BANK ALFALAH LIMITED AFGHANISTAN STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2019 31 December 31 December 2019 2018 Note AFN '000' AFN '000' Interest income Interest expense 242,225 (3,224) 239,001 218,609 (11,597) 207,012 Net interest income 19 Fee and commission income Fee and commission expense 111,000 121,014 (10,714) 100,286 (10,924) 110,090 Net fee and commission income Income from dealing in foreign currencies Other income 12,086 9,820 277,077 20,598 Total operating income 371,971 603,999 Impairment loss on financial assets and off balance sheet items 22 (9,565) 362,406 74,714 Net operating income 678,713 Personnel expenses Depreciation Finance cost on lease liabities Other operating expenses Total operating expenses (90,465) (16,790) (1,776) (66,479) (175,510) 186,896 (92,055) (2,705) 14 23 (91,903) (186,663) 492,050 Profit before taxation Тахation 24 (4,620) 182,276 (92,493) 399,557 Profit for the year Other comprehensive income Items that may be reclassified to profit or loss subsequently Mark to market adjustment on investments at FVOCI Related deferred tax 60,159 164 (12,032) 9,695 (33) Mark to market adjustment on interest rate SWAP Related deferred tax (1,939) 55,883 131 Total comprehensive income 238,159 399,688 The annexed notes 1 to 30 form an integral part of these financial statements. 20 21
BANK ALFALAH LIMITED AFGHANISTAN STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2019 31 December 31 December 2019 2018 Note AFN '000' AFN '000' Interest income Interest expense 242,225 (3,224) 239,001 218,609 (11,597) 207,012 Net interest income 19 Fee and commission income Fee and commission expense 111,000 121,014 (10,714) 100,286 (10,924) 110,090 Net fee and commission income Income from dealing in foreign currencies Other income 12,086 9,820 277,077 20,598 Total operating income 371,971 603,999 Impairment loss on financial assets and off balance sheet items 22 (9,565) 362,406 74,714 Net operating income 678,713 Personnel expenses Depreciation Finance cost on lease liabities Other operating expenses Total operating expenses (90,465) (16,790) (1,776) (66,479) (175,510) 186,896 (92,055) (2,705) 14 23 (91,903) (186,663) 492,050 Profit before taxation Тахation 24 (4,620) 182,276 (92,493) 399,557 Profit for the year Other comprehensive income Items that may be reclassified to profit or loss subsequently Mark to market adjustment on investments at FVOCI Related deferred tax 60,159 164 (12,032) 9,695 (33) Mark to market adjustment on interest rate SWAP Related deferred tax (1,939) 55,883 131 Total comprehensive income 238,159 399,688 The annexed notes 1 to 30 form an integral part of these financial statements. 20 21
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Explain the major trends in the following income statement.
Transcribed Image Text:BANK ALFALAH LIMITED AFGHANISTAN
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2019
31 December
31 December
2019
2018
Note
AFN '000'
AFN '000'
Interest income
Interest expense
242,225
(3,224)
239,001
218,609
(11,597)
207,012
Net interest income
19
Fee and commission income
Fee and commission expense
111,000
121,014
(10,714)
100,286
(10,924)
110,090
Net fee and commission income
Income from dealing in foreign currencies
Other income
12,086
9,820
277,077
20,598
Total operating income
371,971
603,999
Impairment loss on financial assets and off balance sheet
items
22
(9,565)
362,406
74,714
Net operating income
678,713
Personnel expenses
Depreciation
Finance cost on lease liabities
Other operating expenses
Total operating expenses
(90,465)
(16,790)
(1,776)
(66,479)
(175,510)
186,896
(92,055)
(2,705)
14
23
(91,903)
(186,663)
492,050
Profit before taxation
Тахation
24
(4,620)
182,276
(92,493)
399,557
Profit for the year
Other comprehensive income
Items that may be reclassified to profit or loss subsequently
Mark to market adjustment on investments at FVOCI
Related deferred tax
60,159
164
(12,032)
9,695
(33)
Mark to market adjustment on interest rate SWAP
Related deferred tax
(1,939)
55,883
131
Total comprehensive income
238,159
399,688
The annexed notes 1 to 30 form an integral part of these financial statements.
20
21
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