Komercni Banka A.S.

Earnings Release • May 6, 2020

National Storage Mechanism | Additional information

RNS Number : 0386M

Komercni Banka

06 May 2020

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 6th May 2020 at 7:00 a.m. CET

Komercni banka, a.s. discloses obligatory published information - financial results as of 31st March 2020:

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

Note: As from 1 January 2019, KB reclassified charges for reservation of funds (commitment fees) from 'Net fee and commission income' to 'Net interest income'. The data for the comparative period have been restated and year-on-year commentaries are made in comparison with the restated base.

CZK million

	1Q 2020	1Q 2019
		Pro-forma
	(unaudited) (neauditováno)	(unaudited) (neauditováno)
Interest and similar income	11 598	10 363
Interest and similar expense	-5 753	-4 471
Net interest income and similar income	5 845	5 892
Net fee & commission income	1 353	1 428
Net profit of financial operations	589	571
Dividend income	1	1
Other income	54	64
Net banking income	7 841	7 956
Personnel expenses	-1 940	-1 905
General admin. expenses (excl. regulatory funds)	-892	-841
Resolution and similar funds	-942	-846
Depreciation, amortisation and impairment of operating assets	-631	-596
Total operating expenses	-4 406	-4 188
Gross operating income	3 435	3 768
Cost of risk	-154	176
Net operating income	3 281	3 944
Income from share of associated companies	78	62
Profit/(loss) attributable to exclusion of companies from consolidation	0	0
Net profits on other assets and impairment on goodwill	15	0
Profit before income taxes	3 374	4 007
Income taxes	-646	-757
Net profit	2 728	3 249
Profit attributable to the Non-controlling owners	70	73
Profit attributable to the Group's equity holders	2 658	3 176
Net profit/(loss) per share (in CZK, annualized)*	56,30	67,27

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

CZK million

	31 Mar 2020	31 Dec 2019
Assets	(unaudited) (neauditováno)	(unaudited) (neauditováno)
Cash and currents balances with national banks	29 445	17 744
Financial assets at fair value through profit or loss	41 315	23 398
Financial assets at fair value through profit or loss - non SPPI	0	0
Positive fair value of hedging financial derivatives	20 356	9 996
Financial assets at fair value through other comprehensive income (FV OCI)	37 494	36 204
Loans and advances to banks	342 931	244 561
Loans and advances to customers, net	661 387	647 258
o/w Reverse repo transactions	2 813	2 604
Debt securities	79 239	71 581
o/w Corporate debt securities	3 190	3 160
Financial assets at amortised cost	1 083 558	963 401
Tax assets	217	100
Investments in (subsidiaries) and associates	1 337	1 255
Intangible assets	6 168	6 018
Tangible assets	10 385	10 528
o/w Right of used Tangible assets	2 997
Goodwill	3 752	3 752
Other assets	6 080	4 938
Total assets	1 240 106	1 077 334
Liabilities and shareholders´ equity	30 Sep 2019	31 Dec 2019
Amounts due to central banks	0	1
Financial liabilities at fair value through profit or loss	35 325	23 725
Negative fair value of hedging financial derivatives	10 918	10 283
Amounts due to banks	117 905	93 581
Amounts due to customers	923 663	821 506
o/w Repo transactions with customers	28 783	5 206
Securities issued	4 156	3 621
Lease Liability	3 031	3 016
Financial liabilities at amoritsed cost	1 048 756	921 725
Tax liabilities	919	1 203
Subordinated debt	2 738	2 546
Other liabilities	31 221	9 216
Total liabilities	1 129 877	968 699
Equity
Share capital	19 005	19 005
Share premium, capital and reserve funds, remeasurements and undistributed earnings	88 050	86 535
Non-controlling interest	3 175	3 095
Total equity	110 229	108 635
Total liabilities and shareholders´ equity	1 240 106	1 077 334

http://www.rns-pdf.londonstockexchange.com/rns/0386M_1-2020-5-5.pdf

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