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Quarterly financial statements

Year-2018 Quarter- 3

Quarter-3,2018
FINANCIAL STATEMENT
(in millions of MNT)
Items 9/30/2018
1 ASSET
1.1 Cash and cash equivalents                                 97,761.02
1.2 Due from banks                                                –
1.3 Financial investments (available for sale)                                 73,656.61
 1.3.5 Investmens in associates                                                –
1.4 Loans and advances to customers (net)                              149,233.84
 1.4.1 Performing loans                              149,568.40
 1.4.2 Non-performing loans                                                –
 1.4.6 Deferred loan payment                                                –
 1.4.7 Accrued interest receivable                                       570.03
 1.4.8 (Loan Loss Provision)                                    (904.59)
1.5 Derivative financial assets                                                –
1.6 Other financial assets                                           0.72
1.7 Other non-financial assets                                   1,495.25
1.8 Fixed assets (net)                                   2,273.81
1.9 Real estate for investment                                                –
1.10 Assets for sale                                                –
1.11 Intangible assets                                       528.61
1.12 Total assets                              324,949.85
2 LIABILITIES
2.1 Current account                                   1,578.97
2.2 Savings                                 35,012.58
2.3 Due to banks & financial instituitions                              106,525.25
2.4 Other deposits                                 73,672.58
2.5 Other liabilities                                 37,133.63
2.10 Total liabilities                              253,923.01
3 EQUITY
3.1 Share capital                                 72,000.00
3.2 Share premium                                                –
3.3 Treasury stock                                                –
3.4 Revaluation surplus                                           0.57
3.5 Retained earnings                                 (1,001.68)
3.6 Other reserves                                         27.95
3.7 Total equity                                 71,026.84
4 TOTAL LIABILITIES AND EQUITY                              324,949.85
INCOME STATEMENT
(in millions of MNT)
Items 9/30/2018
1 Interest income                                 14,959.50
 1.1 from Bank of Mongolia                                       271.20
 1.2 From Other banks & financial institutions                                   1,283.94
 1.3 from BoM securities                                   3,011.94
 1.4 Loan interest income                                 10,392.42
 1.5 Other interest income                                                –
2 Interest expense                                   6,998.57
 2.1 Interests paid to Current account                                   1,110.73
 2.2 Interests paid to Savings                                   5,530.31
 2.3 Interest paid to Borrowed fund                                           5.64
 2.4 Securities interest expense                                       351.89
 2.5 Other interest expense                                                –
3 NET INTEREST INCOME (1-2)                                   7,960.92
4 Provision expenses                                       473.31
 4.1 Deposits at other banks and financial sectors                                         22.21
 4.2 Securities                                           5.54
 4.3 Loans                                       445.56
5 Net interest income after provision [(3)-(4)]                                   7,487.61
6 Other income                                       904.78
 6.1 Non-interest income                                       815.09
  6.1.1 Trade income                                                –
  6.1.2 Exchange and revaluation adjustment expense                                       305.21
  6.1.3 Fees and commission income                                       509.88
  6.1.4 Other non-interest income                                                –
 6.2 Other income                                         89.69
7 Other expense                                   4,454.89
 7.1 Non-interest expense                                   4,195.66
  7.1.1 Other provision expense                                           0.03
  7.1.2 Trade expense                                         36.65
  7.1.3 Exchange and revaluation adjustment expense                                                –
  7.1.4 Fees and commission expense                                       215.31
  7.1.5 Other operating expense                                   3,943.68
 7.2 Other expense                                       259.23
8 Net Profit Before Taxes (5+6-7)                                   3,937.50
9 Income tax expense                                       241.45
10 Net Profit After Taxes (8-9)                                   3,696.05
11 Other comprehensive income                                           5.54
12 Total comprehensive income for the year (10+11)                                   3,701.59
OFF BALANCE SHEET
(in millions of MNT)
Contingencies and commitments (net)                                   2,175.25
PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA
Ratios Limit Bank
Tier 1 ratio ≥ 9% 38.2%
Capital adequacy ratio ≥ 12% 38.2%
Liquidity ≥ 25% 33.2%
Foreign currency open position ratio (by each currency) < ±15% 7.7%
Foreign currency open position ratio (total) < ±40% 8.0%

 

LOANS AND OTHER EQUIVALENT ASSETS PROVIDED TO RELATED PARTIES OF THE BANK
(in millions of MNT)
Related parties Category of assets Balance Share to capita
1 Loans and other equivalent asset provided to a related party (less than 5% of capital)
1.1. Shareholders of the Bank  –
1.2. Key management personnel
1.3. Other related parties  Loan      2,257.7 3.2%
2 Total Loans and other equivalent asset provided to related parties (less than 20% of capital)
2.1. Shareholders of the Bank
2.2. Key management personnel
2.3. Other related parties  Loan    4,934.08 6.9%

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