Banca Transilvania S.A.

INTERIM CONDENSED CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS

As at September 30, 2021

Banca Transilvania S.A.

CONTENTS

Interim Consolidated and Separate Statement of Profit or Loss

Interim Consolidated and Separate Statement of Other Comprehensive Income

Interim Consolidated and Separate Statement of Financial Position

Interim Consolidated and Separate Statement of Changes in Equity

Interim Consolidated and Separate Statement of Cash Flows

Notes to the Interim Condensed Consolidated and Separate Financial Statements

1

2

3-4

5-8

9-10

11-54

Banca Transilvania S.A.

Interim Consolidated and Separate Statement of Profit or Loss

Group

Bank

RON thousand

Note

3 months

9 months

3 months

9 months

3 months

9 months

3 months

9 months

ended

ended

ended

ended

ended

ended

ended

ended

September

September

September

September

September

September

September

September

30, 2021

30, 2021

30, 2020

30, 2020

30, 2021

30, 2021

30, 2020

30, 2020

Interest income calculated using the effective

interest method

835,301

2,590,208

855,415

2,617,177

755,538

2,369,357

781,593

2,403,549

Other interest like income

31,494

88,309

28,715

80,813

3,424

8,188

3,378

8,477

Interest expense calculated using the effective

interest method

(128,275)

(410,333)

(161,712)

(521,807)

(116,984)

(375,239)

(149,143)

(480,545)

Other interest like expense

(324)

(973)

(309)

(1,038)

(1,661)

(5,012)

(264)

(888)

Net interest income

5

738,196

2,267,211

722,109

2,175,145

640,317

1,997,294

635,564

1,930,593

Fee and commission income

376,545

1,030,694

303,271

828,715

324,359

887,132

260,058

712,375

Fee and commission expense

(122,111)

(329,272)

(95,007)

(268,623)

(106,909)

(287,514)

(82,645)

(235,212)

Net fee and commission income

6

254,434

701,422

208,264

560,092

217,450

599,618

177,413

477,163

Net trading income

7

125,972

387,592

100,310

227,949

109,049

312,872

76,974

215,694

Net gain from financial assets measured at fair

value through other items of comprehensive

income

8

45,033

174,383

93,851

231,188

46,944

174,333

93,844

231,168

Net gain from financial assets which are required

to be measured at fair value through profit and

loss

9

3,012

57,691

15,099

49,694

12,065

105,205

22,566

24,014

Contribution to the Bank Deposit Guarantee Fund

and to the Resolution Fund

10

(695)

(89,071)

(651)

(73,402)

-

(82,022)

-

(69,795)

Other operating income

11

42,279

119,014

22,592

86,802

36,010

124,441

21,372

77,061

Operating income

1,208,231

3,618,242

1,161,574

3,257,468

1,061,835

3,231,741

1,027,733

2,885,898

1

Banca Transilvania S.A.

Interim Consolidated and Separate Statement of Profit or Loss (continued)

Group

Bank

RON thousand

Note

3 months

9 months

3 months

9 months

3 months

9 months

3 months

9 months

ended

ended

ended

ended

ended

ended

ended

ended

September

September

September

September

September

September

September

September

30, 2021

30, 2021

30, 2020

30, 2020

30, 2021

30, 2021

30, 2020

30, 2020

Expenses (-) from impairment allowance,

expected losses on assets, provisions for other

risks and loan commitments

12

145,814

32,763

(258,278)

(557,538)

129,321

8,649

(269,072)

(542,128)

Personnel expenses

13

(312,221)

(962,936)

(251,915)

(797,418)

(274,304)

(854,866)

(218,900)

(701,350)

Depreciation and amortization

(88,665)

(266,700)

(82,307)

(241,091)

(84,584)

(258,399)

(76,147)

(222,943)

Other operating expenses

14

(183,346)

(487,274)

(153,472)

(450,536)

(154,344)

(413,065)

(126,294)

(381,601)

Operating expenses

(438,418)

(1,684,147)

(745,972)

(2,046,583)

(383,911)

(1,517,681)

(690,413)

(1,848,022)

Profit before income tax

769,813

1,934,095

415,602

1,210,885

677,924

1,714,060

337,320

1,037,876

Income tax expense (-)

15

(116,699)

(265,489)

(48,901)

(154,121)

(105,248)

(240,349)

(43,246)

(136,389)

Net profit for the year

653,114

1,668,606

366,701

1,056,764

572,676

1,473,711

294,074

901,487

Net Profit of the Group attributable to:

Equity holders of the Bank

633,379

1,634,597

351,529

1,021,767

572,676

1,473,711

294,074

901,487

Non-controlling interests

19,735

34,009

15,172

34,997

-

-

-

-

Net profit for the year

653,114

1,668,606

366,701

1,056,764

572,676

1,473,711

294,074

901,487

2

Banca Transilvania S.A.

Interim Consolidated and Separate Statement of Other Comprehensive Income

Group

Bank

RON thousand

Note

3 months

9 months

3 months

9 months

3 months

9 months

3 months

9 months

ended

ended

ended

ended

ended

ended

ended

ended

September

September

September

September

September

September

September

September

30, 2021

30, 2021

30, 2020

30, 2020

30, 2021

30, 2021

30, 2020

30, 2020

Net Profit for the period

653,114

1,668,606

366,701

1,056,764

572,676

1,473,711

294,074

901,487

Items that will not be reclassified as profit or

loss, net of tax

-

(819)

-

(23)

-

(814)

-

(23)

Other elements of comprehensive income

-

(819)

-

(23)

-

(814)

-

(23)

Items which are or may be reclassified to

profit or loss

(526,548)

(719,815)

188,734

136,847

(542,923)

(741,147)

195,392

142,281

Fair value reserve (financial assets measured

at vair value through other items of

comprehensive income), of which:

(646,366)

(879,633)

232,801

169,825

(646,209)

(882,136)

232,756

169,788

Net gain / loss (-) from disposal of financial assets

measured at fair value through other items of

comprehensive income, transferred to profit and

loss account

(45,033)

(174,383)

(93,851)

(231,188)

(46,944)

(174,333)

(93,844)

(231,168)

Fair value changes of financial assets measured at

fair value through other items of comprehensive

income

(601,333)

(705,250)

326,652

401,013

(599,265)

(707,803)

326,600

400,956

Translation of financial information of

foreign operations to presentation currency

19,500

22,340

(8,172)

(7,167)

(149)

(549)

(200)

(658)

Income tax on items which are or may be

reclassified to profit or loss

100,318

137,478

(35,895)

(25,811)

103,436

141,538

(37,164)

(26,849)

Total comprehensive income for the period

126,566

947,972

555,435

1,193,588

29,754

731,750

489,466

1,043,745

Total comprehensive income attributable to:

Equity holders of the Bank

106,831

913,963

540,263

1,158,591

29,754

731,750

489,466

1,043,745

Non-controlling interest

19,735

34,009

15,172

34,997

-

-

-

-

Total comprehensive income for the period

126,566

947,972

555,435

1,193,588

29,754

731,750

489,466

1,043,745

Basic earnings per share

0.1006

0.2594

0.0557

0.1623

-

-

-

-

Diluted earnings per share

0.1006

0.2594

0.0557

0.1622

-

-

-

-

The financial statements were approved by the Board of Directors on November 11, 2021 and were signed on its behalf by:

Ӧmer TETIK

George CĂLINESCU

Chief Executive Officer

Deputy Chief Executive Officer

3

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Banca Transilvania SA published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 07:16:04 UTC.