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Home > About Us > Financial Highlights > Profit and Loss

Consolidated Statement of Comprehensive Income (Audited)

These statements have been prepared based on the Consolidated Financial Statements in accordance with IFRS, and is an integral part of it.

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 31 December, 2015
GEL "000
Interest income 108 562
Interest expense (36 287)
NET INTEREST INCOME 72 275
Provision for loan impairment (10 718)
NET INTEREST INCOME AFTER PROVISION FOR LOAN IMPAIRMENT 61 557
Fee and commission income 11 749
Fee and commission expenses (3 617)
Gains less losses from trading in foreign currency 3 954
Foreign exchange translation (losses, net of gains)/gains, net of losses 3 698
Personnel expenses (19 916)
Other administrative expenses (25 697)
Other operating Income 3 208
Other operating expense (944)
PROFIT BEFORE TAX 33 992
Income tax expense (4 951)
PROFIT AND OTHER COMPREHENSIVE INCOME FOR THE YEAR 29 041

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