Consolidated profit and loss account
For the year ended 31 December 2020
Notes |
|
| |
Income | |||
Interest income from financial instruments measured at AC | 321,862 | 322,735 | |
Interest income from financial instruments measured at FVPL1 | 1,771 | 53,524 | |
Interest expenses from financial instruments measured at AC | -120,828 | -136,573 | |
Interest expenses from financial instruments measured at FVPL | 38,351 | -24,283 | |
Interest expenses on leases | -168 | -185 | |
Net interest income | (20) | 240,988 | 215,218 |
Dividend income | (21) | 32,908 | 29,645 |
Results from equity investments | (22) | -210,844 | 73,277 |
Total results from equity investments | -177,936 | 102,922 | |
Fee and commission income | 7,393 | 7,212 | |
Fee and commission expense | -3,794 | -11,226 | |
Net fee and commission income | (23) | 3,599 | -4,014 |
Results from financial transactions | (24) | -10,808 | -20,000 |
Remuneration for services rendered | (25) | 29,936 | 30,061 |
Gains and losses due to derecognition | (26) | 2,000 | 3,916 |
Other operating income | (27) | 293 | 1,695 |
Total other income | 21,421 | 15,672 | |
Total income | 88,072 | 329,798 | |
Operating expenses | |||
Staff costs | (28) | -101,193 | -90,250 |
Administrative expenses | (29) | -30,038 | -32,195 |
Depreciation and impairment of PP&E + intangible assets | (11), (12) | -12,665 | -7,809 |
Other operating expenses | -254 | -165 | |
Total operating expenses | -144,150 | -130,419 | |
Impairments on | |||
Interest-bearing securities | (5) | -36 | -5 |
Loans | (7),(8) | -76,406 | -91,038 |
Loan commitments | (31) | 877 | -1,849 |
Guarantees issued | (31) | -2,817 | 964 |
Total impairments | -78,382 | -91,928 | |
Results on associates | |||
Share in the result of associates | -66,416 | 11,077 | |
Total result on associates | -66,416 | 11,077 | |
Profit/(loss) before taxation | -200,876 | 118,528 | |
Income tax | (30) | -4,391 | 1,884 |
Net profit/(loss) | -205,267 | 120,412 | |
Net profit/(loss) attributable to | |||
Owners of the parent company | -205,232 | 120,363 | |
Non controlling interest | -35 | 49 | |
Net profit/(loss) | -205,267 | 120,412 |
- 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'.