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We had already been - Notowania

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Report on Operations<br />

Highlights<br />

Income Statement<br />

26<br />

2009 Consolidated Reports and Accounts · UniCredit Group<br />

YEAR<br />

(€ million)<br />

2009 2008<br />

CHANGE<br />

Operating income 27,572 26,877 + 2.6%<br />

of which: - net interest 17,616 19,385 - 9.1%<br />

- net fees and commissions 7,780 9,093 - 14.4%<br />

Operating costs 15,324 16,692 - 8.2%<br />

Operating profit 12,248 10,185 + 20.3%<br />

Profit before tax 3,300 5,458 - 39.5%<br />

Net Profit attributable to the Group 1,702 4,012 - 57.6%<br />

Balance Sheet<br />

AMOUNTS AS AT<br />

(€ million)<br />

12.31.2009 12.31.2008<br />

CHANGE<br />

Total assets 928,760 1,045,612 - 11.2%<br />

Financial assets held for trading 133,894 204,890 - 34.7%<br />

Loans and receivables with customers 564,986 612,480 - 7.8%<br />

of which: - impaired loans 31,049 19,828 + 56.6%<br />

Financial liabilities held for trading 114,045 165,335 - 31.0%<br />

Deposits from customers and debt securities in issue 596,396 591,290 + 0.9%<br />

of which: - deposits from customers 381,623 388,831 - 1.9%<br />

- securities in issue 214,773 202,459 + 6.1%<br />

Shareholders' equity 59,689 54,999 + 8.5%<br />

The figures in these tables refer to reclassified balance sheet and income statement.<br />

Staff and Branches<br />

12.31.2009 12.31.2008<br />

CHANGE<br />

Employees 1 165,062 174,519 -9,457<br />

Employees (subsidiaries are consolidated proportionately) 155,000 163,991 -8,991<br />

Branches 2 9,799 10,251 -452<br />

of which: - Italy 4,696 5,045 -349<br />

- Other countries 5,103 5,206 -103<br />

1. “Full time equivalent” data (FTE): number of employees counted for the rate of presence. These figures include all employees of subsidiaries consolidated proportionately, such as Koç Financial Services Group<br />

employees.<br />

2. These figures include all branches of subsidiaries consolidated proportionately, such as Koç Financial Services branches.<br />

AS AT

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