Group Income Statement for 1995
(x NLG 1,000)
1995
1994
income
Interest income
562,034
616,081
Interest expense
389,952
434,802
Interest
172,082
181,279
Income from securities and participating interests
9,372
5,479
Commission income
3,344
7,016
Commission expense
345
1,074
Commission
2,999
5,942
Result on financial transactions
4,154
11,367
Other revenue
1,599
2,468
Other income
18,124
25,256
Total income
190,206
206,535
Expenses
Personnel and other administrative expenses:
- personnel costs 24,971 23,532
- other administrative expenses 12,277 12,012
37,248
35,544
Depreciation
2,820
2,869
Other operating expenses
10,593
549
Operating expenses
50,661
38,962
Value adjustments to receivables
4,785
5,000
Total expenses
55,446
43,962
Result before taxation
134,760
162,573
Taxation
(30,111]
(36,959)
Net result
104,649
125,614
