Group Income Statement for 1996
(x NLG 1,000)
Income
Interest income
Interest expense
1996
507,932 562,034
363,287 389,952
Interest
144,645
Income from securities and participating interests
Commission income 4,153
Commission expense 358
2,398
3,344
345
Commission
Result on financial transactions
Other revenue
3,795
859
4,034
Other income
11,086
Total income
155,731
Expenses
Personnel and other administrative expenses:
- personnel costs 21,684 24,971
- other administrative expenses 12,573 12,277
34,257
Depreciation
2,617
Other operating expenses
4,454
Operating expenses
41,328
Value adjustments to receivables
3,582
Total expenses
44,910
Result before taxation
110,821
Taxation
(26,294)
Net profit
84,527
1995
172,082
9,372
2,999
4,154
1,599
18,124
190,206
37,248
2,820
10,593
50,661
4,785
55,446
134,760
(30,111)
104,649