FINANCIAL REPORT 2015

2.5.3.2. Hedgingderivativeinstruments

(in thousands of euros)

31.12.2015

31.12.2014 Restated (1)

Market value

Notional amount

Market value

Notional amount

positive

negative

positive

negative

FAIR VALUE HEDGES Interest rate

18 180 18 180

99 567 99 567

25 036 700 25 036 700

407 407 407

106 315 106 315

3 306 700 3 306 700

TOTAL

18 180

99 567 25 036 700

106 315 3 306 700

(1) Restated amounts compared with the financial statements published in 2014, following the application of IFRIC 21

2.6. NOTES TO THE INCOME STATEMENT

2.6.1. INTEREST INCOME AND EXPENSE

(in thousands of euros)

31.12.2015

31.12.2014 Restated (1)

Interbank transactions Customer transactions

14 632

19 554

27 409

19 472

Accrued interest receivable on available-for-sale financial assets

171 474

211 941

Accrued interest receivable on hedging instruments

39 933

92 756

Other interest and similar income

7 998

4 317

INTEREST INCOME

261 446

348 040

Interbank transactions Customer transactions

-27 656

-12 883

-12 329

-49 617

Subordinated debt

-11 394

-14 346

Accrued interest payable on hedging instruments

-80 204

-123 607

Other interest and similar expense

-20

-86

INTEREST EXPENSE

-131 603

-200 538

(1) Restated amounts compared with the financial statements published in 2014, following the application of IFRIC 21

2.6.2. NET COMMISSION AND FEE INCOME

31.12.2015

31.12.2014 Restated (1)

(in thousands of euros)

Income Expense

Net

Income Expense

Net

Interbank transactions Customer transactions Securities transactions

26

26

0

-53

-53

0

-90

-90

0

Foreign exchange transactions

6 510

-1 592

4 918

5 653

-452

5 202

Derivative instruments and other off-balance sheet items

12 187

-5 223

6 964

7 707

-3 089

4 618

Payment instruments and other banking and financial services Mutual funds management, fiduciary and similar operations

137 685 -69 239 68 446 137 450 -63 868 73 582

535 893 -52 073 483 820 512 230 -54 498 457 731

NET FEES AND COMMISSIONS

692 300 -128 270 564 031

663 040 -121 907

541 133

(1) Restated amounts compared with the financial statements published in 2014, following the application of IFRIC 21

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