Investor Presentaiton
Costs
Recurring operating costs
Employees
279
100.0
94.1
93.3
Q2 2010
2,968
4,911
91.0
90.0
393
Q1 2010
2.825
5.048
80.0
621
Q4 2009
2.674
40.3
14,781
70.0
45.0
45.8
617
Q3 2009
2,669
4,798
60.0
49.9
707
Q2 2009
2,665
4,914
50.0
757
Q1 2009
2,692
40.0
19.5
4,964
786
Q4 2008
30.0
2,741
4,977
53.0
49.0
45.2
842
20.0
24.2
18.7
1.8
30.4
1.7
10.0
13.4
11.0
Q3 2008
3.853
6,196
836
Q2 2008
3,619
5,911
0.0
824
Q1 2008
3,056
1H 2005
1H 2006
1H 2007
1H 2008
4,926
1H 2009
1H 2010
0
Personnel costs
Other recurring operating costs
Recurring operating costs
1,000 2,000 3,000 4,000
Group Consolidated ■BoG Standalone
Net non-recurring income/(costs)
5,000
6,000
7,000
BG Bank
GEL mln
60
GEL mln
20.0
+3.3% q-o-q
8.5
+3.2% y-o-y
3.2
(2.6)
0.0
(0.2)
(0.3)
(1.9)
1.9
(3.3)
48.9
49.6
47.9
47.8
46.6
46.3
44.6
46.3
45.0
Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010
44.5
40
50
50
40
(20.0)
21.3
21.6
22.2
18.7
24.9
23.1
22.7
22.6
24.1
22.9
(40.0)
30
20
20
(60.0)
25.7
27.3
28.4
25.6
23.1
22.0
23.2
22.3
22.5
23.4
10
(80.0)
0
(100.0)
Q1 2008 Q2 2008
Q3 2008 Q4 2008
Personnel Costs
Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010
■Other Recurring Operating Costs
(120.0)
Lobko
BANK OF GEORGIA
www.bog.ge/ir
(30.0)
Includes Goodwill
impairment of
GEL 68 mln
associated with
BG Bank and Real
estates mark down
(106.8)
September 2010
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