Annual report 2004 (PDF, 4141 kB) - Unicredit Bank
Annual report 2004 (PDF, 4141 kB) - Unicredit Bank
Annual report 2004 (PDF, 4141 kB) - Unicredit Bank
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Income Statement for the Year Ended 31 December <strong>2004</strong><br />
Note <strong>2004</strong> 2003<br />
CZK million CZK million<br />
1. Interest receivable and similar income 18 1 432 1 524<br />
of which: interest income from debt securities 143 179<br />
2. Interest payable and similar expense 19 - 571 - 704<br />
of which: interest expense on debt securities - 47 - 25<br />
Interest margin 861 820<br />
3. Income from shares and other interests 28 61<br />
of which: a) income from interests in subsidiary undertakings 28 61<br />
b) other income from shares and interests 0 0<br />
4. Fee and commission income 20 368 323<br />
5. Fee and commission expense 20 - 52 - 42<br />
Gains or losses from fee and commission 316 281<br />
6. Gains or losses from financial transactions 21 251 275<br />
7. Other operating income 22 103 60<br />
Net income 1 559 1 497<br />
8. Other operating expense 23 - 86 - 29<br />
9. Administrative expense 23 - 1 020 - 861<br />
of which: a) staff costs - 524 - 457<br />
of which: aa) wages and salaries - 392 - 345<br />
ab) social and health insurance - 132 - 112<br />
b) other administrative expenses - 496 - 404<br />
11. Depreciation, additions and utilisation of provisions for<br />
tangible and intangible fixed assets 8 - 216 - 259<br />
Net operating expense - 1 322 - 1 149<br />
12. Release of provisions and reserves for loans and guarantees,<br />
income from receivables already written-off 10 304 264<br />
13. Write-offs, additions and utilisation of provisions and<br />
reserves for loans and guarantees 10 - 340 - 214<br />
14. Release of provisions for participating interests with<br />
significant and controlling influence 10 0 0<br />
15. Loss from transfer of participating interest with significant<br />
and controlling influence 10 0 0<br />
16. Release of other specific provisions 10 73 0<br />
17. Additions and utilisation of other specific provisions 10 - 21 - 1<br />
Additions, usage and release of provisions 16 49<br />
19. Profit on current activities before taxation 253 397<br />
20. Extraordinary income 2(x) 0 0<br />
21. Extraordinary expenses 2(x) 0 0<br />
22. Profit on extraordinary activities before taxation 0 0<br />
Profit on current and extraordinary activities for the year<br />
before taxation 253 397<br />
23. Income tax 24 - 58 - 135<br />
24. Profit for the year after taxation 195 262<br />
16
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