image la cades

Download all the 2011 financial statements

 

Balance sheet

BALANCE SHEET
in millions of euros
At 12/31/2011At 12/31/2010At 121/31/2009
       
ASSETS      
Cash in hand, central banks, national giro (note 1) 8,438.91 1,200.34 983.44
Treasury bills and other bills eligible for refinancing with central banks (note 1) 150.01 12,166.95 2,284.57
Loans and advances to credit institutions (note 1)      
. repayable on demand 0.75 0.29 0.37
. repayable at maturity 5,165.53 1,129.48 1,686.34
Intangible assets (note 2) 0.01 0.00 0.00
Tangible assets (note 2) 0.16 0.17 0.21
Real-estate assets (note 13bis)      
Other assets (note 3) 179.12 49.41 260.42
Accrued income and prepaid expenses (note 4) 5,463.10 2,665.73 1,751.19
       
TOTAL ASSETS 19,397.59 17,212.37 6,966.54
       
LIABILITIES      
       
Amounts owed to credit institutions (note 5)      
. repayable on demand      
. repayable at maturity 1,026.47 0.00 151.11
Debts evidenced by certificates (note 6)      
. Negotiable debt instruments 42,880.68 8,446.45 10,587.56
. Bonds and similar instruments 114,046.95 92,798.48 86,366.93
. Other debts evidenced by certificates      
Other liabilities (note 7) 3,418.79 2,018.54 222.10
Accrued expenses and deferred income (note 8) 789.23 624.67 1,449.30
Sub-total - Debts
162,162.12 103,888.14 98,777.00
Provisions (note 8) 0.21 0.18 0.16
Property endowment
181.22 181.22 181.22
Retained earnings (154,623.81) (91,991.84) (97,251.86)
Profit for period 11,677.85 5,134.67 5,260.02
Sub-total-Reserves (142,764.74) (86,675.95) (91,810.62)
       
TOTAL LIABILITIES 19,379.59 17,212.37 6,966.54

 

 

Profit ans loss account

Period ended
(in millions of euros)
At 12/31/2011At 12/31/2010At 12/31/2009
Interest receivable and similar income (note 9) 318.08 350.79 279.63
. Interest receivable and similar income on transactions with credit institutions 77.84 29.51 44.70
. Interest receivable and similar income on bonds and other fixed-income securities 10.83 12.28 1.97
. Other interest receivable and similar income 229.41 309.00 232.96
       
Interest payable and similar charges (note 10) (4,049.59) (3,347.19) (3,050.50)
. Interest payable and equivalent expenses on transactions with credit institutions (152.85) (11.04) (46.15)
. Interest payable and equivalent expenses on bonds and other fixed-income securities (3,896.74) (3,336.15) (3,004.35)
Other interest payable and similar charges      
Fees payable (note 10) (60.09) (17.37) (48.41)
       
Gains and loss on investment securities (note11) (0.29) (0.28) (0.30)
. Net profit (loss) on foreign exchange transactions (0.29) (0.28) (0.30)
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 (0.02) (0.02) (0.02)
       
NET BANKING INCOME (3,791.91) (3,014.07) (2,819.60)
       
General operating charges (note 13) (2.89) (2.50) (2.63)
. Staff costs (1.00) (0.89) (0.85)
. Other administrative expenses (1.89) (1.61) (1.78)
       
Depreciation and provisions - intangible and tangible assets (0.04) (0.04) (0.04)
       
Other operating income 15,656.58 8,312.03 8,253.66
. Income related to CRDS and CSG (note 12 and 12.1) 11,942.02 8,312.03 8.253.66
. Income related to social levies on income 1,607.38 0.00 0.00
. Income from the retirement reserve fund 1,050.00 0.00 0.00
. Income from property (note 13.1) 0.43    
. Provisions reversed for CRDS and CSG loans 6.75    
Other operating charges (184.48) (160.75) (171.37)
. related to CRDS and CSG (note 12 and 12.1) (105.11) (86.83) (80.78)
. Charges relating to social levies on income (note 12.2a) (31.47) 0.00 0.00
. Payments to social cecurity agencies (note 14) 0.00 0.00 0.00
. Provision for doubtful debts relatin to CRDS and CSG (note 12
and 12.1)
(47.89) (73.92) (90.58)
. Charges related to property (note 13.1) (0.01) 0.00 (0.01)
GROSS OPERATING PROFIT 11,677.26 5,134.67 5,260.02
OPERATING PROFIT 11,677.26 5,134.67 5,260.02
- Exceptional income ( Note 15) 0.59 0.00 0.00
       
PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION 11,677.26 5,134.67 5,260.02
       
NET PROFIT FOR PERIOD 11,677.85 5,134.67 5,260.02

 

Off balance sheet commitments

OFF BALANCE SHEET ITEMS
in millions of euros (Notes 15 to 17)
At 12/31/2011At 12/31/2010At 12/31/2009
COMMITMENTS GIVEN      
Annual payement to the State      
Payments to social security funding organizations 68,700.00 130,000.00  
Other commitments given
69.04
0.00 0.00
       
COMMITMENTS RECEIVED      
-From credit institutions ( Note 18) 9,700.00 700.00 700.00
- From Banks for the purchase of treasory notes 5,000.00    
-Sundry credit lines      
-ECP and USCP arguments 81.98    
-Retirement reserve fund 27,300.00 29,400.00