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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 PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 31 December, 2016
GEL "000
Interest income 104 532
Interest expense (36 215)
NET INTEREST INCOME 68 317
Provision for loan impairment (13 662)
NET INTEREST INCOME AFTER PROVISION FOR LOAN IMPAIRMENT 54 655
Fee and commission income 10 835
Fee and commission expenses (4 836)
Net gain from trading in foreign currency 5 570
Net foreign exchange translation gain 1 265
Personnel expenses (16 950)
Other administrative expenses (26 735)
Other operating Income 5 881
Other operating expense (1 637)
PROFIT BEFORE TAX 28 048 
Income tax expense28 (3 777)
PROFIT AND TOTAL COMPREHENSIVE INCOME FOR THE YEAR 24 271

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