Group Income Statement
for 2002
(x 1,000)
2001
INCOME
Interest income
258,710
268,537
Interest expense
183,268
197,076
Interest
75,442
71,461
Income from securities and participating interests
94
81
Commission income
1,649
864
Commission expense
780
269
Commission
Other revenue
869 595
891 566
Other income
1,854
1,242
Total income
77,296
72,703
EXPENSES
Personnel and other administrative expenses:
personnel costs 13,199 13,261
other administrative expenses 5,565 5,279
18,764
18,540
Depreciation
869
773
Other operating expenses
1,682
718
Operating expenses
21,315
20,031
Value adjustments to receivables
336
9,146
Total expenses
21,651
29,177
Result before taxation
55,645
43,526
Taxation
(17,068)
(14,112)
Net profit
38,577
29,414
