Investor Presentaiton
INTERNATIONAL RETAIL BANKING AND FINANCIAL SERVICES
2022 RESULTS
International Retail Banking
Insurance
Financial Services
Total
In EURm
2022
2021
Change
2022
2021
Change
2022
2021
Change
2022
2021
Change
Net banking income
5,153
5,000
+11.5%*
1,012
963
+6.5%*
2,957
2,154
+35.8%*
9,122
8,117
+17.9%*
Operating expenses
(2,794)
(2,914) +5.9%*
(391)
(373)
+7.2%*
(1,149)
(916)
+22.1%* (4,334)
(4,203)
+10.0%*
Gross operating income
2,359
2,086
+18.8%*
621
590
+6.1%*
1,808
1,238
+46.1%*
4,788
3,914
+26.0%*
Net cost of risk
(637)
(429)
+11.7%*
0
0
n/s
(68)
(75)
-13.1%*
(705)
(504)
+7.6%*
Operating income
1,722
1,657
+21.7%*
621
590
+6.1%*
1,740
1,163
+49.9%*
4,083
3,410
+29.9%*
Net profits or losses from other assets
11
18
-36.9%*
0
(1)
+100.0%*
0
1
-100.0%*
11
18
-36.8%*
Income tax
(441)
(405)
+23.5%*
(161)
(165)
-1.7%*
(394)
(270)
+46.1%*
(996)
(840)
+26.7%*
Group net income
840
936
+13.2%*
457
421
+9.3%*
1,079
725
+49.3%*
2,376
2,082
+25.6%*
C/I ratio
54%
58%
39%
39%
39%
43%
48%
52%
Average allocated capital
5,562
5,750
2,118
2,032
2,909
2,444
10,619
10,246
* When adjusted for changes in Group structure and at constant exchange rates (excluding disposed Russian activities)
SOCIETE
GENERALE
4TH QUARTER AND FULL YEAR 2022 RESULTS 18 FEBRUARY 2023View entire presentation