Geo

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 INCOME31 December, 2022
GEL "000
Interest income113,250
Interest expense(35,860)
NET INTEREST INCOME77,390
Reversal/(Charge) of impairment losses on loans1,385
NET INTEREST INCOME AFTER PROVISION FOR LOAN IMPAIRMENT78,775
Fee and commission income13,204
Fee and commission expenses(11,527)
Net gain from trading in foreign currency24,257
Net foreign exchange translation gain(5,302)
Fair value change of derivatives(1,188)
Personnel expenses(17,177)
Other administrative expenses(29,994)
Other operating Income5,130
Other operating expense(3,734)
PROFIT BEFORE INCOME TAX52,444
Income tax expense(9,453)
PROFIT AND TOTAL COMPREHENSIVE INCOME FOR THE YEAR42,991