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Income Statement and Balance Sheet
| 2005 | 2004 | +/- | +/- | |
|---|---|---|---|---|
| € M | € M | € M | % | |
| Profit/(loss) from ordinary activities | 282.6 | 151.7 | 130.9 | 86.3 |
| Income taxes | -31.8 | 49.7 | -81.5 | – |
| Net income/(loss) for the period | 250.8 | 201.4 | 49.4 | 24.5 |
| Net interest income | 221.4 | 82.1 | 139.3 | 169.7 |
| Income resulting from associated companies | 36.1 | 17.6 | 18.5 | 105.1 |
| Provision for loan losses | -2.8 | -11.6 | 8.8 | -75.9 |
| Net commission income | 420.2 | 184.0 | 236.2 | 128.4 |
| Net trading income | 101.5 | 67.0 | 34.5 | 51.5 |
| Net income/(loss) from non-current financial assets | 88.1 | 94.1 | -6.0 | -6.4 |
| General administrative expenses | -680.3 | -310.6 | -369.7 | 119.0 |
| Other operating income and expenses, net | 98.4 | 29.1 | 69.3 | 238.1 |
Top| 2005 | 2004 | +/- | +/- | |
|---|---|---|---|---|
| € M | € M | € M | % | |
| Cash | 381 | 194 | 187 | 96.4 |
| Financial assets at fair value | 13,597 | 4,506 | 9,091 | 201.7 |
| Due from banks | 7,035 | 2,359 | 4,676 | 198.2 |
| Due from clients | 5,834 | 3,109 | 2,725 | 87.6 |
| Allowances for loan losses | -153 | -105 | -48 | 45.7 |
| Non-current financial assets | 4,534 | 698 | 3,836 | – |
| Tangible assets | 234 | 60 | 174 | 290.0 |
| Other assets | 567 | 924 | -357 | -38.6 |
| Total assets | 32,029 | 11,745 | 20,284 | 172.7 |
| Financial liabilities at fair value | 9,480 | 2,830 | 6,650 | 235.0 |
| Due to banks | 6,948 | 372 | 6,576 | – |
| Due to clients | 11,983 | 5,949 | 6,034 | 101.4 |
| Debt securities | 744 | 767 | -23 | -3.0 |
| Provisions | 235 | 87 | 148 | 170.1 |
| Other liabilities | 534 | 234 | 300 | 128.2 |
| Subordinated capital | 341 | 0 | 341 | – |
| Shareholders’ equity | 1,764 | 1,506 | 258 | 17.1 |
| Liabilities and equity | 32,029 | 11,745 | 20,284 | 172.7 |
