consolidated annual report - Gruppo Banca Sella

(figures in euro thousand) 31/12/2004 31/12/2003 % variation
10. Interest receivable and similar income 323.095 317.252 1,84%
of which:
- from due from customers 257.835 239.225 7,78%
- from debt securities 29.078 31.091 -6,47%
20. Interest payable and similar charges (122.224) (132.657) -7,86%
of which:
- on due to customers (65.905) (69.447) -5,10%
- on securities issued (25.048) (29.067) -13,83%
30. Dividends and other income: 4.342 4.435 -2,10%
a) from equity shares, quotas and other share
capital securities 2.356 2.397 -1,71%
b) from equity investments 1.986 2.038 -2,55%
c) from equity investments in subsidiaries - - -
40. Fees and commissions receivable 298.751 272.278 9,72%
50. Fees and commissions payable (112.932) (98.002) 15,23%
60. Dealing profits (losses) 26.021 32.025 -18,75%
70. Other operating income 49.939 52.551 -4,97%
80. Administrative expenses: (310.234) (291.774) 6,33%
a) staff expenses (178.711) (166.860) 7,10%
of which:
- wages and salaries (132.397) (123.559) 7,15%
- social security charges (34.908) (32.230) 8,31%
- staff severance (6.222) (6.012) 3,49%
- pensions and similar commitments (4.084) (3.989) 2,38%
b) other administrative expenses (131.523) (124.914) 5,29%
90. Write-downs to tangible and
intangible fixed assets (45.033) (57.973) -22,32%
100. Provisions for a risks and charges (10.077) (14.415) -30,09%
110. Other operating expenses (6.321) (7.083) -10,76%
120. Write-downs to loans and provisions
for guarantees and commitments (52.693) (39.066) 34,88%
130. Write-ups to loans and provisions
for guarantees and commitments 9.341 9.024 3,51%
140. Provisions to the reserves for possible loan losses (1.967) (1.990) -1,16%
150. Write-downs to financial fixed assets (429) (520) -17,50%
170. Profit (loss) on equity investments in subsidiaries
evaluated according to the equity method 710 266 166,92%
180. Profit on ordinary activities 50.289 44.351 13,39%
190. Extraordinary income 24.297 11.469 111,85%
200. Extraordinary expenses (9.451) (8.409) 12,39%
210. Extraordinary profit (loss) 14.846 3.060 385,16%
240. Income taxes for the year (34.439) (32.072) 7,38%
250. Minority interests (3.926) (2.515) 56,10%
260. Profit for the year 26.770 12.824 108,75%
214 - GRUPPO BANCA SELLA
CONSOLIDATED INCOME STATEMENT