Consolidated profit and loss account for 2002 Annual figures 63 (in EUR millions) 2002 2001 Income Interest income 18,265 20,042 Interest expense 12,874 14,960 Interest 5,391 5,082 Income from securities and participating interests 529 517 Commission income 2,049 1,974 Commission expense 254 214 Commission 1,795 1,760 Results on financial transactions 285 422 Other income 564 653 Total income 8,564 8,434 Expenses Staff costs 3,682 3,565 Other administrative expenses 1,789 2,032 Staff costs and other administrative expenses 5,471 5,597 Depreciation 368 368 Operating expenses 5,839 5,965 Value adjustments to receivables 500 480 Value adjustments to financial fixed assets 252 59 Total expenses 6,591 6,504 Operating profit before taxation 1,973 1,930 Taxation on operating profit 514 532 Operating profit/Group profit after taxation 1,459 1,398 Third-party interests 209 192 Net profit 1,250 1,206

Rabobank Bronnenarchief

Annual Reports Rabobank | 2002 | | pagina 65