Fiscal and Loan Portfolio Analysis
Revenue
2009 Net Interest Revenue
Income declined
GEL mln
by 5% and
400
interest expense
350
was largely flat
339.5
321.1
300
In Q4 2009 Total
250
118.7
121.9
219.5
operating
200
Income/Revenue
89.2
150
was GEL 79.5
112.0
220.8
mln (+0.2% q-0-
100-
63.4
199.2
45.3
130.2
q)
50
24.7
66.7
38.8
0
In 2009 Total
operating
2005
2006
2007
2008
2009
Net Interest Income
Net Non Interest Income
Income/Revenue
was GEL 321.1
Revenue, quarterly
mln (-5.4% y-o-y)
GEL mln
Georgia accounts
100
for 91.1% of total
86.1
85.9
86.6
90
81.1
81.7
80.6
consolidated
79.3
79.5
80
revenues, BG
27.1
70
30.3
30.2
Bank 6.3% and
29.3
31.3
31.1
30.4
31.1
BNB 2.6%
60
60
50
40
40
Lobko
30
58.9
55.8
56.4
52.4
49.8
49.5
48.9
48.4
20
20
10
0
Q1 2008
Q2 2008
Q3 2008
Q4 2008
Q1 2009
Q2 2009
Q3 2009
Q4 2009
BANK OF GEORGIA
www.bog.ge/ir
Net Interest Income Net Non-Interest Income
Page 26
Revenue by segments
Aldagi BCI
5.9%,
Other
6.4%,
GEL 18.9mln
(+194.6% y-o-y)
GEL 20.6 mln
(+5.0% y-o-y)
Belarus
2.6%
GEL 8.4 mln
(+74.2% y-o-y)
Ukraine
6.3%
GEL 20.1 mln
(-35.8% y-o-y)
BOG
Standalone
78.8%,
GEL 253.1 mln
(-8.8% y-o-y)
Composition of revenue Q4 2009
Net foreign
currency
related income
6.6%,
GEL 5.2 mln
Net fee and(-19.1% q-o-q)
commision
income 15.3%
GEL 12.2 mln
(+1.1% q-o-q)
Net income
from
documentary
operations
2.9%,
GEL 2.3 mln
(-0.7% q-o-q)
Net other non-
interest income
14.3%,
GEL 11.4 mln
(+19.0% q-o-q)
Net interest
income 60.9%,
GEL 48.4 mln
(-1.1% q-o-q)
March 2010
Page 26View entire presentation