06.10.2014 13:09

Q3 Results 2014



Credit Europe Bank N.V.

Consolidated Statement of Financial Position

As of September 30, 2014

 

       In thousands of EURO unless otherwise indicated

 

 

30/09/ 2014

(Unaudited)

31/12/ 2013

Assets

 

 

Cash and balances at central banks

249,196

500,873

Financial assets at fair value through profit or loss

17,173

17,552

Financial investments

1,061,317

1,550,003

Loans and receivables - banks

386,956

692,841

Loans and receivables - customers

6,522,779

6,652,984

Derivative financial instruments

268,906

346,810

Equity accounted investment

26,811

17,084

Property and equipment

114,834

107,177

Intangible assets

36,468

35,040

Deferred tax assets

24,540

17,360

Current tax assets

6,420

12,805

Other assets

195,991

207,251

Total assets

8,911,391

10,157,780

 

 

 

Liabilities

 

 

Due to banks

893,562

1,631,970

Due to customers

5,723,920

6,002,197

Derivative financial instruments

339,717

309,025

Issued debt securities

558,302

862,220

Deferred tax liabilities

38,127

40,877

Current tax liabilities

4,510

12,973

Other liabilities

45,261

79,532

Total liabilities (excluding subordinated liabilities)

7,603,399

8,938,794

Subordinated liabilities

627,811

577,714

Total liabilities

8,231,210

9,516,508

 

 

 

Equity

 

 

Equity attributable to shareholders of the Parent Company

678,295

637,530

Equity attributable to non-controlling interests

1,886

3,742

Total equity

680,181

641,272

Total equity and liabilities

8,911,391

10,157,780

 

             

01/01/2014 -30/09/2014

(unaudited)

01/01/2013 -30/09/2013

(unaudited)

Interest and similar income

692,483

723,735

Interest expense and similar charges

(379,995)

(394,940)

Net interest income

312,488

328,795

 

 

 

Fees and commissions income

96,750

99,433

Fees and commissions expense

(43,505)

(43,423)

Net fee and commission income

53,245

56,010

 

 

 

Net trading income

8,744

12,150

Results from financial transactions

35,826

28,596

Other operating income

20,210

13,129

Operating income

64,780

53,875

 

 

 

Credit loss charges

(187,026)

(138,251)

Net operating income

243,487

300,429

 

 

 

Personnel expenses

(105,022)

(120,611)

General and administrative expenses

(66,920)

(68,887)

Depreciation and amortization

(13,184)

(17,278)

Other operating expenses

(3,911)

(5,806)

Other impairment loss

(722)

(4,031)

Total operating expenses

(189,759)

(216,613)

 

 

 

Share of loss of associate

2,228

189

Operating profit before tax

55,956

84,005

 

 

 

Income tax expense

(10,698)

(17,609)

Profit for the period

45,258

66,396