QNB FINANCE LTD — Audit Report / Information 2021

Feb 1, 2021

QNBFINANCELTD.

FINANCIALSTATEMENTS

31DECEMBER2020

KPMG 25 C Ring Road PO Box 4473, Doha State of Qatar Telephone: +974 4457 6444 Fax: +974 4442 5626 Website: home.kpmg/ga

INDEPENDENT AUDITOR'S REPORT

To the Shareholder of QNB Finance Ltd.

Opinion

We have audited the financial statements of QNB Finance Ltd. (the 'Company'), which comprise the statement of financial position as at 31 December 2020, the statements of profit or loss and other comprehensive income, changes in equity and cash flows for the vear then ended, and notes, comprising significant accounting policies and other explanatory information.

In our opinion, the accompanying financial statements present fairly, in all material respects, financial position of the Company as at 31 December 2020, and its financial performance and its cash flows for the year then ended in accordance with International Financial Reporting Standards ('IFRS').

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing ('ISA'). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our audit report. We are independent of the Company in accordance with the International Ethics Standards Board for Accountants International Code of Ethics for Professional Accountants (including International Independence Standards)' (IESBA Code) together with the ethical requirements that are relevant to our audit of the Company's financial statements in the State of Qatar, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Responsibilities of the Board of Directors for the Financial Statements

The Board of Directors is responsible for the preparation and fair presentation of the financial statements in accordance with IFRS, and for such internal control as the Board of Directors determines is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Board of Directors is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

Auditor's responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISA will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with ISA, we exercise professional judgement and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion. forgery, intentional omissions, misrepresentations, or override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
• Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate. to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the financial statements. including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with the Board of Directors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

18 January 2021 Doha State of Qatar

STOM

Gopal Balasubramaniam Qatar Auditor's Registry Number 251 KPMG Licensed by QFMA: External Auditor's License No. 120153

QNB Finance Ltd.

Statement of Financial Position As at 31 December 2020

		2020	2019
	Notes	USD'000	USD'000
ASSETS
Amounts due from Parent Company		21,695,446	15,820,108
Total Assets		21,695,446	15,820,108
LIABILITIES AND EQUITY
LIABILITIES
Debt Securities	5	9,935,167	7,604,492
Other Borrowings	6	11,537,902	8,062,705
Other Liabilities		222,377	152,911
Total Liabilities		21,695,446	15,820,108
EQUITY
Share Capital	7
Retained Earnings
Total Equity
Total Liabilities and Equity		21,695,446	15.820,108

These financial statements were approved by the Board of Directors on 13 January 2021 and were signed on its behalf by:

................. Noor Mohd Al-Naimi

Director

The attached notes 1 to 10 form an integral part of these financial statements.

QNBFinanceLtd. StatementofProfitorLossandOtherComprehensiveIncome FortheYearEnded31December2020

2020	2019
USD'000	USD'000
569,262	561,999
(569,262)	(561,999)
-	-
-	-

Theattachednotes1to10formanintegralpartofthesefinancialstatements.

FortheYearEnded31December2020 StatementofChangesinEquity QNBFinanceLtd.

	ShareCapital	RetainedEarnings	Total
	USD'000	USD'000	USD'000
Balanceat1January2019	-	-	-
ProfitfortheYear	-	-	-
TotalComprehensiveIncomefortheYear	-	-	-
Balanceat31December2019	-	-	-
Balanceat1January2020	-	-	-
ProfitfortheYear	-	-	-
TotalComprehensiveIncomefortheYear	-	-	-
Balanceat31December2020	-	-	-

Theattachednotes1to10formanintegralpartofthesefinancialstatements.

StatementofCashFlows FortheYearEnded31December2020 QNBFinanceLtd.

	2020	2019
	USD'000	USD'000
CashFlowsfromOperatingActivities
ProfitfortheYear	-	-
Adjustmentsfor:
Interestincome	(569,262)	(561,999)
Interestexpense	569,262	561,999
	-	-
ChangesinOperatingAssets:
ChangesinDuefromParentCompany	(5,382,713)	(4,850,067)
NetCashusedinOperatingActivities	(5,382,713)	(4,850,067)
CashFlowsfromInvestingActivity
Interestreceived	446,020	511,587
NetCashfromInvestingActivity	446,020	511,587
CashFlowsfromFinancingActivities
ProceedsfromissuanceofDebtSecurities	3,200,000	1,850,000
RepaymentofDebtSecurities	(1,000,000)	-
ProceedsfromissuanceofOtherBorrowings	5,994,831	4,088,882
RepaymentofOtherBorrowings	(2,812,118)	(1,088,815)
Interestpaid	(446,020)	(511,587)
NetCashfromFinancingActivities	4,936,693	4,338,480
Netincreaseincashandcashequivalents	-	-
Cashandcashequivalentsat1January	-	-
Cashandcashequivalentsasat31December	-	-

1.CORPORATEINFORMATION

QNB Finance Ltd. (the "Company") was incorporated on 18 October 2010 and registered as an exempt company with limited liability in Cayman Islands. The principal purpose of the Company is to raise funding through the international capital markets to lending to Qatar National Bank (Q.P.S.C.) (the "Bank" or "Parent Company"). All the Debt Securities and Other Borrowings issued by the Company are irrevocably and unconditionally guaranteed by the Bank. The registered office of the Company is situated at P.O. Box 309,UglandHouse,GrandCayman,KY1-1104,CaymanIslands.

TheCompanyisawhollyownedsubsidiaryofQatarNationalBank(Q.P.S.C.)

During 2011, the Company established a USD7.5 billion Medium Term Note ("MTN") programme under Reg S format and certain of the Notes issued under the MTN programme are listed in London Stock Exchange. The size of the MTN programme was later increased in multiple phases leading to USD 22.5 billion. Notes to be issued under the programme may comprise senior Notes (the "Senior Notes") and subordinated Notes (the "Subordinated Notes"). As at 31 December 2020, the aggregate nominal amount of Notes outstanding will not at any time exceed USD 22.5 billion (or the equivalent in other currencies) under the MTN programme. Also, the Company has issued certain Series of Notes under the MTN programme which are dual-listed on the Taipei Exchange and theLondonStockExchange.

On 27 April 2016, the Company established an AUD 2 billion debt issuance under Kangaroo Programme for the issuance of Australian dollar-denominated medium-term notes, which may be issued in the Australian wholesale capital market. As at 31 December2020,theCompanyhasissuedAUD700millionundertheKangarooProgramme.

2.BASISOFPREPARATION

a)Statementofcompliance

ThefinancialstatementshavebeenpreparedinaccordancewithInternationalFinancialReportingStandards("IFRS").

b)Basisofmeasurement

The financial statements have been prepared on the historical cost basis. The statement of financial position has been presented basedonliquidity.

c)Functionalandpresentationcurrency

These financial statements have been presented in US Dollars ("USD"), which is the Company's functional currency. All financial informationpresentedinUSDollarshasbeenroundedtothenearestthousands.

d)Useofestimatesandjudgements

The preparation of financial statements in conformity with IFRS requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actualresultsmaydifferfromtheseestimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the periodinwhichtheestimateisrevisedandinanyfutureperiodaffected.

Informationaboutsignificantareasofestimationuncertaintyandcriticaljudgmentsinapplyingaccountingpoliciesthathavethemost significanteffectontheamountrecognisedinthefinancialstatementsaredescribedbelow.

ExpectedCreditLosses(ECL)

Assessment whether credit risk on the financial asset has increased significantly since initial recognition and incorporation of forwardlookinginformationinthemeasurementofECL.

Goingconcern

TheCompany'smanagementhasmadeanassessmentoftheCompany'sabilitytocontinueasagoingconcernandissatisfiedthat theParentCompanywillprovidetherequiredfinancialsupportandtheParentCompanyhasresourcestocontinueinthebusinessfor theforeseeablefuture.Furthermore,themanagementisnotawareofanymaterialuncertaintiesthatmaycastsignificantdoubtupon theCompany'sabilitytocontinueasagoingconcern.Therefore,thefinancialstatementscontinuetobepreparedonthegoing concernbasis.

3.SIGNIFICANTACCOUNTINGPOLICIES

Theaccountingpoliciessetoutbelowhavebeenappliedconsistentlytoallperiodspresentedinthesefinancialstatements.

a)ForeignCurrencies

The financial statements are denominated in US Dollars. Transactions in other foreign currencies are translated into US Dollars at the exchange rates prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into US Dollars at the rates ruling at the statement of financial position date. Foreign currency differences resulting from the settlement of foreign currency transactions and arising on translation at period end exchange rates of monetary assets and liabilities denominatedinforeigncurrenciesarerecognisedinthestatementofprofitorlossandothercomprehensiveincome.

b)RevenueRecognition

Interestincomeisrecognisedinstatementofprofitorlossusingtheeffectiveinterestratemethod.

The effective interest rate is the rate that exactly discounts the estimated future cash payments and receipts through the expected life of the financial asset or liability (or, where appropriate, a shorter period) to the carrying amount of the financial asset or liability. When calculating the effective interest rate, the Company estimates future cash flows considering all contractual terms of the financial instrument,butnotfuturecreditlosses.

The calculation of the effective interest rate includes all relevant transaction costs and fees paid or received that are an integral part of theeffectiveinterestrate.

c)FinancialInstruments

Financial instruments comprise financial assets and financial liabilities. Financial assets consists of amounts due from Parent Companyandfinancialliabilitiesconsistofdebtsecurities,otherborrowingsandcertainotherliabilities.

(i)Non-derivativefinancialassets

Amounts due from Parent Company has been recognised initially at fair value. Subsequent to the initial recognition it is measured at amortisedcostlessanyimpairmentlosses,ifany.

InitialRecognition

All financial assets are recognised on the trade date, which is the date that the Company becomes a party to the contractual provisionsoftheinstrument.

Derecognition

Financial assets are derecognised when the contractual right to receive cash flows from the assets have expired, or when the Companyhastransferredthecontractualrighttoreceivecashflowsofthefinancialassets.

When assets are sold to a third party with a concurrent total rate of return swap on the transferred assets, the transaction is accounted for as a secured financing transaction similar to repurchase transactions as the Group retains all or substantially all the risksandrewardsofownershipofsuchassets.

Financial assets and liabilities are offset and the net amount presented in the statement of financial position when, and only when, the Company has a legal right to offset the amounts and intends either to settle on a net basis or to realise the asset and settle the liability simultaneously.

Financial asset is measured at amortised cost if it if is held within a business model whose objective is to hold assets to collect contractual cash flows and contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. In addition, on initial recognition, the Company may irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortised cost or at FVOCI as at FVPL if doing soeliminatesorsignificantlyreducesanaccountingmismatchthatwouldotherwisearise.

(ii)Non-derivativefinancialliabilities

Debt securities and other borrowings are recognised initially at fair value. Subsequent to initial recognition, all financial liabilities are measuredatamortisedcost.

InitialRecognition

All financial liabilities are recognised on the trade date, which is the date that the Company becomes a party to the contractual provisionsoftheinstrument.

Derecognition

Financial liabilities are derecognised when they are extinguished, that is when the contractual obligation is discharged, cancelled or expired.

3.SIGNIFICANTACCOUNTINGPOLICIES(CONTINUED)

d)Impairmentoffinancialassets

The Company recognises loss allowances for expected credit losses (ECL) on these assets at an amount equal to lifetime ECL, except for the assets that are determined to have low credit risk at the reporting date or on which credit risk has not increased significantly since their initial recognition, for which they are measured as 12-month ECL. 12-month ECL are the portion of ECL that resultfromdefaulteventsonfinancialinstrumentsthatarepossiblewiththe12monthsafterthereportingdate.

ECL are a probability-weighted estimate of credit losses. For assets not credit-impaired, ECL is measured as the difference between the cash flows due from the entity in accordance with the contract and the cash flows that the Group expects to receive. For asset impaired,ECLismeasuresasthepresentvalueofestimatedfuturecashflows.

At each reporting date, the Group assesses whether these assets are impaired. A financial asset is 'credit-impaired' when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred, which includes significantfinancialdifficultyoftheborrowerorissuer,orabreachofcontract.

e)NewStandardsandAmendmentstoStandards

ThefollowingstandardhasbeenappliedbytheCompanyinpreparationofthesefinancialstatements.Theadoptionofthebelow standarddidnotresultinchangestopreviouslyreportednetprofitorequityoftheCompany:

Description Effectivefrom

DefinitionofMaterial–AmendmentstoIAS1andIAS8 1January2020 DefinitionofaBusiness–AmendmentstoIFRS3 1January2020 RevisedConceptualFrameworkforFinancialReporting 1January2020

Noneoftheabovestandardshadamaterialimpactonthesefinancialstatements.

Standardsissuedbutnotyeteffective

Thebelowmentionedstandards,interpretationsandamendmentstostandardsarenotyeteffective.TheCompanyiscurrently evaluatingtheimpactofnewstandard.TheCompanywilladoptthesenewstandardsontherespectiveeffectivedates.

IFRS17InsuranceContracts

EffectiveDate 01/01/2023

4.FINANCIALRISKMANAGEMENT

I.FinancialInstruments

a)DefinitionandClassification

Financial instruments cover all financial assets and liabilities of the Company. Financial assets include amounts due from the Parent Companyandfinancialliabilitiesrepresentdebtsecurities,otherborrowingsandcertainotherliabilities.

Note3explainstheaccountingpoliciesusedtorecogniseandmeasurefinancialinstruments.

b)FairValueofFinancialInstruments

FairvaluesofallthefinancialassetsandliabilitiesaredisclosedinNote4(e).

II.RiskManagement

a)RiskManagementFramework

Risk is limited in the Company's activities and it is managed through a process of ongoing identification, measurement and monitoring, subject to risk limits and other controls at the Parent Company level. This process of risk management is critical to the Company's continuing profitability. The main risks arising from the Company's financial instruments are credit risk, liquidity risk and marketrisk.

The independent risk control process does not include business risks such as changes in the environment, technology and industry. TheyaremonitoredthroughtheParentCompany'sstrategicplanningprocess.

Furthermore,theCompanyfollowstheParentCompany'sriskmanagementframeworkandriskmanagementapproach.

Riskmanagementstructure

The Parent Company is ultimately responsible for identifying and controlling risks. However, there are separate independent bodies responsibleformanagingandmonitoringrisks.

RiskMeasurementandReportingSystems

Monitoring and controlling risks is primarily performed based on limits established by the Parent Company. These limits reflect the businessstrategyandmarketenvironmentoftheCompanyaswellasthelevelofriskthattheParentCompanyiswillingtoaccept.

b)CreditRisk

Credit risk is the risk that one party to a financial instrument will fail to discharge an obligation and cause the other party to incur a financialloss.

Grossmaximumexposuretocreditriskisshownbelow:

	31December	31December
	2020	2019
	USD'000	USD'000
AmountsduefromParentCompany	21,695,446	15,820,108
TotalCreditRiskExposure	21,695,446	15,820,108

c)LiquidityRisk

Liquidity risk is the risk that an entity will be unable to meet its funding requirements. The contractual maturities of assets and liabilities have been determined on the basis of the remaining period at the end of the reporting period to the contractual maturity date. Management monitors the maturity profile to ensure that adequate liquidity is maintained. The table below shows the maturity profile oftheCompany'sfinancialliabilitiesat31Decemberbasedoncontractualundiscountedrepaymentobligations.

The Company is an exempted company with limited liability incorporated under the laws of the Cayman Islands for the principal purposeofprovidingfunding,throughtheinternationalcapitalmarkets,totheParentCompany.

From time to time, the Company issues Notes under the MTN programme. In the case of each such issuance under the MTN programme, the notes are guaranteed by the Parent Company and the proceeds of each issuance made available to the Parent Company pursuant to one or more loan agreements (each, a "Notes Loan Agreement"), whereby the Parent Company is obligated to makepaymentstotheCompanythatmatchthepaymentobligationsoftheCompanyundertheNotes.

As the Company does not have any business operations, the Company is entirely dependent on Parent Company to service its payment obligations under the Notes, therefore, the Company's ability to fulfil its payment obligations under the Notes is entirely dependent on Parent Company's performance, and thus the Company is subject to all the risks to which Parent Company is subject, including to the extent that such risks could limit Parent Company's ability to satisfy in full and on a timely basis its obligations under theDeedofGuarantee.

4.FINANCIALRISKMANAGEMENT(CONTINUED)

c)LiquidityRisk(continued)

2020	Within	1-3	3-12	1-5	Morethan
	1Month	Months	Months	Years	5Years	Total
	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000
DebtSecurities	1,508	64,362	2,929,637	4,163,568	10,019,663	17,178,740
OtherBorrowings	47,916	426,666	1,537,691	8,123,977	2,485,998	12,622,248
OtherLiabilities	-	222,377	-	-	-	222,377
TotalLiabilities	49,423	713,405	4,467,329	12,287,545	12,505,662	30,023,365
2019	Within	1-3	3-12	1-5	Morethan
	1Month	Months	Months	Years	5Years	Total
	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000
DebtSecurities	3,386	14,050	1,041,777	6,709,064	192,857	7,961,134
OtherBorrowings	14,551	2,697,127	314,075	5,149,180	1,015,801	9,190,734
OtherLiabilities	-	152,911	-	-	-	152,911
TotalLiabilities	17,937	2,864,088	1,355,852	11,858,244	1,208,658	17,304,779

d)MarketRisk

CurrencyRisk

The Company is not exposed to any currency risk as the risk arising from the respective financial liabilities have an equal and opposite impact to the financialassetsoftheCompany.AlsoallcurrencyrisksarebornebytheParentCompany.

InterestRateRisk

The Company is not exposed to any interest risk as the risk arising from the respective financial liabilities have an equal and opposite impact to the financial assets of the Company. Also all interest rate risks are borne by the Parent Company and a significant portion of the Company's financial assetsandfinancialliabilitiescompriseoffixedratedebtsecurities.

e)Fairvalues

ThetablebelowshowsthefairvaluesofthefinancialassetsandfinancialliabilitiesoftheCompanyasattheendoftheyear.

	Carryingvalues			Fairvalues
	2020	2019	2020	2019
	USD'000	USD'000	USD'000	USD'000
DuefromParentCompany	21,695,446	15,820,108	21,695,446	15,820,108
DebtSecurities	9,935,167	7,604,492	10,010,825	6,533,021
OtherBorrowings	11,537,902	8,062,705	11,914,558	9,037,845
OtherLiabilities	222,377	152,911	222,377	152,911

FairvaluemeasurementsfordebtsecuritieswerebasedonLevel1measurementtechniquesandfairvaluesforotherborrowingswerebasedon Level2measurementtechniquesasperIFRS13.

TherehavebeennotransfersbetweenLevel1andLevel2.(2019:Nil)

7.SHARECAPITAL

The issued and paid up share capital of the Company as at 31 December 2020 is USD 100 (31 December 2019: USD 100). The issued share capital of the Company comprises of 100 ordinary shares of par value of USD1each.Allsharescarryequalvotingrights.

8.MATURITYOFASSETSANDLIABILITIES

Asat31December2020		Noncurrent
	Currentportion	portion	Total
	USD'000	USD'000	USD'000
ASSETS
AmountsduefromParentCompany	1,975,335	19,720,111	21,695,446
TOTALASSETS	1,975,335	19,720,111	21,695,446
LIABILITIES
DebtSecurities	-	9,935,167	9,935,167
OtherBorrowings	1,752,958	9,784,944	11,537,902
OtherLiabilities	222,377	-	222,377
TOTALLIABILITIES	1,975,335	19,720,111	21,695,446
Asat31December2019ASSETS
AmountsduefromParentCompany	4,088,078	11,732,030	15,820,108
TOTALASSETS	4,088,078	11,732,030	15,820,108
LIABILITIES
DebtSecurities	999,580	6,604,913	7,604,493
OtherBorrowings	2,935,587	5,127,118	8,062,705
OtherLiabilities	152,911	-	152,911
TOTALLIABILITIES	4,088,078	11,732,031	15,820,109

Non-current portion of amounts due from Parent Company are identical to the non-current portion of amounts due under Debt Securities and Other Borrowings, since these represent contractual obligations to respective note holders of the Company. In case of any early repayment to note holders, the Parent Company provides the requiredfundingtotheCompany,tocomplywithpaymentobligations.

9.RELATEDPARTIES

TheCompanyhastransactionsintheordinarycourseofbusinesswiththeParentCompany. Attheendofthereportingperiod,suchsignificantbalancesincludethebelow:

	31December2020	31December2019
	USD'000	USD'000
StatementofFinancialPositionItemsDuefromParentCompany	21,695,446	15,820,108
IncomeStatementItemsInterestIncome	569,262	561,999

10.IMPACTOFCOVID-19

The coronavirus ("COVID-19") pandemic has spread across various geographies globally, causing uncertainties intheglobaleconomicenvironmentanddisruptiontobusinessandeconomicactivities.

The Company is closely monitoring the situation and has activated its business continuity planning and other risk management practices to manage the potential business disruption COVID-19 outbreak may have on its operations and financial performance. The Company has considered potential impacts of the current economic volatility, where relevant, in determination of the reported amounts of the Company's financial and non-financial assets and these are considered to represent management's best assessment based on observable information, however markets remain volatile and the recorded amounts remain sensitive to market fluctuations.

5.DEBTSECURITIES

FaceValueoftheBonds
Less:Unamortiseddiscount
Thetableshowsbelowthedetailsofthedebtsecuritiesissued:
2020
2022
2023
2024
2028
2047
2048
2025
2027
2060

TheabovedebtsecuritiesaredenominatedinUSDandAUD,andcompriseoffixedandfloatinginterestrates.

6.OTHERBORROWINGS

Thetablebelowshowsthematurityprofileoftheotherborrowingsoutstandingasattheendofthereportingperiod:

Asat31December2020

Total		1,752,958	2,727,269	1,718,566	1,357,027	168,064	84,452	48,091	193,325	128,068	1,746,154	143,061	449,109	106,946	914,813	11,537,902		Total		2,935,587	1,595,114	474,846	1,394,678	1,196,517	50,290	84,421	45,927	175,325	110,000
OTHER		27,308	68,108	39,159	176,032	-	-	-	-	-	88,334	-	-	-	-	398,941		OTHER		-	-	58,657	-	131,904	-	-	-	-	-
AUD		-	23,199	-	-	-	-	23,199	193,325	-	23,199	143,061	154,660	-	-	560,643		AUD		21,039	-	-	-	-	-	-	21,039	175,325	-
IDR		-	-	-	50,420	-	-	-	-	-	100,464	-	99,486	-	-	250,370		IDR		-	-	-	-	51,029	-	-	-	-	-
HKD		20,639	94,809	99,323	-	-	-	-	-	-	20,639	-	-	-	-	235,410		HKD		-	20,548	25,684	59,074	-	-	-	-	-	-
JPY		115,450	29,105	24,254	-	-	-	-	-	-	-	-	-	-	-	168,809		JPY		148,293	109,612	-	-	-	-	-	-	-	-
CNY	---------------------------------------------USD'000-----------------------------------------------------	779,911	107,028	80,730	106,238	168,064	-	-	-	-	984,306	-	129,962	106,946	-	2,463,185		CNY	---------------------------------------------USD'000-----------------------------------------------------	18,679	732,854	100,579	-	99,831	50,290	-	-	-	-
CHF			-	113,565	-	-	-	-	-	-	-	-	-	-	-	374,791		CHF				-	103,423	-	-	-	-	-	-
EUR		- 261,226	24,555	48,950	-	-	-	-	-	-	-	-	-	-	-	73,505		EUR		- 20,693	- 186,164	-	44,697	-	-	-	-	-	-
USD		548,423	2,380,464	1,312,585	1,024,339	-	84,452	24,892	-	128,068	529,212	-	65,000	-	914,813	7,012,248		USD		2,726,883	545,936	289,926	1,187,484	913,753	-	84,421	24,888	-	110,000
		2021	2022	2023	2024	2026	2033	2034	2039	2047	2025	2035	2030	2027	2060		Asat31December2019			2020	2021	2022	2023	2024	2026	2033	2034	2039	2047

Theabovecompriseoffixedandfloatinginterestrates.OthercurrenciesinclueGBP,INR,NZD,ZARandTRY.

5,883,291 44,697 310,280 1,002,233 257,905 105,306 51,029 217,403 190,561 8,062,705