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Annual Report 2006

Key Figures for the Group (IFRS)

2006 2005
EUR million EUR million
Income Statement    
Net interest income 204.3 209.7
Allowance for losses on loans and advances -20.6 -1.9
Net fee and commission income 0.4 -3.2
Net trading income -60.1 2.7
Administrative expenses 84.2 89.6
Profit before tax 50.9 124.2
Income taxes 21.8 90.3
Consolidated profit for the period 29.1 33.9
Consolidated net retained profits 26.0 17.4
   
   
31.12.2006 31.12.2005
EUR million EUR million
Balance Sheet    
Total assets 23,184.7 23,780.4
Loans and advances to banks and to customers 18,063.9 18,467.8
Non-current financial assets 3,030.3 2,992.5
Securitised liabilities 10,987.8 11,863.8
Equity 881.5 841.8
   
New Business    
Total 8,148.1 5,677.9
Commercial use 6,340.1 3,983.1
Residential use 1,663.9 1,292.1
Public sector 144.1 402.7

Income Statement of the Bank (HGB)

31.12.2006 31.12.2005 Change
EUR million EUR million EUR million
     
Net interest income 151.5 138.2 13.3
Current income from investments in non-affiliated companies 1.7 3.7 -2.0
Net commission income -0.6 -3.2 2.6
Net profit on financial operations -0.1 -0.9 0.8
Staff expenses 44.6 39.6 5.0
Other administrative expenses 32.5 33.5 -1.0
Net other operating income and expenses 0.2 2.8 -2.6
Operating result before risk provisions 75.6 67.5 8.1
Risk provisions -27.7 -27.3 -0.4
Earnings before taxes 47.9 40.1 7.8
Taxes 8.8 13.8 5.0
Net income for the year 39.0 26.3 12.7

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