Section 6 – Profit (loss) from sale or buyback - Item 100

6.1 Profit (loss) from sale or buyback: breakdown

Items/Returns31.12.201431.12.2013
 ProfitLossesNet resultProfitLossesNet result
Financial assets            
1. Due from banks - - - - - -
2. Loans to customers 3.581 - 3.581 - - -
3. Available for sale financial assets 5.996 (5.765) 231 918 (907) 11
  3.1 Debt securities 5.765 (5.765) - 918 (907) 11
  3.2 Equity instruments 231 - 231 - - -
  3.3 O.E.I.C. units - - - - - -
  3.4 Loans - - - - - -
4. Financial assets held to maturity - - - - - -
Total assets 9.577 (5.765) 3.812 918 (907) 11
Financial liabilities            
1. Due to banks - - - - - -
2. Due to customers - - - - - -
3. Outstanding securities - - - - - -
Total liabilities - - - - - -

Profits from the disposal of loans to customers were achieved by selling a portfolio of bills of exchange of the DRL sector. At the time of disposal, the loans had a book value of 48,1 million Euro and a par value of 219 million Euro.

The profits from the disposal of equity instruments derived from the sale of a non-controlling interest in a bank for 519 thousand Euro, reclassifying the Valuation reserve made in previous years to profit or loss.

 

Last updated on 2015-02-18