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Hrvatska Poštanska Banka d.d.
Interim / Quarterly Report • Apr 30, 2025
2090_10-q_2025-04-30_fc6e1b89-7b3e-4d61-9b2e-1f12bdf91711.pdf
Interim / Quarterly Report
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Investor information Unaudited financial statements April 2025 3M 2025
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 1.1.2025 - 31.3.2025, HPB p.l.c. 3M 2025 Investor information and unaudited financial statements for the period 1.1.2025 - 31.3.2025 |
|---|---|
| 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 March 31, 2025.
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 three-month financial results for 2025, Marko Badurina, President of the Management Board of Hrvatska poštanska banka, stated:
"After years of continuous and record-breaking growth in balance sheet volume, operating income and profit, HPB's operations in the first quarter of 2025 have been characterized by a challenging economic environment and a significant shift in monetary policy and reference interest rates.
The impact of business conditions on operating income and net profit was partially neutralized by cost cutting, as well as by proactively consolidating and repositioning the balance sheet by making investments in fixed-income bonds in order to mitigate the expected reduction in reference rates.
Credit activity has also expanded significantly, especially in the retail segment, where HPB was first in Croatia to enter the market with HPB - SUPER HOUSING LOAN, while simultaneously continuing to support entrepreneurship.
The HPB team continues to demonstrate resilience, adaptability and, most importantly, the ability to deal with the challenges that the times in which we operate bring.
In 2025, HPB will maintain its focus on innovation, digital transformation and sustainable growth in order to continue to strengthen its position among the market leaders in Croatia. "
Balance sheet transformation in a declining interest rate environment Focus on clients and the community
* Profit and loss account positions in this presentation for the year 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 – 31.12.2023) and for 2024 and 2025 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 31.12.2022 show the result of HPB on a stand-alone basis, while the reporting dates 31.12.2023 – 31.3.2025 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
6
Trading data for HPB share, www.zse.hr
Strong positioning in 2024 enabled agile reaction in response to expected market trends
To neutralize the effects of the reduction in the European Central Bank's reference rate, the balance sheet was transformed by investing EUR 700 mn in Croatian bonds, which will result in an average yield of 2.9%.
The initiation of the HPB Super Stambeni kredit resulted in an increase in new lending by almost 2x with growth in all segments.
We continue our mission of creating conditions for a better life in Croatia First on the market to introduce significantly more favorable conditions
from January, 15 2025 2.89%
As the first on the market, HPB's new housing loan promotes affordable living and enhances client quality of life.
For major financial decisions, it is important to have a bank that cares about its clients' quality of life, their plans and their expenses.
Stable deposit structure confirms client trust
Agile management of interest expenses on the deposit side
The return of excess liquid funds to corporate clients and typical seasonal trends resulted in a decrease in deposits by 8.9% and in the balance sheet by 8.6%, while simultaneously ensuring agile management of interest expenses on the deposit side.
Launched digital transformation program
Finacle Payments
The Bank's existing payment transaction solution - includes migration to a newer version and consolidation/migration of all payment schemes (SWIFT, SEPA Inst, SCT, SDD, Target) to the solution.
Finacle Core
Existing central banking system solution – includes migration to a newer version in order to improve system performance.
Digital Engagement Hub
A solution that connects sales channels with back-end systems, unifying data and processes across multiple platforms and applications.
Liquidity Management Solution
A solution for managing and optimizing liquidity across locations, currencies and systems, with tools for business clients to monitor liquidity and prepare realtime cash flow projections.
HPB's growth significantly exceeds the growth of the overall sector
25.2% 20.2% 18.0% 10.2% 9.4% 8.1% 21.2 17.0 15.1 8.5 7.9 6.8 Total assets (EUR bn) # 5 0 20 40 60 80 100 120 140 160 180 200 220 12/21 3/22 6/22 9/22 12/22 3/23 6/23 9/23 12/23 3/24 6/24 9/24 12/24 market HPB +70.6% Total assets development Base index = 2021 8.4% 10.2% 16.9% 20.6% 25.9% 9.0% Share 31.12.2024 Share 31.12.2023 ≈
HPB in the TOP 5 banks by total assets.
Macroeconomic indicators
Adapting to the new monetary and business environment
| the count for the production in the count of the promote that come of the production of first and the | ||
|---|---|---|
| Profit and loss account (EUR mn) |
3M 2024 | 3M 2025 | Y-o-Y | Y-o-Y % | |
|---|---|---|---|---|---|
| Net interest income | 46.6 | 40.5 | (6.2) | (13.2) | |
| Net fee and commission income | 7.6 | 9.0 | 1.4 | 18.0 | |
| Net other income | 0.9 | 1.0 | 0.1 | 7.5 | |
| Operating income | 55.2 | 50.4 | (4.7) | (8.6) | |
| Employee expenses | (13.3) | (13.4) | 0.2 | 1.2 | |
| Administrative expenses | (10.3) | (9.8) | (0.6) | (5.6) | |
| Depreciation | (2.9) | (2.6) | (0.3) | (11.5) | |
| Operating expenses | (26.5) | (25.8) | (0.8) | (2.9) | |
| Operating profit | 28.6 | 24.6 | (4.0) | (13.9) | |
| Provisions | 0.2 | (6.1) | (6.3) | ||
| Tax | (5.0) | (3.4) | (1.6) | (32.2) | |
| Profit after tax | 23.9 | 15.2 | (8.7) | (36.3) |
- A decrease in net interest income of EUR 6.2 mn (-13.2%) compared to the same period in 2024 due to lower volume and lower ECB's interest rates, which was strategically partially neutralized by higher income from securities and loans.
- Without an increase in fee prices, net fee and commission income continues its growth trend of EUR 1.4 mn (+ 18.0%) in the observed period, caused by an increase in transaction volume and expansion of the client base.
- With successful control, operating expenses were reduced by 2.9% compared to the previous period due to lower administrative expenses and depreciation, with stable employee expenses.
- Cost-to-income ratio is 51%.
- Increase in provisioning of the performing portfolio due to growth in client loans, as well as one-off costs related to new investments in securities. NPL provisions during the first quarter reflect expected trends, mostly realized through regular business activities.
Maintaining profitability despite a challenging environment
Income diversification mitigates market pressures
Cost optimization in support of profitability
NPL coverage maintained above the market average NPL volume remains unchanged
4.0 Stage 1 & 2 2.0 Stage 3 0.1 Other provisions 31.3.2025 EUR 6.1 mn
- The movement of provisions for the performing portfolio was influenced by the growth in the volume of the loan portfolio as well as one-off costs related to new investments in securities.
- The NPL ratio is currently influenced by the reduction of performing portfolio due to the redistribution of liquid deposit funds from central banks into bonds, which, with a stable level of non-performing exposures, results in a minimal increase in the ratio. The NPE ratio, which also includes the bond in its calculation, remains unchanged.
Market - NPL and NPEratio, %
HPB - NPL and NPE ratio, %
67.0 33.0 3.0 2.6 2022 69.0 31.0 2.6 2.3 2023 66.3 33.7 2.4 2.0 2024 -0.7 pp Covered NPL Uncovered NPL NPL share NPE share
Source: CNB statistics, SV2 Selected indicators of the structure, concentration and operations of credit institutions
Structure of provision costs
Repositioned low-risk balance sheet
| Balance sheet (EUR mn) |
31.12.2024 | 31.3.2025 | YTD | YTD % |
|---|---|---|---|---|
| Cash and cash equivalents |
3,799 | 2,205 | (1,594) | (42.0) |
| Securities and other instruments | 1,104 | 1,886 | 783 | 70.9 |
| Net loans and advances | 2,866 | 2,983 | 117 | 4.1 |
| Other assets | 114 | 130 | 16 | 13.5 |
| Total assets | 7,883 | 7,204 | (678) | (8.6) |
| Total equity and reserves | 560 | 575 | 16 | 2.8 |
|---|---|---|---|---|
| Total liabilities | 7,323 | 6,629 | (694) | (9.5) |
| Other liabilities | 140 | 123 | (18) | (12.7) |
| Loan liabilities | 444 | 367 | (77) | (17.4) |
| Deposits | 6,738 | 6,139 | (599) | (8.9) |
- The reduced position of cash and cash equivalents is a result of balance sheet transformation in a decreasing interest rate environment and the neutralization of these effects by investing in securities of the Republic of Croatia, as well as the seasonally lower deposit volume.
- Loan portfolio recorded a growth due to the Bank's initiative to introduce significantly more favorable housing loans conditions on the Croatian market as part of the new product HPB Super stambeni kredit, which was reflected in a larger volume of loans in the first quarter of 2025.
- Reduction of deposits due to seasonal changes in the deposit volume.
The reduction in loan liabilities is the result of regular repayments and price optimization.
Stability ensured through a healthy loan-to-deposit ratio
575 367 123 6,139 Equity and liabilities Other liabilities Loan liabilities Equity and reserves Deposits 130 1,886 2,205 2,983 Assets Other assets Securities Cash and cash equivalents Net loans and advances 31.3.2025 (EUR mn) LCR and NSFR significantly above regulatory requirements (= 100%) and market (LCR: 230.9%*; NSFR: 169.2%**). 48.6 % Net loans / deposits 268.0 218.0 31.3. 2024 260.9 225.2 30.6. 2024 256.0 233.8 30.9. 2024 261.4 253.8 31.12. 2024 LCR % NSFR % Net loans/ deposits % 50.6 49.8 47.0 42.5 31.3. 2025 255.2 230.4 48.6 Liquidity profile *Data as of December 31, 2024, source: CNB statistics, SV1 Data on operations of credit institutions **Data as of June 30, 2024, source: CNB Semi-annual Information on the Financial Condition, the Degree of Price Stability Achieved and the Implementation of Monetary Policy in the First Half of 2024
21 Source: Management report
Positioned for future opportunities – strong liquidity, balanced assets
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Loan growth with preserved portfolio quality
94% of loans in the performing portfolio
Retail deposits development
Government bonds as foundation of investment stability 31.3.2025
*Securities are presented in nominal amount
The securities portfolio consists of 83.2% bonds, with government bonds covering 78.9% of the total portfolio as the most significant investment.
Capital strength as the foundation of secure growth
Regulatory capital and MREL eligible instruments development
Common equity tier 1 capital (CET1), EUR mn Capital adequacy rate (CAR), % -150
-100
-50
0
50
0
100
200
300
400
500
600
700
800
900
1,000
1,100
1,200
Stable and well diversified loan portfolio
Corporate gross loans structure per industry, %
28 Source: Management report, according to National Classification of Activities (NKD)
HPB share still above relevant market indices
HPB share price movement index and CROBEX, EURO STOXX and EURO STOXX
Ownership structure
31.3.2025
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.
Banks indices
Sustainability – Q1 2025
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 | |
| EIR | Effective interest rate |
|
| ESG | Environmental, Social and Governance | |
| GDP | Gross Domestic Product | |
| HICP | Harmonised index of consumer prices |
|
| HPB | Hrvatska poštanska banka | |
| ir | Interest rate |
|
| ISIN | International Securities Identification Number | |
| LCR | Liquidity Coverage Ratio | |
| MREL | Minimum Requirement for Own Funds and Eligible Liabilities | |
| NPE | Non Performing Exposures |
|
| 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 | |
| ZSE | Zagreb Stock Exchange |
|
| 3M | Three-month period |
|
| 32 |
Indicies calculation
| Indicator | Calculation |
|---|---|
| Liquidity coverage ratio (LCR) | The ratio of liquid assets to net liquidity outflow |
| NPE ratio | Ratio of non-performing exposures to total loans |
| 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 |
| Return on average equity (ROAE) | 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 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 March 31, 2025, 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 March 31, 2025, 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: | 1.1.2025. | to | 31.03.2025. | ||
| Year: | 2025 | ||||
| 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 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 |
1711 | ||||
| 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: | |||
| 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: [email protected] | |||||
| Audit firm: | |||||
| Certified auditor: | (name of the audit firm) | ||||
| (name and surname) |
BALANCE SHEET balance as at 31.03.2025.
| 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 | 3,798,721,069 2,204,738,414 | |
| Cash in hand | 002 | 133,826,421 | 113,057,293 |
| Cash balances at central banks | 003 | 3,654,552,643 2,077,127,711 | |
| Other demand deposits | 004 | 10,342,005 | 14,553,410 |
| Financial assets held for trading (from 6 to 9) | 005 | 66,015,020 | 93,988,733 |
| Derivatives | 006 | 0 | 50,973 |
| Equity instruments Debt securities |
007 008 |
27,486,733 38,528,287 |
27,991,742 65,946,018 |
| Loans and advances | 009 | 0 | 0 |
| Non-trading financial assets mandatorily at fair value through profit or | 010 | 498,236 | 506,879 |
| loss (from 11 to 13) Equity instruments |
011 | 0 | 0 |
| Debt securities | 012 | 0 | 0 |
| Loans and advances | 013 | 498,236 | 506,879 |
| Financial assets at fair value through profit or loss (15 + 16) | 014 | 0 | 0 |
| Debt securities | 015 | 0 | 0 |
| Loans and advances Financial assets at fair value through other comprehensive income |
016 | 0 | 0 |
| (from 18 to 20) | 017 | 5,462,269 | 5,889,176 |
| Equity instruments | 018 | 5,462,269 | 5,889,176 |
| Debt securities Loans and advances |
019 020 |
0 0 |
0 0 |
| Financial assets at amortised cost (22 + 23) | 021 | 3,918,998,979 4,806,036,698 | |
| Debt securities | 022 | 1,032,259,212 1,786,662,315 | |
| Loans and advances | 023 | 2,886,739,767 3,019,374,383 | |
| Derivatives - hedge accounting | 024 | 0 | 0 |
| Fair value changes of the hedged items in portfolio hedge of interest rate risk |
025 | 0 | 0 |
| Investments in subsidiaries, joint ventures and associates | 026 | 1,495,487 | 1,495,487 |
| Tangible assets | 027 | 55,596,992 | 57,223,571 |
| Intangible assets Tax assets |
028 029 |
14,910,720 4,422,971 |
14,965,841 4,278,932 |
| Other assets | 030 | 16,477,617 | 15,114,644 |
| 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) | 032 | 7,882,599,360 7,204,238,375 | |
| Liabilities | |||
| Financial liabilities held for trading (from 34 to 38) | 033 | 541,807 | 217,144 |
| Derivatives | 034 | 541,807 | 217,144 |
| Short positions Deposits |
035 036 |
0 0 |
0 0 |
| Debt securities issued | 037 | 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 |
7,243,897,851 6,545,354,071 7,182,370,233 6,506,317,164 |
|
| Debt securities issued | 045 | 0 | 0 |
| Other financial liabilities | 046 | 61,527,618 | 39,036,907 |
| Derivatives - hedge accounting Fair value changes of the hedged items in portfolio hedge of interest |
047 | 0 | 0 |
| rate risk | 048 | 0 | 0 |
| Provisions | 049 050 |
41,400,648 | 39,815,940 |
| Tax liabilities | 6,293,272 | ||
| 6,048,067 | |||
| Share capital repayable on demand Other liabilities |
051 052 |
0 30,893,121 |
0 37,191,963 |
| Liabilities included in disposal groups classified as held for sale | 053 | 0 | 0 |
| Total liabilities (33 + 39 + 43 + from 47 to 53) | 054 | 7,322,781,494 6,628,872,390 | |
| Equity | |||
| Capital Share premium |
055 056 |
161,970,000 0 |
161,970,000 0 |
| Equity instruments issued other than capital | 057 | 0 | 0 |
| Other equity | 058 | 0 | 0 |
| Accumulated other comprehensive income | 059 | 9,482,965 | 9,830,460 |
| Retained profit | 060 | 225,426,381 | 299,058,026 |
| Revaluation reserves | 061 | 0 | 0 |
| Other reserves | 062 063 |
89,306,875 | 89,306,875 |
| ( – ) Treasury shares Profit or loss attributable to owners of the parent |
064 | 0 73,631,645 |
0 15,200,624 |
| (-–) Interim dividends | 065 | 0 | 0 |
| Minority interests [non-controlling interests] Total equity (from 55 to 66) |
066 067 |
0 559,817,866 |
0 575,365,985 |
STATEMENT OF PROFIT OR LOSS for the period 01.01.2025. to 31.3.2025.
Attributable to owners of the parent
Cumulative Quarter Cumulative Quarter 2 3 4 5 6 001 65,216,059 65,216,059 59,708,696 59,708,696 002 18,744,692 18,744,692 19,378,837 19,378,837 003 0 0 0 0 004 5,572 5,572 6,580 6,580 005 16,878,537 16,878,537 18,297,256 18,297,256 006 9,280,722 9,280,722 9,339,046 9,339,046 007 0 0 0 0 008 808,597 808,597 1,239,557 1,239,557 009 -88 -88 -13,892 -13,892 010 0 0 0 0 011 0 0 0 0 012 626,170 626,170 -195,890 -195,890 013 0 0 0 0 014 10,338 10,338 64,195 64,195 015 280,988 280,988 1,321,203 1,321,203 016 744,736 744,736 1,284,499 1,284,499 017 55,056,023 55,056,023 50,425,323 50,425,323 018 22,668,673 22,668,673 22,318,228 22,318,228 019 0 0 0 0 020 3,768,663 3,768,663 3,331,317 3,331,317 021 -73,940 -73,940 -1,232,541 -1,232,541 022 -1,027,102 -1,027,102 1,531,036 1,531,036 023 736,703 736,703 3,435,193 3,435,193 024 0 0 0 0 025 0 0 0 0 026 0 0 0 0 027 0 0 0 0 028 0 0 0 0 029 28,835,146 28,835,146 18,577,008 18,577,008 030 4,977,722 4,977,722 3,376,384 3,376,384 031 23,857,424 23,857,424 15,200,624 15,200,624 032 0 0 0 0 033 0 0 0 0 034 0 0 0 0 035 23,857,424 23,857,424 15,200,624 15,200,624 036 0 0 0 0 037 23,857,424 23,857,424 15,200,624 15,200,624 038 23,857,424 23,857,424 15,200,624 15,200,624 039 243,671 243,671 347,495 347,495 040 243,671 243,671 347,495 347,495 041 0 0 0 0 042 0 0 0 0 043 0 0 0 0 044 0 0 0 0 045 0 0 0 0 046 350,992 350,992 423,774 423,774 047 0 0 0 0 048 0 0 0 0 049 0 0 0 0 050 0 0 0 0 051 -107,321 -107,321 -76,279 -76,279 052 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 24,101,095 24,101,095 15,548,119 15,548,119 062 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 24,101,095 24,101,095 15,548,119 15,548,119
in EUR
STATEMENT OF CASH FLOW
for the period 01.01.2025 to 31.03.2025.
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 | 28,835,146 | 18,577,008 | ||||
| Adjustments: | 0 | 0 | |||||
| Impairment and provisions | 010 | -290,399 | 6,198,770 | ||||
| Depreciation Net unrealised (gains)/losses on financial assets and liabilities at fair |
011 | 3,768,663 | 3,331,317 | ||||
| value through statement of profit or loss | 012 | -808,509 | -1,225,665 | ||||
| (Profit)/loss from the sale of tangible assets | 013 | -10,338 | -64,195 | ||||
| Other non-cash items | 014 | -47,029,169 | -40,140,549 | ||||
| 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 | 46,513,898 | -132,634,616 | ||||
| Securities and other financial instruments at fair value through other comprehensive income |
018 | -350,326 | -426,907 | ||||
| Securities and other financial instruments held for trading | 019 | -365,112 | -27,973,713 | ||||
| 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 | -15,295 | -8,643 | ||||
| Securities and other financial instruments at amortised cost | 022 | -846,028 | -754,403,103 | ||||
| Other assets from operating activities | 023 | 3,684,171 | 1,362,973 | ||||
| Deposits from financial institutions | 024 | -6,779,136 | 4,625,004 | ||||
| Transaction accounts of other clients | 025 | -382,199,292 | -541,777,519 | ||||
| Savings deposits of other clients Time deposits of other clients |
026 027 |
-16,671,738 129,729,635 |
-753,738 -59,835,542 |
||||
| Derivative financial liabilities and other liabilities held for trading | 028 | 216,154 | -324,663 | ||||
| Other liabilities from operating activities | 029 | -1,296,901 | -43,170 | ||||
| Interest received from operating activities [indirect method] | 030 | 65,216,059 | 59,708,696 | ||||
| Dividends received from operating activities [indirect method] | 031 | 5,572 | 6,580 | ||||
| Interest paid from operating activities [indirect method] | 032 | -18,744,692 | -19,378,837 | ||||
| (Income tax paid) | 033 | 0 | -2,987,140 | ||||
| Net cash flow from operating activities (from 1 to 33) | 034 | -197,437,637 | -1,488,167,652 | ||||
| Investing activities | |||||||
| Cash receipts from the sale / payments for the purchase of tangible and intangible assets |
035 | -3,187,699 | -3,309,459 | ||||
| Cash receipts from the sale / payments for the purchase of investments in branches, associates and joint ventures |
036 | 0 | 0 | ||||
| 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 |
0 -3,187,699 |
0 -3,309,459 |
||||
| Financing activities | |||||||
| Net increase/(decrease) in loans received from financing activities Net increase/(decrease) in debt securities issued |
041 042 |
-30,058,759 0 |
-78,311,274 0 |
||||
| Net increase/(decrease) in Tier 2 capital instruments | 043 | 0 | 0 | ||||
| Increase in share capital | 044 | 0 | 0 | ||||
| (Dividends paid) | 045 | 0 | -24,194,269 | ||||
| Other receipts/(payments) from financing activities | 046 | 0 | 0 | ||||
| Net cash flow from financing activities (from 41 to 46) | 047 | -30,058,759 | -102,505,543 | ||||
| Net increase/(decrease) of cash and cash equivalents (34 + 40 + 47) | 048 | -230,684,095 | -1,593,982,654 | ||||
| Cash and cash equivalents at the beginning of period | 049 | 3,103,793,849 | 3,798,721,068 | ||||
| Effect of exchange rate fluctuations on cash and cash equivalents Cash and cash equivalents at the end of period (48 + 49 + 50) |
050 051 |
5,647 2,873,115,401 |
0 2,204,738,414 |
||||
STATEMENT OF CHANGES IN EQUITY
to31.3.2025for the period from
| Attr ibut able |
of to own ers |
the t pa ren |
Non ntro -co |
lling int st 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 | 9,4 82, 965 |
225 ,426 ,38 1 |
0 | 89, 306 ,87 5 |
0 | 73, 631 ,64 5 |
0 | 0 | 0 | 559 ,817 ,866 |
| Effe of e ions cts rect rror cor |
002 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 |
| 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 | 9,48 2,96 5 |
225 ,426 ,382 |
0 | 89,3 06,8 75 |
0 | 73,6 31,6 44 |
0 | 0 | 0 | 559 ,817 ,866 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pur cha f tre hare se o asu ry s s |
012 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale cell atio n of hare tre or can asu ry s s Rec lass ifica tion of f inan cial ins trum ents fro |
013 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 73, 631 ,64 4 |
0 | 0 | 0 | -73 ,63 1,6 44 |
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 | 0 | 0 | 0 | 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 | 347 ,49 5 |
0 | 0 | 0 | 0 | 15, 200 ,62 4 |
0 | 0 | 0 | 15,5 48,1 19 |
| Clo sing ba lanc e [c erio d] ( from 4 t o 20 ) nt p urre |
021 | 161 ,970 ,000 |
0 | 0 | 0 | 9,83 0,46 0 |
299 ,058 ,026 |
0 | 89,3 06,8 75 |
0 | 15,2 00,6 24 |
0 | 0 | 0 | ,365 ,985 575 |
in EUR
| Notes to financial statements | ||||||
|---|---|---|---|---|---|---|
| 1) INTEREST INCOME | in EUR | |||||
| AOP 001 | Same period of the previous year 01.01.- 31.03.2025. |
Current period 01.01. – 31.03.2025. | ||||
| Debt securities | Cumulative 5,535,267 |
Quarter 5,535,267 |
Cumulative 8,638,283 |
Quarter 8,638,283 |
||
| Loans and advances | 31,566,473 | 31,566,473 | 30,392,900 | 30,392,900 | ||
| Other assets Deposits |
28,114,319 - |
28,114,319 - |
20,677,513 | 20,677,513 - |
||
| Other liabilities Total |
- 65,216,059 |
- 65,216,059 |
59,708,696 | - 59,708,696 |
||
| in EUR | ||||||
| 2) INTEREST EXPENSE AOP 002 |
Same period of the previous year | Current period 01.01. – 31.03.2025. | ||||
| 01.01.- 31.03.2025. Cumulative |
Quarter | Cumulative | Quarter | |||
| Debt securities Loans and advances |
- 105 |
- 105 |
- 1,300 |
- 1,300 |
||
| Other assets | - | - | - | - | ||
| Deposits Other liabilities |
18,552,033 192,554 |
18,552,033 192,554 |
19,374,660 2,877 |
19,374,660 2,877 |
||
| Total | 18,744,692 | 18,744,692 | 19,378,837 | 19,378,837 | ||
| 3) FEE AND COMMISSION INCOME | in EUR | |||||
| AOP 005 | Same period of the previous year 01.01.- 31.03.2025. |
Current period 01.01. – 31.03.2025. | ||||
| Payment transactions | Cumulative 9,621,232 |
Quarter 9,621,232 |
Cumulative 10,468,867 |
Quarter 10,468,867 |
||
| Account and package fees Card business |
2,938,127 1,189,229 |
2,938,127 1,189,229 |
2,954,967 1,099,317 |
2,954,967 1,099,317 |
||
| Mobile and Internet banking | 631,180 | 631,180 | 595,131 | 595,131 | ||
| Other Total |
2,498,770 16,878,537 |
2,498,770 16,878,537 |
3,178,973 18,297,256 |
3,178,973 18,297,256 |
||
| 4) FEE AND COMMISSION EXPENSE | in EUR | |||||
| AOP 006 | Same period of the previous year 01.01.- 31.03.2025. |
Current period 01.01. – 31.03.2025. | ||||
| Cumulative | Quarter | Cumulative | Quarter | |||
| Payment transactions Other |
6,190,961 3,089,761 |
6,190,961 3,089,761 |
6,425,656 2,913,390 |
6,425,656 2,913,390 |
||
| Total | 9,280,722 | 9,280,722 | 9,339,046 | 9,339,046 | ||
| 5) GAIN/LOSSES ON TERMINATION OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES | in EUR | |||||
| AOP 007 | Same period of the previous year 01.01.- 31.03.2025. |
Current period 01.01. – 31.03.2025. | ||||
| Debt securities | Cumulative - |
Quarter - |
Cumulative - |
Quarter - |
||
| Loans and advances Deposits |
- - |
- - |
- - |
- - |
||
| Debt Securities issued | - | - | - | - | ||
| Other financial liabilities Total |
- - |
- - |
- - |
- - |
||
| in EUR | ||||||
| 6) GAINS OR (-) LOSSES ON FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING AOP 008 |
Same period of the previous year | Current period 01.01. – 31.03.2025. | ||||
| 01.01.- 31.03.2025. Cumulative |
Quarter | Cumulative | Quarter | |||
| Equity instruments | 1,143,802 | 1,143,802 | 505,009 | 505,009 | ||
| Debt securities FX transactions and derivatives |
(42,211) (292,994) |
(42,211) (292,994) |
(146,531) 881,079 |
(146,531) 881,079 |
||
| Total | 808,597 | 808,597 | 1,239,557 | 1,239,557 | ||
| 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 01.01.- 31.03.2025. |
Current period 01.01. – 31.03.2025. | ||||
| Equity instruments | Cumulative - |
Quarter - |
Cumulative - |
Quarter - |
||
| Debt securities | - | - | - | - | ||
| Loans and advances Total |
(88) (88) |
(88) (88) |
(13,892) (13,892) |
(13,892) (13,892) |
||
| 8) OPERATING EXPENSES | in EUR | |||||
| AOP 016 & AOP 018 & AOP 019 & AOP 020 | Same period of the previous year 01.01.- 31.03.2025. |
Current period 01.01. – 31.03.2025. | ||||
| Cumulative | Quarter | Cumulative | Quarter | |||
| Other operating expenses Administrative expenses |
744,736 22,668,673 |
744,736 22,668,673 |
1,284,499 22,318,228 |
1,284,499 22,318,228 |
||
| Employee expenses Other administrative expenses |
13,285,601 9,383,071 |
13,285,601 9,383,071 |
13,441,770 8,876,458 |
13,441,770 8,876,458 |
||
| (Contributions in cash rehabilitation committees and Deposit Insurance Schemes) Amortization |
- 3,768,663 |
- 3,768,663 |
- 3,331,317 |
- 3,331,317 |
||
| Property, plant and equipment | 2,341,717 | 2,341,717 | 2,003,769 | 2,003,769 | ||
| Investment property Other intangible assets |
- 1,426,946 |
- 1,426,946 |
- 1,327,548 |
- 1,327,548 |
||
| Total | 27,182,071 | 27,182,071 | 26,934,045 | 26,934,045 | ||
| 9) IMPAIRMENT LOSSES AND PROVISION EXPENSES | in EUR | |||||
| AOP 021 & AOP 022 & AOP 023 & AOP 025 | Same period of the previous year 01.01.- 31.03.2025. |
Current period 01.01. – 31.03.2025. | ||||
| Modification gains or (-) losses, net AOP 021 | Cumulative (73,940) |
Quarter (73,940) |
Cumulative (1,232,541) |
Quarter (1,232,541) |
||
| Financial assets at fair value through other comprehensive income | - | - | - | - | ||
| Financial assets at amortized cost (Provisions or (-) reversal of provisions) AOP 022 |
(73,940) (1,027,102) |
(73,940) (1,027,102) |
(1,232,541) 1,531,036 |
(1,232,541) 1,531,036 |
||
| Liabilities towards resolution committees and deposit insurance systems (Liabilities and Guarantees) |
- (182,728) |
- (182,728) |
- 1,436,902 |
- 1,436,902 |
||
| (Other Provisions) | (844,374) | (844,374) | 94,134 | 94,134 | ||
| (Impairment or (-) reversal of impairment on financial assets that are not measured at fair value through profit or loss) AOP 023 |
736,703 | 736,703 | 3,435,193 | 3,435,193 | ||
| (Financial assets at fair value through other comprehensive income) (Financial assets at amortized cost) |
- 736,703 |
- 736,703 |
- 3,435,193 |
- 3,435,193 |
||
| (Impairment or (-) reversal of impairment off of investments in subsidiaries, joint | ||||||
| ventures, and associates) | - | - | - | - | ||
| (Impairment or (-) reversal of impairment off non-financial assets) AOP 025 (Property, plant and equipment) |
- - |
- - |
- - |
- - |
||
| (Investment property) (Goodwill) |
- - |
- - |
- - |
- - |
||
| (Other intangible assets) | - | - | - | - | ||
| (Other) Total (AOP 022 + AOP 023 + AOP 025 - AOP 021) |
- (216,458) |
- (216,458) |
- 6,198,770 |
- 6,198,770 |
||
| 10) LOANS AND ADVANCES | in EUR | |||||
| AOP 023 | Stage 1 | 31.12.2024. Stage 2 |
Stage 3 | Stage 1 | 31.03.2025. Stage 2 |
Stage 3 |
| Central banks | 213,399 | - | - | 389,510 | - | |
| Mandatory reserve Allowance |
- - |
- - |
- - |
- - |
- - |
|
| Other receivables Allowance |
213,399 - |
- - |
- - |
389,510 - |
- - |
|
| Government | 346,482,362 | 5,953,843 | 2,815,323 | 348,258,376 | 5,189,666 | 2,815,975 |
| Gross loans Allowance |
347,658,404 (1,176,042) |
6,134,924 (181,082) |
2,885,568 (70,245) |
349,821,109 (1,562,733) |
5,354,394 (164,729) |
2,886,233 (70,258) |
| Credit institutuions Gross loans |
40,738 972 |
- - |
- - |
19,055,256 20,002,814 |
- - |
6,715 |
| Allowance Deposits |
(1) 39,866 |
- - |
- - |
(980,156) 32,680 |
- - |
(6,715) |
| Allowance | (100) | - | - | (82) | - | |
| Other financial institutions Gross loans |
63,260,348 61,265,474 |
228 240 |
2,528 2,591 |
64,058,581 62,132,661 |
271 294 |
2,021 2,074 |
| Allowance Deposits |
(249,286) 2,282,918 |
(12) - |
(63) - |
(244,867) 2,208,278 |
(22) - |
(52) |
| Allowance | (38,758) | - | - | (37,491) | - | |
| Non - financial institutions Gross loans |
694,049,086 701,452,939 |
174,118,276 185,847,426 |
26,140,616 73,647,622 |
751,900,397 760,429,575 |
164,402,862 174,849,666 |
25,950,618 73,462,688 |
| Allowance Retail |
(7,403,852) 1,286,114,799 |
(11,729,150) 257,183,607 |
(47,507,006) 30,364,613 |
(8,529,178) 1,342,412,641 |
(10,446,805) 262,749,768 |
(47,512,070) 32,188,442 |
| Gross loans Allowance |
1,291,875,469 (5,760,670) |
279,945,724 (22,762,117) |
127,174,656 (96,810,043) |
1,348,496,509 (6,083,868) |
284,305,994 (21,556,227) |
132,635,087 (100,446,645) |
| Total | 2,390,160,734 | 437,255,954 | 59,323,080 | 2,526,074,761 | 432,342,566 | 60,957,056 |
| 11) NON-TRADING FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS | in EUR | |||||
| AOP 013 Central banks |
31.12.2024. - |
31.03.2025. - |
||||
| Local state | - | - | ||||
| Credit institutions Other financial institutions |
- - |
- - |
||||
| Non - financial institutions Retail |
- 498,236 |
- 506,879 |
||||
| Total | 498,236 | 506,879 | ||||
| 12) DEPOSITS | in EUR | |||||
| AOP 044 Central banks |
31.12.2024. 73,884,161 |
31.03.2025. - |
||||
| Local state | 2,072,670,102 | 1,524,781,103 | ||||
| Credit institutions | 224,740,806 | 249,000,763 |
Non - financial institutions 931,590,491 933,257,107 Retail 3,435,715,982 3,374,459,164 Total 7,182,370,233 6,506,317,164