Investor Presentaiton
BANK OF GEORGIA GROUP INCOME STATEMENT
GEL thousands, unless otherwise noted
4Q19
4Q18
Bank of Georgia Group Consolidated
Change
3Q19
y-o-y
Change
9-0-9
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
393,480 345,760
(186,389) (158,322)
207,091 187,438
77,472
(30,914) (21,006)
46,558 41,344
37,177 53,358
18,439 (9,073)
309,265 273,067
(61,504) (58,331)
(35,131) (30,010)
(23,815)
13.8% 366,721
7.3%
17.7% (165,729)
12.5%
10.5%
200,992
3.0%
62,350
24.3%
76,166
1.7%
47.2%
(28,157)
9.8%
12.6% 48,009
-3.0%
-30.3%
32,233
15.3%
NMF
3,728
NMF
(11,365)
(1,095)
(1,151)
Profit from associates
Operating income before cost of risk
Expected credit loss/ impairment charge on loans to customers
187,873
Expected credit loss/ impairment charge on finance lease receivables
Other expected credit loss/ impairment charge on other assets and provisions
Cost of risk
Net operating income before non-recurring items
(7,985)
451
(6,698)
(121,545) (100,857)
153
318
172,528
(25,783)
514
(15,509)
Net non-recurring items (excluding one-offs)
One-off termination costs of former CEO (1)
Net non-recurring items
Profit before income tax expense
Income tax expense (excluding one-offs)
Income tax benefit related to one-off termination costs of former CEO (2)
Income tax expense
Profit
13.3% 284,962
5.4% (59,539)
17.1%
109.5%
-4.9%
20.5%
-51.9%
8.9%
-69.0%
-12.3%
-56.8%
(14,232) (40,778) -65.1% (15,223)
173,641 131,750 31.8% 162,016
(1,591) (2,185) -27.2%
(4,401)
NMF
(1,591) (6,586) -75.8% (5,019)
172,050 125,164 37.5% 156,997
(15,515) (10,888) 42.5%
540
NMF
(15,515) (10,348) 49.9% (22,697)
156,535 114,816 36.3% 134,300
8.5%
3.3%
(26,251)
33.8%
(21,320)
11.7%
(807)
35.7%
(107,917)
12.6%
194
177,239
(13,617)
-21.1%
6.0%
-41.4%
(333)
NMF
(1,273)
NMF
-6.5%
7.2%
(5,019)
-68.3%
-68.3%
9.6%
(22,697)
-31.6%
-31.6%
16.6%
One-off items (1)+(2)
(3,861)
NMF
Profit attributable to:
- shareholders of the Group
- non-controlling interests
Earnings per share (basic)
Earnings per share (diluted)
BANK OF GEORGIA
155,823
114,240
712
576
36.4% 133,687
23.6%
16.6%
613
16.2%
3.30
2.40
37.5%
2.81
17.4%
3.29
2.40
37.1%
2.81
17.1%
66View entire presentation