Income statement
€ mn | Note | 1 Jan 2011- 31 Dec 2011 | 1 Jan 2010- 31 Dec 2010 | % |
|---|---|---|---|---|
Income Statement | ||||
Net interest income after allowance for credit losses | 199.1 | 141.0 | 41.2 |
|
Net interest income | (15) | 258.3 | 193.0 | 33.8 |
Interest income | 895.9 | 805.4 | 11.2 |
|
Interest expenses | –637.6 | –612.4 | 4.1 |
|
Allowance for credit losses | (16) | –59.2 | –52.0 | 13.8 |
Net fee and commission income | (17) | 116.2 | 124.4 | –6.6 |
Fee and commission income | 122.8 | 133.3 | –7.9 |
|
Fee and commission expenses | –6.6 | –8.9 | –25.8 |
|
Net income from financial instruments in accordance with IAS 39 | (18) | 4.4 | 30.2 | –85.4 |
Net trading result | (18.1) | –0.6 | 0.3 | – |
Hedge result | (18.2) | 10.7 | 3.5 | – |
Result from the application of the fair value option | (18.3) | –0.4 | –0.8 | –50.0 |
Result from derivatives entered into without intention to trade | (18.4) | –3.9 | 16.5 | – |
Net result from investment securities | (18.5) | –1.4 | 10.7 | – |
Results from investments in companies accounted for using the equity method | (19) | 0.1 | 5.8 | –98.3 |
General administrative expenses | (20) | –189.4 | –176.2 | 7.5 |
Net other operating income/expenses | (21) | 17.3 | 5.9 | – |
Consolidated net income before taxes | 147.7 | 131.1 | 12.7 |
|
Income taxes | (22) | –37.3 | –27.1 | 37.6 |
Consolidated net income | 110.4 | 104.0 | 6.2 |
|
thereof: consolidated net income attributable to non-controlling interests | 3.3 | –1.2 | – |
|
thereof: consolidated net income attributable to shareholders of DVB Bank SE | 107.1 | 105.2 | 1.8 |
|
Earnings per share | ||||
Average number of ordinary shares issued | 46,145,504 | 46,170,534 | –0.1 |
|
Basic earnings per share (€) | 2.32 | 2.28 | 1.8 |
|
Diluted earnings per share (€) | 2.32 | 2.28 | 1.8 |
|