Extracts from the IFRS Condensed Consolidated Interim Financial Information of OJSC Bank St Petersburg Group for 9 months ended September 30, 2009

Transcription

1 Extracts from the IFRS Condensed Consolidated Interim Financial Information of OJSC Bank St Petersburg Group for 9 months ended September 30, 2009

2 CONTENTS Condensed Consolidated Interim Balance Sheet as at September 30, 2009 Condensed Consolidated Interim Balance Sheet as at September 30, Condensed Consolidated Interim Statement of Comprehensive Income for the Period Ended September 30, Trading Securities... 2 Loans to Banks... 3 Loans and Advances to Customers... 4 Due to Banks... 5 Customer Accounts... 6 Bonds Issued... 7 Interest Income and Expense... 8 Condensed Consolidated Interim Balance Sheet by Currencies as at September 30, Condensed Consolidated Interim Balance Sheet by Maturity as at September 30,

3 Condensed Consolidated Interim Balance Sheet as at 30 September 2009 Note 30 September December 2008 ASSETS Cash and cash equivalents Mandatory cash balances with the Central Bank of the Russian Federation Trading securities Trading securities pledged under repurchase agreements Amounts receivable under reverse repurchase agreements Loans to banks Loans and advances to customers Investment securities available-for-sale Investment securities held-to-maturity Other financial assets Prepaid income tax Deferred income tax asset Premises and equipment Intangible assets Other assets Long-term assets held-for-sale TOTAL ASSETS LIABILITIES Due to banks Customer accounts Bonds issued Other debt securities in issue Other borrowed funds Other financial liabilities Income tax liability Deferred income tax liability Other liabilities TOTAL LIABILITIES EQUITY Share capital Share premium Revaluation reserve for premises Revaluation reserve for securities available-for-sale Retained earnings TOTAL EQUITY TOTAL LIABILITIES AND EQUITY A.V. Saveliev Chairman of the Management Board S.E. Lobach Chief Accountant

4 Condensed Consolidated Interim Statement of Comprehensive Income for the period ended 30 September 2009 Note 9 months ended 30 September months ended 30 September 2008 Interest income Interest expense 7 ( ) ( ) Net interest income Provision for loan impairment ( ) ( ) Net interest (loss)/income after provision for loan impairment ( ) Gains less losses/(losses less gains) arising from trading securities ( ) Gains less losses from trading in investment securities available-forsale Gains less losses from trading in foreign currencies Foreign exchange translation gains less losses/(losses less gains) ( ) Fee and commission income Fee and commission expense ( ) ( ) Provision for investment securities impairment (2 675) - Losses less gains from sale or early redemption of securities ( ) - Gains from early repayment Other (expense)/income (96 874) Operating income Administrative and other operating expenses - Staff costs ( ) ( ) - Costs related to the Group s premises and equipment ( ) ( ) - Other administrative and operating expenses ( ) ( ) Profit before tax Income tax expense (70 717) ( ) Profit for the period Other comprehensive income Gains on revaluation of securities available-for-sale Revaluation reserve for premises ( ) - Deferred income tax through equity related to components of comprehensive income Total comprehensive income for the period

5 1 Trading Securities (In thousands of Russian Roubles) 30 September December 2008 Federal loan bonds (OFZ bonds) Corporate bonds Corporate Eurobonds Russian Federation Eurobonds Municipal bonds Total debt securities Corporate shares Total trading securities Loans to Banks (In thousands of Russian Roubles) 30 September December 2008 Term placements with banks Provision for impairment (8 470) (27 546) Total loans to banks Loans and Advances to Customers (In thousands of Russian Roubles) 30 September December 2008 Corporate loans - loans to finance working capital investment loans loans to entities financed by the government Loans to individuals - mortgage loans car loans other loans to individuals Provision for impairment ( ) ( ) Total loans and advances to customers

6 3 Loans and Advances to Customers (continued) Movements in the provision for loan impairment during the period of 9 months ended 30 September 2009 are as follows: (In thousands of Russian Roubles) Corporate loans Loans to individuals Total Provision for loan impairment at 31 December Provision for impairment during the period Amounts written off during the period as uncollectible (20 349) (1 149) (21 498) Provision for loan impairment at 30 September Movements in the provision for loan impairment during the period of 9 months ended 30 September 2008 are as follows: (In thousands of Russian Roubles) Corporate loans Loans to individuals Total Provision for loan impairment at 31 December Provision for impairment during the period Amounts written off during the period as uncollectible ( ) (12) ( ) Provision for loan impairment at 30 September

7 3 Loans and Advances to Customers (continued) Economic sector risk concentrations within the customer loan portfolio are as follows: (In thousands of Russian Roubles) 30 September December 2008 Amount % Amount % Heavy machinery and ship-building Trade Construction Leasing and financial services Real estate Individuals Production and food industry Transport Entities financed by the government Chemical industry Energy Telecommunications Other Total gross loans and advances to customers (before impairment)

8 3 Loans and Advances to Customers (continued) The following tables provide information on the loans and advances to customers, their credit quality analysis and related provisions for impairment as at 30 September 2009: (In thousands of Russian Roubles) Loans and advances to legal entities: Loans collectively assessed for impairment, but not impaired Current loans and advances to customers (before provision for impairment) Provision for impairment Total loans and advances to customers (after provision for impairment) Provision for impairment to current loans, Standard loans not past due ( ) Watch list loans not past due ( ) Individually assessed loans, for which specific indications of impairment have been identified Not past due ( ) Past due loans less than 5 calendar days overdue (9 978) to 30 calendar days overdue (1 392) to 60 calendar days overdue (2 995) to 90 calendar days overdue (51 310) to 180 calendar days overdue ( ) more than 181 calendar days overdue ( ) Uncollectible loans ( ) Total loans and advances to legal entities ( ) Loans and advances to individuals: - mortgage loans ( ) car loans ( ) other consumer loans ( ) Total loans and advances to individuals ( ) Total loans and advances to customers ( )

9 3 Loans and Advances to Customers (continued) (In thousands of Russian Roubles) Mortgage loans Car loans Other loans to individuals Total loans and advances to individuals Loans to individuals Standard loans not past due Not past due individually assessed loans for which specific indications of impairment have been identified Past due loans less than 5 calendar days overdue to 30 calendar days overdue to 60 calendar days overdue to 90 calendar days overdue to 180 calendar days overdue to 365 calendar days overdue more than 365 calendar days overdue Total loans and advances to individuals Provision for impairment ( ) ( ) ( ) ( ) Total loans and advances to individuals

10 3 Loans and Advances to Customers (continued) The following tables provide information on the loans and advances to customers, their credit quality analysis and related provisions for impairment as at 31 December 2008: (In thousands of Russian Roubles) Current loans and advances to customers (before provision for impairment) Provision for impairment Total current loans and advances to customers (after provision for impairment) Provision for impairment to current loans, % Loans and advances to legal entities: Loans collectively assessed for impairment, but not impaired Standard loans not past due ( ) Watch list loans not past due ( ) Individually assessed loans, for which specific indications of impairment have been identified Not past due ( ) to 30 calendar days overdue (19 661) to 60 calendar days overdue (18 211) to 90 calendar days overdue (22 348) to 180 calendar days overdue ( ) Uncollectible loans ( ) Total loans and advances to legal entities ( ) Loans and advances to individuals: Loans collectively assessed for impairment - mortgage loans ( ) car loans (79 791) other consumer loans ( ) Total loans and advances to individuals ( ) Total loans and advances to customers ( )

11 3 Loans and Advances to Customers (continued) (In thousands of Russian Roubles) Mortgage loans Car loans Other loans to individuals Total loans and advances to individuals Loans to individuals Standard loans not past due less than 5 calendar days overdue to 30 calendar days overdue to 60 calendar days overdue to 90 calendar days overdue to 180 calendar days overdue to 365 calendar days overdue more than 365 calendar days overdue Total loans and advances to individuals Provision for impairment ( ) (79 791) ( ) ( ) Total loans and advances to individuals Due to Banks (In thousands of Russian Roubles) 30 September December 2008 Term placements of banks Amounts payable under sale and repurchase agreements Correspondent accounts and overnight placements with banks Total due to banks

12 5 Customer accounts (In thousands of Russian Roubles) 30 September December 2008 State and public organisations - Current/settlement accounts Term deposits Other legal entities - Current/settlement accounts Term deposits Sale and repurchase agreements Individuals - Current/demand accounts Term deposits Total customer accounts

13 6 Bonds issued (In thousands of Russian Roubles) 30 September December 2008 Subordinated Eurobonds Eurobonds Bonds Total bonds issued Interest income and expense (In thousands of Russian Roubles) 9 months ended 30 September months ended 30 September 2008 Interest income Loans and advances to customers Loans to banks Trading securities Sale and repurchase agreements Investment securities held-to-maturity Correspondent accounts with other banks Investment securities available-for-sale Total interest income Interest expense Term deposits of legal entities Term deposits of individuals Due to banks Other borrowed funds Bonds issued Other debt securities in issue Current/settlement accounts Total interest expense Net interest income

14 8 Condensed Consolidated Interim Balance Sheet by Currencies as at September 30, 2009 (In thousands of Russian Roubles) Russian Roubles US Dollars Euro Other Total Assets Cash and cash equivalents Mandatory cash balances with CBRF Trading securities Trading securities pledged under repurchase agreements Amounts receivable under reverse repurchase agreements Loans to banks Loans and advances to customers Investment securities available-for-sale Investment securities held-to-maturity Other financial assets Prepaid income tax Deferred tax asset Premises and equipment Intangible assets Other assets Long-term assets held-for-sale Total assets Liabilities Due to banks Customer accounts Bonds issued Other debt securities in issue Other borrowed funds Other financial liabilities Other liabilities Total liabilities Less fair value of currency derivatives Net balance sheet position, excluding currency derivatives ( ) Currency derivatives ( ) ( ) ( ) Net balance sheet position, including currency derivatives ( ) ( )

15 9 Condensed Consolidated Interim Balance Sheet by Maturity as at September 30, 2009 (In thousands of Russian Roubles) Demand and less than 1 month From 1 to 6 months From 6 to 12 months From 1 to 5 years More than 5 years Total Assets Cash and cash equivalents Mandatory cash balances with CBRF Trading securities Trading securities pledged under repurchase agreements Amounts receivable under reverse repurchase agreements Loans to banks Loans and advances to customers Investment securities availablefor-sale Investment securities held-tomaturity Other financial assets Prepaid income tax Deferred tax asset Premises and equipment Intangible assets Other assets Long-term assets held-tomaturity Total assets Liabilities Due to banks Customer accounts Bonds issued Other debt securities in issue Other borrowed funds Other financial liabilities Other liabilities Total liabilities Net liquidity gap ( ) ( ) Cumulative liquidity gap as at September 30, 2009 ( ) ( ) ( )