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Prospectus - Notowania

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Main activities<br />

The Group’s main activities divide up into the following activity sectors:<br />

(i) Retail, which, from an organizational standpoint, is one of the three Strategic Business Areas<br />

via which the Group operates;<br />

(ii) CIB, which, from an organizational standpoint, is part of the Corporate & Investment Banking<br />

and Private Banking Strategic Business Area;<br />

(iii) Private Banking, which, from an organizational standpoint, is part of the Corporate &<br />

Investment Banking and Private Banking Strategic Business Area;<br />

(iv) Asset Management;<br />

(v) CEE and Poland’s Market.<br />

For greater details on the breakdown of the Group’s organizational structure, see the following<br />

Paragraph 6.2 of Chapter 6 of the First Section.<br />

The tables presented below identify the main economic figures of the UniCredit Group relating to the<br />

various sectors of activities regarding the nine months as at September 30, 2009, as at September 30,<br />

2008 and the financial years closed as at December 31, 2008, 2007 and 2006.<br />

For comparative purposes, on a consistent basis with the statement criteria adopted in Chapter 9 to<br />

which reference is made for further details, the income statement figures as at December 31, 2007<br />

shown in the tables are those reconstructed, or rather inclusive of the Capitalia Group for the entire<br />

financial year despite the merger transaction having been completed on October 1, 2007.<br />

OPERATING INCOME<br />

(millions of €) 09.30.2009 09.30.2008 12.31.2008 12.31.2007<br />

reconstructed<br />

12.31.2006<br />

Retail 1 7,565 8,787 10,925 10,921 7,729<br />

CIB 2 7,790 5,376 6,466 9,223 7,984<br />

Ex Corporate<br />

Banking<br />

6,332 5,994 4,889<br />

Ex Markets &<br />

Investment Banking<br />

134 3,229 3,095<br />

Private Banking 3 587 704 1,414 1,509 1,067<br />

Asset Management 524 875 1,088 1,578 1,332<br />

CEE and Poland’s<br />

Markets<br />

4,711 5,140 6,919 5,523 4,931<br />

Parent Company and<br />

other companies 4<br />

(48) (101) 54 748 421<br />

Total 21,129 20,781 26,866 29,502 23,464<br />

1<br />

As from 2009, the Retail area also includes the Business Line Asset Gathering, previously included within Private Banking. The<br />

comparative figure as of September 30, 2008 was constructed on the same basis.<br />

2<br />

The financial information relating to the CIB activities sector for the 9-month period ended as at September 30, 2008 was taken from the<br />

consolidated interim report as at September 30, 2009 for the purpose of which they were re-defined for comparative purposes. The<br />

financial information relating to CIB for the financial years ended as at December 31, 2008, 2007 and 2006 is taken as the mere sum of the<br />

figures referring to the former Corporate Banking and Markets & Investment Banking sectors as indicated and taken from the financial<br />

statements for the related financial years. This information, shown exclusively for indicative purposes, does not include infragroup<br />

cancellations and does not in any way represent the pro-forma figures relating to CIB as at December 31, 2008, 2007 and 2006 and<br />

therefore, also taking into account a number of changes to the scope of policies which took place in 2009, is not directly comparable with<br />

the financial information as at September 30, 2009 and September 30, 2008.<br />

3<br />

As from 2009, the Retail area also includes the Business Line Asset Gathering, previously included within Private Banking. The<br />

comparative figure as of September 30, 2008 was constructed on the same basis.<br />

4<br />

The figures relating to the Issuer and other companies include the cancellations and consolidation adjustments.<br />

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