KASIKORNBANK Strategic Acquisition slide image

KASIKORNBANK Strategic Acquisition

K KASIKORNTHAI Consolidated Financial Statements ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK 2020 2021 1Q21 2Q21 3Q21 4Q21 1Q22 Interest income Interest expenses Interest income - net Fee and service income Fee and service expenses 127,592 135,415 31,972 33,605 34,828 35,010 35,924 18,570 16,024 3,840 3,888 4,087 4,210 4,174 109,022 119,390 28,133 29,717 30,741 30,800 31,751 45,699 48,628 12,615 11,839 11,949 12,224 12,367 12,695 13,312 3,184 3,264 3,389 3,474 3,535 Fee and service income - net 33,004 35,316 9,431 8,575 8,560 8,749 8,832 Gain (Loss) on financial instrument measured at FVTPL. 8,119 5,539 1,812 1,202 (184) 2,709 686 Gain (Loss) on trading and foreign exchange transactions Gain (Loss) on investments Net premium earned Other operating income Total operating income Underwriting expenses 1,308 817 116 330 286 85 (17) 72,129 69,360 16,686 17,264 17,255 18,156 15,718 1,682 1,289 348 326 214 401 427 227,456 234,328 57,212 58,206 57,655 61,254 58,218 72,565 70,979 17,184 17,351 17,712 18,731 17,605 Total operating income - net 154,891 163,349 40,028 40,855 39,943 42,523 40,613 Total other operating expenses 69,997 71,044 16,531 17,069 16,965 20,478 17,390 Earning Before Provision and Tax 84,895 92,305 23,496 23,786 22,978 22,045 23,223 Expected Credit Loss 43,548 40,332 8,650 10,807 11,296 9,580 9,336 Impairment loss of loans and debt securities Operating profit before income tax expenses 41,347 51,973 14,846 12,979 11,682 12,466 13,887 Income tax expenses 7,656 9,729 3,035 2,548 2,026 2,120 2,700 Net profit attributable: Equity holders of the Bank 29,487 38,053 10,627 8,894 8,631 9,901 11,211 Non-controlling interest 4,203 4,192 1,184 1,537 1,025 445 (24) Statements of Financial Position (Bt mn) 2020* 2021 Loans to customers (less deferred revenue) Total Assets Deposits 2,344,998 Total Liabilities Total Equity attributable to equity holders of the Bank 3,167,512 439,670 1Q21 2,244,821 2,421,813 2,302,352 3,658,798 4,103,399 3,767,115 2,598,630 2,400,615 3,566,724 3,260,149 476,714 452,029 2Q21 3Q21 1Q22 2,383,320 2,444,018 2,421,813 2,458,263 3,886,863 4,029,831 4,103,399 4,133,248 2,480,781 2,531,290 2,598,630 2,634,409 4Q21 3,373,323 456,829 3,507,795 464,367 3,585,865 Note: 3,566,724 476,714 488,192 - KBank acquired additional ordinary shares in MTGH, to hold a 51% stake valued at Bt7,529mn; the MTGH Acquisition was completed on November 30, 2009. As the MTGH acquisition was completed on November 30, 2009, the Bank's consolidated financial statements from 2010 include the performance of companies in the MTGH Group for the whole year. * The Bank restated the 1Q20 financial statements from the reclassification of investment in fund/ REIT to investments in FVOCI to comply with the Federation of Accounting Professions' announcement on 25 June 2020 and reclassification some items which did not impact to total assets, total liabilities and total equity. บริการทุกระดับประทับใจ 81 K KASIKORNTHAI ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Earnings Before Provision and Tax (EBPT) and Net Profit March 2022 (Consolidated) EBPT (Bt bn) 100 87.14 87.76 92.31 84.90 80 60 40 20 0 2018 2019 2020 2021 Net Profit (Bt bn) 60 38.46 38.73 38.05 40 29.49 23.22 20 11.21 0 1Q22 2018 2019 2020 2021 1Q22 1Q22 EBPT dropped 1.16% YoY, from a drop in non-interest income and an increase in operating expenses, while net interest income increased. 1Q22 net profit increased 5.50% YoY, mainly from higher net interest income, while non-interest income decreased, operating expenses increased, with higher expected credit loss from prudent policy. EBPT (Bt bn) EBPT Growth (% YoY) 2018 2019 87.14 87.76 84.90 (3.70%) 0.72% (3.27%) 2020 2021 1Q21 92.31 8.73% 23.50 14.22% 1Q22 23.22 (1.16%) 4Q21 22.05 18.28% 1Q22 23.22 (1.16%) Net Profit (Bt bn) Net Profit Growth (% YoY) 38.46 12.00% 38.73 0.70% 29.49 (23.86%) 5.50% Note: The Bank restated the 1Q20 financial statements from the reclassification of investment in fund/ REIT to investments in FVOCI to comply with the Federation of Accounting Professions' announcement on 25 June 2020 and reclassification some items which did not impact to total assets, total liabilities and total equity. 38.05 29.05% 10.63 44.10% 11.21 5.50% 9.90 11.21 (25.32%) L บริการทุกระดับประทับใจ 82 62
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