Statement of profit or loss, other comprehensive income for the year ended 31 December 2023
In thousands of Mongolian tugriks
Note
31 December 2023
31 December 2022
Interest and similar income
5
23,849,060.00
18,952,657.00
Interest and similar expenses
6
(6,088,002.00)
(4,176,352.00)
Impairment losses on financial instruments
7
(1,940,293.00)
(19,058.00)
Gross Profit
15,820,765.00
14,757,247.00
Service fee income
8
13,521.00
12,980.00
General and administrative expenses
9
(5,688,580.00)
(4,845,464.00)
Gain/(loss) on revaluation
(317,829.00)
(59,675.00)
Impairment loss (intangible asset)
-
(580,080.00)
Other gain/(loss)
10
44,061.00
(955,110.00)
Other income
11
430,330.00
274,729.00
Other expenses
12
(323,413.00)
(268,107.00)
Profit before tax
9,978,855.00
8,336,520.00
Tax expense
13
(1,517,375.00)
(1,299,113.00)
Profit for the year
8,461,480.00
7,037,407.00
Other comprehensive income for the year
Revaluation gain
-
80,723.00
Income or loss revaluation reserve
-
(62,466.00)
Total comprehensive income
8,461,480.00
7,055,664.00
