Company Income Statement for 1996
(x NLG 1,000)
1996
1995
Income
Interest income
499,642
555,766
Interest expense
Interest
389,642
110,000
416,522
139,244
Income from securities and participating interests
41,802
39,868
Commission income
4,253
4,528
Commission expense
1,520
1,148
Commission
2,733
3,380
Result on financial transactions
859
4,154
Other revenue
1,302
1,345
Other income
46,696
48,747
Total income
156,696
187,991
Expenses
Personnel and other administrative expenses:
- personnel costs
20,461
23,813
- other administrative expenses
13,035
33,496
12,541
36,354
Depreciation
1,917
1,787
Other operating expenses
7,073
10,590
Operating expenses
42,486
48,731
Value adjustments to receivables
3,582
4,785
Total expenses
46,068
53,516
Result before taxation
110,628
134,475
Taxation
(26,101)
(29,826)
Net profit
84,527
104,649
