Santander Business Strategy and Financial Inclusion slide image

Santander Business Strategy and Financial Inclusion

Income Statement Santander Totta, SGPS Income Statement* (million euros) Net interest income (without dividends) Dividends from equity instruments Net interest income Sep-21 Sep-20 Var. 558.5 591.9 -5.6% 1.5 1.7 -11.6% 560.0 593.7 -5.7% Results from Associates Net comissions Other banking income Insurance activity Gain/loss on financial transactions Operating income Total operating expenses Personnel expenses 11.4 9.1 +25.5% 315.7 274.4 +15.0% -29.7 -27.7 +7.1% 12.5 11.7 +7.4% 155.7 103.0 +51.1% 1,025.7 964.1 +6.4% (422.0) (429.8) -1.8% (234.7) (241.6) -2.8% General expenses (149.3) (149.1) +0.1% Depreciation (38.0) (39.2) -3.0% Net operating income 603.7 534.4 +13.0% Impairment of financial assets at amortised cost (101.4) (146.5) -30.8% Net provisions and other results (255.6) (38.8) >200% Income before taxes and MI 246.7 349.0 -29.3% (74.5) (94.4) -21.1% (0.1) (0.1) -38.3% 172.2 254.5 -32.3% Santander Taxes Minority interests Consolidated net income (*) Not audited 32
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