Annual Report of Euram Bank 2019

eurambank

Profit & Loss Account 01/01/2019–31/12/2019 01/01/2018–31/12/2018

EUR EUR TSD EUR TSD EUR

9. Value adjustments of the assets listed

in assets items 9 and 10 -175,623.67 -179

10. Other operating expenses -45,492.53 -1,456

III. OPERATING EXPENSES -12,170,010.62 -10,643

IV. OPERATING RESULTS 7,790,139.48 4,246

11. Value adjustments on claims and

allocations to provisions for contingent

liabilities and credit risk -2,926,491.30 -998

12. Value adjustements on securities,

valued like financial assets -25,800.00 -50

V. RESULT OF ORDINARY BUSINESS

OPERATION 4,837,848.18 3,197

13. Income and earnings tax -1,050,379.25 -867

VI. ANNUAL SURPLUS 3,787,468.93 2,330

14. Changes in reserves

hereof: allocation to the liabillity reserve 0.00

-3,780,000.00

0.00

-2,325

VII. ANNUAL PROFIT 7,468.93 5

15. Profit carryforward 294,928.08 290

VIII. NET PROFIT 302,397.01 295

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