Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

OTHER ASSOCIATED UNDERTAKINGSTABLE C (cont.)PROFIT AND LOSS ACCOUNTSFIDIA SGR S.p.A. BANCA ESPERIA31/12/10S.p.A. 31/12/10(€ 000) (€ 000)10. Interest and similar income 140 5,73720. Interest and similar expense — (1,803)30. Net interest income 140 3,93440. Fee and commission income 464 30,81750. Fee and commission expense — (3,114)60. Net fee and commission income 464 27,70370. Dividends and similar income — 9,24480. Net trading income — 1,32690. Net hedging income — —100. Gain (loss) on disposal/repurchase of: — 1,518a) loans and advances — —b) AFS securities — 1,518c) financial assets held to maturity — —d) financial liabilities — —110. Net income from financial assets/liabilities recognized at fair value — —120. Total income 604 43,725130. Adjustments for impairment to: — (347)a) loans and advances — —b) AFS securities — (347)c) financial assets held to maturity — —d) other financial transactions — —140. Net income from financial operations 604 43,378150. Administrative expenses (869) (42,963)a) labour costs (573) (31,307)b) other administrative expenses (295) (11,656)160. Net transfers to provisions — —170. Net adjustments to tangible assets (2) (237)180. Net adjustments to intangible assets — (172)190. Other operating income (expense) 12 2,775200. Operating costs (859) (40,597)210. Net gain (loss) on equity investments — —220. Net gain (loss) on recognizing tangible/intangible assets at fair value — —230. Adjustments to goodwill — —240. Gain (loss) on disposal of investments — —250. Profit (loss) on ordinary activities before tax (255) 2,781260. Income tax on ordinary activities for the period (11) 67270. Profit (loss) on ordinary activities after tax (266) 2,848280. Net gain (loss) on groups of assets being sold — —290. Net profit (loss) for the period (266) 2,848– 475