Notes to Consolidated Financial Statements continued Thousands of Georgian Lari 6. Segment Information continued The following table presents the income statement and certain asset and liability information regarding the Group’s operating segments as at and for the year ended 31 December 2018: Investment Banking Business Business Corporate Other Banking Inter– Retail Investment Banking Business Banking Investment Business Banking Banking BNB Business eliminations Business Business eliminations Group total Net interest income 546,872 165,723 25,894 1,069 46 739,604 – 2,149 741,753 Net fee and commission income 118,858 26,680 7,805 (168) 7 153,182 – (520) 152,662 Net foreign currency gain (loss) 56,358 54,702 16,605 1,772 – 129,437 – (675) 128,762 Net other income 1,371 6,699 746 (117) (884) 7,815 – (553) 7,262 Revenue 723,459 253,804 51,050 2,556 (831) 1,030,038 – 401 1,030,439 Operating expenses (264,424) (78,321) (32,261) (4,342) 831 (378,517) – 1,665 (376,852) Profit from associates 1,339 – – – – 1,339 – – 1,339 Operating income (expense) before cost of risk 460,374 175,483 18,789 (1,786) – 652,860 – 2,066 654,926 Cost of risk (130,714) (25,888) (3,070) (553) – (160,225) – – (160,225) Net operating income (loss) before non-recurring items 329,660 149,595 15,719 (2,339) – 492,635 – 2,066 494,701 Net non-recurring items (35,110) (13,630) (716) (7,872) – (57,328) – 172 (57,156) Profit (loss) before income tax 294,550 135,965 15,003 (10,211) – 435,307 – 2,238 437,545 Income tax (expense) benefit (36,292) (16,827) (3,546) – – (56,665) – – (56,665) Profit (loss) for the year from continuing operations 258,258 119,138 11,457 (10,211) – 378,642 – 2,238 380,880 Profit from discontinued operations – – – – – – 110,136 (2,238) 107,898 Profit (loss) for the year 258,258 119,138 11,457 (10,211) – 378,642 110,136 – 488,778 Assets and liabilities Total assets 9,571,500 4,559,037 680,550 137,203 (149,987) 14,798,303 – – 14,798,303 Total liabilities 8,455,246 3,955,420 595,287 144,064 (149,987)13,000,030 – – 13,000,030 Other segment information Property and equipment 62,738 6,642 1,841 42 – 71,263 – – 71,263 Intangible assets 39,256 3,389 1,343 67 – 44,055 – – 44,055 Capital expenditure 101,994 10,031 3,184 109 – 115,318 – – 115,318 Depreciation and amortisation (39,134) (4,945) (1,363) – – (45,442) – – (45,442) 214 Annual Report 2018Bank of Georgia Group PLC