Annual Financial Statements 2011 of Bank Austria

Management Report
Management Report (CONTINUED)
(€ m)
TUrKEY 5) rUSSIA KAZAKHSTAn UKrAInE
2011 2010 2011 2010 2011 2010 2011 2010
Net interest income 582 675 535 565 151 142 215 235
Net fee and commission income 364 383 150 132 –4 –35 47 46
Net trading income 36 32 35 –9 20 20 2 8
Net other operating income/expenses 34 37 3 –6 0 –18 0 –2
operating income 1,016 1,127 724 682 167 110 265 287
operating costs –462 –477 –256 –233 – 93 – 92 –122 –114
operating profit 553 651 468 450 74 17 143 173
Net write-downs of loans –48 –65 –60 –136 –110 –188 –100 –156
net operating profit 505 586 407 313 –36 –171 43 18
Provisions for risks and charges –10 –34 –1 –1 0 0 1 0
Integration/restructuring costs 0 0 0 0 0 0 0 0
Net income from investments 20 19 79 8 –2 6 1 1
Profit before tax 515 571 485 321 –37 –165 44 18
Customer loans 12,409 11,438 11,318 9,495 3,607 3,675 2,842 2,906
Customer deposits and debt securities in issue 11,838 11,300 11,701 8,491 3,974 3,626 1,734 1,446
Exchange rate 2.3378 1.9965 40.885 40.263 204.104 195.360 11.107 10.539
Appreciation/depreciation against the euro –14.6% –1.5% –4.3% –5.1%
(€ m)
CroATIA BoSnIA SErBIA
2011 2010 2011 2010 2011 2010
Net interest income 415 392 89 77 85 64
Net fee and commission income 122 134 32 31 22 17
Net trading income 16 18 6 6 4 2
Net other operating income/expenses 44 46 0 0 0 0
operating income 597 591 126 114 111 83
operating costs –272 –278 –77 –76 –36 –33
operating profit 324 312 49 38 74 50
Net write-downs of loans –101 –112 –14 –18 –25 –11
net operating profit 223 200 35 20 50 39
Provisions for risks and charges 0 –1 0 –1 0 0
Integration/restructuring costs 0 0 0 0 0 0
Net income from investments –1 1 0 1 0 –1
Profit before tax 222 200 35 20 50 38
Customer loans 9,516 9,240 1,414 1,301 1,246 1,109
Customer deposits and debt securities in issue 7,837 8,059 1,532 1,644 742 665
Exchange rate 7.439 7.289 1.956 1.956 101.966 103.043
Appreciation/depreciation against the euro –2.0% 0.0% +1.1%
5) pro quota
Bank Austria · Annual Financial Statements 2011
49