Section 8 – Impairment losses – Item 130 a) loans 8.1 Impairment losses on loans: breakdown TRANSACTIONS / P&L ITEMS WRITE-OFFS OTHER PORTFOLIO INTEREST OTHER INTEREST OTHER CONSOLIDATED INTERIM REPORT AS AT SEPTEMBER 30, 2009 FIRST NINE MONTHS 2009 WRITE - DOWNS (1) WRITE-BACKS (2) SPECIFIC SPECIFIC PORTFOLIO FIRST NINE MONTHS 2008 TOTAL TOTAL (3)=(1)-(2) (3)= (1)-(2) A. Loans and receivables with banks (3,232) (59,390) (13,921) 29 30,370 - 3,713 (42,431) (178,805) B. Loans and receivables with customers (626,460) (6,440,456) (834,884) 41,633 1,445,487 1,233 314,536 (6,098,911) (2,116,975) C. Total (629,692) (6,499,846) (848,805) 41,662 1,475,857 1,233 318,249 (6,141,342) (2,295,780) The “Write-backs – interest” columns disclose any increases in the presumed recovery value arising from interest accrued in the year on the basis of the original effective interest rate used to calculate write-downs. Section 11 – Administrative costs – Item 180 11.1 Payroll: breakdown TYPE OF EXPENSE FIRST NINE MONTHS 2009 FIRST NINE MONTHS 2008 1) Employees: (6,973,100) (7,459,052) a) Wages and salaries (4,748,510) (5,269,029) b) Social charges (1,007,885) (1,150,788) c) Severance pay (9,714) (20,927) d) Social security costs (46,764) (55,271) e) Allocation to employee severance pay provision (77,198) (133,644) f) Provision for retirement payments and similar provisions (226,683) (210,590) g) Payments to external pension funds (288,716) (270,016) h) Costs related to share-based payments (44,592) (35,369) i) Other employee benefits (547,294) (329,620) l) Recovery of compensation 24,256 16,202 2) Other staff (101,894) (123,982) 3) Directors (20,820) (35,238) Total (7,095,814) (7,618,272) Item 1) i) includes staff leaving incentives paid following the business combinations with HVB and Capitalia Groups in the amount of €275,478 thousand (€85.,02 thousand in M9 2008) reclassified as “integration costs” in the condensed income statement. Item 3) Directors includes compensation paid to Directors and Statutory Auditors of the various companies of the Group. 158
11.5 Other administrative expenses: breakdown 159 >> Condensed Consolidated Financial Statements Part C) – Consolidated Income Statement ITEM FIRST NINE MONTHS 2009 FIRST NINE MONTHS 2008 1) Indirect taxes and duties: (347,984) (381,748) 1a. Settled (343,640) (348,474) 1b. Unsettled (4,344) (33,274) 2) Misceilaneous costs and expenses: (3,784,678) (4,094,775) a) Advertising marketing and comunication: (244,365) (372,844) Advertising - campaigns & media (86,059) (151,135) Advertising - point of sale comunication & direct marketing (23,558) (39,151) Advertising - promotional expenses (32,626) (50,968) Advertising - market and comunication researches (12,418) (16,402) Sponsorship (52,505) (52,494) Entertainment and other expenses (30,211) (43,950) Convention and internal comunications (6,988) (18,744) b) Expenses related to credit risk: (149,778) (156,705) Legal expenses to credit recovery (84,900) (105,883) Credit information and inquiries (32,543) (39,037) Credit recovery services (32,335) (11,785) c) Expenses related to personnel: (253,743) (330,218) Personnel area services (6,101) (2,870) Personnel training & recruiting (41,624) (77,567) Travel expenses and car rentals (159,356) (203,791) Premises rentals for personnel (32,376) (29,354) Expenses for personnel financial advisors (14,286) (16,636) d) Information comunication technology expenses: (955,576) (1,029,815) Lease of ICT equipment and software (170,415) (223,530) Supply of small IT items (6,800) (5,196) ICT consumables (ICT) (11,087) (24,180) Telephone, swift & data transmission (ICT) (147,228) (189,060) ICT services (379,272) (342,715) Financial information providers (111,806) (107,215) Repair and maintenance of ICT equipment (128,968) (137,919) e) Consulting and professionals services: (264,449) (267,293) Technical consulting (63,178) (87,901) Professional services (63,388) (66,184) Management consulting (38,222) (39,505) Legal and notarial expenses (99,661) (73,703) f) Real estate expenses: (986,977) (968,588) Internal and external surveillance of premises (71,285) (68,017) Real estate services (16,502) (7,633) Cleaning of premises (66,556) (67,108) Repair and maintenance of furniture, machinery, equipment (27,768) (46,791) Maintenance of premises (90,482) (91,280) Premises rentals (544,545) (520,970) Utilities (169,839) (166,789) g) Other functioning costs: (929,790) (969,312) Insurance (73,128) (112,379) Office equipment rentals (4,951) (5,462) Postage (136,134) (147,776) Printing and stationery (43,771) (61,055) Administrative services (243,524) (245,463) Logistic services (35,314) (24,218) Transport of documents (52,473) (62,573) Supply of small office items(16,727) (24,805) Donations (9,905) (10,500) Association dues and fees(104,937) (70,241) Other expenses - Other (208,926) (204,840) Total (1+2) (4,132,662) (4,476,523) The item “miscellaneous costs and expenses” includes costs arising from the business combinations and restructuring transactions with the HVB and Capitalia groups in the amount of €45,291 thousand (€33,304 thousand in the first nine months 2008), mainly included in sub-item “other functioning costs”, recognized in the item “integration costs” in the reclassified income statement.
Advertising - market and comunication researches (12,418) (16,402)<br />
Sponsorship (52,505) (52,494)<br />
Entertainment and other expenses (30,211) (43,950)<br />
Convention and internal comunications (6,988) (18,744)<br />
b) Expenses related to credit risk: (149,778) (156,705)<br />
Legal expenses to credit recovery (84,900) (105,883)<br />
Credit information and inquiries (32,543) (39,037)<br />
Credit recovery services (32,335) (11,785)<br />
c) Expenses related to personnel: (253,743) (330,218)<br />
Personnel area services (6,101) (2,870)<br />
Personnel training & recruiting (41,624) (77,567)<br />
Travel expenses and car rentals (159,356) (203,791)<br />
Premises rentals for personnel (32,376) (29,354)<br />
Expenses for personnel financial advisors (14,286) (16,636)<br />
d) Information comunication technology expenses: (955,576) (1,029,815)<br />
Lease of ICT equipment and software (170,415) (223,530)<br />
Supply of small IT items (6,800) (5,196)<br />
ICT consumables (ICT) (11,087) (24,180)<br />
Telephone, swift & data transmission (ICT) (147,228) (189,060)<br />
ICT services (379,272) (342,715)<br />
Financial information providers (111,806) (107,215)<br />
Repair and maintenance of ICT equipment (128,968) (137,919)<br />
e) Consulting and professionals services: (264,449) (267,293)<br />
Technical consulting (63,178) (87,901)<br />
Professional services (63,388) (66,184)<br />
Management consulting (38,222) (39,505)<br />
Legal and notarial expenses (99,661) (73,703)<br />
f) Real estate expenses: (986,977) (968,588)<br />
Internal and external surveillance of premises (71,285) (68,017)<br />
Real estate services (16,502) (7,633)<br />
Cleaning of premises (66,556) (67,108)<br />
Repair and maintenance of furniture, machinery, equipment (27,768) (46,791)<br />
Maintenance of premises (90,482) (91,280)<br />
Premises rentals (544,545) (520,970)<br />
Utilities (169,839) (166,789)<br />
g) Other functioning costs: (929,790) (969,312)<br />
Insurance (73,128) (112,379)<br />
Office equipment rentals (4,951) (5,462)<br />
Postage (136,134) (147,776)<br />
Printing and stationery (43,771) (61,055)<br />
Administrative services (243,524) (245,463)<br />
Logistic services (35,314) (24,218)<br />
Transport of documents (52,473) (62,573)<br />
Supply of small office items(16,727) (24,805)<br />
Donations (9,905) (10,500)<br />
Association dues and fees(104,937) (70,241)<br />
Other expenses - Other (208,926) (204,840)<br />
Total (1+2) (4,132,662) (4,476,523)<br />
The item “miscellaneous costs and expenses” includes costs arising from the business combinations and restructuring transactions with the<br />
HVB and Capitalia groups in the amount of €45,291 thousand (€33,304 thousand in the first nine months 2008), mainly included in sub-item<br />
“other functioning costs”, recognized in the item “integration costs” in the reclassified income statement.
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