
7.08
0.31
NMF
4.19
2.40
74.6%
2.87
46.0%
7.04
0.31
NMFView entire presentation