996 - Banca Antonveneta

Section 20Taxes on income from continuing operations - Entry 29020.1 Taxes on income from continuing operations: breakdownItem/ValueBankinggroupInsurancecompaniesOthercompanies31.12.2007 31.12.20061. Current taxes (-) (67,485) - (30) (67,515) (134,120)2. Changes in current tax for previous fiscal years (+/-) 5,118 - - 5,118 (3,172)3. Reduction in current tax payable for fiscal year (+/-) 26,602 - - 26,602 -4. Changes in prepaid taxes (+/-) (164,147) - (89) (164,236) (98,681)5. Change in deferred taxes (+/-) (4,165) - - (4,165) (15,185)6. Income taxes for the period (-) (-1+/-2+3+/-4+/-5) (204,077) - (119) (204,196) (251,158)20.2 Reconciliation of theoretical fiscal charge and effective fiscal chargeCorporate income tax%(IRES)Corporate income taxes with nominal rate application 69,364 33.00Effect of tax increases:Losses from securities 32,733 15.58Sundry administrative expenses 1,718 0.81Allowances to provisions 7,080 3.37Telephone costs 1,051 0.50Effect of changing rate on deferred tax 63,256 30.10Other Increases 2,990 1.40Total increases 108,828 51.76Effect of tax decreases:Dividends (26,160) -12.45Capital gains on securities (6,716) -3.19Charges in corporate income tax pertaining to other decreases (2,484) -1.18Other decreases (231) -0.10Total decreases (35,591) -16.92Total tax changes 73,237 34.84Corporate income taxes charged to income statement 142,601 67.84Regional taxon business activities %(IRAP)Regional taxes on business activities with nominal rate application 8,933 4.25Effect of tax increases:Personnel costs 28,623 13.62Net adjustments to loans 15,788 7.52Allowances for risks and charges 1,827 0.86Changes in corporate income tax pertaining to property 3,189 1.51Changes in corporate income tax pertaining to vehicles 655 0.31Rate increases resolved upon by Regions 6,533 3.11Other Increases 1,618 0.76Total increases 58,233 27.69Effect of tax decreases:Dividends (3,066) -1.45Effect of changing rate on deferred tax (3,451) -1.64Capital gains and write-backs of equity investments (2,915) -1.38"Tax wedge" deduction (2,625) -1.24Lower tax attributable to prior years (87) -0.04Charges in corporate income tax pertaining to other decreases (13) -0.01Other decreases (1,127) -0.55Total decreases (13,284) -6.31Total tax changes 44,949 21.38Regional taxes on business activities charged to income statement 53,882 25.63141