JS BANK

FINANCIAL POSITION
VERTICAL ANALYSIS

2018 % 2017 % 2016

ASSETS
cash and balances 32111 7.0% 17334 4.4% 156509
balances with other banks 969 0.2% 1034 0.3% 753
lending of financial instit 1937 0.4% 3116 0.8% 11334
investments 148690 32.6% 169612 43.3% 133727
advance nets 251991 55.2% 184140 47.0% 93794
operating fix assets 8415 1.8% 7113 1.8% 5837
deffereed tax assets net 287 0.1% 0 0.0% 0
other assets 12354 2.7% 9131 2.3% 6490
TOTAL ASSET 456754 100.0% 391479 100.0% 267444

LIABILITIES
bills payable 3520 0.8% 3824 1.0% 2544
borrowings 96559 21.1% 64557 16.5% 10320
deposits and other accounts 321413 70.4% 290078 74.1% 226099
subordinated loans 7497 1.6% 4999 1.3% 3000
differted tax liabilities 0 0.0% 797 0.2% 1205
other liabilities 12148 2.7% 10555 2.7% 7626
TOTAL LIABILITIES 441137 96.6% 374810 95.7% 250794

EQUITY
share capital 12975 2.8% 10725 2.7% 10725
discount on shares -2855 -0.6% -2105 -0.5% -2105
preferrence shares 0 0.0% 1500 0.4% 1500
resserves 1712 0.4% 1541 0.4% 1334
acc/profit or loss 4821 1.1% 4519 1.2% 3973
surplus -1036 -0.2% 490 0.1% 1223
TOTAL EQUITY 15617 3.4% 16669 4.3% 16650

EQUITY &LIABILITY 456754 100.0% 391479 100.0% 267444

 % 2015 % 2014 %

58.5% 11159 5.1% 9041 5.1%

0.3% 584 0.3% 412 0.2%
4.2% 3581 1.6% 11080 6.3%
50.0% 116030 53.1% 84258 47.7%
35.1% 76666 35.1% 62433 35.3%
2.2% 4574 2.1% 3767 2.1%
0.0% 0 0.0% 0 0.0%
2.4% 5882 2.7% 5726 3.2%
100.0% 218476 100.0% 176717 100.0%

1.0% 1609 0.7% 1380 0.8%

3.9% 54638 25.0% 50538 28.6%
84.5% 141840 64.9% 108740 61.5%
1.1% 0 0.0% 0 0.0%
0.5% 1695 0.8% 445 0.3%
2.9% 2724 1.2% 2535 1.4%
93.8% 202508 92.7% 163637 92.6%

4.0% 10725 4.9% 10725 6.1%

-0.8% -2105 -1.0% -2105 -1.2%
0.6% 1500 0.7% 1500 0.8%
0.5% 919 0.4% 514 0.3%
1.5% 2529 1.2% 1071 0.6%
0.5% 2401 1.1% 1376 0.8%
6.2% 15968 7.3% 13080 7.4%

100.0% 218476 100.0% 176717 100.0%

 JS BANK
FINANCIAL POSITION
HORIZONTAL ANALYSIS

2018 % 2017 % 2016 %

ASSETS
cash and balances 32111 355.2% 17334 191.7% 15509 171.5%
balances with other banks 969 235.2% 1034 251.0% 753 182.8%
lending of financial instit 1937 17.5% 3116 28.1% 11334 102.3%
investments 148690 176.5% 169612 201.3% 133727 158.7%
advance nets 251991 403.6% 184140 294.9% 93794 150.2%
operating fix assets 8415 223.4% 7113 188.8% 5837 155.0%
deffereed tax assets net 287 100.0% 0 0.0% 0 0.0%
other assets 12354 215.8% 9131 159.5% 6490 113.3%
TOTAL ASSET 456754 258.5% 391479 221.5% 267444 151.3%

LIABILITIES
bills payable 3520 255.1% 3824 277.1% 2544 184.3%
borrowings 96559 191.1% 64557 127.7% 10320 20.4%
deposits and other accounts 321413 295.6% 290078 266.8% 226099 207.9%
subordinated loans 7497 249.9% 4999 166.6% 3000 100.0%
differted tax liabilities 0 0.0% 797 179.1% 1205 270.8%
other liabilities 12148 479.2% 10555 416.4% 7626 300.8%
TOTAL LIABILITIES 441137 269.6% 374810 229.0% 250794 153.3%

EQUITY
share capital 12975 121.0% 10725 100.0% 10725 100.0%
discount on shares -2855 135.6% -2105 100.0% -2105 100.0%
preferrence shares 0 0.0% 1500 100.0% 1500 100.0%
resserves 1712 333.1% 1541 299.8% 1334 259.5%
acc/profit or loss 4821 450.1% 4519 421.9% 3973 371.0%
surplus -1036 -75.3% 490 35.6% 1223 88.9%
TOTAL EQUITY 15617 119.4% 16669 127.4% 16650 127.3%

EQUITY &LIABILITY 456754 258.5% 391479 221.5% 267444 151.3%

 2015 % 2014 %

11159 123.4% 9041 100.0%

584 141.7% 412 100.0%
3581 32.3% 11080 100.0%
116030 137.7% 84258 100.0%
76666 122.8% 62433 100.0%
4574 121.4% 3767 100.0%
0 0.0% 0 0.0%
5882 102.7% 5726 100.0%
218476 123.6% 176717 100.0%

1609 116.6% 1380 100.0%

54638 108.1% 50538 100.0%
141840 130.4% 108740 100.0%
0 0.0% 0 0.0%
1695 380.9% 445 100.0%
2724 107.5% 2535 100.0%
202508 123.8% 163637 100.0%

10725 100.0% 10725 100.0%

-2105 100.0% -2105 100.0%
1500 100.0% 1500 100.0%
919 178.8% 514 100.0%
2529 236.1% 1071 100.0%
2401 174.5% 1376 100.0%
15968 122.1% 13080 100.0%

218476 123.6% 176717 100.0%

 JS BANK
FINANCIAL POSITION
YEAR TO YEAR ANALYSIS

2018 % 2017 % 2016 %

ASSETS
cash and balances 32111 85.2% 17334 11.8% 15509 39.0%
balances with other banks 969 -6.3% 1034 37.3% 753 28.9%
lending of financial instit 1937 -37.8% 3116 -72.5% 11334 216.5%
investments 148690 -12.3% 169612 26.8% 133727 15.3%
advance nets 251991 36.8% 184140 96.3% 93794 22.3%
operating fix assets 8415 18.3% 7113 21.9% 5837 27.6%
deffereed tax assets net 287 100.0% 0 0.0% 0 0.0%
other assets 12354 35.3% 9131 40.7% 6490 10.3%
TOTAL ASSET 456754 16.7% 391479 46.4% 267444 22.4%

LIABILITIES
bills payable 3520 -7.9% 3824 50.3% 2544 58.1%
borrowings 96559 49.6% 64557 525.6% 10320 -81.1%
deposits and other accounts 321413 10.8% 290078 28.3% 226099 59.4%
subordinated loans 7497 50.0% 4999 66.6% 3000 100.0%
differted tax liabilities 0 -100.0% 797 -33.9% 1205 -28.9%
other liabilities 12148 15.1% 10555 38.4% 7626 180.0%
TOTAL LIABILITIES 441137 17.7% 374810 49.4% 250794 23.8%

EQUITY
share capital 12975 21.0% 10725 0.0% 10725 0.0%
discount on shares -2855 35.6% -2105 0.0% -2105 0.0%
preferrence shares 0 -100.0% 1500 0.0% 1500 0.0%
resserves 1712 11.1% 1541 15.5% 1334 45.2%
acc/profit or loss 4821 6.7% 4519 13.7% 3973 57.1%
surplus -1036 -311.4% 490 -59.9% 1223 -49.1%
TOTAL EQUITY 15617 -6.3% 16669 0.1% 16650 4.3%

EQUITY &LIABILITY 456754 16.7% 391479 46.4% 267444 22.4%

 2015 % 2014 %

11159 23.4% 9041 0.0%

584 41.7% 412 0.0%
3581 -67.7% 11080 0.0%
116030 37.7% 84258 0.0%
76666 22.8% 62433 0.0%
4574 21.4% 3767 0.0%
0 0.0% 0 0.0%
5882 2.7% 5726 0.0%
218476 23.6% 176717 0.0%

1609 16.6% 1380 0.0%

54638 8.1% 50538 0.0%
141840 30.4% 108740 0.0%
0 0.0% 0 0.0%
1695 280.9% 445 0.0%
2724 7.5% 2535 0.0%
202508 23.8% 163637 0.0%

10725 0.0% 10725 0.0%

-2105 0.0% -2105 0.0%
1500 0.0% 1500 0.0%
919 78.8% 514 0.0%
2529 136.1% 1071 0.0%
2401 74.5% 1376 0.0%
15968 22.1% 13080 0.0%

218476 23.6% 176717 0.0%

 JS BANK
INCOME STATEMENT (IN MILLION)
VERTICAL ANALYSIS
2018 % 2017 %

MARK-UP RETURN 29997 93.3% 20381 83.4%

FEE,COMMI SSION 2669 8.3% 2124 8.7%
GAIN ON SALE OF SECURITIES -1434 -4.5% 1236 5.1%
INCOME FROM DEALING IN FOREIGN CURRENC 688 2.1% 357 1.5%
DIVIDEND INCOME 109 0.3% 167 0.7%
OTHER INCOME 109 0.3% 169 0.7%
TOTAL GROSS INCOME 32138 100.0% 24434 100.0%
MARK-UP EXPENSE 21188 65.9% 14139 57.9%
PROVISION AGINST LOAN & ADVANCE 405 1.3% 203 0.8%
PROVISSION IN VALUE OF INVESTMENT -220 -0.7% 123 0.5%
NON-MARKUP / INTEREST EXPENSE 9859 30.7% 8347 34.2%
TOTAL OPERATING EXPENSE 31233 97.2% 22812 93.4%
PROFIT BEFORE TAXATION 905 2.8% 1621 6.6%
TAXATION 342 1.1% 647 2.6%
PROFIT AFTER TAX 562 1.7% 973 4.0%

JS BANK
INCOME STATEMENT (IN MILLION)
HORIZONTAL ANALYSIS
2018 % 2017 %

MARK-UP RETURN 29997 269.9% 20381 183.4%

FEE,COMMI SSION 2669 319.6% 2124 254.4%
GAIN ON SALE OF SECURITIES -1434 -94.7% 1236 81.6%
INCOME FROM DEALING IN FOREIGN CURRENC 688 252.9% 357 131.3%
DIVIDEND INCOME 109 80.7% 167 123.7%
OTHER INCOME 109 -66.1% 169 -102.4%
TOTAL GROSS INCOME 32138 234.5% 24434 178.3%
MARK-UP EXPENSE 21188 291.9% 14139 194.8%
PROVISION AGINST LOAN & ADVANCE 405 61.6% 203 30.9%
PROVISSION IN VALUE OF INVESTMENT -220 -136.6% 123 76.4%
NON-MARKUP / INTEREST EXPENSE 9859 245.4% 8347 207.8%
TOTAL OPERATING EXPENSE 31233 258.2% 22812 188.6%
PROFIT BEFORE TAXATION 905 56.3% 1621 100.8%
TAXATION 342 62.4% 647 118.1%
PROFIT AFTER TAX 562 53.0% 973 91.8%
 JS BANK
INCOME STATEMENT (IN MILLION)
HORIZONTAL ANALYSIS
2018 % 2017 %

MARK-UP RETURN 29997 47.2% 20381 35.1%

FEE,COMMI SSION 2669 25.7% 2124 48.8%
GAIN ON SALE OF SECURITIES -1434 -216.0% 1236 -58.3%
INCOME FROM DEALING IN FOREIGN CURRENC 688 92.7% 357 14.1%
DIVIDEND INCOME 109 -34.7% 167 70.4%
OTHER INCOME 109 -35.5% 169 186.4%
TOTAL GROSS INCOME 32138 31.5% 24434 22.5%
MARK-UP EXPENSE 21188 49.9% 14139 51.2%
PROVISION AGINST LOAN & ADVANCE 405 99.5% 203 -417.2%
PROVISSION IN VALUE OF INVESTMENT -220 -278.9% 123 -70.4%
NON-MARKUP / INTEREST EXPENSE 9859 18.1% 8347 21.9%
TOTAL OPERATING EXPENSE 31233 36.9% 22812 37.8%
PROFIT BEFORE TAXATION 905 -44.2% 1621 -52.2%
TAXATION 342 -47.1% 647 -50.7%
PROFIT AFTER TAX 562 -42.2% 973 -53.2%
NK
NT (IN MILLION)
NALYSIS
2016 % 2015 % 2014 %

15081 75.6% 15328 82.3% 11113 81.1%

1427 7.2% 1124 6.0% 835 6.1%
2965 14.9% 1799 9.7% 1514 11.0%
313 1.6% 288 1.5% 272 2.0%
98 0.5% 85 0.5% 135 1.0%
59 0.3% -6 0.0% -165 -1.2%
19942 100.0% 18618 100.0% 13704 100.0%
9353 46.9% 9738 52.3% 7259 53.0%
-64 -0.3% 675 3.6% 658 4.8%
415 2.1% 141 0.8% 161 1.2%
6848 34.3% 4890 26.3% 4017 29.3%
16552 83.0% 15444 83.0% 12095 88.3%
3390 17.0% 3174 17.0% 1608 11.7%
1313 6.6% 1148 6.2% 548 4.0%
2077 10.4% 2026 10.9% 1060 7.7%

NK
NT (IN MILLION)
ANALYSIS
2016 % 2015 % 2014 %

15081 135.7% 15328 137.9% 11113 100.0%

1427 170.9% 1124 134.6% 835 100.0%
2965 195.8% 1799 118.8% 1514 100.0%
313 115.1% 288 105.9% 272 100.0%
98 72.6% 85 63.0% 135 100.0%
59 -35.8% -6 3.6% -165 100.0%
19942 145.5% 18618 135.9% 13704 100.0%
9353 128.8% 9738 134.2% 7259 100.0%
-64 -9.7% 675 102.6% 658 100.0%
415 257.8% 141 87.6% 161 100.0%
6848 170.5% 4890 121.7% 4017 100.0%
16552 136.8% 15444 127.7% 12095 100.0%
3390 210.8% 3174 197.4% 1608 100.0%
1313 239.6% 1148 209.5% 548 100.0%
2077 195.9% 2026 191.1% 1060 100.0%
NK
NT (IN MILLION)
ANALYSIS
2016 % 2015 % 2014 %

15081 -1.6% 15328 37.9% 11113 0.0%

1427 27.0% 1124 34.6% 835 0.0%
2965 64.8% 1799 18.8% 1514 0.0%
313 8.7% 288 5.9% 272 0.0%
98 15.3% 85 -37.0% 135 0.0%
59 -1083.3% -6 -96.4% -165 0.0%
19942 7.1% 18618 35.9% 13704 0.0%
9353 -4.0% 9738 34.2% 7259 0.0%
-64 -109.5% 675 2.6% 658 0.0%
415 194.3% 141 -12.4% 161 0.0%
6848 40.0% 4890 21.7% 4017 0.0%
16552 7.2% 15444 27.7% 12095 0.0%
3390 6.8% 3174 97.4% 1608 0.0%
1313 14.4% 1148 109.5% 548 0.0%
2077 2.5% 2026 91.1% 1060 0.0%