Page 63 - Annual Report 2022

1 Banka Kombëtare Tregtare Annual Report 2022

Banka Kombëtare Tregtare Sh.a.
Consolidated statement of financial position as at 31 December 2022
(Amounts in USD)

Notes 31 December 2022 31 December 2021
Assets

Cash and balances with Central Bank 7 537,491,661 536,369,185
Placement and balances with banks 8 473,902,012 557,373,773
Investment securities 9 2,911,791,378 2,558,621,973
Loans to banks 10 145,894,324 138,246,339
Loans to customers 11 1,383,681,949 1,310,598,335
Investment in associates 12 1,090,943 933,964
Property and equipment 13 42,260,800 46,739,395
Intangible assets 14 7,434,937 4,133,568
Right of use asset 15 14,838,905 17,683,050
Deferred tax assets 20 12,918,087 2,347,752
Other assets 16 56,677,071 59,482,349
Total assets 5,587,982,067 5,232,529,683

Liabilities and shareholder’s equity

Liabilities
Customer deposits 17 4,591,435,866 4,182,176,123
Due to banks and financial institutions 18 305,784,334 372,945,259
Due to third parties 19 4,294,958 1,943,486
Accruals and other liabilities 21 77,855,311 73,366,947
Lease Liability 15 14,449,939 17,724,874
Subordinated debt 22 50,319,179 28,405,688
Total liabilities 5,044,139,587 4,676,562,377

Shareholder’s equity
Share capital 23 300,000,000 300,000,000
Legal reserve 23 60,093,852 52,315,511
Translation reserve 23 4,182,671 (2,358,124)
Fair value reserve and impairment of FVOCI 23 (28,093,813) 44,542,840
Retained earnings 23 207,659,770 161,467,079
Total shareholder’s equity 543,842,480 555,967,306
Total liabilities and shareholder’s equity 5,587,982,067 5,232,529,683

The consolidated statement of financial position is to be read in conjunction with the notes to and forming part of the
consolidated financial statements set out on pages 6 to 89.

The consolidated financial statements were authorised for release by the Board of Directors on 27 January 2023 and signed on
its behalf by:

Seyhan Pencabligil Skënder Emini
CEO and Board Member Head of Finance Group