Investor Presentaiton
Consolidated
Net Normalized
Operating profit, Provision expense
Normalized net operating income, Consolidated
GEL mln
45
Net provision expense BoG standalone
GEL mln
160
+15.6% q-0-940.1
140
34.7
200
Operating
Income (NNOI)
40
38.7
37.3
36.6
36.3
37.1
increased 15.6%
34.3
35
34.3
q-o-q up 16.9%
30.8
29.6
30
у-о-у
25
120
103.9
100
60
80
Related to the
armed conflict
in August 2008
Consolidated
20
Net provision
60
40
expenses of
15
GEL 14.2 mln
10
20
8.6
6.7
29.6
24.0
18.2
17.7
12.3
6.5
9.9
in Q3 2010,
(4.5)
0
5
GEL 12.6 mln in
Q2 2010 and
-20
0
20
Q1 Q2 Q3 Q4 Q1 Q2 Q3
2008 2008 2008 2008 2009 2009 2009 2009
Q4 Q1 Q2
2010 2010
Q3
2010
GEL 30.0 mln in
Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010
-40
40
Q3 2009
improved by
52.6% y-o-y
GEL mln
Profit (loss) before provisions/Net Income/Loss,
Consolidated
Net operating cash flow
9m 2010
9m 2009
60
45.1
unaudited
40.5
36.8
36.2
38.5
Bank of
40
33.7
34.0
32.4
31.9
28.3
26.4
Georgia
20
Standalone Net
8.7
5.1
0
provision
(1.1)
(4.3)
LL
20.8
19.6
16.8
Interest paid
2.6
Cash flow from operating activities
Interest received
Fees and commissions received
303,443
(151,331)
283,745
(167,643)
54,013
49,489
Fees and commissions paid
(9,581)
(9,155)
expenses of Q3
Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010
Net realized gains from trading securities
2,564
2,169
-20
2010 declined
-40
by 44.3% y-o-y
Net realized gains from investments securities
Net realized gains from foreign currencies
Recoveries of loans to customers
277
24,892
19,282
15,354
8,213
-60
Insurance premiums received
33,623
31,600
(59.0)
Net Income for
Insurance claims paid
(21,162)
(21,492)
-80
(76.1)
Other operating income received
10,207
10,605
nine months
Salaries and other employee benefits paid
(70,812)
(69,405)
2010 was GEL
-100
General and administrative and operating expenses paid
(52,558)
(54,857)
(102.3)
57.2 mln
Net cash flow from operating activities
138,652
82,828
-120
Growth rate
67.4%
Profit/(Loss) Before Provisions.
Net Income
Loka
BANK OF GEORGIA
www.bog.ge/ir
November 2010
Page 36View entire presentation