Consolidated Income Statement

Download table (26 KB)

In millions of Russian Roubles Note 2010 2009
Interest income 23 795,646 814,962
Interest expense 23 (299,825) (312,245)
Net interest income   495,821 502,717
Net provision charge for loan impairment 10 (153,809) (388,932)
Net interest income after provision charge for loan impairment   342,012 113,785
Fee and commission income 24 130,949 105,723
Fee and commission expense 24 (7,375) (4,634)
Net gains arising from trading securities   4,770 13,310
Net gains arising from securities designated at fair value through profit or loss   9,642 7,557
Net gains arising from investment securities available for sale   9,597 17,102
Impairment of investment securities available for sale 12 (39) (2,274)
Net gains arising from trading in foreign currencies, operations with foreign currency derivatives and foreign exchange translation gains 25 14,072 16,228
Net gains arising from operations with precious metals and precious metals derivatives   570 1,657
Net gains arising from operations with other derivatives   1,793 768
Negative revaluation of office premises 14 - (14,996)
Goodwill impairment 15 (917) -
Impairment of non-current assets held for sale   - (2,967)
Provision charge for impairment of other assets 15 (6,437) (2,373)
Other operating income   14,117 10,255
Operating income   512,754 259,141
Operating expenses 26 (282,619) (229,277)
Profit before tax   230,135 29,864
Income tax expense 27 (48,487) (5,468)
Profit for the year   181,648 24,396
Attributable to:      
- shareholders of the Bank   182,131 24,396
- non-controlling interest   (483) -
Earnings per ordinary share for profit attributable to the shareholders of the Bank, basic and diluted 28 8.42 1.10
(expressed in RR per share)      
In millions of Russian Roubles Note 2010 2009
Interest income 23 795,646 814,962
Interest expense 23 (299,825) (312,245)
Net interest income   495,821 502,717
Net provision charge for loan impairment 10 (153,809) (388,932)
Net interest income after provision charge for loan impairment   342,012 113,785
Fee and commission income 24 130,949 105,723
Fee and commission expense 24 (7,375) (4,634)
Net gains arising from trading securities   4,770 13,310
Net gains arising from securities designated at fair value through profit or loss   9,642 7,557
Net gains arising from investment securities available for sale   9,597 17,102
Impairment of investment securities available for sale 12 (39) (2,274)
Net gains arising from trading in foreign currencies, operations with foreign currency derivatives and foreign exchange translation gains 25 14,072 16,228
Net gains arising from operations with precious metals and precious metals derivatives   570 1,657
Net gains arising from operations with other derivatives   1,793 768
Negative revaluation of office premises 14 - (14,996)
Goodwill impairment 15 (917) -
Impairment of non-current assets held for sale   - (2,967)
Provision charge for impairment of other assets 15 (6,437) (2,373)
Other operating income   14,117 10,255
Operating income   512,754 259,141
Operating expenses 26 (282,619) (229,277)
Profit before tax   230,135 29,864
Income tax expense 27 (48,487) (5,468)
Profit for the year   181,648 24,396
Attributable to:      
- shareholders of the Bank   182,131 24,396
- non-controlling interest   (483) -
Earnings per ordinary share for profit attributable to the shareholders of the Bank, basic and diluted 28 8.42 1.10
(expressed in RR per share)      

Approved for issue and signed on behalf of the Management Board on 21 March 2011.

Herman Gref
Chairman of the Managemen
Board and CEO
Andrey Kruzhalov
Chief Accountant

History

My Annual Report

Tools