35
Annual financial statements
Breakdown of the income statement for 2014
2014
2013
euros
euros
Thousands of
euros
Thousands of
euros
1.
Interest and similar income
Of which:
218,588,201.47
234,975
From fixed-interest securities
57,629,444.61
57,753
2.
Interest and similar expenses
163,736,374.05
178,795
I.
NET INTEREST INCOME
54,851,827.42
56,180
3.
Income from securities and investments
a) Income from equities, other equity interests
and variable-interest securities
753,570.00
254
b) Income from investments
14,220,456.56
14,201
c) Income from shares in
affiliated companies
2,571,299.02
17,545,325.58
3,372
17,827
4.
Commission income
30,725,322.38
30,720
5.
Commission expenses
8,613,850.74
8,288
6.
Profit/loss from financial transactions
2,071,333.85
3,106
7.
Other operating income
11,130,049.35
11,334
II.
OPERATING INCOME
107,710,007.84
110,879
8.
General administrative costs
a) Personnel costs
Of which:
33,869,553.65
38,892
aa) Wages and salaries
22,946,420.26
24,711
bb) Costs of statutory social-security charg-
es and income-dependent charges and
compulsory contributions
5,714,520.58
6,284
cc) Other social security costs
937,798.23
1,050
dd) Pension and welfare costs
3,629,247.55
3,776
ee) Allocation to pension provision
–871,496.00
451
ff) Costs of redundancy payments and
contributions to company employee
welfare funds
1,513,063.03
2,620
b) Other administrative costs (operating ex-
penses)
26,105,963.23
59,975,516.88
26,894
65,786
9.
Impairments of the assets included in asset
items 9 and 10
2,391,053.61
2,557
10. Other operating expenses
3,021,749.05
1,696
III. TOTAL OPERATING COSTS
65,388,319.54
70,039
IV. OPERATING PROFIT
42,321,688.30
40,840
