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Bilansi uspjeha - Raiffeisen Bank

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Notes to the financial statements<br />

31 December 2005 and 2004<br />

(all amounts are expressed in thousands of KM)<br />

6. FEE AND COMMISSION EXPENSE<br />

2005 2004<br />

Domestic payment transactions 473 599<br />

Correspondent accounts 146 209<br />

Borrowed funds and other bank services 2,802 4,249<br />

Total 3,421 5,057<br />

7. NET TRADING INCOME<br />

2005 2004<br />

Gains on foreign exchange transactions 6,317 5,625<br />

Losses on foreign exchange transactions (506) (487)<br />

Total 5,811 5,138<br />

8. OTHER OPERATING INCOME<br />

2005 2004<br />

Interest income from previous period 3 1,809<br />

Other income 640 551<br />

Total 643 2,360<br />

9. NET INCOME UPON DISPOSAL OF INVESTMENTS<br />

2005 2004<br />

Sale of shares in <strong>Raiffeisen</strong> osiguranje d.d Sarajevo 3,471 -<br />

Sale of shares in Euromarket banka AD Podgorica 467 -<br />

Total 3,938 -<br />

During 2005 the <strong>Bank</strong> has sold all 6,690 shares of <strong>Raiffeisen</strong> osiguranje d.d. Sarajevo to UNIQA International Beteiligungs-Verwaltungus<br />

GmbH. Net income earned from sale of above-mentioned shares was KM 3,471 thousand. Additionally,<br />

on 26 April 2005 the <strong>Bank</strong> has sold all 600 shares of Euromarket banka AD Podgorica to Nova Ljubljanska<br />

banka d.d. Ljubljana. Net income earned from sale of above-mentioned shares was KM 467 thousand. Proceeds from<br />

both transactions in total amount of KM 7,462 thousand have been collected in full amount.<br />

Financial statement<br />

www.raiffeisenbank.ba<br />

113

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