Below are the financial statements of Bank of Communications, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of CNY | 2024 | 2023 |
|---|---|---|
| Interest income | 451.71a | 459.86a |
| Interest expense | -281.88a | -295.74a |
| Net interest income | 169.83a | 164.12a |
| Fee and commission income | 40.92a | 47.15a |
| Fee and commission expense | -4a | -4.14a |
| Net fee and commission income | 36.91a | 43a |
| Net gains/(losses) arising from trading activities | 21.92a | 23.22a |
| Net gains/(losses) arising from financial investments | 1.95a | 0.73a |
| Net gains on derecognition of financial assets measured at amortised cost | 0.45a | 0.04a |
| Net gains/(losses) on investments in associates and joint ventures | 0.51a | 0.36a |
| Other operating income | 29.14a | 26.58a |
| Net operating income | 260.27a | 258.01a |
| Credit impairment losses | -52.57a | -56.91a |
| Other assets impairment losses | -1.64a | -1.06a |
| Other operating expenses | -102.59a | -100.35a |
| Profit before tax | 103.48a | 99.7a |
| Income tax | -9.25a | -6.45a |
| Net profit for the year | 94.23a | 93.25a |
| Net profit attributable to | — | — |
| Shareholders of the parent company | 93.59a | 92.73a |
| Non-controlling interests | 0.64a | 0.52a |
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