Income Statement

(figures in thousand of euros)

    Change
    30/09/2017 30/09/2016 absolute %
10 - INTEREST AND SIMILAR INCOME 354,572 412,240 -57,668 (14.0)
20 - INTEREST AND SIMILAR EXPENSE -173,681 -212,773 39,092 (18.4)
30 - NET INTEREST INCOME 180,891 199,467 -18,576 (9.3)
40 - FEE AND COMMISSION INCOME 204,836 208,661 -3,825 (1.8)
50 - FEE AND COMMISSION EXPENSE -23,662 -25,415 1,753 (6.9)
60 - NET FEE AND COMMISSION INCOME 181,174 183,246 -2,072 (1.1)
70 - DIVIDENDS AND SIMILAR INCOME 10,625 14,077 -3,452 (24.5)
80 - NET PROFIT (LOSS) FROM TRADING 8,126 7,743 383 4.9
90 - NET PROFIT (LOSS) FROM HEDGING -922 -1,994 1,072 (53.8)
100 - PROFITS (LOSSES) ON DISPOSAL OR REPURCHASE OF: -108,266 43,387 -151,653
  a) loans -111,481 -4 -111,477
  b) financial assets available for sale 1,411 36,330 -34,919 (96.1)
  d) financial liabilities 1,804 7,061 -5,257 (74.5)
110 - PROFITS (LOSSES) FROM FINANCIAL ASSETS/LIABILITIES DESIGNATED AT FAIR VALUE -1,117 -1,682 565 (33.6)
120 - NET INTEREST AND OTHER BANKING INCOME 270,511 444,244 -173,733 (39.1)
130 - NET LOSSES/REVERSALS ON IMPAIRMENT OF: -192,548 -378,783 186,235 (49.2)
  a) loans -175,071 -382,490 207,419 (54.2)
  b) financial assets available for sale -13,658 -716 -12,942
  d) other financial transactions -3,819 4,423 -8,242
140 - NET INCOME FROM BANKING ACTIVITIES 77,963 65,461 12,502 19.1
170 - NET INCOME FROM BANKING AND INSURANCE ACTIVITIES 77,963 65,461 12,502 19.1
180 - ADMINISTRATIVE EXPENSES: -416,846 -432,826 15,98 (3.7)
  a) personnel expenses -225,661 -225,863 202 (0.1)
  b) other administrative expenses -191,185 -206,963 15,778 (7.6)
190 - NET PROVISIONS FOR RISKS AND CHARGES -22,681 -3,392 -19,289
200 - NET ADJUSTMENTS TO/ RECOVERIES ON PROPERTY AND EQUIPMENT -11,355 -14,436 3,081 (21.3)
210 - NET ADJUSTMENTS TO/ RECOVERIES ON INTANGIBLE ASSETS -16,432 -18,196 1,764 (9.7)
220 - OTHER OPERATING INCOME/EXPENSE 54,756 64,807 -10,051 (15.5)
230 - OPERATING EXPENSES -412,558 -404,043 -8,515 2.1
240 - PROFITS (LOSSES) ON EQUITY INVESTMENTS 5,767 6,596 -829 (12.6)
260 - IMPAIRMENT ON GOODWILL - -19,942 19,942 (100.0)
270 - GAINS (LOSSES) ON DISPOSAL OF INVESTMENTS 33 38 -5 (13.2)
280 - PROFIT (LOSS) BEFORE TAX FROM CONTINUING OPERATIONS -328,795 -351,890 23,095 (6.6)
290 - TAXES ON INCOME FROM CONTINUING OPERATIONS 95,499 105,211 -9,712 (9.2)
300 - PROFIT (LOSS) AFTER TAX FROM CONTINUING OPERATIONS -233,296 -246,679 13,383 (5.4)
310 - PROFITS (LOSSES) AFTER TAX DISCONTINUED OPERATIONS 18,901 19,731 -830 (4.2)
320 - NET PROFIT (LOSS) FOR THE PERIOD -214,395 -226,948 12,553 (5.5)
330 - NON-CONTROLLING INTERESTS -3,979 -2,950 -1,029 34.9
340 - NET PROFIT (LOSS) FOR THE PERIOD ATTRIBUTABLE TO THE PARENT COMPANY -210,416 -223,998 13,582 (6.1)

* With respect to published accounts, 9M2016 balances are reflective of changes from the application of provisions of both IFRS 5 "Non-current assets held for sale and discontinued operations" and IAS 8 "Accounting policies, changes in accounting estimates and errors"