2nd Quarter and 1st Half 2022 Results
CORPORATE CENTER
Increase in underlying costs vs Q2 21 notably
driven by the impact of the Global Employee
Share Ownership Programme (EUR 44m)
EUR 159m (2) transformation charges in the
business and support functions in Q2 22
In EURM
Net banking income
Disposal of Russian activities: -EUR 3.3bn before
tax recorded in net losses from other assets
Q2 22
Q2 21
H1 22
H121
(58)
26
57
53
Operating expenses
(335)
(151)
(589)
(306)
Underlying operating expenses
(1)
(189)
(78)
(262)
(149)
Gross operating income
(393)
(125)
(532)
(253)
Underlying gross operating income
(1)
(247)
(52)
(205)
(96)
Net cost of risk
(30)
2
(25)
Net profits or losses from other assets
Income tax
(3,303)
(3,303)
1
321
124
333
160
Reported Group net income
Underlying Group net income
(3,457)
(43)
(3,630)
(1)
(264)
7
(315)
(180)
(62)
(1) Underlying data: adjusted for exceptional items and IFRIC 21 linearisation (see Supplement)
(2) Q2 22 transformation charges: French Retail Banking (EUR 97m), Global Banking and Investor Solutions (EUR 25m) and Corporate Center (EUR 37m).
SOCIETE
GENERALE
2ND QUARTER AND 1ST HALF 2022 RESULTS |3 AUGUST 2022View entire presentation