Hrvatska Poštanska Banka d.d.

Quarterly Report • Apr 30, 2021

HPB Group Q1 2021 Investor information and unaudited Financial statements

Limitation of liability

• The information and data contained in this presentation are intended to be general background information on Hrvatska poštanska banka p.l.c. as the parent company of the Hrvatska poštanska banka Group (hereinafter referred to as the Bank, Group or HPB and its activities. It is supplied in summary form and therefore not necessarily complete. Certain statements contained herein may be statements of future expectations and other forward-looking statements about HPB, which are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, words such as "may", "will", "should", "expects", "plans", "contemplates", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions typically identify forward-looking statements. By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. As such, no forwardlooking statement can be guaranteed. Undue reliance should not be placed on these forward-looking statements. Many factors could cause our results of operations, financial condition, liquidity, and the development of the industries in which we compete, to differ materially from those expressed or implied by the forward-looking statements contained herein.
• This presentation contains financial and non-financial information and statistical data relating to HPB. Such information and data are presented for illustrative purposes only. This presentation may include information and data derived from publicly available sources that have not been independently verified, therefore HPB hereby expressly makes no representation of warranty of any kind, including, but not limited to the accuracy, completeness or reliability of the provided information and data. This presentation is for information purposes only and contains neither a recommendation to buy or sell nor an offer of sale or subscription to shares nor does it constitute an invitation to make an offer to sell shares.
• This presentation has been prepared and the data checked with the greatest possible care. Nonetheless, rounding, transmission, typesetting and printing errors cannot be ruled out. In the summing up of rounded amounts and percentages, rounding-off differences may occur.

In accordance with the Capital Markets Act, Hrvatska poštanska Banka p.l.c. (Bank), as the parent company of the Hrvatska poštanska banka Group (Group), publishes unaudited financial statements for the period from January 01 to March 31, 2021.

Original and official quarterly report is published in Croatian.

The report includes:

• Management report of HPB Group,
• Statement by persons responsible for compiling the report,
• Unaudited set of consolidated financial statements (balance sheet, profit or loss statement, statement of changes in equity, cash flow statement), and
• Notes to the consolidated financial statements.

Financial statements and notes have been compiled in accordance with instructions defined in Rulebook on format and content of interim financial reports of issuers (NN 114/2018, 27/2021).

Type and name of prescribed information:	Quarterly consolidated financial statements for the period 01.01.2021 - 31.03.2021, HPB Group Q1 2021 Investor information and unaudited Financial statements
Issuer name, headquarter and address:	Hrvatska poštanska banka p.l.c., Jurišićeva 4, HR-10000 Zagreb
Issuer's Legal Entity Identifier (LEI)	529900D5G4V6THXC5P79
Home Member State:	Republic of Croatia
International Securities Identification Number (ISIN)	HRHPB0RA0002
Stock code (ticker):	HPB-R-A
Regulated market and segment: 3	Zagreb Stock Exchage, Official market

Management report

HPB Group is, apart from the parent company – Hrvatska poštanska Banka p.l.c., HPB Invest (investment fund management) and HPB-nekretnine (real estate agency).

The HPB Group's net profit after tax is HRK 40.6 million. The Group's result relates largely to the results of the parent company, while HPB Invest made a net profit of HRK 195.1 thousand and HPB-Nekretnine a net profit of HRK 107.7 thousand.

Marko Badurina Anto Mihaljević

President of the Management Board Member of the Management Board

Ivan Soldo

Member of the Management Board

Statement by persons accountable for compiling the report of HPB p.l.c.

In accordance with the Capital Market Act, the Management Board of HPB p.l.c., the parent company of HPB Group, states that according to their best knowledge the set of consolidated unaudited financial statements for the period from January 01 to March 31, 2021, are compiled in accordance with the accounting regulation applicable to credit institutions in Croatia, presents complete and accurate view of assets and liabilities, losses and gains, financial position and results of HPB p.l.c., as well as companies included in consolidation as a whole.

On behalf of HPB p.l.c., the parent company of HPB Group:

Tea Bažant Marko Badurina

Executive Head of finance division President of the Management Board

Anto Mihaljević

Member of the Management Board

Ivan Soldo

Member of the Management Board

Annex 1

	ISSUER'S GENERAL DATA
--	-----------------------

Reporting period:		1.1.2021	to	31.3.2021
Year:		2021
Quarter:		1
		Quarterly financial statements
Registration number (MB):	03777928		Issuer's home Member State code:	HRVATSKA
Entity's registration number (MBS):	080010698
Personal identification
number (OIB):	87939104217		LEI:	529900D5G4V6THXC5P79
Institution	319
code:
	Name of the issuer: HRVATSKA POŠTANSKA BANKA, p.l.c.
Postcode and town:	10000		ZAGREB
Street and house number: JURIŠIĆEVA 4
E-mail address: hpb@hpb.hr
Web address: www.hpb.hr
Number of employees (end of the reporting	1315
period):
Consolidated report:	KD	(KN-not consolidated/KD-consolidated)		KN	KD
Audited:	RN	(RN-not audited/RD-audited)		RN	RD
	Names of subsidiaries (according to IFRS):		Registered office:		MB:
HPB Invest d.o.o.		Strojarska 20, 10000 Zagreb			01972278
HPB-nekretnine d.o.o.		Amruševa 8, 10000 Zagreb			01972260
					Da
Bookkeeping firm:	No	(Yes/No)			Ne
			(name of the bookkeeping firm)
Contact person: Tea Bažant
Telephone: 014804670	(only name and surname of the contact person)
E-mail address: tea.bazant@hpb.hr
Audit firm:
Certified auditor:	(name of the audit firm)

BALANCE SHEET

as at March 31, 2021
Submitter: Hrvatska poštanska banka p.l.c.			in HRK
Item	AOP code	Last day of the preceding business year	At the reporting date of the current period
1	2	3	4
Assets
Cash, cash balances at central banks and other demand deposits (from 2 to 4)	001	3,662,500,484	4,546,196,054
Cash in hand	002	900,072,987	1,033,037,483
Cash balances at central banks	003	2,224,401,393	2,963,997,701
Other demand deposits	004	538,026,104	549,160,870
Financial assets held for trading (from 6 to 9) Derivatives	005 006	719,257,423 -	721,603,434 34,781
Equity instruments	007	95,340,654	99,716,726
Debt securities	008	623,916,769	621,851,927
Loans and advances Non-trading financial assets mandatorily at fair value through profit or loss (from 11 to 13)	009	- 38,865,901	- 37,264,386
Equity instruments	010 011	20,000,000	20,000,000
Debt securities	012	-	-
Loans and advances	013	18,865,901	17,264,386
Financial assets at fair value through profit or loss (15 + 16) Debt securities	014 015	- -	- -
Loans and advances	016	-	-
Financial assets at fair value through other comprehensive income (from 18 to 20)	017	4,158,015,469	4,232,585,894
Equity instruments	018	49,027,711	53,933,089
Debt securities Loans and advances	019	4,108,987,758 -	4,178,652,805 -
Financial assets at amortised cost (22 + 23)	020 021	16,413,935,375	16,525,672,695
Debt securities	022	1,978,784	3,163,091
Loans and advances	023	16,411,956,591	16,522,509,604
Derivatives - hedge accounting Fair value changes of the hedged items in portfolio hedge of interest rate risk	024 025	- -	- -
Investments in subsidiaries, joint ventures and associates	026	43	43
Tangible assets	027	326,574,638	337,181,273
Intangible assets	028	91,824,941	92,806,132
Tax assets Other assets	029 030	2,797,956 49,114,278	1,557,858 39,342,233
Fixed assets and disposal groups classified as held for sale	031	-	-
Total assets (1 + 5 + 10 + 14 + 17 + 21 + from 24 to 31)	032	25,462,886,508	26,534,210,002
Liabilities
Financial liabilities held for trading (from 34 to 38)	033	21,172	-
Derivatives Short positions	034 035	21,172 -	- -
Deposits	036	-	-
Debt securities issued	037	-	-
Other financial liabilities Financial liabilities at fair value through profit or loss (from 40 to 42)	038	-	-
Deposits	039 040	- -	- -
Debt securities issued	041	-	-
Other financial liabilities	042	-	-
Financial liabilities measured at amortised cost (from 44 to 46) Deposits	043	22,680,817,227	23,608,836,584
Debt securities issued	044 045	22,561,546,458 -	23,485,989,223 -
Other financial liabilities	046	119,270,769	122,847,361
Derivatives - hedge accounting	047	-	-
Fair value changes of the hedged items in portfolio hedge of interest rate risk Provisions	048 049	- 125,688,739	- 161,805,341
Tax liabilities	050	25,697,310	49,128,740
Share capital repayable on demand	051	-	-
Other liabilities Liabilities included in disposal groups classified as held for sale	052	151,759,203 -	190,868,818 -
Total liabilities (33 + 39 + 43 + from 47 to 53)	053 054	22,983,983,651	24,010,639,483
Equity
Initial capital	055	1,214,775,000	1,214,775,000
Share premium	056	-	-
Equity instruments issued other than capital Other equity instruments	057 058	- -	- -
Accumulated other comprehensive income	059	264,974,555	268,998,898
Retained profit	060	204,798,039	388,182,234
Revaluation reserves	061	-	-
Other reserves ( - ) Treasury shares	062 063	611,448,069 (477,000)	611,448,069 (477,000)
Profit or loss attributable to owners of the parent	064	183,384,194	40,643,318
(--) Interim dividends	065	-	-
Minority interests [non-controlling interests] Total equity (from 55 to 66)	066 067	- 2,478,902,857	- 2,523,570,519
Total equity and liabilities (54 + 67)	068	25,462,886,508	26,534,210,002

STATEMENT OF PROFIT AND LOSS

for the period January 01, 2021 to March 31, 2021

Submitter: Hrvatska poštanska banka p.l.c. in HRK

Item		Same period of the previous year		Current period
		Cumulative	Quarter	Cumulative	Quarter
1	2	3	4	5	6
Interest income	001	150,216,013	150,216,013	143,774,898	143,774,898
(Interest expenses)	002	13,918,245	13,918,245	9,993,797	9,993,797
(Expenses on share capital repayable on demand)	003	-	-	-	-
Dividend received	004	200,613	200,613	-	-
Fees and commissions income	005	112,416,823	112,416,823	106,111,901	106,111,901
(Fees and commissions expenses)	006	67,582,504	67,582,504	62,157,773	62,157,773
Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net	007	23,870,392	23,870,392	93,829	93,829
Gains or (-) losses on financial assets and liabilities held for trading, net	008	(5,416,693)	(5,416,693)	14,760,520	14,760,520
Gains or losses on non-trading financial assets mandatorily at fair value through profit or loss, net	009	102,393	102,393	1,360,042	1,360,042
Gains or (-) losses on financial assets and liabilities at fair value through profit or loss, net	010	-	-	-	-
Gains or (-) losses from hedge accounting, net
	011	-	-	-	-
Exchange rate differences [gain or (-) loss], net	012	(4,831,938)	(4,831,938)	(3,295,984)	(3,295,984)
Gains or (-) losses on derecognition of non-financial assets, net	013	-	-	-	-
Other operating income	014	2,187,791	2,187,791	2,715,605	2,715,605
(Other operating expenses)	015	10,270,728	10,270,728	2,349,243	2,349,243
Total operating income, net (1 – 2 – 3 + 4 + 5 – 6 + from 7 to 14 – 15)	016	186,973,917	186,973,917	191,019,998	191,019,998
(Administrative expenses)	017	94,512,689	94,512,689	94,937,843	94,937,843
(Contributions in cash rehabilitation committees and Deposit Insurance Schemes)	018	2,250,000	2,250,000	2,741,250	2,741,250
(Depreciation)	019	20,765,646	20,765,646	17,178,795	17,178,795
Modification gains or (-) losses, net	020	(29,391)	(29,391)	(3,309,564)	(3,309,564)
(Provisions or (-) reversal of provisions)	021	884,318	884,318	3,212,236	3,212,236
(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or
loss)	022	28,708,700	28,708,700	20,271,678	20,271,678
(Impairment or (-) reversal of impairment of investments in subsidiaries, joint ventures and associates)	023	-	-	-	-
(Impairment or (-) reversal of impairment on non-financial assets)	024	-	-	-	-
Negative goodwill recognised in profit or loss	025	-	-	-	-
Share of the profit or (-) loss of investments in subsidiaries, joint ventures and associates accounted for using the equity method	026	-	-	-	-
Profit or (-) loss from fixed assets and disposal groups classified as held for sale not qualifying as discontinued operations	027	-	-	-	-
Profit or (-) loss before tax from continuing operations (16 – 17 – 18 + 19 – from 20 to 23 + from
24 to 26)	028	39,823,173	39,823,173	49,368,632	49,368,632
(Tax expense or (-) income related to profit or loss from continuing operations)	029	3,902,891	3,902,891	8,725,315	8,725,315
Profit or (-) loss after tax from continuing operations (27 – 28)	030	35,920,282	35,920,282	40,643,317	40,643,317
Profit or (-) loss after tax from discontinued operations (31 – 32)	031	-	-	-	-
Profit or (-) loss before tax from discontinued operations	032	-	-	-	-
(Tax expense or (-) income related to discontinued operations)	033	-	-	-	-
Profit or ( – ) loss for the year (29 + 30; 34 + 35)	034	35,920,282	35,920,282	40,643,317	40,643,317
Attributable to minority interest [non-controlling interests]	035	-	-	-	-

Attributable to owners of the parent 036 35,920,282 35,920,282 40,643,317 40,643,317

STATEMENT OF OTHER COMPREHENSIVE INCOME

Income or (-) loss for the current year	037	35,920,282	35,920,282	40,643,317	40,643,317
Other comprehensive income (38 + 50) Items that will not be reclassified to profit or loss (from 39 to 45) + 48 + 49)	038	(103,225,082)	(103,225,082)	4,024,343	4,024,343
Tangible assets	039	-	-	(457,723)	(457,723)
Intangible assets	040 041	- -	- -	- -	- -
Actuarial gains or (-) losses on defined benefit pension plans	042	-	-	-	-
Fixed assets and disposal groups classified as held for sale	043	-	-	-	-
Share of other recognised income and expense of entities accounted for using the equity method	044	-	-	-	-
Fair value changes of equity instruments measured at fair value through other comprehensive income	045	-	-	-	-
Gains or (-) losses from hedge accounting of equity instruments at fair value through other
comprehensive income, net	046	-	-	-	-
Fair value changes of equity instruments measured at fair value through other comprehensive income [hedged item]	047	-	-	-	-
Fair value changes of equity instruments measured at fair value through other comprehensive income [hedging instrument]	048	-	-	-	-
Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk	049	-	-	-	-
Income tax relating to items that will not be reclassified	050	-	-	(457,723)	(457,723)
Items that may be reclassified to profit or loss (from 51 to 58)	051	(103,225,082)	(103,225,082)	4,482,066	4,482,066
Hedge of net investments in foreign operations [effective portion]	052	-	-	-	-
Foreign currency translation	053	-	-	-	-
Cash flow hedges [effective portion]	054	-	-	-	-
Hedging instruments [not designated elements]	055	-	-	-	-
Debt instruments at fair value through other comprehensive income	056	(125,884,247)	(125,884,247)	5,465,934	5,465,934
Fixed assets and disposal groups classified as held for sale	057	-	-	-	-
Share of other recognised income and expense of investments in subsidiaries, joint ventures and	058
associates		-	-	-	-
Income tax relating to items that may be reclassified to profit or (-) loss	059	22,659,165	22,659,165	(983,868)	(983,868)
Total comprehensive income for the current year (36 + 37; 60 + 61)	060	(67,304,800)	(67,304,800)	44,667,660	44,667,660
Attributable to minority interest [non-controlling interest]	061	-	-	-	-
Attributable to owners of the parent	062	(67,304,800)	(67,304,800)	44,667,660	44,667,660

STATEMENT OF CASH FLOW for the period January 01, 2021 to March 31, 2021

Submitter: Hrvatska poštanska banka p.l.c. in HRK

Item	AOP code	Same period of the previous year	Current period
1	2	3	4
Operating activities - direct method
Interest received and similar receipts	001	-	-
Fees and commissions received	002	-	-
(Interest paid and similar expenditures)	003	-	-
(Fees and commissions paid)	004	-	-
(Operating expenses paid)	005	-	-
Net gains/losses from financial instruments at fair value through statement of profit or loss	006	-	-
Other receipts	007	-	-
(Other expenditures)	008	-	-
Operating activities - indirect method		-	-
Profit/(loss) before tax Adjustments:	009	228,612,358 -	49,368,632 -
Impairment and provisions	010	174,933,719	26,793,478
Depreciation	011	76,278,177	17,178,795
	012	(73,479,009)	(12,918,407)
Net unrealised (gains)/losses on financial assets and liabilities at fair value through statement of profit or loss
(Profit)/loss from the sale of tangible assets Other non-cash items	013	-	-
	014	(537,334,753)	(133,781,101)
Promjene u imovini i obvezama iz poslovnih aktivnosti		-	-
Deposits with the Croatian National Bank	015	(280,916,192)	(739,596,308)
Deposits with financial institutions and loans to financial institutions	016	258,280,921	(11,134,766)
Loans and advances to other clients	017	(1,316,595,951)	(134,134,255)
Securities and other financial instruments at fair value through other comprehensive income	018	468,611,329	(45,780,726)
Securities and other financial instruments held for trading	019	(65,609,242)	12,080,083
Securities and other financial instruments at fair value through statement of profit or loss, not traded	020	-	-
Securities and other financial instruments mandatorily at fair value through statement of profit or loss	021	-	-
Securities and other financial instruments at amortised cost	022	2,326,911	(1,184,307)
Other assets from operating activities Deposits from financial institutions	023	3,106,512	9,772,043
Transaction accounts of other clients	024	105,943,541	(45,589,059)
Savings deposits of other clients	025 026	1,255,559,114 720,175,408	1,480,641,804 349,512,555
Time deposits of other clients	027	(928,046,118)	(209,650,769)
Derivative financial liabilities and other liabilities held for trading	028	5,952,655	3,555,420
Other liabilities from operating activities	029	(2,589,926)	79,572,309
Interest received from operating activities [indirect method]	030	588,918,099	143,774,898
Dividends received from operating activities [indirect method]	031	3,280,842	-
Interest paid from operating activities [indirect method]	032	(51,583,346)	(9,993,797)
(Income tax paid)	033	-	-
Net cash flow from operating activities (from 1 to 33)	034	635,825,049	828,486,522
Investing activities		-	-
Cash receipts from the sale / payments for the purchase of tangible and intangible assets	035	(60,106,596)	(28,766,621)
Cash receipts from the sale / payments for the purchase of investments in branches, associates and joint ventures	036	-	-
Cash receipts from the sale / payments for the purchase of securities and other financial instruments held to
maturity	037	-	-
Dividends received from investing activities	038	2,326,911	(1,184,307)
Other receipts/payments from investing activities Net cash flow from investing activities (from 35 to 39)	039	-	-
Financing activities	040	(57,779,685) -	(29,950,928) -
Net increase/(decrease) in loans received from financing activities	041	475,822,595	1,862,296
Net increase/(decrease) in debt securities issued	042	-	-
Net increase/(decrease) in Tier 2 capital instruments	043	-	-
Increase in share capital	044	-	-
(Dividends paid)	045	-	-
Other receipts/(payments) from financing activities	046	-	-
Net cash flow from financing activities (from 41 to 46)	047	475,822,595	1,862,296
Net increase/(decrease) of cash and cash equivalents (34 + 40 + 47)	048	1,053,867,959	800,397,890
Cash and cash equivalents at the beginning of period	049	3,046,578,558	4,084,192,801
Effect of exchange rate fluctuations on cash and cash equivalents	050	(8,624,819)	(3,295,984)
Cash and cash equivalents at the end of period (48 + 49 + 50)	051	4,091,821,698	4,881,294,707

STATEMENT OF CHANGES IN EQUITY for the period January 01, 2021 to March 31, 2021 in HRK

		Attributable to owners of the parent								Non-controlling interest
Item	AOP code	Equity	Share premium	Equity instruments issued other than capital	Other equity instruments	Accumulated other comprehensive income	Retained profit Revaluation	reserves	Other reserves	( ) Treasury shares	Profit or ( - ) loss attributable to owners of the parent	(-) Interim dividends	Accumulat ed other comprehen sive income	Other items	Total
1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16
Opening balance [before restatement]	001	1,214,775,000	-	-	-	264,974,555	204,798,039	-	611,448,069	(477,000)	183,384,194	-	-	-	2,478,902,857
Effects of error corrections	002	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effects of changes in accounting policies	003	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Opening balance [current period] (1 + 2 + 3)	004	1,214,775,000	-	-	-	264,974,555	204,798,039	-	611,448,069	(477,000)	183,384,194	-	-	-	2,478,902,857
Ordinary shares issue	005	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preference shares issue	006	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issue of other equity instruments	007	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exercise or expiration of other equity instruments issued	008	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of debt to equity	009	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital reduction	010	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends	011	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase/sale of treasury shares	012	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale or cancellation of treasury shares	013	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification of financial instruments from equity to liability	014	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification of financial instruments from liability to equity	015	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfers among components of equity instruments	016	-	-	-	-	-	183,384,195	-	-	-	(183,384,195)	-	-	-	-
Share based payments	017	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other increase or ( - ) decrease of equity instruments	018	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income for the current year	019	-	-	-	-	4,024,343	-	-	-	-	40,643,319	-	-	-	44,667,662
Equity instruments increase or (-) decrease resulting from business combinations	020	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Closing balance [current period] (from 4 to 20)	021	1,214,775,000	-	-	-	268,998,898	388,182,234	-	611,448,069	(477,000)	40,643,318	-	-	-	2,523,570,519

Note: Decision of the General Assembly on net profit distribution in 2020 has not been made yet. Net profit will be distributed by capital positions (retained earnings and other reserves) after making above decision.

Notes to financial statements

1) INTEREST INCOME				in HRK
AOP 001	Same period of the previous year 01.01.-			Current period 01.01. – 31.03.2021.
	31.03.2020. Cumulative	Quarter	Cumulative	Quarter
Debt securities Loans and advances	22,027,279 127,938,311	22,027,279 127,938,311	19,496,752 124,277,820	19,496,752 124,277,820
Other assets Deposits	249,014 1,409	249,014 1,409	- 326	- 326
Other liabilities Total	- 150,216,013	- 150,216,013	- 143,774,898	- 143,774,898
2) INTEREST EXPENSE				in HRK
AOP 002	Same period of the previous year 01.01.- 31.03.2020.			Current period 01.01. – 31.03.2021.
Debt securities	Cumulative -	Quarter -	Cumulative -	Quarter -
Loans and advances Other assets	531,838 -	531,838 -	605,058 -	605,058 -
Deposits Other liabilities	12,933,460 452,947	12,933,460 452,947	9,387,175 1,564	9,387,175 1,564
Total	13,918,245	13,918,245	9,993,797	9,993,797
3) FEE AND COMMISSION INCOME				in HRK
AOP 005	Same period of the previous year 01.01.- 31.03.2020.			Current period 01.01. – 31.03.2021.
Securities	Cumulative -	Quarter -	Cumulative 712,761	Quarter 712,761
Asset management Custody [according to the type of client]	73,995 1,121,542	73,995 1,121,542	11,505 1,229,951	11,505 1,229,951
Loan commitments Other	1,269,446 109,951,840	1,269,446 109,951,840	11,393 104,146,292	11,393 104,146,292
Total	112,416,823	112,416,823	106,111,901	106,111,901
4) FEE AND COMMISSION EXPENSE	Same period of the previous year 01.01.-			in HRK Current period 01.01. – 31.03.2021.
AOP 006	31.03.2020. Cumulative	Quarter	Cumulative	Quarter
Bank clearing and settlement Other	368,965 67,213,539	368,965 67,213,539	446,254 61,711,519	446,254 61,711,519
Total	67,582,504	67,582,504	62,157,773	62,157,773
5) GAIN/LOSSES ON TERMINATION OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES	Same period of the previous year 01.01.-			in HRK
AOP 007	31.03.2020. Cumulative	Quarter	Cumulative	Current period 01.01. – 31.03.2021. Quarter
Debt securities	23,870,392	23,870,392	-	-
Loans and advances Deposits	- -	- -	- -	- -
Debt Securities issued Other financial liabilities	- -	- -	- 93,829	- 93,829
Total	23,870,392	23,870,392	93,829	93,829
6) GAINS OR (-) LOSSES ON FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING AOP 008	Same period of the previous year 01.01.-			in HRK Current period 01.01. – 31.03.2021.
	31.03.2020. Cumulative	Quarter	Cumulative	Quarter
Equity instruments Debt securities	(11,294,858) (7,587,117)	(11,294,858) (7,587,117)	4,329,892 (1,324,176)	4,329,892 (1,324,176)
FX transactions and derivatives Total	13,465,282 (5,416,693)	13,465,282 (5,416,693)	11,754,803 14,760,520	11,754,803 14,760,520
7) GAINS OR LOSSES ON NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS
AOP 009	Same period of the previous year 01.01.- 31.03.2020.			Current period 01.01. – 31.03.2021.
Equity instruments	Cumulative -	Quarter -	Cumulative -	Quarter -
Debt securities Loans and advances	- 102,393	- 102,393	- 1,360,042	- 1,360,042
Total	102,393	102,393	1,360,042	1,360,042
8) OPERATING EXPENSES	Same period of the previous year 01.01.-			in HRK
AOP 015 & AOP 017 & AOP 018	31.03.2020. Cumulative	Quarter	Cumulative	Current period 01.01. – 31.03.2021. Quarter
Other operating expenses Administrative expenses	10,270,728	10,270,728	2,349,243 94,937,843	2,349,243 94,937,843
Employee expenses	94,512,689 56,090,953	94,512,689 56,090,953	58,692,177	58,692,177
Other administrative expenses (Contributions in cash rehabilitation committees and Deposit Insurance Schemes) 2,250,000	38,421,736	38,421,736 2,250,000	36,245,665 2,741,250	36,245,665 2,741,250
Amortization Property, plant and equipment	20,765,646 11,299,203	20,765,646 11,299,203	17,178,795 10,991,911	17,178,795 10,991,911
Investment property Other intangible assets	- 9,466,444	- 9,466,444	- 6,186,885	- 6,186,885
Total	127,799,063	127,799,063	117,207,131	117,207,131
9) IMPAIRMENT LOSSES AND PROVISION EXPENSES AOP 019 & AOP 020 & AOP 021 & AOP 023	Same period of the previous year 01.01.-			in HRK Current period 01.01. – 31.03.2021.
	31.03.2020. Cumulative	Quarter	Cumulative	Quarter
Modification gains or (-) losses, net Financial assets at fair value through other comprehensive income	(29,391) -	(29,391) -	(3,309,564) -	(3,309,564) -
Financial assets at amortized cost (Provisions or (-) reversal of provisions)	(29,391) 884,318	(29,391) 884,318	(3,309,564) 3,212,236	(3,309,564) 3,212,236
(Liabilities and Guarantees) (Other Provisions)	339,153 545,166	339,153 545,166	2,914,535 297,701	2,914,535 297,701
(Impairment or (-) reversal of impairment on financial assets that are not measured at fair value through profit or loss)	28,708,699	28,708,699	20,271,678	20,271,678
(Financial assets at fair value through other comprehensive income) (Financial assets at amortized cost)	(1,127,923) 29,836,623	(1,127,923) 29,836,623	331,751 19,939,926	331,751 19,939,926
(Impairment or (-) reversal of impairment off of investments in subsidiaries, joint ventures, and associates)	-	-	-	-
(Impairment or (-) reversal of impairment off non-financial assets) (Property, plant and equipment)	- -	- -	- -	- -
(Investment property) (Goodwill)	- -	- -	- -	- -
(Other intangible assets) (Other)	- -	- -	- -	- -
Total	29,622,409	29,622,409	26,793,478	26,793,478
10) LOANS AND ADVANCES AOP 023		31.12.2020.			31.03.2021.	in HRK
Central banks	Stage 1 1,219,156,918	Stage 2 -	Stage 3 -	Stage 1 1,252,705,881	Stage 2 -	Stage 3 -
Gross loans Allowance	1,219,156,918 -	- -	- -	1,252,705,881 -	- -	- -
Government Gross loans	2,513,669,837 2,520,514,249	10,294,601 10,456,303	- -	2,488,559,337 2,497,840,637	4,899 5,308	- -
Allowance Credit institutuions	(6,844,412) 368,510,087	(161,702) -	- -	(9,281,301) 318,147,009	(409) -	- -
Gross loans Allowance	57,300 27	- -	- -	62,424 -	- -	- -
Deposits Allowance	368,996,913 (544,154)	- -	- -	319,566,863 (1,482,278)	- -	- -
Other financial institutions Gross loans	178,937,655 168,353,095	3,893 3,983	- -	160,914,640 150,329,215	1,307 1,377	- -
Allowance Deposits	(584,453) 11,262,954	(90) -	- -	(535,431) 11,831,110	(70) -	- -
Allowance Non - financial institutions	(93,941) 3,626,597,766	- 422,197,574	- 636,986,564	(710,255) 3,498,367,129	- 560,502,924	- 642,806,763
Gross loans Allowance	3,753,026,824 (126,429,057)	480,885,197 (58,687,623)	1,456,527,825 (819,541,261)	3,614,155,845 (115,788,716)	633,893,816 (73,390,892)	1,462,015,554 (819,208,791)
Retail Gross loans	7,022,395,635 7,060,888,859	251,126,985 272,846,699	162,079,076 688,049,269	7,131,589,899 7,169,840,316	291,742,342 313,449,244	177,167,474 721,567,183
Allowance Total	(38,493,224) 14,929,267,898	(21,719,714) 683,623,053	(525,970,193) 799,065,640	(38,250,416) 14,850,283,894	(21,706,902) 852,251,472	(544,399,709) 819,974,238
11) NON-TRADING FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS AOP 013	31.12.2020.	31.03.2021.				in HRK

12) DEPOSITS in HRK AOP 044 31.12.2020. 31.03.2021. Government 400,000,000 401,036,192 Local state 5,325,746,428 5,814,181,681 Credit institutions 209,013,088 390,151,159 Other financial institutions 1,391,175,468 1,353,463,695 Non - financial institutions 3,161,262,055 3,389,664,533 Retail 12,074,349,419 12,137,491,963 Total 22,561,546,458 23,485,989,223