A4 für Copyshop GB.indd - Bayerische Landesbank

58 BayernLB – our company
Group retail activities
In the BayernLB Group, retail activities play an important role in diversifying risks and
generating solid earnings. Of key importance here are the dependent institutions LBS
Bayern and Landesbodenkreditanstalt, as well as the subsidiaries of strategic signif-
icance to the Group. The Group’s objective is to continue its targeted expansion of
retail activities both at home and abroad, working in harmony with and supplement-
ing the activities of the members of the Sparkassen-Finanzgruppe Bayern.
The following segment report by customer group, drawn up as per 31.12.2004, supple-
ments the segment report published in the Report on the Bank and the Group:
EUR million Retail customers
Corporate customers
Financial institutions
and sovereigns
Financial markets
Other /
consolidation
Net interest income 736 727 185 429 – 46 2,030
Net commission
income 126 162 59 17 – 25 340
Administrative
expenses – 357 – 268 – 108 – 317 – 158 – 1,208
Result from financial
transaction 13 2 6 109 – 4 126
Other operating
result 9 1 0 – 1 213 223
Result before risk
provisioning/
revaluation result 528 624 142 237 – 20 1,511
Risk provisions/
revaluation result – 174 – 18 10 – 34 – 344 – 561
Operating result 354 606 152 203 – 364 950
Cost-income ratio (%) 40.4 30.0 43.1 57.1 – 44.4
BayernLB Group