C NTRAL COOP ERA TlVE BANK AD SEPARATE STA EMENT OF FI NANCIAL POSITION AS OF 30]UN 2012 All amounts are in thousand Bulgarian Levs ASSET Cash and balance with the Central Bank Placements with and advances to banks Receivables under repurchase agreements Financial assets held for trading Loans and advances to customers, net Other assets Financial assets available for sale Financia l assets he ld to maturity Investm nts in 'ubsidiari s Property, plant, an d equipment Non-current ass ts held for sale TOTAL ASSETS LlABILlTLES AND SHAREHOLDERS' EQU IT Y LIABILlTlE Deposits from banks Loans from banks Liabilities under repurchase agreements Amounts owed to other depositors Other attracted funds Other liabilities TOTAL LIABILITIES SH REHOLDERS' EQUI Y Issued capital Premium reserve Reserves, including retained eamings Revaluation reserve Current year profit TOTAL SHAREHOLDERS' EQUITY TOTAL LI ABILITIES & SHAREHOLDERS' EQUITY 30.06.2012 829,307 11 1,618 54,3 84 67,796 1.51 0,714 86,965 212,4 80 123,900 59,408 58,440 2,038 3,11 7,050 40,797 42,894 15,5 15 2,671,276 865 6,818 2,778, 165 I J3, 154 79,444 143,257 (2,662) 5,692 338,88 5 3, 117,050 3 1.12.20 j I 459,993 420,221 32,444 71.777 1.423, 186 75, 116 26 1,0 88 14 8,246 49,41 6 59,899 J,826 3,003,2 12 20,8-5 42,018 19,882 2,576,83 0 762 10,084 2,670,431 113, 154 79,444 130,633 (3,074) 12,624 33 2,78 1 3,003,212 135,568 [57,728 Y ordan Hri tov
CENTRAL COOPERATIVE BANK AD SEPARATE STATEMENT OF COMPREHENSIVE INCOME AS OF 30 JUNE 20 12 All amount are in thousand Bulgarian Levs 3006 20 12 30.06.20 11 Interest income 81,028 76,3 03 Interest ex pen es {58,785} ~46, 5 7 3 ) Net interest income 22,243 29.73 0 Fees and commissions 'ncome 13,768 14,91 5 Fees and commissions expenses (2,073 ) (1,954) Net fee s and commissions income 11.6Y 5 12.961 Gains from transactions with securit ies, net Foreign exchange rate gai ns, net Other operating income, net Operating expenses Im pairment and uncollectabllity income (e pense ), net 576 3,347 4,359 438 1, 120 1,33 7 (38,61 2) (41,209) 4,943 3,473 Profit for the peri od before taxes 6,324 10,077 Taxes (63 2) ( 1.008) PROFIT FOR THE PERIOD 5.692 9,069 Earnings per share (in BGN) 0.05 0. 11 Other comprehensi ve income after taxes 412 (3 0) Revaluation of fi nancia l assets held for sale 412 (30) TOT AL COMPREHENSIVE INCOME AFTER TAXES 6,1 04 9,039 Ivaylo Donchev E.'ecutive Director Yordan Hristov
CENTRAL COOPERATIVE BANK AD SEPARAT STATEMENT OF CASH FLOWS AS AT 30 JUNE 2012 All amounts are in thousand B ulgarian Levs C 'h fl ow fro m operating activit ies: Profit before taxes Depreciation and amortization Income lax paid nrealized 10 ses/(gains) from revaluation of financial ass IS held for tradi ng Increase (decrease) ofproyisions fo r liabilities and loans impairment allowances Net cash flow:; before lvorking capital changes Change in operating assets: (In cr e a~e ) / decrease in placements '-" ith, and advances to. banks with maluri ti s above 90 days (Increase) / decrease in receivables un der repurchase agreements (Increase) / d ec r ea~ e in fina ncial assets held for trad ing (In ere, se) Id crease in loans and advances to customers (I ncrease) Idecrease in other ass ts (Increase) I decrease in non-current assets held for sale Change in operating liabilities: In rease I (decrease) In deposit from ank_ Increas I (decrease) in loans from banks Increase / (decrease) in liabilities under repurchase agreements Increase / (decrease) in liabilities to other depositors In cr eas~ / (decrease) in other attracted fund s Increase / (dee['ease) in other liabil ities NET CASH FLOWS FROM OPERA [NG ACT1VITIE, Cash flow s from investing activities (AcquiSItions) of property, plant, and equipment, net (Acquisitions) of investments in su bsidiaries (Acquisitions) of financial assets available for sale, net (Acquisitions) of financial assets held to maturity, net NET CASH FLOW ' USED IN IN VESTI G ACTIVr iles I CREASE IN CAS H AND ASII EQUIVALENTS, NET CASH A D CA'II EQ [VALENT AT THE BEG I I G OF Y,AR CASH AND CASH EQUIV AL - TS AT TH END OF YEAR A s at 30.06.2012 30.06.20 I I 6,324 10,077 3.959 I ~'5 (642) ( ') 22) (2,202) (:.(,37) (4.943 ) (3 I J) 2,496 7.5 60 40 12,90g (21,940) 11.'1 78 6. 183 (1,03 I ) (825 85) ( 46.739) ( 11,83 9) (! 9,li8 1) (21 2) (599) (110,353) (4 3, 86 n J9,942 \.594 876 (4,367) 1,906 94,446 282,225 103 ( 197, (3,266) 4.018 107.73 4 2R <). 5~h ([ 23) 253,24 (2,500) (1,686) (9,992) 49,020 (48,450) 24.346 7,3 2 60,874 (42f> O'I) 60,751 210,438 877. 132 552.5% 93 7,883 763.034 Ivaylo Donchev Executiv Director ( ---
CENTRAL COOPERATIVE BANK AD SEPARA TE STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY A OF 30 JUNE 201 2 All amounts are in thousand B ulgarian Levs Issued paid Pr mium R 'serves, Revaluation Profit for Total in capital reserve Including res rv~ the year retained cam ings BALANCE AS OF 3 I DECEMBER 2010 8, 155 64.445 108.247 (4.259) 22.386 273,974 Transfer of net protit fo r the year ended 3 1 December 20 IO. to retained earnings et profit for the p~r i od ended 30 June 201 1 Other comprehensive income fo r the period ended 30 June 20 I J 22,386 (3 0} (22,386 ) 9.069 9,069 B LANCE AS F 30 JUNE 201 1 83,155 64,445 130,63 3 (4,289} 9,069 283,013 BALANCE AS OF 31 DECEMBER 2011 11 3. 154 79,444 130.633 (3.074) 12,624 332,781 Transfer of net profit for the year ended 31 December 20 11, to retained earnings 12,624 ( 12,624) Net profit for the pcnod ended 30 June 20 12 5,692 5,692 Other comprehenslve Income fo r the period ended 30 lun 2012 412 412 (30) BALANCe AS OF 30 H ~ 2012 113, 154 79.444 143.257 (2,662) 5,692 338.88 - IvayJo Donchev Executive Director til Y ordan Hristov / I L