GB00_erste lage_E - Erste Group

CORPORATE CENTRE
The Corporate Centre segment supports Erste Bank’s implementation of strategic goals by providing
marketing, organisation and information technology services. Erste Bank’s new core strategy,
e-business, which now constitutes the Bank’s fourth core strategy, has been assigned to this segment.
The Corporate Centre also comprises accounting, controlling, settlement, equity holdings
and non-banking subsidiaries.
Change
in EUR million 2000 1) 1999 in %
Net interest income
Risk provisions
4.4 5.8 (24.1)
for loans and advances 0.3 (5.4) 105.6
Net commission income 0.0 25.7 (100.0)
Trading result 14.9 (4.3) 446.5
General administrative expenses (21.1) (9.5) (322.1)
Other operating results (45.9) (4.9) 836.7
Pre-tax profit for the year
Share in pre-tax profit
(47.4) 7.5 (732.0)
for the year (17.1%) 3.1% 0
Average risk-weighted assets 339.1 415.5 (18.4)
Average attributed equity 16.1 19.6 (17.9)
Share in equity 0.9% 1.4% 0
Cost-income ratio
ROE based on pre-tax profit
> 100.0% 34.9% 0
for the year
Contribution of business
with savings banks to
> (100.0%) 38.1% 0
pre-tax profit for the year
Contribution of Česká spořitelna, a.s.
0.0 0.0 0
to pre-tax profit for the year (13.6) – 0
1) incl. 5 months Česká spořitelna, a.s.
Earnings of the “Corporate Centre” segment turned negative in the 2000 financial year. This
was due primarily to exceptional factors (among them provisions for the Compensation Fund; also
included in this segment are the start-up costs in the ecetra Internet platform.
60 Erste Bank 2000