COMMERZBANK AKTIENGESELLSCHAFT

Group Financial Statements
258
202 Commerzbank Annual Report 2011
Statement of comprehensive income
Income statement
€m Notes 1.1.–31.12.2011 1.1.–31.12.2010 Change in %
Interest income (31) 17,343 18,306 – 5.3
Interest expense (31) 10,619 11,252 – 5.6
Net interest income (31) 6,724 7,054 – 4.7
Loan loss provisions (32) – 1,390 – 2,499 – 44.4
Net interest income after provisions 5,334 4,555 17.1
Commission income (33) 4,055 4,237 – 4.3
Commission expense (33) 560 590 – 5.1
Net commission income (33) 3,495 3,647 – 4.2
Net trading income (34) 2,109 2,052 2.8
Net income from hedge accounting (35) – 123 – 94 30.9
Net trading income and net income from
hedge accounting (34, 35) 1,986 1,958 1.4
Net investment income (36) – 3,611 108 .
Current net income from companies accounted
for using the equity method (37) 42 35 20.0
Other net income (38) 1,253 – 131 .
Operating expenses (39) 7,992 8,786 – 9.0
Impairments of goodwill and brand names – – .
Restructuring expenses – 33 – 100.0
Pre-tax profit or loss 507 1,353 – 62.5
Taxes on income (40) – 240 – 136 76.5
Consolidated profit or loss 747 1,489 – 49.8
Consolidated profit or loss attributable to
non-controlling interests
Consolidated profit or loss attributable to
Commerzbank shareholders
109 59 84.7
638 1,430 – 55.4
Earnings per share | € 1.1.–31.12.2011 1.1.–31.12.2010 Change in %
Earnings per share (42) 0.18 1.21 – 85.1
The earnings per share, calculated in accordance with IAS 33,
are based on the consolidated profit or loss attributable to
Commerzbank shareholders. As in the previous year, no
conversion or option rights were outstanding during the
financial year. The figure for diluted earnings per share was
therefore identical to the undiluted figure.