Financial information

Globally recognized, Truthfulness, Collaborative strength

Consolidated statement of Financial position

/Audited/

ASSETS /MNT’000/	2023	2022	2021
TOTAL ASSETS	133,468,951	76,858,757	39,306,562
Cash and cash equivalents	7,885,968	5,217,581	4,903,678
Loans and advances to customers	123,462,373	69,586,280	32,426,047
Other assets	513,258	1,062,739	1,136,952
Property and equipment	1,251,810	591,062	392,047
Intangible assets	355,542	401,905	447,838

LIABILITIES /MNT’000/	2023	2022	2021
TOTAL LIABILITIES	90,737,012	52,628,856	19,492,689
Bonds payable	12,058,824	10,756,377	7,321,652
Trust payable	36,466,250	21,688,257	7,753,394
Bank loans	25,974,117	8,835,342	–
Asset-backet securities	4,798,243	4,679,661	–
Sub-ordinated debt	2,946,486	2,945,887	2,946,544
Other payable	8,493,092	3,723,332	1,471,099

EQUITY /MNT’000/	2023	2022	2021
TOTAL LIABILITIES AND EQUITY	133,468,951	76,856,757	39,306,562
Ordinary shares	10,756,859	10,756,859	10,756,859
Treasury shares	(2,337,547)	(2,337,547)	(2,337,547)
Other	57,348	57,378	57,378
TOTAL EQUITY	42,731,939	24,229,901	19,813,873

Consolidated statement of Profit or Loss and other comprehensive income

/Audited/

/MNT’000/	2023	2022	2021
Net profit	19,795,816	5,524,981	3,890,911
Interest and similar income	47,842,587	20,214,948	12,491,742
Interest and similar expense	(9,527,344)	(3,949,884)	(2,798,653)
Net interest and similar income	38,315,243	16,265,064	9,693,089
Credit loss expense	(2,684,956)	(1,438,655)	725,556
Operating income	35,630,287	14,826,409	10,418,645
Administrative and operating expenses	(10,259,564)	(8,294,163)	(5,947,174)
Profit before income tax	25,370,723	6,532,246	4,471,471
Income tax expense	–	–	(110,996)