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 2016: Investment Banking Business Business Corporate Other Banking Inter- Retail Investment Banking Business Banking Investment Business Group Banking Banking BNB Business eliminations Business Business eliminations total Net interest income 374,022 147,108 30,773 1,708 – 553,611 – (5,490) 548,121 Net fee and commission income 90,193 27,963 7,462 (551) (157) 124,910 – (2,433) 122,477 Net foreign currency gain (loss) 26,086 48,643 8,452 22 – 83,203 – 6,277 89,480 Net other income 3,831 10,170 (738) – (1,082) 12,181 – (1,515) 10,666 Revenue 494,132 233,884 45,949 1,179 (1,239) 773,905 – (3,161) 770,744 Operating expenses (197,626) (69,100) (20,905) (5,155) 1,239 (291,547) – 3,761 (287,786) Operating income (expense) before cost of risk 296,506 164,784 25,044 (3,976) – 482,358 – 600 482,958 Cost of risk (75,690) (76,266) (15,796) – – (167,752) – – (167,752) Net operating income (loss) before non-recurring items 220,816 88,518 9,248 (3,976) – 314,606 – 600 315,206 Net non-recurring items (32,002) (11,934) (1,419) – – (45,355) – – (45,355) Profit before income tax expense from continuingoperations 188,814 76,584 7,829 (3,976) – 269,251 – 600 269,851 Income tax (expense) benefit 20,475 11,698 (5,141) (588) – 26,444 – – 26,444 Profit (loss) for the year from continuing operations 209,289 88,282 2,688 (4,564) – 295,695 – 600 296,295 Profit from discontinued operations – – – – – – 132,881 (600) 132,281 Profit (loss) for the year 209,289 88,282 2,688 (4,564) – 295,695 132,881 – 428,576 Assets and liabilities Total assets 6,062,559 4,583,811 544,727 2,834 (70,573)11,123,358 2,307,069 (476,251) 12,954,176 Total liabilities 5,369,588 3,995,930 475,256 655 (70,573)9,770,856 1,271,358 (476,251) 10,565,963 Other segment information Property and equipment 31,705 4,855 1,407 64 – 38,031 211,860 – 249,891 Intangible assets 11,434 1,483 300 3 – 13,220 12,497 – 25,717 Capital expenditure 43,139 6,338 1,707 67 – 51,251 224,357 – 275,608 Depreciation and amortisation (30,943) (5,124) (1,140) – – (37,207) – – (37,207) 216 Annual Report 2018Bank of Georgia Group PLC