PDF (3.77 Mo) - Le Crédit Agricole

Crédit Agricole S.A.Update of the 2011 registration document - A03Operating expenses were tightly controlled, edging up by 0.9% between the first half of 2011 and the firsthalf of 2012; the cost of risk was limited to 31 basis points of outstanding loans. As a result, operatingincome rose by 7.7% between the first half year of 2011 and the first half year of 2012 (by 1.2% restated forthe provision for home purchase savings plans and CIE), to 623 million euros.The ratio of impaired loans to outstanding loans was stable at 2.4% at end-June 2012, representing a slightdecrease compared with December 2011 (2.5%), while the impaired loan coverage ratio was increased to77.4% compared with 75.5% at end-December 2011.In all, net income Group share was 394 million euros in the first half year, a rise of 3.5% on the first half of2011.Page 80 sur 237