FY 2016 IFRS Consolidated Audited figures
In GEL thousands
Please note that the results before 30 September 2016 are for JSC TBC BANK
Audited IFRS consolidated figures. Period end and average USD/GEL exchange rates used for Balance sheet and P&L figures respectively.
|Net interest income||490,453207,230||412,173181,560||338,648191,775||282,650169,928||238,650144,527||209,081123,974||162,81491,348||162,24297,149|
|Net fee and commission income||90,26838,141||72,29131,844||58,68233,231||50,06030,096||45,40227,495||32,41819,222||19,05410,690||17,99410,775|
|Other operating non-interest income||100,34142,397||92,52840,758||61,00434,546||48,74229,303||42,73325,879||27,03816,032||30,64517,194||34,64920,747|
|Operating income after provisions for impairment||627,667265,206||501,002220,688||409,229231,745||338,546203,532||297,841180,373||252,548149,748||175,89698,688||122,37473,276|
|Profit before tax||315,679133,383||247,872109,186||182,919103,587||139,93384,127||112,30968,014||107,09063,499||56,21231,538||3,9562,369|
|Profit for the period||298,258126,022||218,69796,335||158,45189,730||124,27074,711||97,81159,234||91,62554,329||49,43527,736||2,9601,772|
|Cost to income 3||45.8%||43.9%||49.4%||52.1%||56.8%||54.2%||56.3%||57.9%|
|Tier I Capital Adequacy Ratio (Pillar 1) 5||10.4%||12.8%||12.4%||10.7%||10.5%||0.0%||0.0%||0.0%|
|Total Capital Adequacy Ratio (Pillar 1) 6||14.2%||16.0%||15.0%||14.4%||13.6%||0.0%||0.0%||0.0%|
1 Return on average total equity (ROAE) equals annualised net income attributable to owners divided by monthly average of total shareholders’ equity attributable to the Bank’s equity holders for the same period; Q1 2009 - Q4 2010 ratios are calculated based on YE balances due to the abscence of monthly or quarterly IFRS reporting for that period; Q1 2011 - Q4 2012 ratios are calculated based on quarterly average balances due to the abscence of monthly IFRS reporting in that period;
2 Return on average total assets (ROAA) equals net income of the period divided by monthly average total assets for the same period; Q1 2009 - Q4 2010 ratios are calculated based on YE balances due to the abscence of monthly or quarterly IFRS reporting for that period; Q1 2011 - Q4 2012 ratios are calculated based on quarterly average balances due to the abscence of monthly IFRS reporting in that period; Q1 2013 - onwards ratios are calculated based on monthly average balances;
3 Cost to Income ratio equals total operating expenses for the period divided by the total revenue for the same period. (Revenue represents the sum of net interest income, net fee and commission income and other non-interest income);
4 Non-performing loans (NPL) ratio is calculated as loans for which principal or interest repayment is overdue for more than 90 days divided by the gross loan portfolio for the same period;
5 NBG Basel II Tier 1 CAR equals Tier I Capital divided by total risk weighted assets, both calculated in accordance with the NBG Basel II requirements. After adoption of NBG Basel II/III requirements, the Bank also calculates its capital requirements and risk weighted assets separately for Pillar 1. Detailed instructions of Pillar 1 calculations are given by NBG. The reporting started from the end of 2012.
6 NBG Basel II Total CAR equals total capital divided by total risk weighted assets, both calculated in accordance with the NBG Basel II requirements. After adoption of NBG Basel II/III requirements, the Bank also calculates its capital requirements and risk weighted assets separately for Pillar 1. Detailed instructions of Pillar 1 calculations are given by NBG. The reporting started from the end of 2012.
Last updated on 24 February 2017.