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Part 1: Financial Institution (Bank) Performance - Data Extraction From Bank's ...

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Part 1: Financial Institution (Bank) Performance - Data Extraction From Bank's Financial Statements

The financial system consists of financial

institutions and financial markets. Financial institutions play a critical role

in the financial system, facilitating the flow of funds from savers to

borrowers and offering a wide range of financial products and services. The

performance of financial institutions (e.g., commercial banks) is pivotal,

impacting not just the entities themselves but also the broader economy, their

customers, and the overall financial system.

The table below presents the Net Profit, Interest Income, Interest Expenses, Total Assets, and Total Equity for DBS Group Holdings Ltd for the years 2019 to 2021. Your task is to use the downloaded annual report to extract the corresponding financial data for the years 2022 and 2023 from the income statement and balance sheet. 

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What

is the Net Profit for the year 2022? 

Instructions: Once you have identified the requested financial variable value, enter it in the blank space below, following the format shown in the table above. DO NOT include the Singapore dollar sign ($), DO NOT convert the value into millions or thousands, DO NOT include decimal points, and DO NOT add spaces between the digits. For example, if the value is 10,500, enter it exactly as 10,500.

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