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Annual Report - Raiffeisen Bank Kosovo JSC

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Financial Statements <strong>Raiffeisen</strong> <strong>Bank</strong> <strong>Kosovo</strong> 2009<br />

Separate statement of financial position as at 31 December 2009<br />

(in thousands of Euro unless otherwise stated)<br />

December December<br />

Notes 31, 2009 31, 2008<br />

Assets<br />

Cash and cash equivalents and mandatory reserve 6 106,959 69,912<br />

Due from other banks 7 170,194 104,384<br />

Loans and advances to customers 8 357,355 413,091<br />

Investment securities 9 33,718 206<br />

Investments in a subsidiary 10 268 450<br />

Other assets 11 4,403 5,388<br />

Leasehold improvements, equipment and intangible assets 12 9,461 7,646<br />

Total assets 682,358 601,077<br />

Liabilities<br />

Deposits from customers 13 547,815 495,187<br />

Deposits and borrowings from banks 14 39,549 18,449<br />

Other liabilities 15 12,587 10,354<br />

Current tax liability - 2,176<br />

Deferred Tax Liability 22 1,015 687<br />

Total liabilities 600,966 526,853<br />

Shareholders’ equity<br />

Share capital 16 58,000 58,000<br />

Retained earnings 23,047 16,018<br />

Other reserves 345 206<br />

Total shareholders’ equity 81,392 74,224<br />

Total liabilities and shareholders’ equity 682,358 601,077<br />

Approved for issue on behalf of the Management of <strong>Raiffeisen</strong> <strong>Bank</strong> <strong>Kosovo</strong> J.S.C. and signed on its<br />

behalf on April 2, 2010<br />

Shukri Mustafa<br />

Chief Operations Officer<br />

Management Board Member<br />

Robert Wright<br />

Chief Executive Officer<br />

Chairman of the Management Board<br />

42 www.raiffeisen-kosovo.com Introduction Management Board Organisational Structure Vision and Mission RZB and RI

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