GESCHÄFTSBERICHT 2003 - HYPO Steiermark

(in million euro) Hypo-Bank
PROFIT AND LOSS ACCOUNT 2003 2002
1. Interest revenue 170,4 176,8
2. Interest payable –109,3 –119,8
I. NET INTEREST INCOME 61,1 57,0
3. Revenue from securities and participations 2,5 1,6
4. Revenue from commissions 9,3 9,0
5. Expenditure on commission –1,2 –0,6
6. Revenue from / expenditure on finance transactions 6,7 5,1
7. Other operating income 1,4 0,9
II. OPERATING INCOME 79,8 73,0
8. General administration expenses –43,4 –39,5
9. Value adjustment in respect of assets in asset items 9 and 10 –3,1 –3,0
10. Other operating expenses –0,3 –0,4
III. OPERATING EXPENSES –46,8 –42,9
IV. OPERATING RESULT 33,0 30,1
11./12. Income-/Expensesbalance of the disposal
and valuation on receivables –15,0 –17,3
13./14. Income-/Expensesbalance of the disposal
and valuation on securities treated as fixed assets, investments
and shares in affiliated companies 0,1 0,2
V. RESULT OF ORDINARY BUSINESS ACTIVITY 18,1 13,0
15. Extraordinary income 0,0 0,0
16. Extraordinary expenses 0,0 0,0
17. Extraordinary result 0,0 0,0
18. Taxes on income and earnings -5,5 -4,0
19. Other taxes not included in item 18 0,0 0,0
VI. ANNUAL SURPLUS 12,6 9,0
20. Allocation to or liquidation of reserves -11,3 -7,8
VII. YEAR´S PROFIT = BALANCE SHEET PROFIT 1,3 1,2
FINANCIAL STATEMENT
53