Belgium Business Unit

Income statement (in millions of EUR) FY 2018 FY2019 FY 2020 FY 2021
Net interest income 2 576 2 516 2 579 2 533
Non-life insurance (before reinsurance) 527 494 562 460
     Earned premiums 1 070 1 115 1 141 1 197
     Technical charges -543 -621 -579 -737
Life insurance (before reinsurance) -110 -95 -63 -55
     Earned premiums 998 1 000 913 903
     Technical charges -1 108 -1 095 -976 -958
Ceded reinsurance result -26 -2 -12 36
Dividend income 74 78 47 38
Net result from financial instruments at fair value through profit or loss 101 177 32 224
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
0 4 0 2
Net fee and commission income 1 182 1 182 1 138 1 320
Other net income 225 187 157 195
TOTAL INCOME 4 549 4 542 4 438 4 754
Operating expenses -2 484 -2 485 -2 398 -2 436
Impairment -93 -244 -695 303
Share in results of associated companies and joint ventures -8 -6 -9 -3
RESULT BEFORE TAX 1 963 1 807 1 335 2 618
Income tax expense -513 -463 -335 -621
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 1 450 1 344 1 001 1 997
     attributable to minority interests 0 0
    attributable to equity holders of the parent 1 450 1 344 1 001 1 997

 

Czech republic Business Unit

Income statement (in millions of EUR) FY 2018 FY 2019 FY 2020 FY 2021
Net interest income 1 043 1 277 1 012 972
Non-life insurance (before reinsurance) 103 115 141 142
     Earned premiums 248 281 302 337
     Technical charges -145 -166 -161 -194
Life insurance (before reinsurance) 58 54 48 61
     Earned premiums 260 228 206 182
     Technical charges -202 -174 -158 -121
Ceded reinsurance result -8 -5 -1 17
Dividend income 1 1 1 1
Net result from financial instruments at fair value through profit or loss 72 -85 7 95
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
0 0 1 -4
Net fee and commission income 257 254 203 214
Other net income 14 102 13 8
TOTAL INCOME 1 540 1 714 1 425 1 506
Operating expenses -729 -770 -752 -803
Impairment -42 -17 -226 126
Share in results of associated companies and joint ventures 19 8 -2 -3
RESULT BEFORE TAX 788 935 446 827
Income tax expense -134 -146 -71 -129
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 654 789 375 697
     attributable to minority interests 0 0 0 0
     attributable to equity holders of the parent 654 789 375 697

 

International Markets Business Unit

Income statement (in millions of EUR) FY 2018 FY 2019 FY 2020 FY 2021
Net interest income 896 863 894 962
Non-life insurance (before reinsurance) 117 136 150 160
     Earned premiums 254 315 321 336
     Technical charges -137 -179 -172 -176
Life insurance (before reinsurance) 34 36 26 39
     Earned premiums 101 95 105 111
     Technical charges -67 -60 -79 -71
Ceded reinsurance result -11 -8 -5 -16
Dividend income 0 0 0 1
Net result from financial instruments at fair value through profit or loss 74 48 43 23
Net realised result from available-for-sale assets /
Net realised result from debt instruments at fair value through OCI
0 2 2 2
Net fee and commission income 284 301 273 305
Other net income 17 -11 8 -7
TOTAL INCOME 1 412 1 367 1 391 1 469
Operating expenses -909 -932 -894 -1 048
Impairment 118 12 -250 -160
Share in results of associated companies and joint ventures 5 5 0 0
RESULT BEFORE TAX 626 452 247 262
Income tax expense -93 -73 -48 -135
Net post-tax result from discontinued operations 0 0 0 0
RESULT AFTER TAX 533 379 199 127
     attributable to minority interests 0 0 0 0
     attributable to equity holders of the parent 533 379 199 127

 

Last update: 11-02-2022