NATIONS TRUST BANK PLC
INCOME STATEMENT
Bank | Group | |||||||||||||||||
Twelve Months ended 31 December | Quarter ended 31 December | Twelve Months ended 31 December | Quarter ended 31 December | |||||||||||||||
2021 | 2020 | Change | 2021 | 2020 | Change | 2021 | 2020 | Change | 2021 | 2020 | Change | |||||||
Rs. '000 | Rs. '000 | (%) | Rs. '000 | Rs. '000 | (%) | Rs. '000 | Rs. '000 | (%) | Rs. '000 | Rs. '000 | (%) | |||||||
Gross Income | 38,141,860 | 40,398,618 | (6) | 9,991,187 | 9,707,934 | 3 | 38,378,461 | 40,666,236 | (6) | 10,044,124 | 9,759,996 | 3 | ||||||
Interest Income | 28,657,234 | 32,943,529 | (13) | 7,604,562 | 7,050,964 | 8 | 28,657,258 | 32,943,745 | (13) | 7,604,562 | 7,050,981 | 8 | ||||||
Less: Interest Expense | (14,678,428) | (19,339,856) | 24 | (3,621,494) | (4,210,311) | 14 | (14,579,618) | (19,271,631) | 24 | (3,594,269) | (4,195,551) | 14 | ||||||
Net Interest Income | 13,978,806 | 13,603,673 | 3 | 3,983,068 | 2,840,653 | 40 | 14,077,640 | 13,672,114 | 3 | 4,010,293 | 2,855,430 | 40 | ||||||
Fee and Commission Income | 6,433,245 | 5,247,681 | 23 | 1,946,450 | 1,661,768 | 17 | 6,669,822 | 5,515,025 | 21 | 1,999,387 | 1,713,813 | 17 | ||||||
Less: Fee and Commission Expense | (529,462) | (696,943) | 24 | (434,271) | (147,637) | (194) | (529,463) | (696,943) | 24 | (434,272) | (147,637) | (194) | ||||||
Net Fee and Commission Income | 5,903,783 | 4,550,738 | 30 | 1,512,179 | 1,514,131 | (0) | 6,140,359 | 4,818,082 | 27 | 1,565,115 | 1,566,176 | (0) | ||||||
Net Gains/(Losses) from Trading | 2,472,443 | 1,374,961 | 80 | 294,075 | 534,655 | (45) | 2,472,443 | 1,374,961 | 80 | 294,075 | 534,655 | (45) | ||||||
Net Fair Value Gains/(Losses) on Financial Assets at Fair | ||||||||||||||||||
Value through Profit or Loss | 9,103 | (11,591) | 179 | 3,514 | 22,729 | (85) | 9,103 | (11,591) | 179 | 3,514 | 22,729 | (85) | ||||||
Net Gains/(Losses) on Derecognition of Financial Assets at | ||||||||||||||||||
Fair Value through Other Comprehensive Income | 499,932 | 1,178,117 | (58) | (42,029) | 715,898 | (106) | 499,932 | 1,178,117 | (58) | (42,029) | 715,898 | (106) | ||||||
Net Other Operating Income/(Loss) | 69,903 | (334,079) | 121 | 184,615 | (278,079) | 166 | 69,903 | (334,021) | 121 | 184,615 | (278,079) | 166 | ||||||
Total Operating Income | 22,933,970 | 20,361,819 | 13 | 5,935,422 | 5,349,986 | 11 | 23,269,380 | 20,697,662 | 12 | 6,015,583 | 5,416,808 | 11 | ||||||
Impairment Charges/(Reversals) | 3,742,158 | 3,846,621 | 3 | 1,245,587 | 1,181,277 | (5) | 3,742,158 | 3,846,621 | 3 | 1,245,587 | 1,177,154 | (6) | ||||||
Loans and Advances | 2,990,796 | 3,418,405 | 13 | 929,240 | 869,514 | (7) | 2,990,796 | 3,418,405 | 13 | 929,240 | 869,514 | (7) | ||||||
Guarantees & Commitments | (12,925) | 58,680 | 122 | 18,236 | 144,610 | 87 | (12,925) | 58,680 | 122 | 18,236 | 144,610 | 87 | ||||||
Other Financial Assets | 764,288 | 369,536 | (107) | 298,111 | 167,153 | (78) | 764,288 | 369,536 | (107) | 298,111 | 163,030 | (83) | ||||||
Net Operating Income | 19,191,812 | 16,515,198 | 16 | 4,689,835 | 4,168,709 | 13 | 19,527,222 | 16,851,041 | 16 | 4,769,996 | 4,239,654 | 13 | ||||||
. | ||||||||||||||||||
Less: Expenses | ||||||||||||||||||
Personnel Expenses | 4,587,018 | 4,599,031 | 0 | 1,022,526 | 1,352,443 | 24 | 4,619,680 | 4,632,828 | 0 | 1,033,780 | 1,364,121 | 24 | ||||||
Depreciation of Property, Plant and Equipment | 394,030 | 448,893 | 12 | 88,847 | 108,923 | 18 | 436,260 | 490,988 | 11 | 99,370 | 119,449 | 17 | ||||||
Depriciation of Right of Use (ROU) Assets | 483,961 | 502,757 | 4 | 121,600 | 114,402 | (6) | 393,435 | 412,985 | 5 | 98,969 | 91,959 | (8) | ||||||
Amortization of Intangible Assets | 338,913 | 379,713 | 11 | 67,533 | 89,003 | 24 | 339,037 | 379,899 | 11 | 67,564 | 89,051 | 24 | ||||||
Other Operating Expenses | 3,312,875 | 3,355,120 | 1 | 522,700 | 873,149 | 40 | 3,333,492 | 3,379,284 | 1 | 526,381 | 879,520 | 40 | ||||||
Total Operating Expenses | 9,116,797 | 9,285,514 | 2 | 1,823,206 | 2,537,920 | 28 | 9,121,904 | 9,295,984 | 2 | 1,826,064 | 2,544,100 | 28 | ||||||
Operating Profit before Taxes on Financial Services | 10,075,015 | 7,229,684 | 39 | 2,866,629 | 1,630,789 | 76 | 10,405,318 | 7,555,057 | 38 | 2,943,932 | 1,695,554 | 74 | ||||||
Less: Value Added Tax (VAT) on Financial Services | 1,984,686 | 1,495,525 | (33) | 591,098 | 356,664 | (66) | 1,985,444 | 1,496,239 | (33) | 591,315 | 356,718 | (66) | ||||||
Profit before Income Tax | 8,090,329 | 5,734,159 | 41 | 2,275,531 | 1,274,125 | 79 | 8,419,874 | 6,058,818 | 39 | 2,352,617 | 1,338,836 | 76 | ||||||
Less: Income Tax Expense | 1,683,846 | 1,935,475 | 13 | 662,397 | 379,432 | (75) | 1,726,345 | 2,003,859 | 14 | 673,964 | 392,237 | (72) | ||||||
Profit for the Period | 6,406,483 | 3,798,684 | 69 | 1,613,134 | 894,693 | 80 | 6,693,529 | 4,054,959 | 65 | 1,678,653 | 946,599 | 77 | ||||||
Profit Attributable to: | ||||||||||||||||||
Equity Holders of the Parent | 6,406,483 | 3,798,684 | 69 | 1,613,134 | 894,693 | 80 | 6,693,529 | 4,054,959 | 65 | 1,678,653 | 946,599 | 77 | ||||||
Non-Controlling Interests | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
Earnings Per Share | ||||||||||||||||||
Basic/Diluted Earnings Per Share (Rs.) | 21.25 | 12.60 | 69 | 5.35 | 2.97 | 80 | 22.20 | 13.45 | 65 | 5.57 | 3.14 | 77 |
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