2023 year IV quarter

STATEMENT OF FINANCIAL POSITION

(MNT million)

1	ASSETS
1.1	Cash and cash equivalents	328,921
1.2	Due from banks and financial institutions	78,448
1.3	Financial investments	62,678
1.4	Loans and advances to customers (net)	671,768
1.4.1	Performing loans	632,883
1.4.2	Non-performing loans	62,023
1.4.3	Deferred loan payment	(159)
1.4.4	Accrued interest receivable	15,013
1.4.5	Loan loss provision	(37,992)
1.5	Derivative financial assets	2,443
1.6	Other financial assets	318
1.7	Other non-financial assets	10,065
1.8	Fixed assets	19,603
1.9	Properties held for sale	26,184
1.10	Intangible assets	13,067
1.11	Total assets	1,213,495
2	LIABILITIES
2.1	Current accounts	92,072
2.2	Savings accounts	482,662
2.3	Due to banks and financial institutions	368,298
2.4	Other funds	47,667
2.5	Derivative financial liabilities	3,409
2.6	Other liabilities	22,488
2.7	Total liabilities	1,016,596
3	EQUITY
3.1	Share capital	146,474
3.2	Share premium	15,647
3.3	Treasury shares	(7,032)
3.4	Retained earnings	41,711
3.5	Other reserves	99
3.6	Total equity	196,899
4	TOTAL LIABILITIES AND EQUITY	1,213,495

(MNT million)

OFF BALANCE SHEET
Contingencies and commitments (net)			16,760

INCOME STATEMENT

(MNT million)

1	Interest income	117,629
1.1	From Bank of Mongolia	1,848
1.2	From banks and financial institutions	3,404
1.3	From securities	7,766
1.4	From loans	100,867
1.5	Other interest income	3,744
2	Interest expense	74,556
2.1	Interest expense on current accounts	1,878
2.2	Interest expense on savings accounts	61,858
2.3	Interest expense on borrowed funds	2,933
2.4	Interest expense on securities	1,051
2.5	Other interest expenses	6,836
3	Net interest income (1-2)	43,073
4	Provision expense	8,831
4.1	Deposits at banks and financial institutions	252
4.2	Securities	40
4.3	Loans	8,539
5	Net income after provision (3-4)	34,242
6	Other income	31,858
6.1	Non-interest income	31,115
6.1.1	Trading income	14,230
6.1.2	Foreign exchange and revaluation income	15,272
6.1.3	Fees and commission income	1,307
6.1.4	Other non-interest income	306
6.2	Other income, gain	743
7	Other expenses	53,991
7.1	Non-interest expenses	53,762
7.1.1	Other provision expense	381
7.1.2	Trading expense	10,974
7.1.3	Foreign exchange and revaluation expense	14,939
7.1.4	Fees and commission expense	1,499
7.1.5	Other operating expenses	25,969
7.2	Other expenses, losses	229
8	Profit Before Tax (5+6-7)	12,109
9	Income tax expense	1,484
10	Net profit for the year (8-9)	10,625
11	Other comprehensive income	52
12	Total comprehensive income for the year (10+11)	10,677

PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA	LIMIT	PERFORMANCE
Tier 1 capital ratio	≥ 9%	22.5%
Capital adequacy ratio	≥ 12%	22.5%
Liquidity ratio	≥ 25%	33.8%
Foreign currency open position ratio (single currency)	< ±15%	-2.9%
Foreign currency open position ratio (total)	< ±30%	-8.1%

LOANS AND ADVANCES TO RELATED PARTIES		CATEGORY OF ASSETS	BALANCE (MNT million)	PERCENT OF TOTAL EQUITY
1	Loans and advances to a related party (less than 5% of total equity)			3.2%
1.1	Bank shareholders	–	–	0.0%
1.2	Key management personnel	–	–	0.0%
1.3	Other related parties	Loan	6,351	3.2%
2	Total loans and advances to related parties (less than 20% of total equity)			12.4%
2.1	Bank shareholders	Loan	100	0.1%
2.2	Key management personnel	Loan	404	0.2%
2.3	Other related parties	Loan	23,907	12.1%