Ready for Breakthrough - Techcombank

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Consolidated balance sheet as at 31 December 2009 (continued) Form B02/TCTD-HN Consolidated balance sheet as at 31 December 2009 (continued) Form B02/TCTD-HN B I LIABILITIES AND SHAREHOLDERS’ EQUITY LIABILITIES Amounts due to the Government and the State Bank of Vietnam Notes 31/12/2009 VND million 31/12/2008 VND million 15 3,932,348 - II Deposits and borrowings from other credit institutions 16 10,346,086 8,970,269 1 Deposits from other credit institutions 7,706,966 8,195,555 2 Borrowings from other credit institutions 2,639,120 774,714 III Deposits from customers 17 62,347,400 39,617,723 V Other borrowed and entrusted funds 18 1,632,826 231,961 I OFF-BALANCE SHEET ITEMS CONTINGENT LIABILITIES Notes 31/12/2009 VND million 31/12/2008 VND million 2 Letters of credit 6,082,655 2,879,247 3 Other guarantees 4,186,579 2,283,271 II OTHER COMMITMENTS 1 Undrawn loan commitments 6,931 14,031 2 Unmatured foreign currency contracts 1,342,512 3,184,902 VI Valuable papers issued 19 5,036,565 2,761,793 VII Other liabilities 20 1,962,453 1,891,808 1 Accrued interest and fee payables 838,657 1,000,315 3 Other liabilities 1,051,751 857,290 4 Provision for off-balance sheet commitments 72,045 34,203 Approved by: TOTAL LIABILITIES 85,257,678 53,473,554 SHAREHOLDERS’ EQUITY VIII Capital and reserves 21 7,323,826 5,625,408 1 Capital 5,400,788 4,705,788 a Share capital 5,400,417 3,642,015 c Share premium - 1,063,402 g Other capital 371 371 2 Reserves 472,210 283,177 5 Retained earnings 1,450,828 636,443 TOTAL SHAREHOLDERS’ EQUITY 7,323,826 5,625,408 Tran Van Chien Chief Accountant Nguyen Duc Vinh Chief Executive Officer TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 92,581,504 59,098,962 The accompanying notes are an integral part of the consolidated financial statements The accompanying notes are an integral part of the consolidated financial statements 76 READY FOR BREAKTHROUGH TECHcOMBANK ANNUAL REPORT 2009 77
Consolidated statement of income for the year ended 31 December 2009 Form B03/TCTD-HN Consolidated statement of cash flows for the year ended 31 December 2009 Form B04/TCTD-HN Notes 2009 VND million 2008 VND million Notes 2009 VND million 2008 VND million 1 Interest and similar income 22 6,882,366 6,218,777 2 Interest and similar expenses 22 (4,382,546) (4,458,034) I Net interest income 22 2,499,820 1,760,743 3 Fee and commission income 23 740,427 543,270 4 Fee and commission expenses 23 (99,368) (60,393) II Net fee and commission income 23 641,059 482,877 III Net gain from trading of foreign currencies and gold 48,089 21,793 IV Net gain from trading of securities held for trading 24 150,453 2,587 V Net gain from investment securities 25 372,165 780,197 5 Other income 26 196,134 16,034 6 Other expenses (18,007) (5,740) VI Net other income 178,127 10,294 VII Income from investments in other entities 28,441 79,582 VIII Operating expenses 27 (1,183,772) (910,511) IX Operating profit before allowance and provision expenses 2,734,382 2,227,562 X Allowance and provision expenses 28 (481,485) (611,707) XI Profit before tax 2,252,897 1,615,855 7 Income tax expense - current 29 (574,670) (432,772) 8 Income tax expense - deferred 29 21,942 - XII Total income tax expense (552,728) (432,772) XIII Net profit after tax 1,700,169 1,183,083 XV Basic earnings per share (VND/share) 30 3,148 2,293 Approved by: CASH FLOWS FROM OPERATING ACTIVITIES 01 Interest and similar income received 6,647,389 5,783,040 02 Interest and similar expenses paid (4,544,204) (3,929,514) 03 Fee and commission income received 641,059 482,877 04 Net receipts from foreign currencies, gold and 422,393 952,895 securities trading activities 05 Other income received 31,410 2,884 06 Proceeds from loans previously written off 146,781 7,410 07 Operating and salary expenses payments (1,108,714) (867,046) 08 Income tax paid (706,271) (173,343) Net cash inflows from operating activities before changes in operating assets and liabilities 1,529,843 2,259,203 Changes in operating assets 09 Balance with and loans to credit institutions (3,793,126) (897,531) 10 Securities held for trading and investment securities (3,387,701) (3,803,715) 11 Derivatives and other financial assets (16,605) (29,907) 12 Loans and advances to customers (15,995,738) (6,135,574) 14 Other assets (2,572,282) (1,285,923) Changes in operating liabilities 15 Amounts due to the Government and SBV 3,932,348 (301,993) 16 Deposits and borrowings from other credit institutions 1,375,817 511,366 17 Deposits from customers 22,729,677 15,141,147 18 Valuable papers issued 2,274,772 1,011,078 19 Other borrowed and entrusted funds 1,400,865 70,791 21 Other liabilities 374,548 275,149 22 Utilisations of reserves (1,815) (39,247) I NET CASH INFLOWS FROM OPERATING ACTIVITIES 7,850,603 6,774,844 CASH FLOWS FROM INVESTING ACTIVITIES 01 Payments for purchases of fixed assets (211,513) (219,527) 07 Payments for investments in other entities 757 (29,495) 09 Dividends received from long-term investments 28,441 79,582 II NET CASH OUTFLOWS FROM INVESTING ACTIVITIES (182,315) (169,440) Tran Van Chien Chief Accountant Nguyen Duc Vinh Chief Executive Officer The accompanying notes are an integral part of the consolidated financial statements The accompanying notes are an integral part of the consolidated financial statements 78 READY FOR BREAKTHROUGH TECHcOMBANK ANNUAL REPORT 2009 79
Page 1 and 2: Ready for Breakthrough Annual Repor
Page 3 and 4: Message from Chairman of the Board
Page 5 and 6: With sound strategies, Techcombank
Page 7 and 8: 1 3 4 5 2 8 9 7 6 6 9 3 4 1 2 5 8 7
Page 9 and 10: 5 4 2 1 3 7 6 MANAGEMENT STRUCTURE
Page 11 and 12: GENERAL SHAREHOLDERS MEETING BOARD
Page 13 and 14: RETAIL BANKING RETAIL BANKING Onlin
Page 15 and 16: CORPORATE BANKING CORPORATE BANKING
Page 17 and 18: CORPORATE BANKING CORPORATE BANKING
Page 19 and 20: Risk Management Risk Management Rep
Page 21 and 22: Human ResourceS HUMAN RESOURCES 200
Page 23 and 24: TECHNOLOGY TECHNOLOGY The applicati
Page 25 and 26: BRANDing BRANDing Major Techcombank
Page 27 and 28: ORGANIZATIONAL RESTRUCTURE - STRATE
Page 29 and 30: Corporate Information (*) Banking L
Page 31 and 32: Separate balance sheet as at 31 Dec
Page 33 and 34: Notes to the separate financial sta
Page 39: Consolidated balance sheet as at 31
Page 43 and 44: Techcombank continued to expand the
Page 45 and 46: TECHCOMBANK DISTRIBUTION NETWORK As

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