8.10. PROFIT AND LOSS ACCOUNT OF DEPOSIT-TAKING INSTITUTIONS RESIDENT IN SPAIN
.
Series depicted in chart.
As a percentage of the adjusted average balance sheet
Interest
expenses
Interest
income
1
.
2
.
Net interest
income
3
.
Return
on
equity
instruments
and non
interest
income
4
Of
Opera- which:
ting
expenStaff
ses:
costs
Other Adjusoperated
ting
net
income income
6
8
Gross
income
5
.
Percentages
7
9
.
10
2.4
2.2
2.0
1.4
1.2
0.9
1.0
0.9
1.1
0.9
0.9
1.0
1.8
1.8
2.1
0.9
1.0
1.0
0.5
0.5
0.5
6.3
0.8
0.7
-5.3
0.1
0.3
12 Q4
2.4
1.4
1.0
0.9
1.8
0.9
0.5
6.3
13 Q1
2.3
2.3
2.2
2.2
1.4
1.3
1.3
1.2
0.9
0.9
0.9
0.9
0.8
1.4
0.8
0.9
1.8
2.4
1.7
1.8
0.9
0.9
0.9
1.0
0.5
0.5
0.5
0.5
0.7
1.0
0.8
0.8
2.1
2.1
2.0
2.0
1.1
1.1
1.0
0.9
0.9
1.0
1.0
1.1
1.2
1.3
0.7
1.0
2.2
2.3
1.8
2.1
1.0
1.0
1.0
1.0
0.5
0.5
0.5
0.5
1.8
1.7
1.6
0.8
0.7
0.6
1.0
1.0
1.0
1.2
1.1
0.7
2.2
2.2
1.7
1.0
1.0
1.0
0.5
0.5
0.5
14 Q1
Q2
Q3
Q4
15 Q1
Q2
Q3
Profit
before
tax
11
%
0
12
.
13
14
15
.
-8.3
-0.1
0.5
-39.2
2.0
5.9
2.8
2.4
2.2
1.8
1.6
1.2
1.0
0.8
0.9
-5.3
3.3
-8.3
-39.2
2.8
1.8
1.0
0.2
0.4
-0.0
0.1
0.1
0.2
0.4
0.4
0.0
0.4
0.3
-0.1
-41.3
-34.3
-29.3
2.0
2.6
2.5
2.4
2.4
1.7
1.7
1.6
1.6
0.9
0.9
0.8
0.8
0.5
0.7
0.5
0.7
0.7
0.7
0.3
0.3
0.2
0.1
0.2
-0.1
0.6
0.5
0.3
0.5
3.9
4.0
4.1
5.9
2.3
2.2
2.2
2.2
1.5
1.4
1.3
1.2
0.8
0.8
0.9
0.9
0.5
0.6
0.3
0.7
0.6
0.4
0.2
0.2
0.2
0.6
0.5
0.3
5.7
5.9
5.9
2.1
2.0
1.9
1.1
1.0
0.9
1.0
1.0
1.0
10
%
3
GROSS INCOME
GROSS INCOME (c)
NET INTEREST INCOME
NET INTEREST INCOME (c)
ADJUSTED NET INCOME
ADJUSTED NET INCOME (c)
PROFIT BEFORE TAX
PROFIT BEFORE TAX (c)
%
3
2
2
1
1
0
0
-1
-1
-2
-2
-3
-3
-4
-4
-5
-5
-6
-6
-7
-7
-8
-8
0
-10
-10
-20
-20
-30
-40
.
Difference
(12-13 )
3.3
0.4
-0.1
RETURN ON OWN FUNDS (c)
INTEREST INCOME (c)
INTEREST EXPENSES (c)
DIFF. BETWEEN AVERAGE RETURN AND COST
%
Average
cost of
borrowing
operations
(b)
PROFIT AND LOSS ACCOUNT
Percentages of the adjusted average balance sheet
PROFIT AND LOSS ACCOUNT
Percentages of the adjusted average balance sheet and returns
10
Average
return
on lending
operations
(b)
(a)
12
13
14
Q2
Q3
Q4
Other
net
income
Average
return
on own
funds
-30
2011
2012
2013
2014
2015
-40
-9
2011
2012
2013
2014
2015
-9
Source: BE.
Note: The underlying series for this indicator are in Table 4.36 of the BE Boletín estadístico.
a. Profit before tax divided by own funds.
b. Only those financial assets and liabilities which respectively give rise to financial income and costs have been considered to calculate the averge return and cost.
c. Average of the last four quarters.
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BANCO DE ESPAÑA / ECONOMIC BULLETIN