Annual Financial Statements 2011 of Bank Austria

Consolidated Financial Statements in accordance with IFRSs
Statement of Comprehensive Income
of the Bank Austria Group for the year ended 31 December 2011
Income statement for the year ended 31 December 2011 (€ m)
Notes 2011 2010
Interest income and similar revenues B.1 8,671 8,386
Interest expense and similar charges B.1 –4,176 –3,843
Net interest margin 4,496 4,543
Fee and commission income B.2 2,383 2,463
Fee and commission expense B.2 –498 –472
Net fees and commissions 1,885 1,990
Dividend income and similar revenue B.3 35 31
Gains and losses on financial assets and liabilities held for trading B.4 236 301
Fair value adjustments in hedge accounting B.5 3 –2
Gains and losses on disposal of: B.6 117 43
a) loans –23 3
b) available-for-sale financial assets 140 40
c) held-to-maturity investments – –1
d) financial liabilities – –
Gains and losses on financial assets/liabilities at fair value through profit or loss B.7 22 27
OperatiNg iNcOme 6,795 6,934
Impairment losses on: B.8 –1,798 –1,851
a) loans –1,326 –1,837
b) available-for-sale financial assets –292 –9
c) held-to-maturity investments –152 –
d) other financial assets –29 –5
Net income from financial activities 4,996 5,083
Premiums earned (net) B.9 126 118
Other income (net) from insurance activities B.10 – 98 – 95
Net income from financial and insurance activities 5,023 5,106
Administrative costs: –3,638 –3,462
a) staff expense B.11 –2,008 –1,931
b) other administrative expense B.12 –1,630 –1,531
Provisions for risks and charges B.13 –154 –136
Impairment/write-backs on property, plant and equipment B.14 –193 –200
Impairment/write-backs on intangible assets B.15 –132 –112
Other net operating income B.16 137 169
OperatiNg cOsts –3,981 –3,741
Profit (loss) of associates B.17 162 126
Gains and losses on tangible and intangible assets measured at fair value –7 –
Impairment of goodwill –737 –378
Gains and losses on disposal of investments B.18 48 33
tOtal prOfit Or lOss befOre tax frOm cONtiNuiNg OperatiONs 509 1,146
Tax expense (income) related to profit or loss from continuing operations B.19 –250 –348
Net prOfit Or lOss fOr the year 258 798
Attributable to:
Owners of the parent company 209 747
Non-controlling interests 50 51
Earnings per share (in €, basic and diluted) 0.90 3.30
Bank Austria · Annual Financial Statements 2011
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