Consolidated profit and loss account
For the year ended 31 December 2019
(before profit appropriation) | Notes |
|
|
Income | |||
Interest income from financial instruments measured at AC | 322,735 | 298,099 | |
Interest income from financial instruments measured at FVPL1 | 53,524 | 37,996 | |
Interest expenses from financial instruments measured at AC | -136,758 | -102,464 | |
Interest expenses from financial instruments measured at FVPL | -24,283 | -23,742 | |
Net interest income | (20) | 215,218 | 209,889 |
Fee and commission income | 7,212 | 6,636 | |
Fee and commission expense | -11,226 | -10,757 | |
Net fee and commission income | (21) | -4,014 | -4,121 |
Dividend income | (22) | 29,645 | 28,287 |
Results from equity investments | (23) | 73,277 | 40,841 |
Results from financial transactions | (24) | -20,000 | -22,239 |
Remuneration for services rendered | (25) | 30,061 | 29,094 |
Gains and losses due to derecognition | (26) | 3,916 | 14,980 |
Other operating income | (27) | 1,695 | 589 |
Total other income | 118,594 | 91,552 | |
Total income | 329,798 | 297,320 | |
Operating expenses | |||
Staff costs | (28) | -90,250 | -79,291 |
Administrative expenses | (29) | -32,195 | -23,628 |
Depreciation and impairment of PP&E + intangible assets | (11), (12) | -7,809 | -3,769 |
Other operating expenses | -165 | -67 | |
Total operating expenses | -130,419 | -106,755 | |
Impairments on | |||
Interest-bearing securities | (4) | -5 | -18 |
Loans | (6),(7) | -91,038 | -27,553 |
Loan commitments | (31) | -1,849 | 4,265 |
Guarantees issued | (31) | 964 | 308 |
Total impairments | -91,928 | -22,998 | |
Results on associates | |||
Share in the result of associates | (9) | 11,077 | -1,696 |
Total result on associates | 11,077 | -1,696 | |
Profit before taxation | 118,528 | 165,871 | |
Income tax | (30) | 1,884 | -14,738 |
Net profit | 120,412 | 151,133 | |
Net profit attributable to | |||
Owners of the parent company | 120,363 | 150,821 | |
Non controlling interest | 49 | 312 | |
Net profit | 120,412 | 151,133 |
- 1 Amount is related to interest from those derivative financial instruments that are associated with the 'loans to the private sector' and is therefore considered as 'interest income'.