INCOME STATEMENT

(data in thousands of euro)

 31/12/201631/12/2015 (*)
10. INTEREST AND SIMILAR INCOME 580,521 681,703
20. INTEREST AND SIMILAR EXPENSE (281,006) (350,879)
30. NET INTEREST INCOME 299,515 330,824
40. FEE AND COMMISSION INCOME 276,730 310,054
50. FEE AND COMMISSION EXPENSE (35,675) (46,209)
60. NET FEE AND COMMISSION INCOME 241,055 263,845
70. DIVIDENDS AND SIMILAR INCOME 14,077 15,349
80. NET PROFIT (LOSS) ON TRADING 18,459 (2,533)
90. NET PROFIT (LOSS) FROM HEDGING (2,384) (4,697)
100.  PROFIT (LOSSES) ON DISPOSAL OR REPURCHASE OF: 48,810 79,544
a)   loans (3) (48)
b)   financial assets available for sale 40,302 76,723
d)   financial liabilities 8,511 2,869
110.  PROFITS (LOSSES) FROM FINANCIAL ASSETS/LIABILITIES DESIGNATED AT FAIR VALUE (3,993) (137)
120.  NET INTEREST AND OTHER BANKING INCOME 615,539 682,195
130.  NET LOSSES/REVERSALS ON IMPAIRMENT OF: (471,136) (304,300)
a)   loans (473,016) (318,694)
b)   financial assets available for sale (7,563) (1,796)
d)   financial liabilities 9,443 16,190
140.  NET INCOME FROM BANKING ACTIVITIES 144,403 377,895
170.  NET INCOME FROM BANKING AND INSURANCE ACTIVITIES 144,403 377,895
180.  ADMINISTRATIVE EXPENSES: (578,180) (660,606)
a)   personall expenses (296,072) (354,157)
b)   other administrative expenses (282,108) (306,449)
190.  NET PROVISIONS FOR RISKS AND CHARGES (21,176) (10,069)
200.  NET ADJUSTMENTS TO/ RECORIES ON PROPERTIEY AND EQUIPMENT (26,501) (21,764)
210.  NET ADJUSTMENTS TO/ RECOVERIES ON INTAGIBLE ASSETS (24,617) (27,810)
220.  OTHER OPERATING EXPENSES 88,661 98,839
230.  OPERATING EXPENSES (561,813) (621,410)
240.  PROFITS (LOSSES) ON INVESTMENTS IN ASSOCIATES AND COMPANIES SUBJECT TO JOINT CONTROL 6,596 6,644
260.  IMPAIRMENT ON GOODWILL (19,942) (57,145)
270.  GAINS (LOSSES) ON DISPOSAL OF INVESTMENTS (149) 25
280.  PROFIT (LOSS) BEFORE TAX FROM CONTINUING OPERATIONS (430,905) (293,991)
290.  TAXES ON INCOME FROM CONTINUING OPERATIONS 134,837 92,634
300.  PROFIT (LOSS) AFTER TAX FROM CONTINUING OPERATIONS (296,068) (201,357)
310.   PROFITS (LOSSES) AFTER TAX DISCONTINUED OPERATIONS - 71,216
320.  NET PROFIT (LOSS) (296,068) (130,141)
330.  MINORITY INTERESTS (4,331) (2,543)
340.  NET PROFIT (LOSS) FOR THE YEAR ATTRIBUTABLE TO THE PARENT COMPANY (291,737) (127,598)

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

 

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