UBI Banca Group

Consolidated companies: the principal
figures
Profit
Figures in thousands of euro 2011 2010 Change % change
Unione di Banche Italiane Scpa (1) (2,713,054) 283,720 (2,996,774) n.s.
Banca Popolare di Bergamo Spa 171,768 106,719 65,049 61.0%
Banco di Brescia Spa 94,952 71,979 22,973 31.9%
Banca Popolare Commercio e Industria Spa 50,010 21,914 28,096 128.2%
Banca Regionale Europea Spa (2) 30,186 246,375 (216,189) (87.7%)
Banca Popolare di Ancona Spa (3) 2,276 18,340 (16,064) (87.6%)
Banca Carime Spa (4) 45,981 37,652 8,329 22.1%
Banca di Valle Camonica Spa 728 1,574 (846) (53.7%)
Banco di San Giorgio Spa 1,190 375 815 217.3%
UBI Banca Private Investment Spa (1,609) 57 (1,666) n.s.
Centrobanca Spa (5) 1,225 16,153 (14,928) (92.4%)
Centrobanca Sviluppo Impresa SGR Spa 260 287 (27) (9.4%)
Banque de Dépôts et de Gestion Sa (*) (6,894) (7,767) (873) (11.2%)
B@nca 24-7 Spa 18,341 (5,723) 24,064 n.s.
IW Bank Spa (6) 2,814 (704) 3,518 n.s.
UBI Banca International Sa (*) 10,307 8,908 1,399 15.7%
UBI Pramerica SGR Spa 37,576 38,475 (899) (2.3%)
UBI Leasing Spa (7) (30,151) (20,632) 9,519 46.1%
UBI Factor Spa 8,564 18,601 (10,037) (54.0%)
BPB Immobiliare Srl 700 747 (47) (6.3%)
Società Bresciana Immobiliare Mobiliare - S.B.I.M. Spa 1,373 1,251 122 9.8%
UBI Sistemi e Servizi SCpA - - - -
UBI Fiduciaria Spa (186) 209 (395) n.s.
UBI Assicurazioni Spa (49,99%) 2,000 (2,168) 4,168 n.s.
Aviva Assicurazioni Vita Spa (49,99%) 3,245 1,500 1,745 116.3%
Aviva Vita Spa (50%) 5,500 2,000 3,500 175.0%
Lombarda Vita Spa (40%) 4,507 14,333 (9,826) (68.6%)
UBI Insurance Broker Srl 3,594 3,571 23 0.6%
UBI Trustee Sa 23 25 (2) (8.0%)
CONSOLIDATED (8) (1,841,488) 172,121 (2,013,609) n.s.
(*) The profit shown is from the financial statements prepared for the consolidation according to the accounting policies followed by
the Parent.
(1) The figure for 2011 includes impairment losses of €3,029.8 million on Group equity investments, goodwill and other intangibles
(net of tax).
(2) The figure for 2010 included a gain of €225.4 million (net of taxes) realised on the sale of an interest held in BPCI to the Banca del
Monte di Lombardia Foundation on conclusion of the branch switching operation. If the effect of the main non-recurring items is
excluded for both years, the normalised profit for 2011 of €30 million increased by €7.3 million compared to €22.7 million the year
before.
(3) The figure for 2011 includes the effects of the recognition of impairment losses on the investments in UBI Leasing (€16.2 million)
and in Centrobanca (€11.9 million).
(4) The figure for 2011 includes the effects of the recognition of impairment losses of €12.1 million on the goodwill of the bank.
(5) The figure for 2011 includes the effects of the recognition of impairment losses of €7.2 million on the goodwill of the bank.
(6) The figure for 2010 has been restated for consistency by including the result for InvestNet Italia Srl, merged on 1 st August 2011.
(7) The figure for 2011 includes the effects of the recognition of impairment losses of €2 million on the goodwill of the company.
(8) The figure for 2011 includes the recognition of impairment losses on goodwill and finite useful life intangible assets of €2,190.9
million (net of tax and non-controlling interests).
160