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
