| Quarter-1,2018 |
|
|
| FINANCIAL STATEMENT |
|
|
|
|
|
|
|
(in millions of MNT) |
|
| Items |
3/31/2018 |
|
| 1 |
ASSET |
|
| 1.1 |
Cash and cash equivalents |
99,074.33 |
|
| 1.2 |
Due from banks |
– |
|
| 1.3 |
Financial investments (available for sale) |
29,995.91 |
|
| 1.3.5 |
Investmens in associates |
– |
|
| 1.4 |
Loans and advances to customers (net) |
109,631.31 |
|
| 1.4.1 |
Performing loans |
109,669.44 |
|
| 1.4.2 |
Non-performing loans |
– |
|
| 1.4.6 |
Deferred loan payment |
– |
|
| 1.4.7 |
Accrued interest receivable |
510.22 |
|
| 1.4.8 |
(Loan Loss Provision) |
(548.35) |
|
| 1.5 |
Derivative financial assets |
174.79 |
|
| 1.6 |
Other financial assets |
0.11 |
|
| 1.7 |
Other non-financial assets |
8,612.51 |
|
| 1.8 |
Fixed assets (net) |
2,364.92 |
|
| 1.9 |
Real estate for investment |
– |
|
| 1.10 |
Assets for sale |
– |
|
| 1.11 |
Intangible assets |
592.70 |
|
| 1.12 |
Total assets |
250,446.59 |
|
| 2 |
LIABILITIES |
|
| 2.1 |
Current account |
4,345.75 |
|
| 2.2 |
Savings |
4,564.23 |
|
| 2.3 |
Due to banks & financial instituitions |
141,603.13 |
|
| 2.4 |
Other deposits |
30,000.00 |
|
| 2.5 |
Other liabilities |
23,204.13 |
|
| 2.10 |
Total liabilities |
203,717.24 |
|
| 3 |
EQUITY |
|
| 3.1 |
Share capital |
50,000.00 |
|
| 3.2 |
Share premium |
– |
|
| 3.3 |
Treasury stock |
– |
|
| 3.4 |
Revaluation surplus |
0.57 |
|
| 3.5 |
Retained earnings |
(3,299.17) |
|
| 3.6 |
Other reserves |
27.95 |
|
| 3.7 |
Total equity |
46,729.34 |
|
| 4 |
TOTAL LIABILITIES AND EQUITY |
250,446.59 |
|
|
|
|
|
|
|
|
|
| INCOME STATEMENT |
|
|
|
|
|
|
|
(in millions of MNT) |
|
| Items |
3/31/2018 |
|
| 1 |
Interest income |
4,139.96 |
|
| 1.1 |
from Bank of Mongolia |
80.62 |
|
| 1.2 |
From Other banks & financial institutions |
133.68 |
|
| 1.3 |
from BoM securities |
1,204.21 |
|
| 1.4 |
Loan interest income |
2,721.44 |
|
| 1.5 |
Other interest income |
– |
|
| 2 |
Interest expense |
1,682.84 |
|
| 2.1 |
Interests paid to Current account |
419.15 |
|
| 2.2 |
Interests paid to Savings |
1,222.68 |
|
| 2.3 |
Interest paid to Borrowed fund |
2.55 |
|
| 2.4 |
Securities interest expense |
38.47 |
|
| 2.5 |
Other interest expense |
– |
|
| 3 |
NET INTEREST INCOME (1-2) |
2,457.11 |
|
| 4 |
Provision expenses |
192.97 |
|
| 4.1 |
Deposits at other banks and financial sectors |
– |
|
| 4.2 |
Securities |
– |
|
| 4.3 |
Loans |
192.97 |
|
| 5 |
Net interest income after provision [(3)-(4)] |
2,264.14 |
|
| 6 |
Other income |
280.03 |
|
| 6.1 |
Non-interest income |
250.59 |
|
| 6.1.1 |
Trade income |
53.96 |
|
| 6.1.2 |
Exchange and revaluation adjustment expense |
101.38 |
|
| 6.1.3 |
Fees and commission income |
95.25 |
|
| 6.1.4 |
Other non-interest income |
|
|
| 6.2 |
Other income |
29.44 |
|
| 7 |
Other expense |
1,238.07 |
|
| 7.1 |
Non-interest expense |
1,175.98 |
|
| 7.1.1 |
Other provision expense |
– |
|
| 7.1.2 |
Trade expense |
|
|
| 7.1.3 |
Exchange and revaluation adjustment expense |
|
|
| 7.1.4 |
Fees and commission expense |
69.74 |
|
| 7.1.5 |
Other operating expense |
1,106.24 |
|
| 7.2 |
Other expense |
62.09 |
|
| 8 |
Net Profit Before Taxes (5+6-7) |
1,306.11 |
|
| 9 |
Income tax expense |
|
|
| 10 |
Net Profit After Taxes (8-9) |
1,306.11 |
|
| 11 |
Other comprehensive income |
– |
|
| 12 |
Total comprehensive income for the year (10+11) |
1,306.11 |
|
|
|
|
|
|
|
|
|
| OFF BALANCE SHEET |
|
|
|
|
|
|
|
(in millions of MNT) |
|
| Contingencies and commitments (net) |
733.48 |
|
|
|
|
|
|
|
|
|
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA |
|
|
|
|
| Ratios |
Limit |
Bank |
| Tier 1 ratio |
≥ 9% |
31.5% |
| Capital adequacy ratio |
≥ 12% |
31.5% |
| Liquidity |
≥ 25% |
45.6% |
| Foreign currency open position ratio (by each currency) |
< ±15% |
-13.0% |
| Foreign currency open position ratio (total) |
< ±40% |
-20.9% |