Profit and Loss Account

Profit and Loss Account for the Year 2010

EUR

			Year ending December 31, 2010		Year ending December 31, 2009
1.1	Interest income		1,219,511,155.02			1,177,859,436.16
1.2	Interest expense		−500,914,148.30			−551,958,570.23
1	Net interest income			718,597,006.72			625,900,865.93
2.1	Realized gains/losses arising from financial operations		97,222,709.52			360,938,334.59
2.2	Writedowns on financial assets and positions		−73,348,314.03			−34,387,572.03
2.3	Transfer to/from provisions for foreign exchange, interest rate, credit and gold price risks		−300,000,000.00			−549,894,072.50
2	Net result of financial operations, writedowns and risk provisions			−276,125,604.51			−223,343,309.94
3.1	Fees and commissions income		5,192,244.95			5,812,449.66
3.2	Fees and commissions expense		−4,287,978.51			−4,997,524.43
3	Net income from fees and commissions			904,266.44			814,925.23
4	Income from equity shares and participating interests			74,652,953.05			67,240,381.56
5	Net result of pooling of monetary income			22,833,435.73			74,578,618.09
6	Other income			22,795,313.44			16,077,283.23
	Total net income			563,657,370.87			561,268,764.10
7	Staff costs			−119,512,248.77			−119,261,650.29
8	Expenses for retirement			−38,129,106.64			−4,088,741.27
9	Administrative expenses			−77,718,312.30			−80,420,296.95
10	Depreciation of tangible and intangible fixed assets			−11,738,581.65			−11,750,819.01
11	Banknote production services			−14,850,978.00			−25,205,406.00
12	Other expenses			−10,653,069.79			−2,977,685.51
	Total expenses			−272,602,297.15			−243,704,599.03
				291,055,073.72			317,564,165.07
13	Corporate income tax			−72,763,768.43			−79,391,041.27
				218,291,305.29			238,173,123.80
14	Transfers to the pension reserve and central government's share of profit			−196,462,174.76			−216,737,542.66
15	Profit for the year			21,829,130.53			21,435,581.14
			Source: OeNB.