| A | B | C | D | E | F | G | H | I | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 |
|||||||||||||
2 |
THE GROUP | THE BANK | |||||||||||
3 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||||||
4 |
8(a) | NET TRADING INCOME | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||||
5 |
Net trading income: - Net gain on debt instruments measured at fair value through profit or los |
235,878 | 115,015 | 138,695 | 235,878 | 115,015 | 138,695 | ||||||
6 |
- Fair value (loss)/gain on HFT derivatives | (7,016) | 27,107 | 49,799 | (7,016) | 27,107 | 49,799 | ||||||
7 |
228,862 | 142,122 | 188,494 | 228,862 | 142,122 | 188,494 | |||||||
8 |
|||||||||||||
9 |
8(b) | NET GAIN FROM DERECOGNITION OF FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | THE GROUP | THE BANK | |||||||||
10 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||||||
11 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||||||
12 |
Net gain from derecognition of financial assets measured at fair value | ||||||||||||
13 |
through other comprehensive income | 98 | 34,582 | 9,624 | 98 | 34,582 | 9,624 | ||||||
14 |
The above relates to assets disposed and redeemed on maturity. | ||||||||||||
15 |
|||||||||||||
16 |
8(c) | NET GAIN FROM FOREIGN EXCHANGE AND DERIVATIVES | THE GROUP | THE BANK | |||||||||
17 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||||||
18 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||||||
19 |
Derivatives held for risk management (foreign exchange) | (105,279) | - | - | (105,279) | - | - | ||||||
20 |
Foreign exchange difference | 789,459 | 642,260 | 487,587 | 793,220 | 640,063 | 487,903 | ||||||
21 |
684,180 | 642,260 | 487,587 | 687,941 | 640,063 | 487,903 | |||||||
22 |
|||||||||||||
23 |
Foreign exchange difference for financial year 2018 and 2017 includes derivative held for risk management | ||||||||||||
24 |
|||||||||||||
25 |
8(d) | OTHER OPERATING INCOME | THE GROUP | THE BANK | |||||||||
26 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||||||
27 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||||||
28 |
Profit on disposal of motor vehicle | - | 89 | - | - | 89 | - | ||||||
29 |
Transaction and other related fees | 5,598 | 27,618 | 15,048 | 15,118 | 32,888 | 17,979 | ||||||
30 |
5,598 | 27,707 | 15,048 | 15,118 | 32,977 | 17,979 | |||||||
31 |
|||||||||||||
| A | B | C | D | E | F | G | H | I | |
|---|---|---|---|---|---|---|---|---|---|
1 |
|||||||||
2 |
THE GROUP | THE BANK | |||||||
3 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
4 |
8(a) | NET TRADING INCOME | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |
5 |
Net trading income: - Net gain on debt instruments measured at fair value through profit or los |
235,878 | 115,015 | 138,695 | 235,878 | 115,015 | 138,695 | ||
6 |
- Fair value (loss)/gain on HFT derivatives | (7,016) | 27,107 | 49,799 | (7,016) | 27,107 | 49,799 | ||
7 |
228,862 | 142,122 | 188,494 | 228,862 | 142,122 | 188,494 | |||
8 |
|||||||||
9 |
8(b) | NET GAIN FROM DERECOGNITION OF FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | |||||||
10 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
11 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
12 |
Net gain from derecognition of financial assets measured at fair value | ||||||||
13 |
through other comprehensive income | 98 | 34,582 | 9,624 | 98 | 34,582 | 9,624 | ||
14 |
The above relates to assets disposed and redeemed on maturity. | ||||||||
15 |
|||||||||
16 |
8(c) | NET GAIN FROM FOREIGN EXCHANGE AND DERIVATIVES | |||||||
17 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
18 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
19 |
Derivatives held for risk management (foreign exchange) | (105,279) | - | - | (105,279) | - | - | ||
20 |
Foreign exchange difference | 789,459 | 642,260 | 487,587 | 793,220 | 640,063 | 487,903 | ||
21 |
684,180 | 642,260 | 487,587 | 687,941 | 640,063 | 487,903 | |||
22 |
|||||||||
23 |
Foreign exchange difference for financial year 2018 and 2017 includes derivative held for risk management | ||||||||
24 |
|||||||||
25 |
8(d) | OTHER OPERATING INCOME | |||||||
26 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
27 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
28 |
Profit on disposal of motor vehicle | - | 89 | - | - | 89 | - | ||
29 |
Transaction and other related fees | 5,598 | 27,618 | 15,048 | 15,118 | 32,888 | 17,979 | ||
30 |
5,598 | 27,707 | 15,048 | 15,118 | 32,977 | 17,979 | |||
31 |
|||||||||
| A | B | C | D | E | F | G | H | I | |
|---|---|---|---|---|---|---|---|---|---|
1 |
|||||||||
2 |
THE GROUP | THE BANK | |||||||
3 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
4 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
5 |
Net trading income: - Net gain on debt instruments measured at fair value through profit or los |
235,878 | 115,015 | 138,695 | 235,878 | 115,015 | 138,695 | ||
6 |
- Fair value (loss)/gain on HFT derivatives | (7,016) | 27,107 | 49,799 | (7,016) | 27,107 | 49,799 | ||
7 |
228,862 | 142,122 | 188,494 | 228,862 | 142,122 | 188,494 | |||
8 |
|||||||||
9 |
8(b) | NET GAIN FROM DERECOGNITION OF FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | THE GROUP | THE BANK | |||||
10 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
11 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
12 |
Net gain from derecognition of financial assets measured at fair value | ||||||||
13 |
through other comprehensive income | 98 | 34,582 | 9,624 | 98 | 34,582 | 9,624 | ||
14 |
The above relates to assets disposed and redeemed on maturity. | ||||||||
15 |
|||||||||
16 |
8(c) | NET GAIN FROM FOREIGN EXCHANGE AND DERIVATIVES | THE GROUP | THE BANK | |||||
17 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
18 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
19 |
Derivatives held for risk management (foreign exchange) | (105,279) | - | - | (105,279) | - | - | ||
20 |
Foreign exchange difference | 789,459 | 642,260 | 487,587 | 793,220 | 640,063 | 487,903 | ||
21 |
684,180 | 642,260 | 487,587 | 687,941 | 640,063 | 487,903 | |||
22 |
|||||||||
23 |
Foreign exchange difference for financial year 2018 and 2017 includes derivative held for risk management | ||||||||
24 |
|||||||||
25 |
8(d) | OTHER OPERATING INCOME | THE GROUP | THE BANK | |||||
26 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
27 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
28 |
Profit on disposal of motor vehicle | - | 89 | - | - | 89 | - | ||
29 |
Transaction and other related fees | 5,598 | 27,618 | 15,048 | 15,118 | 32,888 | 17,979 | ||
30 |
5,598 | 27,707 | 15,048 | 15,118 | 32,977 | 17,979 | |||
31 |
|||||||||
32 |
9 | NET IMPAIRMENT LOSS ON FINANCIAL ASSETS | |||||||
33 |
THE GROUP | THE BANK | |||||||
34 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
35 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
36 |
Cash and cash equivalents (Note 14) | (24,449) | - | - | (24,449) | - | - | ||
37 |
Due from banks (Note 15) | 3,660 | 270,720 | - | 3,660 | 270,720 | - | ||
38 |
Loans and advances to banks (Note 17(a)) | (2,662) | 52,796 | 35,270 | (2,662) | 52,796 | 35,270 | ||
39 |
Loans and advances to customers (Note 17(b)) | 577,719 | 752,618 | 545,279 | 577,719 | 752,618 | 545,279 | ||
40 |
Debt instruments measured at FVTOCI (Note 18) | 527 | - | - | 527 | - | - | ||
41 |
Debt instruments measured at amortised cost (Note 18) | 2,395 | - | - | 2,395 | - | - | ||
42 |
Financial guarantee contracts and loan commitments (Note 37) | 390 | - | - | 390 | - | - | ||
43 |
Total credit losses under IFRS 9 | 557,580 | 1,076,134 | 580,549 | 557,580 | 1,076,134 | 580,549 | ||
44 |
Bad debts recovered | (89,200) | (8,553) | - | (89,200) | (8,553) | - | ||
45 |
468,380 | 1,067,581 | 580,549 | 468,380 | 1,067,581 | 580,549 | |||
46 |
|||||||||
47 |
10 | PERSONNEL EXPENSES | |||||||
48 |
THE GROUP | THE BANK | |||||||
49 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
50 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
51 |
Salaries | 369,667 | 354,088 | 279,243 | 339,654 | 320,190 | 257,048 | ||
52 |
Staff benefits | 269,962 | 175,261 | 146,982 | 264,204 | 171,769 | 145,524 | ||
53 |
Retirement benefit cost (Note 30) | 14,353 | 8,165 | 23,000 | 13,697 | 7,077 | 23,000 | ||
54 |
Pension cost - defined contribution scheme | 24,533 | 21,310 | 13,477 | 22,414 | 19,376 | 9,976 | ||
55 |
Training expenses | 6,605 | 11,311 | 810 | 6,327 | 11,252 | 810 | ||
56 |
685,120 | 570,135 | 463,512 | 646,296 | 529,664 | 436,358 | |||
57 |
|||||||||
58 |
11 | OTHER OPERATING EXPENSES | |||||||
59 |
THE GROUP | THE BANK | |||||||
60 |
2019 | 2018 | 2017 | 2019 | 2018 | 2017 | |||
61 |
MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
62 |
Advertising and marketing expenses | 64,312 | 51,067 | 23,754 | 63,736 | 49,188 | 23,473 | ||
63 |
Rental expense (non-cancellable) | 36,713 | 34,423 | 32,740 | 38,862 | 36,500 | 34,400 | ||
64 |
Administrative expenses | 179,094 | 191,054 | 135,410 | 171,208 | 178,671 | 128,648 | ||
65 |
Equipment written off | 1,309 | 8,601 | 9,834 | 1,309 | 8,601 | 9,166 | ||
66 |
Professional fees | 60,212 | 66,233 | 56,045 | 48,391 | 63,402 | 43,215 | ||
67 |
Special Levy | 63,797 | - | - | 63,797 | - | - | ||
68 |
Debt written off | - | - | 1,110 | - | - | - | ||
69 |
405,437 | 351,378 | 258,893 | 387,303 | 336,362 | 238,902 | |||