Change | ||||
1Q '17 | 1Q '16 | Amount | % | 2016 |
Balance sheet (€ million) Total assets | 1,351,956 | 1,324,200 | 27,756 | 2.1 | 1,339,125 |
Net customer loans | 795,312 | 773,452 | 21,859 | 2.8 | 790,470 |
Customer deposits | 705,786 | 670,627 | 35,159 | 5.2 | 691,111 |
Customer funds | 898,110 | 836,377 | 61,733 | 7.4 | 873,618 |
Total equity | 104,869 | 98,781 | 6,088 | 6.2 | 102,699 |
Income statement (€ million) | |||||
Net interest income | 8,402 | 7,624 | 778 | 10.2 | 31,089 |
Gross income | 12,029 | 10,730 | 1,299 | 12.1 | 43,853 |
Net operating income | 6,486 | 5,572 | 914 | 16.4 | 22,766 |
Underlying profit before taxes | 3,311 | 2,732 | 579 | 21.2 | 11,288 |
Underlying attributable profit to the Group | 1,867 | 1,633 | 234 | 14.3 | 6,621 |
Attributable profit to the Group | 1,867 | 1,633 | 234 | 14.3 | 6,204 |
(*).- Change in constant euro
Net interest income: +4.0%; Gross income: +6.2%; Net operating income: +8.9%; Underlying attributable profit: +10.0%; Attributable profit: +10.0%
EPS, profitability and efficiency (%) Underlying EPS (euro) * | 0.122 | 0.108 | 0.02 | 13.6 | 0.436 |
EPS (euro) | 0.122 | 0.108 | 0.02 | 13.6 | 0.407 |
RoE | 8.19 | 7.46 | 6.99 | ||
Underlying RoTE * | 12.13 | 11.13 | 11.08 | ||
RoTE | 12.13 | 11.13 | 10.38 | ||
RoA | 0.65 | 0.58 | 0.56 | ||
Underlying RoRWA * | 1.48 | 1.33 | 1.36 | ||
RoRWA | 1.48 | 1.33 | 1.29 | ||
Efficiency ratio (with amortisations) | 46.1 | 48.1 | 48.1 | ||
Solvency and NPL ratios (%) CET1 fully-loaded | 10.66 | 10.27 | 10.55 | ||
CET1 phase-in | 12.12 | 12.36 | 12.53 | ||
NPL ratio | 3.74 | 4.33 | 3.93 | ||
Coverage ratio | 74.6 | 74.0 | 73.8 | ||
Market capitalisation and shares Shares (millions) | 14,582 | 14,434 | 148 | 1.0 | 14,582 |
Share price (euros) | 5.745 | 3.874 | 1.871 | 48.3 | 4.959 |
Market capitalisation (€ million) | 83,776 | 55,919 | 27,856 | 49.8 | 72,314 |
Tangible book value (euro) | 4.26 | 4.07 | 4.22 | ||
Price / Tangible book value (X) | 1.35 | 0.95 | 1.17 | ||
P/E ratio (X) | 11.74 | 8.99 | 12.18 | ||
Other data Number of shareholders | 3,957,838 | 3,682,927 | 274,911 | 7.5 | 3,928,950 |
Number of employees | 188,182 | 194,519 | (6,337) | (3.3) | 188,492 |
Number of branches | 12,117 | 12,962 | (845) | (6.5) | 12,235 |
(*).- Excluding non-recurring net capital gains and provisionS |
Note: The financial information in this report has not been audited, but it was approved by the Board of Directors at its meeting on April, 25 2017, following a favourable report from the Audit Committee on April, 19 2017. The Audit Committee verified that the information for 2017 was based on the same principles and practices as those used to draw up the annual financial statements.
€ million | ||||
Change | ||||
1Q 17 | 1Q 16 | Amount | % | |
Net interest income | 8,402 | 7,624 | 778 | 10.2 |
Net fee income | 2,844 | 2,397 | 446 | 18.6 |
Gains (losses) on financial transactions | 573 | 504 | 68 | 13.6 |
Other operating income | 211 | 204 | 6 | 3.0 |
Dividends | 41 | 44 | (3) | (6.6) |
Income from equity-accounted method | 133 | 83 | 50 | 60.2 |
Other operating income/expenses | 37 | 78 | (41) | (52.7) |
Gross income | 12,029 | 10,730 | 1,299 | 12.1 |
Operating expenses | (5,543) | (5,158) | (386) | 7.5 |
General administrative expenses | (4,915) | (4,572) | (343) | 7.5 |
Personnel | (2,912) | (2,683) | (229) | 8.5 |
Other general administrative expenses | (2,002) | (1,889) | (113) | 6.0 |
Depreciation and amortisation | (629) | (586) | (43) | 7.3 |
Net operating income | 6,486 | 5,572 | 914 | 16.4 |
Net loan-loss provisions | (2,400) | (2,408) | 9 | (0.4) |
Impairment losses on other assets | (68) | (44) | (24) | 56.1 |
Other income | (707) | (389) | (318) | 81.8 |
Underlying profit before taxes | 3,311 | 2,732 | 579 | 21.2 |
Tax on profit | (1,125) | (810) | (315) | 38.8 |
Underlying profit from continuing operations | 2,186 | 1,922 | 265 | 13.8 |
Net profit from discontinued operations | - | - | - | - |
Underlying consolidated profit | 2,186 | 1,922 | 265 | 13.8 |
Minority interests | 319 | 288 | 31 | 10.7 |
Underlying attributable profit to the Group | 1,867 | 1,633 | 234 | 14.3 |
Net capital gains and provisions | - | - | - | - |
Attributable profit to the Group | 1,867 | 1,633 | 234 | 14.3 |
Underlying EPS (euros) | 0.122 | 0.108 | 0.015 | 13.6 |
Underlying diluted EPS (euros) | 0.122 | 0.107 | 0.015 | 13.7 |
EPS (euros) | 0.122 | 0.108 | 0.015 | 13.6 |
Diluted EPS (euros) | 0.122 | 0.107 | 0.015 | 13.7 |
Pro memoria: | ||||
Average total assets | 1,353,495 | 1,335,115 | 18,380 | 1.4 |
Average stockholders' equity | 91,171 | 87,571 | 3,600 | 4.1 |
Quarterly income statement | |||||
€ million | |||||
1Q 16 | 2Q 16 | 3Q 16 | 4Q 16 | 1Q 17 | |
Net interest income | 7,624 | 7,570 | 7,798 | 8,096 | 8,402 |
Net fee income | 2,397 | 2,549 | 2,597 | 2,637 | 2,844 |
Gains (losses) on financial transactions | 504 | 366 | 440 | 412 | 573 |
Other operating income | 204 | 270 | 245 | 142 | 211 |
Dividends | 44 | 209 | 37 | 124 | 41 |
Income from equity-accounted method | 83 | 112 | 119 | 130 | 133 |
Other operating income/expenses | 78 | (51) | 90 | (112) | 37 |
Gross income | 10,730 | 10,755 | 11,080 | 11,288 | 12,029 |
Operating expenses | (5,158) | (5,227) | (5,250) | (5,453) | (5,543) |
General administrative expenses | (4,572) | (4,632) | (4,692) | (4,828) | (4,915) |
Personnel | (2,683) | (2,712) | (2,726) | (2,876) | (2,912) |
Other general administrative expenses | (1,889) | (1,920) | (1,966) | (1,952) | (2,002) |
Depreciation and amortisation | (586) | (595) | (558) | (626) | (629) |
Net operating income | 5,572 | 5,528 | 5,831 | 5,835 | 6,486 |
Net loan-loss provisions | (2,408) | (2,205) | (2,499) | (2,406) | (2,400) |
Impairment losses on other assets | (44) | (29) | (16) | (159) | (68) |
Other income | (389) | (515) | (376) | (432) | (707) |
Underlying profit before taxes | 2,732 | 2,779 | 2,940 | 2,838 | 3,311 |
Tax on profit | (810) | (915) | (904) | (767) | (1,125) |
Underlying profit from continuing operations | 1,922 | 1,864 | 2,036 | 2,071 | 2,186 |
Net profit from discontinued operations | - | 0 | (0) | 0 | - |
Underlying consolidated profit | 1,922 | 1,864 | 2,036 | 2,072 | 2,186 |
Minority interests | 288 | 338 | 341 | 305 | 319 |
Underlying attributable profit to the Group | 1,633 | 1,526 | 1,695 | 1,766 | 1,867 |
Net capital gains and provisions* | - | (248) | - | (169) | - |
Attributable profit to the Group | 1,633 | 1,278 | 1,695 | 1,598 | 1,867 |
Underlying EPS (euros) | 0.108 | 0.100 | 0.112 | 0.116 | 0.122 |
Underlying diluted EPS (euros) | 0.107 | 0.100 | 0.112 | 0.116 | 0.122 |
EPS (euros) | 0.108 | 0.083 | 0.112 | 0.104 | 0.122 |
Diluted EPS (euros) | 0.107 | 0.083 | 0.112 | 0.104 | 0.122 |
(*).- Including | |||||
- In 2Q'16, capital gains from the disposal of the stake in Visa Europe (€227 million) and restructuring costs (-€475 million). | |||||
- In 4Q'16 PPI UK (-€137 million) and restatement Santander Consumer USA (-€32 million). |
Constant € million
Change 1Q 17 1Q 16 Amount %Net interest income | 8,402 | 8,080 | 322 | 4.0 |
Net fee income | 2,844 | 2,536 | 307 | 12.1 |
Gains (losses) on financial transactions | 573 | 501 | 72 | 14.4 |
Other operating income | 211 | 213 | (2) | (1.0) |
Dividends | 41 | 44 | (3) | (7.7) |
Income from equity-accounted method | 133 | 90 | 43 | 47.8 |
Other operating income/expenses | 37 | 78 | (42) | (53.2) |
Gross income | 12,029 | 11,330 | 700 | 6.2 |
Operating expenses | (5,543) | (5,377) | (167) | 3.1 |
General administrative expenses | (4,915) | (4,770) | (144) | 3.0 |
Personnel | (2,912) | (2,798) | (115) | 4.1 |
Other general administrative expenses | (2,002) | (1,973) | (30) | 1.5 |
Depreciation and amortisation | (629) | (606) | (23) | 3.7 |
Net operating income | 6,486 | 5,953 | 533 | 8.9 |
Net loan-loss provisions | (2,400) | (2,640) | 240 | (9.1) |
Impairment losses on other assets | (68) | (47) | (21) | 46.0 |
Other income | (707) | (433) | (275) | 63.5 |
Underlying profit before taxes | 3,311 | 2,834 | 477 | 16.8 |
Tax on profit | (1,125) | (833) | (292) | 35.0 |
Underlying profit from continuing operations | 2,186 | 2,001 | 185 | 9.3 |
Net profit from discontinued operations | - | - | - | - |
Underlying consolidated profit | 2,186 | 2,001 | 185 | 9.3 |
Minority interests | 319 | 304 | 15 | 5.0 |
Underlying attributable profit to the Group | 1,867 | 1,697 | 170 | 10.0 |
Net capital gains and provisions | - | - | - | - |
Attributable profit to the Group | 1,867 | 1,697 | 170 | 10.0 |
Quarterly income statement | |||||
Constant € million | |||||
1Q 16 | 2Q 16 | 3Q 16 | 4Q 16 | 1Q 17 | |
Net interest income | 8,080 | 7,930 | 8,053 | 8,283 | 8,402 |
Net fee income | 2,536 | 2,677 | 2,676 | 2,709 | 2,844 |
Gains (losses) on financial transactions | 501 | 382 | 464 | 404 | 573 |
Other operating income | 213 | 279 | 250 | 149 | 211 |
Dividends | 44 | 211 | 37 | 131 | 41 |
Income from equity-accounted method | 90 | 117 | 122 | 135 | 133 |
Other operating income/expenses | 78 | (50) | 90 | (118) | 37 |
Gross income | 11,330 | 11,268 | 11,442 | 11,544 | 12,029 |
Operating expenses | (5,377) | (5,410) | (5,393) | (5,572) | (5,543) |
General administrative expenses | (4,770) | (4,798) | (4,821) | (4,936) | (4,915) |
Personnel | (2,798) | (2,810) | (2,801) | (2,935) | (2,912) |
Other general administrative expenses | (1,973) | (1,988) | (2,020) | (2,002) | (2,002) |
Depreciation and amortisation | (606) | (612) | (572) | (636) | (629) |
Net operating income | 5,953 | 5,858 | 6,049 | 5,972 | 6,486 |
Net loan-loss provisions | (2,640) | (2,384) | (2,627) | (2,487) | (2,400) |
Impairment losses on other assets | (47) | (30) | (16) | (158) | (68) |
Other income | (433) | (543) | (376) | (446) | (707) |
Underlying profit before taxes | 2,834 | 2,900 | 3,031 | 2,880 | 3,311 |
Tax on profit | (833) | (956) | (932) | (770) | (1,125) |
Underlying profit from continuing operations | 2,001 | 1,944 | 2,099 | 2,111 | 2,186 |
Net profit from discontinued operations | - | 0 | (0) | 0 | - |
Underlying consolidated profit | 2,001 | 1,944 | 2,099 | 2,111 | 2,186 |
Minority interests | 304 | 355 | 351 | 311 | 319 |
Underlying attributable profit to the Group | 1,697 | 1,589 | 1,748 | 1,800 | 1,867 |
Net capital gains and provisions* | - | (258) | 3 | (161) | - |
Attributable profit to the Group | 1,697 | 1,331 | 1,751 | 1,639 | 1,867 |
(*).- Including | |||||
- In 2Q'16, capital gains from the disposal of the stake in Visa Europe and restructuring costs. | |||||
- In 4Q'16 PPI UK and restatement Santander Consumer USA. |
Average | Period-end | |||
1Q 17 | 1Q 16 | 31.03.17 | 31.12.16 | 31.03.16 |
US$ | 1.065 | 1.102 | 1.069 | 1.054 | 1.139 |
Pound sterling | 0.860 | 0.770 | 0.856 | 0.856 | 0.792 |
Brazilian real | 3.346 | 4.296 | 3.380 | 3.431 | 4.117 |
Mexican peso | 21.577 | 19.877 | 20.018 | 21.772 | 19.590 |
Chilean peso | 697.904 | 772.566 | 710.337 | 707.612 | 762.943 |
Argentine peso | 16.682 | 15.890 | 16.424 | 16.705 | 16.666 |
Polish zloty | 4.320 | 4.363 | 4.227 | 4.410 | 4.258 |
€ million
Change 1Q 17 1Q 16 Amount %Fees from services | 1,785 | 1,449 | 336 | 23.2 |
Mutual & pension funds | 196 | 182 | 14 | 7.7 |
Securities and custody | 270 | 224 | 46 | 20.5 |
Insurance | 592 | 542 | 50 | 9.3 |
Net fee income | 2,844 | 2,397 | 446 | 18.6 |
Personnel expenses | 2,912 | 2,683 | 229 | 8.5 |
General expenses | 2,002 | 1,889 | 113 | 6.0 |
Information technology | 317 | 289 | 28 | 9.7 |
Communications | 131 | 130 | 1 | 0.8 |
Advertising | 169 | 146 | 23 | 15.6 |
Buildings and premises | 449 | 437 | 12 | 2.7 |
Printed and office material | 34 | 34 | (1) | (1.8) |
Taxes (other than profit tax) | 124 | 119 | 5 | 4.1 |
Other expenses | 779 | 733 | 45 | 6.2 |
Personnel and general expenses | 4,915 | 4,572 | 343 | 7.5 |
Depreciation and amortisation | 629 | 586 | 43 | 7.3 |
Total operating expenses | 5,543 | 5,158 | 386 | 7.5 |
Non performing loans | 2,873 | 2,771 | 103 | 3.7 |
Country-risk | 4 | (3) | 7 | - |
Recovery of written-off assets | (478) | (360) | (118) | 32.9 |
Total | 2,400 | 2,408 | (9) | (0.4) |
Change | ||||
31.03.17 | 31.03.16 | Amount | % | 31.12.16 |
Assets Cash, cash balances at central banks and other demand deposits | 74,804 | 67,545 | 7,259 | 10.7 | 76,454 |
Financial assets held for trading | 143,109 | 151,550 | (8,441) | (5.6) | 148,187 |
Debt securities | 46,944 | 50,060 | (3,116) | (6.2) | 48,922 |
Equity instruments | 16,174 | 14,584 | 1,590 | 10.9 | 14,497 |
Loans and advances to customers | 11,375 | 6,866 | 4,509 | 65.7 | 9,504 |
Loans and advances to central banks and credit institutions | 3,449 | 3,397 | 52 | 1.5 | 3,221 |
Derivatives | 65,167 | 76,643 | (11,476) | (15.0) | 72,043 |
Financial assets designated at fair value | 46,026 | 48,771 | (2,745) | (5.6) | 31,609 |
Loans and advances to customers | 17,865 | 13,884 | 3,981 | 28.7 | 17,596 |
Loans and advances to central banks and credit institutions | 24,038 | 30,714 | (6,676) | (21.7) | 10,069 |
Other (debt securities an equity instruments) | 4,123 | 4,173 | (50) | (1.2) | 3,944 |
Available-for-sale financial assets | 118,195 | 118,298 | (103) | (0.1) | 116,774 |
Debt securities | 112,946 | 113,656 | (710) | (0.6) | 111,287 |
Equity instruments | 5,249 | 4,642 | 607 | 13.1 | 5,487 |
Loans and receivables | 844,804 | 824,174 | 20,630 | 2.5 | 840,004 |
Debt securities | 12,901 | 12,487 | 414 | 3.3 | 13,237 |
Loans and advances to customers | 766,072 | 752,702 | 13,370 | 1.8 | 763,370 |
Loans and advances to central banks and credit institutions | 65,831 | 58,985 | 6,846 | 11.6 | 63,397 |
Held-to-maturity investments | 14,268 | 4,566 | 9,702 | 212.5 | 14,468 |
Investments in subsidaries, joint ventures and associates | 5,275 | 3,350 | 1,925 | 57.5 | 4,836 |
Tangible assets | 22,807 | 25,465 | (2,658) | (10.4) | 23,286 |
Intangible assets | 29,645 | 28,693 | 952 | 3.3 | 29,421 |
o/w: goodwill | 26,939 | 26,209 | 730 | 2.8 | 26,724 |
Other assets | 53,023 | 51,788 | 1,235 | 2.4 | 54,086 |
Total assets | 1,351,956 | 1,324,200 | 27,756 | 2.1 | 1,339,125 |
Liabilities and shareholders' equity Financial liabilities held for trading | 99,550 | 108,567 | (9,017) | (8.3) | 108,765 |
Customer deposits | 10,649 | 9,570 | 1,079 | 11.3 | 9,996 |
Debt securities issued | - | - | - | - | - |
Deposits by central banks and credit institutions | 644 | 976 | (332) | (34.0) | 1,395 |
Derivatives | 67,580 | 78,608 | (11,028) | (14.0) | 74,369 |
Other | 20,677 | 19,413 | 1,264 | 6.5 | 23,005 |
Financial liabilities designated at fair value | 56,606 | 63,404 | (6,798) | (10.7) | 40,263 |
Customer deposits | 27,495 | 28,484 | (989) | (3.5) | 23,345 |
Debt securities issued | 3,373 | 3,445 | (72) | (2.1) | 2,791 |
Deposits by central banks and credit institutions | 25,738 | 31,474 | (5,736) | (18.2) | 14,127 |
Other | - | 1 | (1) | (100.0) | - |
Financial liabilities measured at amortized cost | 1,048,447 | 1,012,407 | 36,040 | 3.6 | 1,044,240 |
Customer deposits | 667,642 | 632,573 | 35,069 | 5.5 | 657,770 |
Debt securities issued | 218,019 | 218,143 | (124) | (0.1) | 226,078 |
Deposits by central banks and credit institutions | 137,029 | 138,323 | (1,294) | (0.9) | 133,876 |
Other | 25,757 | 23,368 | 2,389 | 10.2 | 26,516 |
Liabilities under insurance contracts | 635 | 656 | (21) | (3.2) | 652 |
Provisions | 14,411 | 14,292 | 119 | 0.8 | 14,459 |
Other liabilities | 27,438 | 26,093 | 1,345 | 5.2 | 28,047 |
Total liabilities | 1,247,087 | 1,225,419 | 21,668 | 1.8 | 1,236,426 |
Shareholders' equity | 107,706 | 103,264 | 4,442 | 4.3 | 105,977 |
Capital stock | 7,291 | 7,217 | 74 | 1.0 | 7,291 |
Reserves | 100,215 | 94,414 | 5,801 | 6.1 | 94,149 |
Attributable profit to the Group | 1,867 | 1,633 | 234 | 14.3 | 6,204 |
Less: dividends | (1,667) | - | (1,667) | - | (1,667) |
Accumulated other comprehensive income | (15,122) | (15,949) | 827 | (5.2) | (15,039) |
Minority interests | 12,285 | 11,466 | 819 | 7.1 | 11,761 |
Total equity | 104,869 | 98,781 | 6,088 | 6.2 | 102,699 |
Total liabilities and equity | 1,351,956 | 1,324,200 | 27,756 | 2.1 | 1,339,125 |
Balance sheet | |||||
€ million | |||||
31.03.16 | 30.06.16 | 30.09.16 | 31.12.16 | 31.03.17 | |
Assets | |||||
Cash, cash balances at central banks and other demand deposits | 67,545 | 65,368 | 63,717 | 76,454 | 74,804 |
Financial assets held for trading | 151,550 | 157,497 | 152,814 | 148,187 | 143,109 |
Debt securities | 50,060 | 45,077 | 41,233 | 48,922 | 46,944 |
Equity instruments | 14,584 | 14,237 | 14,764 | 14,497 | 16,174 |
Loans and advances to customers | 6,866 | 8,747 | 9,390 | 9,504 | 11,375 |
Loans and advances to central banks and credit institutions | 3,397 | 2,161 | 3,671 | 3,221 | 3,449 |
Derivatives | 76,643 | 87,275 | 83,756 | 72,043 | 65,167 |
Financial assets designated at fair value | 48,771 | 42,846 | 45,158 | 31,609 | 46,026 |
Loans and advances to customers | 13,884 | 13,928 | 15,433 | 17,596 | 17,865 |
Loans and advances to central banks and credit institutions | 30,714 | 24,810 | 25,645 | 10,069 | 24,038 |
Other (debt securities an equity instruments) | 4,173 | 4,108 | 4,080 | 3,944 | 4,123 |
Available-for-sale financial assets | 118,298 | 116,385 | 113,947 | 116,774 | 118,195 |
Debt securities | 113,656 | 111,672 | 109,241 | 111,287 | 112,946 |
Equity instruments | 4,642 | 4,713 | 4,706 | 5,487 | 5,249 |
Loans and receivables | 824,174 | 842,878 | 828,539 | 840,004 | 844,804 |
Debt securities | 12,487 | 13,672 | 13,396 | 13,237 | 12,901 |
Loans and advances to customers | 752,702 | 760,781 | 748,467 | 763,370 | 766,072 |
Loans and advances to central banks and credit institutions | 58,985 | 68,425 | 66,676 | 63,397 | 65,831 |
Held-to-maturity investments | 4,566 | 4,820 | 12,276 | 14,468 | 14,268 |
Investments in subsidaries, joint ventures and associates | 3,350 | 3,411 | 3,481 | 4,836 | 5,275 |
Tangible assets | 25,465 | 26,314 | 25,979 | 23,286 | 22,807 |
Intangible assets | 28,693 | 29,146 | 28,748 | 29,421 | 29,645 |
o/w: goodwill | 26,209 | 26,541 | 26,148 | 26,724 | 26,939 |
Other assets | 51,788 | 54,241 | 54,879 | 54,086 | 53,023 |
Total assets | 1,324,200 | 1,342,906 | 1,329,538 | 1,339,125 | 1,351,956 |
Liabilities and shareholders' equity | |||||
Financial liabilities held for trading | 108,567 | 118,582 | 116,249 | 108,765 | 99,550 |
Customer deposits | 9,570 | 8,755 | 5,943 | 9,996 | 10,649 |
Debt securities issued | - | - | - | - | - |
Deposits by central banks and credit institutions | 976 | 960 | 2,393 | 1,395 | 644 |
Derivatives | 78,608 | 87,254 | 85,407 | 74,369 | 67,580 |
Other | 19,413 | 21,613 | 22,506 | 23,005 | 20,677 |
Financial liabilities designated at fair value | 63,404 | 48,548 | 47,149 | 40,263 | 56,606 |
Customer deposits | 28,484 | 25,425 | 24,465 | 23,345 | 27,495 |
Debt securities issued | 3,445 | 2,995 | 2,965 | 2,791 | 3,373 |
Deposits by central banks and credit institutions | 31,474 | 20,127 | 19,718 | 14,127 | 25,738 |
Other | 1 | 1 | 1 | - | - |
Financial liabilities measured at amortized cost | 1,012,407 | 1,031,650 | 1,021,138 | 1,044,240 | 1,048,447 |
Customer deposits | 632,573 | 637,723 | 637,031 | 657,770 | 667,642 |
Debt securities issued | 218,143 | 227,991 | 225,709 | 226,078 | 218,019 |
Deposits by central banks and credit institutions | 138,323 | 138,366 | 134,590 | 133,876 | 137,029 |
Other | 23,368 | 27,570 | 23,808 | 26,516 | 25,757 |
Liabilities under insurance contracts | 656 | 644 | 665 | 652 | 635 |
Provisions | 14,292 | 15,174 | 14,883 | 14,459 | 14,411 |
Other liabilities | 26,093 | 27,962 | 28,332 | 28,047 | 27,438 |
Total liabilities | 1,225,419 | 1,242,560 | 1,228,416 | 1,236,426 | 1,247,087 |
Shareholders' equity | 103,264 | 103,637 | 105,221 | 105,977 | 107,706 |
Capital stock | 7,217 | 7,217 | 7,217 | 7,291 | 7,291 |
Reserves | 94,414 | 94,303 | 94,192 | 94,149 | 100,215 |
Attributable profit to the Group | 1,633 | 2,911 | 4,606 | 6,204 | 1,867 |
Less: dividends | - | (794) | (794) | (1,667) | (1,667) |
Accumulated other comprehensive income | (15,949) | (15,027) | (16,326) | (15,039) | (15,122) |
Minority interests | 11,466 | 11,736 | 12,227 | 11,761 | 12,285 |
Total equity | 98,781 | 100,346 | 101,122 | 102,699 | 104,869 |
Total liabilities and equity | 1,324,200 | 1,342,906 | 1,329,538 | 1,339,125 | 1,351,956 |
€ million
Change | ||||
31.03.17 | 31.03.16 | Amount | % | 31.12.16 |
Commercial bills | 22,654 | 16,777 | 5,876 | 35.0 | 23,894 |
Secured loans | 454,881 | 462,213 | (7,332) | (1.6) | 454,563 |
Other term loans | 236,224 | 222,180 | 14,044 | 6.3 | 232,289 |
Finance leases | 25,703 | 22,755 | 2,948 | 13.0 | 25,357 |
Receivable on demand | 8,017 | 8,387 | (371) | (4.4) | 8,102 |
Credit cards receivable | 21,306 | 19,222 | 2,084 | 10.8 | 21,363 |
Impaired assets | 31,143 | 35,442 | (4,298) | (12.1) | 32,687 |
Gross customer loans (w/o repos) | 799,927 | 786,976 | 12,952 | 1.6 | 798,254 |
Repos | 18,866 | 12,631 | 6,234 | 49.4 | 16,609 |
Gross customer loans | 818,793 | 799,607 | 19,186 | 2.4 | 814,863 |
Loan-loss allowances | 23,481 | 26,155 | (2,673) | (10.2) | 24,393 |
Net customer loans | 795,312 | 773,452 | 21,859 | 2.8 | 790,470 |
Banco Santander SA published this content on 26 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 April 2017 09:49:46 UTC.
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