Annual Report 2012 - Raiffeisen Bank Kosovo JSC

Separate statement of comprehensive income
(amounts in € 000) Notes December December
31, 2012 31, 2011
Interest income 18 47,606 50,144
Interest expense 18 (10,266) (11,834)
Net interest income 37,340 38,310
Provision for loan impairment 8 (5,523) (6,545)
Recoveries from loans written off 1,016 735
Provision for losses on commitments and contingent liabilities (221) (23)
Net interest income after provisions 32,612 32,477
Fee and commission income 19 10,881 10,967
Fee and commission expense 19 (3,084) (3,149)
Trading profit/loss, net 135 17
Net valuation of financial instruments held for trading (570) (533)
Net valuation of equity investments 500 84
Other operating income 20 82 223
Operating income 40,556 40,086
Staff costs 21 (10,685) (10,585)
Other operating expenses 22 (15,701) (15,724)
Profit before income tax 14,170 13,777
Income tax expense 23 (1,549) (1,386)
Profit for the year 12,621 12,391
Other comprehensive income
Valuation result of available for sale financial instruments recorded in equity (442) 145
Total comprehensive income for the year 12,179 12,536
The separate statement of comprehensive income is to be read in conjunction with the notes to and forming part of the
separate financial statements set out on pages 34 to 64.
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Addresses Glossary Financial Statements Segment Reports Overview Macroeconomic Environment RBI Vision and Mission Management Board Introduction