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Hrvatska Poštanska Banka d.d.
Annual Report • Feb 24, 2025
2090_10-q_2025-02-24_9758df94-bd89-4a4f-8971-c030b488c5d0.pdf
Annual Report
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Investor information Unaudited financial statements February 2025 12M 2024
Limitation of liability
- The information and data contained in this presentation are intended as general background information on Hrvatska poštanska banka p.l.c. (hereinafter referred to as the Bank or HPB) and its activities. They are provided in summary form and therefore do not necessarily represent complete information. 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," "estimates," "potential" or "continues" and similar expressions typically identify forwardlooking 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, forward-looking statements cannot be guaranteed. Accordingly, we cannot guarantee the realization of such forward-looking statements, nor should full reliance be placed on such forward-looking statements. Many factors may affect our results of operations, financial conditions, liquidity, and developments in the industry in which we operate, and these may 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 related 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, and therefore HPB hereby expressly makes no representation of warranty of any kind including, but not limited to the accuracy, completeness or reliability of the information and data provided. This presentation is for information purposes only and does not contain a recommendation to buy or sell or an offer to sell or subscribe for shares, nor does it constitute an invitation to make an offer to sell shares.
- This presentation has been prepared and the information in it has been checked with the greatest possible care. Nevertheless, rounding and transmission cannot be excluded. When adding up rounded amounts and percentages, differences may appear.
| Type and name of prescribed information: | Financial statements for the period 1.1.2024 - 31.12.2024, HPB p.l.c. 12M 2024 Investor information and unaudited financial statements for the period 1.1.2024 - 31.12.2024 |
|---|---|
| Issuer name, headquarter and address: | Hrvatska poštanska banka p.l.c., Jurišićeva ulica 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: | Zagreb Stock Exchange, Official market |
In accordance with the Capital Markets Act, Hrvatska poštanska Banka p.l.c. (hereinafter referred to as the Bank or HPB), publishes unaudited unconsolidated financial statements for the period from January 1 to December 31, 2024.
Original and official report is published in Croatian.
The report includes:
- Management report of HPB p.l.c.,
- Statement by persons responsible for compiling the report of HPB p.l.c.,
- Unaudited set of unconsolidated financial statements (balance sheet, profit or loss statement, statement of changes in equity, cash flow statement), and
- Notes to the financial statements.
Statement of the President of the Management Board
On the occasion of releasing the annual financial results for 2024, Marko Badurina, President of the Management Board of Hrvatska poštanska banka, stated:
"The year behind us has marked the turning point of HPB's growth and development. By using an agile approach to opportunities we've managed to achieve record growth and profitability and have entered the top 5 largest banks in Croatia!
HPB's market position is strengthened, especially with regard to operating profit and revenue. Meanwhile, overall profitability is still above average in historical terms.
I'm extremely proud of our HPB team which is proving time and again that it is ready for biggest challenges. We will also continue to be reliable support and a desirable partner to Croatian entrepreneurs and citizens.
In any event, HPB is not "standing at a crossroads" anymore, but is continuing to achieve success after success in line with our strategy of growth and profitability. Focus in 2025 will remain on further strengthening of the market position, through innovation, intensifying digital enhancements and solutions and on business endeavors which will secure long term sustainability and competitive edge."
Bank dedicated to clients, shareholders and the community
from 31.12.2023
ranking among banks in SEE region by asset size**
ranking among banks in Croatia by asset size*
as of 31.12.2023
578 k
number of clients/users of HPB banking services
as of 31.12.2024
170 k
number of clients/users of HPB mobile services
as of 31.12.2024
∆ 2024
6
+70% HPB market capitalization increase
At the end of 2024, a decision was made to make a significant investment in the Bank's application environment to meet future banking market requirements, create one of the key preconditions for future growth, and achieve long-term strategic goals.
* Source: CNB statistics, SV1 Data on the operations of credit institutions ** www.seenews.com/top100/banks
We are creating conditions for a better life in Croatia
Solid foundations for sustainable growth and long-term value creation
* Profit and loss account positions in this presentation for the period 2021-2022 are presented on stand alone basis, while for 2023 include the result of HPB on a stand-alone basis including the result of Nova hrvatska banka for the period from integration till reporting date (3.7.2023 – 30.9.2023) and for 2024 includes the result of integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023
** The balance sheet positions in this presentation on the reporting dates 31.12.2021 and 31.12.2022 show the result of HPB on a stand-alone basis, while the reporting dates 31.12.2023 and 31.12.2024 include results of an integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023
Source: Management report
7
Trading data for HPB share, www.zse.hr
The fastest growing bank in Croatia Total assets grew by EUR +0.5 bn in Q4 2024
25.3% 20.1% 17.7% 10.7% 9.0% 8.3% 20.7 16.5 14.5 8.7 7.3 6.8 Share 30. 9. 2024 (EUR bn) # 5
Base index = 2021
HPB in the TOP 5 banks by total assets.
Total assets
Macroeconomic indicators
* Total value of financial investment transactions during the year compared to the same period last year, according to current prices.
Annual growth of operating profit over 20%
| Profit and loss account (EUR mn) |
12M 2023* | 12M 2024* | Y-o-Y | Y-o-Y % | |
|---|---|---|---|---|---|
| Net interest income | 146.3 | 178.3 | 32.0 | 21.9 | |
| Net fee and commission income | 29.3 | 35.4 | 6.0 | 20.5 | |
| Net other income | 7.6 | 7.6 | 0.0 | 0.4 | |
| Operating income | 183.3 | 221.3 | 38.0 | 20.7 | |
| Employee expenses | (44.2) | (55.7) | 11.5 | 26.1 | |
| Administrative expenses | (38.7) | (43.6) | 4.9 | 12.6 | |
| Depreciation | (8.7) | (10.2) | 1.5 | 17.1 | |
| Operating expenses | (91.6) | (109.5) | 17.9 | 19.6 | |
| Operating profit | 91.7 | 111.8 | 20.1 | 21.9 | |
| Provisions | 2.3 | (21.7) | (24.0) | ||
| Tax | (13.4) | (16.5) | 3.1 | 23.1 | |
| Profit after tax | 80.6 | 73.6 | (7.0) | (8.7) |
* 12M of 2023 include the result of HPB on a stand-alone basis including the result of Nova hrvatska banka for the period from integration till reporting date (3.7.2023 – 31.12.2023) and 12M of 2024 includes the result of integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023
- A significant annual increase in net interest income of EUR 32 mn (+22%) was achieved due to a higher volume of liquid assets and a higher average reference interest rate on deposits with central banks.
- Net fee and commission income continues its growth trend, increasing by EUR 6.0 mn (+21%) in the observed period, driven by higher income in the retail segment and cost savings in the card business and FINA segments.
- The increase in employee expenses due to the integration of Nova hrvatska banka in mid-2023 and the enhancement of material rights in 2024, along with inflationary pressures on labour and service costs, resulted in an EUR 18 mn increase in operating expenses.
- The cost-to-income ratio remained below 50%.
- The movement of Stage 1 & 2 provisions in 2024 was marked by the migration of part of the portfolio from Stage 1 to Stage 2 in accordance with the Bank's prudent risk management approach, reflecting the deterioration of macroeconomic indicators in key export markets. In the non-performing loan portfolio, effective collection, primarily in the corporate segment, exceeded the effects of new entries into the NPL portfolio after the operational merger.
→ net interest income the main driver of operating profit
Above-average profitability while strengthening operating business
Growth in all categories of operating income
Operating income
Expenses in a function of maket share growth
Operating expenses
Lowest NPL ratio in the Bank's history of 3.0%
NPL coverage remained above the market average
- Although there was no delay in the repayment, performing portfolio was marked by the migration of a portion of placements from Stage 1 to Stage 2 in accordance with a prudent risk management approach.
- Efficient collection, write-offs of a part of non-performing exposures and the positive impact of performing loans resulted in the lowest NPL ratio in the Bank's history. Provisions for nonperforming loans (Stage 3) are, compared to the previous period, on expected level, considering all effects of the legal and operational merger and one-off effects of the change in methodology in 2024.
- Other reservations refer primarily to legal cases.
Market - NPL ratio, %
** Data as of September 30, 2024, source: CNB statistics, SV2 Selected indicators of the structure, concentration and operations of credit institutions
16 Source: Management report
Continued above-average asset growth driven by strong Q4
| Balance sheet (EUR mn) |
31.12.2023 | 31.12.2024 | YTD | YTD % |
|---|---|---|---|---|
| Cash and cash equivalents | 3,103 | 3,799 | 696 | 22.4 |
| Securities and other financial | 915 | 1,104 | 189 | 20.6 |
| instruments Net loans and advances |
2,908 | 2,866 | (43) | (1.5) |
| Other assets | 120 | 114 | (5) | (4.5) |
| Total assets | 7,046 | 7,882 | 836 | 11.9 |
| Deposits | 5,929 | 6,738 | 809 | 13.7 |
| Loan liabilities | 468 | 444 | (24) | (5.1) |
| Other liabilities | 115 | 140 | 25 | 21.6 |
| Total liabilities | 6,512 | 7,323 | 810 | 12.4 |
| Total equity and reserves | 534 | 560 | 26 | 4.9 |
- The excess liquidity from collected deposits on the asset side was reflected in an increase in cash and cash equivalents and investment in securities and other financial instruments (mainly bonds and treasury bills of the Republic of Croatia) following a further decrease in market reference rates.
- Loan portfolio without significant fluctuations, with significantly improved portfolio quality and a historically lowest NPL ratio of 3.0%, bringing the Bank closer to the average of credit institutions in Croatia.
- Deposits recorded growth across all business segments (EUR +530 mn in Q4 2024), with term deposits showing an annual increase of 17.1%, primarily driven by the effect of attractive interest rates on Super Štednja, while a vista deposits recorded an annual growth of 11.7%.
- Loan liabilities relate to MREL instruments and loans received from financial institutions (HBOR, CNB repo placements, and foreign financial institutions), while the decrease is due to regular repayments.
Total assets grew by almost a billion euros year-on-year (EUR +544 mn in Q4 2024).
→ the growth of the deposit base (+ 13.7%) forms a strong foundation for further development
Exceptional liquidity position due to growing deposits
18 Source: Management report
Strong fundamentals provides the potential for growth
Improved quality of gross loan portfolio In 2024, EUR 1.4 bn of new loans were approved and utilized
2,875 (91.9 %) 254 (8.1 %) 31.12.2023 -21 Corporate, public sector and financial market -48 SME -12 Retail 2,858 (93.8 %) 190 (6.2 %) 31.12.2024 Stage 1 and 2 Stage 3 3,129 3,047 -2.6 % 32.9% 33.0% 13.9% 12.7% 53.2% 54.3% (EUR mn) Stage 1 and 2 Stage 3 Gross loans Gross loans
Gross loans share 31.12.2023 Gross loans share 31.12.2024
20 Source: Management report
Deposit base expansion with steady growth of a vista and term deposits Super Štednja balance od EUR 1.3 bn as of 31.12.2024
Deposit share 31.12.2023 Deposit share 31.12.2024
Low-risk securities portfolio
*Securities are presented in nominal amount
The securities portfolio consists of 81.3% bonds, with government bonds covering 76.7% of the total portfolio as the most significant investment.
Moderate RWA growth
RWA development (EUR mn)
Continuous strengthening of capital base
Regulatory capital and MREL eligible instruments development
-150
-100
-50
0
50
Capitalization indicators slightly decreased compared to the previous year, in line with the decision on dividend payout from a part of retained earnings for 2023.
0
100
200
300
400
500
600
700
800
900
1,000
1,100
1,200
Diversified loan portfolio with a stable structure
Corporate gross loans structure per industry, %
26 Source: Management report, according to National Classification of Activities (NKD)
HPB share outperformed relevant market indices
HPB share price movement index and CROBEX, EURO STOXX and EURO STOXX Banks indices
Ownership structure 31.12.2024
For the second year in a row and for the third time in its history, HPB pays out a dividend. In 2024, a EUR 23.90 dividend was voted in two equal parts of EUR 11.95. The first part was paid on January 7, 2025, the second will be paid on June 26, 2025.
Sustainable business in 2024
Sustainable business in 2024
Achievements and awards in 2024
Zlatna Kuna - Croatian Chamber of Commerce award for the most successful bank in 2023 (October 2024)
Best Buy Award medal for HPB SUPER ŠTEDNJA in the category "Bank that offers the best price-quality ratio on the Croatian market when it comes to savings options".
HPB Bond plus – declared the best fund in 2023 in the conservative mixed fund category by the Association of Investment and Pension Fund Management Companies of the Croatian Chamber of Commerce
#BeCRO active as part of the European Week of Sport project, in the Workplace category modeled after the European Commission's #BeActive Awards
The company is a friend of health – a certificate from the Croatian Institute of Public Health as confirmation of caring for the health of its employees and clients and the purchase of automated external defibrillators (AEDs) for the Bank's business network
The Bank's LinkedIn community exceeded 10,000 followers in 2024 - TOP4 banks in Croatia
Abbreviations
| Abbreviation | Definition |
|---|---|
| CAR | Capital Adequacy Ratio |
| CBRD | Croatian Bank for Reconstruction and Development |
| CET 1 | Common Equity Tier 1 |
| CIR | Cost-to-income ratio |
| CNB | Croatian National Bank |
| CROBEX | Croatian Benchmark Stock Exchange Index |
| ECB | European Central Bank |
| ESG | Environmental, Social and Governance |
| GDP | Gross Domestic Product |
| HICP | Harmonised index of consumer prices |
| HPB | Hrvatska poštanska banka |
| ISIN | International Securities Identification Number |
| LCR | Liquidity Coverage Ratio |
| MREL | Minimum Requirement for Own Funds and Eligible Liabilities |
| NSFR | Net Stabile Funding Ratio |
| Q | Quarter |
| ROAE | Return on Average Equity |
| RWA | Risk-Weighted Assets |
| SEE | South East Europe |
| Stage 1 and 2 |
Performing Loans |
| Stage 3 or NPL |
Non-Performing Loans |
| Y-o-Y | Year-over-Year |
| YTD | Year to Date |
| 12M | Twelve-month period |
Indicies calculation
| Indicator | Calculation |
|---|---|
| Liquidity coverage ratio (LCR) | The ratio of liquid assets to net liquidity outflow |
| NPL coverage | Ratio of accumulated impairments for non-performing loans to total non-performing loans |
| NPL ratio | Ratio of non-performing loans to total loans |
| Net stable funding ratio (NSFR) | Ratio of the available amount of stable funding relative to the required amount of stable funding |
| Loan to deposit ratio | Ratio of net loans to deposits as of the reporting date |
| Cost to income ratio (CIR) | Operating cost to net operating income ratio Ratio of annualized profit for the current year to average equity (arithmetic mean of the balance in equity at the end of the reporting period and the |
| Return on average equity (ROAE) | balance in equity at the end of the previous year) |
| Common Equity Tier 1 (CET 1) | Common Equity Tier 1 (CET1) capital to risk-weighted assets (RWA) ratio |
Statement by persons responsible for compiling the report of HPB p.l.c.
In accordance with the Capital Market Act, the Management Board of HPB p.l.c., states that according to their best knowledge the set of unaudited unconsolidated financial statements for the period from January 1 to December 31, 2024, 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.
On behalf of HPB p.l.c.:
Marko Badurina Tadija Vrdoljak President of the Management Board Member of the Management Board
Ivan Soldo Josip Majher
Anto Mihaljević Member of the Management Board
Member of the Management Board Member of the Management Board
Management report of HPB p.l.c.
Management report of Hrvatska poštanska Banka p.l.c. for the period from January 1 to December 31, 2024, is contained in the previous section of this material.
Marko Badurina Tadija Vrdoljak
Ivan Soldo Josip Majher
Anto Mihaljević Member of the Management Board
President of the Management Board Member of the Management Board
Member of the Management Board Member of the Management Board
We are creating conditions for a better life in Croatia.
HEADQUARTER Address: Jurišićeva ulica 4 Telephones: 072 472 472 Fax: +385 1 4810 773
E-mail: [email protected]
| Annex 1 | ISSUER'S GENERAL DATA | ||||
|---|---|---|---|---|---|
| Reporting period: | 1.1.2024. | to | 31.12.2024. | ||
| Year: | 2024 | ||||
| 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 ULICA 4 | ||||
| E-mail address: | [email protected] | ||||
| Web address: | www.hpb.hr | ||||
| Number of employees (end of the reporting |
1695 | ||||
| Consolidated report: | KN | (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: | |||
| Yes No |
|||||
| Bookkeeping firm: | No | (Yes/No) | (name of the bookkeeping firm) | ||
| Contact person: Tea Bažant | |||||
| (only name and surname of the contact person) Telephone: 014804670 |
|||||
| E-mail address: [email protected] | |||||
| Audit firm: | |||||
| Certified auditor: | (name of the audit firm) | ||||
| (name and surname) |
BALANCE SHEET balance as at 31.12.2024.
| Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c. | in EUR | ||
|---|---|---|---|
| Item | ADP code |
Last day of the preceding business year |
Current period |
| 1 | 2 | 3 | 4 |
| Assets Cash, cash balances at central banks and other demand deposits (from 2 to 4) |
001 | 3,103,793,849 3,798,721,069 | |
| Cash in hand | 002 | 136,782,367 | 133,826,421 |
| Cash balances at central banks | 003 | 2,957,462,257 3,654,552,643 | |
| Other demand deposits | 004 | 9,549,225 | 10,342,005 |
| Financial assets held for trading (from 6 to 9) | 005 | 54,809,698 | 66,015,020 |
| Derivatives Equity instruments |
006 007 |
612,632 14,348,314 |
0 27,486,733 |
| Debt securities | 008 | 39,848,752 | 38,528,287 |
| Loans and advances | 009 | 0 | 0 |
| Non-trading financial assets mandatorily at fair value through profit or loss (from 11 to 13) |
010 | 490,500 | 498,236 |
| Equity instruments | 011 | 0 | 0 |
| Debt securities Loans and advances |
012 013 |
0 490,500 |
0 498,236 |
| Financial assets at fair value through profit or loss (15 + 16) | 014 | 0 | 0 |
| Debt securities | 015 | 0 | 0 |
| Loans and advances | 016 | 0 | 0 |
| Financial assets at fair value through other comprehensive income (from 18 to 20) |
017 | 4,394,287 | 5,462,269 |
| Equity instruments Debt securities |
018 | 4,394,287 | 5,462,269 |
| Loans and advances | 019 020 |
0 0 |
0 0 |
| Financial assets at amortised cost (22 + 23) | 021 | 3,786,154,629 3,918,998,979 | |
| Debt securities | 022 | 855,856,956 1,032,259,212 | |
| Loans and advances | 023 | 2,930,297,673 2,886,739,767 | |
| Derivatives - hedge accounting Fair value changes of the hedged items in portfolio hedge of interest rate |
024 025 |
0 0 |
0 0 |
| risk | |||
| Investments in subsidiaries, joint ventures and associates Tangible assets |
026 027 |
1,295,487 60,791,774 |
1,495,487 55,596,992 |
| Intangible assets | 028 | 14,601,447 | 14,910,720 |
| Tax assets | 029 | 5,316,953 | 4,422,971 |
| Other assets | 030 | 14,404,364 | 16,477,617 |
| Fixed assets and disposal groups classified as held for sale | 031 | 0 | 0 |
| Total assets (1 + 5 + 10 + 14 + 17 + 21 + from 24 to 31) Liabilities |
032 | 7,046,052,988 7,882,599,360 | |
| Financial liabilities held for trading (from 34 to 38) | 033 | 16,165 | 541,807 |
| Derivatives | 034 | 16,165 | 541,807 |
| Short positions | 035 | 0 | 0 |
| Deposits Debt securities issued |
036 037 |
0 0 |
0 0 |
| Other financial liabilities | 038 | 0 | 0 |
| Financial liabilities at fair value through profit or loss (from 40 to 42) | 039 | 0 | 0 |
| Deposits | 040 | 0 | 0 |
| Debt securities issued | 041 | 0 | 0 |
| Other financial liabilities | 042 | 0 | 0 |
| Financial liabilities measured at amortised cost (from 44 to 46) Deposits |
043 044 |
6,418,350,046 7,243,897,851 6,397,218,638 7,182,370,233 |
|
| Debt securities issued | 045 | 0 | 0 |
| Other financial liabilities | 046 | 21,131,408 | 61,527,618 |
| Derivatives - hedge accounting | 047 | 0 | 0 |
| Fair value changes of the hedged items in portfolio hedge of interest rate risk Provisions |
048 | 0 | 0 |
| Tax liabilities | 049 050 |
41,571,561 7,508,138 |
41,400,648 6,048,067 |
| Share capital repayable on demand | 051 | 0 | 0 |
| Other liabilities | 052 | 44,870,183 | 30,893,121 |
| Liabilities included in disposal groups classified as held for sale Total liabilities (33 + 39 + 43 + from 47 to 53) |
053 054 |
0 | 0 6,512,316,093 7,322,781,494 |
| Equity | |||
| Capital | 055 | 161,970,000 | 161,970,000 |
| Share premium | 056 | 0 | 0 |
| Equity instruments issued other than capital Other equity |
057 058 |
0 0 |
0 0 |
| Accumulated other comprehensive income | 059 | 8,645,102 | 9,482,965 |
| Retained profit | 060 | 194,508,595 | 225,426,381 |
| Revaluation reserves | 061 | 0 | 0 |
| Other reserves ( – ) Treasury shares |
062 063 |
87,998,143 0 |
89,306,875 0 |
| Profit or loss attributable to owners of the parent | 064 | 80,615,055 | 73,631,645 |
| (-–) Interim dividends | 065 | 0 | 0 |
| Minority interests [non-controlling interests] | 066 | 0 | 0 |
| Total equity (from 55 to 66) Total equity and liabilities (54 + 67) |
067 068 |
533,736,895 | 559,817,866 7,046,052,988 7,882,599,360 |
STATEMENT OF PROFIT OR LOSS for the period 01.01.2024. to 31.12.2024.
Attributable to owners of the parent
Cumulative Quarter Cumulative Quarter 2 3 4 5 6 001 172,024,623 59,907,715 261,111,178 65,715,561 002 26,248,803 13,845,576 83,387,065 22,177,668 003 0 0 0 0 004 983,998 5,620 224,832 6,406 005 71,144,260 17,775,724 76,788,658 19,316,238 006 41,786,385 10,201,362 41,416,559 10,874,959 007 48,460 40,520 0 0 008 6,458,100 3,431,364 5,348,492 1,609,635 009 202,518 527 56,309 55,246 010 0 0 0 0 011 0 0 0 0 012 -1,044,303 -577,843 606,745 295,952 013 0 0 0 0 014 18,970 213 1,394,753 1,315,403 015 7,671,345 1,180,901 3,127,217 -7,057 016 4,441,421 1,719,754 2,711,646 610,470 017 185,031,362 55,998,049 221,142,914 54,644,287 018 77,899,213 24,831,557 95,583,659 25,920,110 019 1,614,947 1,552,447 0 0 020 11,838,680 3,753,610 13,289,523 3,203,093 021 -423,864 96,443 -557,819 -195,352 022 -5,364,485 -639,135 7,759,334 5,474,494 023 1,926,399 5,713,265 13,806,018 4,119,923 024 0 0 0 0 025 2,664,464 2,664,464 0 0 026 0 0 0 0 027 0 0 0 0 028 0 0 0 0 029 94,028,280 18,218,284 90,146,561 15,731,315 030 13,413,225 3,080,443 16,514,916 3,404,173 031 80,615,055 15,137,841 73,631,645 12,327,142 032 0 0 0 0 033 0 0 0 0 034 0 0 0 0 035 80,615,055 15,137,841 73,631,645 12,327,142 036 0 0 0 0 037 80,615,055 15,137,841 73,631,645 12,327,142 038 80,615,055 15,137,841 73,631,645 12,327,142 039 624,407 224,106 837,863 744,526 040 624,407 224,106 837,863 744,526 041 0 0 0 0 042 0 0 0 0 043 0 0 0 0 044 0 0 0 0 045 0 0 0 0 046 707,640 307,339 1,075,616 907,958 047 0 0 0 0 048 0 0 0 0 049 0 0 0 0 050 0 0 0 0 051 -83,233 -83,233 -237,753 -163,432 052 0 0 0 0 053 0 0 0 0 054 0 0 0 0 055 0 0 0 0 056 0 0 0 0 057 0 0 0 0 058 0 0 0 0 059 0 0 0 0 060 0 0 0 0 061 81,239,462 15,361,947 74,469,508 13,071,668 062 0 0 0 0 Income tax relating to items that may be reclassified to profit or (-) loss Total comprehensive income for the current year (38 + 39; 62 + 63) Attributable to minority interest [non-controlling interest] STATEMENT OF OTHER COMPREHENSIVE INCOME Foreign currency translation Cash flow hedges [effective portion] Hedging instruments [not designated elements] Debt instruments at fair value through other comprehensive income Fixed assets and disposal groups classified as held for sale Share of other recognised income and expense of investments in subsidiaries, joint ventures and associates Fair value changes of equity instruments measured at fair value through Fair value changes of equity instruments measured at fair value through Fair value changes of financial liabilities measured at fair value through profit or loss attributable to changes in their credit risk Income tax relating to items that will not be reclassified Items that may be reclassified to profit or loss (from 53 to 60) Item ADP code Same period of the previous year Current period 1 Hedge of net investments in foreign operations [effective portion] Intangible assets Actuarial gains or (-) losses on defined benefit pension plans Fixed assets and disposal groups classified as held for sale Share of other recognised income and expense of entities accounted for using the equity method 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 Attributable to owners of the parent Income or (-) loss for the current year Other comprehensive income (40+ 52) Items that will not be reclassified to profit or loss (from 41 to 47 + 50 + 51) Tangible assets Attributable to minority interest [non-controlling interests] (Impairment or (-) reversal of impairment on non-financial assets) Negative goodwill recognised in profit or loss Share of the profit or (-) losses of investments in subsidiaries, joint ventures and associates accounted for using the equity method Profit or (-) loss from fixed assets and disposal groups classified as held for sale not qualifying as discontinued operations Profit or (-) loss before tax from continuing operations (17 – 18 to 20 + 21 from 22 to 25 + from 26 to 28) (Tax expense or (-) income related to profit or loss from continuing operations) Profit or (-) loss after tax from continuing operations (29 – 30) Profit or (-) loss after tax from discontinued operations (33 – 34) Profit or (-) loss before tax from discontinued operations (Tax expense or (-) income related to discontinued operations) Profit or ( – ) loss for the year (31 + 32; 36 + 37) (Impairment or (-) reversal of impairment of investments in subsidiaries, joint ventures and associates) Gains or (-) losses on derecognition of of investments in subsidiaries, joint ventures and associates, net Gains or (-) losses on derecognition of non-financial assets, net Other operating income (Other operating expenses) Total operating income, net (1 – 2 – 3 + 4 + 5 – 6 + from 7 to 15 – 16) (Administrative expenses) (Cash contributions to resolution boards and deposit guarantee schemes) (Depreciation) Modification gains or (-) losses, net (Provisions or (-) reversal of provisions) (Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss) Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c. Exchange rate differences [gain or (-) loss], net Interest income (Interest expenses) (Expenses on share capital repayable on demand) Dividend income Fees and commissions income (Fees and commissions expenses) Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net Gains or (-) losses on financial assets and liabilities held for trading, net Gains or losses on non-trading financial assets mandatorily at fair value through profit or loss, net Gains or (-) losses on derecognition of financial assets and liabilities at fair value through profit or loss, net Gains or (-) losses from hedge accounting, net
063 81,239,462 15,361,947 74,469,508 13,071,668
in EUR
STATEMENT OF CASH FLOW
for the period 01.01.2024 to 31.12.2024.
in EUR
| Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c. | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Item | ADP code |
Same period of the previous year |
At the reporting date of the current period |
||||||
| 1 | 2 | 3 | 4 | ||||||
| Operating activities - direct method | |||||||||
| Interest received and similar receipts | 001 | 0 | 0 | ||||||
| Fees and commissions received | 002 | 0 | 0 | ||||||
| (Interest paid and similar expenditures) | 003 | 0 | 0 | ||||||
| (Fees and commissions paid) | 004 | 0 | 0 | ||||||
| (Operating expenses paid) Net gains/losses from financial instruments at fair value through |
005 | 0 | 0 | ||||||
| statement of profit or loss | 006 | 0 | 0 | ||||||
| Other receipts | 007 | 0 | 0 | ||||||
| (Other expenditures) | 008 | 0 | 0 | ||||||
| Operating activities - indirect method | |||||||||
| Profit/(loss) before tax | 009 | 94,028,280 | 90,146,561 | ||||||
| Adjustments: | 0 | 0 | |||||||
| Impairment and provisions | 010 | -349,758 | 22,123,171 | ||||||
| Depreciation Net unrealised (gains)/losses on financial assets and liabilities at fair |
011 | 11,838,680 | 13,289,523 | ||||||
| value through statement of profit or loss | 012 | -4,433,078 | -5,404,801 | ||||||
| (Profit)/loss from the sale of tangible assets | 013 | 0 | -1,394,753 | ||||||
| Other non-cash items | 014 | -145,715,515 | -178,555,690 | ||||||
| Changes in assets and liabilities from operating activities | |||||||||
| Deposits with the Croatian National Bank | 015 | 0 | 0 | ||||||
| Deposits with financial institutions and loans to financial institutions | 016 | 0 | 0 | ||||||
| Loans and advances to other clients | 017 | 425,370,983 | 43,557,906 | ||||||
| Securities and other financial instruments at fair value through other comprehensive income |
018 | 0 | -1,067,982 | ||||||
| Securities and other financial instruments held for trading | 019 | -95,420 | -11,205,322 | ||||||
| Securities and other financial instruments at fair value through statement of profit or loss, not traded |
020 | 0 | 0 | ||||||
| Securities and other financial instruments mandatorily at fair value through statement of profit or loss |
021 | 417,693 | -7,736 | ||||||
| Securities and other financial instruments at amortised cost | 022 | -57,295,990 | -176,402,256 | ||||||
| Other assets from operating activities | 023 | -1,460,850 | -2,073,253 | ||||||
| Deposits from financial institutions | 024 | 60,383,971 | 209,716,508 | ||||||
| Transaction accounts of other clients | 025 | 894,102,619 | 399,294,389 | ||||||
| Savings deposits of other clients | 026 | -385,324,934 | -18,777,473 | ||||||
| Time deposits of other clients Derivative financial liabilities and other liabilities held for trading |
027 028 |
469,743,840 -70,801 |
219,561,983 525,642 |
||||||
| Other liabilities from operating activities | 029 | -10,216,511 | -28,033,263 | ||||||
| Interest received from operating activities [indirect method] | 030 | 172,024,623 | 261,111,178 | ||||||
| Dividends received from operating activities [indirect method] | 031 | 983,998 | 224,832 | ||||||
| Interest paid from operating activities [indirect method] | 032 | -26,248,803 | -83,387,065 | ||||||
| (Income tax paid) | 033 | 0 | -17,081,005 | ||||||
| Net cash flow from operating activities (from 1 to 33) | 034 | 1,497,683,027 | 736,161,094 | ||||||
| Investing activities | |||||||||
| Cash receipts from the sale / payments for the purchase of tangible and intangible assets |
035 | -9,359,869 | -11,112,070 | ||||||
| Cash receipts from the sale / payments for the purchase of investments in branches, associates and joint ventures |
036 | 0 | -200,000 | ||||||
| Cash receipts from the sale / payments for the purchase of securities and other financial instruments held to maturity |
037 | 0 | 0 | ||||||
| Dividends received from investing activities | 038 | 0 | 0 | ||||||
| Other receipts/payments from investing activities Net cash flow from investing activities (from 35 to 39) |
039 040 |
147,986,942 138,627,073 |
0 -11,312,070 |
||||||
| Financing activities | |||||||||
| Net increase/(decrease) in loans received from financing activities | 041 | 151,100,976 | -24,643,812 | ||||||
| Net increase/(decrease) in debt securities issued | 042 | 0 | 0 | ||||||
| Net increase/(decrease) in Tier 2 capital instruments | 043 | 0 | 0 | ||||||
| Increase in share capital | 044 | 0 | 0 | ||||||
| (Dividends paid) | 045 | 0 | -5,284,271 | ||||||
| Other receipts/(payments) from financing activities | 046 | 0 | 0 | ||||||
| Net cash flow from financing activities (from 41 to 46) Net increase/(decrease) of cash and cash equivalents (34 + 40 + 47) |
047 048 |
151,100,976 1,787,411,076 |
-29,928,083 694,920,941 |
||||||
| Cash and cash equivalents at the beginning of period | 049 | 1,316,506,298 | 3,103,793,849 | ||||||
| Effect of exchange rate fluctuations on cash and cash equivalents | 050 | -123,525 | 6,279 | ||||||
| Cash and cash equivalents at the end of period (48 + 49 + 50) | 051 | 3,103,793,849 | 3,798,721,069 |
STATEMENT OF CHANGES IN EQUITY
to31.12.2024 for the period from
| Attr ibut able of the to t own ers pa ren |
Non lling int ntro st -co ere |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sou s of uity ch rce eq ang es |
ADP cod e |
Equ ity |
Sha re pre miu m |
Equ ity inst ent rum s issu ed o the r tha pita l n ca |
Oth quit er e y |
Acc ulat ed um oth er hen si com pre ve i nco me |
Reta ined prof it |
Rev alua tion rese rves |
Oth er rese rves |
( ) T reas ury sha res |
Prof it or ( - ) loss attri buta ble to of th own ers e nt pare |
(-) In terim divi den ds |
Acc ulat ed um oth er hen si com pre ve i nco me |
Oth er i tem s |
Tot al |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |
| Ope ning ba lanc e [b efo esta tem ent ] re r |
001 | 161 ,970 ,000 |
0 | 0 | 0 | 8,6 45, 102 |
194 ,508 ,594 |
0 | 87, 998 ,14 4 |
0 | 80, 615 ,05 5 |
0 | 0 | 0 | 533 ,736 ,895 |
| Effe of e ions cts rect rror cor |
002 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Effe cts of c han in ting licie ges acc oun po s |
003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ope ning ba lanc e [c nt p erio d] ( 1 + 2 + 3) urre |
004 | 161 ,970 ,000 |
0 | 0 | 0 | 8,64 5,10 2 |
194 ,508 ,595 |
0 | 87,9 98,1 44 |
0 | 80,6 15,0 55 |
0 | 0 | 0 | 533 ,736 ,896 |
| Ord inar y sh iss ares ue |
005 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre fere sha issu nce res e |
006 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Issu e of oth quit y in stru ts er e men |
007 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exe rcis pira tion of oth quit y in stru ts e o r ex er e men issu ed |
008 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Con ion of r viab les quit y in to e stru ts vers ece men |
009 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cap ital red ion uct |
010 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Divi den ds |
011 | 0 | 0 | 0 | 0 | 0 | -48 ,38 8,5 38 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | -48 ,388 ,538 |
| Pur cha f tre hare se o asu ry s s |
012 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,9 20 |
0 | 0 | 0 | 0 | -3,9 20 |
| Sale cell atio n of hare tre or can asu ry s s |
013 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,9 20 |
0 | 0 | 0 | 0 | 3,92 0 |
| Rec lass ifica tion of f inan cial ins trum ents fro quit y to m e liab ility |
014 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Rec lass ifica tion of f inan cial ins fro m li abil ity t trum ents o ity equ |
015 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tra nsfe s of uity ent rs a mo ng c om pon eq |
016 | 0 | 0 | 0 | 0 | 0 | 79, 306 ,32 4 |
0 | 0 | 0 | -79 ,30 6,3 24 |
0 | 0 | 0 | 0 |
| Equ ity i r ( - ) d sult ing from ncr eas e o ecr eas e re bus ines mb inat ions s co |
017 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sha re b d p ent ase aym s |
018 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Oth er i r (-) de in e quit ncr eas e o cre ase y |
019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,3 08, 731 |
0 | -1,3 08, 731 |
0 | 0 | 0 | 0 |
| Tot al c hen sive inc e fo r th t ye om pre om e cu rren ar |
020 | 0 | 0 | 0 | 0 | 837 ,86 3 |
0 | 0 | 0 | 0 | 73, 631 ,64 5 |
0 | 0 | 0 | 74,4 69,5 08 |
| Clo sing ba lanc e [c erio d] ( from 4 t o 20 ) nt p urre |
021 | 161 ,970 ,000 |
0 | 0 | 0 | 9,48 2,96 5 |
225 ,426 ,381 |
0 | 89,3 06,8 75 |
0 | 73,6 31,6 45 |
0 | 0 | 0 | 559 ,817 ,866 |
in EUR
| Notes to financial statements | ||||||
|---|---|---|---|---|---|---|
| 1) INTEREST INCOME | in EUR | |||||
| AOP 001 | Same period of the previous year 01.01.- 31.12.2023. |
Current period 01.01. – 31.12.2024. Cumulative |
||||
| Debt securities | Cumulative 17,691,422 |
Quarter 6,110,679 |
24,750,734 | Quarter 7,157,354 |
||
| Loans and advances Other assets |
103,179,754 51,153,447 |
31,070,825 22,726,211 |
127,010,185 109,350,259 |
31,757,814 26,800,393 |
||
| Deposits Other liabilities |
- - |
- - |
- - |
|||
| Total | 172,024,623 | 59,907,715 | 261,111,178 | 65,715,561 | ||
| 2) INTEREST EXPENSE | Same period of the previous year | in EUR | ||||
| AOP 002 | 01.01.- 31.12.2023. Cumulative |
Quarter | Current period 01.01. – 31.12.2024. Cumulative |
Quarter | ||
| Debt securities Loans and advances |
- 7,961 |
- 619 |
- 178 |
- 10 |
||
| Other assets Deposits |
- 26,174,181 |
- 13,789,554 |
- 83,169,247 |
- 22,636,869 |
||
| Other liabilities | 66,662 | 55,402 | 217,640 | (459,211) | ||
| Total | 26,248,803 | 13,845,576 | 83,387,065 | 22,177,668 | ||
| 3) FEE AND COMMISSION INCOME AOP 005 |
Same period of the previous year | Current period 01.01. – 31.12.2024. | in EUR | |||
| 01.01.- 31.12.2023. Cumulative |
Quarter | Cumulative | Quarter | |||
| Payment transactions Account and package fees |
39,382,848 10,858,481 |
10,026,587 2,987,469 |
42,122,856 11,938,953 |
11,393,913 2,949,336 |
||
| Card business Mobile and Internet banking |
4,833,937 2,232,041 |
1,297,726 644,987 |
5,036,672 2,409,680 |
1,233,192 592,497 |
||
| Other Total |
13,836,953 71,144,260 |
2,818,955 17,775,724 |
15,280,498 76,788,658 |
3,147,300 19,316,238 |
||
| 4) FEE AND COMMISSION EXPENSE | in EUR | |||||
| AOP 006 | Same period of the previous year 01.01.- 31.12.2023. |
Current period 01.01. – 31.12.2024. | ||||
| Cumulative | Quarter | Cumulative | Quarter | |||
| Payment transactions Other |
26,766,641 15,019,744 |
6,437,154 3,764,208 |
26,285,677 15,130,882 |
7,037,470 3,837,488 |
||
| Total | 41,786,385 | 10,201,362 | 41,416,559 | 10,874,959 | ||
| 5) GAIN/LOSSES ON TERMINATION OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES AOP 007 |
Same period of the previous year | Current period 01.01. – 31.12.2024. | in EUR | |||
| 01.01.- 31.12.2023. Cumulative |
Quarter | Cumulative | Quarter | |||
| Debt securities Loans and advances |
(1,936) - |
- - |
- - |
- - |
||
| Deposits Debt Securities issued |
- - |
- - |
- - |
- - |
||
| Other financial liabilities | 50,397 | 40,520 | - | - | ||
| Total | 48,460 | 40,520 | - | - | ||
| 6) GAINS OR (-) LOSSES ON FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING AOP 008 |
Same period of the previous year | Current period 01.01. – 31.12.2024. | in EUR | |||
| 01.01.- 31.12.2023. Cumulative |
Quarter | Cumulative | Quarter | |||
| Equity instruments Debt securities |
2,049,867 1,231,263 |
664,220 1,418,859 |
3,163,024 1,231,884 |
1,057,885 646,082 |
||
| FX transactions and derivatives Total |
3,176,970 6,458,100 |
1,348,285 3,431,364 |
953,584 5,348,492 |
(94,333) 1,609,635 |
||
| 7) GAINS OR LOSSES ON NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS | in EUR | |||||
| AOP 009 | Same period of the previous year | Current period 01.01. – 31.12.2024. | ||||
| 01.01.- 31.12.2023. Cumulative |
Quarter | Cumulative | Quarter | |||
| Equity instruments Debt securities |
- - |
- - |
- - |
- - |
||
| Loans and advances Total |
202,518 202,518 |
527 527 |
56,309 56,309 |
55,246 55,246 |
||
| 8) OPERATING EXPENSES | in EUR | |||||
| AOP 016 & AOP 018 & AOP 019 & AOP 020 | Same period of the previous year 01.01.- 31.12.2023. |
Current period 01.01. – 31.12.2024. | ||||
| Other operating expenses | Cumulative 4,441,421 |
Quarter 1,719,754 |
Cumulative 2,711,646 |
Quarter 610,470 |
||
| Administrative expenses | 77,899,213 | 24,831,557 | 95,583,659 | 25,920,110 | ||
| Employee expenses Other administrative expenses |
44,256,256 33,642,957 |
13,669,952 11,161,605 |
55,671,636 39,912,023 |
14,951,831 10,968,278 |
||
| (Contributions in cash rehabilitation committees and Deposit Insurance Schemes) Amortization |
1,614,947 11,838,680 |
1,552,447 3,753,610 |
- 13,289,523 |
- 3,203,093 |
||
| Property, plant and equipment Investment property |
7,230,221 - |
2,116,759 - |
7,863,268 - |
1,475,322 - |
||
| Other intangible assets Total |
4,608,458 95,794,260 |
1,636,851 31,857,368 |
5,426,255 111,584,828 |
1,727,771 29,733,673 |
||
| 9) IMPAIRMENT LOSSES AND PROVISION EXPENSES | in EUR | |||||
| AOP 021 & AOP 022 & AOP 023 & AOP 025 | Same period of the previous year 01.01.- 31.12.2023. |
Current period 01.01. – 31.12.2024. | ||||
| Modification gains or (-) losses, net AOP 021 | Cumulative (423,864) |
Quarter 96,443 |
Cumulative (557,819) |
Quarter (195,352) |
||
| Financial assets at fair value through other comprehensive income Financial assets at amortized cost |
- (423,864) |
- 96,443 |
- (557,819) |
- (195,352) |
||
| (Provisions or (-) reversal of provisions) AOP 022 | (5,364,485) | (639,135) | 7,759,334 | 5,474,494 | ||
| Liabilities towards resolution committees and deposit insurance systems (Liabilities and Guarantees) |
- (5,052,532) |
- (843,139) |
- 1,585,245 |
- (1,113,285) |
||
| (Other Provisions) (Impairment or (-) reversal of impairment on financial assets that are not |
(311,953) | 204,004 | 6,174,090 | 6,587,779 | ||
| measured at fair value through profit or loss) AOP 023 (Financial assets at fair value through other comprehensive income) |
1,926,399 - |
5,713,265 - |
13,806,018 - |
4,119,923 - |
||
| (Financial assets at amortized cost) (Impairment or (-) reversal of impairment off of investments in subsidiaries, joint |
1,926,399 | 5,713,265 | 13,806,018 | 4,119,923 | ||
| ventures, and associates) | - | - | - | - | ||
| (Impairment or (-) reversal of impairment off non-financial assets) AOP 025 (Property, plant and equipment) |
2,664,464 (1,604) |
2,664,464 (1,604) |
- - |
- - |
||
| (Investment property) (Goodwill) |
(49,859) - |
(49,859) - |
- - |
- - |
||
| (Other intangible assets) (Other) |
2,715,926 - |
2,715,926 - |
- - |
- - |
||
| Total (AOP 022 + AOP 023 + AOP 025 - AOP 021) | (349,758) | 7,642,151 | 22,123,172 | 9,789,769 | ||
| 10) LOANS AND ADVANCES | in EUR | |||||
| AOP 023 | Stage 1 | 31.12.2023. Stage 2 |
Stage 3 | Stage 1 | 31.12.2024. Stage 2 |
Stage 3 |
| Central banks Mandatory reserve |
- - |
- - |
- - |
213,399 - |
- - |
- - |
| Allowance Other receivables |
- - |
- - |
- - |
- 213,399 |
- - |
- - |
| Allowance Government |
- 448,859,075 |
- 1,773,946 |
- 2,846,111 |
- 346,482,362 |
- 5,953,843 |
- 2,815,323 |
| Gross loans Allowance |
450,089,885 (1,230,810) |
1,805,576 (31,630) |
2,916,570 (70,459) |
347,658,404 (1,176,042) |
6,134,924 (181,082) |
2,885,568 (70,245) |
| Credit institutuions Gross loans |
1,564,563 16,432 |
- - |
168 172 |
40,738 972 |
- - |
- - |
| Allowance Deposits |
- 1,551,167 |
- - |
(4) - |
(1) 39,866 |
- - |
- - |
| Allowance | (3,035) | - | - | (100) | - | - |
| Other financial institutions Gross loans |
37,699,866 35,792,179 |
6,402 11,336 |
527 132,772 |
63,260,348 61,265,474 |
228 240 |
2,528 2,591 |
| Allowance Deposits |
(197,893) 2,157,717 |
(4,934) - |
(132,245) - |
(249,286) 2,282,918 |
(12) - |
(63) - |
| Allowance Non - financial institutions |
(52,138) 652,151,087 |
- 186,276,332 |
- 36,332,874 |
(38,758) 694,049,086 |
- 174,118,276 |
- 26,140,616 |
| Gross loans Allowance |
661,450,783 (9,299,697) |
195,925,509 (9,649,177) |
98,793,546 (62,460,672) |
701,452,939 (7,403,852) |
185,847,426 (11,729,150) |
73,647,622 (47,507,006) |
| Retail Gross loans |
1,273,097,668 1,279,022,452 |
255,463,828 277,544,147 |
34,225,225 167,697,343 |
1,286,114,799 1,291,875,469 |
257,183,607 279,945,724 |
30,364,613 127,174,656 |
| Allowance Total |
(5,924,784) 2,413,372,259 |
(22,080,319) 443,520,509 |
(133,472,118) 73,404,905 |
(5,760,670) 2,390,160,734 |
(22,762,117) 437,255,954 |
(96,810,043) 59,323,080 |
| 11) NON-TRADING FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS AOP 013 |
31.12.2023. | in EUR 31.12.2024. |
||||
| Central banks Local state |
- - |
- - |
||||
| Credit institutions Other financial institutions |
- - |
- - |
||||
| Non - financial institutions Retail |
- 490,500 |
- 498,236 |
||||
| Total | 490,500 | 498,236 | ||||
| 12) DEPOSITS AOP 044 |
31.12.2023. | in EUR 31.12.2024. |
||||
| Central banks | 73,698,625 | 73,884,161 | ||||
| Local state | 1,850,606,910 | 2,072,670,102 | ||||
| Credit institutions Other financial institutions |
119,203,207 317,689,710 |
224,740,806 443,768,692 |
Non - financial institutions 897,267,392 931,590,491 Retail 3,138,752,794 3,435,715,982 Total 6,397,218,638 7,182,370,233