Balance sheet

Assets (thousands of EUR)

   31/12/16 31/12/2015 (*)
10. CASH AND CASH EQUIVALENTS 297,412 324,395
20. FINANCIAL ASSETS HELD FOR TRADING 7,683 15,065
40. FINANCIAL ASSETS AVAILABLE FOR SALE 2,319,613 3,803,770
60. LOANS TO BANKS 1,958,763 1,220,489
70. LOANS TO CUSTOMERS 18,246,327 21,439,988
80. HEDGING DERIVATIVES 39,233 54,730
100. EQUITY INVESTMENTS 94,235 92,536
120. PROPERTY AND EQUIPMENT 761,274 783,816
130. INTAGIBLE ASSETS 56,654 78,062
goodwill - 19,942
140. TAX ASSETS 2,063,984 2,158,967
a) current 985,651 1,187,871
b) deferred 1,078,333 971,096
of which pursuant to Law no. 214/2011 617,758 650,140
160. OTHER ASSETS 265,826 307,988
TOTAL ASSETS 26,111,004 30,279,806

(*) With respect to published accounts, the balances of previous year are reflective of changes from the application of provisions of IAS 8

 

Liabilities (thousands of EUR)

 31/12/201631/12/2015 (*)
10. DUE TO BANKS 3,468,322 2,824,957
20. DUE TO CUSTOMERS 13,710,208 15,536,566
30. SECURED ISSUED 5,443,294 7,358,365
40. FINANCIAL LAIBILITIES HELD FOR TRADING 2,064 4,824
50. FINANCIAL LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 459,198 557,795
60. HEDGING DERIVATIVES 259,037 220,628
80. TAX LIABILITIES 20,464 18,303
a) current 5,918 6,735
b) deferred 14,546 11,568
100. OTHER LIABILITIES 438,198 922,239
110. EMPLOYEE TERMINATION INDEMNITIES 65,769 72,235
120. ALLOWANCES FOR RISKS AND CHARGES: 106,171 324,830
a) post-employment benefits 37,179 244,932
b) other allowances 68,992 79,898
140. VALUATION RESERVES (158,100) (198,017)
170. RESERVES (392,732) (856,518)
180. SHARE PREMIUM RESERVE 175,954 811,949
190. SHARE CAPITAL 2,791,422 2,791,422
200. TREASURY SHARES (15,572) (15,572)
210. NON-CONTROLLING INTERESTS (+/-) 29,044 33,398
220. PROFIT (LOSS) FOR THE YEAR (+/-) (291,737) (127,598)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 26,111,004 30,279,806

(*) With respect to published accounts, the balances of previous year are reflective of changes from the application of provisions of IAS 8