CIB continues to show highly recurrent and resilient earnings. In 2012 it generated gross income of 2,767m, 9.2% up on the figure for the previous year. By geographical areas, revenue grew in South America, Mexico and Spain (up 32.6%, 27.1% and 16.7%, respectively) and fell in Eurasia and the United States (down 27.3% and 9.9%, respectively).
59 CIB. Gross income by geographic area
(Percentage)
![](../../images/charts/59_CIB.png)
60 CIB. Gross income breakdown by trading and customer franchise
(Percentage)
![](../../images/charts/60_CIB.png)
The trend in operating expenses shows the effort made by CIB to contain and control costs. This heading grew by only 3.5% over the previous year, despite the substantial investments made in systems and growth plans in emerging economies. As a result, operating income increased by 12.1% year-on-year to €1,878m.
61 CIB. Efficiency
![](../../images/charts/61_CIB.png)
62 CIB. Operating income
(Million euros at constant exchange rates)
![](../../images/charts/62_CIB.png)
Impairment losses on financial assets amounted to €191m and show the deterioration in the asset quality of certain counterparties due to the current economic downturn. However, the NPA ratio remains low, at 1.5% at the end of 2012.
63 CIB. NPA and coverage ratios
![](../../images/charts/63_CIB.png)
Net attributable profit has continued at similar levels to the previous year, at €1,049m.
64 CIB. Net attributable profit
(Million euros at constant exchange rates)
![](../../images/charts/64_CIB.png)
Below are some of the highlights and most important transactions of the various CIB business units in 2012.