AnnuAl report 2007 - Raiffeisen Landesbank Tirol

29Annual financial statementsProfit and loss calculation 20072007 2006eur eur thou. EUR thou. EUR1. Interest and interest-related income 193,665,602.92 148,387thereof:From fixed interest securities (10,283,283.31) (5,889)2. Interest and interest-related income 148,903,583.18 108,077I. Net interest income 44,762,019.74 40,3103. Income from securitiesand investmentsa) Income from shares,otherstock rights andnon-fixed interest securities 3,062,784.97 2,788b) Income from investments 8,157,641.67 7,530c) Income from sharesin affiliated companies 1,709,144.42 12,929,571.06 1,017 11,3354. Income from commission 39,818,639.74 37,2435. Expenses on commission 9,533,264.45 9,2056. Income/expensesfrom financial business 2,705,672.08 2,4267. Other operating income 10,588,863.86 13,501II. Operating income 101,271,502.03 95,6108. General administrativeexpensesa) Personnel expenses 39,977,358.37 38,377thereof:aa) Wages and salaries (26,432,793.15) (24,145)ab) Expenses for legallyrequiredsocial securitycontributions andpayroll taxes (6,786,339.32) (6,617)ac) Other social expenses (2,107,529.98) (2,422)ad) Expenses for pension schemesand support (2,573,542.98) (2,617)ae) Allocations to the provisionsfor pensions (904,249.58) (1,538)af) Allocations to the provisionsfor severance paymentsto employee pensionfunds (1,172,903.36) (1,038)b) Other administrativeexpenses (material costs) 20,618,050.11 60,595,408.48 19,578 57,9559. Provisions for assetscontained in the assetside Items 9 and 10 4,426,877.15 5,67210. Other operatingexpenses 1,021,303.86 2,480III. Operating expenses ,043,589.49 ,107IV. Operating result 35,227,912.54 29,503