Group Income Statement for 1993
(xNLG 1,000)
Income
Interest income
Interest expense
1993
1992
608,418 551,772
441,218 441,060
Interest
167,200
110,712
Income from securities and
participating interests
Commission income
Commission expense
1,839
981
5,904
4,132
1,160
5,820
Commission
Result of financial transactions
Other revenue
858
(846)
3,323
2,972
258
6,172
Other income
9,239
15,222
Total income
176,439
125,934
Expenses
Personnel and other service costs:
- personnel costs 19,793 24,555
- other service costs 8,097 12,594
27,890
37,149
Depreciation
2,630
2,193
Other operating costs
1,872
4,173
Operating expenses
32,392
43,515
Value adjustments to receivables
10,000
20,000
Total expenses
42,392
63,515
Result before taxation
134,047
62,419
Taxation
(33,754)
(31,092)
Net result
100,293
31,327