Consolidated Financial Report.pdf

Here is a detailed but concise summary of the content:

JSC Bank of Georgia's Consolidated Financial Statements

The bank's consolidated financial statements for 2016, prepared in accordance with International Financial Reporting Standards (IFRS), have been audited by an independent auditor.

Key Information

The consolidated financial statements include the bank's financial position, financial performance, and cash flows for the year ended December 31, 2016.
The auditor's report confirms that the consolidated financial statements present a true and fair view of the bank's financial position and performance.
The bank's management is responsible for the preparation and fair presentation of the consolidated financial statements.
The auditor's responsibility is to express an opinion on whether the consolidated financial statements are prepared in accordance with IFRS.

Audit Opinion

The auditor's opinion is that the consolidated financial statements present a true and fair view of the bank's financial position and performance for the year ended December 31, 2016, in accordance with IFRS.

Going Concern

The auditor's report states that the bank's consolidated financial statements have been prepared on a going concern basis, which assumes that the bank will continue to operate for the foreseeable future.

Responsibilities

The bank's management is responsible for the preparation and fair presentation of the consolidated financial statements, while the auditor is responsible for expressing an opinion on whether the consolidated financial statements are prepared in accordance with IFRS.

Audit Process

The auditor's report describes the audit process, including the scope of the audit, the audit procedures performed, and the auditor's conclusions.

Conclusion

The auditor's report concludes that the consolidated financial statements present a true and fair view of the bank's financial position and performance for the year ended December 31, 2016, in accordance with IFRS.