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Profit and Loss Account

Excerpt from the profit and loss account for the years 2008 and 2009

Income and Charges (in million EUR)

Income

2008

2009

Current and non-recurrent income from participating interests

55

32

Income from long-term loans 

180

175

Income from consultancy, trust business, other services

11

13

Other income

25

27

Charges

2008

2009

Provisions for risk (net)*

96

178

Interest payable 

67

37

Staff costs and operating charges

83

80

Pre-tax operating result

25

-48

Taxes

6

3

Loss/profit for the financial year

19

-51

Transfer/withdrawal purpose-tied reserve fund

1

1

Net loss/income

20

-50

* Net: Gross charges for provisions with respect to risk were balanced out against income from write back of provisions for risk.


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