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) |