AFD_REGISTRATION_DOCUMENT_2017

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS 6 Notes to the consolidated financial statements

Noteb12 Income, expenses and commissions

Note 12.1 Income and expenses by accounting category

31/12/2017 IFRS

31/12/2016 IFRS

In thousands of euros

Interest income

1,358,718

1,418,333

Cash and demand accounts with central banks

550

3,376

Financial assets available for sale

21,136 556,444 226,488 554,099

24,719 845,523

Loans and receivables

Held-to-maturity investments

3,198

Derivatives

541,517

Interest expenses

1,005,923

1,106,637

Central bank deposits

b

b

Financial liabilities valued at amortised cost

326,457 679,466 10,650 87,748

464,341 642,296 15,436 78,817

Derivatives

Dividend income (on available-for-sale assets)

Fee and commission income Fee and commission expenses

1,830

3,402

Net profit (loss) on financial assets and liabilities not measured at fair value through profit and loss

16,924

26,408

Available-for-sale financial assets (net income on disposal)

16,924

26,408

Net profit (loss) on financial assets and liabilities measured at fair value through profit and loss

46,536

13,834

Net profit (loss) resulting from hedge accounting

35,898 -4,690 -12,357 -12,279 239,638 28,453 730,580 367,252

74,284

Translation adjustment

4,921

Net profit (loss) on retirement of assets not available for sale

968

Cost of risk

-97,911 217,646 15,971 626,724 325,062

Other operating income Other operating expenses

TOTAL FINANCIAL AND OPERATING INCOME AND EXPENSES

Administrative expenses Depreciation/amortisation

20,490

17,948

Share of earnings from companies accounted for by the equity method

4,596

7,838

PRE-TAX INCOME

347,434

291,552

Noteb12.2 Net commissions

31/12/2017

31/12/2016

Income

Expenses

Net

Income

Expenses

Net 768

In thousands of euros

Commissions on commitments

15

b

15

768

b

Monitoring and investment commissions

51,264 16,765 13,329

-1,238

50,026 16,765 13,329

16,185 14,364 46,177

-2,312

13,873 14,364 46,177

Analysis commissions

b b

b b

Commissions on gifts and subsidies

Miscellaneous commissions

6,376

-592

5,784

1,324

-1,089 -3,402

234

TOTAL

87,748

-1,830

85,919

78,817

75,415

117

REGISTRATION DOCUMENT 2017

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