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Presentation of results by segment 2003 (for comparison)
Local
NOTES / INCOME STATEMENT
in EUR m Corporates government Real estate Others Total
Interest and similar income 333.3 720.4 52.2 -5.1 1,100.9
Interest and similar expenses -273.0 -685.6 -29.2 5.0 -982.8
Net interest income 60.3 34.8 23.1 -0.1 118.0
Credit risk provisions (net) -7.5 -1.0 0.0 0.0 -8.5
Fee and commission income 4.2 10.3 3.7 -2.0 16.2
Fee and commission expenses -3.3 -1.8 -1.8 0.3 -6.6
Net fee and commission income 0.9 8.5 1.9 -1.7 9.6
Trading result 1.3 1.2 0.2 0.0 2.8
Net income from investments -2.9 6.4 0.0 0.0 3.4
General administrative expenses -32.4 -24.5 -6.4 0.5 -62.9
Balance of other income and expenses 1.5 8.2 -1.0 1.2 9.8
Balance of extraordinary income and expenses 0.0 0.0 0.0 0.0 0.0
Pre-tax profit for the year 21.1 33.6 17.7 -0.1 72.2
Taxes on income -3.8 -7.3 -1.2 0.0 -12.2
After-tax profit for the year 17.3 26.3 16.5 -0.1 60.0
Minority interests -1.2 -12.9 -5.1 0.0 -19.2
Net profit 16.2 13.4 11.4 -0.1 40.8
Segment assets 6,036 9,756 682
Segment liabilities 5,854 9,682 588
Average equity 184 67 80 330
Interest margin 1.01% 0.41% 4.37% 0.79%
Risk-earnings ratio 12.4% 2.8% 0.1% 7.2%
Cost-income ratio 51.9% 55.0% 25.4% 48.2%
Return on assets 0.29% 0.31% 3.13% 0.40%
Pre-tax return on equity 21.9%
Return on equity – net profit 8.8% 20.0% 14.2% 12.3%
Employees (reporting date) 222 163 30 415
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