Balance sheet
as of IV quarter 2008
JSCB "INDUSTRIALBANK", Zaporozhye

(UAH thousand)

Tier / Item / At the reporting date of current quarter / At the end of previous financial year
1 /
2
/
3
/ 4
ASSETS
1 / Balance with National bank of Ukraine and cash of the bank / 226891 / 171593
2 / Securities that are refinanced by National Bank of Ukraine / 0 / 3035
2.1 / Reserve under debt securities depreciation, that are refinanced by National Bank of Ukraine / 0 / 0
2.2 / Reserves in percents to asset / 0 / 0
3 / Funds with other banks / 916560 / 598093
3.1 / Reserves under other banks debt / (2694) / (2930)
3.2 / Reserves in percents to asset / 0 / 0
4 / Securities in trade portfolio of the bank / 0 / 0
5 / Securities in portfolio of the bank for sale / 357598 / 308571
5.1 / Reserves under securities depreciation in portfolio of the bank for sale / (5194) / (5371)
5.2 / Reserves in percents to asset / 1 / 2
6 / Loans granted: / 2682253 / 2245744
6.1 / To legal entities / 2298361 / 1862163
6.2 / To individuals / 383892 / 383581
6.3 / Reserves under loan indebtedness / (180762) / (130659)
6.4 / Reserves in percents to asset / 7 / 6
7 / Securities before maturity / 68916 / 106668
7.1 / Reserves under securities depreciation before maturity / (1443) / (2512)
7.2 / Reserves in percents to asset / 2 / 2
8 / Investment in associated companies and subsidiaries / 0 / 4444
9 / Fixed assets / 199358 / 204235
10 / Intangible assets / 10254 / 5247
11 / Accrued income before receiving: / 46184 / 18977
11.1 / Including overdue accrued income / 1478 / 676
11.2 / Including doubtful accrued income / 5006 / 3705
11.3 / Reserves under accrued income indebtedness / (5206) / (3964)
11.4 / Reserves in percents to asset / 80 / 90
12 / Deferred tax asset / 2157 / 2157
13 / Other assets / 61086 / 66456
13.1 / Reserves under other assets / (190) / (283)
13.2 / Reserves in percents to asset / 9 / 6
14 / Long-term assets for sale / 0 / 0
14.1 / Reserves for decrease of investments’ utility in associated companies and subsidiaries for sale / 0 / 0
14.2 / Reserves in percents to asset / 0 / 0
15 / Total assets / 4375768 / 3589501
Tier / Item / At the reporting date of current quarter / At the end of previous financial year
1 /
2
/
3
/ 4
Liabilities
16 / Other banks funds / 466164 / 369897
17 / Legal entities funds / 2230267 / 1891685
18 / Individuals funds / 1015473 / 801162
19 / Save (deposit) certificates issued by the bank / 0 / 0
20 / Debt securities issued by the bank / 0 / 0
21 / Expenses accrued to be paid / 22450 / 17353
22 / Deferred tax liabilities / 35827 / 22852
23 / Other liabilities / 47826 / 19972
24 / Total liabilities / 3818007 / 3122921
EQUITY CAPITAL
25 / Share capital / 334667 / 309877
26 / Own shares (stakes, holdings) redempted from shareholders (members) / (25) / (96)
27 / Issuing differences / 8022 / 8051
28 / Reserves, capitalized dividends and other funds of the bank / 85871 / 83598
29 / Fixed assets revaluation reserves, including: / 10387 / 10723
29.1 / Property revaluation reserves / 3617 / 3618
29.2 / Revaluation reserves for intangible assets / 0 / 0
30 / Securities revaluation reserves / (5641) / 3358
31 / Previous years income/loss / 24421 / 6121
32 / Current year income/loss / 100059 / 44948
33 / Total equity capital / 557761 / 466580
34 / Total liabilities / 4375768 / 3589501

Acting Chairman of Board ______Samardack G.V.

Chief Accountant ______Grebeshkova T.V.

Financial Statement
as of IVquarter 2008
JSCB "INDUSTRIALBANK", Zaporizhzhya

(UAH thousand)

Tier /
Article
/ As of reporting date of the quarter of
current year / previous financial year
1 /
2
/ 3 / 4
1 / Net interest income / 191326 / 174557
1.1 / Interest income / 457046 / 353383
1.2 / Interest expenses / (265720) / (178826)
2 / Net commission income / 79476 / 86433
2.1 / Commission income / 89817 / 96924
2.2 / Commission expenses / (10341) / (10491)
3 / Trade income / 104437 / 7247
4 / Dividend income / 0 / 0
5 / Capital related income / 0 / 0
6 / Other income / 6989 / 5421
7 / Total income / 382228 / 273658
8 / Common administrative expenses / (78167) / (62915)
9 / Personnel expenses / (92741) / (76007)
10 / Capital related loss / (4444) / 0
11 / Other expenses / (19600) / (14471)
12 /

Income from transactions

/ 187276 / 120265
13 /

Net expenses for reserves creation

/ (47497) / (36681)
14 / Profit/ loss from long-term assets for sale / 0 / 0
15 /

Income before taxation

/ 139779 / 83584
16 / Income tax / (41152) / (38638)
17 /

Profit after taxation

/ 98627 / 44946
18 / Net profit/ loss from sale of long term assets for sale / 1432 / 2
19 / Net profit/ loss of the bank / 100059 / 44948

Acting Chairman of Board ______Samardack G.V.

Chief Accountant ______Grebeshkova T.V.