South America highlights in the second quarter
- Positive performance of activity, both in lending and customer funds.
- Maintenance of spreads.
- Favorable performance of revenue.
- Stability of sound risk indicators.
Income statement
(Million euros)
Download Excel
|
|
South America | |||
|---|---|---|---|---|
|
|
1H13 | Δ % | Δ % (1) | 1H12 |
| Net interest income | 2,147 | 8.8 | 24.0 | 1,973 |
| Net fees and commissions | 454 | 6.6 | 19.4 | 426 |
| Net trading income | 326 | 47.1 | 65.9 | 222 |
| Other income/expenses | (316) | n.m. | n.m. | (80) |
| Gross income | 2,611 | 2.8 | 15.4 | 2,540 |
| Operating costs | (1,147) | 8.4 | 20.9 | (1,058) |
| Personnel expenses | (581) | 7.7 | 19.0 | (539) |
| General and administrative expenses | (486) | 10.1 | 23.2 | (441) |
| Depreciation and amortization | (80) | 3.0 | 20.2 | (78) |
| Operating income | 1,464 | (1.2) | 11.4 | 1,482 |
| Impairment on financial assets (net) | (320) | 36.4 | 51.2 | (234) |
| Provisions (net) and other gains (losses) | (48) | (36.3) | (10.8) | (75) |
| Income before tax | 1,097 | (6.5) | 4.5 | 1,173 |
| Income tax | (283) | 9.3 | 20.0 | (259) |
| Net income | 814 | (10.9) | 0.0 | 914 |
| Non-controlling interests | (253) | (11.2) | 2.7 | (285) |
| Net attributable profit | 561 | (10.8) | (1.1) | 629 |
Balance sheet
(Million euros)
Download Excel
|
|
South America | |||
|---|---|---|---|---|
|
|
30-06-13 | Δ % | Δ % (1) | 30-06-12 |
| Cash and balances with central banks | 10,444 | 23.6 | 49.7 | 8,453 |
| Financial assets | 11,284 | 4.1 | 21.5 | 10,840 |
| Loans and receivables | 50,433 | 4.2 | 19.5 | 48,399 |
| Loans and advances to customers | 45,055 | 2.8 | 17.3 | 43,819 |
| Loans and advances to credit institutions and other | 5,378 | 17.4 | 41.2 | 4,581 |
| Tangible assets | 808 | (1.5) | 18.5 | 820 |
| Other assets | 2,002 | (16.3) | (8.7) | 2,393 |
| Total assets/Liabilities and equity | 74,972 | 5.7 | 22.2 | 70,906 |
| Deposits from central banks and credit institutions | 5,105 | (22.0) | (16.9) | 6,546 |
| Deposits from customers | 51,520 | 7.9 | 27.6 | 47,752 |
| Debt certificates | 3,863 | 37.0 | 44.8 | 2,819 |
| Subordinated liabilities | 1,301 | (27.5) | (25.0) | 1,794 |
| Financial liabilities held for trading | 1,195 | 23.6 | 28.6 | 967 |
| Other liabilities | 8,838 | 8.3 | 25.7 | 8,157 |
| Economic capital allocated | 3,151 | 9.7 | 27.3 | 2,871 |
Relevant business indicators
(Million euros and percentage)
Download Excel
|
|
South America | ||
|---|---|---|---|
|
|
30-06-13 | 31-12-12 | 30-06-12 |
| Performing loans (1) | 45,929 | 42,627 | 39,166 |
| Customer deposits under management (1-2) | 55,560 | 49,160 | 43,112 |
| Mutual funds | 3,032 | 3,355 | 3,195 |
| Pension funds | 3,316 | 3,081 | 2,656 |
| Efficiency ratio (%) | 43.9 | 42.8 | 41.7 |
| NPA ratio (%) | 2.2 | 2.1 | 2.3 |
| NPA coverage ratio (%) | 136 | 146 | 139 |
| Risk premium (%) | 1.30 | 1.34 | 1.12 |