51 / 68
51
Annual financial statements
Breakdown of the income statement for 2015
2015
2014
In euros
In euros
In thousands of
euros
In thousands of
euros
1.
Interest and similar income
of which:
182,356,731.86
218,588
From fixed-interest securities
54,408,779.00
57,629
2.
Interest and similar expenses
131,471,999.09
163,736
I.
NET INTEREST INCOME
50,884,732.77
54,852
3.
Income from securities and investments
a) Income from equities, other equity interests
and variable-interest securities
1,100,829.88
754
b) Income from investments
980,188.43
14,220
c) Income from shares in affiliated companies
6,824,181.14
8,905,199.45
2,571
17,545
4.
Commission income
31,514,646.44
30,725
5.
Commission expenses
8,884,761.25
8,614
6.
Profit/loss from financial transactions
1,609,792.74
2,072
7.
Other operating income
10,455,430.60
11,130
II.
OPERATING INCOME
94,485,040.75
107,710
8.
General administrative costs
a) Personnel costs
of which:
31,837,330.03
33,870
aa) Wages and salaries
20,909,867.46
22,946
bb) Costs of statutory social-security charg-
es and income-dependent charges and
compulsory contributions
5,452,684.75
5,715
cc) Other social security costs
914,471.51
938
dd) Pension and welfare costs
3,323,615.51
3,629
ee) Allocation to pension provision
–169,371.89
–871
ff) Costs of redundancy payments and
contributions to company employee
welfare funds
1,406,062.69
1,513
b) Other administrative costs (operating ex-
penses)
25,883,033.61
57,720,363.64
26,106
59,976
9.
Impairments of the assets included in asset
items 9 and 10
2,382,049.18
2,391
10. Other operating costs
4,075,096.41
3,021
III. TOTAL OPERATING COSTS
64,177,509.23
65,388
IV. OPERATING PROFIT
30,307,531.52
42,322