Investor Presentaiton
Consolidated
Net Normalized
GEL mln
45.0
Operating
Income (NNOI)
40.0
38.7
37.3
36.6
36.3
37.1
increased 18.1%
34.3
35.0
34.3
q-o-q up 2.1%
30.8
Operating profit, Provision expense
Normalized net operating income
+18.1 q-o-q
Net provision expense BoG standalone
GEL mln
160
140
1420
Related to the
armed conflict
35.0
120
in August 2008
103.9
29.6
100
30.0
у-о-у
80
25.0
80
C
Consolidated
20.0
60
60
Net provision
15.0
expenses of
GEL 13.1 mln
40
20
10.0
20
8.6
6.7
29.6
24.0
18.2
17.7
12.3
6.2
in Q2 2010,
(4.5)
5.0
0
GEL 7.4 mln in
Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010
Q1 2010 and
0.0
-20
GEL 40.7 mln in
Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010
-40
Q2 2010
Net provision expense BG Bank Standalone
improved by
67.9% y-o-y
GEL mln
30.0
Profit (loss) before provisions/NI
GEL mln
60.0
45.1
Bank of
40.0
33.7
25.0
Georgia
31.9
20.0
Standalone Net
20.0
18.2
provision
expenses
15.0
declined by
79.1% y-o-y
11.0
9.3
10.0
Net Income for
5.0
1H 2010 was
0.4
GEL 36.2 mln
(1.3)
0.5
0.0
ياتنا
0.0
Q1 2008 Q2 2008
Q3 2008
-20.0
8.7
(1.1)
5.1
12.9
-40.0
8.5
-60.0
(59.0)
-80.0
2.0
40.5
28.3
Q4 2008
Q1 2009
(4.3)
36.8
19.5
Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010
maupu
(76.1)
36.8
32.4
34.0
26.4
16.8
2.6
(1.6)
-100.0
(102.3)
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
-120.0
2008
(5.0)
2008 2008
2008
2009 2009 2009
2009
2010
2010
Profit Before Provisions
Net Income
LOLEJN
www.bog.ge/ir
BANK OF GEORGIA
September 2010
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