Financial and Liquidity Management Strategy
Income Statement
Santander
Santander Totta, SGPS
Proforma Income Statement* (million euros)
Net interest income (without dividends)
Sep-20
Sep-19
Var.
591.9
642.7
-7.9%
Dividends from equity instruments
Net interest income
1.7
1.8
-1.7%
593.7
644.5
-7.9%
Results from Associates
9.1
7.0
+28.5%
Net comissions
274.4
286.5
-4.2%
Other banking income
-27.7
-24.3
+13.9%
Insurance activity
11.7
18.5
-36.9%
Gain/loss on financial transactions
103.0
88.4
+16.6%
Operating income
964.1
1,020.5
-5.5%
Total operating expenses
(429.8)
(453.7)
-5.3%
Personnel expenses
(241.6)
(260.5)
-7.3%
General expenses
Depreciation
(149.1)
(156.4)
-4.7%
(39.2)
(36.8)
+6.3%
Net operating income
534.4
566.9
-5.7%
Impairment
(146.5)
16.1
Net provisions and other
(38.8)
(32.4)
+19.9%
Income before taxes and MI
349.0
550.5
-36.6%
Taxes
(94.4)
(159.8)
-40.9%
Minority interests
(0.1)
(0.2)
-41.3%
Consolidated net income
254.5
390.6
-34.8%
(*) Not audited
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