Prospectus - Notowania

Trading, hedging and fair value income 1,651 (730) n.s.
Operating income 21,129 20,781 1.7%
Operating costs (11,521) (12,518) -8.0%
Operating profit 9,608 8,263 16.3%
Net writedowns on loans and provisions for guarantees and
commitments (6,2459 (2,372) 163.3%
Net profit from investments 15 13 15.4%
Profit before taxation from current operations 2,680 5,616 -52.3%
The historic income statement as at September 30, 2008 differs from that published due to the completion of the PPA and the
reclassifications of the economic results of private equity activities.
BALANCE SHEET FIGURES FOR 2009, 2008, 2007 and 2006
(millions of €)
RECLASSIFIED
BALANCE SHEET
% change
FIGURES 09.30.2009 12.31.2008 12.31.2007 2 12.31.2006 2008/2009 2007/2008 2006/2007
Total assets 957,709 1,045,612 1,021,835 823,284 -8.4% 2.3% 24.1%
Loans to customers
Customer deposits
565,457 612,480 575,063 441,320 -7.7% 6.5% 30.3%
and securities
of which Customer
590,103 591,290 630,239 495,255 -0.2% -6.2% 27.3%
deposits
of which Securities
381,746 388,831 390,401 287,979 -1.8% -0.4% 35.6%
issued 208,358 202,459 239,839 207,276 2.9% -15.6% 15.7%
Deposits from banks 124,112 177,677 160,601 145,683 -30.1% 10.6% 10.2%
Loans to banks 97,288 80,827 100,012 83,715 20.4% -19.2% 19.5%
Net interbank balance
Shareholders’ equity
attributable to the
26,824 96,850 60,589 61,968 -72.3% 59.8% -2.2%
Group 59,300 54,999 57,690 38,468 7.8% -4.7% 50.0%
Managed assets 1 172,007 166,737 257,032 245,916 3.2% -35.1% 4.5%
1
Managed assets refer to the balances managed by the Asset Management activity sector.
2
The balances as at December 31, 2007 differ from those published in the consolidated financial statements as at December 31, 2007 due to:
- completion of the PPA;
- representation of transactions concerning leasing under construction and assets awaiting lease;
- transfer of the equity investment in Mediobanca. This transfer took place with reference to Mediobanca shares deriving, from
Capitalia, on a consistent basis with the recorded evolution of the governance set-ups of the investee company. The reclassification
was carried out, also for the balances as at December 31, 2007, on a consistent basis with the reference accounting standards.
PERFORMANCE RATIOS
Annual figures
(millions of €)
PERFORMANCE
% change
RATIOS 09.30.2009 12.31.2008 12.31.2007 2 12.31.2006 2007/2008 2006/2007
Earnings per share 0.11 1 0.304 0.533 0.527 -43.0% 1.14%
ROE 1 4.0% 1 9.5% 16.8% 16.7% -7.3 0.1
Cost/income ratio
1
Annualised data
54.5% 62.1% 54.8% 56.5% 7.3 -1.7
2
The equity used for the ratio is the average for the period (excluding dividends to be paid out and valuation reserves on available-for-sale
assets and on cash-flow hedges), net of the goodwill recorded under assets following the acquisitions of HVB and Capitalia, carried out by
means of an exchange of shares and recorded in the accounts according to the rules of IFRS3.
3
The balances as at December 31, 2007 differ from those published in the consolidated financial statements as at December 31, 2007 due to:
- completion of the PPA;
- representation of transactions concerning leasing under construction and assets awaiting lease;
- transfer of the equity investment in Mediobanca. This transfer took place with reference to Mediobanca shares deriving, from
Capitalia, on a consistent basis with the recorded evolution of the governance set-ups of the investee company. The reclassification
was carried out, also for the balances as at December 31, 2007, on a consistent basis with the reference accounting standards.
The value of the basic and diluted earnings per share is shown below with reference to the
earnings referring to the entire financial year or with reference to September 30, 2009 and
December 31, 2008, 2007, 2006.
(millions of €) % change
EARNINGS PER
SHARE 09.30.2009 12.31.2008 12.31.2007 12.31.2006 2008/2009 2007/2008 2006/2007
Net profit attributable
to the Group
(thousands of €) 1,330,885 4,011,788 5,901,336 5,447,741 -66.8% -32.0% 8.3%
Average number of
shares in circulation 1 16,590,180,963 13,204,598,686 11,071,586,463 10,345,183,476 25.6% 19.3% 7.0%
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