| Cash flows from operating activities before changes in operating assets and liabilities |
|
|
|
| Interest received |
|
2,220.3 |
1,809.4 |
| Interest paid |
|
(1,105.3) |
(675.1) |
| Expenses paid directly attributable to deposit insurance |
|
(36.3) |
(31.9) |
| Fees and commissions received |
|
379.8 |
305.1 |
| Fees and commissions paid |
|
(63.6) |
(44.6) |
| Net losses incurred on trading securities |
|
(3.1) |
(1.3) |
| Dividends received |
|
1.6 |
2.0 |
| Net (losses incurred) / gains received on securities designated as at fair value through profit or loss |
|
(1.5) |
1.0 |
| Net losses incurred from trading in foreign currencies and from operations with foreign currency derivatives |
|
(25.1) |
(147.4) |
| Net (losses incurred) / gains received from operations with other derivatives |
|
(1.2) |
20.0 |
| Net losses incurred from operations with precious metals and precious metals derivatives |
|
(2.9) |
(26.2) |
| Revenue received from non-banking business activities |
|
26.7 |
26.3 |
| Expenses paid on non-banking business activities |
|
(25.0) |
(25.5) |
| Insurance premiums received |
|
61.0 |
57.9 |
| Payments on insurance operations |
|
(1.3) |
(0.2) |
| Payments on pension insurance agreements received |
|
162.3 |
2.4 |
| Payments on pension fund operations |
|
(8.0) |
(0.3) |
| Other operating income received |
|
13.4 |
10.1 |
| Operating expenses paid |
|
(550.6) |
(465.7) |
| Income tax paid |
|
(1.5) |
(88.4) |
| Cash flows from operating activities before changes in operating assets and liabilities |
|
1,039.7 |
727.6 |
| Changes in operating assets and liabilities |
|
|
|
| Net increase in mandatory cash balances with central banks |
|
(18.6) |
(34.9) |
| Net (increase) / decrease in financial assets at fair value through profit or loss |
|
(164.5) |
56.2 |
| Net (increase) / decrease in due from banks |
|
(471.2) |
173.2 |
| Net increase in loans and advances to customers |
|
(157.5) |
(2,615.5) |
| Net increase in other assets |
|
(117.2) |
(175.9) |
| Net (decrease) / increase in due to banks |
|
(2,624.3) |
1,156.6 |
| Net increase / (decrease) in due to individuals |
|
2,127.6 |
(96.0) |
| Net increase in due to corporate customers |
|
655.4 |
1,569.4 |
| Net increase in debt securities in issue |
|
106.5 |
20.9 |
| Net increase in financial liabilities at fair value through profit or loss except for debt securities in issue |
|
7.6 |
0.2 |
| Net increase in other liabilities |
|
57.9 |
50.1 |
| Net cash from operating activities |
|
441.4 |
831.9 |
| Cash flows from investing activities |
|
|
|
| Purchase of investment securities available-for-sale |
|
(850.9) |
(717.9) |
| Proceeds from disposal and redemption of investment securities available-for-sale |
|
742.4 |
682.7 |
| Purchase of investment securities held-to-maturity |
|
(122.2) |
(6.3) |
| Proceeds from redemption of investment securities held-to-maturity |
|
58.3 |
81.0 |
| Acquisition of premises and equipment and intangible assets |
|
(74.3) |
(127.0) |
| Proceeds from disposal of premises and equipment and intangible assets including insurance payments |
|
9.9 |
13.7 |
| Acquisition of investment property |
|
(0.6) |
(0.3) |
| Proceeds from disposal of investment property |
|
0.3 |
1.5 |
| Acquisition of associates |
|
(1.2) |
— |
| Acquisition of subsidiaries net of cash acquired |
|
— |
9.6 |
| Proceeds from disposal of subsidiaries net of cash disposed |
|
0.7 |
1.4 |
| Net cash used in investing activities |
|
(237.6) |
(61.6) |
| Cash flows from financing activities |
|
|
|
| Other borrowed funds received |
|
151.9 |
182.4 |
| Redemption of other borrowed funds |
|
(377.2) |
(388.5) |
| Repayment of interest on other borrowed funds |
|
(10.6) |
(13.7) |
| Funds received from subordinated debt issued or reissued |
|
0.6 |
238.9 |
| Redemption of subordinated debt |
|
(27.4) |
— |
| Repayment of interest on subordinated debt |
|
(47.2) |
(34.5) |
| Funds received from loan participation notes issued or reissued / other bonds issued |
|
12.2 |
106.8 |
| Redemption of loan participation notes / other bonds issued |
|
(166.7) |
(36.9) |
| Repayment of interest on loan participation notes / other bonds issued |
|
(38.2) |
(23.8) |
| Purchase of treasury shares |
|
(6.5) |
(34.5) |
| Proceeds from disposal of treasury shares |
|
7.8 |
34.9 |
| Dividends paid |
32 |
(10.3) |
(72.0) |
| Net cash used in financing activities |
|
(511.6) |
(40.9) |
| Effect of exchange rate changes on cash and cash equivalents |
|
333.1 |
254.0 |
| Effect of hyperinflation on cash and cash equivalents |
|
— |
1.5 |
| Net increase in cash and cash equivalents |
|
25.3 |
984.9 |
| Cash and cash equivalents as at the beginning of the year |
|
2,308.8 |
1,327.0 |
| Net effect of changes in cash and cash equivalents included in disposal group |
|
(0.5) |
(3.1) |
| Cash and cash equivalents as at the end of the year |
7 |
2,333.6 |
2,308.8 |
