BANK OF GEORGIA Financial Performance and Strategy
Despite
consolidated
gross loan book
Revenue
Revenue
GEL mln
+54.7%
400
-4.5%
contraction by
339.5
350
14.9% y-o-y in
321.1
2009 net
300
interest income
250
+95.9%
118.7
121.9
219.5
declined by
200
+76.6%
5%. Interest
89.2
150
expense was
112.0
220.8
largely flat.
100-
63.4
199.2
45.3
130.2
50
24.7
66.7
38.8
In Q4 2009
0
Total operating
Income/Revenu
e was GEL
79.5 mln
(+0.2% q-o-q)
2005
2006
2007
2008
2009
Net Interest Income
Net Non Interest Income
Revenue, quarterly
-8.3%
Revenue by segments
Belarus
2.6%
GEL 8.4 mln
(+74.2% y-o-y)
Aldagi BCI
5.9%,
GEL 18.9mln
(+194.6% y-o-y)
Ukraine
6.3%
GEL 20.1 mln
(-35.8% y-o-y)
Other
6.4%,
GEL 20.6 mln
(+5.0% y-o-y)
BOG
Standalone
78.8%,
GEL 253.1 mln
(-8.8% y-o-y)
79.5
Composition of revenue Q4 2009
Net foreign
currency
related income
6.6%,
GEL 5.2 mln
Net fee and(-19.1% q-o-q)
commision
income 15.3%
GEL 12.2 mln
(+1.1% q-o-q)
Net income
from
documentary
operations
2.9%,
GEL 2.3 mln
(-0.7% q-o-q)
GEL mln
In 2009 Total
100
operating
86.1
85.9
86.6
90
81.1
81.7
80.6
Income/Revenu
79.3
80
e was GEL
27.1
70
30.3
30.2
321.1 mln
31.3
29.3
31.1
30.4
31.1
60
(-5.4% y-o-y)
50
Georgia
40
40
accounts for
30
58.9
55.8
56.4
52.4
91.1% of total
49.8
49.5
48.9
48.4
20
consolidated
10
revenues, BG
0
Bank 6.3% and
Q1 2008
Q2 2008
Q3 2008
Q4 2008
Q1 2009
Q2 2009
Q3 2009
Q4 2009
BNB 2.6%
Lobko
BANK OF GEORGIA
www.bog.ge/ir
Net Interest Income Net Non-Interest Income
Page 31
Net other non-
interest income
14.3%,
GEL 11.4 mln
(+19.0% q-o-q)
Net interest
income 60.9%,
GEL 48.4 mln
(-1.1% q-o-q)
April 2010
Page 31View entire presentation