Bilansi uspjeha - Raiffeisen Bank

Income Statements
For the years ended 31 December 2005 and 2004
(all amounts are expressed in thousands of KM)
Notes 2005 2004
Interest income 3 135,665 106,504
Interest expense 4 (51,608) (38,162)
Net interest income 84,057 68,342
Fee and commission income 5 33,551 36,400
Fee and commission expense 6 (3,421) (5,057)
Net fee and commission income 30,130 31,343
Net trading income 7 5,811 5,138
Net income upon disposal of investments 9 3,938 -
Other operating income 8 643 2,360
Operating income 124,579 107,183
Administrative expenses 11 (75,033) (64,468)
Depreciation of tangible fixed assets 21 (3,946) (3,592)
Amortisation of intangible fixed assets 21 (1,408) (1,620)
Operating Expense (80,387) (69,680)
PROFIT BEFORE IMPAIRMENT LOSSES,
PROVISIONS AND INCOME TAX 44,192 37,503
Impairment losses and provisions 12 (25,890) (22,502)
Collected write-offs 10 5,927 6,145
PROFIT BEFORE INCOME TAX 24,229 21,146
Income tax 13 - -
NET PROFIT FOR THE YEAR 24,229 21,146
The accompanying notes form an integral part of these unconsolidated financial statements.
Financial statement
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