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Komercni Banka (0IKH)

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Wednesday 06 May, 2020

Komercni Banka

1st Quarter Results

RNS Number : 0386M
Komercni Banka
06 May 2020
 

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

 Disclosed on 6th May 2020 at 7:00 a.m. CET

Komercni banka, a.s. discloses obligatory published information - financial results as of 31st March 2020:

 

Consolidated Profit and Loss Statement of Komerční banka, a.s. - IFRS

Note: As from 1 January 2019, KB reclassified charges for reservation of funds (commitment fees) from 'Net fee and commission income' to 'Net interest income'. The data for the comparative period have been restated and year-on-year commentaries are made in comparison with the restated base.

 

CZK million

 

1Q 2020

1Q 2019

 

 

Pro-forma

 

(unaudited)
(neauditováno)

(unaudited)
(neauditováno)

 

 

 

Interest and similar income

11 598

10 363

Interest and similar expense

-5 753

-4 471

Net interest income and similar income

5 845

5 892

Net fee & commission income

1 353

1 428

Net profit of financial operations

589

571

Dividend income

1

1

Other income

54

64

Net banking income

7 841

7 956

Personnel expenses

-1 940

-1 905

General admin. expenses (excl. regulatory funds)

-892

-841

Resolution and similar funds

-942

-846

Depreciation, amortisation and impairment of operating assets

-631

-596

Total operating expenses

-4 406

-4 188

Gross operating income

3 435

3 768

Cost of risk

-154

176

Net operating income

3 281

3 944

Income from share of associated companies

78

62

Profit/(loss) attributable to exclusion of companies from consolidation

0

0

Net profits on other assets and impairment on goodwill

15

0

Profit before income taxes

3 374

4 007

Income taxes

-646

-757

Net profit

2 728

3 249

Profit attributable to the Non-controlling owners

70

73

Profit attributable to the Group's equity holders

2 658

3 176

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

56,30

67,27

 

Consolidated Balance Sheet of Komerční banka, a.s. - IFRS

CZK million

 

31 Mar 2020

31 Dec 2019

 

 

 

Assets

(unaudited)
(neauditováno)

(unaudited)
(neauditováno)

Cash and currents balances with national banks

29 445

17 744

Financial assets at fair value through profit or loss

41 315

23 398

Financial assets at fair value through profit or loss - non SPPI

0

0

Positive fair value of hedging financial derivatives

20 356

9 996

Financial assets at fair value through other comprehensive income (FV OCI)

37 494

36 204

Loans and advances to banks

342 931

244 561

Loans and advances to customers, net

661 387

647 258

o/w Reverse repo transactions

2 813

2 604

Debt securities

79 239

71 581

o/w Corporate debt securities

3 190

3 160

Financial assets at amortised cost

1 083 558

963 401

Tax assets

217

100

Investments in (subsidiaries) and associates

1 337

1 255

Intangible assets

6 168

6 018

Tangible assets

10 385

10 528

o/w Right of used Tangible assets

2 997

 

Goodwill

3 752

3 752

Other assets

6 080

4 938

Total assets

1 240 106

1 077 334

 

 

 

Liabilities and shareholders´ equity

30 Sep 2019

31 Dec 2019

Amounts due to central banks

0

1

Financial liabilities at fair value through profit or loss

35 325

23 725

Negative fair value of hedging financial derivatives

10 918

10 283

Amounts due to banks

117 905

93 581

Amounts due to customers

923 663

821 506

o/w Repo transactions with customers

28 783

5 206

Securities issued

4 156

3 621

Lease Liability

3 031

3 016

Financial liabilities at amoritsed cost

1 048 756

921 725

Tax liabilities

919

1 203

Subordinated debt

2 738

2 546

Other liabilities

31 221

9 216

Total liabilities

1 129 877

968 699

Equity

 

 

Share capital

19 005

19 005

Share premium, capital and reserve funds, remeasurements and undistributed earnings

88 050

86 535

Non-controlling interest

3 175

3 095

Total equity

110 229

108 635

Total liabilities and shareholders´ equity

1 240 106

1 077 334

 

 

  http://www.rns-pdf.londonstockexchange.com/rns/0386M_1-2020-5-5.pdf


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