Consolidated income statement - 5 year overview

  2005 2006 2007 2008 2009
1) Following changes to accounting principles applied in preparing the 2007 financial statements, the corresponding line items from 2005 and 2006 were reclassified.
2) To facilitate like-for-like comparisons, 2008 figures were adjusted following the reclassification of certain fees and commissions.
           
Interest and discount income 805.4 855.5 1 024.1 1 023.2 783.3
Interest and dividend income from financial investments 40.1 39.6 40.3 43.1 51.2
Interest expense – 384.8 – 414.4 – 559.4 – 562.2 – 327.0
Net interest income 460.7 480.7 505.0 504.1 507.5
           
Fees and commissions on lending operations2 33.3 34.2 39.5 51.5 58.9
Fees and commissions on securities and investment transactions1 291.6 336.7 356.0 298.9 276.6
Fees and commissions on other services2 66.8 75.2 73.6 62.4 64.6
Fee and commission expense1 – 62.4 – 79.3 – 84.3 – 72.8 – 71.5
Net fee and commission income 329.3 366.8 384.8 340.0 328.6
           
Net trading income1 97.0 94.4 73.5 37.0 98.6
           
Profit on disposal of financial investments 18.4 26.5 54.4 24.9 14.9
Total income from holdings 3.5 4.6 5.5 5.0 7.8
of which holdings accounted for using the equity method 0.8 0.9 0 0 0
of which other non-consolidated holdings 2.7 3.7 5.5 5.0 7.8
Real-estate income 9.7 6.8 8.6 12.5 11.2
Miscellaneous ordinary income 119.1 121.4 56.9 12.2 11.9
Miscellaneous ordinary expenses 0 0 – 1.2 – 7.8 – 4.9
Other ordinary income 150.7 159.3 124.2 46.8 40.9
           
Total income from ordinary banking operations 1 037.7 1 101.2 1 087.5 927.9 975.6
           
Personnel costs – 364.3 – 378.5 – 347.8 – 310.3 – 316.4
Other operating expenses – 187.7 – 186.6 – 210.7 – 194.3 – 189.2
Operating expenses – 552.0 – 565.1 – 558.5 – 504.6 – 505.6
           
Operating profit 485.7 536.1 529.0 423.3 470.0
Depreciation and write-offs on fixed assets – 91.1 – 91.1 – 85.2 – 76.8 – 79.0
Value adjustments, provisions and losses – 16.0 – 7.7 – 9.6 – 16.1 – 18.0
Profit on ordinary banking operations before extraordinary items and taxes 378.6 437.3 434.2 330.4 373.0
Extraordinary income 211.0 244.2 282.8 129.5 16.9
Extraordinary expenses – 112.5 – 123.8 – 141.2 – 0.8 – 0.3
Taxes – 20.3 – 23.3 – 98.5 – 101.4 – 88.2
Net profit before minority interests 456.8 534.4 477.3 357.7 301.4
Minority interests – 2.6 – 4.2 – 3.9 – 1.4 – 0.8
Net profit 454.2 530.2 473.4 356.3 300.6