FINANCIAL REPORT 2015

1. EXTRACT FROM THE CONSOLIDATED FINANCIAL STATEMENTS

1.1. INCOME STATEMENT

Notes

31.12.2015

31.12.2014 Restated (1)

(in thousands of euros)

Interest receivable and similar income

2.6.1

261 446

348 040

Interest payable and similar expense

2.6.1

-131 603

-200 538

Commission and fee income

2.6.2

692 300

663 040

Commission and fee expense

2.6.2

-128 270

-121 907

Net gains (losses) on financial instruments at fair value through profit or loss

2.6.3

48 574

33 536

Net gains (losses) on available-for-sale financial assets

2.6.4

18 125

13 480

Income related to other activities

2.6.5

50 187

45 597

Expenses related to other activities

2.6.5

-62 381

-58 644

NET BANKING INCOME

748 380

722 604

Total operating expenses

2.6.6

-559 383

-551 469

Depreciation, amortisation and impairment of property, plant & equipment and intangible assets

2.6.7

-23 759

-20 970

GROSS OPERATING INCOME

165 237

150 166

Cost of risk

2.6.8

-186

688

OPERATING INCOME

165 051

150 854

Share of profit in equity-accounted entities Net gains (losses) on disposal of other assets

-118

Change in value of Goodwill

-350 003

PRE-TAX INCOME

164 933

-199 149

Income tax expense

2.6.9.1

-50 563

-40 726

After-tax income from discontinued or held-for-sale operations NET INCOME

114 370

-239 875

Non-controlling interests

0

0

NET INCOME - GROUP SHARE

114 370

-239 875

Earnings per share (in euros)

2.7.15.2

7.22

-15.15

Diluted earnings per share (in euros) -15.15 (1) Restated amounts compared with the financial statements published in 2014, following the application of IFRIC 21 2.7.15.2 7.22

5