UBI Banca Group

15.4 Reserves of profits: other information
The reserves of profits in the consolidated financial statements increased by €69,885 thousand.
That increase was almost entirely the result of the allocation of the profit for the year ended
31.12.2010 amounting to €172,121 thousand, the distribution of a dividend for 2010 and the
allocations of profits made by the governing bodies of the Bank and its subsidiaries.
SECTION 16 Non-controlling interests – Item 210
16.1 Non controlling interests: compositionella
31/12/2011 31/12/2010
Share capital 503,755 514,687
Share premiums 76,173 78,777
Reserves 318,417 327,818
Treasury shares
Fair value reserves 21,182 27,876
Equity instruments
Profit for the year attributable to non controlling interests (20,603) 13,602
Total 898,924 962,760
Non-controlling interests net of fair value reserves and profits (losses) for the year decreased by
approximately €22,937 thousand. The changes were due primarily to extraordinary transactions
performed during the year, which have already been reported in full in the Consolidated
Management Report (public tender offer on IW Bank, increase in the share capital of UBI Leasing
and Banco di San Giorgio SpA), and also to substantial purchases of shares in Centrobanca SpA
from non controlling shareholders. The impacts on non-controlling interests were as follows:
share capital: decrease of approximately €10.9 million of which:
Centrobanca Spa
IW Bank Spa and its subsidiary Investnet
Banco di San Giorgio Spa
UBI Leasing Spa
-€6,961 thousand
-€4,244 thousand
-€612 thousand
+€1,060 thousand
With regard to Centrobanca SpA, 6,325,112 shares accounting for 1.88% of the share capital were
purchased from non controlling shareholders in the last quarter of the year, partly in relation to
the coming merger of the company already announced into the Parent. The decrease in the share
capital held by non controlling shareholders of Banco di San Giorgio SpA is the result of a
decrease due to the purchase of shares from non controlling shareholders amounting to €1,744
thousand and an increase of €1,162 thousand due to the increase in the share capital concluded
in October 2011.
Non controlling interests included €9,844 thousand consisting of savings shares and €26,246
thousand consisting of the privileged shares of Banca Regionale Europea Spa.
Share premiums decreased by approximately €2.6 million of which:
IW Bank Spa and its subsidiary Investnet
Banco di San Giorgio Spa
- €3,621 thousand
+ €893 thousand
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