3-0fgo1q.
Bank:
Date:
bo5;nU
gn5o6Ll6o 3q6-0r63obnL 6r0fuo63rq-6oU
qo5o6'n
$3Untl
"VTB Bank (Georgia)", JSC
Table N1
31/03/10
Lari
Balance Sheet
Previous Period
Financial Period
Foreign currency
Larl
ASSETS
N
Total
Foreign currency
Larl
Total
Cash
I r, 1 69,045
8.759,347
t9,928,392
8,680;72
8,516,922
t7,19'1,294
2
Due from NBG
32.206.338
6"324,829
38.53 1.167
r0,849,065
5"933,318
16.782.383
3
Due from Banks
1 ?Rl r55
27.630.624
1,013,879
577,668
40.092.484
40,6',10,152
0
0
0
0
0
0
t3922,678
0
13p22,678
0
0
62.070.426
272"374,986
Dealinq Securities
lnvestment Securities
5
3
6.1
Loans
46,721 ,77 5
247,552,195
294,274,570
62
Less: Loan Loss Reserves
(2,829"149
(30,302,019
33.131,I68
Net Loans
o
E
Other Real Estate Owned & Repossessed Assets
9
EquitV Investments
6,641 ,976
2r7,2s0,776
261,t43,402
56.81 5.688
3,202,869
3.82 r ,03 6
699,750
5.942.226
t0,262,s31
r.077.659
t0,262,531
21
0
,255,234
I5
t12.496
3t7,996
)1 )<a )14
31.020,272
X
59,578
1.077.659
3r7,996
0
X
31.020,272
7t6.931
8,903,1 97
7.446.082
1,605,709
9.051,791
263,885,3 76
4r4.894,012
tt7,484,551
306.560,805
424,045,357
l, I 12,283
62.298'220
2,622,533
88.792.396
9t,4r4,929
70,496,r34
r39,048924
39.878.5 I 5
42,260,085
82.1 38,600
7.5 16,88s
r6,595,026
6,82t,407
4.62s.848
tt,447,255
56,78 1,139
60,131,t90
3,102,643
l
69,120,954
0
0
0
0
0
'72,700,565
72,700,56s
783,r29
3.528,597
4.3t1,726
2.668.r42
733,121
3,401,261
0
20.992.800
20p92,800
8. l
TOTAL ASSETS
(3 3,1
301,285,834
61&,r67
Other Assets
ll
Q7.904.840',
43,&92,626
112.496
Fixed Assets and Intangible Assets
l0
(s,2s4;138)
244,470,t46
Accrued Interest and Dividends Receivable
7
334,445,412
86,266
1,008,637
LIABILITIES
13
Due to Banks
1,1
Current (Accounts) DePosits
l5
Demand Deposits
9,078,141
l6
Time Deposits
3.350,05
t'7
Own Debt Securities
Borrowinqs
18
l9
Accrued Interest and Dividends Payable
20
Other Liabilities
21
Subordinated Debentures
22
Total Liabilities
SHAREHOLDERS' EQUITY
23
Common Stock
24
Preferred Stock
Less: Repurchased Shares
Share Premium
26
"r6s,93'1
68.s52.790
r
85.598. r90
6
293,881,524
t04,542,701
0
X
0
x
0
0
0
108,662,9 I 6
r08.662.916
53 8,025
3.483.025
4,021,0s0
2,780,274
4,446.878
7.22'.7.152
0
20.040.000
20.040,000
338,329,460
394.072.8s7
379.479;714
55,7 43,397
t04,542,701
86.355,70
t
0
0
0
0
0
0
27
General Reserves
0
0
28
Retained Earninqs
('10,908,712
(70,908,'.712
(62,044,268
29
Asset Revaluation Reserves
1.780.309
1.780,309
5,661 ,067
35.414,298
35,414,298
29.972,500
414,894,012
85.7 I 5.897
3l
i
Total Shareholders' EquitY
TOTAL LIABILITIES AND SHAREHOLDERS' EQUIT'
recto r
Chief Accountant
t21,012,4&8
293,881,s24
66,01 8,3 I
0
0
30
D
|
86,355,701
I
0
0
X
0
(62.044,268)
5,661,06'l
29.972,s00
338,329,460
M. Menteshashvili
M. Jijavadze
0
424,045,3s7
Bank
Daie:
VTB Bank (Georgia)
JSC
,
Table N2
31-Mar10
Lan
lncome Statement
Previous Period
Financlal Period
Total
Laa
N
rorergn
Lan
Tolal
lnterest Income
lnterest Income from Bank's "Nostro" and Deposit Accounts
lnterest lncome from Loans
!
2.1
from the lnterbank Loans
)1
from the Retail or Seryice Sector Loans
73
from the Energy Sector Loans
24
from the Agriculture and Forestry Sector Loam
2.5
from the Construction Sector Loans
from the Mininq and Mineral Processing Sector Loans
2.1
from the Transportation or Communications Sector
2.8
from Individuals Loans
Lom
t3 478
12.881
2.644.380
t1.234.495
Other Interest Income
651
72.9t'7
3-84r.737
10.338.189
14.'t'79.926
3t I.576
698.834
0
t.611.292
0
0
0
0
2419991
2188.540
t1.125
842.366
854.091
0
t,010,410
1-671-292
\04.293
4.581
88.124
92.705
48.789
1) )44
1,126,065
3.198.309
1t7.263
t.40't.2s2
1,524,516
1.948
t76-327
t8.624
(t17,663
(99-039'
4 l'79
11
153-082
5.708
49.451
4,610
9.240
13.910
2.067.859
1.959.204
4,O2't,063
2.9'78-650
2.744.362
5.723_0t2
2.686.683
t62,165
I
4.182_744
5s.158
ll9
2.5'7'7.344
90.709
0
0
t.l l9
2.'748.567
Total Interest Income
3 878 875
t68.54'7
109
from Other Sectors Loans
lnterest and Discount Income from Securities
7l
t.266
26.359
I
820 579
90.109
0
0
0
19
0
58 120
58.120
11.248.495
13.997.062
3.843.003
10-467-960
14.3 10.963
2 330.662
2-433_419
2 835-739
1.1
lnterest ExDense
1-609.004
lnterest Paid on Demand DePosits
106.564
lnterest Paid on Time Deposits
5.476
lnterest Paid on Banks DePosits
2.4t2,425
422.744
1.665.576
102,758
1.936.638
t.942,114
73.409
2.762.330
0
0
0
0
6.375
2;739.644
2146 0t9
0
lnterest Paid on Own Debt Securities
Interest Paid on Other Borrowings
10
Other Interest Expenses
fotal lnterest ExPense
tz
I.963.852
0
Nel lnterest Income
697,492
803.421
r 559 0t2
1.963.852
1.930
9.989
11.919
607.2t6
8-tl'7.3'72
8,724,588
6.005.559
3.215.787
2 J50.588
5.586.375
7.536
7.t95
341
1 728 239
6.263.264
7.991.503
't-020328
4.985,21
Nonlnterest Income
5I5.780
260.080
775 860
35?.410
123.141
681
Fee and Commission Income
652.945
4t5.751
I.068.696
460.893
460.811
92t-704
Fee and Commission Expense
137.068
240 551
Net Fee and commission Income
l4.l
li
t37.165
r55.671
292,836
103.483
Dividend Income
0
0
0
42.l lJ
Gain (Loss) from Dealing Securities
0
0
0
0
0
l8
0
0
Gain (Loss) from Foreign Exchange Trading
877.856
723.0t'l
0
Gain (Loss) from Foretgn Exchange Translation
00.129
0
(r0.t29
7.536
0
7.536
22.891
0
22.891
I
116
0
3_336
0
0
0
0
l9l-962
I 10.463
Non-lnterest Expenses from other Banking Operations
25
Bank Development, Consultation and Marketing
26
Personnel Expenses
Expens
29
Other Non-lnterest Expenses
Total Nonlnlerest ExPenses
ll
Net NonJnterest
32
l
Income
Net Income before
'-
Provisim
Provision for Possible Loan Losses
l4
irovision for Possible Losses on Investments and Securities
t5
Provision for Possible Losses on Other Assets
l6
Total Provisions for
PgEtlg 199:9"
Net lncome before Taxes and Extraordinary ltems
31
l8
t9
Taxation
,lel Income afler Taxation
Extraordinary ltems
{et lncome
Director
Chief Accountant
1.327.574
434.206
l-761.780
I 13.649
0
I I 1,649
146.408
0
146-408
440.086
26.99t
655.842
467.077
0
69.239
Depreciation Expense
t0
2,694,044
3.791,101
Operatinq Costs of Fixed Assets
2E
304,425
1.027.566
683.703
2.010.341
zl
0
'123.Ot1
423.623
603.943
Other Non-lnterest Income
Tolal Non-lnlerest Income
Non-lnlerest Expenses
23
0
0
0
Non-lnterest Income from other BanLlng Operations
2Z
42-313
0
Gain (Loss) on Sales of Fixed Assets
20
53
877 856
Gain (Loss) from Investment Securities
11
1
0
510,945
0
3.793.101
l05,l7l
761-213
4,576,782
0
4.576.782
50.277
0
566,264
0
69 239
540.945
l.t3 1.269
102.366
t,211,635
1.r34.845
91.',t 54
6.088.289
t29.351
6.217.646
7,130,418
203_125
(4-071 -948
554_346
(1,523,602
(5-802.844
23 1.08
(3.057,620
s_539-5"7',7
2.48t,957
2.567.0s7
2.581,669
50 277
566.264
1,2f2,59e
7_333.543
(5.57t-763
3.495.620
x
5,500
0
x
332-566
(l 8,000
14-612
3_495-620
X
212.243
332.566
x
x
s50,109
0
550,109
3.477_620
0
3-47'7-620
(3.607,929
5_539.577
t.911,648
(6.044.6't7
2.581,669
(3.463_008)
t74.904
0
t't4.9u
(2'72,45s
0
1272.455
l
5-539.51'l
1.1 5b,144
(5_772.222'
2.581,669
(3-190-553
2t2.243
5.500
(1,782,8J
0
(3,782,811
0
0
5.539.577
1
56.744
$-772.222
M. Menteshashvili
M. Jijavadze
0
(l 8,000
0
2 581-669
(3.190-553'
Bank:
,,VTB
Bank (Georgia)",
JSC
Date: 31-Mar-10
Off Balance Sheet
go5o6tg6o 3q6.0066-6.11 603$3o63oqo0ou $gldr qoSr6oo
;-366g.1q.6$;oir
Table N3
ltems
Lari
Previous Period
Financial Period
Lari
N
Conditional Obliqations
Total
Foreign currency
Foreign currency
Lari
Total
|
417 ) <4 A5S
829.725.160
695.960.985
l -525.686. I 45
I,r06,91 1,88r
i26,342,574
0
0
0
0
0
0
6"408.84 8
1.815.319
8.224.168
2.183.813
2.037.807
4.22t.620
643. I 99.8s5
Acceotances and Endorsements
1.2
Guarantees Given
1.3
Guarantees Received
641.,284,6'7 |
93,047 ,031
34.331.708
640.312.668
2.887. I 87
t.4
Pledoed Assets Given
0
0
0
0
0
0
1.5
Pledoed Assets Received
82.03 I .641
601"098.629
7$,134,270
464.4r5.400
8.077.580
782"492,980
1.6
Other Continqent Liabilities
I
2
7
3
1
3.340.000
3.340.000
8,004,745
19.662.836
t7.99s,9s1
1q A<4 nA)
0
0
0
0
2,112,038
4,s82,137
6,694,1'75
1,6s8,09t
1
I.658.091
2.1
Fundino Commitments of the Bank
2.112.038
4.5'71.832
6.683.869
2.2
Fundino Commitments of other Parties
0
0
0
0
0
0
2.3
Commitments to Purchase Investment Se
0
0,306
10,306
0
9.1q4
8.794
2.4
Commitments to Sell Investment Securitie
0
0
0
0
0
0
ti
Foreiqn Exchanqe Operations
0
0
0
0
0
0
26
Forward Foreiqn Exchanqe Contracts
0
0
0
0
0
0
2.7
Other Commitments
0
0
0
0
0
0
l9
8,224,168
2,1 83,8 r 3
2.037.807
4.221 .620
Other Liabilities
).2
Clients' Liabllities
3.3
Third Parties' Clients' Liability to the Bank
0
0
0
0
0
6,408,848
1,815,319
8.224.168
2.1 83,8 I 3
2,03 7,807
4.221.620
0
0
0
0
0
0
20;790
206,683
54_599
r80,026
2.079
I 8.329
20,407
4.390
2.518
t48.972
166.557
t7,'796
t42.2t1
0
Items to be Held in SafekeePing
Precious Metals
4.\
t7
Securities
4.2
1.81s.3
6.408.848
Oblioation Of the lssuer (endorse0 to the
1.1
1
sRs
5.3
5.4
60.007
40.508
3.241
9,871
0
0
0
0
Notional Value of Interest Rate Swaps
Forward Contracts on Financial
lnstruments
Futures Contracts on Financial
lnstruments
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Options
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,111
6.1
Notional Value of Swaps
0
6.2
Forward Contracts
0
0
0
0
0
0
6.3
Futures Contracts
0
0
0
0
0
0
0.4
Options
0
0
0
0
0
0
\)1 )44
0
523.521"244
488"178.3 14
0
488,1 78,J 1 4
523.488.943
0
523.488.943
488,1 46,0
3
0
488,146,01 3
'7
Accounting Documents not Paid in due
Time bv Reason of Client
1
Accounting Documents not Paid in due
Time bv Reason of Bank
0
0
0
0
0
0
32.30 I
0
32.301
32,301
0
32.30 t
Written Off Loans
,387,354
2r'7,115
90.492.1t6
97.879,469
1.3
8
8.t
76,865,939
90.392.932
1.886.999
l ,4 r 8,552
3 305-551
5,687,503
t6.9t7.764
io 31.12.20(
0
0
0
Problem Loans Written off up to 01.01.20(
Other Written Off Assets
8.4
8.5
9.1
13.526"993
Unpaid Inierest on Loans up to 31.12.200
Unoaid lnterest on Loans from to 01.01.2(
Probfem Loans Written off up
8.3
9
1
Unissued Capital
'7.2
Other Valuables and Documents
Undistributed value parcels
92
Small value inventorv
9.3
Strict reoortinq forms
94
l0
i
<71
Jnsettled Documents
'7
D
6.908
I
0
Contracts on Commodities and
Shareholders Capital
6
1
?o ?R:)
lnterest Rate Gontracts
5.1
25.421
0
Other ltems
5
lzt-+t)
Pavment of Soecial Lotterv
Total
rector
Chief Accountant
1.230.261
I
14"'733.964
0
t5.499,219
0
0
75.399.53 8
t.224,606
0
t.224.606
1R ?5?
53,034
391.386
0
0
289.107
0
1rn q11
0
320.933
67 "72s
69.026,743
59,7s9,883
t.1.42.873
0
1.142.813
0
309.1 40
0
3s8.614
80,579,91 6
9,266,860
309.140
7
0
0
5,i 80,378
1
289,101
0
8,306
0
8.306
14,691
53,034
|,727
0
1.727
2,'728
0
2.728
1.375.624,213
t19,4ll,063
2.t55.055.2',76
1.606,683,233
437"084.875
2.043.768.107
1
1
M. Menteshashvili
M. Jijavadze
;.316g.1qo
Bank: "VTB Bank (Georgia)",
Date: 31-Mar-10
8o53oU
gn5o5L16o 3q6o3o6X-["1 rr3&oo6oooo6oL 9nLoL oo5o6-n
JSC
Table N4
Economical Activities
Financial Period
Previous Period
Equity
I Tier
1 Capital Ratio > 8%
'10.06%
7.39Yo
17.01%
10.04%
75.19Yo
60.YZ'/o
Total Interest Income / Average Annual Assets
13.55%
13.43Yo
6 Total Interest Expense / Average Annual Assets
7.73Yo
8.19%
7 Operational Result / Average Annual Assets
2.39%
0.00%
5.24%
z Regulatory Capital Ratio > 12%
Risk Weiqhted Assets / Total Assets
4 Dividends
/ Net Income
ncome
c
Net Interest Margin
5.81Yo
c
Return on Assets (ROA)
1.70%
-2.99To
20.25%
-42.16%
20.970k
1532%
10
Return on EquitY (ROE)
Quality of Assets
11
lnactive loans / Total Loans
11.26%
9.91%
1? Loans in Foreign Currency / Total Loans
84.12o/o
81.440k
14 Assets in Foreign Currency / Total Loans
O5.OU-/o
72.29%
12 Loan Loss Reserves / Total Loans
'15
Annual Growth Rate of Total Loans
-7.17To
1.75%
Liquidity
to Liouid Assets i Total Assets
1'7
Liabilities in Foreign Currency / Total Liabilities
1t Current and Demand Deposits / Total Assets
Director
Chief Accountant
24.47%
16.12%
77.44o/o
85.85%
37.510k
22.07%
M. Menteshashvili
M. Jijavadze
3.3366.1qn [u6;ob 9o6o6l.116n 0q6.3o6X.6nU 603$3n63':q'6nU
Bank:
$3Unl'' qu5o6oo
"VTB Bank (Georgia)", JSC
31-Mar-10
Date:
Information about Supervisory Counciln Directorate and
Shareholders
sheet N5
Members of Supervisory Council
Evsenv Nemerinsky
1
2 Elena Narozhnava
Alexander Yashnik
4 Natalva Konovalova
5 Octavian Costas
Members of Board of Directors
1
Archil Kontselidze
z Niko Chkhetiani
Mamuka Menteshashvili
A
Ruslan Mahammadli
List of Shareholders owning 1oh and more of issued capita, indicating Shares
1
JSC
WB
Bank
z EBRD
LTD "Lakarpa Enterprises Limited"
87.35o/o
7.39%
2.94Yo
amesofdirectorindirectholdersof5%ormoreof
shares
1
Russian Federation
74.68%
Director
M. Menteshashvili
Chief Accountant
M. Jijavadze