Investor Presentaiton
Group income statement
Change
Change
GEL thousands, unless otherwise stated
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
1Q22
1Q21
4Q21
y-o-y
9-0-9
521,294
(249,844)
428,580
21.6%
509,563
2.3%
(216,248)
15.5%
(239,492)
4.3%
271,450
212,332
27.8%
270,071
0.5%
106,673
76,446
39.5%
113,664
-6.2%
(47,841)
(27,796)
72.1%
(49,564)
-3.5%
58,832
48,650
20.9%
64,100
-8.2%
64,484
19,176
236.3%
34,495
86.9%
983
23,482
-95.8%
10,579
-90.7%
395,749
303,640
30.3%
379,245
4.4%
(78,329)
(60,223)
30.1%
(80,501)
-2.7%
(33,702)
(23,563)
43.0%
(43,552)
-22.6%
(24,627)
(22,561)
9.2%
(25,256)
-2.5%
(1,697)
(1,012)
67.7%
(1,463)
16.0%
(138,355)
(107,359)
28.9%
(150,772)
-8.2%
Profit/(loss) from associates
126
167
-24.6%
128
-1.6%
Operating income before cost of risk
257,520
196,448
31.1%
228,601
12.7%
Expected credit loss on loans to customers
(29,856)
(28,236)
5.7%
9,836
NMF
Expected credit loss on finance lease receivables
(1,284)
(931)
37.9%
(3,406)
-62.3%
Other expected credit loss and impairment charge on other assets and provisions
38,707
(14,950)
NMF
(14,174)
NMF
Cost of risk
7,567
(44,117)
NMF
(7,744)
NMF
Net operating income before non-recurring items
265,087
152,331
Net non-recurring items
48
17
Profit before income tax expense
Income tax expense
Profit
265,135
(24,563)
152,348
(13,424)
74.0%
182.4%
74.0%
83.0%
220,857
20.0%
(62)
NMF
220,795
20.1%
(20,076)
22.4%
240,572
138,924
73.2%
200,719
19.9%
Profit attributable to:
- shareholders of the Group
- non-controlling interests
Earnings per share (basic)
Earnings per share (diluted)
239,715
138,214
857
710
73.4%
20.7%
199,889
19.9%
830
3.3%
5.06
2.87
76.3%
4.25
19.1%
5.00
2.87
74.2%
4.12
21.4%
63View entire presentation