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BKS Bank : Half-year Financial Report 2022 (PDF - 1.5MB)
BKS Bank : Half-year Financial Report 2022 (PDF -
About this update from Bks Bank Ag
7492618095791 2 Half-Year Financial 5 9Report 2022 41928 53285928371209 4145278295121 2022 Table of Contents Table of Contents BKS Bank at a Glance 3 Highlights of the First Half-Year 2022 4 Preface by the Chairwoman of the Management Board 6 Group Management Report 9 Economic Environment 10 Assets, Equity and Liabilities 11 Result of Operations 13 Segment Report 16 Consolidated Own Funds 18 Risk Management 19 Outlook 20 Consolidated Financial Statements pursuant to IFRS Statement of Comprehensive Income for the Period 01 January to 30 June 2022 26 Consolidated Balance Sheet for the Period Ended 30 June 2022 29 Consolidated Statement of Changes in Equity 30 Consolidated statement of Cash Flows 32 Notes to the Consolidated Financial Statements of BKS Bank 33 Management's Responsibility for the Financial Statements 52 Financial Calendar 2022 53 Forward-looking statements This half-year financial report contains statements and forecasts that refer to the future development of the BKS Bank Group. The forecasts are our estimates based on the information at our disposal on the copy deadline 24 August 2022. Should the assumptions regarding such forward-looking statements prove incorrect or should risks materialise to an extent not anticipated, the actual results may vary from those currently expected. This half-year financial report does not constitute a recommendation to buy or sell shares of BKS Bank AG. Disclaimer As auditing is not mandatory for this interim report, it has not been audited or reviewed by an auditor. Any minimal deviations of the values in the tables and charts are due to rounding differences. This half-year financial report is an unaudited translation from the German into English for the convenience of readers. 2 Table of Contents BKS Bank at a Glance Income Statement in €m HY1 2021 HY1 2022 ± in % Net interest income 67.5 69.6 3.2 Impairment charges -9.5 -13.4 41.2 Net fee and commission income 33.3 35.4 6.1 General administrative expenses -64.4 -66.5 3.3 Profit for the period before tax 43.5 32.4 -25.5 Profit for the period after tax 36.6 30.7 -16.2 Balance Sheet in €m 31/12/2021 30/06/2022 ± in % Total assets 10,578.0 10,700.3 1.2 Receivables from customers after impairment charges 6,958.6 7,150.8 2.8 Primary deposits 8,116.0 8,173.9 0.7 • thereof savings deposits 1,351.2 1,311.2 -3.0 • thereof securitised liabilities incl. subordinated d...