Annual Report - Raiffeisen Bank Kosovo JSC
Annual Report - Raiffeisen Bank Kosovo JSC
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