Belgium Business Unit

Income statement (in millions of EUR) FY 2017 FY 2018 FY2019 FY 2020
Net interest income 2 394 2 576 2 516 2 579
Non-life insurance (before reinsurance) 526 527 494 562
     Earned premiums 1 043 1 070 1 115 1 141
     Technical charges -516 -543 -621 -579
Life insurance (before reinsurance) -132 -110 -95 -63
     Earned premiums 927 998 1 000 913
     Technical charges -1 059 -1 108 -1 095 -976
Ceded reinsurance result -15 -26 -2 -12
Dividend income 52 74 78 47
Net result from financial instruments at fair value through profit or loss 539 101 177 32
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
123 0 4 0
Net fee and commission income 1 290 1 182 1 182 1 138
Other net income 174 225 187 157
TOTAL INCOME 4 953 4 549 4 542 4 438
Operating expenses -2 452 -2 484 -2 485 -2 398
Impairment -116 -93 -244 -695
Share in results of associated companies and joint ventures -13 -8 -6 -9
RESULT BEFORE TAX 2 372 1 963 1 807 1 335
Income tax expense -797 -513 -463 -335
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 1 575 1 450 1 344 1 001
     attributable to minority interests 0 0
    attributable to equity holders of the parent 1 575 1 450 1 344 1 001

 

Czech republic Business Unit

Income statement (in millions of EUR) FY 2017 FY 2018 FY 2019 FY 2020
Net interest income 888 1 043 1 277 1 012
Non-life insurance (before reinsurance) 86 103 115 141
     Earned premiums 216 248 281 302
     Technical charges -130 -145 -166 -161
Life insurance (before reinsurance) 48 58 54 48
     Earned premiums 260 260 228 206
     Technical charges -212 -202 -174 -158
Ceded reinsurance result -4 -8 -5 -1
Dividend income 0 1 1 1
Net result from financial instruments at fair value through profit or loss 222 72 -85 7
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
17 0 0 1
Net fee and commission income 192 257 254 203
Other net income 40 14 102 13
TOTAL INCOME 1 490 1 540 1 714 1 425
Operating expenses -646 -729 -770 -752
Impairment -24 -42 -17 -226
Share in results of associated companies and joint ventures 21 19 8 -2
RESULT BEFORE TAX 842 788 935 446
Income tax expense -140 -134 -146 -71
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 702 654 789 375
     attributable to minority interests 0 0 0 0
     attributable to equity holders of the parent 702 654 789 375

 

International Markets Business Unit

Income statement (in millions of EUR) FY 2017 FY 2018 FY 2019 FY 2020
Net interest income 837 896 863 894
Non-life insurance (before reinsurance) 83 117 136 150
     Earned premiums 224 254 315 321
     Technical charges -141 -137 -179 -172
Life insurance (before reinsurance) 25 34 36 26
     Earned premiums 85 101 95 105
     Technical charges -60 -67 -60 -79
Ceded reinsurance result 9 -11 -8 -5
Dividend income 1 0 0 0
Net result from financial instruments at fair value through profit or loss 95 74 48 43
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
3 0 2 2
Net fee and commission income 232 284 301 273
Other net income -112 17 -11 8
TOTAL INCOME 1 173 1 412 1 367 1 391
Operating expenses -837 -909 -932 -894
Impairment 190 118 12 -250
Share in results of associated companies and joint ventures 4 5 5 0
RESULT BEFORE TAX 529 626 452 247
Income tax expense -85 -93 -73 -48
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 444 533 379 199
     attributable to minority interests 0 0 0 0
     attributable to equity holders of the parent 444 533 379 199

 

Last update: 16-02-2021

We use cookies and similar technologies to make our website work better for you and ensure your online experience with us is more enjoyable and rewarding. We may also adapt our website to your needs and preferences. By continuing to use this website, you consent to our use of cookies. Learn more or reject cookies.