Industrialbank : 2021 IFRS

TABLE OF CONTENTS

INDEPENDENT AUDITORS' REPORT

Separate statement of financial position.....................................................................................................................................................

1

Separate income statement............................................................................................................................................................................

2

Separate statement of comprehensive income ..........................................................................................................................................

3

Separate statement of changes in equity .....................................................................................................................................................

4

Separate statement of cash flows .................................................................................................................................................................

5

NOTES TO THE SEPARATE FINANCIAL STATEMENTS FOR THE YEAR 2021

1.

Principal activities..............................................................................................................................................................................

6

2.

Operating environment, risks and economic conditions............................................................................................................

7

3.

Basis of preparation...........................................................................................................................................................................

8

4.

Going concern....................................................................................................................................................................................

8

5.

Summary of accounting policies ...................................................................................................................................................

10

6.

Significant accounting judgements and estimates......................................................................................................................

25

7.

Disclosure of financial instruments by category ........................................................................................................................

25

8.

Segment information.......................................................................................................................................................................

26

9.

Cash and cash equivalents..............................................................................................................................................................

29

10.

Derivative financial instruments ...................................................................................................................................................

29

11.

Loans to customers .........................................................................................................................................................................

30

12.

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

34

13.

Securities............................................................................................................................................................................................

34

14.

Investment property........................................................................................................................................................................

35

15.

Intangible assets ...............................................................................................................................................................................

36

16.

Property and equipment.................................................................................................................................................................

37

17.

Taxation.............................................................................................................................................................................................

39

18.

Other provisions..............................................................................................................................................................................

40

19.

Other assets and liabilities..............................................................................................................................................................

41

20.

Amounts due to credit institutions...............................................................................................................................................

43

21.

Amounts due to customers............................................................................................................................................................

43

22.

Other borrowed funds....................................................................................................................................................................

45

23.

Equity.................................................................................................................................................................................................

45

24.

Commitments and contingencies..................................................................................................................................................

45

25.

Net interest income and expense..................................................................................................................................................

46

26.

Net fee and commission income ..................................................................................................................................................

46

27.

Other lines of income statement...................................................................................................................................................

47

28.

Other income ...................................................................................................................................................................................

47

29.

Personnel and other administrative and operating expenses...................................................................................................

47

30.

Earnings per share...........................................................................................................................................................................

47

31.

Financial risk management.............................................................................................................................................................

48

32.

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

56

33.

Maturity analysis of assets and liabilities......................................................................................................................................

58

34.

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

59

35.

Capital adequacy ..............................................................................................................................................................................

62

36.

Subsequent events ...........................................................................................................................................................................

62