Annual report 2008
Binck Bank
- Consolidated Financial Statements
- Notes to the consolidated financial statements
- Notes to the consolidated balance sheet
- 8. Cash and balances with central banks 9. Banks 10. Financial assets held for trading 11. Financial assets at fair value through profit or loss
- 12. Available-for-sale financial assets 13. Loans and receivables
- 14. Held-to-maturity financial assets 15. Investments in associates
- 16. Intangible assets
- 17. Property, plant and equipment
- 18. Tax
- 19. Deferred tax
- 20. Other assets 21. Prepayments and accrued income 22. Derivative positions held on behalf of clients
- 23. Customer deposits 24. Financial liabilities at amortised cost 25. Provisions
- 26. Other liabilities 27. Accruals and deferred income
- 28. Shareholders' equity
- Notes to the consolidated income statement
- 29. Interest 30. Commission
- 31. Other income 32. Result on investments 33. Impairment losses on financial instruments 34. Employee expenses
- 35. Depreciation and amortisation 36. Other operating expenses 37. Earnings per share (euros)
- 38. Diluted earnings per share (euros) 39. Paid and proposed dividend
- 40. Related party disclosures
- 41. Liabilities not shown on the face of the balance sheet
- 42. Post-balance-sheet events 43. Segment information
- 44. Financial risks
- 45. Fair value financial instruments
- Company Financial Statements
- Notes to the company financial statements
- Notes to the company balance sheet
- C. Cash and balances with central banks d. Due from Banks e. Financial assets held for trading f. Financial assets at fair value through profit and loss
- G. Available-for-sale financial assets h. Loans and receivables i. Held-to-maturity financial assets j. Investments in subsidiaries and associates
- K. Intangible assets
- L. Property, plant and equipment
- M. Current tax assets n. Deferred tax o. Other assets
- P. Prepayments and accrued income q. Customer deposits r. Financial liabilities at amortised cost s. Provisions
- T. Other liabilities u. Accruals and deferred income
- V. Shareholders' equity w. Other information
Consolidated income statement
Notes
2008
2007
x € 1,000
x € 1,000
Revenue
Interest income
95,500
28,070
Interest expense
(54,860)
(10,125)
Net interest income
40,640
17,945
Commission income
139,577
68,606
Commission expense
(38,396)
(22,609)
Net commission income
101,181
45,997
Other operating income
6,162
5,504
Result on investments
1,230
286
Impairment losses/reversals on financial
assets and liabilities
(205)
(1,089)
Total revenue from operating activities
149,008
68,643
Expenses
Emloyee expenses
38,443
17,450
Depreciation and amortisation
31,789
1,699
Other operating expenses
37,316
14,190
Total expenses
107,548
33,339
Result from continuing operations
41,460
35,304
Share in profits (losses) of associates
520
80
Result before tax
41,980
35,384
Income tax expense
(8,941)
(4,785)
Result after tax from continuing operations
33,039
30,599
Result after tax from discontinued operations
106
1,556
Net profit for the year
33,145
32,155
EPS on continuing operations (e)
0.43
0.93
EPS on discontinued operations (e)
0.00
0.05
Earnings per share (e)
0.43
0.98
Diluted EPS on continuing operations (e)
0.43
0.93
Diluted EPS on discontinued operations (e)
0.00
0.05
Diluted earnings per share (e)
0.43
0.98