GENERAL MEETING DRAFT - Bankier.pl

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The Poland’s Markets Business Unit manages the UniCredit Group’s operations in Poland and OJSC
UniCredit Bank activities in Ukraine.
Bank Pekao S.A. is one of Poland’s leading banks in terms of total assets (market share of 12.0% as of
December 31, 2009), loans to customers and assets under management. The bank has a nationwide
network of 1,028 branches, a strong presence in all the country’s major cities and Poland’s biggest ATM
network together with Euronet consisting of over 4,000 ATM’s (where 1,854 ATMs owned by the Bank are
available to customers of UCG banks free of charge), enabling the Bank’s customers to have fully flexible
and easy access to bank channels all over the country.
Bank Pekao S.A. controls 100% of OJSC UniCredit Bank in Ukraine with a market share of about 1% in
terms of total assets and loans. Corporate Banking and Custody are the core businesses of UniCredit
Bank, contributing about 67% of revenues. The bank has a network of 61 branches.
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At December 31, 2009 the Poland’s Markets Business Unit posted YTD profit for the period of €559
million representing a decrease of 24.0% y/y at constant exchange rates.
The Poland’s Markets’ YTD operating income totaled €1,634 million in 2009, a decrease of -7.3% y/y at
constant exchange rates. The result comprised:
� net interest income of €895 million lower by 15.5% y/y in 2009 YTD at constant exchange rates
primarily due to lower market interest rates dynamics.
� non-interest income of €738 million increased by 5.2% y/y at constant exchange rates mainly
thanks to higher trading income.
Operating costs (including integration costs) remained under strict control and were lower by 0.4% y/y
(at constant exchange rates). The cost/income ratio was 52.2% at the end of 2009, mainly due to
pressure on the revenue side partially offset by cost efficiency.
2009 CONSOLIDATED REPORTS AND ACCOUNTS
98