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52
Annual financial statements
2015
2014
In euros
In euros
In thousands of
euros
In thousands of
euros
IV.
OPERATING PROFIT – amount carried
forward
30,307,531.52
42,322
11./12. Net expense for impairment losses on
accounts receivable and allocations to
provisions for contingent liabilities on the
one hand, and income from the reversal of
impairment losses on receivables and from
provisions for contingent liabilities on the
other
–12,418,639.71
–19,013
13./14. Balance from valuation allowances on
securities evaluated in the same way as
financial investments, as well as income
from the reversal of valuation allowances
on securities evaluated in the same way as
financial investments, and on participating
interests and shares in affiliated companies
2,736,285.17
3,169
V.
PROFIT FROM ORDINARY ACTIVITIES
20,625,176.98
26,478
15.
Extraordinary income
0
0
of which:
Withdrawals from the fund for general
banking risks
0
0
16.
Extraordinary expenses
0
0
of which:
Allocations to the fund for general banking
risks
0
0
17.
Extraordinary result
(Subtotal from items 15 and 16)
0
0
18.
Taxes on income
–2,360,009.98
338
19.
Other taxes not posted under item 18
–5,886,033.58
–5,800
VI.
NET PROFIT FOR THE YEAR
12,379,133.42
21,016
20.
Movements in reserves
–10,678,433.08
–12,525
of which:
Allocation to liability reserve
0
0
Reversal of liability reserve
0
0
VII.
PROFIT FOR THE YEAR
1,700,700.34
8,491
21.
Profit carried forward
4,521.68
9
VIII.
NET PROFIT
1,705,222.02
8,500