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Download all the 2012 financial statements

Balance sheet

BALANCE SHEET
in millions of euros
At 06/31/2012At 12/31/2011At 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 12/31/2012At 12/31/2011At 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 2012At 31 December 2011At 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