BANCO DI DESIO E DELLA BRIANZA S.P.A. Consolidated Report on Operations 2012
PREAMBLE
The data and indexes reported in this Report on operations refer to, if applicable, to the Balance Sheet of the Financial Statements layouts, as well as to the reclassified Income Statement, as per the appropriate paragraph, which has in turn been prepared based on the Financial Statements layout.
After the signing of the preliminary agreements on 19 November 2012 for the transfer by the Parent Company Banco di Desio e della Brianza S.p.A. of the controlling share of Chiara Assicurazioni S.p.A., which is expected to be completed during the first half-year of the current year (as illustrated in the paragraph "Major corporate events during the financial year" of this Report on Operations), in compliance with what is provided by IFRS 5, the book values referring to the Company as at 31 December 2012 were classified in the Balance-sheet items "Non-current assets held for sale and discontinued operations" and "Liabilities associated with discontinued operations" as well as in the Income Statement item "Gains/losses on groups of assets being disposed of".
Considering that the asset being disposed of, consisting of the business of the Company matter of the sale, represents a major line of business (the so-called "discontinuing operations"), it was necessary to restate, in compliance with what is provided by IFRS 5, the corresponding comparative figures of the income statement under the item "Gains/losses on groups of assets being disposed of" also with reference to the period of comparison, i.e. as at 31 December 2011.
Moreover, as a result of the letter of the Bank of Italy of 16 January 2013 - index no. 0051159/13, the "quick loan application commissions" as at 31 December 2012 were reclassified from the "Fee and commission income" item to the "Other operating expenses/(income)" item, this reclassification was also carried out, for the same purposes of homogeneous comparison, also with reference to 31 December 2011.
THE BANCO DESIO GROUP
As at 31 December 2012, this consolidated report on operations relates to the following corporate structure of the Banco Desio Group:
(1) Company excluded from the perimeter of the Banking Group
1 - FINANCIAL HIGHLIGHTS AND RATIOS
BALANCE SHEET DATA
Amounts in thousands of Euros
Total assets
Financial assets Amounts due from banks Amounts due from customers Tangible assets
Intangible assets Amounts due to banks Amounts due to customers
Securities issued and financial liabilities at fair value through profit or loss
Shareholders' equity (including net profit for the period) (1) Indirect deposits
INCOME STATEMENT DATA (2)
31.12.2011
ChangeAbs olute
%
8,359,795 503,198 6.0%
1,066,594 98,999 9.3%
288,525 -38,045 -13.2%
6,580,450 368,695 5.6%
154,481 -3,591 -2.3%
46,496 -20,593 -44.3%
267,998 173,679 64.8%
4,347,706 693,462 16.0%
2,696,584 -441,171 -16.4%
770,926 50,251 6.5%
10,821,717 -44,210 -0.4%
Amounts in thousands of Euros
Operating income of which Net Interest income Operating costs
Operating margin
Profits/(losses) after taxes from continuing operations Non-recurring profit after taxes
Net profit for the period (1)
(1) pertaining to the Parent Company;
(2) from reclassified Income Statement.
31.12.2011
ChangeAbs olute
%
344,097 205,620
6,981 2.0%
-5,294 -2.6%
230,725
-7,074 -3.1%
113,372
14,055 12.4%
36,303
-21,401 -59.0%
4,702
-3,080 -65.5%
44,942
-24,741 -55.1%
FINANCIAL RATIOS
Shareholders' equity / Total assets
Shareholders' equity / Amounts due from customers Shareholders' equity / Amounts due to customers
Shareholders' equity / Securities issued and Financial liabilities at fair value through profit or loss
Tier 1 capital / Weighted assets (Tier1 )
Overall assets / Weighted assets (Total capital ratio) Financial assets / Total assets
Amounts due from banks / Total assets Amounts due from customers / Total assets
Amounts due from customers / Direct deposits from customers Amounts due to banks / Total assets
Amounts due to customers / Total assets
Securities issued and Financial liabilities at fair value through profit or loss / Total assets
Direct deposits from customers / Total assets Operating costs / Operating income (Cost/Income ratio) Net interest income / Operating income
Operating margin / Operating income
Operating profit net of taxes / Shareholders' equity Net profit for the period / Shareholders' equity (R.O.E.)
STRUCTURE AND PRODUCTIVITY DATA
31.12.2012
31.12.2011
Abs olute change s
9,2% 0,1%
11,7% 0,1%
17,7% -1,4%
28,6% 70,80%
10,7% 1,4%
11,8% 10,60%
12,8% 0,4%
3,5% -0,7%
78,7% -0,3%
93,4% 10,80%
3,2% 1,8%
52,0% 4,9%
32,3% -6,9%
84,3% -02,0%
67,1% -3,4%
59,8% -2,7%
32,9% 3,4%
5,0% -3,1%
6,2% -3,7%Number of employees Number of bank branches
Amounts in thousands of Euros
Amounts due from customers by employee (3) Direct deposits from customer by employee (3) Operating income by employee (3)
(3) on the basis of the number of employees determined as arithmetic mean
31.12.2011
Change
3,537 3,786 185
1,875 185
Abs olute | % |
-37 | -2.0% |
0 | 0.0% |
206 | 5.8% |
144 | 3.8% |
4 | 2.2% |
5 |
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Banco di Desio e della Brianza S.p.A. published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 15:20:06 UTC.
