Hrvatska Poštanska Banka d.d.

Annual / Quarterly Financial Statement • Feb 28, 2022

HPB Group 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.

31.12.2021,

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 December 31, 2021.

Original and official quarterly report is published in Croatian.

The report includes:

3

• 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 the content and structure of the issuer's reports for periods during the year (NN 114/2018, 27/2021).

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 202.6 million. The Group's result relates largely to the results of the parent company, while HPB Invest made a net profit of HRK 831.8 thousand and HPB-Nekretnine a net profit of HRK 585.7 thousand.

Marko Badurina Anto Mihaljević

4

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 December 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

Executive Head of finance division

Marko Badurina

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	31.12.2021
Year:		2021
Quarter:		4
		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 code:	319
	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
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
Bookkeeping firm:	No	(Yes/No)			Yes No
Contact person: Tea Bažant				(name of the bookkeeping firm)
	(only name and surname of the contact person) Telephone: 014804670
	E-mail address: Tea.Bazant@hpb.hr
Audit firm:
Certified auditor:	(name of the audit firm)
	(name and surname)

BALANCE SHEET as at December 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	6.177.641.914
Cash in hand	002	900.072.987	1.422.548.361
Cash balances at central banks	003	2.224.401.393	4.339.757.848
Other demand deposits Financial assets held for trading (from 6 to 9)	004 005	538.026.104 719.257.423	415.335.705 616.670.614
Derivatives	006	-	-
Equity instruments Debt securities	007 008	95.340.654 623.916.769	105.639.274 511.031.340
Loans and advances	009	-	-
Non-trading financial assets mandatorily at fair value through profit or loss (from 11 to 13) Equity instruments	010	38.865.901 20.000.000	9.316.729 -
Debt securities	011 012	-	-
Loans and advances Financial assets at fair value through profit or loss (15 + 16)	013	18.865.901	9.316.729
Debt securities	014 015	- -	- -
Loans and advances	016	-	-
Financial assets at fair value through other comprehensive income (from 18 to 20) Equity instruments	017 018	4.158.015.469 49.027.711	4.601.319.906 48.896.784
Debt securities	019	4.108.987.758	4.552.423.122
Loans and advances Financial assets at amortised cost (22 + 23)	020	-	-
Debt securities	021 022	16.413.935.375 1.978.784	15.955.565.325 454.371
Loans and advances	023	16.411.956.591	15.955.110.954
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 Intangible assets	027 028	326.574.638 91.824.941	311.192.057 93.395.736
Tax assets	029	2.797.956	642.640
Other assets Fixed assets and disposal groups classified as held for sale	030	49.114.278	58.932.881
Total assets (1 + 5 + 10 + 14 + 17 + 21 + from 24 to 31)	031 032	- 25.462.886.508	9.200.000 27.833.877.845
Liabilities
Financial liabilities held for trading (from 34 to 38)	033	21.172	-
Derivatives	034	21.172	-
Short positions Deposits	035 036	- -	- -
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 Financial liabilities measured at amortised cost (from 44 to 46)	042 043	- 22.680.817.227	- 24.590.499.484
Deposits	044	22.561.546.458	24.496.075.533
Debt securities issued Other financial liabilities	045 046	- 119.270.769	- 94.423.951
Derivatives - hedge accounting	047	-	-
Fair value changes of the hedged items in portfolio hedge of interest rate risk	048	-	-
Provisions Tax liabilities	049 050	125.688.739 25.697.310	341.273.561 64.392.779
Share capital repayable on demand	051	-	-
Other liabilities Liabilities included in disposal groups classified as held for sale	052 053	151.759.203 -	180.966.028 -
Total liabilities (33 + 39 + 43 + from 47 to 53)	054	22.983.983.651	25.177.131.852
Equity
Initial capital	055	1.214.775.000	1.214.775.000
Share premium Equity instruments issued other than capital	056 057	- -	- -
Other equity instruments	058	-	-
Accumulated other comprehensive income Retained profit	059 060	264.974.555 204.798.039	240.193.702 297.151.162
Revaluation reserves	061	-	-
Other reserves	062	611.448.069	702.479.141
( - ) Treasury shares Profit or loss attributable to owners of the parent	063 064	(477.000) 183.384.194	(477.000) 202.623.988
(--) Interim dividends	065	-	-
Minority interests [non-controlling interests] Total equity (from 55 to 66)	066 067	- 2.478.902.857	- 2.656.745.993
Total equity and liabilities (54 + 67)	068	25.462.886.508	27.833.877.845

STATEMENT OF PROFIT AND LOSS for the period January 01, 2021 to December 31, 2021
Submitter: Hrvatska poštanska banka p.l.c.					in HRK
Item	AOP	Same period of the previous		Current period
	code	year Cumulative	Quarter	Cumulative	Quarter
1	2	3	4	5	6
Interest income (Interest expenses)	001 002	588.820.078 51.590.120	147.709.924 11.630.448	560.475.854 36.367.350	135.480.489 8.838.120
(Expenses on share capital repayable on demand) Dividend received Fees and commissions income	003 004 005	- 3.292.513 459.757.903	- 11.671 110.572.450	- 1.143.665 492.742.014	- 53.598 115.488.772
(Fees and commissions expenses) Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through	006	273.899.127	65.273.989	290.106.697	69.032.354
profit or loss, net	007	35.035.565	-	671.529	507
Gains or (-) losses on financial assets and liabilities held for trading, net	008	47.068.263	18.424.922	59.962.657	10.403.671
Gains or losses on non-trading financial assets mandatorily at fair value through profit or loss, net	009 010	(571.077) -	(787.789) -	30.491.412 -	53.461 -
Gains or (-) losses on financial assets and liabilities at fair value through profit or loss, net Gains or (-) losses from hedge accounting, net	011	-	-	-	-
Exchange rate differences [gain or (-) loss], net	012	(8.624.819)	(1.037.018)	(7.592.753)	(1.436.657)
Gains or (-) losses on derecognition of non-financial assets, net Other operating income	013 014	- 13.725.920	- 4.834.277	- 20.267.730	- 11.837.756
(Other operating expenses)	015	14.000.990	4.453.293	19.349.962	10.964.899
Total operating income, net (1 – 2 – 3 + 4 + 5 – 6 + from 7 to 14 – 15)	016	799.014.109	198.370.707	812.338.099	183.046.224
(Administrative expenses) (Contributions in cash rehabilitation committees and Deposit Insurance Schemes)	017 018	391.864.512 42.002.367	74.161.495 10.488.737	418.161.923 13.916.357	127.075.427 3.479.089
(Depreciation)	019	76.278.177	17.820.633	67.823.078	16.981.062
Modification gains or (-) losses, net	020	(3.386.347)	(2.550)	(4.328.639)	(2.350.084)
(Provisions or (-) reversal of provisions) (Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or	021 022	(61.671.217) 109.876.155	1.020.378 26.428.653	306.219 63.262.189	(20.428.201) 61.565.821
loss) (Impairment or (-) reversal of impairment of investments in subsidiaries, joint ventures and associates)	023	-	-	-	-
(Impairment or (-) reversal of impairment on non-financial assets) Negative goodwill recognised in profit or loss	024 025	8.711.610 -	8.711.610 -	(1.903.399) -	(1.903.399) -
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	228.566.158	59.736.651	246.443.093	(6.073.659)
(Tax expense or (-) income related to profit or loss from continuing operations)	029	45.181.964	10.892.924	43.819.105	(1.961.079)
Profit or (-) loss after tax from continuing operations (27 – 28)	030	183.384.194	48.843.727	202.623.988	(4.112.580)
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) Profit or ( – ) loss for the year (29 + 30; 34 + 35)	033	-	-	-	-
Attributable to minority interest [non-controlling interests]	034 035	183.384.194 -	48.843.727 -	202.623.988 -	(4.112.580) -
Attributable to owners of the parent	036	183.384.194	48.843.727	202.623.988	(4.112.580)
STATEMENT OF OTHER COMPREHENSIVE INCOME Income or (-) loss for the current year	037	- 183.384.194	- 48.843.727	- 202.623.988	- (4.112.580)
Other comprehensive income (38 + 50)	038	(82.538.216)	11.010.500	(24.780.852)	(18.042.638)
Items that will not be reclassified to profit or loss (from 39 to 45) + 48 + 49)	039	(4.199.151)	(2.373.526)	1.831.095	2.288.818
Tangible assets Intangible assets	040 041	(7.533.354) -	(4.199.151) -	6.411.028 -	6.411.028 -
Actuarial gains or (-) losses on defined benefit pension plans Fixed assets and disposal groups classified as held for sale	042 043	1.825.625 -	1.825.625 -	(2.968.225) -	(2.968.225) -
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 Gains or (-) losses from hedge accounting of equity instruments at fair value through other comprehensive	045	-	-	-	-
income, net Fair value changes of equity instruments measured at fair value through other comprehensive income	046	-	-	-	-
[hedged item] Fair value changes of equity instruments measured at fair value through other comprehensive income	047	-	-	-	-
[hedging instrument] Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their	048	-	-	-	-
credit risk	049	-	-	-	-
Income tax relating to items that will not be reclassified Items that may be reclassified to profit or loss (from 51 to 58)	050 051	1.508.578 (78.339.065)	- 13.384.026	(1.611.708) (26.611.947)	(1.153.985) (20.331.456)
Hedge of net investments in foreign operations [effective portion]	052	-	-	-	-
Foreign currency translation	053	-	-	-	-
Cash flow hedges [effective portion] Hedging instruments [not designated elements]	054 055	- -	- -	- -	- -
Debt instruments at fair value through other comprehensive income	056	(95.463.311)	16.394.117	(32.525.728)	(24.866.593)
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 associates	058	-	-	-	-
Income tax relating to items that may be reclassified to profit or (-) loss	059	17.124.246	(3.010.091)	5.913.781	4.535.137
Total comprehensive income for the current year (36 + 37; 60 + 61)	060	100.845.978	59.854.227	177.843.136	(22.155.218)
Attributable to minority interest [non-controlling interest] Attributable to owners of the parent	061 062	- 100.845.978	- 59.854.227	- 177.843.136	- (22.155.218)

for the period January 01, 2021 to December 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) (Fees and commissions paid)	003	-	-
(Operating expenses paid)	004 005	- -	- -
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 -	246.443.093 -
Impairment and provisions	010	174.933.719	67.897.047
Depreciation	011	76.278.177	67.823.078
	012	(73.479.009)	(91.125.598)
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)	(524.108.504)
Promjene u imovini i obvezama iz poslovnih aktivnosti
Deposits with the Croatian National Bank Deposits with financial institutions and loans to financial institutions	015	(280.916.192)	(107.284.615)
Loans and advances to other clients	016 017	258.280.921 (1.316.595.951)	- 496.539.424
Securities and other financial instruments at fair value through other comprehensive income	018	468.611.329	(470.382.081)
Securities and other financial instruments held for trading	019	(65.609.242)	171.790.050
Securities and other financial instruments at fair value through statement of profit or loss, not traded	020	-	50.800.000
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	1.524.413
Other assets from operating activities Deposits from financial institutions	023 024	3.106.512 105.943.541	(9.818.603) (78.058.830)
Transaction accounts of other clients	025	1.255.559.114	913.204.182
Savings deposits of other clients	026	720.175.408	1.918.206.578
Time deposits of other clients	027	(928.046.118)	(773.984.130)
Derivative financial liabilities and other liabilities held for trading	028	5.952.655	(24.867.990)
Other liabilities from operating activities	029	(2.589.926)	244.485.428
Interest received from operating activities [indirect method] Dividends received from operating activities [indirect method]	030 031	588.918.099 3.280.842	553.864.096 1.143.665
Interest paid from operating activities [indirect method]	032	(51.583.346)	(36.367.350)
(Income tax paid)	033	-	-
Net cash flow from operating activities (from 1 to 33)	034	635.825.049	2.617.723.353
Investing activities
Cash receipts from the sale / payments for the purchase of tangible and intangible assets Cash receipts from the sale / payments for the purchase of investments in branches, associates and joint	035	(60.106.596)	(63.211.292)
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	1.524.413
Other receipts/payments from investing activities Net cash flow from investing activities (from 35 to 39)	039	-	-
Financing activities	040	(57.779.685)	(61.686.879)
Net increase/(decrease) in loans received from financing activities	041	475.822.595	(44.838.724)
Net increase/(decrease) in debt securities issued	042	-	-
Net increase/(decrease) in Tier 2 capital instruments	043	-	-
Increase in share capital	044	-	-
(Dividends paid) Other receipts/(payments) from financing activities	045	-	-
Net cash flow from financing activities (from 41 to 46)	046 047	- 475.822.595	- (44.838.724)
Net increase/(decrease) of cash and cash equivalents (34 + 40 + 47)	048	1.053.867.959	2.511.197.750
Cash and cash equivalents at the beginning of period	049	3.046.578.558	4.091.821.698
Effect of exchange rate fluctuations on cash and cash equivalents	050	(8.624.819)	(7.592.753)
Cash and cash equivalents at the end of period (48 + 49 + 50)	051	4.091.821.698	6.595.426.695

STATEMENT OF CASH FLOW

STATEMENT OF CHANGES IN EQUITY for the period January 01, 2021 to December 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 Other items sive income		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	-	-	-		- -	92.353.123	-	91.031.072	-	(183.384.194)	-	-	-	1
Share based payments Other increase or ( - ) decrease of equity instruments	017 018	- -	- -	- -		- - - -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total comprehensive income for the current year	019	-	-	-		- (24.780.853)	-	-	-	-	202.623.988	-	-	-	177.843.135
Equity instruments increase or (-) decrease resulting from business combinations	020	-	-	-		- -	-	-	-	-	-	-	-	-	-
Closing balance [current period] (from 4 to 20)	021	1.214.775.000	-	-		- 240.193.702	297.151.162	-	702.479.141	(477.000)	202.623.988	-	-	-	2.656.745.993

Notes to financial statements
1) INTEREST INCOME				in HRK
AOP 001	Same period of the previous year 01.01.- 31.12.2020.			Current period 01.01. – 31.12.2021.
	Cumulative	Quarter	Cumulative	Quarter
Debt securities Loans and advances	81.200.505 507.302.008	19.781.506 127.826.178	72.516.026 487.949.750	16.735.784 118.744.492
Other assets Deposits	314.906 2.659	102.233 6	9.298 780	0 212
Other liabilities Total	0 588.820.078	0 147.709.924	0 560.475.854	0 135.480.489
2) INTEREST EXPENSE				in HRK
AOP 002	Same period of the previous year 01.01.- 31.12.2020.			Current period 01.01. – 31.12.2021.
Debt securities	Cumulative -	Quarter -	Cumulative 123.676,38	Quarter 123.676,38
Loans and advances Other assets	2.873.661 -	847.064 -	4.101.144 -	1.495.434 -
Deposits Other liabilities	47.526.635 1.189.824	10.310.102 473.282	32.077.254 65.276	7.162.359 56.651
Total	51.590.120	11.630.448	36.367.350	8.838.120
3) FEE AND COMMISSION INCOME				in HRK
AOP 005	Same period of the previous year 01.01.- 31.12.2020.			Current period 01.01. – 31.12.2021.
Securities	Cumulative 3.269.735	Quarter 3.037.509	Cumulative 3.023.066	Quarter 757.563
Asset management Custody [according to the type of client]	44.754 3.651.553	10.656 97.941	35.100 5.336.081	6.632 1.375.488
Loan commitments Other	72.553 452.719.307	13.757 107.412.587	25.465 484.322.302	4.283 113.344.806
Total	459.757.903	110.572.450	492.742.014	115.488.772
4) FEE AND COMMISSION EXPENSE	Same period of the previous year 01.01.-			in HRK
AOP 006	31.12.2020. Cumulative	Quarter	Cumulative	Current period 01.01. – 31.12.2021. Quarter
Bank clearing and settlement Other	1.726.624	454.600	1.936.040	397.663
Total	272.172.503 273.899.127	64.819.389 65.273.989	288.170.657 290.106.697	68.634.690 69.032.354
5) GAIN/LOSSES ON TERMINATION OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES				in HRK
AOP 007	Same period of the previous year 01.01.- 31.12.2020.			Current period 01.01. – 31.12.2021.
Debt securities	Cumulative 35.035.564,60	Quarter -	Cumulative -	Quarter -
Loans and advances Deposits	- -	- -	- -	- -
Debt Securities issued Other financial liabilities	- -	- -	- 671.529	- 507
Total	35.035.565	0	671.529	507
6) GAINS OR (-) LOSSES ON FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING				in HRK
AOP 008	Same period of the previous year 01.01.- 31.12.2020.			Current period 01.01. – 31.12.2021.
Equity instruments	Cumulative (770.953)	Quarter (770.953)	Cumulative 10.326.550	Quarter 1.868.962
Debt securities FX transactions and derivatives	(7.006.878) 54.846.094	5.373.210 13.822.665	(7.400.995) 57.037.101	(4.798.306) 13.333.015
Total	47.068.263	18.424.922	59.962.657	10.403.671
7) GAINS OR LOSSES ON NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS	Same period of the previous year 01.01.-
AOP 009	31.12.2020.			Current period 01.01. – 31.12.2021.
Equity instruments	Cumulative 0	Quarter 0	Cumulative 30.800.000	Quarter 0
Debt securities Loans and advances	0 (571.077)	0 (787.789)	0 (308.588)	0 53.461
Total	(571.077)	(787.789)	30.491.412	53.461
8) OPERATING EXPENSES	Same period of the previous year 01.01.-			in HRK
AOP 015 & AOP 017 & AOP 018	31.12.2020. Cumulative	Quarter	Cumulative	Current period 01.01. – 31.12.2021. Quarter
Other operating expenses Administrative expenses	14.000.990 391.864.512	4.453.293 74.161.496	19.349.961 418.161.923	10.964.898 127.075.427
Employee expenses	234.533.337	62.693.898	249.253.627	74.116.635
Other administrative expenses (Contributions in cash rehabilitation committees and Deposit Insurance Schemes)	158.494.839 42.002.367	44.144.892 10.488.737	168.908.296 13.916.357	52.958.792 3.479.089
Amortization Property, plant and equipment	76.278.176 43.473.575	17.820.632 20.611.707	67.823.078 42.643.529	16.981.063 10.551.196
Investment property Other intangible assets	- 32.804.602	- (2.791.073)	- 25.179.550	- 6.429.867
Total	524.146.046	106.924.158	519.251.320	158.500.477
9) IMPAIRMENT LOSSES AND PROVISION EXPENSES	Same period of the previous year 01.01.-			in HRK
AOP 019 & AOP 020 & AOP 021 & AOP 023	31.12.2020.			Current period 01.01. – 31.12.2021.
Modification gains or (-) losses, net	Cumulative (3.386.347)	Quarter (2.549)	Cumulative (4.328.639)	Quarter (2.350.084)
Financial assets at fair value through other comprehensive income Financial assets at amortized cost	- (3.386.347)	- (2.549)	- (4.328.639)	- (2.350.084)
(Provisions or (-) reversal of provisions) Liabilities towards resolution committees and deposit insurance systems	(61.671.217) -	1.020.378 -	306.219 -	(20.428.201) -
(Liabilities and Guarantees) (Other Provisions)	17.214.299 (78.885.516)	6.384.646 (5.364.268)	(16.209.564) 16.515.783	(20.877.744) 449.543
(Impairment or (-) reversal of impairment on financial assets that are not measured at fair value through profit or loss)	109.876.155	26.428.653	63.262.189	61.565.820
(Financial assets at fair value through other comprehensive income) (Financial assets at amortized cost)	577.174 109.298.981	(99.553) 26.528.206	6.409.709 56.852.480	8.141.886 53.423.934
(Impairment or (-) reversal of impairment off of investments in subsidiaries, joint ventures, and associates)	-	-	-	-
(Impairment or (-) reversal of impairment off non-financial assets)	8.711.610	8.711.611	(1.903.398)	(1.903.397)
(Property, plant and equipment) (Investment property) (Goodwill)	- 8.711.610 -	- 8.711.611 -	(1.791.199) (112.200) -	(1.791.199) (112.200) -
(Other intangible assets) (Other)	- -	- -	- -	- -
Total	60.302.895	36.163.191	65.993.648	41.584.305
10) LOANS AND ADVANCES
AOP 023	Stage 1	31.12.2020. Stage 2	Stage 3	Stage 1	31.12.2021. Stage 2
Central banks Gross loans	1.219.156.918 1.219.156.918	- -	- -	1.326.441.533 1.326.441.533	- -
Allowance Government	- 3.942.201.966	- 30.961.917	- 645	- 3.442.887.361	- 27.214.597
Gross loans Allowance	3.964.782.989 (22.581.024)	32.372.813 (1.410.896)	92.659 (92.014)	3.456.836.667 (13.949.306)	27.813.410 (598.813)
Credit institutuions Gross loans	368.510.087 57.300	- -	- -	277.890.317 117.158	- -
Allowance Deposits	27 368.996.913	- -	- -	(0) 278.323.532	- -
Allowance Other financial institutions	(544.154) 179.270.857	- 3.893	- -	(550.373) 170.320.447	- 122
Gross loans Allowance	168.686.297 (584.453)	3.983 (90)	- -	160.489.050 (2.059.031)	122 (0)
Deposits	11.262.954	-	-	12.188.549	-
Allowance Non - financial institutions	(93.941) 2.197.948.615	- 401.530.258	- 636.985.919	(298.121) 1.635.385.261	- 770.088.173
Gross loans Allowance	2.308.641.061 (110.692.446)	458.968.687 (57.438.429)	1.456.435.166 (819.449.247)	1.661.243.557	836.572.344 (25.858.296) (66.484.172)
Retail Gross loans	7.022.179.455 7.060.672.678	251.126.985 272.846.699	162.079.076 687.755.861	7.096.378.085 7.190.592.928	372.303.977 413.935.430
Allowance Total	(38.493.224) 14.929.267.898	(21.719.714) 683.623.053 -	(525.676.785) 799.065.640	13.949.303.005 1.169.606.868	(94.214.842) (41.631.453)
11) NON-TRADING FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS
AOP 013 Central banks	31.12.2020. -	31.12.2021. -
Local state Credit institutions	- -	- -
Other financial institutions Non - financial institutions	- 5.093.283	- 2.895.155
Retail	13.772.618	6.421.574
Total	18.865.901	9.316.729				in HRK Stage 3 - - - - 92.006 (92.006) - - - - - - - - - - 615.079.209 1.333.341.814 (718.262.605) 221.121.872 831.400.100 (610.278.228) 836.201.081 in HRK
12) DEPOSITS AOP 044	31.12.2020.	31.12.2021.
Government Local state	400.000.000 5.325.746.428	401.789.616 6.575.113.951
Credit institutions Other financial institutions	209.013.088 1.391.175.468	103.484.950 1.466.863.467				in HRK
Non - financial institutions Retail Total	3.161.262.055 12.074.349.419 22.561.546.458	3.598.925.458 12.349.898.092 24.496.075.533