Annual Report - VÃB banka
Annual Report - VÃB banka
Annual Report - VÃB banka
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Income statement<br />
for the year ended 31 December 2007<br />
(In millions of Slovak crowns)<br />
2006<br />
Notes 2007 Restated<br />
Interest and similar income 13,634 11,292<br />
Interest expense and similar charges (6,157) (4,711)<br />
Net interest income 25 7,477 6,581<br />
Fee and commission income 3,334 3,158<br />
Fee and commission expense (1,241) (1,220)<br />
Net fee and commission income 26 2,093 1,938<br />
Net trading income 27 1,264 1,141<br />
Other operating income 28 100 156<br />
Dividend income 47 139<br />
Operating income 10,981 9,955<br />
Salaries and employee benefi ts 29 (2,271) (2,366)<br />
Other operating expenses 30 (2,610) (2,261)<br />
Amortization 13 (331) (304)<br />
Depreciation 14 (600) (586)<br />
Operating expenses (5,812) (5,517)<br />
68<br />
Operating profit before impairment and provisions 5,169 4,438<br />
Impairment losses and provisions 31 (632) 367<br />
Profit before tax 4,537 4,805<br />
Income tax expense 32 (1,037) (1,047)<br />
Net profit for the year 3,500 3,758<br />
Basic and diluted earnings per share in Sk 23 270 290<br />
The accompanying notes on pages 71 to 113 form an integral part of these fi nancial statements.<br />
<strong>Annual</strong> <strong>Report</strong> 2007
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