HSBC Bank Armenia cjsc

Transcription

1 HSBC Bank Armenia cjsc for 2Q 2016

2 Income Statement Name 01/04/ /06/ /01/ /06/ /04/ /06/ /01/ /06/2015 Interest income 4,418,838 8,980,840 5,061,833 10,160,576 Interest expense (1,199,490) (2,469,904) (1,582,561) (3,591,939) Net interest income 3,219,348 6,510,936 3,479,272 6,568,637 Fee and commission income 939,539 1,895, ,142 1,661,858 Fee and commission expense (238,021) (357,643) (126,431) (307,962) Net fee and commission income 701,518 1,538, ,711 1,353,896 Dividend income Net income from trade operations 389, , ,880 1,126,616 Other operating income 28,096 50,792 47,684 79,696 Operating income 4,338,779 8,772,543 4,703,547 9,128,845 Impairment losses (1,652,604) (3,088,225) (46,279) (309,021) General administrative expenses (1,755,096) (3,469,786) (1,735,906) (3,446,720) Other operating expenses (338,874) (664,779) (342,530) (674,275) Net profit/(loss) from investments in controlled entities Profit/(loss) before taxes (see Note1) 592,205 1,549,753 2,578,832 4,698,829 Income tax expense (190,017) (397,526) (597,964) (1,043,369) Profit/(loss) after taxes 402,188 1,152,227 1,980,868 3,655,460 Net Profit (loss) for the period 402,188 1,152,227 1,980,868 3,655,460 Other comprehensive income Currency translation differences of the financial statements with a foreign operation Revaluation of availableforsale assets 327, , ,140 (869,016) Cash Flow hedges Revaluation of not current assets 0 0 Income tax on comprehensive income (65,547) (109,429) (25,628) 173,803 Other comprehensive income after tax 262, , ,512 (695,213) Total comprehensive income 664,376 1,589,943 2,083,380 2,960,247 Note1: Additional information on profit, including net profit from loans and advances to customers provided by HSBC Group and loan portfolio volumes Name as at as at Net profit from loans to customers provided by HSBC Bank plc, London as referred by the Bank 1,115, ,298 Profit/(loss) before taxes including net profit from loans to customers provided by HSBC Bank plc, London as referred by the Bank 2,665,274 5,548,127 Name as at as at Loans to customers provided by HSBC Bank plc, London as referred by HSBC Bank Armenia cjsc 73,042,171 73,940,144 Total loans including loans to customers provided by HSBC Bank plc, London as referred by the Bank 235,823, ,532,439 Total assets including loans to customers provided by HSBC Bank plc, London as referred by the Bank 311,899, ,345,921

3 Statement of Financial Position Name As at the end of the current period As at the end of prior Financial Year Assets 1.1 Cash and balances with the Central Bank of Armenia 35,630,284 53,550, Precious metals bullions 1.3 Placement with banks and other financial institutions 14,196,102 31,976, Financial assets held for trading 613, , Loans and advances to customers (See Note1 on Income Statement page ) 162,781, ,592, Financial assets availableforsale 20,023,949 13,636, Investments held to maturity 1.8 Investments in share capital of controlled entities 1.9 Not current assets held for disposal 1.10 Property, plant and equipment and other intangible assets 3,605,374 3,904, Deferred tax assets 1.12 Other assets 2,007,031 1,826,169 Total assets 238,856, ,405,777 2 Liabilities 2.1 Deposits and balances from banks and other financial institutions 30,947,340 48,249, Current accounts and deposits from customers 139,107, ,693, Securities issued by the Bank 2.4 Liability held for trading 14,672 25, Amounts payable 486, , Deferred tax liabilities 2,779,950 2,329, Provisions 2.8 Other liabilities 10,889,555 13,409,873 Total liabilities 184,226, ,369,425 3 Equity 3.1 Share capital 18,434,350 18,434, Share premium 3.3 Reserves: General reserve 1,958,838 1,958, Revaluation reserves 292,023 (145,693) 3.4 Retained earnings/(loss) 33,845,021 32,692, Other equity components 100,720 96,063 Total equity 54,630,952 53,036,352 Total equity and liabilities 238,856, ,405,777

4 Statement of Changes in Shareholders Equity Equity components Share capital Share capital General reserve Revaluation of availableforsale assets Revaluation of noncurrent assets Share based payments reserve Retained earnings/(loss) Total Captions Comparative interim period of prior financial year (Table I) 9. Balance at the beginning of the current period, as at 1 January ,434,350 1,958, ,167 92,466 26,276,581 46,960, Total impact of changes in accounting policy and material errors 10. Restated balance 18,434,350 1,958, ,167 92,466 26,276,581 46,960, Transactions with shareholders (owners) with respect to shares (shareholdings) Investments in share capital and increase of share capital Decrease in share capital as a result of purchased back shares 12. Comprehensive Income (695,213) 3,655,460 2,960, Dividends distributed 14. Other increase/(decrease) of equity components Increase or decrease in derivatives classified as equity components 15. Internal movements Allotment to general reserve Cover of loss from general reserve Cover of share discount Decrease in value of property, plant and equipment and other intangible assets caused by revaluation Internal movements of other equity components 5,513 5, Balance at the end of the current period, as at 30 June ,434,350 1,958,838 (497,046) 97,979 29,932,041 49,926,162 Interim period of current financial year (Table II) 9. Balance at the beginning of the current period, as at 1 January ,434,350 1,958,838 (379,465) 233,772 96,063 32,692,794 53,036, Total impact of changes in accounting policy and material errors 10. Restated balance 18,434,350 1,958,838 (379,465) 233,772 96,063 32,692,794 53,036, Transactions with shareholders (owners) with respect to shares (shareholdings) Investments in share capital and increase of share capital Decrease in share capital as a result of purchased back shares 12. Comprehensive Income 437,716 (0) 1,152,227 1,589, Dividends distributed 14. Other increase/(decrease) of equity components Increase or decrease in derivatives classified as equity components 15. Internal movements Allotment to general reserve Cover of loss from general reserve Cover of share discount Decrease in value of property, plant and equipment and other intangible assets caused by revaluation Internal movements of other equity components 4,657 4, Balance at the end of the current period, as at 30 June ,434,350 1,958,838 58, , ,720 33,845,021 54,630,952

5 Statement of Cash Flows 01/01/201630/06/16 01/01/201530/06/15 1. Cash flows from operating activities Net cash flows before changes in operating assets and liabilities 6,872,287 4,524,940 Interest receipts 10,451,690 9,095,906 Interest payments (2,668,605) (3,784,468) Fee and commission receipts 1,773,939 1,635,669 Fee and commission payments (531,058) (307,188) Net receipts/(payments) from financial assets held for trading (219,315) 637,180 Net receipts/(payments) from foreign exchange 764,631 1,047,486 Recovery of assets previously writtenoff 84,086 27,632 Salary paid and other related payments (2,131,204) (2,149,858) Other income and expenses from operating activities (651,877) (1,677,419) Cash flows from changes in operating assets and liabilities (20,058,811) 6,368,271 Decrease/(increase) of operating assets, including: (5,065,872) 21,185,810 Decrease/(increase) of loans and advances 959,086 10,509,751 Decrease/(increase) of securities held for trading and availableforsale (5,524,299) 10,663,269 Decrease/(increase) of finance lease receivables Decrease/(increase) of other operating assets (500,658) 12,789 Increase/(decrease) of operating liabilities, including: (14,992,939) (14,817,538) Increase/(decrease) of current accounts and deposits from customers (15,043,639) (13,941,630) Increase/(decrease) of other operating liabilities 50,700 (875,908) Net cash flows from operating activities before income tax paid (13,186,524) 10,893,211 Income tax paid (355,915) (1,226,213) Net cash flows from operating activities (13,542,439) 9,666, Cash flows from investing activities x Decrease/(increase) of investments heldto maturity Decrease/(increase) of investments in share capital of other entities Decrease/(increase) of deposits allocated in other banks Decrease/(increase) of capital investments in property, plant and equipment and intangible assets (8,844) (8,368) Purchase of property, plant and equipment and intangible assets (181,834) (214,543) Disposal of property, plant and equipment and intangible assets ,226 Net cash flows from other investing activities Net cash flows from investing activities (190,358) (212,685) 3. Cash flows from financing activities x Dividends paid Increase/(decrease) of borrowings received from the Central Bank of Armenia (8,035,142) Increase/(decrease) of borrowings received from banks (9,879,094) (8,083,966) Increase/(decrease) of other borrowings received (9,099,437) (515,944) Increase/(decrease) of securities issued by the Bank Investments of shareholders in share capital Increase/(decrease) of finance lease payables Net cash flows from other financing activities Net cash flows from financing activities (18,978,531) (16,635,052) Effect of changes in exchange rates on cash and cash equivalents 12,605 (420,258) Net increase/(decrease) of cash and cash equivalents (32,698,723) (7,600,997) Cash and cash equivalents at the beginning of the period 72,356,376 71,926,650 Cash and cash equivalents at the end of the period 39,657,653 64,325,653