Pivdennyi Bank reported audited consolidated earnings results for the year ended December 31, 2011. For the year, the company reported net interest income of UAH 511,189,000 against UAH 362,371,000 for the same period a year ago. Profit before tax was UAH 77,593,000 against UAH 120,415,000 for the same period a year ago. Profit attributable to owners of the bank was UAH 52,369,000 against UAH 84,853,000 for the same period a year ago. Net cash from operating activities was UAH 842,296,000 against UAH 1,173,840,000 for the same period a year ago. Acquisition of premises and equipment was UAH 19,921,000 against UAH 16,532,000 for the same period a year ago. Acquisition of intangible assets was UAH 1,835,000 against UAH 1,497,000 for the same period a year ago.