1. Homepage
  2. Equities
  3. Greece
  4. Athens Stock Exchange
  5. ATTA BANK
  6. News
  7. Summary
    TATT   GRS001003029

ATTA BANK

(TATT)
Delayed Athens Stock Exchange  -  10/05 10:15:38 am EDT
4.080 EUR   -0.97%
05/03TRANSCRIPT : Attica Bank S.A., 2021 Earnings Call, May 03, 2022
CI
05/03Attica Bank S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
CI
03/24ATTICA BANK S A : Reconstitution of the Board of Directors - Amendment of representation powers - Recomposition of the BoD Committees
PU
SummaryQuotesChartsNewsRatingsCalendarCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Attica Bank S A : 30/09/2021 Interim Consolidated Financial Statements

01/18/2022 | 05:55am EDT

CONDENSED INTERIM

CONSOLIDATED FINANCIAL

INFORMATION

FOR THE PERIOD ENDED

30 September 2021

In accordance with International Accounting Standard 34

(as adopted by the E.U.)

The Condensed Interim Consolidated Financial Information for the nine month period of 2021, as well as the notes attached, have been approved by the Board of Directors at the meeting held on 28 December 2021 and have been posted on the Bank's website.

Athens, 28 December 2021

THE CHAIRMAN OF

THE CHIEF

THE C.F.O.

THE DIRECTOR OF

THE BOARD OF

EXECUTIVE OFFICER

FINANCIAL

DIRECTORS

MANAGEMENT

KONSTANTINOS G.

THEODOROS N.

NIKOLAOS L.

EVAGGELOS G.

MAKEDOS

PANTALAKIS

KOUTSOGIANNIS

RIZOS

ID No. AZ 148332

ID No. ΑΕ 119288

ID No. ΑΕ 241810

ID No. Ξ 989060

TABLE OF CONTENTS OF CONDENSED INTERIM CONSOLIDATED FINANCIAL

INFORMATION

Note

Page

Interim consolidated income statement.....................................................................................................................................

4

Interim consolidated statement of comprehensive income ......................................................................................................

5

Interim consolidated statement of financial position ................................................................................................................

6

Interim consolidated statement of changes in equity ................................................................................................................

7

Interim consolidated statement of cash flows............................................................................................................................

9

1. General Information ..............................................................................................................................................................

10

2. Basis of Preparation ...............................................................................................................................................................

11

(2.1) Statement of preparation.........................................................................................................................................................

11

(2.2) Going concern..........................................................................................................................................................................

11

(2.3) Accounting policies applicable from 01.01.2021 ....................................................................................................................

16

(2.4) Accounting Estimates..............................................................................................................................................................

17

3. Principal accounting policies ................................................................................................................................................

18

4. Fair value of financial instruments.......................................................................................................................................

18

5. Capital adequacy....................................................................................................................................................................

21

6. Operating segments...............................................................................................................................................................

22

7. Net interest income ...............................................................................................................................................................

23

8. Net commission income........................................................................................................................................................

23

9. Operating expenses ...............................................................................................................................................................

24

10. Profit / (loss) from investment portfolio ............................................................................................................................

25

11. Taxes .....................................................................................................................................................................................

26

12. Earnings / (Losses) per share - basic and diluted .............................................................................................................

33

13. Investment securities...........................................................................................................................................................

33

14. Loans and advances to customers at amortized cost .........................................................................................................

36

15. Subsidiaries of the Group ...................................................................................................................................................

40

16. Investment in associates and joint ventures.......................................................................................................................

41

17. Assets held for sale ...............................................................................................................................................................

42

18. Intangible assets ..................................................................................................................................................................

42

19. Tangible assets .....................................................................................................................................................................

42

20. Due to financial institutions ...............................................................................................................................................

43

21. Due to customers .................................................................................................................................................................

43

22. Debt securities in issue........................................................................................................................................................

44

23. Equity...................................................................................................................................................................................

45

24. Related party transactions ..................................................................................................................................................

47

25. Contingent liabilities and commitments ............................................................................................................................

48

25.1 Off balance sheet liabilities and pledged assets ......................................................................................................................

48

25.2 Tax liabilities ...........................................................................................................................................................................

49

25.3 Legal cases ...............................................................................................................................................................................

49

25.4 Other provisions ......................................................................................................................................................................

49

25.5 Law 3554/16 April 2007 "Income policy period 2007, tax and other statutes" ....................................................................

50

26. Events after 30 September 2021.........................................................................................................................................

52

Condensed Interim Consolidated Financial Information for the period ended on 30th September 2021

Interim consolidated income statement

Group

From 1st January to

From 1st July to

(Amounts in thousand €)

Note

30.09.2021

30.09.2020

30.09.2021

30.09.2020

Interest and similar income

60,156

68,885

14,750

24,318

Less: Interest expense and similar expenses

(24,761)

(30,620)

(8,139)

(9,681)

Net interest income

7

35,395

38,265

6,611

14,637

Fee and commission income

11,420

9,088

4,784

3,615

Less: Fee and commission expense

(7,718)

(6,648)

(3,090)

(2,504)

Net fee and commission income

8

3,701

2,439

1,693

1,112

Profit / (loss) from financial transactions

(1,520)

1,852

(230)

419

Profit / (loss) from investment portfolio

10

(1,063)

10,774

3,757

4,085

Other income / (expenses)

2,247

1,888

578

649

Operating income

38,762

55,218

12,410

20,900

Personnel expenses

9

(25,229)

(26,019)

(7,846)

(8,461)

General operating expenses

9

(15,013)

(13,183)

(6,073)

(5,140)

Depreciation expense

9

(10,616)

(9,889)

(3,583)

(3,489)

Total operating expenses

(50,858)

(49,092)

(17,503)

(17,090)

Profit / (Loss) before tax and provisions

(12,096)

6,127

(5,092)

3,811

Provisions for expected credit losses and other impairment

14

(7,572)

(37,896)

(2,169)

(10,060)

Impairment charge for other assets

9

(250)

(1,258)

0

2

Staff leaving expense

9

(212)

(1,172)

(4)

0

Results from investments in associates

319

420

0

3

Profit / (loss) before income tax

(19,811)

(33,779)

(7,265)

(6,245)

Less: income tax

11

(7,052)

(1,884)

(102)

128

Profit / (loss) for the period

(26,863)

(35,664)

(7,367)

(6,116)

Attributable to:

Equity owners of the Bank

(26,863)

(35,664)

(7,367)

(6,116)

Basic and diluted earnings / (losses) per share (in €)

12

(0.0591)

(0.0773)

(0.0164)

(0.0133)

The attached Notes (pages 10 to 52) form an integral part of the Condensed Interim Consolidated Financial Information of 30 September 2021

4

Condensed Interim Consolidated Financial Information for the period ended on 30th September 2021

Interim consolidated statement of comprehensive income

Group

From 1st January to

From 1st July to

(Amounts in thousand €)

30.09.2021

30.09.2020

30.09.2021

30.09.2020

Profit / (Loss) for the period after income tax

recognized in the Income Statement

(26,863)

(35,664)

(7,367)

(6,116)

Amounts that may be reclassified in the income

statement

Financial assets at Fair Value through Other

Comprehensive Income (FVOCI)

Change in fair value (before tax)

(177)

(2,719)

1,442

(3,630)

Transfer to Income Statement (before Tax)

2,040

(3,167)

0

(27)

Income Tax

(540)

1,707

(418)

1,060

Amounts that will not be reclassified in the Income

Statement

Actuarial gains / (losses) on defined benefit obligations

61

(347)

0

0

Income Tax

(18)

101

0

0

Total other comprehensive income / (expenses)

recognized directly in equity, after income tax

1,366

(4,426)

1,024

(2,596)

Total comprehensive income / (expenses), after income

tax

(25,497)

(40,089)

(6,343)

(8,713)

Attributable to:

Equity owners of the Bank

(25,497)

(40,089)

(6,343)

(8,713)

The attached Notes (pages 10 to 52) form an integral part of the Condensed Interim Consolidated Financial Information of 30 September 2021

5

Disclaimer

Attica Bank SA published this content on 17 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 10:54:04 UTC.


ę Publicnow 2022
All news about ATTA BANK
05/03TRANSCRIPT : Attica Bank S.A., 2021 Earnings Call, May 03, 2022
CI
05/03Attica Bank S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
CI
03/24ATTICA BANK S A : Reconstitution of the Board of Directors - Amendment of representation p..
PU
03/01ATTICA BANK S A : Announcement 1233/2022 (no English translation available)
PU
02/08ATTICA BANK S A : Reconstitution of the Board of Directors - Amendment of representation p..
PU
02/08ATTICA BANK S A : - Announcement_BoD Resolutions
PU
01/18ATTICA BANK S A : 30/09/2021 Interim Consolidated Financial Statements
PU
2021ATTICA BANK S.A.(ATSE : TATT) dropped from ATHEX Composite Index
CI
2021ATTICA BANK S A : 2021 Q3 Attica Bank Corporate Presentation
PU
2021ATTICA BANK S A : Q3 2021 group financial results
PU
More news
Chart ATTA BANK
Duration : Period :
ATTA BANK Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
Theodoros Nikolaou Pantalakis Chief Executive Officer & Executive Director
Nikolaos Koutsogiannis Chief Financial Officer
Konstantinos Sotiris Mitropoulos Chairman
Dimitrios Georgiou Tzanninis Independent Non-Executive Director
Stavros Georgiou Papagiannopoulos Independent Non-Executive Director
Sector and Competitors