Profit and loss account
For the financial year ending 31 December 2018 (in €‘000)
Notes
2018
2017
Interest receivable and similar income
(a) on loans and advances to credit institutions
1,688
304
(b) on loans and advances to euro area Member States
17
1,189,777
938,764
(c) on debt securities including fixed-income securities
18
76,784
59,759
(d) on debts issued
102,783
95,744
(e) other
26
259,200
71,339
1,630,232
1,165,910
Interest payable and similar charges
(a) on cash and cash equivalents
19
(301,295)
(273,744)
(b) on loans to credit institutions
(2,450)
(329)
(c) on debts issued
(779,038)
(677,873)
(d) on debt securities including fixed-income securities
18
(7,880)
(7,937)
(e) other
26
(508,420)
(159,942)
(1,599,083)
(1,119,825)
Commissions payable
(19)
(26)
Other operating income
34,277
37,709
Net profit on financial operations
21/27
44,333
27,174
General administrative expenses
(a) staff costs
22
(32,431)
(31,166)
- wages and salaries
(23,419)
(22,841)
- social security
(9,012)
(8,325)
of which relating to pension
(7,924)
(7,074)
(b) other administrative expenses
23
(33,768)
(29,019)
(66,199)
(60,185)
Value adjustments in respect of intangible and tangible assets
(1,258)
(1,099)
Profit before extraordinary items
42,283
49,658
Extraordinary income
24/27
242,465
18,930
Profit for the financial year
284,748
68,588
Financial data
