| Eur mn. except where indicated ow |
2012 |
2011 |
2010 |
2009 |
2008 |
2007 |
|
|
|
|
|
|
|
|
CONSOLIDATED INCOME STATEMENT
|
|
|
|
|
|
|
|
Net interest income
|
1,180.5 |
1,181.6 |
1,164.0 |
1,200.9 |
1,086.2 |
953.7 |
|
Fees and Commissions
|
828.4 |
790.5 |
806.9 |
717.9 |
636.2 |
643.4 |
|
Commercial Banking Income
|
2,008.9 |
1,972.1 |
1,970.9 |
1,918.8 |
1,722.4 |
1,597.1 |
|
Capital Markets and Other results
|
698,5 |
-21.9 |
432.9 |
530.6 |
165.7 |
404.1 |
| Banking income |
2,578.5 |
1,950.2 |
2,403.8 |
2,449.4 |
1,888.1 |
2,001.2 |
| Operating costs |
1,149.1 |
1,129.2 |
1,123.1 |
1,006.1 |
984.7 |
938.2 |
| Net Provisions |
1199,2 |
848.3 |
533.6 |
708.8 |
375.8 |
262.9 |
| Net income |
96,1 |
-108.8 |
556.9 |
571.7 |
419.2 |
619.6 |
|
|
|
|
|
|
|
|
CONSOLIDATED BALANCE SHEET
|
|
|
|
|
|
|
| Total assets (1) |
97,765 |
98,589 |
104,912 |
105,917 |
97,882 |
93,606 |
| Net assets |
83,691 |
80,237 |
83,028 |
81,702 |
74,244 |
68,142 |
| Customer Funds |
56,188 |
54,383 |
55,988 |
60,595 |
55,698 |
55,445 |
|
Customer loans (gross)
|
50,399 |
51,211 |
52,606 |
50,531 |
48,198 |
43,161 |
|
|
|
|
|
|
|
|
RETURN AND EFFICIENCY
|
|
|
|
|
|
|
| Cost / Income (%) |
44.6 |
57.9 |
46.7 |
41.1 |
52.2 |
46.9 |
| Operating Costs / Total Assets (%) |
0.11 |
1.15 |
1.07 |
0.95 |
1.01 |
1.00 |
| Return on equity (ROE) |
-0.1 |
-0.1 |
9.4 |
11.0 |
10.2 |
17.0 |
| Return on Assets (ROA) |
0.12 |
0.00 |
0.66 |
0.73 |
0.59 |
1.00 |
| Assets per Employee |
9,832 |
9,996 |
10,641 |
11,898 |
10,945 |
11,158 |
|
|
|
|
|
|
|
|
RISK MANAGEMENT (%)
|
|
|
|
|
|
|
| Coverage of overdue loans > 90 days |
136.9 |
154.5 |
173.0 |
191.5 |
219.0 |
228.8 |
|
Overdue loans > 90 days / Gross loans
|
3.90 |
2.74 |
1.95 |
1.60 |
1.09 |
1.00 |
|
|
|
|
|
|
|
|
SOLVENCY (%)(2)
|
|
|
|
|
|
|
| Core Tier I |
10.5 |
9.2 |
7.9
|
8.0
|
6.1
|
6.6
|
| Tier I ratio |
10.4 |
9.4 |
8.8 |
8.3 |
7.1 |
7.5 |
|
Total capital
|
11.4 |
10.7 |
11.3 |
11.2 |
11.3 |
11.5 |
|
|
|
|
|
|
|
|
RATINGS
|
|
|
|
|
|
|
| Short term |
|
|
|
|
|
|
| STANDARD AND POOR'S |
B |
B |
A2 |
A1 |
A1 |
A1 |
| MOODY'S |
NP |
NP |
P1 |
P1 |
P1 |
P1 |
| DBRS |
R2 (M) |
R2 (H) |
n.r. |
n.r. |
n.r. |
n.r. |
|
|
|
|
|
|
|
|
| Long Term |
|
|
|
|
|
|
| STANDARD AND POOR'S |
BB- |
BB |
A- |
A |
A |
A |
| MOODY'S |
Ba3 |
Ba2 |
A2 |
A1 |
Aa3 |
Aa3 |
| DBRS |
BBBL |
BBB |
n.r. |
n.r. |
n.r. |
n.r. |
|
|
|
|
|
|
|
|
SHARE INFORMATION
|
|
|
|
|
|
|
| Nº Shares Outstanding (3) (thousand) |
4,017.928 |
1,461.240 |
1,166.666 |
1,166.666 |
500.000 |
500.000 |
| Last Price (3) (euro) |
0.895 |
1.35 |
2.88 |
4.57 |
6.69 |
15.00 |
|
Market Capitalization (euro billion)
|
3.595 |
1.972 |
3.360 |
5.332 |
3.345 |
7.500 |
| Gross Dividend per share (euro) |
- |
- |
0.126 |
0.140 |
0.160 |
0.480 |
| Payout Ratio - consolidated (%) |
- |
- |
26.4 |
35.4 |
19.9 |
39.5 |
|
|
|
|
|
|
|
|
ADDITIONAL INFORMATION
|
|
|
|
|
|
|
| Number of employees |
9.944 |
9.863 |
9.858 |
8.902 |
8.943 |
8.389 |
| Number of branches |
775 |
801 |
828 |
799 |
803 |
757 |
|
|
|
|
|
|
|
| Note: In December 2011 BES Group changed the accounting policy for booking actuarial differences determined in post employment benefit liabilities. which are now recognised under Other Comprehensive Income (OCI). As provided for in IAS 8, changes in accounting policies with material impact require the restatement of prior periods for comparison purposes |
|
|
|
|
|
|
|
|
|
(1) Net Assets + Asset Management + Off-balance sheet funds + Securitised credit
(2) 2007 ratios calculated under Basel I; 2008 and 2009 Basel II ratios assume the IRB Foundation approach; Estimated figures for 2009
(3) Price not adjusted for share capital increases
|
|
|
|
|
|
|
|