REG - Komercni Banka - 1st Quarter Results

Komercni Banka asAnnouncement

06/05/2020 07:01

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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