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Komercni Banka (KMCA)

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Thursday 07 May, 2009

Komercni Banka

1st Quarter Results

RNS Number : 7998R
Komercni Banka
07 May 2009
 



Komercni banka, a.s. http://www.kb.cz/en 
Prague 1, Na Prikope 33, building identification number 969, Post Code 114 07

Identification No.: 45 31 70 54

incorporated in the Commercial Register maintained with the Municipal Court in Prague,

section B, insert 1360

 

Pursuant to Prague Stock Exchange Rules part III subsection 8(7)(b) and Act 256/2004 (Czech) Coll. subsections 120(1)(e) and 120(4) Komercni banka, a.s. discloses financial results as at 31 March 2009:

Consolidated Balance Sheet of Komercni banka, a.s. according to International Financial Reporting Standards

(in CZK mil.)

Assets

31 March 2009

31 March 2008


(unaudited)

restated (unaudited)

Cash and currents balances with national banks

9 535

13 918

Amounts due from banks

143 506

202 250

Financial assets at fair value through profit or loss

36 358

36 216

Loans and advances to customers, net

365 449

318 882

Securities available for sale

100 739

81 402

Investments held to maturity

1 460

1 532

Goodwill

3 551

3 551

Other assets

24 955

21 350

Total assets

685 554

679 101


 

 

Liabilities

31 March 2009

31 March 2008


(unaudited)

(unaudited)

Amounts due to banks

13 502

18 321

Amounts due to customers

538 831

539 533

of which: Amounts due to customers of PF KB

26 281

23 938

Financial liabilities at fair value through profit or loss

21 138

10 273

Securities issued

22 900

27 946

Subordinated debt

6 002

6 004

Other liabilities

20 765

22 679

Total liabilities

623 138

624 756

Shareholders´ equity

 

 

Share capital

19 005

19 005

Share premium and reserves

42 260

34 253

Minority interest

1 151

1 087

Total shareholders´ equity

62 416

54 345

 

 

 

Total liabilities and shareholders´ equity

685 554

679 101





Consolidated Profit and Loss Statement of Komercni banka, a.s. according to 

International Financial Reporting Standards

(in CZK mil.)


1Q 2009

1Q 2008


(unaudited)

(unaudited)

Net interest income

5 420

5 074

Net fees & commissions

1 896

1 954

Income from financial operations

1 129

766

Other income

45

51

Net banking income

8 489

7 845

Personnel expenses

-1 606

-1 495

General administrative expenses

-1 459

-1 603

Depreciation, impairment and disposal of fixed assets

-348

-470

Total operating expenses

-3 413

-3 568

Gross operating income

5 077

4 276

  Provision for loan losses

-1 573

-443

  Provision for losses on securities

-1

0

  Provision for other risks expenses

-6

-16

Cost of risk

-1 580

-459

Net operating income

3 497

3 818

Net profit / (loss) from subsidiaries and associates

22

16

Share of profit of pension scheme beneficiaries

-75

-87

Profit/(loss) before income taxes

3 443

3 747

Income taxes

-624

-699

Profit/(loss) for the period before minority interest

2 819

3 048

Profit attributable to the Bank´s equity holders

2 799

3 021

Minority profit / (loss)

19

27

Net profit/(loss) per share (in CZK, annualized)

296,66

320,76


Presentation of 1Q 2009 results is available at the Web site of Komercni banka, a.s.: http://www.kb.cz/en/com/investor/financial_results.shtml 

 



This information is provided by RNS
The company news service from the London Stock Exchange
 
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