AFD_REGISTRATION_DOCUMENT_2017

5

FINANCIAL INFORMATION

ECONOMIC Presentation of the consolidated financial statements

5.3.2. Consolidated income statement

2017 1,361 -1,006

2016 1,419 -1,107

Change

In millions of euros

Income on loans and guarantees P Financial expenses on borrowings

-57 101

Subsidies

186

194

-8 12 -6 -7 -4 32 42 26 16

Commissions

71 82 24 36

59 88 31 40

Net gains/losses on financial instruments at fair value through profit and loss

Investment income

Ancillary income and miscellaneous expenses

NET BANKING INCOME

755 367 235 132

724 325 209 116

Overheads - Staff costs

- Taxes and other general expenses

Provisions for depreciation/amortisation on intangible assets and property, plant and equipment

20

18

3

Total expenses on non-banking operations

388 367 -12 -53 -11 355 52

343 381 -98 -43 -52

45

GROSS OPERATING INCOME

-13

Cost of risk

86 95 -1 -8 72 -3

- Collective provisions

- Individual impairments of non-sovereign loans

- Losses on principal of bad loans

-3

OPERATING INCOME

283

Share of earnings from companies accounted for by the equity method

5

8 1 0

Net gains or losses on other assets +/-Change in value of purchases

-12

-13.3

0

0

PRE-TAX INCOME

347 -15

292 -25

56 10

Corporate tax

Net income from discontinued or discontinuing activities

0

0

0

Net income

332 -20 313

266 -20 246

66

Minority interests

0

NET INCOME - GROUP SHARE

67

85

REGISTRATION DOCUMENT 2017

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