Consolidated Statement of Financial Position As at 31 December 2018 (thousands of Georgian Lari) Notes 2018 2017 2016 Assets Cash and cash equivalents 7 1,215,799 1,582,435 1,573,610 Amounts due from credit institutions 8 1,305,216 1,225,947 1,054,983 Investment securities 9 2,019,017 1,564,869 1,286,003 Loans to customers and finance lease receivables 10 9,397,747 7,690,450 6,648,482 Accounts receivable and other loans 2,849 38,944 128,506 Insurance premiums receivable – 30,573 46,423 Prepayments 44,294 149,558 76,277 Inventories 13,292 100,194 188,344 Investment properties 11 151,446 353,565 288,227 Property and equipment 12 344,059 988,436 1,288,594 Goodwill 13 33,351 55,276 106,986 Intangible assets 12 83,366 60,980 58,907 Income tax assets 14 19,451 2,293 24,043 Other assets 15 126,008 188,732 184,791 Assets held for sale 42,408 – – Assets of disposal group held for sale – 1,136,417 – Total assets 14,798,303 15,168,669 12,954,176 Liabilities Client deposits and notes 16 8,133,853 6,712,482 5,382,698 Amounts owed to credit institutions 17 2,994,879 3,155,839 3,470,091 Debt securities issued 18 1,730,414 1,709,152 1,255,643 Accruals and deferred income 47,063 132,669 130,319 Insurance contract liabilities – 46,402 67,871 Income tax liabilities 14 28,855 20,959 27,718 Other liabilities 15 64,966 142,133 231,623 Liabilities of disposal group held for sale – 516,663 – Total liabilities 13,000,030 12,436,299 10,565,963 Equity 20 Share capital 1,618 1,151 1,154 Additional paid-in capital 480,555 106,086 183,872 Treasury shares (51) (66) (54) Other reserves 30,515 122,082 74,399 Retained earnings 1,277,732 2,180,415 1,872,496 Reserves of disposal group held for sale – 10,934 – Total equity attributable to shareholders of the Group 1,790,369 2,420,602 2,131,867 Non-controlling interests 7,904 311,768 256,346 Total equity 1,798,273 2,732,370 2,388,213 Total liabilities and equity 14,798,303 15,168,669 12,954,176 The financial statements on pages 166 to 283 were approved by the Board of Directors on and signed on its behalf by: Archil Gachechiladze Chief Executive Officer 27 March 2019 Registered No. 10917019 The accompanying Notes on pages 177 to 283 are an integral part of these financial statements. 166 Annual Report 2018Bank of Georgia Group PLC