Figures and keys indicator

Consolidated report on operations

Printable Version

Print this page

Financial Highlights as of March 31st 2006

Key Data and Ratio Analysis

Profit and Loss aggregates (in million €)	31/3/2006	31/3/2005 (1)	Var. %
Total income	1.323,9	1.174,2	12,8
Net operating income	463,5	342,2	35,4
Net profit for the period	277,5	163,1	70,1

Balance Sheet aggregates (in million €)	31/3/2006	31/3/2005 (1)	Var. %
Direct funding (2)	85.495	81.604	4,8
Indirect funding	110.312	107.235	2,9
of which: assets under management	49.726	44.440	11,9
of which: assets under custody	60.586	62.795	-3,5
Customer loans and advances	83.145	77.796	6,9
Group shareholders' equity	7.616	6.388 (*)	19,2
(*) 01.01.05

Credit quality ratios (%) (estimates)	31/3/2006	31/3/2005 (1)
Net non-performing loans/Customer loans and advances	1,94	1,88
Net watchlist loans/Customer loans and advances	1,01	1,23

Profitability ratios (%)	31/3/2006	31/3/2005 (1)
Cost/Income ratio	56,7	64,8
Operating Cost/Income ratio (3)	55,5	63,3
R.O.E. (average net equity)	12,3		11,6
R.O.E. (end-of-period net equity)	13,3	12,9
Net loan loss provisions / End-of-period loans	0,52	0,51

Capital ratios (%)	31/3/2006	31/3/2005 (1)
Solvency ratio (°)	9,20	9,16
Tier 1 ratio (°)	6,73	6,51

(°) calculated using Bank of Italy prudential filters. Data at 31/03/06 are estimates

Information on BMPS stock	31/3/2006	31/3/2005 (1)
Number of ordinary shares outstanding	2.448.491.901	2.448.491.901
Number of preference shares outstanding	565.939.729	565.939.729
Number of savings shares outstanding	9.432.170	9.432.170
Ordinary share price:
average	4,24	3,13
low	3,72	2,43
high	4,84	4,17

Operating structure	31/3/2006	31/3/2005 (1)
Total headcount at end of period	26.796	26.542	227
Number of branches in Italy	1.896	1.886	10
Number of foreign branches and Representative Offices	32	30	2

(1)The P&L and balance sheet data at March 31st 2006 in this table are compared to data for the same period of 2005, restated according to IAS/IFRS standards so as to include the estimated impact of IAS 32 and 39 as well as the impact of Bank of Italy Circular Letter no. 262 of December 2005

(2) Balance sheet data at 31/3/06 and 31/12/05 do not include funding through Index-linked policies, posted as usual in "Assets under Management".

(3)The operating cost-income ratio does not include operating charges from staff early retirement booked at 31/3/06 (roughly EUR 16 million) and at 31/3/05 (EUR 36 million).