HBOR Financial performance

Financial statements of HBOR Group

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Financial statements of HBOR Group are made public in accordance with the following publication calendar:
Reporting period Type of financial statements Date of final publication
31 March / Q1 financial statements Unaudited interim 31 May
30 June / semi-annual financial statements Unaudited interim (Audited interim 2015 - 2020) 31 August
30 September / Q3 financial statements Unaudited interim 30 November
31 December / annual financial statements Audited annual 30 April next year after the year that ended on 31 December
Additional Decision of the Parliament of the Republic of Croatia on the Approval of the Annual Financial Statements After a decision has been made by the Parliament of the Republic of Croatia

Financial reporting policies of HBOR Group

The Financial Reporting Policies of the Hrvatska banka za obnovu i razvitak Group (hereinafter: HBOR Group or the Group) provide for the financial reporting framework of the Group and determine:
  • Financial statements of HBOR Group,
  • Basis for the preparation of financial statements,
  • Objective and purpose of financial reporting,
  • Principles of financial reporting,
  • Publication of financial statements with publication calendar,
  • Audit of annual financial statements.
HBOR Group is comprised of Hrvatska banka za obnovu i razvitak (hereinafter: HBOR or the parent company) as the parent company and all companies under its control – direct or indirect. more...

Breakdown of the most significant financial information In HRK millions – based on audited data

  2022 2021 2020 2019 2018
Total assets 29,060.2 28,278.4 28,706.5 26,470.6 27,219.0
Gross loans 27,903.3 26,329.3 27,197.3 26,571.1 26,243.1
Total equity 10,715.1 10,576.8 10,363.7 10,274.6 10,061.1
Total income 698.3 741.3 669.4 713.7 801.4
Total expense (508.8) (553.1) (587.9) (559.4) (596.7)
Profit 189.5 188.2 81.5 154.3 204.7
Interest income 629.2 677.4 622.5 665.9 733.1
Interest expense (158.4) (184.6) (244.2) (311.6) (356.1)
Net interest income 470.8 492.8 378.3 354.3 377.0

 

In EUR millions – based on audited data (at the middle exchange rate of the Croatian National Bank as of 31 December of the respective year)

  2022 2021 2020 2019 2018
Total assets 3,856.9 3,761.8 3,808.8 3,556.6 3,669.5
Gross loans 3,703.4 3,502.6 3,608.6 3,570.1 3,538.0
Total equity 1,422.1 1,407.0 1,375.1 1,380.5 1,356.4
Total income 92.7 98.6 88.8 95.9 108.0
Total expense (67.5) (73.6) (78.0) (75.2) (80.4)
Profit 25.2 25.0 10.8 20.7 27.6
Interest income 83.5 90.1 82.6 89.5 98.8
Interest expense (21.0) (24.6) (32.4) (41.9) (48.0)
Net interest income 62.5 65.6 50.2 47.6 50.8
Please note that translated figures are of informative nature only and the result of conversion and therefore could not be considered as confirmed by the auditors.