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84 NOTES / INCOME STATEMENT
Segment result by region 2004
Secondary segment reporting is by region. The presentation of results by region is based on the location of the
business. The core market includes Austria, Czechia, Germany, Hungary, Poland, Slovakia, Slovenia and Switzerland.
Other Rest of
in EUR m Austria Core Market the World Others Total
Interest and similar income 1,230.4 103.5 125.2 -55.4 1,403.7
Interest and similar expenses -1,143.9 -49.9 -106.9 55.7 -1,245.1
Net interest income 86.6 53.6 18.2 0.2 158.7
Credit risk provisions (net) -7.5 -1.6 -0.1 0.0 -9.1
Fee and commission income 20.9 0.8 1.2 -0.6 22.4
Fee and commission expenses -7.7 -3.0 -0.5 0.5 -10.8
Net fee and commission income 13.2 -2.2 0.7 -0.2 11.6
Trading result 4.9 -2.5 1.1 -0.2 3.3
Net income from investments 5.5 -0.3 0.9 0.0 6.1
General administrative expenses -64.8 -9.1 -2.1 0.7 -75.2
Balance of other income and expenses 3.3 -1.3 2.3 -0.7 3.6
Balance of extraordinary income and expenses 0.0 0.0 0.0 0.0 0.0
Pre-tax profit for the year 41.2 36.6 21.1 -0.2 98.8
Taxes on income -1.3 -11.9 -2.1 0.0 -15.3
After-tax profit for the year 40.0 24.7 19.0 -0.2 83.6
Minority interests -12.0 -9.9 -7.5 0.0 -29.5
Net profit 28.0 14.8 11.5 -0.2 54.1
Segment assets 16,952 747 3,746
Segment liabilities 16,786 634 3,651
Average equity 184 102 86 372
Interest margin 0.56% 7.20% 0.67% 0.84%
Risk-earnings ratio 8.6% 2.9% 0.5% 5.7%
Cost-income ratio 61.9% 18.5% 10.5% 43.4%
Return on assets 0.26% 3.32% 0.70% 0.44%
Pre-tax return on equity 26.6%
Return on equity – net profit 15.2% 14.5% 13.4% 14.6%
Employees (reporting date) 408 77 18 503