Belgium Business Unit

Income statement (in millions of EUR) FY 2016 FY 2017 FY 2018 FY2019
Net interest income 2 701 2 394 2 576 2 516
Non-life insurance (before reinsurance) 440 526 527 494
     Earned premiums 1 012 1 043 1 070 1 115
     Technical charges -572 -516 -543 -621
Life insurance (before reinsurance) -208 -132 -110 -95
     Earned premiums 1 217 927 998 1 000
     Technical charges -1 425 -1 059 -1 108 -1 095
Ceded reinsurance result -12 -15 -26 -2
Dividend income 61 52 74 78
Net result from financial instruments at fair value through profit or loss 329 539 101 177
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
90 123 0 4
Net fee and commission income 1 070 1 290 1 182 1 182
Other net income 208 174 225 187
TOTAL INCOME 4 680 4 953 4 549 4 542
Operating expenses -2 432 -2 452 -2 484 -2 485
Impairment -179 -116 -93 -244
Share in results of associated companies and joint ventures 0 -13 -8 -6
RESULT BEFORE TAX 2 070 2 372 1 963 1 807
Income tax expense -637 -797 -513 -463
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 1 433 1 575 1 450 1 344
     attributable to minority interests 0 0 0
    attributable to equity holders of the parent 1 432 1 575 1 450 1 344

 

Czech republic Business Unit

Income statement (in millions of EUR) FY 2016 FY 2017 FY 2018 FY 2019
Net interest income 849 888 1 043 1 277
Non-life insurance (before reinsurance) 78 86 103 115
     Earned premiums 190 216 248 281
     Technical charges -112 -130 -145 -166
Life insurance (before reinsurance) 36 48 58 54
     Earned premiums 271 260 260 228
     Technical charges -234 -212 -202 -174
Ceded reinsurance result -4 -4 -8 -5
Dividend income 0 0 1 1
Net result from financial instruments at fair value through profit or loss 117 222 72 -85
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
48 17 0 0
Net fee and commission income 191 192 257 254
Other net income 18 40 14 102
TOTAL INCOME 1 333 1 490 1 540 1 714
Operating expenses -608 -646 -729 -770
Impairment -24 -24 -42 -17
Share in results of associated companies and joint ventures 23 21 19 8
RESULT BEFORE TAX 724 842 788 935
Income tax expense -128 -140 -134 -146
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 596 702 654 789
     attributable to minority interests 0 0 0 0
     attributable to equity holders of the parent 596 702 654 789

 

International Markets Business Unit

Income statement (in millions of EUR) FY 2016 FY 2017 FY 2018 FY 2019
Net interest income 740 837 896 863
Non-life insurance (before reinsurance) 91 83 117 136
     Earned premiums 198 224 254 315
     Technical charges -107 -141 -137 -179
Life insurance (before reinsurance) 20 25 34 36
     Earned premiums 89 85 101 95
     Technical charges -69 -60 -67 -60
Ceded reinsurance result -6 9 -11 -8
Dividend income 0 1 0 0
Net result from financial instruments at fair value through profit or loss 89 95 74 48
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
38 3 0 2
Net fee and commission income 201 232 284 301
Other net income -1 -112 17 -11
TOTAL INCOME 1 173 1 173 1 412 1 367
Operating expenses -750 -837 -909 -932
Impairment 34 190 118 12
Share in results of associated companies and joint ventures 0 4 5 5
RESULT BEFORE TAX 457 529 626 452
Income tax expense -29 -85 -93 -73
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 428 444 533 379
     attributable to minority interests 0 0 0 0
     attributable to equity holders of the parent 428 444 533 379

 

Last update: 14-02-2020

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