Empowering Nations Through Innovation and Sustainability
Equity
Liabilities
Assets
Key Financial Metrics
Statement of Profit or Loss (US$ mn)
Net interest income
Net Fee income¹
Net gains/(losses) on financial instruments at FVTPL
Staff costs and other operating expenses²
4.0
Jan 1, 2021-Jun 30, 2021
72.0
Jan 1, 2020-Dec 31, 2020
181.0
Jan 1, 2019-Dec 31, 2019
197.7
Jan 1, 2018-Dec 31, 2018
109.8
5.0
1.6
0.4
(16.0)
(191.0)
21.9
7.8
(37.0)
(64.0)
(51.3)
(37.2)
Impairment losses³
9.0
(38.0)
(2.1)
(3.8)
Foreign exchange gains/(losses)
8.0
208.0
(17.4)
(5.0)
Operating profit
40.0
101.0
150.5
72.0
Unwinding of interest on paid-in capital receivables
12.0
49.0
72.4
93.8
Total comprehensive income
51.0
151.0
222.9
Statement of Financial Position (US$ Mn)
As at Jun 30, 2021
As at Dec 31, 2020
Cash and cash equivalents
Due from banks other than cash and cash equivalents
5,223.0
2,193.0
3,923.0
6,762.0
Derivative financial assets
36.0
27.0
1,023.5
5,494.8
5.4
Financial assets held under resale agreements
77.0
66.0
Financial assets at FVTPL
510.0
400.0
Debt instruments at FVTOCI
155.0
131.0
Debt instruments measured at amortised cost
1,478.0
763.0
33.8
Loans and advances
10,112.0
6,612.0
Paid-in capital receivables
Other assets4
1,208.0
1,885.0
1,544.9
3,713.5
628.1
4,846.8
5.0
5.0
4.6
3.3
Total assets
Derivative financial liabilities
22,727.0
18,844.0
11,820.6
10,402.4
75.0
98.0
12.2
6.4
Financial liabilities designated at FVTPL
7,848.0
5,556.0
882.8
443.8
Borrowings
Note payables
Other liabilities5
Total liabilities
Paid-in capital
Reserves
Retained earnings
110.1
4,361.0
2,815.0
623.3
53.0
42.0
21.0
7.4
12,337.0
8,511.0
1,649.2
457.6
10,000.0
10,000.0
10,000.0
(9.0)
(26.0)
(86.5)
10,000.0
(162.4)
399.0
359.0
257.8
Total equity
Total equity and liabilities
10,390.0
22,727.0
10,333.0
10,171.3
18,844.0
11,820.6
107.3
9,944.9
10,402.4
As at Dec 31, 2019
165.9
As at Dec 31, 2018
123.0
4,800.6
0.7
Strong NII driven by capital
contributions received from
the members
In keeping to NDB's
operating principles as a
lean organisation,
administrative expenses are
expected to be kept low
Credit exposures arising
from investments due from
banks are rated at senior
investment grade
Credit exposures arising
from financial assets at
FVTPL are rated AAA
Financial liabilities relate to
NDB bonds
Note payables relate to
NDB ECPs
Total capital contributions
received and paid-in
capital receivables due
Difference between the
present value and the
nominal value of
outstanding paid-in capital
Source: NDB Audited IFRS Financial Statements: https://www.ndb.int/data-and-documents/financial-statements/financial-
statements-ndb/
Note: Figures may not tally due to rounding differences
Net fee income, including other operating income
2 Staff costs and other operating expenses, including other income and other expense
3 Impairment losses under expected credit loss model, net of reversal
4 Other assets, including property and equipment, intangible assets and right-of-use assets
5 Other liabilities, including contract liabilities and lease liabilities
O 2021 New Development Bank
36
New
Development
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