TlB Annual Report 2009 - Triodos Bank
TlB Annual Report 2009 - Triodos Bank
TlB Annual Report 2009 - Triodos Bank
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Key figures in US-dollars<br />
amounts in millions of US-dollars #<br />
<strong>2009</strong> 2008 2007 2006 2005<br />
Financial<br />
Equity 453 284 295 163 142<br />
Number of depository receipt holders 14,778 11,797 12,084 9,039 9,271<br />
Funds entrusted 3,723 2,890 2,380 1,786 1,268<br />
Number of accounts 228,030 169,517 130,644 102,318 87,989<br />
Loans 2,393 1,768 1,500 1,125 787<br />
Number 14,438 9,381 6,181 3,977 3,682<br />
Balance sheet total 4,304 3,289 2,775 2,026 1,445<br />
Funds under management* 2,701 1,918 2,104 1,689 1,278<br />
Total assets under management 7,005 5,207 4,879 3,715 2,723<br />
Total income 127.3 102.6 87.2 60.5 43.3<br />
Operating expenses -101.5 -77.3 -70.3 -48.4 -34.7<br />
Value adjustments to receivables<br />
Value adjustments to participating<br />
-7.2 -4.4 0.9 -0.4 0.6<br />
interests -0.7 -1.4 — — —<br />
Operating result before taxation 17.9 19.5 17.8 11.7 9.2<br />
Taxation on operating result -4.2 -5.4 -4.6 -3.6 -2.9<br />
Net profit 13.7 14.1 13.2 8.1 6.3<br />
Solvency (BIS ratio)** 16.3% 13.0% 16.8% 13.5% 14.3%<br />
Operating expenses/total income 80% 75% 81% 80% 80%<br />
Return on equity in % 4.2% 5.0% 5.6% 5.0% 5.0%<br />
Per share (in USD)<br />
Net asset value at year end 102 97 103 91 79<br />
Net profit*** 4.29 4.88 5.67 4.48 3.99<br />
Dividend 2.81 2.71 2.87 2.37 1.95<br />
Social<br />
Number of co-workers at year end**** 576 477 397 349 301<br />
Co-worker turnover 10% 14% 18% 20% 19%<br />
Women as percentage of management team 27% 29% 33% 33% 36%<br />
Training costs per fte in USD<br />
Ratio between the highest<br />
1,899 1,719 1,750 1,279 1,255<br />
and the lowest salary 8.5 7.7 7.3 7.0 6.8<br />
Environment<br />
Emission of CO2 (1,000 kg)***** 2,604 2,097 1,454 1,163 1,013<br />
CO2 compensation 100% 100% 100% 100% 100%<br />
# Converted to US-dollars at the mid-market exchange rate applying at each year end.<br />
* Including funds under management with affiliated parties that have not been included in the consolidation.<br />
** With effect from 2008, the solvency is calculated in accordance with the new Basel II directives. The comparable figure for 2007 has been adjusted.<br />
*** The figure of net profit per share is calculated on the average number of issued shares in circulation during the financial year.<br />
**** Concerns all co-workers employed by <strong>Triodos</strong> <strong>Bank</strong> NV, excluding co-workers employed by the joint venture <strong>Triodos</strong> MeesPierson. The comparable<br />
figure for 2008 has been adjusted.<br />
***** The CO2 calculation method was changed in <strong>2009</strong> and the comparable figure for 2008 has been recalculated.
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