FINANCIAL REPORT 2014

2.5.3.2. Hedgingderivativeinstruments

(in thousands of euros)

31.12.2014

31.12.2013

Market value

Notional amount

Market value

Notional amount

positive

negative

positive

negative

FAIR VALUE HEDGES Interest rate

407 407 407

106 315 106 315

3 306 700 3 306 700

3 670 3 670 3 670

54 406 54 406

3 150 000 3 150 000

TOTAL

106 315 3 306 700

54 406 3 150 000

2.6. NOTES TO THE INCOME STATEMENT

2.6.1. INTEREST INCOME AND EXPENSE

(in thousands of euros)

31.12.2014

31.12.2013

Interbank transactions Customer transactions

19 554

22 873

19 472

18 327

Accrued interest receivable on available-for-sale financial assets

211 941

307 949

Accrued interest receivable on hedging instruments

92 756

35 707

Other interest and similar income

4 317

10 684

INTEREST INCOME

348 040

395 540

Interbank transactions Customer transactions

-12 883

-13 427

-49 617

-52 845

Subordinated debt

-14 346

-9 010

Accrued interest payable on hedging instruments

-123 607

-87 848

Other interest and similar expense

-86

4

INTEREST EXPENSE

-200 538

-163 126

2.6.2. NET COMMISSION AND FEE INCOME

31.12.2014

(in thousands of euros)

Income Expense

Net

Income Expense

Net

Customer transactions

0

Foreign exchange transactions

5 653

-452

5 202

6 499

-529

5 969

Derivative instruments and other off-balance sheet items Payment instruments and other banking and financial services Mutual funds management, fiduciary and similar operations

7 707

-3 089

4 618

8 792

-2 761

6 031

137 450 -63 868

73 582

132 563

-69 384

63 179

512 230 -54 498

457 731

504 485

-52 969

451 516

NET COMMISSION AND FEE INCOME

663 040 -121 907

541 133 652 338 -125 644 526 695

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