Komercni Banka A.S.

Earnings Release • Aug 2, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 5361W

Komercni Banka

02 August 2018

Komercni banka, a.s. http://www.kb.cz/en

Prague 1, Na Prikope 33, building identification number 969, Post Code 114 07

Identification No.: 45 31 70 54

incorporated in the Commercial Register maintained with the Municipal Court in Prague,

section B, insert 1360

Disclosed on 2nd August 2018 at 7:00 a.m. CET

Pursuant to Prague Stock Exchange Rules part III subsection 7(6)(a) and Act 256/2004 (Czech) Coll. subsections 125(1) Komercni banka, a.s. discloses obligatory published information - financial results as of 30th June 2018:

Consolidated Profit and Loss Statement of Komerční banka, a.s. - IFRS

Note: Pro-forma figures adjusted for reclassification of early prepayment fees from Net fee & commission income to Net interest and similar income and for separation of dividend income from Net interest and similar income

CZK million	1H 2018	1H 2017
		Pro-forma
	(unaudited) (neauditováno)	(unaudited) (neauditováno)
Interest and similar income	15 085	13 133
Interest and similar expense	-4 292	-2 723
Net interest income and similar income	10 793	10 410
Net fee & commission income	3 077	3 125
Net profit of financial operations	1 407	1 992
Dividend income	3	3
Other income	117	100
Net banking income	15 396	15 630
Personnel expenses	-3 998	-3 630
General admin. expenses (excl. regulatory funds)	-1 880	-2 080
Resolution and similar funds	-833	-854
Depreciation, amortisation and impairment of operating assets	-883	-1 049
Total operating expenses	-7 594	-7 614
Gross operating income	7 802	8 016
Cost of risk	401	94
Net operating income	8 204	8 110
Income from share of associated companies	113	108
Profit/(loss) attributable to exclusion of companies from consolidation	82	0
Net profits on other assets and impairment on goodwill	18	1 109
Profit before income taxes	8 417	9 327
Income taxes	-1 515	-1 446
Net profit	6 902	7 881
Profit attributable to the Non-controlling owners	149	184
Profit attributable to the Group's equity holders	6 754	7 697
Net profit/(loss) per share (in CZK, annualized)*	71,53	81,51

Consolidated Balance Sheet of Komerční banka, a.s. - IFRS

CZK million	30 Jun 2018	1 Jan 2018
Assets	(unaudited) (neauditováno)	(unaudited) (neauditováno)
Cash and currents balances with national banks	21 318	32 663
Financial assets at fair value through profit or loss	28 800	18 841
Financial assets at fair value through profit or loss - non SPPI	2 652	2 694
Positive fair value of hedging financial derivatives	10 459	13 408
Financial assets at fair value through other comprehensive income (FV OCI)	25 331	24 038
Loans and advances to banks	304 488	222 821
Loans and advances to customers, net	622 804	593 639
o/w Reverse repo transactions	10 425	1 256
Debt securities	74 433	70 340
o/w Corporate debt securities	3 746	3 635
Financial assets at amortised cost	1 001 724	886 800
Tax assets	217	296
Investments in (subsidiaries) and associates	1 029	1 181
Intangible assets	4 861	4 684
Tangible assets	7 563	7 404
Goodwill	3 752	3 752
Other assets	5 003	5 890
Total assets	1 112 710	1 001 652
Liabilities and shareholders´ equity	30 Jun 2018	1 Jan 2018
Amounts due to central banks	1	1
Financial liabilities at fair value through profit or loss	24 408	19 305
Negative fair value of hedging financial derivatives	11 199	10 329
Amounts due to banks	120 335	84 050
Amounts due to customers	831 974	762 043
o/w Repo transactions with customers	25 349	5 961
Securities issued	7 337	4 832
Financial liabilities at amoritsed cost	959 647	850 925
Tax liabilities	857	1 011
Subordinated debt	2 608	2 560
Other liabilities	18 888	19 360
Total liabilities	1 017 607	903 490
Equity
Share capital	19 005	19 005
Share premium, capital and reserve funds, remeasurements and undistributed earnings	72 880	75 445
Non-controlling interest	3 219	3 712
Total equity	95 104	98 162
Total liabilities and shareholders´ equity	1 112 710	1 001 652

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

IR PBMATMBTMBMP