2013 Annual Report
SANTANDER IN THE WORLD
Despite the hard economic environment in 2013, the Santander Group reported
a net profit of 4.4 billion euros; the Bank also increased its capital ratios, improved
its liquidity position and maintained dividend payout at 0.60 euros per share for
the fifth consecutive year.
ATTRIBUTABLE PROFIT
(Million euros)
5,330
TOTAL DIVIDEND PAYOUT
(Million euros)
6,775
6,128
4,370
5,260
BALANCE SHEET AND INCOME STATEMENT (IN MILLION EUROS)
2013
2012 % 2013/2012
2011
Total assets
Customer loans (net)
Customer deposits
1,115,637
1,269,598
(12.1)
1,251,008
668,856
719,112
(7.0)
748,541
607,836
626,639
(3.0)
632,533
Managed customer funds
Shareholders' funds
Total managed funds
924,621
968,987
(4.6)
984,353
84,269
80,921
4.1
80,379
1,240,806
1,387,740
(10.6)
1,382,464
Net Interest Income²
25,935
29,923
(13.3)
28,883
Gross Income²
39,753
43,406
(8.4)
42,466
Pre-provision Profit (net operating income)²
19,909
23,422
(15.0)
23,055
Profit from continuing operations
5,539
2,993
85.1
6,103
Attributable profit²
4,370
2,295
90.5
5,330
RATIOS (%)
2013
2012
2011
Efficiency with amortization
49,9%
46,0%
45,7%
2,295
ROE
5,42%
2,91%
7,12%
+90.5%
2013/2012
2011
2012
2013
2011
2012
2013
+10.6%
2013/2012
ROTE
ROA
RORWA
Core capital (BIS II)
Loan-to-deposit ratio³
NPL ratio
7,73%
4,28%
10,77%
0,44%
0,25%
0,50%
1,01%
0,56%
1,05%
11,71%
10,33%
10,02%
109%
113%
117%
5,64%
4,54%
3,90%
GROSS INCOME
(Million euros)
I PRE-PROVISION PROFIT
(NET OPERATING INCOME)
(Million euros)
NPL coverage
SHARES AND CAPITALIZATION
61,7%
72,4%
61,0%
2013
2012
% 2013/2012
2011
Number of shares outstanding (million)
11,333
10,321
9.8
8,909
42,466
43,406
39,753
23,422
23,055
19,909
Share price (euros)
6,506
6,100
6.7
5,870
Market capitalization (million euros)
73,735
62,959
17.1
50,290
Shareholders' funds per share (euros)
7,44
7,88
8,59
Share price/shareholders' funds per share (x)
0,88
0,77
0,68
PER (share price/attributable profit per share) (x)
Diluted EPS (euros)
16,13
25,96
9,79
0,40
0,23
71.7
0,60
Remuneration per share (euro)
0,60
0,60
0,60
-8.4%
2013/2012
2011
2012
2013
-15.0%
2013/2012
2011
2012
2013
Total shareholder remuneration (million euros)
OTHER FIGURES
6,775
6,128
10.6
5,260
2013
2012 % 2013/2012
2011
Number of shareholders
3,299,026
3,296,270
0.1
3,293,537
Number of employees
182,958
186,763
(2.0)
189,766
Number of branches
13,927
14,392
(3.2)
14,756
EFFICIENCY
(%)
I CORE CAPITAL
(BIS II criteria)
(%)
INFORMATION ON ORDINARY PROFIT(4)
49.9
46.0
45.7
Attributable profit to the Group (5)
Attributable profit per share (euros)
11.71
10.02
10.33
ROE
ROTE
ROA
RORWA
PER (share price/attributable profit per share) (times)
2013
2012 % 2013/2012
2011
4,370
5,341
(18.2)
7,000
0,40
0,55
(26.3)
0,79
5,42
6,78
9,35
7,73
9,97
14,14
0,44
0,48
0,63
1,01
1,10
1,34
16,13
11,15
7,46
+3.9p.p.
2013/2012
2011
2012
2013
2011
2012
2013
20 Annual Report 2013
+1.38p.p.
2013/2012
(1) In 2013, estimated scrip dividend for May 2014.
(2) Variations excluding the impact of exchange rates: Net Interest income -7.0%; gross income -2.2%; pre-provision profit -8.4%; attributed profit +136.8%.
(3) Includes retail commercial papers.
(4) Excludes net capital gains and provisions.
(5) Variation excluding exchange rate differences: -10.7%.
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