FINANCIAL REPORT 2017

2.6. NOTES TOTHE INCOME STATEMENT 2.6.1. INTEREST INCOME AND EXPENSE

31.12.2017

31.12.2016

(in thousands of euros)

Interbank transactions

52637

17944

Customer transactions

180727

98944

Accrued interest receivable on available-for-sale financial assets

172843

163292

Accrued interest receivable on hedging instruments

72780

55240

Other interest and similar income

33092

47670

INTEREST INCOME

512080

383090

Interbank transactions

-90764

-62537

Customer transactions

-39234

-5974

Debt securities

-13071

Subordinated debt

-9691

-10368

Accrued interest payable on hedging instruments

-172646

-140538

Other interest and similar expense

-34601

-20013

INTEREST EXPENSE

-360007

-239430

2.6.2. NET COMMISSION AND FEE INCOME

31.12.2017

31.12.2016

(in thousands of euros)

Income Expense

Net

Income Expense

Net

1

1

659

659

Interbank transactions

1544

1544

1549

1549

Customer transactions

-29

-29

-22

-22

Securities transactions

9931

9931

6172

17

6189

Foreign exchange transactions

Derivative instruments and other off-balance sheet items Payment instruments and other banking and financial services

74145 -65263

8882

29540 -22400

7140

148386

-81192

67194 138650 -79332

59318

Mutual funds management, fiduciary and similar operations

548099 -46178 501921

515014 -37751

477263

NET COMMISSION AND FEE INCOME

782106 -192662 589443 691584 -139488 552096

2.6.3. NET GAINS (LOSSES) ON FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS

31.12.2017

31.12.2016

(in thousands of euros)

Unrealised or realised gains or losses on assets/liabilities at fair value through profit or loss classified as held for trading Net gains (losses) on foreign exchange transactions and similar financial instruments (excluding gains or losses on hedges of net investments in foreign operations)

1347

2799

69025

50701

-1

Gains or losses from hedge accounting

NET GAINS (LOSSES) ON FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS

70372

53499

26