Download all the 2012 financial statements
Balance sheet
| BALANCE SHEET in millions of euros |
At 06/31/2012 | At 12/31/2011 | At 12/31/2011 |
|---|---|---|---|
| ASSETS | |||
| Cash in hand, central banks, national giro (note 1) | 3,046.52 | 8,438.91 | 1,200.34 |
| Treasury bills and other bills eligible for refinancing with central banks (note 1) | 4,353.68 | 150.01 | 12 166.95 |
| Loans and advances to credit institutions (note 1) | |||
| . repayable on demand | 4.66 | 0.75 | 0.29 |
| 0.29. repayable at maturity | 1 238.50 | 5,165.53 | 1,129.48 |
| Intangible assets (note 2) | 0.13 | 0.16 | 0.17 |
| Tangible assets (note 2) | 0.00 | 0.00 | 0.00 |
| Real-estate assets (note 13a) | 0.00 | 0.00 | 0.00 |
| Other assets (note 3) | 139.65 | 179.12 | 49.41 |
| Accrued income and prepaid expenses (note 4) | 3,129.62 | 5,463.10 | 2,665.73 |
| TOTAL ASSETS | 11,912.77 | 19,397.59 | 17,212.37 |
| LIABILITIES | |||
| Amounts owed to credit institutions (note 5) | |||
| . repayable on demand | |||
| . repayable at maturity | 3.08 | 0.00 | 0.00 |
| Debts evidenced by certificates (note 6) | |||
| . Negotiable debt instruments | 1,003.37 | 1,026.47 | 0.00 |
| . Bonds and similar instruments | 134,321.07 | 114,046.95 | 92,798.48 |
| . Other debts evidenced by certificates | |||
| Other liabilities (note 7) | 2,073.87 | 3,418.79 | 2,018.54 |
| Accrued expenses and deferred income (note 8) | 890.07 | 789.23 | 624.67 |
|
Sub-total - Debts
|
149,376.26 | 162,162.12 | 103,188.14 |
| Provisions (note 8) | 0.23 | 0.21 | 0.18 |
|
Property endowment
|
181.22 | 181.22 | 181.22 |
| Retained earnings | -149,594.02 | -154,623,81 | -91,991.84 |
| Profit for period | 11,949.07 | 11,677.85 | 5,134.67 |
| Sub-total-Reserves | -137,434.72 | -142,764.74 | -86,675.95 |
| TOTAL LIABILITIES | 11,912.77 | 19,397.59 | 17,212.37 |
Profit ans loss account
| Period ended (in millions of euros) |
At 12/31/2012 | At 12/31/2011 | At 12/31/2010 |
|---|---|---|---|
| Interest receivable and similar income (note 9) | 600.74 | 318.08 | 350.79 |
| . Interest receivable and similar income on transactions with credit institutions | 107.17 | 77.84 | 29.51 |
| . Interest receivable and similar income on bonds and other fixed-income securities | 1.04 | 10.83 | 12.28 |
| . Other interest receivable and similar income | 492.53 | 229.41 | 309.00 |
| Interest payable and similar charges (note 10) | -4 617,77 | -4,049.59 | -3 347,19 |
| . Interest payable and equivalent expenses on transactions with credit institutions | -57.56 | -152.85 | -11,04 |
| . Interest payable and equivalent expenses on bonds and other fixed-income securities | -4 560.21 | -3 896.74 | -3 336.15 |
| Other interest payable and similar charges | |||
| Fees payable (note 10) | -55.02 | -60.09 | -17.37 |
| Gains and loss on investment securities (note11) | -0.37 | -0.29 | -0.28 |
| . Net profit (loss) on foreign exchange transactions | 0.37 | -0.29 | -0.28 |
| Gains and losses on investment secruities ( note11.1) | |||
| Net profit ( loss) on investment securities | |||
| Other operatin income - banking | 0.00 | 0.00 | 0.00 |
| Other operation charges - banking | |||
| NET BANKING INCOME | -4 072.48 | -3 791.91 | -3,014.07 |
| General operating charges (note 13) | -3.01 | -2.89 | -2.50 |
| . Staff costs | -1.03 | -1.00 | -0.89 |
| . Other administrative expenses | -1.98 | -1.89 | -1.61 |
| Depreciation and provisions - intangible and tangible assets | -0.05 | -0.04 | -0.04 |
| Other operating income | 16,240.31 | 15,656.58 | 8,312.03 |
| . Income related to CRDS and CSG (note 12 and 12.1) | 12,452.54 | 11,942.02 | 8,312.03 |
| . Income related to social levies on income | 1,687.10 | 1 607.38 | 0.00 |
| . Income from the retirement reserve fund | 2,100.00 | 2,100.00 | 0.00 |
| . Income from property (note 13.1) | 0.18 | 0.43 | 0.00 |
| . Provisions reversed for CRDS and CSG loans | 0.49 | 6.75 | 0.00 |
| Other operating charges | -215.88 | -184.48 | -160.75 |
| . related to CRDS and CSG (note 12 and 12.1) | -115,90 | -105,11 | -86,83 |
| . Charges relating to social levies on income (note 12.2a) | -33.99 | -31.47 | 0.00 |
| . Payments to social cecurity agencies (note 14) | |||
| . Provision for doubtful debts relatin to CRDS and CSG (note 12 and 12.1) |
-65.94 | -47.89 | -73.92 |
| . Charges related to property (note 13.1) | -0.05 | -0.01 | 0.00 |
| GROSS OPERATING PROFIT | 11,949.07 | 11,677.85 | 5,13.67 |
| OPERATING PROFIT | 11,949.07 | 11,677.85 | 5,13.67 |
| - Exceptional income ( Note 15) | 0.18 | 0.59 | 0.00 |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION | 11,949.07 | 11,677.85 | 5,13.67 |
| NET PROFIT FOR PERIOD | 11,949.07 | 11,677.85 | 5,13.67 |
Off balance sheet commitments
| OFF BALANCE SHEET ITEMS in millions of euros (Notes 15 to 18) |
At 31 December 2012 | At 31 December 2011 | At 31 December2010 |
|---|---|---|---|
| Financing commitments | |||
| Payments to social security funding organizations | |||
| -first assumption of debt provided for by the 2011 Social Security Finance Act | 5,780.55 | 2,700.00 | 68,000.00 |
| -second assumption of debt provided for by the 2011 Social Security Finance Act | 52,271.40 | 62,000.00 | 62,000.00 |
| Financing commitments given | 584.76 | 69.04 | |
| COMMITMENTS RECEIVED | |||
| -From credit institutions ( Note 18) | 700.00 | 9,700.00 | 700.00 |
| - From Banks for the purchase of treasory notes | 2,000.00 | 5,000.00 | |
| -Financing commitments received: borrowings | |||
| -ECP and USCP arguments | 81.98 | ||
| -Retirement reserve fund | 25,200.00 | 27,300.00 | 29,400.00 |