European Regional Development Fund
Mar
2013
€ '000
Interim
Sep
2013
€ '000
Year-End
Mar
2014
€ '000
Interim
Sep
2014
€ '000
Year-End
Mar
2015
€ '000
Interim
Sep
2015
€ '000
Year-End
Mar
2016
€ '000
Interim
Sep
2016
€ '000
Year-End
Mar
2017
€ '000
Interim
Assets
Balances with Central Bank of Malta, Treasury Bills and cash 126,986 194,587 117,180 130,966 109,762 126,652 210,316 171,050 188,462
Financial assets designated at fair-value through profit or loss 677,986 581,531 477,235 527,774 503,506 417,522 412,776 392,430 360,618
Financial investments 1,544,569 1,665,820 1,972,137 2,422,237 2,968,632 3,376,305 3,644,742 3,736,272 3,767,010
Loans and advances to banks 916,881 860,957 1,180,646 1,045,988 1,168,136 1,656,346 1,928,384 2,098,439 2,551,102
Loans and advances to customers 3,687,469 3,667,739 3,685,286 3,861,532 3,982,865 4,001,839 3,982,468 4,001,656 4,103,682
Investment in group undertakings 85,685 - - - - - - 97,041 100,143
Investment in associates & jointly controlled entities - 84,880 90,278 88,553 94,031 96,904 94,945 - -
Intangible assets 9,362 11,495 12,205 11,642 11,460 12,722 13,017 13,272 21,756
Property, plant & equipment 70,555 80,123 80,551 88,117 88,053 89,801 88,755 89,574 91,043
Assets held for sale - - 9,209 9,755 11,256 11,601 12,835 11,973 13,188
Income tax receivable - - - - - 965 - 16,061 12,260
Deferred tax assets 61,706 70,205 76,182 78,550 78,238 86,654 82,264 67,188 59,030
Other assets 15,353 15,406 8,000 7,659 3,280 2,990 1,997 4,818 6,509
Prepayments & accrued income 20,363 25,215 25,193 24,018 23,222 21,661 23,702 23,077 31,007
Total Assets 7,216,915 7,257,958 7,734,102 8,296,791 9,042,441 9,901,962 10,496,201 10,722,851 11,305,810
Equity
Share capital 300,000 300,000 330,000 330,000 360,000 360,000 390,000 390,000 420,000
Share premium account 988 988 988 988 988 988 988 988 988
Revaluation reserve 15,537 24,621 23,707 29,136 35,917 35,217 47,048 35,332 29,830
Retained earnings 227,918 250,735 229,834 253,245 243,034 272,713 267,295 302,841 302,047
Non-controlling interest 471 661 883 1,100 981 1,271 776 0 -
Total Equity 544,914 577,005 585,412 614,469 640,920 670,189 706,107 729,161 752,865
Liabilities
Other liabilities 109,622 108,864 106,695 130,168 122,364 172,905 167,208 173,988 179,541
Subordinated liabilities 120,000 120,000 120,000 120,000 120,000 120,000 231,591 231,591 231,591
Debt securities in issue 95,400 95,400 95,400 95,400 95,400 95,400 95,400 95,400 95,400
Deferred tax liability - 5,003 5,003 5,100 5,100 4,382 4,363 4,318 4,318
Financial liabilities designated at fair value through profit or loss 48,360 30,819 32,396 44,903 63,207 25,077 27,594 20,327 16,442
Amounts owed to banks 64,311 36,040 129,272 86,579 114,138 197,760 329,269 250,155 329,998
Amounts owed to customers 6,137,353 6,219,666 6,581,711 7,119,530 7,777,243 8,559,731 8,882,007 9,181,047 9,667,825
Tax payable 27,957 4,697 15,312 16,090 19,407 - 15,641 - -
Accruals & deferred Income 25,760 29,235 31,889 27,643 36,561 21,317 17,772 16,215 13,590
Financial liabilities for hedging 43,238 31,229 31,012 36,909 48,101 35,201 19,249 20,649 14,240
Total Liabilities 6,672,001 6,680,953 7,148,690 7,682,322 8,401,521 9,231,773 9,790,094 9,993,690 10,552,945
Total Equity and Liabilities 7,216,915 7,257,958 7,734,102 8,296,791 9,042,441 9,901,962 10,496,201 10,722,851 11,305,810
Discuss these financial statements:
  • Chris (4 years ago)

    2013 interim results are even better than the 2012 interim results when you take into consideration the nature of the impairment
    The financial statements states that: "The EU Commission commented that Maltese ... 0 replies
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  • Grech293 (3 years ago)

    A note about non-performing loans
    The Bank’s Non-Performing Exposure (NPE) ratio, which relates non-performing exp... 0 replies
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  • Grech293 (1 year ago)

    Increase in admin costs and decrease in impairments
    Growth in costs is mainly attributable to higher HR costs following the signing ... 0 replies
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