FINANCIAL REPORT 2016

1. EXTRACT FROMTHE CONSOLIDATED FINANCIALSTATEMENTS

1.1. INCOME STATEMENT

Notes

31.12.2016

31.12.2015

(in thousands of euros)

Interest receivable and similar income

2.6.1

383090

261446

Interest payable and similar expense

2.6.1

-239430

-131603

Commission and fee income

2.6.2

691584

692300

Commission and fee expense

2.6.2

-139488

-128270

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

2.6.3

53499

48574

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

2.6.4

20223

18125

Income related to other activities

2.6.5

10961

50187

Expenses related to other activities

2.6.5

-30584

-62381

NET BANKING INCOME

749854

748380

Total operating expenses

2.6.6

-569171

-559383

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

2.6.7

-23571

-23759

GROSS OPERATING INCOME

157112

165237

Cost of risk

2.6.8

-12

-186

OPERATING INCOME

157100

165051

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

-118

Change in value of Goodwill PRE-TAX INCOME

157100

164933

Income tax expense

2.6.9.1

-38632

-50563

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

118468

114370

Non-controlling interests NET INCOME - GROUP SHARE

118468

114370

Earnings per share (in euros)

2.7.15.2

7.25

7.22

Diluted earnings per share (in euros)

2.7.15.2

7.25

7.22

5