Investor Presentaiton
GROUP INCOME STATEMENT
82
Change
Change
Change
GEL thousands, unless otherwise noted
3Q21
3Q20
2Q21
9M21
9M20
y-o-y
9-0-9
y-o-y
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
466,265
(222,976)
243,289
105,992
407,666
(203,636)
14.4%
446,636
4.4%
1,341,482
1,175,029
14.2%
204,030
9.5% (218,387)
19.2% 228,249
2.1%
(657,613)
(598,982)
9.8%
6.6%
683,869
576,047
18.7%
71,793
47.6%
94,727
11.9%
277,165
197,076
40.6%
(43,516)
(26,261)
65.7%
(37,521)
16.0%
(108,833)
(78,531)
38.6%
62,476
45,532
37.2%
57,206
9.2%
168,332
118,545
42.0%
33,346
19,179
73.9%
22,082
51.0%
74,604
72,583
2.8%
8,706
7,750
12.3%
27,438
-68.3%
59,627
23,457
154.2%
347,817
276,491
25.8%
334,975
3.8%
986,432
790,632
24.8%
(71,551)
(58,171)
23.0%
(68,812)
4.0%
(200,586)
(175,365)
14.4%
(32,342)
(24,443)
32.3%
(30,068)
7.6%
(85,973)
(73,914)
16.3%
(23,448)
(19,125)
22.6%
(22,354)
4.9%
(68,363)
(61,654)
10.9%
(661)
(128,002)
Profit (Loss) from associates
223
Operating income before cost of risk
220,038
(873)
(102,612)
214
174,093
-24.3%
(584)
13.2%
(2,257)
(2,845)
-20.7%
24.7%
4.2%
26.4%
(121,818)
5.1%
(357,179)
(313,778)
13.8%
(4,299)
NMF
(3,909)
628
NMF
208,858
5.4%
625,344
477,482
31.0%
Expected credit loss on loans to customers
(8,192)
(5,836)
40.4%
25,140
NMF
(11,288)
(222,404)
-94.9%
Expected credit loss on finance lease receivables
70
(2,371)
Other expected credit loss and impairment charge on other assets and provisions
(5,462)
(2,735)
Cost of risk
(13,584)
(10,942)
Net operating income before non-recurring items
206,454
Net non-recurring items
(479)
163,151
254
Profit before income tax expense
205,975
Income tax expense
Profit
(20,671)
185,304
163,405
(15,051)
148,354
NMF
99.7%
24.1%
26.5%
NMF
(67)
26.1% 222,824
37.3% (20,654)
24.9% 202,170
(683)
NMF
(1,543)
(7,644)
-79.8%
(10,424)
14,033
222,891
-47.6%
(30,838)
(32,518)
-5.2%
NMF
-7.4%
(43,669)
581,675
(262,566)
-83.4%
214,916
NMF
NMF
(528)
(41,332)
-98.7%
-7.6%
581,147
173,584
NMF
0.1%
(54,749)
(10,491)
NMF
-8.3%
526,398
163,093
NMF
Profit attributable to:
- shareholders of the Group
- non-controlling interests
Earnings per share (basic)
Earnings per share (diluted)
184,462
842
147,704
650
24.9%
29.5%
201,239
-8.3%
523,915
162,363
NMF
931
-9.6%
2,483
730
NMF
3.90
3.11
25.4%
4.21
-7.4%
10.98
3.41
NMF
3.80
3.11
22.2%
4.19
-9.3%
10.79
3.41
NMFView entire presentation