Audited Financial Reporting
Consolidated statement of income
Notes | 1-12 17 | 1-12 18 | |
Net interest income | 1 | 4,353,154 | 4,581,977 |
Interest income | 1 | 5,624,422 | 5,174,274 |
Other similar income | 1 | x | 1,772,606 |
Interest expenses | 1 | -1,271,268 | -1,003,447 |
Other similar expenses | 1 | x | -1,361,456 |
Net fee and commission income | 2 | 1,851,567 | 1,908,449 |
Fee and commission income | 2 | 2,329,384 | 2,377,020 |
Fee and commission expenses | 2 | -477,816 | -468,571 |
Dividend income | 3 | 43,726 | 29,043 |
Net trading result | 4 | 222,802 | -1,697 |
Gains/losses from financial instruments measured at fair value through profit or loss | 5 | -12,302 | 195,406 |
Net result from equity method investments |
| 15,857 | 13,102 |
Rental income from investment properties & other operating leases | 6 | 194,235 | 189,368 |
Personnel expenses | 7 | -2,388,581 | -2,474,238 |
Other administrative expenses | 7 | -1,309,630 | -1,234,893 |
Depreciation and amortisation | 7 | -460,022 | -471,966 |
Gains/losses from financial assets and liabilities not measured at fair value through profit or loss, net | 8 | 156,431 | x |
Gains/losses from derecognition of financial assets measured at amortised cost | 9 | x | 58 |
Other gains/losses from derecognition of financial instruments not measured at fair value through profit or loss | 10 | x | 5,658 |
Net impairment loss on financial assets | 11 | -132,017 | x |
Impairment result from financial instruments | 12 | x | 59,253 |
Other operating result | 13 | -457,425 | -304,549 |
Levies on banking activities | 13 | -105,658 | -112,221 |
Pre-tax result from continuing operations |
| 2,077,797 | 2,494,972 |
Taxes on income | 14 | -410,050 | -332,439 |
Net result for the period |
| 1,667,747 | 2,162,533 |
Net result attributable to non-controlling interests |
| 351,529 | 369,087 |
Net result attributable to owners of the parent |
| 1,316,218 | 1,793,446 |
Earnings per share
Earnings per share constitute net profit/loss for the year attributable to owners of the parent divided by the average number of ordinary shares outstanding. Diluted earnings per share represent the maximum potential dilution (through an increase in the average number of shares) that would occur if all subscription and conversion rights granted were exercised (also see Note 46 Total equity). As in the previous year no subscription and conversion rights were outstanding during the financial year. Diluted earnings per share were equal to the undiluted.
| 1-12 17 | 1-12 18 | |
Net result attributable to owners of the parent | in EUR thousand | 1,316,218 | 1,793,446 |
Dividend on AT1 capital | in EUR thousand | -60,893 | -76,856 |
Net result for the period attributable to owners of the parent after deduction of AT1 capital dividend | in EUR thousand | 1,255,325 | 1,716,590 |
Weighted average number of outstanding shares |
| 426,679,572 | 426,696,221 |
Earnings per share | in EUR | 2.94 | 4.02 |
Weighted average diluted number of outstanding shares |
| 426,679,572 | 426,696,221 |
Diluted earnings per share | in EUR | 2.94 | 4.02 |
Consolidated statement of comprehensive income
For a detailed split of income tax items within other comprehensive income please refer to Note 14 Taxes on income.
Consolidated balance sheet
Consolidated statement of changes in equity
Consolidated statement of cash flows
Notes to the group financial statements of Erste Group
General information
and significant accounting policies
Notes to the statement of comprehensive income and the balance sheet of Erste Group