Company Income Statement for 1994
(x NLG 1,000)
1994
1993
Income
Interest income
535,645
508,264
Interest expense
391,083
379,739
Interest
144,562
128,525
Income from securities and
participating interests
40,672
41,570
Commission income
8,723
7,414
Commission expense
1,337
650
Commission
7,386
6,764
Result on financial transactions
11,367
76
Other revenue
993
2,978
Other income
60,418
51,388
Total income
204,980
179,913
Expenses
Personnel and other service costs:
- personnel costs
22,794
21,096
- other service costs
12,738
10,826
35,532
31,922
Depreciation
1,814
2,494
Other operating costs
495
1,766
Operating expenses
37,841
36,182
Value adjustments to receivables
5,000
10,000
Total expenses
42,841
46,182
Result before taxation
162,139
133,731
Taxation
(36,525)
(33,438)
Net result
125,614
100,293
