Financial information

ANNUAL & AUDIT REPORTS

BANK FINANCIAL INFORMATION

Audited financial report

Financial accounting system & Internal audit

The loans and other equivalent assets provided to the related parties

Performance of non-performing assets reduction plan

Transparency of the bank's operations

Quarterly financial report

Home / About TDB / Financial Statement

Annual report 2023

	File type: PDF
	File size: 11.3 MB
	Download

Annual report 2022

	File type: PDF
	File size: 13.0 MB
	Download

Annual report 2021

	File type: PDF
	File size: 13.0 MB
	Download

Annual report 2020

	File type: PDF
	File size: 12.3 MB
	Download

Annual report 2019

	File type: PDF
	File size: 16.5 MB
	Download

Annual report 2018

	File type: PDF
	File size: 13,1 MB
	Download

Annual report 2017

	File type: PDF
	File size: 9,23 MB
	Download

Annual report 2016

	File type: PDF
	File size: 25,7 MB
	Download

Annual report 2015

	File type: PDF
	File size: 12 MB
	Download

Annual report 2014

	File type: PDF
	File size: 10 MB
	Download

Annual report 2013

	File type: PDF
	File size: 19,5 MB
	Download

Annual report 2012

	File type: PDF
	File size: 17,1 MB
	Download

Annual report 2011

	File type: PDF
	File size: 4,04 MB
	Download

Annual report 2010

	File type: PDF
	File size: 2,04 MB
	Download

Annual report 2009

	File type: PDF
	File size: 3,42 MB
	Download

Annual report 2008

	File type: PDF
	File size: 2,35 MB
	Download

Annual report 2007

	File type: PDF
	File size: 2,89 MB
	Download

Annual report 2006

	File type: PDF
	File size: 1,51 MB
	Download

Annual report 2005

	File type: PDF
	File size: 1,37 MB
	Download

Annual report 2004

	File type: PDF
	File size: 1,95 MB
	Download

Annual report 2001

	File type: PDF
	File size: 1,1 MB
	Download

MNT'000

№	Balance sheet Items	2017	2018	2019	2020	2021
1	ASSETS
1.1	Cash and cash equivalents	997,866,505	737,292,340	1,295,249,694	1,323,759,630	2,252,561,796
1.2	Deposits and placements with banks and other financial institutions	772,668,510	1,001,447,054	701,133,462	789,927,406	889,438,717
1.3	Investment securities	1,418,206,854	1,359,422,998	1,233,715,858	1,066,101,940	941,922,674
1.4	Loans and advances (net)	2,890,248,724	3,221,064,579	3,523,846,941	4,108,718,369	4,588,465,406
1.5	Derivative financial assets	314,341,681	379,263,246	455,278,018	89,371,192	101,647,498
1.6	Other financial assets	22,896,479	22,509,698	20,917,782	29,607,601	77,670,178
1.7	Other non-financial assets	19,265,533	17,529,102	61,141,075	83,051,706	122,381,416
1.8	Fixed assets (net)	416,064,147	542,484,257	505,860,109	621,905,772	572,249,717
1.9	Intangible assets	2,586,782	2,776,409	5,870,617	4,374,414	2,334,413
	Total assets	6,854,145,215	7,283,789,683	7,803,013,556	8,116,818,030	9,548,671,815
2	LIABILITIES
2.1	Current accounts	1,213,768,492	1,545,572,663	1,262,387,717	1,239,238,572	1,765,171,558
2.2	Savings	1,692,713,603	1,963,131,337	2,106,793,490	3,753,708,228	3,868,498,364
2.3	Deposits and placements by banks and other financial institutions	1,393,641,222	1,122,640,565	1,701,489,044	838,989,773	1,866,561,713
2.4	Other deposits	1,661,025,454	1,677,047,777	1,736,961,062	525,591,998	638,690,526
2.5	Other liabilities	49,252,496	46,617,258	267,347,391	741,778,335	389,640,934
	Total liabilities	6,010,401,267	6,355,009,600	7,074,978,704	7,099,306,906	8,528,563,095
3	EQUITY
3.1	Share capital	50,000,011	55,205,582	50,000,707	72,723,171	323,809,899
3.2	Share premium	19,272,456	210,393,158	19,298,006	251,086,584	26
3.3	Treasury stock					-
3.4	Revaluation reserves	130,014,323	129,231,895	129,231,895	168,958,820	151,189,070
3.5	Retained earnings	557,868,817	493,318,567	486,923,727	500,149,802	485,660,947
3.6	Other capital	86,588,341	40,630,881	42,580,517	24,592,747	59,448,778
	Total equity	843,743,948	928,780,083	728,034,852	1,017,511,124	1,020,108,720
	Total liabilities and equity	6,854,145,215	7,283,789,683	7,803,013,556	8,116,818,030	9,548,671,815

INCOME STATEMENT	2017	2018	2019	2020	2021
Interest income	612,880,076	664,509,719	700,119,602	707,870,414	597,107,464
Interest expense	434,599,362	476,295,697	519,563,340	506,145,302	405,636,562
Net interest income	178,280,714	188,214,021	180,556,262	201,725,112	191,470,902
Provision expenses	129,244,808	152,036,389	26,481,990	71,801,257	15,835,763
Net interest income after provision	49,035,906	36,177,632	154,074,272	129,923,855	175,635,139
Other income	626,986,015	432,241,310	291,500,571	319,457,651	201,179,405
Other expenses	602,141,547	423,739,947	376,708,587	424,744,070	256,275,045
Profit before tax	73,880,373	44,678,996	68,866,256	24,637,436	120,539,499
Income tax expense	241,376	250,109	206	3,660,409	15,729,066
Profit after tax	73,638,997	44,428,887	68,866,050	20,977,027	104,810,433
Other comprehensive income	45,388,850	(46,739,888)	1,949,636	(1,424,125)	(5,056,677)
Total comprehensive income for the year	119,027,847	(2,311,001)	70,815,686	19,552,902	99,753,756

RATIOS	2017	2018	2019	2020	2021
Tier 1 Capital Adequacy Ratio	13.42%	16.55%	11.35%	14.83%	13.03%
Capital Adequacy Ratio	16.44%	19.52%	17.03%	16.35%	13.03%
Liquidity ratio	45.63%	42.33%	32.06%	39.24%	40.57%

	Time Period	Report
	Time Period	Mongolian	English
1	Audited report of 2013-2014	-	CLICK HERE
2	Audited report of 2014-2015	-	CLICK HERE
3	Audited report of 2015-2016	-	CLICK HERE
4	Audited report of 2016-2017	-	CLICK HERE
5	Audited report of 2017-2018	-	CLICK HERE
6	Audited report of 2018-2019	-	CLICK HERE
7	Audited report of 2019-2020	-	CLICK HERE
8	Audited report of 2020-2021	CLICK HERE	CLICK HERE
9	Audited report of 2021-2022	CLICK HERE	CLICK HERE
10	Audited report of 2022-2023	CLICK HERE	CLICK HERE

Financial accounting system

Financial Management and Controlling Department of TDB has responsibilities of which elaborates and revises accounting policy of the Bank while monitoring its implementation, prepares investment plan, income and expense budget and controlling its performance, processes cost allocation for business units, provides management team with executive financial packages, cooperates with external auditors on consolidated audited financial reports for public, local and overseas customers with accurate financial information to meet their needs for decision-making.

The Department complies with Mongolian Law on Accounting, Banking Act of Mongolia, IAS, IFRS, Mongolian Law on Corporate Income Tax and other respective laws, and the guideline of banking accounting approved jointly by the President of Bank of Mongolia and Minister of Finance, and other financial reporting guidelines and procedures issued by Minister of Finance and Bank of Mongolia as well as internal accounting procedures and guidelines approved by Chief Executive Officer of TDB.

Conducting bank’s accounting and financial statements in accordance with international accounting standards enables immediate access to consolidate financial information for each banking units and its employees and provides conditions for optimal financial and economic decision-making and for positive impacts on bank’s income and expenditure savings.

Financial Management and Controlling Department consists of the units of which those are in charge of accounting, general ledger, financial analysis/statements and financial planning. The Department provides general management for Financial Accounting and Controlling Unit, Sales and Procurement Unit and conducts step-by-step monitoring as well dual monitoring on Bank’s contracts entry, audits and on daily transactions of branches and settlement centers onsite, offsite basis.

Internal audit

Internal Audit Department of Trade and Development Bank operates under the supervision of Board of Directors and Audit Committee and reports its operation performance.

The main purpose of the internal auditing is to assess the effectiveness of risk management and internal control system of the Bank independently and to provide an objective assurance and consulting activity designed to improve an organization’s operations and to create an additional value for the Bank itself.

The Internal Audit Department provides monitoring and evaluation on the effectiveness, optimality of risk management and internal control system, implementation of all applicable laws, policies, procedures, business ethics in the bank’s operations. In addition, the Internal Audit Department advises the Executive Directors and other respective departments, units on measures how to assess, reduce and identify potential risks, to correct non-compliance and significant errors in order to improve bank’s operations in overall. Moreover the Department reports the final result and implementation of audit guidance to the Board of Directors and executes monitoring process focused on the advancement of bank’s operations and protecting trilateral interests of bank, shareholders and customers.

August 31, 2024

(MNT million)

Bank related party		Type of assets	Outstanding balance	Related party ratio
1.	Single related party exposure (not exceed 5% of the Bank capital)
1.1.	Bank shareholder	Loan, Receivable	-	0.00%
1.2.	Bank authorized person	Loan	3,371.9	0.24%
1.3.	Other related party	Receivable	42,317.0	2.99%
2.	Total related parties exposure (not exceed 20% of the Bank capital)
2.1.	Bank shareholder	Loan, Receivable	-	0.00%
2.2.	Bank authorized person	Loan, Receivable	4,955.1	0.35%
2.3.	Other related party	Loan, Other Assets	99,164.5	7.01%

(MNT million)

Indicators of non-performing assets reduction PLAN	Strategy enacted date / December 31, 2023	NON-PERFORMING ASSETS REDUCTION PLAN			REPORTING DATE / As of June 30, 2024
		Short term (first year)	Mid-term (2-4 years)	Long-term (more than 5 years)	REPORTING DATE / As of June 30, 2024
		As of December 31, 2024	As of December 31, 2027	As of December 31, 2028	ACTUAL	PERFORMANCE RATE
Non-performing loan ratio	9.41%	6.51%	6.30%	6.20%	7.28%	108.69%
NPL Coverage ratio	102.76%	107.05%	120.00%	120.00%	107.18%	91.58%
Restructured perfoming and special mention assets	0.04%	0.02%	0.17%	0.09%	0.03%	99.77%

ORGANISATIONAL STRUCTURE:

BANKING TYPE OF ACTIVITIES:

- Conduct savings;

- Loan;

- Settlement activities;

- Provide guarantees on its behalf regarding payments to third parties;

- Purchase, sell, deposit and place foreign currency on deposit;

- Purchase, sell, deposit and place precious metals and precious stones on deposit;

- Deposit precious thing;

- Conducting foreign settlement services;

- Issue, buy and sell securities;

- Deal in financial leasing transactions;

- Selling and buying loan portfolios and other financial instruments;

Banks carried out the above activities under a specified license.

BANKING SPECIFIED LICENSE:

- Insurance intermediation; (granted license from Finance Regulatory Commission)

- Custodian activities; (granted license from Finance Regulatory Commission)

Year:

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	3,942,014,581
1.2	Deposits and placements with banks and other financial institutions	1,242,588,520
1.3	Investment securities	772,299,062
1.3.1	Investments in subsidiaries and associates	5,196,223
1.4	Loans and advances (net)	5,141,349,288
1.4.1	Performing loans	5,014,957,304
1.4.2	Non-performing loans	487,455,204
1.4.3	Deferred loan payments	(8,890,827)
1.4.4	Accrued interest receivables	145,926,310
1.4.5	Provision for loan impairment	(498,098,703)
1.5	Derivative financial assets	51,908,989
1.6	Other financial assets	196,367,575
1.7	Other non-financial assets	238,423,397
1.8	Fixed assets (net)	571,116,864
1.9	Investment property	56,759,674
1.10	Held-for-sale assets	37,326,567
1.11	Intangible assets	38,174,215
1.12	Total assets	12,288,328,733
2	Liabilities	-
2.1	Current accounts	4,373,816,565
2.2	Savings	4,636,329,447
2.3	Deposits and placements by banks and other financial institutions	1,439,218,193
2.4	Other deposits	253,383,058
2.5	Other liabilities	239,273,666
	Total liabilities	10,942,020,929
3	EQUITY	-
3.1	Share capital	340,852,904
3.2	Share premium	64,069,779
3.3	Treasury stock	-
3.4	Revaluation reserves	139,303,196
3.5	Retained earnings	762,151,240
3.6	Other capital	39,930,683
3.7	Total equity	1,346,307,803
4	Total liabilities and equity	12,288,328,733

	INCOME STATEMENT	Bank
1	Interest income	235,892,264
1.1	Balances with the Bank of Mongolia	16,262,830
1.2	Due from other banks and financial institutions	16,824,944
1.3	Investments in securities	67,901,027
1.4	Loans and advances	134,903,463
1.5	Other	-
2	Interest expense	137,165,853
2.1	Current accounts	15,625,505
2.2	Savings	104,044,232
2.3	Borrowings	16,232,423
2.4	Securities	1,263,262
2.5	Others	431
3	Net interest income	98,726,411
4	Provision expenses	10,039,189
5	Net interest income after provision	88,687,222
6	Other income	81,962,032
6.1	Non-interest income	80,364,012
6.1.1	Trading income	9,197,908
6.1.2	Gains from foreign currency exchange translation and valuation	27,150,787
6.1.3	Fees and commission income	31,566,389
6.1.4	Other non-interest income	12,448,929
6.2	Other income	1,598,019
7	Other expense	99,834,214
7.1	Non-interest expense	98,180,604
7.1.1	Other provision expense	43,135,054
7.1.2	Trading expense	1,218,862
7.1.3	Losses from foreign currency exchange translation and valuation	-
7.1.4	Fees and commission expense	10,520,797
7.1.5	Other operating expense	43,305,891
7.2	Other expense	1,653,610
8	Profit before tax	70,815,040
9	Income tax expense	132,580
10	Profit after tax	70,682,460
11	Other comprehensive income	(155,084)
12	Total comprehensive income for the year	70,527,376

Off-balance items	MNT'000
Contingencies and commitments (net)	1,004,361,117

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	16.19%
Capital Adequacy Ratio	>12%	16.19%
Liquidity ratio	>25%	49.38%
Foreign currency exposure ratio (single currency)	<+/-15%	-6.72%
Foreign currency exposure ratio (total)	<+/-30%	-7.79%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	3,456,325,024
1.2	Deposits and placements with banks and other financial institutions	1,569,769,294
1.3	Investment securities	779,148,250
1.3.1	Investments in subsidiaries and associates	5,196,223
1.4	Loans and advances (net)	5,586,904,296
1.4.1	Performing loans	5,479,879,724
1.4.2	Non-performing loans	430,070,107
1.4.3	Deferred loan payments	(8,890,827)
1.4.4	Accrued interest receivables	146,812,258
1.4.5	Provision for loan impairment	(460,966,966)
1.5	Derivative financial assets	50,068,793
1.6	Other financial assets	163,573,928
1.7	Other non-financial assets	218,688,233
1.8	Fixed assets (net)	569,736,900
1.9	Investment property	56,759,674
1.10	Held-for-sale assets	136,772,380
1.11	Intangible assets	38,289,151
1.12	Total assets	12,626,035,923
2	Liabilities	-
2.1	Current accounts	3,718,189,144
2.2	Savings	4,790,168,316
2.3	Deposits and placements by banks and other financial institutions	2,207,732,902
2.4	Other deposits	212,164,500
2.5	Other liabilities	298,816,796
	Total liabilities	11,227,071,658
3	EQUITY	-
3.1	Share capital	340,852,904
3.2	Share premium	64,069,779
3.3	Treasury stock	-
3.4	Revaluation reserves	139,303,196
3.5	Retained earnings	813,342,605
3.6	Other capital	41,395,780
3.7	Total equity	1,398,964,265
4	Total liabilities and equity	12,626,035,923

	INCOME STATEMENT	Bank
1	Interest income	511,463,095
1.1	Balances with the Bank of Mongolia	25,966,029
1.2	Due from other banks and financial institutions	26,823,298
1.3	Investments in securities	125,705,857
1.4	Loans and advances	332,967,911
1.5	Other	-
2	Interest expense	282,155,777
2.1	Current accounts	29,506,639
2.2	Savings	217,412,477
2.3	Borrowings	32,491,425
2.4	Securities	2,744,584
2.5	Others	652
3	Net interest income	229,307,319
4	Provision expenses	17,254,329
5	Net interest income after provision	212,052,990
6	Other income	175,445,985
6.1	Non-interest income	173,282,898
6.1.1	Trading income	23,449,573
6.1.2	Gains from foreign currency exchange translation and valuation	24,818,045
6.1.3	Fees and commission income	67,001,362
6.1.4	Other non-interest income	58,013,918
6.2	Other income	2,163,087
7	Other expense	199,264,079
7.1	Non-interest expense	197,045,612
7.1.1	Other provision expense	67,969,135
7.1.2	Trading expense	1,300,131
7.1.3	Losses from foreign currency exchange translation and valuation	-
7.1.4	Fees and commission expense	21,951,324
7.1.5	Other operating expense	105,825,022
7.2	Other expense	2,218,467
8	Profit before tax	188,234,897
9	Income tax expense	14,090,314
10	Profit after tax	174,144,582
11	Other comprehensive income	1,310,013
12	Total comprehensive income for the year	175,454,595

Off-balance items	MNT'000
Contingencies and commitments (net)	1,268,030,702

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	15.17%
Capital Adequacy Ratio	>12%	15.17%
Liquidity ratio	>25%	43.50%
Foreign currency exposure ratio (single currency)	<+/-15%	-6.11%
Foreign currency exposure ratio (total)	<+/-30%	-10.86%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	2,716,149,044
1.2	Deposits and placements with banks and other financial institutions	1,008,214,163
1.3	Investment securities	1,041,788,379
1.3.1	Investments in subsidiaries and associates	924,685
1.4	Loans and advances (net)	3,858,233,548
1.4.1	Performing loans	3,645,935,284
1.4.2	Non-performing loans	609,752,104
1.4.3	Deferred loan payments	(4,131,850)
1.4.4	Accrued interest receivables	184,076,086
1.4.5	Provision for loan impairment	(577,398,076)
1.5	Derivative financial assets	245,098,895
1.6	Other financial assets	191,908,765
1.7	Other non-financial assets	199,505,418
1.8	Fixed assets (net)	491,477,572
1.9	Investment property	54,286,730
1.10	Held-for-sale assets	223,587,647
1.11	Intangible assets	1,579,052
1.12	Total assets	10,031,829,213
2	Liabilities	-
2.1	Current accounts	2,366,454,502
2.2	Savings	4,509,220,577
2.3	Deposits and placements by banks and other financial institutions	1,202,321,975
2.4	Other deposits	495,587,266
2.5	Other liabilities	307,185,316
	Total liabilities	8,880,769,636
3	EQUITY	-
3.1	Share capital	323,810,255
3.2	Share premium	738
3.3	Treasury stock	-
3.4	Revaluation reserves	145,651,452
3.5	Retained earnings	642,149,401
3.6	Other capital	39,447,731
3.7	Total equity	1,151,059,577
4	Total liabilities and equity	10,031,829,213

	INCOME STATEMENT	Bank
1	Interest income	163,780,721
1.1	Balances with the Bank of Mongolia	9,162,768
1.2	Due from other banks and financial institutions	6,520,570
1.3	Investments in securities	46,365,268
1.4	Loans and advances	101,732,115
1.5	Other	-
2	Interest expense	110,655,488
2.1	Current accounts	7,065,462
2.2	Savings	77,581,854
2.3	Borrowings	21,212,211
2.4	Securities	4,782,901
2.5	Others	13,060
3	Net interest income	53,125,234
4	Provision expenses	28,384,719
5	Net interest income after provision	24,740,514
6	Other income	94,304,005
6.1	Non-interest income	93,376,956
6.1.1	Trading income	12,932,388
6.1.2	Gains from foreign currency exchange translation and valuation	10,137,617
6.1.3	Fees and commission income	22,684,295
6.1.4	Other non-interest income	47,622,656
6.2	Other income	927,049
7	Other expense	71,483,134
7.1	Non-interest expense	70,775,163
7.1.1	Other provision expense	9,276,161
7.1.2	Trading expense	2,971,727
7.1.3	Losses from foreign currency exchange translation and valuation	13,702,417
7.1.4	Fees and commission expense	8,289,202
7.1.5	Other operating expense	36,535,656
7.2	Other expense	707,971
8	Profit before tax	47,561,385
9	Income tax expense	208,759
10	Profit after tax	47,352,626
11	Other comprehensive income	40,420,677
12	Total comprehensive income for the year	87,773,303

Off-balance items	MNT'000
Contingencies and commitments (net)	735,952,857

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	15.64%
Capital Adequacy Ratio	>12%	15.64%
Liquidity ratio	>25%	46.58%
Foreign currency exposure ratio (single currency)	<+/-15%	-4.90%
Foreign currency exposure ratio (total)	<+/-30%	-10.34%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	2,130,121,574
1.2	Deposits and placements with banks and other financial institutions	1,031,788,063
1.3	Investment securities	976,339,073
1.3.1	Investments in subsidiaries and associates	924,685
1.4	Loans and advances (net)	4,263,733,044
1.4.1	Performing loans	4,051,245,041
1.4.2	Non-performing loans	604,977,630
1.4.3	Deferred loan payments	(4,131,850)
1.4.4	Accrued interest receivables	185,430,496
1.4.5	Provision for loan impairment	(573,921,331)
1.5	Derivative financial assets	204,929,361
1.6	Other financial assets	199,309,440
1.7	Other non-financial assets	175,210,141
1.8	Fixed assets (net)	491,943,807
1.9	Investment property	53,885,882
1.10	Held-for-sale assets	218,076,662
1.11	Intangible assets	27,011,708
1.12	Total assets	9,772,348,756
2	Liabilities	-
2.1	Current accounts	2,142,368,645
2.2	Savings	4,266,416,541
2.3	Deposits and placements by banks and other financial institutions	1,481,631,585
2.4	Other deposits	336,556,355
2.5	Other liabilities	288,001,251
	Total liabilities	8,514,974,377
3	EQUITY	-
3.1	Share capital	340,852,904
3.2	Share premium	66,449,640
3.3	Treasury stock	-
3.4	Revaluation reserves	143,489,900
3.5	Retained earnings	689,087,989
3.6	Other capital	17,493,946
3.7	Total equity	1,257,374,379
4	Total liabilities and equity	9,772,348,756

	INCOME STATEMENT	Bank
1	Interest income	341,849,943
1.1	Balances with the Bank of Mongolia	18,776,258
1.2	Due from other banks and financial institutions	11,475,757
1.3	Investments in securities	91,438,912
1.4	Loans and advances	220,159,016
1.5	Other	-
2	Interest expense	221,086,543
2.1	Current accounts	18,163,026
2.2	Savings	156,298,601
2.3	Borrowings	38,390,813
2.4	Securities	8,205,902
2.5	Others	28,201
3	Net interest income	120,763,400
4	Provision expenses	57,784,973
5	Net interest income after provision	62,978,427
6	Other income	162,414,630
6.1	Non-interest income	160,701,053
6.1.1	Trading income	23,180,560
6.1.2	Gains from foreign currency exchange translation and valuation	3,726,122
6.1.3	Fees and commission income	47,683,016
6.1.4	Other non-interest income	86,111,355
6.2	Other income	1,713,577
7	Other expense	132,943,827
7.1	Non-interest expense	131,626,173
7.1.1	Other provision expense	34,260,956
7.1.2	Trading expense	5,466,462
7.1.3	Losses from foreign currency exchange translation and valuation	747,562
7.1.4	Fees and commission expense	17,781,287
7.1.5	Other operating expense	73,369,906
7.2	Other expense	1,317,654
8	Profit before tax	92,449,230
9	Income tax expense	319,568
10	Profit after tax	92,129,662
11	Other comprehensive income	11,832,465
12	Total comprehensive income for the year	103,962,127

Off-balance items	MNT'000
Contingencies and commitments (net)	911,677,560

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>13%	16.73%
Capital Adequacy Ratio	>12%	16.73%
Liquidity ratio	>25%	40.94%
Foreign currency exposure ratio (single currency)	<+/-15%	-10.98%
Foreign currency exposure ratio (total)	<+/-30%	-17.03%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	3,867,167,489
1.2	Deposits and placements with banks and other financial institutions	1,049,226,841
1.3	Investment securities	967,259,402
1.3.1	Investments in subsidiaries and associates	5,196,223
1.4	Loans and advances (net)	4,933,457,223
1.4.1	Performing loans	4,594,246,164
1.4.2	Non-performing loans	560,246,456
1.4.3	Deferred loan payments	(8,890,827)
1.4.4	Accrued interest receivables	199,842,821
1.4.5	Provision for loan impairment	(411,987,392)
1.5	Derivative financial assets	172,188,577
1.6	Other financial assets	163,492,442
1.7	Other non-financial assets	345,746,020
1.8	Fixed assets (net)	581,214,457
1.9	Investment property	53,256,860
1.10	Held-for-sale assets	8,259,130
1.11	Intangible assets	25,308,105
1.12	Total assets	12,166,576,545
2	Liabilities	-
2.1	Current accounts	3,913,330,517
2.2	Savings	4,594,267,410
2.3	Deposits and placements by banks and other financial institutions	1,669,206,994
2.4	Other deposits	152,377,332
2.5	Other liabilities	429,015,399
	Total liabilities	10,758,197,651
3	EQUITY	-
3.1	Share capital	340,852,904
3.2	Share premium	64,069,779
3.3	Treasury stock	-
3.4	Revaluation reserves	143,479,413
3.5	Retained earnings	689,288,519
3.6	Other capital	170,688,278
3.7	Total equity	1,408,378,894
4	Total liabilities and equity	12,166,576,545

	INCOME STATEMENT	Bank
1	Interest income	764,712,400
1.1	Balances with the Bank of Mongolia	41,860,604
1.2	Due from other banks and financial institutions	35,335,323
1.3	Investments in securities	173,619,150
1.4	Loans and advances	513,897,323
1.5	Other	-
2	Interest expense	469,048,441
2.1	Current accounts	37,883,524
2.2	Savings	339,751,292
2.3	Borrowings	78,350,667
2.4	Securities	10,962,354
2.5	Others	2,100,604
3	Net interest income	295,663,959
4	Provision expenses	78,768,202
5	Net interest income after provision	216,895,757
6	Other income	224,577,344
6.1	Non-interest income	213,991,795
6.1.1	Trading income	43,917,805
6.1.2	Gains from foreign currency exchange translation and valuation	1,563,764
6.1.3	Fees and commission income	94,497,319
6.1.4	Other non-interest income	74,012,907
6.2	Other income	10,585,549
7	Other expense	244,666,921
7.1	Non-interest expense	242,183,650
7.1.1	Other provision expense	17,821,156
7.1.2	Trading expense	1,091,076
7.1.3	Losses from foreign currency exchange translation and valuation	8,835,292
7.1.4	Fees and commission expense	38,800,036
7.1.5	Other operating expense	175,636,090
7.2	Other expense	2,483,271
8	Profit before tax	196,806,181
9	Income tax expense	45,587,714
10	Profit after tax	151,218,467
11	Other comprehensive income	58,029,931
12	Total comprehensive income for the year	209,248,398

Off-balance items	MNT'000
Contingencies and commitments (net)	971,579,589

RATIOS	Limit	Bank
Нэгдүгээр зэрэглэлийн өөрийн хөрөнгө болон эрсдэлээр жигнэсэн активын зохистой харьцаа	>9%	16.56%
Өөрийн хөрөнгө эрсдэлээр жигнэсэн активын харьцаа	>12%	16.56%
Төлбөр түргэн гүйцэтгэх чадварын үзүүлэлт	>25%	49.73%
Гадаад валютын нээлттэй позици болон өөрийн хөрөнгийн харьцаа (нэгж валютаар)	<+/-15%	-3.76%
Гадаад валютын нээлттэй позици болон өөрийн хөрөнгийн харьцаа (нийт)	<+/-30%	-7.07%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,734,219,211
1.2	Deposits and placements with banks and other financial institutions	938,203,539
1.3	Investment securities	977,830,485
1.3.1	Investments in subsidiaries and associates	15,985,715
1.4	Loans and advances (net)	4,767,070,572
1.4.1	Performing loans	4,247,475,427
1.4.2	Non-performing loans	669,878,427
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	366,671,856
1.4.5	Provision for loan impairment	(516,955,138)
1.5	Derivative financial assets	100,419,310
1.6	Other financial assets	189,884,463
1.7	Other non-financial assets	72,304,649
1.8	Fixed assets (net)	475,955,075
1.9	Investment property	80,268,999
1.10	Held-for-sale assets	4,943,227
1.11	Intangible assets	1,819,413
1.12	Total assets	9,342,918,943
2	Liabilities	-
2.1	Current accounts	1,918,370,850
2.2	Savings	3,732,714,595
2.3	Deposits and placements by banks and other financial institutions	1,828,509,211
2.4	Other deposits	592,824,298
2.5	Other liabilities	152,999,360
	Total liabilities	8,225,418,314
3	EQUITY	-
3.1	Share capital	323,809,899
3.2	Share premium	26
3.3	Treasury stock	-
3.4	Revaluation reserves	136,345,500
3.5	Retained earnings	645,075,054
3.6	Other capital	12,270,150
3.7	Total equity	1,117,500,629
4	Total liabilities and equity	9,342,918,943

	INCOME STATEMENT	Bank
1	Interest income	152,777,891
1.1	Balances with the Bank of Mongolia	1,414,437
1.2	Due from other banks and financial institutions	1,300,095
1.3	Investments in securities	44,549,683
1.4	Loans and advances	105,513,676
1.5	Other	-
2	Interest expense	83,928,746
2.1	Current accounts	-
2.2	Savings	55,642,100
2.3	Borrowings	20,590,676
2.4	Securities	7,650,523
2.5	Others	45,447
3	Net interest income	68,849,145
4	Provision expenses	28,619,109
5	Net interest income after provision	40,230,036
6	Other income	67,644,730
6.1	Non-interest income	67,215,472
6.1.1	Trading income	11,402,253
6.1.2	Gains from foreign currency exchange translation and valuation	25,140,771
6.1.3	Fees and commission income	19,124,884
6.1.4	Other non-interest income	11,547,564
6.2	Other income	429,258
7	Other expense	75,141,765
7.1	Non-interest expense	74,525,065
7.1.1	Other provision expense	14,891,787
7.1.2	Trading expense	4,110,365
7.1.3	Losses from foreign currency exchange translation and valuation	16,809,290
7.1.4	Fees and commission expense	6,799,642
7.1.5	Other operating expense	31,913,981
7.2	Other expense	616,700
8	Profit before tax	32,733,001
9	Income tax expense	82,974
10	Profit after tax	32,650,027
11	Other comprehensive income	15,670,986
12	Total comprehensive income for the year	48,321,013

Off-balance items	MNT'000
Contingencies and commitments (net)	735,306,846

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	14.89%
Capital Adequacy Ratio	>12%	14.89%
Liquidity ratio	>25%	34.95%
Foreign currency exposure ratio (single currency)	<+/-15%	-10.16%
Foreign currency exposure ratio (total)	<+/-30%	-19.15%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,687,459,764
1.2	Deposits and placements with banks and other financial institutions	981,482,303
1.3	Investment securities	776,674,021
1.3.1	Investments in subsidiaries and associates	506,297
1.4	Loans and advances (net)	4,902,779,964
1.4.1	Performing loans	4,388,682,657
1.4.2	Non-performing loans	674,841,845
1.4.3	Deferred loan payments	(4,366,634)
1.4.4	Accrued interest receivables	380,162,276
1.4.5	Provision for loan impairment	(536,540,180)
1.5	Derivative financial assets	170,693,286
1.6	Other financial assets	203,453,799
1.7	Other non-financial assets	82,585,851
1.8	Fixed assets (net)	490,919,450
1.9	Investment property	83,597,804
1.10	Held-for-sale assets	2,046,534
1.11	Intangible assets	1,666,832
1.12	Total assets	9,383,359,608
2	Liabilities	-
2.1	Current accounts	1,821,103,327
2.2	Savings	3,680,728,780
2.3	Deposits and placements by banks and other financial institutions	2,099,927,016
2.4	Other deposits	451,532,527
2.5	Other liabilities	210,560,383
	Total liabilities	8,263,852,033
3	EQUITY	-
3.1	Share capital	323,810,303
3.2	Share premium	690
3.3	Treasury stock	-
3.4	Revaluation reserves	150,294,050
3.5	Retained earnings	635,590,883
3.6	Other capital	9,811,649
3.7	Total equity	1,119,507,575
4	Total liabilities and equity	9,383,359,608

	INCOME STATEMENT	Bank
1	Interest income	288,408,790
1.1	Balances with the Bank of Mongolia	4,286,133
1.2	Due from other banks and financial institutions	2,907,431
1.3	Investments in securities	83,484,016
1.4	Loans and advances	197,731,210
1.5	Other	-
2	Interest expense	173,096,705
2.1	Current accounts	-
2.2	Savings	113,337,027
2.3	Borrowings	43,877,192
2.4	Securities	15,773,644
2.5	Others	108,842
3	Net interest income	115,312,085
4	Provision expenses	26,403,849
5	Net interest income after provision	88,908,236
6	Other income	233,876,497
6.1	Non-interest income	228,931,382
6.1.1	Trading income	28,911,143
6.1.2	Gains from foreign currency exchange translation and valuation	51,866,752
6.1.3	Fees and commission income	39,897,329
6.1.4	Other non-interest income	108,256,158
6.2	Other income	4,945,115
7	Other expense	173,523,847
7.1	Non-interest expense	172,283,433
7.1.1	Other provision expense	24,390,942
7.1.2	Trading expense	8,809,441
7.1.3	Losses from foreign currency exchange translation and valuation	50,761,905
7.1.4	Fees and commission expense	14,616,014
7.1.5	Other operating expense	73,705,131
7.2	Other expense	1,240,414
8	Profit before tax	149,260,886
9	Income tax expense	225,971
10	Profit after tax	149,034,915
11	Other comprehensive income	4,065,039
12	Total comprehensive income for the year	153,099,954

Off-balance items	MNT'000
Contingencies and commitments (net)	689,217,838

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	15.02%
Capital Adequacy Ratio	>12%	15.02%
Liquidity ratio	>20%	32.10%
Foreign currency exposure ratio (single currency)	<+/-15%	-3.79%
Foreign currency exposure ratio (total)	<+/-30%	-7.88%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,907,464,416
1.2	Deposits and placements with banks and other financial institutions	862,468,359
1.3	Investment securities	782,411,053
1.3.1	Investments in subsidiaries and associates	506,297
1.4	Loans and advances (net)	4,156,770,967
1.4.1	Performing loans	3,544,402,354
1.4.2	Non-performing loans	1,026,004,440
1.4.3	Deferred loan payments	(4,366,634)
1.4.4	Accrued interest receivables	239,383,349
1.4.5	Provision for loan impairment	(648,652,542)
1.5	Derivative financial assets	215,921,584
1.6	Other financial assets	196,752,697
1.7	Other non-financial assets	105,562,882
1.8	Fixed assets (net)	493,778,929
1.9	Investment property	83,597,804
1.10	Held-for-sale assets	1,710,160
1.11	Intangible assets	1,458,621
1.12	Total assets	8,807,897,472
2	Liabilities	-
2.1	Current accounts	2,094,789,665
2.2	Savings	3,608,086,158
2.3	Deposits and placements by banks and other financial institutions	1,400,935,926
2.4	Other deposits	466,428,259
2.5	Other liabilities	192,432,843
	Total liabilities	7,762,672,851
3	EQUITY	-
3.1	Share capital	323,810,303
3.2	Share premium	690
3.3	Treasury stock	-
3.4	Revaluation reserves	150,294,050
3.5	Retained earnings	571,646,077
3.6	Other capital	(526,499)
3.7	Total equity	1,045,224,621
4	Total liabilities and equity	8,807,897,472

	INCOME STATEMENT	Bank
1	Interest income	446,069,762
1.1	Balances with the Bank of Mongolia	8,033,829
1.2	Due from other banks and financial institutions	5,109,328
1.3	Investments in securities	122,793,724
1.4	Loans and advances	310,132,881
1.5	Other	-
2	Interest expense	264,362,566
2.1	Current accounts	-
2.2	Savings	176,205,166
2.3	Borrowings	67,248,731
2.4	Securities	20,751,520
2.5	Others	157,149
3	Net interest income	181,707,197
4	Provision expenses	162,623,190
5	Net interest income after provision	19,084,007
6	Other income	331,218,529
6.1	Non-interest income	325,994,074
6.1.1	Trading income	39,447,990
6.1.2	Gains from foreign currency exchange translation and valuation	87,301,230
6.1.3	Fees and commission income	60,600,578
6.1.4	Other non-interest income	138,644,276
6.2	Other income	5,224,455
7	Other expense	264,870,519
7.1	Non-interest expense	262,767,729
7.1.1	Other provision expense	37,546,736
7.1.2	Trading expense	7,931,056
7.1.3	Losses from foreign currency exchange translation and valuation	88,815,442
7.1.4	Fees and commission expense	22,351,351
7.1.5	Other operating expense	106,123,144
7.2	Other expense	2,102,790
8	Profit before tax	85,432,017
9	Income tax expense	341,908
10	Profit after tax	85,090,109
11	Other comprehensive income	(6,273,109)
12	Total comprehensive income for the year	78,817,000

Off-balance items	MNT'000
Contingencies and commitments (net)	560,217,626

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	15.10%
Capital Adequacy Ratio	>12%	15.10%
Liquidity ratio	>20%	37.65%
Foreign currency exposure ratio (single currency)	<+/-15%	-7.41%
Foreign currency exposure ratio (total)	<+/-30%	-9.26%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	2,502,344,099
1.2	Deposits and placements with banks and other financial institutions	824,669,125
1.3	Investment securities	867,097,978
1.3.1	Investments in subsidiaries and associates	924,685
1.4	Loans and advances (net)	4,137,182,399
1.4.1	Performing loans	3,658,964,977
1.4.2	Non-performing loans	758,116,332
1.4.3	Deferred loan payments	(5,366,852)
1.4.4	Accrued interest receivables	206,152,768
1.4.5	Provision for loan impairment	(480,684,826)
1.5	Derivative financial assets	265,374,431
1.6	Other financial assets	94,564,468
1.7	Other non-financial assets	371,386,092
1.8	Fixed assets (net)	470,625,143
1.9	Investment property	95,446,889
1.10	Held-for-sale assets	24,665,717
1.11	Intangible assets	1,421,361
1.12	Total assets	9,654,777,702
2	Liabilities	-
2.1	Current accounts	2,371,545,872
2.2	Savings	3,662,819,622
2.3	Deposits and placements by banks and other financial institutions	1,528,012,863
2.4	Other deposits	413,687,269
2.5	Other liabilities	500,700,812
	Total liabilities	8,476,766,438
3	EQUITY	-
3.1	Share capital	323,810,303
3.2	Share premium	690
3.3	Treasury stock	-
3.4	Revaluation reserves	145,651,452
3.5	Retained earnings	594,796,775
3.6	Other capital	113,752,044
3.7	Total equity	1,178,011,264
4	Total liabilities and equity	9,654,777,702

	INCOME STATEMENT	Bank
1	Interest income	674,078,052
1.1	Balances with the Bank of Mongolia	13,062,606
1.2	Due from other banks and financial institutions	9,518,807
1.3	Investments in securities	164,106,503
1.4	Loans and advances	487,390,136
1.5	Other	-
2	Interest expense	354,478,116
2.1	Current accounts	-
2.2	Savings	233,907,354
2.3	Borrowings	93,257,109
2.4	Securities	26,148,459
2.5	Others	1,165,194
3	Net interest income	319,599,936
4	Provision expenses	24,768,699
5	Net interest income after provision	294,831,237
6	Other income	273,943,001
6.1	Non-interest income	277,449,217
6.1.1	Trading income	49,010,057
6.1.2	Gains from foreign currency exchange translation and valuation	99,158,756
6.1.3	Fees and commission income	77,922,726
6.1.4	Other non-interest income	51,357,678
6.2	Other income	(3,506,216)
7	Other expense	328,875,439
7.1	Non-interest expense	312,993,054
7.1.1	Other provision expense	11,362,017
7.1.2	Trading expense	8,464,794
7.1.3	Losses from foreign currency exchange translation and valuation	109,163,451
7.1.4	Fees and commission expense	31,844,263
7.1.5	Other operating expense	152,158,529
7.2	Other expense	15,882,385
8	Profit before tax	239,898,799
9	Income tax expense	45,650,106
10	Profit after tax	194,248,693
11	Other comprehensive income	(1,351,661)
12	Total comprehensive income for the year	192,897,032

Off-balance items	MNT'000
Contingencies and commitments (net)	764,123,262

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	15.15%
Capital Adequacy Ratio	>12%	15.15%
Liquidity ratio	>25%	43.40%
Foreign currency exposure ratio (single currency)	<+/-15%	-0.90%
Foreign currency exposure ratio (total)	<+/-30%	4.22%

MNT'000

	BALANCE SHEET ITEMS	BANK
1	ASSETS
1.1	Cash and cash equivalents	1,767,842,860
1.2	Deposits and placements with banks and other financial institutions	617,885,221
1.3	Investment securities	1,165,079,353
1.3.1	Investments in subsidiaries and associates	-
1.4	Loans and advances (net)	3,925,943,903
1.4.1	Performing loans	3,399,469,216
1.4.2	Non-performing loans	567,393,539
1.4.3	Deferred loan payments	(2,502,414)
1.4.4	Accrued interest receivables	486,651,574
1.4.5	Provision for loan impairment	(525,068,012)
1.5	Derivative financial assets	112,527,973
1.6	Other financial assets	125,457,609
1.7	Other non-financial assets	113,576,430
1.8	Fixed assets (net)	478,639,135
1.9	Investment property	80,897,528
1.10	Held-for-sale assets	3,867,913
1.11	Intangible assets	3,759,152
1.12	Total assets	8,395,477,077
2	Liabilities
2.1	Current accounts	1,371,984,431
2.2	Savings	3,884,563,837
2.3	Deposits and placements by banks and other financial institutions	1,394,370,802
2.4	Other deposits	505,434,550
2.5	Other liabilities	156,755,088
	Total liabilities	7,313,108,708
3	EQUITY
3.1	Share capital	72,723,171
3.2	Share premium	257,626,236
3.3	Treasury stock	-
3.4	Revaluation reserves	168,903,793
3.5	Retained earnings	555,853,200
3.6	Other capital	27,261,969
3.7	Total equity	1,082,368,369
4	Total liabilities and equity	8,395,477,077

	INCOME STATEMENT	BANK
1	Interest income	157,459,248
1.1	Balances with the Bank of Mongolia	1,291,680
1.2	Due from other banks and financial institutions	346,494
1.3	Investments in securities	47,705,694
1.4	Loans and advances	108,115,380
1.5	Other	-
2	Interest expense	103,731,649
2.1	Current accounts	4
2.2	Savings	72,059,017
2.3	Borrowings	26,463,502
2.4	Securities	5,124,423
2.5	Others	84,703
3	Net interest income	53,727,599
4	Provision expenses	29,546,707
5	Net interest income after provision	24,180,892
6	Other income	45,219,678
6.1	Non-interest income	45,024,657
6.1.1	Trading income	12,898,387
6.1.2	Gains from foreign currency exchange translation and valuation	9,123,472
6.1.3	Fees and commission income	14,382,901
6.1.4	Other non-interest income	8,619,897
6.2	Other income	195,021
7	Other expense	54,317,525
7.1	Non-interest expense	53,912,994
7.1.1	Other provision expense	810,603
7.1.2	Trading expense	13,261,923
7.1.3	Losses from foreign currency exchange translation and valuation	8,064,875
7.1.4	Fees and commission expense	5,186,578
7.1.5	Other operating expense	26,589,015
7.2	Other expense	404,531
8	Profit before tax	15,083,045
9	Income tax expense	22,899
10	Profit after tax	15,060,146
11	Other comprehensive income	(63,367)
12	Total comprehensive income for the year	14,996,779

Off-balance items	MNT'000
Contingencies and commitments (net)	664,525,012

RATIOS	LIMIT	BANK
Tier 1 Capital Adequacy Ratio	>9%	15.61%
Capital Adequacy Ratio	>12%	15.61%
Liquidity ratio	>25%	42.99%
Foreign currency exposure ratio (single currency)	< ± 15%	-12.04%
Foreign currency exposure ratio (total)	< ± 30%	-20.98%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,816,279,308
1.2	Deposits and placements with banks and other financial institutions	687,729,448
1.3	Investment securities	999,598,872
1.3.1	Investments in subsidiaries and associates	40,813,475
1.4	Loans and advances (net)	4,166,942,602
1.4.1	Performing loans	3,717,252,499
1.4.2	Non-performing loans	542,645,897
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	438,256,707
1.4.5	Provision for loan impairment	(531,212,501)
1.5	Derivative financial assets	90,694,777
1.6	Other financial assets	135,964,996
1.7	Other non-financial assets	127,177,054
1.8	Fixed assets (net)	463,549,663
1.9	Investment property	80,268,999
1.10	Held-for-sale assets	19,584,803
1.11	Intangible assets	3,260,312
1.12	Total assets	8,591,050,834
2	Liabilities	-
2.1	Current accounts	1,761,254,885
2.2	Savings	3,672,286,228
2.3	Deposits and placements by banks and other financial institutions	1,261,009,732
2.4	Other deposits	641,433,747
2.5	Other liabilities	175,079,237
	Total liabilities	7,511,063,829
3	EQUITY	-
3.1	Share capital	72,723,171
3.2	Share premium	251,086,584
3.3	Treasury stock	-
3.4	Revaluation reserves	136,618,492
3.5	Retained earnings	595,086,093
3.6	Other capital	24,472,665
3.7	Total equity	1,079,987,005
4	Total liabilities and equity	8,591,050,834

	INCOME STATEMENT	Bank
1	Interest income	313,013,136
1.1	Balances with the Bank of Mongolia	2,510,760
1.2	Due from other banks and financial institutions	956,680
1.3	Investments in securities	97,153,476
1.4	Loans and advances	212,392,220
1.5	Other	-
2	Interest expense	203,347,211
2.1	Current accounts	11
2.2	Savings	137,125,989
2.3	Borrowings	54,353,568
2.4	Securities	11,720,140
2.5	Others	147,503
3	Net interest income	109,665,925
4	Provision expenses	37,466,788
5	Net interest income after provision	72,199,137
6	Other income	98,295,327
6.1	Non-interest income	97,874,635
6.1.1	Trading income	23,635,475
6.1.2	Gains from foreign currency exchange translation and valuation	26,110,927
6.1.3	Fees and commission income	34,429,627
6.1.4	Other non-interest income	13,698,606
6.2	Other income	420,692
7	Other expense	107,866,727
7.1	Non-interest expense	107,210,178
7.1.1	Other provision expense	1,989,610
7.1.2	Trading expense	22,741,578
7.1.3	Losses from foreign currency exchange translation and valuation	16,887,153
7.1.4	Fees and commission expense	11,861,638
7.1.5	Other operating expense	53,730,199
7.2	Other expense	656,549
8	Profit before tax	62,627,736
9	Income tax expense	31,773
10	Profit after tax	62,595,963
11	Other comprehensive income	(120,082)
12	Total comprehensive income for the year	62,475,881

Off-balance items	MNT'000
Contingencies and commitments (net)	702,767,438

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	15.64%
Capital Adequacy Ratio	>12%	15.64%
Liquidity ratio	>20%	41.21%
Foreign currency exposure ratio (single currency)	<+/-15%	-12.58%
Foreign currency exposure ratio (total)	<+/-30%	-21.64%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	2,118,360,580
1.2	Deposits and placements with banks and other financial institutions	717,783,429
1.3	Investment securities	1,008,601,523
1.3.1	Investments in subsidiaries and associates	15,985,715
1.4	Loans and advances (net)	4,480,473,068
1.4.1	Performing loans	4,053,778,119
1.4.2	Non-performing loans	546,697,695
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	421,003,362
1.4.5	Provision for loan impairment	(541,006,108)
1.5	Derivative financial assets	81,489,400
1.6	Other financial assets	229,830,981
1.7	Other non-financial assets	122,008,520
1.8	Fixed assets (net)	458,864,663
1.9	Investment property	80,268,999
1.10	Held-for-sale assets	6,762,814
1.11	Intangible assets	2,667,787
1.12	Total assets	9,307,111,764
2	Liabilities	-
2.1	Current accounts	1,763,165,002
2.2	Savings	3,787,907,429
2.3	Deposits and placements by banks and other financial institutions	1,773,153,703
2.4	Other deposits	727,725,899
2.5	Other liabilities	160,471,515
	Total liabilities	8,212,423,548
3	EQUITY	-
3.1	Share capital	72,723,171
3.2	Share premium	251,086,584
3.3	Treasury stock	-
3.4	Revaluation reserves	136,381,527
3.5	Retained earnings	610,243,203
3.6	Other capital	24,253,731
3.7	Total equity	1,094,688,216
4	Total liabilities and equity	9,307,111,764

	INCOME STATEMENT	Bank
1	Interest income	456,278,888
1.1	Balances with the Bank of Mongolia	3,882,490
1.2	Due from other banks and financial institutions	1,821,105
1.3	Investments in securities	147,121,203
1.4	Loans and advances	303,454,090
1.5	Other	-
2	Interest expense	304,444,032
2.1	Current accounts	11
2.2	Savings	200,225,807
2.3	Borrowings	83,818,343
2.4	Securities	20,194,091
2.5	Others	205,780
3	Net interest income	151,834,856
4	Provision expenses	48,541,758
5	Net interest income after provision	103,293,098
6	Other income	144,769,089
6.1	Non-interest income	142,034,443
6.1.1	Trading income	34,376,786
6.1.2	Gains from foreign currency exchange translation and valuation	34,688,863
6.1.3	Fees and commission income	52,593,102
6.1.4	Other non-interest income	20,375,692
6.2	Other income	2,734,646
7	Other expense	170,499,082
7.1	Non-interest expense	169,513,438
7.1.1	Other provision expense	4,412,484
7.1.2	Trading expense	31,674,647
7.1.3	Losses from foreign currency exchange translation and valuation	24,470,353
7.1.4	Fees and commission expense	18,834,855
7.1.5	Other operating expense	90,121,099
7.2	Other expense	985,644
8	Profit before tax	77,563,105
9	Income tax expense	46,997
10	Profit after tax	77,516,108
11	Other comprehensive income	(339,015)
12	Total comprehensive income for the year	77,177,093

Off-balance items	MNT'000
Contingencies and commitments (net)	737,511,229

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	15.20%
Capital Adequacy Ratio	>12%	15.20%
Liquidity ratio	>20%	39.17%
Foreign currency exposure ratio (single currency)	<+/-15%	-11.30%
Foreign currency exposure ratio (total)	<+/-30%	-16.41%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	2,252,561,796
1.2	Deposits and placements with banks and other financial institutions	889,438,717
1.3	Investment securities	941,922,674
1.3.1	Investments in subsidiaries and associates	506,297
1.4	Loans and advances (net)	4,588,465,406
1.4.1	Performing loans	3,881,922,508
1.4.2	Non-performing loans	855,800,850
1.4.3	Deferred loan payments	(4,366,634)
1.4.4	Accrued interest receivables	385,442,633
1.4.5	Provision for loan impairment	(530,333,951)
1.5	Derivative financial assets	101,647,498
1.6	Other financial assets	77,670,178
1.7	Other non-financial assets	122,381,416
1.8	Fixed assets (net)	480,838,432
1.9	Investment property	87,805,322
1.10	Held-for-sale assets	3,605,963
1.11	Intangible assets	2,334,413
1.12	Total assets	9,548,671,815
2	Liabilities	-
2.1	Current accounts	1,765,171,558
2.2	Savings	3,868,498,364
2.3	Deposits and placements by banks and other financial institutions	1,866,561,713
2.4	Other deposits	638,690,526
2.5	Other liabilities	389,640,934
	Total liabilities	8,528,563,095
3	EQUITY	-
3.1	Share capital	323,809,899
3.2	Share premium	26
3.3	Treasury stock	-
3.4	Revaluation reserves	151,189,070
3.5	Retained earnings	485,660,947
3.6	Other capital	59,448,778
3.7	Total equity	1,020,108,720
4	Total liabilities and equity	9,548,671,815

	INCOME STATEMENT	Bank
1	Interest income	597,107,464
1.1	Balances with the Bank of Mongolia	5,018,183
1.2	Due from other banks and financial institutions	3,124,299
1.3	Investments in securities	197,506,100
1.4	Loans and advances	391,458,882
1.5	Other	-
2	Interest expense	405,636,562
2.1	Current accounts	11
2.2	Savings	259,915,401
2.3	Borrowings	116,379,721
2.4	Securities	27,857,398
2.5	Others	1,484,031
3	Net interest income	191,470,902
4	Provision expenses	15,835,763
5	Net interest income after provision	175,635,139
6	Other income	201,179,405
6.1	Non-interest income	180,686,151
6.1.1	Trading income	20,073,896
6.1.2	Gains from foreign currency exchange translation and valuation	22,023,056
6.1.3	Fees and commission income	65,208,454
6.1.4	Other non-interest income	73,380,745
6.2	Other income	20,493,254
7	Other expense	256,275,045
7.1	Non-interest expense	202,095,288
7.1.1	Other provision expense	23,191,082
7.1.2	Trading expense	30,399,718
7.1.3	Losses from foreign currency exchange translation and valuation	-
7.1.4	Fees and commission expense	25,704,725
7.1.5	Other operating expense	122,799,763
7.2	Other expense	54,179,757
8	Profit before tax	120,539,499
9	Income tax expense	15,729,066
10	Profit after tax	104,810,433
11	Other comprehensive income	(5,056,677)
12	Total comprehensive income for the year	99,753,756

Off-balance items	MNT'000
Contingencies and commitments (net)	651,150,974

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	13.03%
Capital Adequacy Ratio	>12%	13.03%
Liquidity ratio	>20%	40.57%
Foreign currency exposure ratio (single currency)	<+/-15%	-10.47%
Foreign currency exposure ratio (total)	<+/-30%	-15.33%

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,466,138,091
1.2	Deposits and placements with banks and other financial institutions	616,026,430
1.3	Investment securities	1,270,741,090
1.3.1	Investments in subsidiaries and associates	-
1.4	Loans and advances (net)	3,485,504,907
1.4.1	Performing loans	3,173,921,151
1.4.2	Non-performing loans	440,525,914
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	290,741,912
1.4.5	Provision for loan impairment	(419,684,070)
1.5	Derivative financial assets	457,417,931
1.6	Other financial assets	17,978,031
1.7	Other non-financial assets	58,316,145
1.8	Fixed assets (net)	425,063,625
1.9	Investment property	80,897,528
1.10	Held-for-sale assets	48,000,000
1.11	Intangible assets	5,285,543
1.12	Total assets	7,931,369,321
2	Liabilities
2.1	Current accounts	1,268,997,959
2.2	Savings	2,370,574,102
2.3	Deposits and placements by banks and other financial institutions	1,521,414,396
2.4	Other deposits	1,800,898,999
2.5	Other liabilities	254,758,929
	Total liabilities	7,216,644,385
3	EQUITY
3.1	Share capital	50,000,707
3.2	Share premium	19,298,006
3.3	Treasury stock	-
3.4	Revaluation reserves	129,231,895
3.5	Retained earnings	502,389,737
3.6	Other capital	13,804,591
3.7	Total equity	714,724,936
4	Total liabilities and equity	7,931,369,321

№	INCOME STATEMENT	Bank
1	Interest income	193,832,007
1.1	Balances with the Bank of Mongolia	3,677,201
1.2	Due from other banks and financial institutions	3,955,778
1.3	Investments in securities	58,092,646
1.4	Loans and advances	128,106,382
1.5	Other	-
2	Interest expense	141,930,376
2.1	Current accounts	7,664,704
2.2	Savings	59,944,921
2.3	Borrowings	28,058,203
2.4	Securities	41,910,295
2.5	Others	4,352,253
3	Net interest income	51,901,631
4	Provision expenses	31,265,817
5	Net interest income after provision	20,635,814
6	Other income	86,741,998
6.1	Non-interest income	86,690,080
6.1.1	Trading income	12,105,605
6.1.2	Gains from foreign currency exchange translation and valuation	40,813,085
6.1.3	Fees and commission income	12,264,536
6.1.4	Other non-interest income	21,506,854
6.2	Other income	51,918
7	Other expense	91,886,908
7.1	Non-interest expense	91,590,873
7.1.1	Other provision expense	10,377,642
7.1.2	Trading expense	9,415,765
7.1.3	Losses from foreign currency exchange translation and valuation	40,796,644
7.1.4	Fees and commission expense	4,270,590
7.1.5	Other operating expense	26,730,232
7.2	Other expense	296,035
8	Profit before tax	15,490,904
9	Income tax expense	24,894
10	Profit after tax	15,466,010
11	Other comprehensive income	(28,775,926)
12	Total comprehensive income for the year	(13,309,916)

Off-balance items	MNT'000
Contingencies and commitments (net)	476,238,802

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	11.31%
Capital Adequacy Ratio	>12%	15.55%
Liquidity ratio	>25%	35.30%
Foreign currency exposure ratio (single currency)	< ± 15%	-11.84%
Foreign currency exposure ratio (total)	< ± 30%	-18.31%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	624,955,533
1.2	Deposits and placements with banks and other financial institutions	544,047,111
1.3	Investment securities	1,320,204,954
1.3.1	Investments in subsidiaries and associates
1.4	Loans and advances (net)	4,277,447,396
1.4.1	Performing loans	3,836,281,116
1.4.2	Non-performing loans	523,927,232
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	375,423,300
1.4.5	Provision for loan impairment	(458,184,252)
1.5	Derivative financial assets	65,755,923
1.6	Other financial assets	121,396,359
1.7	Other non-financial assets	64,758,197
1.8	Fixed assets (net)	495,038,480
1.9	Investment property	80,897,528
1.10	Held-for-sale assets	55,081,388
1.11	Intangible assets	5,592,711
1.12	Total assets	7,655,175,580
2	Liabilities
2.1	Current accounts	1,347,078,847
2.2	Savings	2,978,951,039
2.3	Deposits and placements by banks and other financial institutions	1,719,150,803
2.4	Other deposits	398,442,009
2.5	Other liabilities	320,588,457
	Total liabilities	6,764,211,155
3	EQUITY
3.1	Share capital	59,974,549
3.2	Share premium	120,374,614
3.3	Treasury stock
3.4	Revaluation reserves	168,958,820
3.5	Retained earnings	522,027,284
3.6	Other capital	19,629,158
3.7	Total equity	890,964,425
4	Total liabilities and equity	7,655,175,580

	INCOME STATEMENT	Bank
1	Interest income	418,633,219
1.1	Balances with the Bank of Mongolia	7,235,874
1.2	Due from other banks and financial institutions	9,745,609
1.3	Investments in securities	108,096,405
1.4	Loans and advances	293,555,331
1.5	Other	-
2	Interest expense	321,304,708
2.1	Current accounts	20,226,855
2.2	Savings	155,806,797
2.3	Borrowings	61,288,905
2.4	Securities	67,174,609
2.5	Others	16,807,542
3	Net interest income	97,328,511
4	Provision expenses	44,616,438
5	Net interest income after provision	52,712,073
6	Other income	185,155,007
6.1	Non-interest income	179,408,485
6.1.1	Trading income	26,652,498
6.1.2	Gains from foreign currency exchange translation and valuation	94,610,715
6.1.3	Fees and commission income	27,256,384
6.1.4	Other non-interest income	30,888,888
6.2	Other income	5,746,522
7	Other expense	202,539,258
7.1	Non-interest expense	201,839,641
7.1.1	Other provision expense	9,235,896
7.1.2	Trading expense	23,780,977
7.1.3	Losses from foreign currency exchange translation and valuation	97,695,228
7.1.4	Fees and commission expense	8,649,743
7.1.5	Other operating expense	62,477,797
7.2	Other expense	699,617
8	Profit before tax	35,327,822
9	Income tax expense	241,954
10	Profit after tax	35,085,868
11	Other comprehensive income	(3,128,106)
12	Total comprehensive income for the year	31,957,762

Off-balance items	MNT'000
Contingencies and commitments (net)	519,176,428

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	11.56%
Capital Adequacy Ratio	>12%	15.42%
Liquidity ratio	>20%	31.39%
Foreign currency exposure ratio (single currency)	< ± 15%	-10.68%
Foreign currency exposure ratio (total)	< ± 30%	-19.21%

MNT'000

	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	898,101,953
1.2	Deposits and placements with banks and other financial institutions	671,895,680
1.3	Investment securities	1,319,877,179
1.3.1	Investments in subsidiaries and associates	-
1.4	Loans and advances (net)	4,172,276,109
1.4.1	Performing loans	3,688,015,041
1.4.2	Non-performing loans	555,836,403
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	405,927,385
1.4.5	Provision for loan impairment	(477,502,720)
1.5	Derivative financial assets	74,197,141
1.6	Other financial assets	101,439,817
1.7	Other non-financial assets	68,036,691
1.8	Fixed assets (net)	507,869,456
1.9	Investment property	80,897,528
1.10	Held-for-sale assets	52,761,582
1.11	Intangible assets	4,871,864
1.12	Total assets	7,952,225,000
2	Liabilities
2.1	Current accounts	1,221,760,898
2.2	Savings	3,460,763,211
2.3	Deposits and placements by banks and other financial institutions	1,683,658,437
2.4	Other deposits	353,208,027
2.5	Other liabilities	342,636,009
	Total liabilities	7,062,026,582
3	EQUITY
3.1	Share capital	59,974,549
3.2	Share premium	120,374,614
3.3	Treasury stock	-
3.4	Revaluation reserves	168,958,820
3.5	Retained earnings	518,658,643
3.6	Other capital	22,231,792
3.7	Total equity	890,198,418
4	Total liabilities and equity	7,952,225,000

	Income statement	Bank
1	Interest income	598,306,536
1.1	Balances with the Bank of Mongolia	8,172,334
1.2	Due from other banks and financial institutions	10,501,940
1.3	Investments in securities	147,218,529
1.4	Loans and advances	432,413,733
1.5	Other	-
2	Interest expense	440,688,284
2.1	Current accounts	20,316,018
2.2	Savings	231,768,038
2.3	Borrowings	93,165,812
2.4	Securities	72,861,638
2.5	Others	22,576,778
3	Net interest income	157,618,252
4	Provision expenses	65,418,875
5	Net interest income after provision	92,199,377
6	Other income	246,300,414
6.1	Non-interest income	243,884,581
6.1.1	Trading income	42,816,776
6.1.2	Gains from foreign currency exchange translation and valuation	126,526,641
6.1.3	Fees and commission income	41,699,074
6.1.4	Other non-interest income	32,842,090
6.2	Other income	2,415,833
7	Other expense	306,480,850
7.1	Non-interest expense	300,612,249
7.1.1	Other provision expense	32,292,222
7.1.2	Trading expense	37,871,040
7.1.3	Losses from foreign currency exchange translation and valuation	126,932,886
7.1.4	Fees and commission expense	13,341,752
7.1.5	Other operating expense	90,174,349
7.2	Other expense	5,868,601
8	Profit before tax	32,018,941
9	Income tax expense	301,714
10	Profit after tax	31,717,227
11	Other comprehensive income	(525,472)
12	Total comprehensive income for the year	31,191,755

Off-balance items	MNT'000
Contingencies and commitments(net)	557,860,488

Ratios	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	12.15%
Capital Adequacy Ratio	>12%	16.22%
Liquidity ratio	>25%	35.66%
Foreign currency exposure ratio (single currency)	< ± 15%	-11.18%
Foreign currency exposure ratio (total)	< ± 30%	-18.79%

MNT'000

	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,323,759,630
1.2	Deposits and placements with banks and other financial institutions	789,927,406
1.3	Investment securities	1,066,101,940
1.3.1	Investments in subsidiaries and associates	-
1.4	Loans and advances (net)	4,108,718,369
1.4.1	Performing loans	3,598,525,987
1.4.2	Non-performing loans	572,023,180
1.4.3	Deferred loan payments	(3,112,580.00)
1.4.4	Accrued interest receivables	444,829,086
1.4.5	Provision for loan impairment	(503,547,304)
1.5	Derivative financial assets	89,371,192
1.6	Other financial assets	29,607,601
1.7	Other non-financial assets	83,051,706
1.8	Fixed assets (net)	468,776,860
1.9	Investment property	148,990,218
1.10	Held-for-sale assets	4,138,694
1.11	Intangible assets	4,374,414
1.12	Total assets	8,116,818,030
2	Liabilities
2.1	Current accounts	1,239,238,572
2.2	Savings	3,753,708,228
2.3	Deposits and placements by banks and other financial institutions	838,989,773
2.4	Other deposits	525,591,998
2.5	Other liabilities	741,778,335
	Total liabilities	7,099,306,906
3	EQUITY
3.1	Share capital	72,723,171
3.2	Share premium	251,086,584
3.3	Treasury stock	-
3.4	Revaluation reserves	168,958,820
3.5	Retained earnings	500,149,802
3.6	Other capital	24,592,747
3.7	Total equity	1,017,511,124
4	Total liabilities and equity	8,116,818,030

	Income statement	Bank
1	Interest income	707,870,414
1.1	Balances with the Bank of Mongolia	10,959,945
1.2	Due from other banks and financial institutions	10,815,768
1.3	Investments in securities	190,243,889
1.4	Loans and advances	495,850,812
1.5	Other	-
2	Interest expense	506,145,302
2.1	Current accounts	20,316,036
2.2	Savings	310,519,461
2.3	Borrowings	69,143,875
2.4	Securities	77,591,448
2.5	Others	28,574,482
3	Net interest income	201,725,112
4	Provision expenses	71,801,257
5	Net interest income after provision	129,923,855
6	Other income	319,457,651
6.1	Non-interest income	290,965,246
6.1.1	Trading income	53,986,685
6.1.2	Gains from foreign currency exchange translation and valuation	151,142,559
6.1.3	Fees and commission income	54,043,551
6.1.4	Other non-interest income	31,792,451
6.2	Other income	28,492,405
7	Other expense	424,744,070
7.1	Non-interest expense	408,510,589
7.1.1	Other provision expense	24,156,499
7.1.2	Trading expense	49,088,801
7.1.3	Losses from foreign currency exchange translation and valuation	183,715,657
7.1.4	Fees and commission expense	35,128,022
7.1.5	Other operating expense	116,421,610
7.2	Other expense	16,233,481
8	Profit before tax	24,637,436
9	Income tax expense	3,660,409
10	Profit after tax	20,977,027
11	Other comprehensive income	(1,424,125)
12	Total comprehensive income for the year	19,552,902

Off-balance items	MNT'000
Contingencies and commitments (net)	631,114,690

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	14.83%
Capital Adequacy Ratio	>12%	16.35%
Liquidity ratio	>25%	39.32%
Foreign currency exposure ratio (single currency)	< ± 15%	-13.31%
Foreign currency exposure ratio (total)	< ± 30%	-14.61%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,226,922,566
1.2	Deposits and placements with banks and other financial institutions	690,367,844
1.3	Investment securities	1,314,527,429
1.3.1	Investments in subsidiaries and associates	-
1.4	Loans and advances (net)	3,267,577,804
1.4.1	Performing loans	2,983,573,170
1.4.2	Non-performing loans	528,262,007
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	200,633,484
1.4.5	Provision for loan impairment	(444,890,858)
1.5	Derivative financial assets	382,632,261
1.6	Other financial assets	31,629,183
1.7	Other non-financial assets	21,360,581
1.8	Fixed assets (net)	397,591,165
1.9	Investment property	80,114,526
1.10	Held-for-sale assets	64,753,849
1.11	Intangible assets	3,642,246
1.12	Total assets	7,481,119,455
2	Liabilities
2.1	Current accounts	1,288,090,327
2.2	Savings	1,897,491,346
2.3	Deposits and placements by banks and other financial institutions	1,618,779,457
2.4	Other deposits	1,694,694,781
2.5	Other liabilities	55,376,351
	Total liabilities	6,554,432,262
3	EQUITY
3.1	Share capital	55,205,582
3.2	Share premium	210,393,158
3.3	Treasury stock	-
3.4	Revaluation reserves	129,231,895
3.5	Retained earnings	488,266,950
3.6	Other capital	43,589,608
3.9	Total equity	926,687,192
4	Total liabilities and equity	7,481,119,455

	Income statement	Bank
1	Interest income	163,324,169
1.1	Balances with the Bank of Mongolia	3,311,000
1.2	Due from other banks and financial institutions	2,330,033
1.3	Investments in securities	51,121,303
1.4	Loans and advances	106,561,833
1.5	Other	-
2	Interest expense	115,487,760
2.1	Current accounts	11,311,353
2.2	Savings	48,960,076
2.3	Borrowings	14,898,413
2.4	Securities	40,191,936
2.5	Others	125,981
3	Net interest income	47,836,410
4	Provision expenses	14,339,209
5	Net interest income after provision	33,497,201
6	Other income	69,267,875
6.1	Non-interest income	69,264,301
6.1.1	Trading income	6,386,666
6.1.2	Gains from foreign currency exchange translation and valuation	44,155,636
6.1.3	Fees and commission income	12,089,632
6.1.4	Other non-interest income	6,632,366
6.2	Other income	3,574
7	Other expense	78,684,699
7.1	Non-interest expense	78,353,323
7.1.1	Other provision expense	69,507
7.1.2	Trading expense	983,216
7.1.3	Losses from foreign currency exchange translation and valuation	46,355,437
7.1.4	Fees and commission expense	3,863,045
7.1.5	Other operating expense	27,082,118
7.2	Other expense	331,375
8	Profit before tax	24,080,378
9	Income tax expense	50
10	Profit after tax	24,080,328
11	Other comprehensive income	2,958,727
12	Total comprehensive income for the year	27,039,054

Off-balance items	MNT'000
Contingencies and commitments (net)	527,467,115

Ratios	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	16.28%
Capital Adequacy Ratio	>14%	19.14%
Liquidity ratio	>25%	44.00%
Foreign currency exposure ratio (single currency)	< ± 15%	-8.96%
Foreign currency exposure ratio (total)	< ± 40%	-9.01%

MNT'000

№	Balance sheet Items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,104,402,661
1.2	Deposits and placements with banks and other financial institutions	845,522,154
1.3	Investment securities	1,374,872,917
1.3.1	Investments in subsidiaries and associates	-
1.4	Loans and advances (net)	3,320,981,383
1.4.1	Performing loans	3,062,132,170
1.4.2	Non-performing loans	491,885,462
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	226,549,344
1.4.5	Provision for loan impairment	(459,585,593)
1.5	Derivative financial assets	439,381,433
1.6	Other financial assets	38,240,571
1.7	Other non-financial assets	26,329,997
1.8	Fixed assets (net)	404,300,279
1.9	Investment property	80,114,526
1.10	Held-for-sale assets	61,018,667
1.11	Intangible assets	4,767,145
1.12	Total assets	7,699,931,733
2	Liabilities
2.1	Current accounts	1,284,215,767
2.2	Savings	1,985,349,849
2.3	Deposits and placements by banks and other financial institutions	1,634,151,318
2.4	Other deposits	1,697,220,243
2.5	Other liabilities	147,058,639
	Total liabilities	6,747,995,816
3	EQUITY
3.1	Share capital	55,205,582
3.2	Share premium	210,393,158
3.3	Treasury stock	-
3.4	Revaluation reserves	129,231,895
3.5	Retained earnings	505,367,806
3.6	Other capital	51,737,477
3.9	Total equity	951,935,917
4	Total liabilities and equity	7,699,931,733

	Income statement	Bank
1	Interest income	344,307,075
1.1	Balances with the Bank of Mongolia	6,733,407
1.2	Due from other banks and financial institutions	4,318,060
1.3	Investments in securities	116,876,120
1.4	Loans and advances	216,379,488
1.5	Other	-
2	Interest expense	250,127,271
2.1	Current accounts	19,998,884
2.2	Savings	120,519,599
2.3	Borrowings	28,993,316
2.4	Securities	80,336,560
2.5	Others	278,913
3	Net interest income	94,179,804
4	Provision expenses	29,482,185
5	Net interest income after provision	64,697,619
6	Other income	119,127,473
6.1	Non-interest income	118,495,449
6.1.1	Trading income	17,162,882
6.1.2	Gains from foreign currency exchange translation and valuation	66,782,384
6.1.3	Fees and commission income	26,899,959
6.1.4	Other non-interest income	7,650,223
6.2	Other income	632,024
7	Other expense	142,643,816
7.1	Non-interest expense	141,626,823
7.1.1	Other provision expense	870,823
7.1.2	Trading expense	8,117,439
7.1.3	Losses from foreign currency exchange translation and valuation	69,361,167
7.1.4	Fees and commission expense	8,793,083
7.1.5	Other operating expense	54,484,310
7.2	Other expense	1,016,993
8	Profit before tax	41,181,276
9	Income tax expense	93
10	Profit after tax	41,181,184
11	Other comprehensive income	11,106,596
12	Total comprehensive income for the year	52,287,780

Off-balance items	MNT'000
Contingencies and commitments (net)	703,567,773

Ratios	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	15.56%
Capital Adequacy Ratio	>14%	18.41%
Liquidity ratio	>25%	44.36%
Foreign currency exposure ratio (single currency)	< ± 15%	9.87%
Foreign currency exposure ratio (total)	< ± 40%	11.27%

Statements of Financial Position

MNT'000

№	Balance sheet items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,269,373,612
1.2	Deposits and placements with banks and other financial institutions	749,945,890
1.3	Investment securities	1,272,193,336
1.3.1	Investments in subsidiaries and associates	-
1.4	Loans and advances (net)	3,366,340,663
1.4.1	Performing loans	3,093,050,454
1.4.2	Non-performing loans	495,077,895
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	243,271,509
1.4.5	Provision for loan impairment	(465,059,195)
1.5	Derivative financial assets	399,381,378
1.6	Other financial assets	17,735,120
1.7	Other non-financial assets	29,221,139
1.8	Fixed assets (net)	412,555,237
1.9	Investment property	80,114,526
1.10	Held-for-sale assets	59,832,964
1.11	Intangible assets	4,796,231
1.12	Total assets	7,661,490,095
2	Liabilities
2.1	Current accounts	1,427,070,987
2.2	Savings	1,916,066,601
2.3	Deposits and placements by banks and other financial institutions	1,601,888,186
2.4	Other deposits	1,749,340,585
2.5	Other liabilities	64,945,927
	Total liabilities	6,759,312,285
3	EQUITY
3.1	Share capital	55,205,582
3.2	Share premium	210,393,158
3.3	Treasury stock	-
3.4	Revaluation reserves	129,231,895
3.5	Retained earnings	469,718,699
3.6	Other capital	37,628,477
3.7	Total equity	902,177,810
4	Total liabilities and equity	7,661,490,095

№	INCOME STATEMENT	Bank
1	Interest income	513,894,708
1.1	Balances with the Bank of Mongolia	8,264,400
1.2	Due from other banks and financial institutions	8,749,838
1.3	Investments in securities	178,180,984
1.4	Loans and advances	318,699,485
1.5	Other	-
2	Interest expense	384,521,529
2.1	Current accounts	28,167,971
2.2	Savings	177,417,155
2.3	Borrowed funds	57,528,249
2.4	Securities	120,934,420
2.5	Others	473,734
3	Net interest income	129,373,179
4	Provision expenses	37,719,006
5	Net interest income after provision	91,654,173
6	Other income	173,564,600
6.1	Non-interest income	172,045,330
6.1.1	Trading income	28,099,414
6.1.2	Gains from foreign currency exchange translation and valuation	94,390,027
6.1.3	Fees and commission income	41,348,113
6.1.4	Other non-interest income	8,207,776
6.2	Other income	1,519,271
7	Other expense	213,557,599
7.1	Non-interest expense	212,024,325
7.1.1	Other provision expense	4,341,511
7.1.2	Trading expense	15,000,834
7.1.3	Losses from foreign currency exchange translation and valuation	96,950,999
7.1.4	Fees and commission expense	13,913,397
7.1.5	Other operating expense	81,817,584
7.2	Other expense	1,533,274
8	Profit before tax	51,661,174
9	Income tax expense	152
10	Profit after tax	51,661,022
11	Other comprehensive income	(3,002,405)
12	Total comprehensive income for the year	48,658,617

Off-balance items	MNT'000
Contingencies and commitments (net)	654,301,166

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	14.56%
Capital Adequacy Ratio	>12%	17.11%
Liquidity ratio	>25%	35.06%
Foreign currency exposure ratio (single currency)	< ± 15%	-12.92%
Foreign currency exposure ratio (total)	< ± 30%	-25.07%

Statements of Financial Position

MNT'000

№	Balance sheet items	Bank
1	ASSETS
1.1	Cash and cash equivalents	1,295,249,694
1.2	Deposits and placements with banks and other financial institutions	701,133,462
1.3	Investment securities	1,233,715,858
1.3.1	Investments in subsidiaries and associates	-
1.4	Loans and advances (net)	3,523,846,941
1.4.1	Performing loans	3,195,192,719
1.4.2	Non-performing loans	467,237,119
1.4.3	Deferred loan payments	-
1.4.4	Accrued interest receivables	270,709,395
1.4.5	Provision for loan impairment	(409,292,292)
1.5	Derivative financial assets	455,278,018
1.6	Other financial assets	20,917,782
1.7	Other non-financial assets	61,141,075
1.8	Fixed assets (net)	424,962,581
1.9	Investment property	80,897,528
1.10	Held-for-sale assets	-
1.11	Intangible assets	5,870,617
1.12	Total assets	7,803,013,556
2	Liabilities
2.1	Current accounts	1,262,387,717
2.2	Savings	2,106,793,490
2.3	Deposits and placements by banks and other financial institutions	1,701,489,044
2.4	Other deposits	1,736,961,062
2.5	Other liabilities	267,347,391
	Total liabilities	7,074,978,704
3	EQUITY
3.1	Share capital	50,000,707
3.2	Share premium	19,298,006
3.3	Treasury stock	-
3.4	Revaluation reserves	129,231,895
3.5	Retained earnings	486,923,728
3.6	Other capital	42,580,517
3.7	Total equity	728,034,852
4	Total liabilities and equity	7,803,013,556

№	INCOME STATEMENT	Bank
1	Interest income	700,119,602
1.1	Balances with the Bank of Mongolia	13,467,842
1.2	Due from other banks and financial institutions	13,333,947
1.3	Investments in securities	236,316,801
1.4	Loans and advances	437,001,012
1.5	Other	-
2	Interest expense	519,563,340
2.1	Current accounts	36,961,434
2.2	Savings	232,851,623
2.3	Borrowed funds	86,835,019
2.4	Securities	162,146,169
2.5	Others	769,095
3	Net interest income	180,556,262
4	Provision expenses	26,481,990
5	Net interest income after provision	154,074,272
6	Other income	291,500,571
6.1	Non-interest income	285,713,339
6.1.1	Trading income	70,508,120
6.1.2	Gains from foreign currency exchange translation and valuation	147,862,473
6.1.3	Fees and commission income	57,902,378
6.1.4	Other non-interest income	9,440,367
6.2	Other income	5,787,232
7	Other expense	376,708,586
7.1	Non-interest expense	370,524,019
7.1.1	Other provision expense	18,338,089
7.1.2	Trading expense	61,960,165
7.1.3	Losses from foreign currency exchange translation and valuation	147,483,489
7.1.4	Fees and commission expense	20,886,986
7.1.5	Other operating expense	121,855,292
7.2	Other expense	6,184,567
8	Profit before tax	68,866,256
9	Income tax expense	206
10	Profit after tax	68,866,051
11	Other comprehensive income	1,949,636
12	Total comprehensive income for the year	70,815,686

Off-balance items	MNT'000
Contingencies and commitments (net)	576,476,260

RATIOS	Limit	Bank
Tier 1 Capital Adequacy Ratio	>9%	11.35%
Capital Adequacy Ratio	>12%	17.03%
Liquidity ratio	>25%	32.06%
Foreign currency exposure ratio (single currency)	< ± 15%	-7.41%
Foreign currency exposure ratio (total)	< ± 30%	-7.57%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	1,626,236,496	1,626,241,084
1.2	Deposits and placements with banks and other financial institutions	304,037,978	304,037,978
1.3	Investment securities	1,440,955,951	1,472,772,543
1.3.1	Investments in subsidiaries and associates	32,821,712	64,617,415
1.4	Loans and advances (net)	2,993,210,825	2,993,210,825
1.4.1	Performing loans	2,888,570,460	2,888,570,460
1.4.2	Non-performing loans	220,133,991	220,133,991
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	149,482,508	149,482,508
1.4.5	Provision for loan impairment	(264,976,134)	(264,976,134)
1.5	Derivative financial assets	287,365,494	287,365,494
1.6	Other financial assets	11,260,074	11,521,965
1.7	Other non-financial assets	35,380,303	27,801,929
1.8	Fixed assets (net)	323,796,910	323,825,683
1.9	Investment property	91,951,413	91,951,413
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	2,261,571	2,261,923
1.12	Total assets	7,116,457,015	7,140,990,836
2	Liabilities
2.1	Current accounts	1,303,438,088	1,295,316,329
2.2	Savings	1,815,751,975	1,813,555,342
2.3	Deposits and placements by banks and other financial institutions	1,415,218,729	1,415,218,729
2.4	Other deposits	1,663,297,620	1,662,443,979
2.5	Other liabilities	49,749,789	49,775,355
	Total liabilities	6,247,456,199	6,236,309,733
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	130,014,323	130,014,323
3.5	Retained earnings	594,753,920	630,435,989
3.6	Other capital	74,960,106	74,958,324
3.9	Total equity	869,000,816	904,681,103
4	Total liabilities and equity	7,116,457,015	7,140,990,836

	Income statement	Bank	Group
1	Interest income	161,862,851	161,862,851
1.1	Balances with the Bank of Mongolia	2,185,341	2,185,341
1.2	Due from other banks and financial institutions	1,220,592	1,220,592
1.3	Investments in securities	66,531,450	66,531,450
1.4	Loans and advances	91,925,468	91,925,468
1.5	Other	-	-
2	Interest expense	115,865,154	115,720,941
2.1	Current accounts	8,660,042	8,600,191
2.2	Savings	51,903,945	51,819,583
2.3	Borrowings	16,761,397	16,761,397
2.4	Securities	37,647,645	37,647,645
2.5	Others	892,126	892,126
3	Net interest income	45,997,697	46,141,910
4	Provision expenses	3,490,875	3,490,875
5	Net interest income after provision	42,506,822	42,651,035
6	Other income	143,377,235	147,273,974
6.1	Non-interest income	143,313,176	143,433,765
6.1.1	Trading income	7,313,874	7,313,718
6.1.2	Gains from foreign currency exchange translation and valuation	118,915,027	118,915,136
6.1.3	Fees and commission income	10,304,995	10,425,631
6.1.4	Other non-interest income	6,779,280	6,779,280
6.2	Other income	64,059	3,840,208
7	Other expense	148,997,446	149,083,000
7.1	Non-interest expense	148,660,359	148,745,912
7.1.1	Other provision expense	582,021	582,021
7.1.2	Trading expense	6,098,343	6,098,343
7.1.3	Losses from foreign currency exchange translation and valuation	119,635,986	119,635,986
7.1.4	Fees and commission expense	3,032,938	3,059,173
7.1.5	Other operating expense	19,311,071	19,370,389
7.2	Other expense	337,087	337,087
8	Profit before tax	36,886,611	40,842,010
9	Income tax expense	1,507	19,603
10	Profit after tax	36,885,103	40,822,407
11	Other comprehensive income	(11,628,235)	(11,629,542)
12	Total comprehensive income for the year	25,256,868	29,192,865

Off-balance items	MNT'000
Contingencies and commitments (net)	658,404,203

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	13.43%	14.11%
Capital Adequacy Ratio	>14%	16.25%	16.92%
Liquidity ratio	>25%	46.80%	46.88%
Foreign currency exposure ratio (single currency)	< ± 15%	-14.37%	-13.74%
Foreign currency exposure ratio (total)	< ± 40%	-33.93%	-32.44%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	1,411,995,518	1,412,000,236
1.2	Deposits and placements with banks and other financial institutions	463,039,492	463,039,492
1.3	Investment securities	1,467,439,120	1,471,917,763
1.3.1	Investments in subsidiaries and associates	29,622,475	16,996,349
1.4	Loans and advances (net)	3,082,700,180	3,082,700,180
1.4.1	Performing loans	3,078,443,307	3,078,443,307
1.4.2	Non-performing loans	235,774,024	235,774,024
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	156,593,782	156,593,782
1.4.5	Provision for loan impairment	(388,110,932)	(388,110,932)
1.5	Derivative financial assets	302,227,021	302,227,021
1.6	Other financial assets	14,077,829	14,348,285
1.7	Other non-financial assets	25,894,489	18,310,734
1.8	Fixed assets (net)	336,737,126	336,774,881
1.9	Investment property	81,463,500	81,463,500
1.10	Held-for-sale assets	2,692,073	2,692,073
1.11	Intangible assets	2,003,384	2,014,750
1.12	Total assets	7,190,269,731	7,187,488,915
2	Liabilities
2.1	Current accounts	1,391,449,727	1,383,223,404
2.2	Savings	1,905,861,527	1,903,582,395
2.3	Deposits and placements by banks and other financial institutions	1,377,812,630	1,377,812,630
2.4	Other deposits	1,669,657,812	1,668,804,171
2.5	Other liabilities	49,034,563	49,082,841
	Total liabilities	6,393,816,259	6,382,505,440
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	131,967,889	131,967,889
3.5	Retained earnings	521,523,424	531,604,040
3.6	Other capital	73,689,692	72,139,078
3.9	Total equity	796,453,472	804,983,474
4	Total liabilities and equity	7,190,269,731	7,187,488,915

	Income statement	Bank	Group
1	Interest income	328,315,408	328,315,408
1.1	Balances with the Bank of Mongolia	4,865,719	4,865,719
1.2	Due from other banks and financial institutions	2,641,445	2,641,445
1.3	Investments in securities	131,773,496	131,773,496
1.4	Loans and advances	189,034,748	189,034,748
1.5	Other	-	-
2	Interest expense	233,328,138	233,040,424
2.1	Current accounts	17,975,168	17,859,305
2.2	Savings	102,525,688	102,353,837
2.3	Borrowings	35,835,251	35,835,251
2.4	Securities	75,464,707	75,464,707
2.5	Others	1,527,323	1,527,323
3	Net interest income	94,987,270	95,274,984
4	Provision expenses	85,234,309	85,234,309
5	Net interest income after provision	9,752,961	10,040,675
6	Other income	325,788,853	326,558,325
6.1	Non-interest income	322,894,404	323,176,882
6.1.1	Trading income	17,599,833	17,599,833
6.1.2	Gains from foreign currency exchange translation and valuation	255,282,585	255,282,901
6.1.3	Fees and commission income	23,512,946	23,795,108
6.1.4	Other non-interest income	26,499,041	26,499,041
6.2	Other income	2,894,449	3,381,443
7	Other expense	318,961,075	319,143,001
7.1	Non-interest expense	316,500,564	316,682,490
7.1.1	Other provision expense	733,619	733,619
7.1.2	Trading expense	15,490,105	15,490,105
7.1.3	Losses from foreign currency exchange translation and valuation	254,079,744	254,079,744
7.1.4	Fees and commission expense	6,830,408	6,876,616
7.1.5	Other operating expense	39,366,686	39,502,404
7.2	Other expense	2,460,511	2,460,511
8	Profit before tax	16,580,739	17,455,999
9	Income tax expense	234,495	273,945
10	Profit after tax	16,346,244	17,182,055
11	Other comprehensive income	(10,945,082)	(12,495,222)
12	Total comprehensive income for the year	5,401,162	4,686,832

Off-balance items	MNT'000
Contingencies and commitments (net)	677,573,083

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	11.75%	11.95%
Capital Adequacy Ratio	>14%	14.99%	15.15%
Liquidity ratio	>25%	45.05%	45.13%
Foreign currency exposure ratio (single currency)	< ± 15%	-13.35%	-13.19%
Foreign currency exposure ratio (total)	< ± 40%	-30.49%	-30.14%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	957,185,622	957,190,507
1.2	Deposits and placements with banks and other financial institutions	854,550,489	854,550,489
1.3	Investment securities	1,376,656,963	1,381,762,257
1.3.1	Investments in subsidiaries and associates	29,622,475	17,656,777
1.4	Loans and advances (net)	3,283,028,927	3,283,028,927
1.4.1	Performing loans	3,293,251,402	3,293,251,402
1.4.2	Non-performing loans	271,954,550	271,954,550
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	189,094,293	189,094,293
1.4.5	Provision for loan impairment	(471,271,319)	(471,271,319)
1.5	Derivative financial assets	353,667,919	353,667,919
1.6	Other financial assets	18,713,457	18,972,248
1.7	Other non-financial assets	30,774,985	23,199,544
1.8	Fixed assets (net)	336,052,450	336,086,421
1.9	Investment property	81,463,500	81,463,500
1.10	Held-for-sale assets	2,692,073	2,692,073
1.11	Intangible assets	3,149,197	3,159,528
1.12	Total assets	7,297,935,581	7,295,773,412
2	Liabilities
2.1	Current accounts	1,554,941,093	1,546,682,654
2.2	Savings	1,920,980,105	1,918,614,914
2.3	Deposits and placements by banks and other financial institutions	1,329,688,279	1,329,688,279
2.4	Other deposits	1,677,259,790	1,676,406,148
2.5	Other liabilities	60,772,831	60,812,657
	Total liabilities	6,543,642,097	6,532,204,652
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	131,967,889	131,967,889
3.5	Retained earnings	470,518,772	481,373,721
3.6	Other capital	82,534,356	80,954,683
3.9	Total equity	754,293,484	763,568,760
4	Total liabilities and equity	7,297,935,581	7,295,773,412

	Income statement	Bank	Group
1	Interest income	511,156,670	511,156,670
1.1	Balances with the Bank of Mongolia	6,938,146	6,938,146
1.2	Due from other banks and financial institutions	4,370,187	4,370,187
1.3	Investments in securities	194,021,899	194,021,899
1.4	Loans and advances	305,826,438	305,826,438
1.5	Other	-	-
2	Interest expense	356,240,721	355,819,700
2.1	Current accounts	27,271,140	27,112,787
2.2	Savings	156,680,362	156,417,694
2.3	Borrowings	55,906,469	55,906,469
2.4	Securities	114,334,496	114,334,496
2.5	Others	2,048,255	2,048,255
3	Net interest income	154,915,949	155,336,969
4	Provision expenses	141,054,678	141,054,678
5	Net interest income after provision	13,861,271	14,282,292
6	Other income	606,382,207	607,929,184
6.1	Non-interest income	603,459,675	603,859,231
6.1.1	Trading income	29,370,567	29,372,605
6.1.2	Gains from foreign currency exchange translation and valuation	514,717,261	514,717,829
6.1.3	Fees and commission income	36,578,672	36,975,622
6.1.4	Other non-interest income	22,793,175	22,793,175
6.2	Other income	2,922,532	4,069,953
7	Other expense	615,363,907	615,669,658
7.1	Non-interest expense	612,517,746	612,823,497
7.1.1	Other provision expense	1,056,774	1,056,774
7.1.2	Trading expense	24,382,805	24,382,805
7.1.3	Losses from foreign currency exchange translation and valuation	513,888,333	513,888,333
7.1.4	Fees and commission expense	10,951,291	11,013,221
7.1.5	Other operating expense	62,238,543	62,482,364
7.2	Other expense	2,846,161	2,846,161
8	Profit before tax	4,879,571	6,541,818
9	Income tax expense	247,479	299,583
10	Profit after tax	4,632,092	6,242,235
11	Other comprehensive income	(2,100,418)	(3,679,617)
12	Total comprehensive income for the year	2,531,673	2,562,618

Off-balance items	MNT'000
Contingencies and commitments (net)	616,745,228

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	11.33%	11.55%
Capital Adequacy Ratio	>14%	14.79%	14.98%
Liquidity ratio	>25%	42.90%	42.98%
Foreign currency exposure ratio (single currency)	< ± 15%	-12.18%	-12.02%
Foreign currency exposure ratio (total)	< ± 40%	-18.61%	-18.62%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	737,292,340	737,292,340
1.2	Deposits and placements with banks and other financial institutions	1,001,447,054	1,001,447,054
1.3	Investment securities	1,359,422,998	1,359,422,998
1.3.1	Investments in subsidiaries and associates	-	-
1.4	Loans and advances (net)	3,221,064,579	3,221,064,579
1.4.1	Performing loans	2,966,422,839	2,966,422,839
1.4.2	Non-performing loans	524,975,583	524,975,583
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	166,332,813	166,332,813
1.4.5	Provision for loan impairment	(436,666,656)	(436,666,656)
1.5	Derivative financial assets	379,263,246	379,263,246
1.6	Other financial assets	22,509,698	22,509,698
1.7	Other non-financial assets	17,529,102	17,529,102
1.8	Fixed assets (net)	397,500,104	397,500,104
1.9	Investment property	80,114,526	80,114,526
1.10	Held-for-sale assets	64,869,626	64,869,626
1.11	Intangible assets	2,776,409	2,776,409
1.12	Total assets	7,283,789,683	7,283,789,683
2	Liabilities
2.1	Current accounts	1,545,572,663	1,545,572,663
2.2	Savings	1,963,131,337	1,963,131,337
2.3	Deposits and placements by banks and other financial institutions	1,122,640,565	1,122,640,565
2.4	Other deposits	1,677,047,777	1,677,047,777
2.5	Other liabilities	46,617,258	46,617,258
	Total liabilities	6,355,009,600	6,355,009,600
3	EQUITY
3.1	Share capital	55,205,582	55,205,582
3.2	Share premium	210,393,158	210,393,158
3.3	Treasury stock	-	-
3.4	Revaluation reserves	129,231,895	129,231,895
3.5	Retained earnings	493,318,567	493,318,567
3.6	Other capital	40,630,881	40,630,881
3.9	Total equity	928,780,083	928,780,083
4	Total liabilities and equity	7,283,789,683	7,283,789,683

	Income statement	Bank	Group
1	Interest income	664,509,719	664,509,719
1.1	Balances with the Bank of Mongolia	9,208,692	9,208,692
1.2	Due from other banks and financial institutions	7,695,952	7,695,952
1.3	Investments in securities	250,608,095	250,608,095
1.4	Loans and advances	396,996,980	396,996,980
1.5	Other	-	-
2	Interest expense	476,295,697	475,765,337
2.1	Current accounts	40,375,352	40,215,204
2.2	Savings	205,635,302	205,265,090
2.3	Borrowings	72,771,798	72,771,798
2.4	Securities	153,658,522	153,658,522
2.5	Others	3,854,723	3,854,723
3	Net interest income	188,214,021	188,744,382
4	Provision expenses	152,036,389	152,036,389
5	Net interest income after provision	36,177,632	36,707,992
6	Other income	432,241,310	448,914,219
6.1	Non-interest income	429,315,626	429,951,245
6.1.1	Trading income	45,873,127	45,882,597
6.1.2	Gains from foreign currency exchange translation and valuation	306,862,063	306,862,846
6.1.3	Fees and commission income	50,325,208	50,950,529
6.1.4	Other non-interest income	26,255,229	26,255,273
6.2	Other income	2,925,684	18,962,974
7	Other expense	423,739,947	472,660,158
7.1	Non-interest expense	418,339,726	467,239,393
7.1.1	Other provision expense	2,517,608	2,517,608
7.1.2	Trading expense	12,721,013	13,088,999
7.1.3	Losses from foreign currency exchange translation and valuation	301,758,973	301,758,973
7.1.4	Fees and commission expense	14,856,147	14,856,147
7.1.5	Other operating expense	86,485,985	135,017,666
7.2	Other expense	5,400,220	5,420,765
8	Profit before tax	44,678,996	12,962,053
9	Income tax expense	250,109	322,324
10	Profit after tax	44,428,887	12,639,730
11	Other comprehensive income	(46,739,888)	(46,739,888)
12	Total comprehensive income for the year	(2,311,001)	(34,100,158)

Off-balance items	MNT'000
Contingencies and commitments (net)	553,663,692

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	16.55%	16.55%
Capital Adequacy Ratio	>14%	19.52%	19.52%
Liquidity ratio	>25%	42.33%	42.33%
Foreign currency exposure ratio (single currency)	< ± 15%	-3.89%	-3.89%
Foreign currency exposure ratio (total)	< ± 40%	-3.89%	-3.89%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	409,951,373	409,967,701
1.2	Deposits and placements with banks and other financial institutions	405,226,996	405,226,996
1.3	Investment securities	1,560,706,765	1,586,643,635
1.3.1	Investments in subsidiaries and associates	36,236,722	62,173,593
1.4	Loans and advances (net)	3,107,988,603	3,107,988,603
1.4.1	Performing loans	2,967,829,024	2,967,829,024
1.4.2	Non-performing loans	191,928,013	191,928,013
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	99,035,021	99,035,021
1.4.5	Provision for loan impairment	(150,803,455)	(150,803,455)
1.5	Derivative financial assets	363,380,259	363,380,259
1.6	Other financial assets	13,596,982	9,578,184
1.7	Other non-financial assets	17,167,756	21,583,988
1.8	Fixed assets (net)	322,738,192	332,352,574
1.9	Investment property	88,923,950	88,923,950
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	3,285,946	4,746,005
1.12	Total assets	6,292,966,821	6,330,391,896
2	Liabilities
2.1	Current accounts	818,040,990	812,117,370
2.2	Savings	1,465,017,871	1,463,726,800
2.3	Deposits and placements by banks and other financial institutions	1,403,906,781	1,404,725,580
2.4	Other deposits	1,699,923,480	1,699,923,480
2.5	Other liabilities	66,037,131	74,051,839
	Total liabilities	5,452,926,252	5,454,545,069
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	(1,583,600)
3.4	Revaluation reserves	125,594,642	126,992,123
3.5	Retained earnings	514,822,621	548,364,222
3.6	Other capital	130,350,839	130,350,839
3.7	Total equity attributable to equity holders of the Group	840,040,569	873,396,052
3.8	Non-controlling interests		2,450,775
3.9	Total equity	840,040,569	875,846,827
4	Total liabilities and equity	6,292,966,821	6,330,391,896

	Income statement	Bank	Group
1	Interest income	132,841,368	132,841,553
1.1	Balances with the Bank of Mongolia	1,929,684	1,929,684
1.2	Due from other banks and financial institutions	2,264,979	2,265,164
1.3	Investments in securities	47,518,218	47,518,218
1.4	Loans and advances	81,128,487	81,128,487
1.5	Other	-	-
2	Interest expense	103,277,145	103,173,645
2.1	Current accounts	5,369,908	5,369,645
2.2	Savings	33,982,184	33,878,948
2.3	Borrowings	21,884,729	21,884,729
2.4	Securities	39,722,869	39,722,869
2.5	Others	2,317,455	2,317,455
3	Net interest income	29,564,223	29,667,908
4	Provision expenses	6,965,729	6,965,729
5	Net interest income after provision	22,598,494	22,702,179
6	Other income	29,669,609	33,672,783
6.1	Non-interest income	27,636,192	27,645,059
6.1.1	Trading income	7,329,888	7,329,888
6.1.2	Gains from foreign currency exchange translation and valuation	192,694	192,807
6.1.3	Fees and commission income	10,007,813	10,016,566
6.1.4	Other non-interest income	10,105,797	10,105,797
6.2	Other income	2,033,416	6,027,725
7	Other expense	21,463,335	23,899,328
7.1	Non-interest expense	21,255,300	23,053,824
7.1.1	Other provision expense	959,662	959,662
7.1.2	Trading expense	-	4,770
7.1.3	Losses from foreign currency exchange translation and valuation	-	4
7.1.4	Fees and commission expense	2,357,681	2,357,684
7.1.5	Other operating expense	17,937,957	19,731,703
7.2	Other expense	208,035	845,504
8	Profit before tax	30,804,768	32,475,634
9	Income tax expense	211,967	245,951
10	Profit after tax	30,592,801	32,229,683
11	Other comprehensive income	84,731,669	84,729,669
12	Total comprehensive income for the year	115,324,470	116,959,352

Off-balance items	MNT'000
Contingencies and commitments (net)	920,897,096

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	11.26%	11.79%
Capital Adequacy Ratio	>14%	14.55%	15.08%
Liquidity ratio	>25%	34.30%	34.27%
Foreign currency exposure ratio (single currency)	< ± 15%	-14.50%	-13.86%
Foreign currency exposure ratio (total)	< ± 40%	-35.06%	-33.51%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	518,945,473	518,959,642
1.2	Deposits and placements with banks and other financial institutions	375,640,884	375,640,884
1.3	Investment securities	1,758,377,577	1,785,932,135
1.3.1	Investments in subsidiaries and associates	34,784,248	63,791,280
1.4	Loans and advances (net)	2,995,955,954	2,995,955,954
1.4.1	Performing loans	2,873,963,838	2,873,963,838
1.4.2	Non-performing loans	187,838,622	187,838,622
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	105,628,974	105,628,974
1.4.5	Provision for loan impairment	(171,475,479)	(171,475,479)
1.5	Derivative financial assets	283,992,345	283,992,345
1.6	Other financial assets	12,674,533	15,504,172
1.7	Other non-financial assets	13,452,685	9,344,817
1.8	Fixed assets (net)	321,855,590	331,493,260
1.9	Investment property	88,923,950	88,923,950
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	3,045,195	4,443,600
1.12	Total assets	6,372,864,185	6,410,190,760
2	Liabilities
2.1	Current accounts	877,350,915	871,205,124
2.2	Savings	1,676,994,606	1,675,045,468
2.3	Deposits and placements by banks and other financial institutions	1,338,528,840	1,339,266,441
2.4	Other deposits	1,622,944,909	1,622,944,909
2.5	Other liabilities	44,787,408	51,836,282
	Total liabilities	5,560,606,679	5,560,298,223
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	(1,583,600)
3.4	Revaluation reserves	125,594,642	126,992,123
3.5	Retained earnings	527,695,538	563,198,163
3.6	Other capital	89,694,860	92,013,383
3.9	Total equity	812,257,506	849,892,536
4	Total liabilities and equity	6,372,864,185	6,410,190,760

	Income statement	Bank	Group
1	Interest income	277,146,031	277,146,304
1.1	Balances with the Bank of Mongolia	4,091,113	4,091,113
1.2	Due from other banks and financial institutions	4,230,592	4,230,865
1.3	Investments in securities	99,160,581	99,160,581
1.4	Loans and advances	169,663,745	169,663,745
1.5	Other	-	-
2	Interest expense	206,548,252	206,370,493
2.1	Current accounts	10,838,670	10,837,810
2.2	Savings	71,302,210	71,083,307
2.3	Borrowings	43,013,133	43,055,137
2.4	Securities	77,249,981	77,249,981
2.5	Others	4,144,258	4,144,258
3	Net interest income	70,597,779	70,775,810
4	Provision expenses	30,665,235	30,665,235
5	Net interest income after provision	39,932,545	40,110,576
6	Other income	48,503,814	54,584,134
6.1	Non-interest income	46,453,111	46,508,485
6.1.1	Trading income	10,752,854	10,752,854
6.1.2	Gains from foreign currency exchange translation and valuation	(137,617)	(82,243)
6.1.3	Fees and commission income	22,600,744	22,600,744
6.1.4	Other non-interest income	13,237,129	13,237,129
6.2	Other income	2,050,703	8,075,650
7	Other expense	44,733,182	47,402,850
7.1	Non-interest expense	42,974,835	45,399,554
7.1.1	Other provision expense	3,684,965	3,684,965
7.1.2	Trading expense	-	-
7.1.3	Losses from foreign currency exchange translation and valuation	-	-
7.1.4	Fees and commission expense	5,077,609	5,089,276
7.1.5	Other operating expense	34,212,261	36,625,312
7.2	Other expense	1,758,347	2,003,297
8	Profit before tax	43,703,177	47,291,860
9	Income tax expense	237,459	360,488
10	Profit after tax	43,465,718	46,931,372
11	Other comprehensive income	44,075,690	44,075,690
12	Total comprehensive income for the year	87,541,408	91,007,062

Off-balance items	MNT'000
Contingencies and commitments (net)	894,015,639

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	11.95%	12.33%
Capital Adequacy Ratio	>14%	14.57%	14.91%
Liquidity ratio	>25%	36.80%	36.85%
Foreign currency exposure ratio (single currency)	< ± 15%	-13.05%	-12.39%
Foreign currency exposure ratio (total)	< ± 40%	-30.43%	-28.88%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	1,199,116,983	1,199,121,717
1.2	Deposits and placements with banks and other financial institutions	474,346,378	474,346,378
1.3	Investment securities	1,698,066,178	1,738,021,279
1.3.1	Investments in subsidiaries and associates	36,236,722	76,191,823
1.4	Loans and advances (net)	3,046,141,788	3,046,141,788
1.4.1	Performing loans	2,917,025,026	2,917,025,026
1.4.2	Non-performing loans	193,163,149	193,163,149
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	126,032,462	126,032,462
1.4.5	Provision for loan impairment	(190,078,850)	(190,078,850)
1.5	Derivative financial assets	345,023,710	345,023,710
1.6	Other financial assets	12,457,766	12,762,763
1.7	Other non-financial assets	19,182,793	12,598,554
1.8	Fixed assets (net)	320,384,952	320,413,757
1.9	Investment property	88,923,950	88,923,950
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	2,941,041	2,941,499
1.12	Total assets	7,206,585,540	7,240,295,394
2	Liabilities
2.1	Current accounts	1,153,909,861	1,146,937,615
2.2	Savings	1,965,783,650	1,963,752,018
2.3	Deposits and placements by banks and other financial institutions	1,469,157,548	1,469,157,548
2.4	Other deposits	1,708,254,473	1,708,254,473
2.5	Other liabilities	48,567,652	47,736,381
	Total liabilities	6,345,673,184	6,335,838,034
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	125,594,642	125,594,642
3.5	Retained earnings	569,350,592	612,895,596
3.6	Other capital	96,694,656	96,694,656
3.9	Total equity	860,912,356	904,457,360
4	Total liabilities and equity	7,206,585,540	7,240,295,394

	Income statement	Bank	Group
1	Interest income	441,494,574	441,494,574
1.1	Balances with the Bank of Mongolia	6,632,439	6,632,439
1.2	Due from other banks and financial institutions	5,855,467	5,855,467
1.3	Investments in securities	162,886,817	162,886,817
1.4	Loans and advances	266,119,851	266,119,851
1.5	Other	-	-
2	Interest expense	317,887,188	317,540,950
2.1	Current accounts	17,330,376	17,330,376
2.2	Savings	116,880,235	116,533,998
2.3	Borrowings	62,957,023	62,957,023
2.4	Securities	115,291,088	115,291,088
2.5	Others	5,428,466	5,428,466
3	Net interest income	123,607,385	123,953,623
4	Provision expenses	49,484,999	49,484,999
5	Net interest income after provision	74,122,386	74,468,624
6	Other income	550,827,186	560,236,571
6.1	Non-interest income	548,761,923	549,022,509
6.1.1	Trading income	86,527,684	86,527,684
6.1.2	Gains from foreign currency exchange translation and valuation	413,664,534	413,664,880
6.1.3	Fees and commission income	34,141,731	34,401,971
6.1.4	Other non-interest income	14,427,974	14,427,974
6.2	Other income	2,065,263	11,214,062
7	Other expense	539,589,958	539,750,086
7.1	Non-interest expense	537,606,620	537,766,748
7.1.1	Other provision expense	4,005,021	4,005,021
7.1.2	Trading expense	54,809,644	54,809,644
7.1.3	Losses from foreign currency exchange translation and valuation	417,399,007	417,399,007
7.1.4	Fees and commission expense	8,394,526	8,411,820
7.1.5	Other operating expense	52,998,422	53,141,256
7.2	Other expense	1,983,337	1,983,337
8	Profit before tax	85,359,614	94,955,110
9	Income tax expense	238,842	356,978
10	Profit after tax	85,120,772	94,598,131
11	Other comprehensive income	51,075,486	51,075,486
12	Total comprehensive income for the year	136,196,258	145,673,617

Off-balance items	MNT'000
Contingencies and commitments (net)	816,165,018

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	12.77%	13.34%
Capital Adequacy Ratio	>14%	15.47%	15.98%
Liquidity ratio	>25%	44.59%	44.71%
Foreign currency exposure ratio (single currency)	< ± 15%	-11.47%	-10.84%
Foreign currency exposure ratio (total)	< ± 40%	-17.86%	-16.88%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	997,866,505	997,871,163
1.2	Deposits and placements with banks and other financial institutions	772,668,510	772,668,509
1.3	Investment securities	1,418,206,854	1,446,229,560
1.3.1	Investments in subsidiaries and associates	32,821,712	60,841,265
1.4	Loans and advances (net)	2,890,248,724	2,890,248,724
1.4.1	Performing loans	2,807,890,039	2,807,890,039
1.4.2	Non-performing loans	225,016,992	225,016,992
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	125,274,155	125,274,155
1.4.5	Provision for loan impairment	(267,932,462)	(267,932,462)
1.5	Derivative financial assets	314,341,681	314,341,681
1.6	Other financial assets	22,896,479	23,200,947
1.7	Other non-financial assets	19,265,533	11,687,543
1.8	Fixed assets (net)	324,112,734	324,138,590
1.9	Investment property	91,951,413	91,951,413
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	2,586,782	2,587,186
1.12	Total assets	6,854,145,215	6,874,925,316
2	Liabilities
2.1	Current accounts	1,213,768,492	1,205,660,085
2.2	Savings	1,692,713,603	1,690,599,470
2.3	Deposits and placements by banks and other financial institutions	1,393,641,222	1,393,641,222
2.4	Other deposits	1,661,025,454	1,661,025,454
2.5	Other liabilities	49,252,496	48,466,454
	Total liabilities	6,010,401,267	5,999,392,685
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	130,014,323	130,014,323
3.5	Retained earnings	557,868,817	589,657,976
3.6	Other capital	86,588,341	86,587,865
3.9	Total equity	843,743,948	875,532,631
4	Total liabilities and equity	6,854,145,215	6,874,925,316

	Income statement	Bank	Group
1	Interest income	612,880,076	612,882,220
1.1	Balances with the Bank of Mongolia	9,489,534	9,489,534
1.2	Due from other banks and financial institutions	6,997,056	6,997,056
1.3	Investments in securities	231,245,315	231,247,458
1.4	Loans and advances	365,148,171	365,148,171
1.5	Other	-	-
2	Interest expense	434,599,362	434,121,831
2.1	Current accounts	25,133,285	25,133,285
2.2	Savings	167,988,113	167,510,582
2.3	Borrowings	81,489,955	81,489,955
2.4	Securities	153,568,833	153,568,833
2.5	Others	6,419,176	6,419,176
3	Net interest income	178,280,714	178,760,389
4	Provision expenses	129,244,808	129,244,808
5	Net interest income after provision	49,035,906	49,515,580
6	Other income	626,986,015	631,576,965
6.1	Non-interest income	621,715,179	606,055,295
6.1.1	Trading income	125,592,861	109,114,291
6.1.2	Gains from foreign currency exchange translation and valuation	429,999,409	429,999,645
6.1.3	Fees and commission income	46,676,182	47,494,632
6.1.4	Other non-interest income	19,446,727	19,446,727
6.2	Other income	5,270,835	25,521,670
7	Other expense	602,141,547	606,951,239
7.1	Non-interest expense	599,413,941	604,223,558
7.1.1	Other provision expense	1,759,403	1,759,403
7.1.2	Trading expense	69,693,359	69,693,359
7.1.3	Losses from foreign currency exchange translation and valuation	435,046,897	435,046,897
7.1.4	Fees and commission expense	12,106,957	12,490,455
7.1.5	Other operating expense	80,807,326	85,233,445
7.2	Other expense	2,727,606	2,727,681
8	Profit before tax	73,880,373	74,141,306
9	Income tax expense	241,376	381,360
10	Profit after tax	73,638,997	73,759,946
11	Other comprehensive income	45,388,850	43,990,893
12	Total comprehensive income for the year	119,027,847	117,750,839

Off-balance items	MNT'000
Contingencies and commitments (net)	708,402,759

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	13.42%	14.02%
Capital Adequacy Ratio	>14%	16.44%	17.03%
Liquidity ratio	>25%	45.63%	45.71%
Foreign currency exposure ratio (single currency)	< ± 15%	-10.67%	-10.23%
Foreign currency exposure ratio (total)	< ± 40%	-18.64%	-17.88%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	889,785,858	890,370,010
1.2	Deposits and placements with banks and other financial institutions	194,834,520	195,251,146
1.3	Investment securities	1,424,174,987	1,437,041,020
1.3.1	Investments in subsidiaries and associates	36,382,158	49,830,945
1.4	Loans and advances (net)	2,777,180,224	2,777,180,224
1.4.1	Performing loans	2,616,875,477	2,616,875,477
1.4.2	Non-performing loans	209,319,849	209,319,849
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	60,427,933	60,427,933
1.4.5	Provision for loan impairment	(109,443,035)	(109,443,035)
1.5	Derivative financial assets	56,553,732	56,553,732
1.6	Other financial assets	6,753,366	6,753,366
1.7	Other non-financial assets	21,100,172	25,793,149
1.8	Fixed assets (net)	193,074,387	203,008,220
1.9	Investment property	99,789,000	99,789,000
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	1,406,128	1,644,309
1.12	Total assets	5,664,652,374	5,693,384,176
2	Liabilities
2.1	Current accounts	653,470,758	653,220,447
2.2	Savings	1,439,163,327	1,437,541,692
2.3	Deposits and placements by banks and other financial institutions	1,177,856,664	1,177,892,639
2.4	Other deposits	1,719,820,096	1,719,820,096
2.5	Other liabilities	55,398,903	58,090,130
	Total liabilities	5,045,709,748	5,046,565,003
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	124,974,479	125,559,513
3.5	Retained earnings	424,201,164	443,744,407
3.6	Other capital	494,516	494,516
3.7	Total equity attributable to equity holders of the Group	618,942,625	639,070,902
3.8	Non-controlling interests		7,748,271
3.9	Total equity	618,942,625	646,819,173
4	Total liabilities and equity	5,664,652,374	5,693,384,176

	Income statement	Bank	Group
1	Interest income	139,008,234	139,008,328
1.1	Balances with the Bank of Mongolia	2,180,332	2,180,332
1.2	Due from other banks and financial institutions	2,671,678	2,671,771
1.3	Investments in securities	49,546,976	49,546,976
1.4	Loans and advances	84,609,249	84,609,249
1.5	Other	-	-
2	Interest expense	91,225,331	91,183,008
2.1	Current accounts	4,016,728	4,014,842
2.2	Savings	34,442,793	34,402,357
2.3	Borrowings	14,655,511	14,655,511
2.4	Securities	35,320,300	35,320,300
2.5	Others	2,789,999	2,789,999
3	Net interest income	47,782,903	47,825,319
4	Provision expenses	14,796,668	14,796,668
5	Net interest income after provision	32,986,235	33,028,651
6	Other income	-18,603,335	-12,666,326
6.1	Non-interest income	-18,615,705	-18,183,788
6.1.1	Trading income	7,828,756	7,828,756
6.1.2	Gains from foreign currency exchange translation and valuation	(35,744,045)	(35,744,045)
6.1.3	Fees and commission income	7,553,765	7,641,553
6.1.4	Other non-interest income	1,745,819	2,089,947
6.2	Other income	12,369	5,517,462
7	Other expense	17,410,436	18,978,122
7.1	Non-interest expense	17,290,945	18,858,632
7.1.1	Other provision expense	62,763	62,763
7.1.2	Trading expense	-	-
7.1.3	Losses from foreign currency exchange translation and valuation	-	-
7.1.4	Fees and commission expense	-	-
7.1.5	Other operating expense	17,228,183	18,795,869
7.2	Other expense	119,491	119,491
8	Profit before tax	-3,027,536	1,384,202
9	Income tax expense	867	9,147
10	Profit after tax	-3,028,404	1,375,055
11	Other comprehensive income	-	-
12	Total comprehensive income for the year	-3,028,404	1,375,055

Off-balance items	MNT'000
Contingencies and commitments (net)	758,652,142

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	11.61%	11.90%
Capital Adequacy Ratio	>14%	15.25%	15.51%
Liquidity ratio	>25%	43.50%	47.03%
Foreign currency exposure ratio (single currency)	< ± 15%	VaR	VaR
Foreign currency exposure ratio (total)	< ± 40%	VaR	VaR

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	814,366,212	814,382,029
1.2	Deposits and placements with banks and other financial institutions	186,600,041	186,600,041
1.3	Investment securities	1,627,850,716	1,648,214,635
1.3.1	Investments in subsidiaries and associates	36,382,158	56,746,077
1.4	Loans and advances (net)	3,058,966,724	3,058,966,724
1.4.1	Performing loans	2,903,330,558	2,903,330,558
1.4.2	Non-performing loans	217,730,605	217,730,605
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	59,665,236	59,665,236
1.4.5	Provision for loan impairment	(121,759,675)	(121,759,675)
1.5	Derivative financial assets	90,644,236	90,644,236
1.6	Other financial assets	8,900,971	8,900,971
1.7	Other non-financial assets	20,689,922	23,944,390
1.8	Fixed assets (net)	330,993,305	340,945,987
1.9	Investment property	99,789,000	99,789,000
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	1,607,400	2,106,220
1.12	Total assets	6,240,408,527	6,274,494,233
2	Liabilities
2.1	Current accounts	767,932,039	767,678,581
2.2	Savings	1,217,972,396	1,216,093,695
2.3	Deposits and placements by banks and other financial institutions	1,488,297,247	1,488,992,522
2.4	Other deposits	1,969,952,463	1,969,952,463
2.5	Other liabilities	70,848,193	73,023,979
	Total liabilities	5,515,002,338	5,515,741,240
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	198,214,329	200,864,489
3.5	Retained earnings	457,424,878	480,500,780
3.6	Other capital	494,516	494,516
3.7	Total equity attributable to equity holders of the Group	725,406,189	751,132,251
3.8	Non-controlling interests		7,620,741
3.9	Total equity	725,406,189	758,752,993
4	Total liabilities and equity	6,240,408,527	6,274,494,233

	Income statement	Bank	Group
1	Interest income	270,983,330	270,983,990
1.1	Balances with the Bank of Mongolia	3,654,711	3,654,711
1.2	Due from other banks and financial institutions	5,408,175	5,408,835
1.3	Investments in securities	98,359,515	98,359,515
1.4	Loans and advances	163,560,929	163,560,929
1.5	Other	-	-
2	Interest expense	185,052,253	184,964,075
2.1	Current accounts	9,095,725	9,093,961
2.2	Savings	69,068,587	68,982,173
2.3	Borrowings	27,508,293	27,508,293
2.4	Securities	71,507,973	71,507,973
2.5	Others	7,871,675	7,871,675
3	Net interest income	85,931,077	86,019,916
4	Provision expenses	38,909,716	38,909,716
5	Net interest income after provision	47,021,362	47,110,200
6	Other income	20,206,119	33,598,658
6.1	Non-interest income	18,908,832	21,492,832
6.1.1	Trading income	(14,761,376)	(14,761,376)
6.1.2	Gains from foreign currency exchange translation and valuation	2,549,455	2,549,455
6.1.3	Fees and commission income	17,392,898	18,126,348
6.1.4	Other non-interest income	13,727,855	15,578,406
6.2	Other income	1,297,288	12,105,826
7	Other expense	36,903,204	40,456,521
7.1	Non-interest expense	36,654,688	40,208,005
7.1.1	Other provision expense	297,001	297,001
7.1.2	Trading expense	-	-
7.1.3	Losses from foreign currency exchange translation and valuation	-	-
7.1.4	Fees and commission expense	-	-
7.1.5	Other operating expense	36,357,687	39,911,004
7.2	Other expense	248,516	248,516
8	Profit before tax	30,324,277	40,252,336
9	Income tax expense	128,967	183,745
10	Profit after tax	30,195,310	40,068,591
11	Other comprehensive income	-	-
12	Total comprehensive income for the year	30,195,310	40,068,591

Off-balance items	MNT'000
Contingencies and commitments (net)	749,938,346

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	10.02%	10.66%
Capital Adequacy Ratio	>14%	14.21%	14.87%
Liquidity ratio	>25%	36.14%	36.10%
Foreign currency exposure ratio (single currency)	< ± 15%	14.04%	13.81%
Foreign currency exposure ratio (total)	< ± 40%	36.63%	35.96%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	1,272,451,358	1,272,459,041
1.2	Deposits and placements with banks and other financial institutions	117,464,586	117,464,586
1.3	Investment securities	1,447,484,255	1,462,133,605
1.3.1	Investments in subsidiaries and associates	34,784,248	49,433,597
1.4	Loans and advances (net)	3,258,027,437	3,258,027,437
1.4.1	Performing loans	3,059,721,772	3,059,721,772
1.4.2	Non-performing loans	244,297,661	244,297,661
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	97,016,892	97,016,892
1.4.5	Provision for loan impairment	(143,008,887)	(143,008,887)
1.5	Derivative financial assets	285,943,160	285,943,160
1.6	Other financial assets	7,966,341	9,324,684
1.7	Other non-financial assets	30,742,134	34,482,675
1.8	Fixed assets (net)	330,100,342	339,973,831
1.9	Investment property	99,789,000	99,789,000
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	3,369,720	3,851,844
1.12	Total assets	6,853,338,333	6,883,449,863
2	Liabilities
2.1	Current accounts	879,001,057	878,926,654
2.2	Savings	1,358,106,927	1,355,864,545
2.3	Deposits and placements by banks and other financial institutions	1,539,653,998	1,539,995,307
2.4	Other deposits	2,194,923,592	2,194,923,592
2.5	Other liabilities	86,577,837	90,779,406
	Total liabilities	6,058,263,412	6,060,489,504
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	246,891,761	248,377,376
3.5	Retained earnings	478,416,178	502,144,546
3.6	Other capital	494,516	494,516
3.7	Total equity attributable to equity holders of the Group	795,074,921	820,288,904
3.8	Non-controlling interests		2,671,455
3.9	Total equity	795,074,921	822,960,360
4	Total liabilities and equity	6,853,338,333	6,883,449,863

	Income statement	Bank	Group
1	Interest income	434,605,302	434,605,536
1.1	Balances with the Bank of Mongolia	6,353,966	6,353,966
1.2	Due from other banks and financial institutions	8,450,888	8,451,122
1.3	Investments in securities	149,058,428	149,058,428
1.4	Loans and advances	270,742,020	270,742,020
1.5	Other	-	-
2	Interest expense	292,157,406	292,018,294
2.1	Current accounts	14,659,340	14,659,340
2.2	Savings	105,622,104	105,482,992
2.3	Borrowings	45,887,742	45,887,742
2.4	Securities	113,951,699	113,951,699
2.5	Others	12,036,520	12,036,520
3	Net interest income	142,447,896	142,587,242
4	Provision expenses	50,142,614	50,142,614
5	Net interest income after provision	92,305,282	92,444,628
6	Other income	18,766,511	28,240,294
6.1	Non-interest income	17,465,284	18,342,490
6.1.1	Trading income	(18,317,010)	(18,596,721)
6.1.2	Gains from foreign currency exchange translation and valuation	4,806,059	5,083,484
6.1.3	Fees and commission income	27,231,815	27,736,788
6.1.4	Other non-interest income	3,744,421	4,118,938
6.2	Other income	1,301,227	9,897,805
7	Other expense	59,998,214	66,019,408
7.1	Non-interest expense	58,873,761	64,894,956
7.1.1	Other provision expense	419,965	419,965
7.1.2	Trading expense	-	-
7.1.3	Losses from foreign currency exchange translation and valuation	-	-
7.1.4	Fees and commission expense	-	-
7.1.5	Other operating expense	58,453,796	64,474,990
7.2	Other expense	1,124,453	1,124,453
8	Profit before tax	51,073,579	54,665,514
9	Income tax expense	128,967	205,837
10	Profit after tax	50,944,612	54,459,677
11	Other comprehensive income	-	-
12	Total comprehensive income for the year	50,944,612	54,459,677

Off-balance items	MNT'000
Contingencies and commitments (net)	947,215,364

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	10.15%	10.50%
Capital Adequacy Ratio	>14%	15.22%	15.54%
Liquidity ratio	>25%	39.44%	39.50%
Foreign currency exposure ratio (single currency)	< ± 15%	12.69%	12.29%
Foreign currency exposure ratio (total)	< ± 40%	16.11%	15.61%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	831,819,163	832,433,673
1.2	Deposits and placements with banks and other financial institutions	457,020,267	457,020,267
1.3	Investment securities	1,509,281,767	1,532,535,833
1.3.1	Investments in subsidiaries and associates	36,236,722	59,490,788
1.4	Loans and advances (net)	2,928,797,388	2,928,797,388
1.4.1	Performing loans	2,765,862,597	2,765,862,597
1.4.2	Non-performing loans	222,871,346	222,871,346
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	93,630,082	93,630,082
1.4.5	Provision for loan impairment	(153,566,637)	(153,566,637)
1.5	Derivative financial assets	368,120,905	368,120,905
1.6	Other financial assets	75,291,823	71,186,538
1.7	Other non-financial assets	24,358,277	27,558,754
1.8	Fixed assets (net)	323,855,302	333,559,483
1.9	Investment property	88,923,950	88,923,950
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	3,620,737	5,048,116
1.12	Total assets	6,611,089,579	6,645,184,906
2	Liabilities
2.1	Current accounts	829,892,169	823,695,414
2.2	Savings	1,431,382,975	1,429,247,549
2.3	Deposits and placements by banks and other financial institutions	1,560,347,100	1,562,745,629
2.4	Other deposits	1,929,721,453	1,929,721,453
2.5	Other liabilities	135,029,780	140,624,136
	Total liabilities	5,886,373,478	5,886,034,181
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	(1,583,600)
3.4	Revaluation reserves	125,594,642	126,992,123
3.5	Retained earnings	484,229,822	516,078,227
3.6	Other capital	45,619,170	45,619,170
3.7	Total equity attributable to equity holders of the Group	724,716,101	756,378,387
3.8	Non-controlling interests		2,772,338
3.9	Total equity	724,716,101	759,150,725
4	Total liabilities and equity	6,611,089,579	6,645,184,906

	Income statement	Bank	Group
1	Interest income	593,217,106	593,217,355
1.1	Balances with the Bank of Mongolia	9,077,778	9,077,777
1.2	Due from other banks and financial institutions	10,356,523	10,356,773
1.3	Investments in securities	201,046,100	201,046,100
1.4	Loans and advances	372,736,705	372,736,705
1.5	Other	-	-
2	Interest expense	401,035,582	400,832,691
2.1	Current accounts	20,586,650	20,584,502
2.2	Savings	139,871,345	139,670,603
2.3	Borrowings	68,174,618	68,174,618
2.4	Securities	157,562,129	157,562,129
2.5	Others	14,840,839	14,840,839
3	Net interest income	192,181,524	192,384,664
4	Provision expenses	96,480,217	96,480,217
5	Net interest income after provision	95,701,308	95,904,448
6	Other income	62,764,294	83,495,838
6.1	Non-interest income	60,938,971	79,005,591
6.1.1	Trading income	33,744,963	33,745,558
6.1.2	Gains from foreign currency exchange translation and valuation	(15,403,941)	1,485,759
6.1.3	Fees and commission income	37,806,586	38,317,321
6.1.4	Other non-interest income	4,791,364	5,456,953
6.2	Other income	1,825,323	4,490,246
7	Other expense	102,275,870	111,727,201
7.1	Non-interest expense	85,986,600	93,929,080
7.1.1	Other provision expense	683,685	683,685
7.1.2	Trading expense	-	266,735
7.1.3	Losses from foreign currency exchange translation and valuation	-	-
7.1.4	Fees and commission expense	10,350,311	10,350,311
7.1.5	Other operating expense	74,952,604	82,628,349
7.2	Other expense	16,289,270	17,798,121
8	Profit before tax	56,189,732	67,673,085
9	Income tax expense	136,037	212,876
10	Profit after tax	56,053,694	67,460,209
11	Other comprehensive income	21,699,536	21,699,536
12	Total comprehensive income for the year	77,753,230	89,159,745

Off-balance items	MNT'000
Contingencies and commitments (net)	924,624,972

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	10.64%	11.15%
Capital Adequacy Ratio	>14%	14.10%	14.62%
Liquidity ratio	>25%	46.00%	47.00%
Foreign currency exposure ratio (single currency)	< ± 15%	13.87%	13.91%
Foreign currency exposure ratio (total)	< ± 40%	18.50%	17.70%

Unconsolidated MNT'000

Assets	31 Mar 2015
Cash and due from banks	766,278,390
Investment securities	985,860,658
Loans and advances (net)	2,731,817,450
Bills purchased under resale agreements	-
Subordinated loans	4,000,000
Property and equipment (net)	321,831,176
Intangible assets (net)	2,046,573
Foreclosed real properties (net)	1,471,045
Other assets	133,658,335
Total assets	4,946,963,627
Liabilities
Deposits from customers	2,196,765,600
Deposits and placements from banks and other financial institutions	125,909,475
Borrowings	1,107,873,376
Current tax liabilities	460,144
Debt securities issued	777,755,353
Other liabilities	89,612,149
Subordinated debt securities issued	79,228,222
Total liabilities	4,377,604,319
Equity
Share capital	16,525,280
Share premium	19,272,456
Treasury shares	(2,620,626)
Revaluation reserves	122,378,417
Retained earnings	413,803,782
Total equity	569,359,309

Total liabilities and equity	4,946,963,627

Income Statements
Interest income	116,205,263
Interest expense	(78,184,156)
Net interest income	38,021,107
Net fee and commission income	8,190,521
Other operating income (net)	(1,602,864)
Net non-interest income	6,587,657
Operating income	44,608,763
Operating expense	(16,505,194)
Provision for impairment losses	(2,585,725)
Profit before tax	25,517,845

Prudential Ratios
Tier 1 Capital Adequacy Ratio >9%	11.28%
Capital Adequacy Ratio >14%	16.42%
Liquidity Ratio >25%	36.02%
Loan and guarantee issued to single borrower <20%	17.66%
Loan and guarantee issued to single related party <5%	1.79%
Total loans and guarantees issued to related parties <20%	3.20%

Consolidated MNT'000

Assets	30 Jun 2015
Cash and due from banks	757,750,313
Investment securities	1,885,800,644
Investment in associates and joint ventures	16,797,313
Loans and advances, net	2,599,493,902
Bills purchased under resale agreements	97,659,500
Subordinated loans	4,000,000
Property and equipment, net	212,141,341
Intangible assets, net	2,070,029
Investment property	89,481,171
Foreclosed real properties (net)	1,240,568
Current tax assets	1,647,093
Other assets	191,905,801
Assets held for sale	27,896,085
Total assets	5,887,883,760
Liabilities
Deposits from customers	2,173,377,516
Deposits and placements by banks and other financial institutions	101,456,424
Bills sold under repurchase agreements	97,659,500
Borrowings	955,589,138
Current tax liabilities	55,103
Debt securities issued	1,699,763,923
Subordinated debt securities issued	47,803,381
Other liabilities	138,292,666
Total liabilities	5,213,997,651
Equity
Share capital	16,525,280
Share premium	19,272,456
Treasury shares	(2,620,626)
Revaluation reserves	153,645,983
Accumulated unrealised gain (loss) on available-for-sale financial assets	8,432,530
Accumulated unrealised gain on valuation of cash flow hedges	43,332,651
Retained earnings	433,789,137
Total equity	672,377,411
Non-controlling interests	1,508,698
Total equity	673,886,109
Total liabilities and equity	5,887,883,760

Income Statements
Interest income	247,440,072
Interest expense	(170,252,824)
Net interest income	77,187,248
Net fee and commission income	14,855,181
Other operating income (net)	(1,082,702)
Net non-interest income	13,772,479
Operating income	90,959,727
Operating expense	(37,706,125)
Share of profit of associates and joint ventures	1,320,082
Provision for impairment losses	(15,784,550)
Profit before tax	38,789,134
Income tax expense	(174,015)
Net profit for the period	38,615,119

Prudential Ratios
Tier 1 Capital Adequacy Ratio >9%	11.21%
Capital Adequacy Ratio >14%	17.39%
Liquidity Ratio >25%	51.34%
Loan and guarantee issued to single borrower <20%	17.99%
Loan and guarantee issued to single related party <5%	1.59%
Total loans and guarantees issued to related parties <20%	3.60%

MNT'000

Assets	30 Sep 2015 Bank	30 Sep 2015 Group
Cash and due from banks	797,783,739	797,808,796
Investment securities	1,335,484,833	1,323,133,557
Loans and advances (net)	2,710,908,827	2,710,908,827
Bills purchased under resale agreements	104,836,588	104,836,588
Subordinated loans	4,000,000	4,000,000
Property and equipment (net)	199,853,820	208,380,516
Intangible assets (net)	1,179,447	1,413,909
Investment property	93,841,919	93,841,919
Foreclosed real properties (net)	1,255,568	1,255,568
Current tax assets	391,541	391,541
Other assets	232,747,638	237,045,563
Total assets	5,482,283,922	5,483,016,785
Liabilities
Deposits from customers	2,282,654,661	2,270,419,970
Deposits and placements by banks and other financial institutions	188,777,357	188,777,357
Bills sold under repurchase agreements	99,849,500	99,849,500
Borrowings	894,639,415	895,639,683
Current tax liabilities	434,703	448,961
Debt securities issued	1,178,806,233	1,178,806,233
Subordinated debt securities issued	45,489,786	45,489,786
Other liabilities	120,875,036	126,274,131
Total liabilities	4,811,526,691	4,805,705,622
Equity
Share capital	16,525,280	16,525,280
Share premium	19,272,456	19,272,456
Treasury shares	-	-
Revaluation reserves	138,264,257	138,264,257
Accumulated unrealised gain (loss) on available-for-sale financial assets	18,375,226	18,375,226
Retained earnings	478,320,011	483,410,063
Total equity attributable to equity holders of the Bank	670,757,230	675,847,283
Non-controlling interests	-	1,463,880
Total equity	670,757,230	677,311,163
Total liabilities and equity	5,482,283,922	5,483,016,785

Income Statements
Interest income	396,200,310	396,200,735
Interest expense	(271,645,233)	(270,859,223)
Net interest income	124,555,078	125,341,512
Net fee and commission income	21,933,376	22,358,995
Other operating income (net)	(6,522,687)	(5,588,541)
Net non-interest income	15,410,689	16,770,454
Operating income	139,965,766	142,111,966
Operating expense	(51,432,811)	(57,025,917)
Share of profit of associates and joint ventures	-	2,006,126
Provision for impairment losses	(14,197,881)	(14,197,881)
Profit before tax	74,335,075	72,894,294

Prudential Ratios
Tier 1 Capital Adequacy Ratio >9%	11.78%	11.88%
Capital Adequacy Ratio >14%	16.43%	16.53%
Liquidity Ratio >25%	41.57%	44.44%
Loan and guarantee issued to single borrower <20%	17.42%	17.26%
Loan and guarantee issued to single related party <5%	1.63%	1.62%
Total loans and guarantees issued to related parties <20%	3.02%	2.99%

MNT'000

№	Balance sheet Items	Bank	Group
1	ASSETS
1.1	Cash and cash equivalents	801,730,889	801,731,719
1.2	Deposits and placements with banks and other financial institutions	189,632,865	189,637,188
1.3	Investment securities	1,297,124,452	1,306,053,685
1.3.1	Investments in subsidiaries and associates	37,834,633	46,763,866
1.4	Loans and advances (net)	2,701,379,108	2,701,379,108
1.4.1	Performing loans	2,569,055,518	2,569,055,518
1.4.2	Non-performing loans	174,064,708	174,064,708
1.4.3	Deferred loan payments	-	-
1.4.4	Accrued interest receivables	56,399,492	56,399,492
1.4.5	Provision for loan impairment	(98,140,610)	(98,140,610)
1.5	Derivative financial assets	205,695,098	205,695,098
1.6	Other financial assets	10,174,835	11,542,033
1.7	Other non-financial assets	21,661,908	21,921,959
1.8	Fixed assets (net)	195,025,607	204,884,777
1.9	Investment property	99,789,000	99,789,000
1.10	Held-for-sale assets	-	-
1.11	Intangible assets	1,211,558	1,449,739
1.12	Total assets	5,523,425,320	5,544,084,305
2	Liabilities
2.1	Current accounts	699,570,689	698,820,018
2.2	Savings	1,510,336,492	1,508,999,895
2.3	Deposits and placements by banks and other financial institutions	992,048,253	992,088,290
2.4	Other deposits	1,483,584,236	1,483,584,236
2.5	Other liabilities	190,922,780	192,659,326
	Total liabilities	4,876,462,449	4,876,151,764
3	EQUITY
3.1	Share capital	50,000,011	50,000,011
3.2	Share premium	19,272,456	19,272,456
3.3	Treasury stock	-	-
3.4	Revaluation reserves	149,920,492	151,406,107
3.5	Retained earnings	427,275,396	444,715,477
3.6	Other capital	494,516	494,516
3.7	Total equity attributable to equity holders of the Group	646,962,871	665,888,566
3.8	Non-controlling interests		2,043,975
3.9	Total equity	646,962,871	667,932,541
4	Total liabilities and equity	5,523,425,320	5,544,084,305

	Income statement	Bank	Group
1	Interest income	532,856,098	532,856,754
1.1	Balances with the Bank of Mongolia	8,644,633	8,644,633
1.2	Due from other banks and financial institutions	12,124,101	12,124,756
1.3	Investments in securities	171,104,634	171,104,634
1.4	Loans and advances	340,982,730	340,982,730
1.5	Other	-	-
2	Interest expense	359,562,810	358,520,676
2.1	Current accounts	15,985,246	15,969,584
2.2	Savings	141,779,840	140,753,369
2.3	Borrowings	66,412,474	66,412,474
2.4	Securities	129,263,375	129,263,375
2.5	Others	6,121,875	6,121,875
3	Net interest income	173,293,288	174,336,078
4	Provision expenses	49,709,770	49,709,770
5	Net interest income after provision	123,583,518	124,626,308
6	Other income	20,622,486	37,607,998
6.1	Non-interest income	20,481,667	24,897,724
6.1.1	Trading income	10,617,248	10,617,248
6.1.2	Gains from foreign currency exchange translation and valuation	(34,852,306)	(34,852,306)
6.1.3	Fees and commission income	34,411,177	35,056,690
6.1.4	Other non-interest income	10,305,549	14,076,093
6.2	Other income	140,819	12,710,274
7	Other expense	93,026,809	99,495,449
7.1	Non-interest expense	80,396,285	86,864,925
7.1.1	Other provision expense	2,439,670	2,439,670
7.1.2	Trading expense	-	-
7.1.3	Losses from foreign currency exchange translation and valuation	-	-
7.1.4	Fees and commission expense	-	-
7.1.5	Other operating expense	77,956,615	84,425,255
7.2	Other expense	12,630,524	12,630,524
8	Profit before tax	51,179,196	62,738,857
9	Income tax expense	1,109,886	1,263,569
10	Profit after tax	50,069,310	61,475,288
11	Other comprehensive income	-	-
12	Total comprehensive income for the year	50,069,310	61,475,288

Off-balance items	MNT'000
Contingencies and commitments (net)	688,958,438

Ratios	Limit	Bank	Group
Tier 1 Capital Adequacy Ratio	>9%	11.95%	12.31%
Capital Adequacy Ratio	>14%	16.29%	16.67%
Liquidity ratio	>25%	44.00%	44.00%
Foreign currency exposure ratio (single currency)	< ± 15%	VaR	VaR
Foreign currency exposure ratio (total)	< ± 40%	VaR	VaR

Consolidated MNT'000

Assets	31 Dec 2014
Cash and due from banks	1,054,739,557
Investment securities	923,263,021
Loans and advances (net)	2,777,188,433
Bills purchased under resale agreements	-
Subordinated loans	4,000,000
Property and equipment (net)	331,731,268
Intangible assets (net)	4,542,466
Foreclosed real properties (net)	1,020,454
Other assets	316,695,117
Total assets	5,413,180,316
Liabilities
Deposits from customers	2,533,607,001
Deposits and placements from banks and other financial institutions	120,007,336
Borrowings	1,107,328,964
Current tax liabilities	361,331
Debt securities issued	741,354,845
Other liabilities	279,151,158
Subordinated debt securities issued	75,351,569
Total liabilities	4,857,162,204
Equity
Share capital	16,525,280
Share premium	19,272,456
Treasury shares	(2,620,626)
Revaluation reserves	126,158,286
Retained earnings	395,019,832
Total equity attributable to equity holders of the Bank	554,355,228
Non-controlling interests	1,662,884
Total equity	556,018,112

Total liabilities and equity	5,413,180,316

Income Statements
Interest income	444,673,852
Interest expense	(296,489,329)
Net interest income	148,184,523
Net fee and commission income	27,364,138
Other operating income (net)	31,968,407
Net non-interest income	59,332,545
Operating income	207,517,068
Operating expense	(68,785,944)
Provision for impairment losses	(44,749,513)
Profit before tax	93,981,611

Prudential Ratios
Tier 1 Capital Adequacy Ratio >9%	13.00%
Capital Adequacy Ratio >14%	19.17%
Liquidity Ratio >25%	41.30%
Loan and guarantee issued to single borrower <20%	16.26%
Loan and guarantee issued to single related party <5%	1.75%
Total loans and guarantees issued to related parties <20%	3.17%

Unconsolidated MNT'000

Assets	30 Sep 2014
Cash and due from banks	927,728,921
Investment securities	989,792,972
Loans and advances (net)	2,986,419,896
Bills purchased under resale agreements	-
Subordinated loans	4,000,000
Property and equipment (net)	189,544,785
Intangible assets (net)	764,214
Foreclosed real properties (net)	6,402,132
Other assets	118,767,862
Total assets	5,223,420,781
Liabilities
Deposits from customers	2,535,563,079
Deposits and placements from banks and other financial institutions	151,851,467
Borrowings	1,213,927,572
Current tax liabilities	475,005
Debt securities issued	722,907,797
Other liabilities	81,406,864
Subordinated debt securities issued	73,531,995
Total liabilities	4,779,663,777
Equity
Share capital	16,525,280
Share premium	19,272,456
Treasury shares	(2,620,626)
Revaluation reserves	39,852,726
Retained earnings	370,727,168
Total equity attributable to equity holders of the Bank
Non-controlling interests
Total equity	443,757,004

Total liabilities and equity	5,223,420,781

Income Statements
Interest income	329,507,493
Interest expense	(214,965,172)
Net interest income	114,542,321
Net fee and commission income	22,396,176
Other operating income (net)	(9,802,384)
Net non-interest income	12,593,792
Operating income	127,136,112
Operating expense	(47,800,915)
Provision for impairment losses	(3,192,090)
Profit before tax	76,143,107

Prudential Ratios
Tier 1 Capital Adequacy Ratio >9%	11.96%
Capital Adequacy Ratio >14%	15.31%
Liquidity Ratio >25%	37.68%
VAR	0.68%
Loan and guarantee issued to single borrower <20%	19.32%
Loan and guarantee issued to single related party <5%	2.08%
Total loans and guarantees issued to related parties <20%	3.90%

Unconsolidated MNT'000

Assets	30 Jun 2014
Cash and due from banks	675,648,050
Investment securities	1,005,490,023
Loans and advances (net)	2,907,544,765
Bills purchased under resale agreements	-
Subordinated loans	7,000,000
Property and equipment (net)	189,359,663
Intangible assets (net)	866,431
Foreclosed real properties (net)	6,368,332
Other assets	103,440,148
Total assets	4,895,717,412
Liabilities
Deposits from customers	2,394,661,198
Deposits and placements from banks and other financial institutions	88,878,460
Borrowings	1,102,130,378
Current tax liabilities	1,082,080
Debt securities issued	711,788,692
Other liabilities	111,615,547
Subordinated debt securities issued	72,926,684
Total liabilities	4,483,083,039
Equity
Share capital	16,525,280
Share premium	19,272,456
Treasury shares	(2,620,626)
Revaluation reserves	31,179,041
Retained earnings	348,278,222
Total equity attributable to equity holders of the Bank
Non-controlling interests
Total equity	412,634,373

Total liabilities and equity	4,895,717,412

Income Statements
Interest income	212,944,644
Interest expense	(137,978,185)
Net interest income	74,966,459
Net fee and commission income	14,273,656
Other operating income (net)	(5,348,814)
Net non-interest income	8,924,842
Operating income	83,891,302
Operating expense	(28,248,005)
Provision for impairment losses	(1,925,887)
Profit before tax	53,717,410

Prudential Ratios
Tier 1 Capital Adequacy Ratio >9%	11.62%
Capital Adequacy Ratio >14%	14.78%
Liquidity Ratio >25%	35.07%
VAR	1.99%
Loan and guarantee issued to single borrower <20%	18.50%
Loan and guarantee issued to single related party <5%	1.88%
Total loans and guarantees issued to related parties <20%	3.69%

Unconsolidated MNT'000

Assets	31 Mar 2014
Cash and due from banks	1,069,492,616
Investment securities	893,294,234
Loans and advances (net)	2,603,277,000
Bills purchased under resale agreements	-
Subordinated loans	7,000,000
Property and equipment (net)	184,413,589
Intangible assets (net)	980,872
Foreclosed real properties (net)	6,193,536
Other assets	99,611,072
Total assets	4,864,262,919
Liabilities
Deposits from customers	2,482,586,955
Deposits and placements from banks and other financial institutions	82,214,254
Borrowings	1,057,670,069
Current tax liabilities	2,385,482
Debt securities issued	694,209,334
Other liabilities	75,806,317
Subordinated debt securities issued	71,180,235
Total liabilities	4,466,052,647
Equity
Share capital	16,525,280
Share premium	19,272,456
Treasury shares	(2,620,626)
Revaluation reserves	43,711,535
Retained earnings	321,321,627
Total equity attributable to equity holders of the Bank
Non-controlling interests
Total equity	398,210,272

Total liabilities and equity	4,864,262,919

Income Statements
Interest income	102,099,255
Interest expense	(67,102,787)
Net interest income	34,996,468
Net fee and commission income	6,308,962
Other operating income (net)	(5,575,357)
Net non-interest income	733,605
Operating income	35,730,073
Operating expense	(12,226,858)
Provision for impairment losses	588,077
Profit before tax	24,091,292

Prudential Ratios
Tier 1 Capital Adequacy Ratio >9%	11.77%
Capital Adequacy Ratio >14%	15.58%
Liquidity Ratio >25%	41.87%
VAR	4.25%
Loan and guarantee issued to single borrower <20%	18.41%
Loan and guarantee issued to single related party <5%	1.90%
Total loans and guarantees issued to related parties <20%	3.46%