BRD - Groupe Société Générale S.A.
Summary of consolidated and separate statement of financial position and income statement
BRD - Groupe Société Générale S.A.
COMPARATIVES CONSOLIDATED FINANCIAL POSITION
(Amounts in thousands RON)
June 30, 2022 | September 30, 2022 | December 31, 2022 | March 31, 2023 | June 30, 2023 | ||||||
(Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | |||||||
ASSETS | ||||||||||
Cash and due from Central Bank | 7,534,142 | 6,786,543 | 7,625,002 | 7,455,414 | 10,137,630 | |||||
Due from banks | 7,152,539 | 7,191,100 | 7,220,963 | 5,867,141 | 5,643,792 | |||||
Derivatives and other financial instruments held for trading | 992,111 | 1,374,470 | 2,343,377 | 1,373,986 | 1,628,958 | |||||
Financial assets at fair value through profit and loss | 7,936 | 13,739 | 14,262 | 13,813 | 12,656 | |||||
Financial assets at fair value through other comprehensive income | 15,091,718 | 14,079,229 | 13,439,596 | 13,776,021 | 13,221,971 | |||||
Financial assets at amortised cost | 36,068,961 | 37,574,905 | 39,019,048 | 40,134,823 | 42,103,551 | |||||
Loans and advances to customers | 35,328,558 | 36,176,880 | 36,288,342 | 37,179,322 | 37,991,030 | |||||
Treasury bills at amortised cost | 740,403 | 1,398,025 | 2,730,706 | 2,955,501 | 4,112,521 | |||||
Finance lease receivables | 1,325,738 | 1,371,372 | 1,407,394 | 1,470,930 | 1,567,195 | |||||
Investments in subsidiaries, associates and joint ventures | 108,012 | 107,288 | 113,670 | 114,435 | 79,041 | |||||
Property, plant and equipment | 1,027,301 | 1,032,731 | 1,063,863 | 1,046,025 | 1,044,721 | |||||
Investment property | 15,983 | 15,863 | 15,503 | 15,213 | 14,986 | |||||
Goodwill | 50,130 | 50,130 | 50,130 | 50,130 | 50,130 | |||||
Intangible assets | 346,427 | 360,881 | 407,487 | 422,284 | 433,445 | |||||
Current tax asset | 7,484 | - | 23,563 | - | - | |||||
Deferred tax asset | 535,430 | 558,438 | 496,034 | 422,129 | 382,382 | |||||
Other assets | 534,834 | 646,122 | 590,963 | 665,372 | 617,682 | |||||
Non-current assets held for sale | 11,040 | 10,946 | 10,912 | 10,850 | 22,505 | |||||
Total assets | 70,809,786 | 71,173,757 | 73,841,767 | 72,838,566 | 76,960,645 | |||||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||||||
Due to banks | 621,502 | 735,453 | 636,888 | 759,990 | 1,143,855 | |||||
Derivatives and other financial instruments held for trading | 496,944 | 764,233 | 1,443,546 | 696,092 | 891,084 | |||||
Due to customers | 53,665,039 | 55,158,255 | 56,660,841 | 55,574,160 | 58,440,681 | |||||
Borrowed funds | 7,600,823 | 5,677,460 | 5,625,488 | 5,633,743 | 5,668,496 | |||||
Subordinated debts | 1,237,282 | 1,238,564 | 1,238,651 | 1,239,330 | 1,242,916 | |||||
Current tax liability | 40,116 | 53,630 | 5,595 | 37,642 | 77,701 | |||||
Provisions | 330,068 | 373,105 | 393,452 | 384,522 | 375,621 | |||||
Other liabilities | 846,553 | 864,076 | 877,540 | 904,821 | 835,691 | |||||
Total liabilities | 64,838,327 | 64,864,776 | 66,882,001 | 65,230,300 | 68,676,045 | |||||
Share capital | 2,515,622 | 2,515,622 | 2,515,622 | 2,515,622 | 2,515,622 | |||||
Other reserves | (2,322,104) | (2,383,388) | (2,054,109) | (1,747,714) | (1,489,402) | |||||
Retained earnings and capital reserves | 5,719,947 | 6,116,181 | 6,439,441 | 6,776,679 | 7,192,849 | |||||
Non-controlling interest | 57,994 | 60,566 | 58,812 | 63,679 | 65,531 | |||||
Total shareholders' equity | 5,971,459 | 6,308,981 | 6,959,766 | 7,608,266 | 8,284,600 | |||||
Total liabilities and shareholders' equity | 70,809,786 | 71,173,757 | 73,841,767 | 72,838,566 | 76,960,645 | |||||
Tier 1 ratio | 18.5% | 18.0% | 20.6% | 18.1% | not available | |||||
CAR | 22.1% | 21.6% | 24.3% | 21.5% | not available |
1
BRD - Groupe Société Générale S.A.
COMPARATIVES CONSOLIDATED INCOME STATEMENT
(Amounts in thousands RON)
6M ended | 9M ended | Year ended | 3M ended | 6M ended | ||||||||||
June 30, 2022 | September 30, 2022 | December 31, 2022 | March 31, 2023 | June 30, 2023 | ||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | |||||||||||
Interest from loans and financial leases | 989,720 | 1,620,790 | 2,351,821 | 772,973 | 1,565,696 | |||||||||
Interest from deposits with banks | 14,909 | 31,950 | 60,254 | 52,631 | 137,443 | |||||||||
Interest from treasury bonds | 262,107 | 388,691 | 520,034 | 147,233 | 288,215 | |||||||||
Interest income from hedging instruments | 7,951 | 9,177 | 9,177 | - | - | |||||||||
Interest and similar income | 1,274,687 | 2,050,608 | 2,941,286 | 972,837 | 1,991,354 | |||||||||
Interest on deposits | (113,167) | (244,370) | (434,301) | (221,803) | (483,284) | |||||||||
Interest on borrowings and other debts | (36,078) | (76,159) | (119,242) | (61,914) | (135,356) | |||||||||
Interest expense on lease liabilities | (2,383) | (3,719) | (5,042) | (1,324) | (2,840) | |||||||||
Interest expense from hedging instruments | - | (1,970) | (12,267) | (17,258) | (40,806) | |||||||||
Interest and similar expense | (151,628) | (326,218) | (570,852) | (302,299) | (662,286) | |||||||||
Net interest income | 1,123,059 | 1,724,390 | 2,370,434 | 670,538 | 1,329,068 | |||||||||
Fees and commission income | 536,496 | 834,690 | 1,123,056 | 273,903 | 565,576 | |||||||||
Fees and commission expense | (163,181) | (259,347) | (368,727) | (101,573) | (205,010) | |||||||||
Fees and commissions, net | 373,315 | 575,343 | 754,329 | 172,330 | 360,566 | |||||||||
Gain on derivative, other financial instruments held for trading and foreign exchange | 133,856 | 227,809 | 316,229 | 90,534 | 169,635 | |||||||||
Gain from financial instruments at fair value through other comprehensive income | 2,415 | 2,415 | 2,415 | - | - | |||||||||
Gain from financial instruments at fair value through profit and loss | 2,352 | 2,019 | 2,541 | 1,538 | 4,157 | |||||||||
Net (loss)/Income from associates and joint ventures | (4,418) | (1,040) | 5,344 | 763 | 1,838 | |||||||||
Other income/(expense) from banking activities | 10,940 | 10,110 | 7,931 | (364) | (3,812) | |||||||||
Total non-interest income | 145,145 | 241,313 | 334,460 | 92,471 | 171,818 | |||||||||
Net banking income | 1,641,519 | 2,541,046 | 3,459,223 | 935,339 | 1,861,452 | |||||||||
Personnel expenses | (415,227) | (648,981) | (898,901) | (223,879) | (461,791) | |||||||||
Depreciation, amortization and impairment on tangible and intangible assets | (113,111) | (170,557) | (228,889) | (59,929) | (121,564) | |||||||||
Contribution to Guarantee Scheme and Resolution Fund | (69,171) | (69,171) | (69,171) | (75,775) | (68,094) | |||||||||
Other operating expenses | (255,195) | (387,218) | (547,641) | (148,423) | (292,117) | |||||||||
Total operating expenses | (852,704) | (1,275,927) | (1,744,602) | (508,006) | (943,566) | |||||||||
Gross operating profit | 788,815 | 1,265,119 | 1,714,621 | 427,333 | 917,886 | |||||||||
Cost of risk | (46,095) | (36,898) | (95,106) | (9,448) | 5,230 | |||||||||
Operating profit | 742,720 | 1,228,221 | 1,619,515 | 417,885 | 923,116 | |||||||||
Profit before income tax | 742,720 | 1,228,221 | 1,619,515 | 417,885 | 923,116 | |||||||||
Current tax expense | (112,485) | (210,529) | (280,610) | (60,234) | (149,509) | |||||||||
Deferred tax income/(expense) | (13,464) | (2,114) | (1,817) | (15,548) | (6,087) | |||||||||
Total income tax | (125,949) | (212,643) | (282,427) | (75,782) | (155,596) | |||||||||
Profit for the period | 616,771 | 1,015,578 | 1,337,088 | 342,103 | 767,520 | |||||||||
Profit attributable to equity holders of the parent | 608,509 | 1,004,744 | 1,328,008 | 337,236 | 753,410 | |||||||||
Profit attributable to non-controlling interests | 8,262 | 10,834 | 9,080 | 4,867 | 14,110 | |||||||||
C/I | 51.9% | 50.2% | 50.4% | 54.3% | 50.7% |
2
BRD - Groupe Société Générale S.A.
COMPARATIVES SEPARATE FINANCIAL POSITION
(Amounts in thousands RON)
June 30, 2022 | September 30, 2022 | December 31, 2022 | March 31, 2023 | June 30, 2023 | ||||||
(Unaudited) | (Unaudited) | |||||||||
ASSETS | ||||||||||
Cash and due from Central Bank | 7,534,141 | 6,786,477 | 7,624,933 | 7,455,347 | 10,137,628 | |||||
Due from banks | 7,136,879 | 7,175,282 | 7,204,987 | 5,851,012 | 5,628,732 | |||||
Derivatives and other financial instruments held for trading | 978,692 | 1,354,129 | 2,337,311 | 1,356,728 | 1,618,052 | |||||
Financial assets at fair value through profit and loss | 7,936 | 7,791 | 8,132 | 9,485 | 10,334 | |||||
Financial assets at fair value through other comprehensive income | 15,091,718 | 14,079,229 | 13,439,596 | 13,776,021 | 13,221,971 | |||||
Financial assets at amortised cost | 35,371,284 | 36,878,869 | 38,272,985 | 39,394,723 | 41,394,134 | |||||
Loans and advances to customers | 34,630,881 | 35,480,844 | 35,542,279 | 36,439,222 | 37,281,613 | |||||
Treasury bills at amortised cost | 740,403 | 1,398,025 | 2,730,706 | 2,955,501 | 4,112,521 | |||||
Investments in subsidiaries, associates and joint ventures | 159,087 | 159,087 | 129,964 | 129,964 | 115,744 | |||||
Property, plant and equipment | 1,008,953 | 1,015,195 | 1,046,443 | 1,025,579 | 1,021,754 | |||||
Investment property | 15,983 | 15,863 | 15,503 | 15,213 | 14,986 | |||||
Goodwill | 50,130 | 50,130 | 50,130 | 50,130 | 50,130 | |||||
Intangible assets | 345,140 | 359,264 | 405,667 | 420,390 | 431,655 | |||||
Current tax asset | 7,484 | - | 23,563 | - | - | |||||
Deferred tax asset | 521,929 | 545,057 | 478,893 | 413,678 | 369,153 | |||||
Other assets | 401,971 | 525,802 | 473,958 | 563,340 | 503,927 | |||||
Non-current assets held for sale | 11,040 | 10,946 | 10,912 | 10,850 | 22,943 | |||||
Total assets | 68,642,367 | 68,963,121 | 71,522,977 | 70,472,460 | 74,541,143 | |||||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||||||
Due to banks | 621,502 | 735,453 | 636,888 | 759,990 | 1,143,855 | |||||
Derivatives and other financial instruments held for trading | 496,944 | 764,233 | 1,443,546 | 696,092 | 891,084 | |||||
Due to customers | 53,796,167 | 55,316,544 | 56,915,740 | 55,793,184 | 58,626,400 | |||||
Borrowed funds | 5,770,889 | 3,793,031 | 3,567,262 | 3,568,748 | 3,579,033 | |||||
Subordinated debts | 1,237,282 | 1,238,564 | 1,238,651 | 1,239,330 | 1,242,916 | |||||
Current tax liability | 33,142 | 49,729 | - | 36,528 | 73,128 | |||||
Provisions | 320,113 | 363,199 | 380,172 | 364,083 | 365,815 | |||||
Other liabilities | 726,553 | 742,843 | 763,682 | 798,327 | 725,020 | |||||
Total liabilities | 63,002,592 | 63,003,596 | 64,945,941 | 63,256,282 | 66,647,251 | |||||
Share capital | 2,515,622 | 2,515,622 | 2,515,622 | 2,515,622 | 2,515,622 | |||||
Other reserves | (2,322,104) | (2,383,388) | (2,054,109) | (1,747,714) | (1,489,402) | |||||
Retained earnings and capital reserves | 5,446,257 | 5,827,291 | 6,115,523 | 6,448,270 | 6,867,672 | |||||
Total shareholders' equity | 5,639,775 | 5,959,525 | 6,577,036 | 7,216,178 | 7,893,892 | |||||
Total liabilities and shareholders' equity | 68,642,367 | 68,963,121 | 71,522,977 | 70,472,460 | 74,541,143 | |||||
Tier 1 ratio | 16.8% | 18.2% | 21.1% | 18.2% | 18.7% | |||||
CAR | 20.7% | 22.0% | 24.9% | 21.9% | 22.4% |
3
BRD - Groupe Société Générale S.A.
COMPARATIVES SEPARATE INCOME STATEMENT
(Amounts in thousands RON)
6M ended | 9M ended | Year ended | 3M ended | 6M ended | |||||||
June 30, 2022 | September 30, 2022 | December 31, 2022 | March 31, 2023 | June 30, 2023 | |||||||
(Unaudited) | (Unaudited) | ||||||||||
Interest from loans and financial leases | 916,354 | 1,509,725 | 2,201,210 | 729,281 | 1,473,753 | ||||||
Interest from deposits with banks | 14,591 | 31,474 | 59,622 | 52,478 | 137,136 | ||||||
Interest from treasury bonds | 262,107 | 388,691 | 520,034 | 147,233 | 288,215 | ||||||
Interest income from hedging instruments | 7,951 | 9,177 | 9,177 | - | - | ||||||
Interest and similar income | 1,201,003 | 1,939,067 | 2,790,043 | 928,992 | 1,899,104 | ||||||
Interest on deposits | (114,919) | (247,278) | (439,038) | (224,159) | (487,543) | ||||||
Interest on borrowings and other debts | (26,993) | (61,202) | (94,620) | (48,464) | (105,506) | ||||||
Interest expense on lease liabilities | (2,318) | (3,623) | (4,920) | (1,253) | (2,768) | ||||||
Interest expense from hedging instruments | - | (1,970) | (12,267) | (17,258) | (40,806) | ||||||
Interest and similar expense | (144,230) | (314,073) | (550,845) | (291,134) | (636,623) | ||||||
Net interest income | 1,056,773 | 1,624,994 | 2,239,198 | 637,858 | 1,262,481 | ||||||
Fees and commission income | 514,363 | 801,960 | 1,079,100 | 264,386 | 546,475 | ||||||
Fees and commission expense | (158,522) | (252,571) | (359,906) | (99,850) | (200,647) | ||||||
Fees and commissions, net | 355,841 | 549,389 | 719,194 | 164,536 | 345,828 | ||||||
Gain on derivative, other financial instruments held for trading and foreign exchange | 132,969 | 226,218 | 313,165 | 89,868 | 168,723 | ||||||
Gain from financial instruments at fair value through other comprehensive income | 2,415 | 2,415 | 2,415 | - | - | ||||||
Gain from financial instruments at fair value through profit and loss | 2,360 | 2,214 | 2,554 | 1,353 | 3,837 | ||||||
Net (loss)/Income from associates and joint ventures | (5,054) | (952) | (30,075) | - | 17,040 | ||||||
Other income/(expense) from banking activities | 46,372 | 44,647 | 42,412 | (254) | 6,309 | ||||||
Total non-interest income | 179,062 | 274,542 | 330,471 | 90,967 | 195,909 | ||||||
Net banking income | 1,591,676 | 2,448,925 | 3,288,863 | 893,361 | 1,804,218 | ||||||
Personnel expenses | (387,739) | (609,892) | (839,169) | (212,469) | (440,087) | ||||||
Depreciation, amortization and impairment on tangible and intangible assets | (110,053) | (166,450) | (223,599) | (58,854) | (119,239) | ||||||
Contribution to Guarantee Scheme and Resolution Fund | (69,171) | (69,171) | (69,171) | (75,775) | (68,094) | ||||||
Other operating expenses | (239,387) | (361,980) | (508,946) | (139,506) | (277,406) | ||||||
Total operating expenses | (806,350) | (1,207,493) | (1,640,885) | (486,604) | (904,826) | ||||||
Gross operating profit | 785,326 | 1,241,432 | 1,647,978 | 406,757 | 899,392 | ||||||
Cost of risk | (52,368) | (44,744) | (92,699) | (7,060) | (1,572) | ||||||
Operating profit | 732,958 | 1,196,688 | 1,555,279 | 399,697 | 897,820 | ||||||
Profit before income tax | 732,958 | 1,196,688 | 1,555,279 | 399,697 | 897,820 | ||||||
Current tax expense | (103,237) | (197,402) | (264,300) | (60,092) | (143,496) | ||||||
Deferred tax income/(expense) | (13,049) | (1,579) | (5,041) | (6,858) | (2,175) | ||||||
Total income tax | (116,286) | (198,981) | (269,341) | (66,950) | (145,671) | ||||||
Profit for the period | 616,672 | 997,707 | 1,285,938 | 332,747 | 752,149 | ||||||
C/I | 50.7% | 49.3% | 49.9% | 54.5% | 50.2% |
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BRD - Groupe Société Générale SA published this content on 01 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2023 07:25:09 UTC.