Reclassified results by business segment

STATEMENT OF FINANCIAL POSITION
(
in thousands of Euro)
TRADE RECEIVABLES CORPORATE BANKINGLEASINGNPL AREATAX RECEIVABLESGOVERNANCE AND SERVICESCONS, GROUP TOTAL
Available for sale financial assets       
Amounts at 31.12.2016-----374,229374,229
Amounts at 31.12.2015-----3,221,5333,221,533
% Change----(88.4)%(88.4)%
Due from banks       
Amounts at 31.12.2016-----1,393,3581,393,358
Amounts at 31.12.2015-----95,35295,352
% Change-----1361.3%1361.3%
Loans to customers       
Amounts at 31.12.20163,092,488905,6821,235,638562,146124,6977,5615,928,212
Amounts at 31.12.20152,848,124n,a,n,a,354,352130,663103,9973,437,136
% Change8.6%n,a,n,a,58.6%(4.6)%(92.7)%72.5%
Due to banks       
Amounts at 31.12.2016-----503,964503,964
Amounts at 31.12.2015-----662,985662,985
% Change-----(24.0)%(24.0)%
Due to customers       
Amounts at 31.12.2016-----5,045,1365,045,136
Amounts at 31.12.2015-----5,487,4765,487,476
% Change-----(8.1)%(8.1)%
     
RECLASSIFIED DATA ON THE INCOME STATEMENT (1)
(in thousands of Euro)
TRADE RECEIVABLES CORPORATE BANKINGLEASINGNPL AREATAX RECEIVABLESGOVERNANCE AND SERVICESCONS. GROUP TOTAL
Net banking income       
Amounts at 31.12.2016174,4332,952(1,172)154,74013,990(18,972)325,971
Amounts at 31.12.2015158,671n,a,n,a,52,68720,335172,652404,345
% Change9.9%n,a,n,a,193.7%(31.2)%(111.0)%(19.4)%
Net profit (loss) from financial activities       
Amounts at 31.12.2016154,1282,889(2,682)154,74013,620(23,329)299,366
Amounts at 31.12.2015137,423n,a,n,a,52,68719,923163,675373,708
% Change12.2%n,a,n,a,193.7%(31.6)%(114.3)%(19.9)%
 

(1) Net value adjustments on receivables of the NPL Area, totalling 32,6 million Euro at 31 December 2016 compared to 3,6 million Euro at 31 December 2015, were reclassified to Interest receivable and similar income to present more fairly this particular business, for which net value adjustments represent an integral part of the return on the investment.

 

RECLASSIFIED QUARTERLY DATA ON THE INCOME STATEMENT (1)
(in thousands of Euro)
TRADE RECEIVABLES CORPORATE BANKINGLEASINGNPL AREATAX RECEIVABLESGOVERNANCE AND SERVICESCONS. GROUP TOTAL
Net banking income       
Fourth quarter 201653,1422,952(1,172)42,7803,126(12,546)88,282
Fourth quarter 201539,728n,a, - n,a, - 21,8188,8285,83476,208
% Change33.8%n,a,n,a,96.1%(64.6)%(315.0)%15.8%
Net profit (loss) from financial activities       
Fourth quarter 201648,0612,889(2,682)42,7803,025(12,904)81,169
Fourth quarter 201533,237n,a, - n,a, 21,8188,5425,10668,703
% Change44.6%n,a,n,a,96.1%(64.6)%(352.7)%18.1%

(1) Net value adjustments in the NPL Area, totalling 9,0 million Euro in the 4th quarter of 2016 and 0,6 million Euro in the 4th quarter of 2015, were reclassified to Interest receivable and similar income to present more fairly this particular business, for which net value adjustments represent an integral part of the return on the investment.

   

SEGMENT KPIs

(in thousands of Euro)
TRADE 
RECEIVABLESCORPORATE BANKINGLEASINGNPL AREATAX 
RECEIVABLESGOVERNANCE AND SERVICES
Turnover      
Amounts at 31.12.201610,549,881n.a.n.a.n.a.n.a.n.a.
Amounts at 31.12.201510,126,397n.a.n.a.n.a.n.a.n.a.
% Change4.2%-----
Nominal amount of receivables managed      
Amounts at 31.12.20163,880,8351,739,1751,273,9339,660,196172,145n.a.
Amounts at 31.12.20153,576,982n.a.n.a.8,161,005190,553n.a.
% Change8.5%--18.4%(9.7)%-
Cost of credit quality      
Amounts at 31.12.20160.8%0.0%0.1%n.a.n.a.n.a.
Amounts at 31.12.20150.9%n.a.n.a.n.a.n.a.n.a.
% Change(0.1)%n.a.n.a.---
Net bad loans/Loans to customers      
Amounts at 31.12.20161.0%3.0%0.5%57.0%0.0%n.a.
Amounts at 31.12.20151.1%n.a.n.a.45.0%0.0%n.a.
% Change(0.1)%n.a.n.a.12.1%0.0%-
Net bad loans/Equity      
Amounts at 31.12.20162.6%2.2%0.5%n.a.n.a.n.a.
Amounts at 31.12.20155.4%n.a.n.a.n.a.n.a.n.a.
% Change(2.8)%n.a.n.a.---
Coverage ratio on gross bad loans      
Amounts at 31.12.201688.5%94.0%92.2%n.a.n.a.n.a.
Amounts at 31.12.201587.9%n.a.n.a.n.a.n.a.n.a.
% Change0.7%n.a.n.a.---
Non-performing exposures/Loans to customers      
Amounts at 31.12.20166.5%19.0%3.0%n.a.n.a.n.a.
Amounts at 31.12.20154.5%n.a.n.a.n.a.n.a.n.a.
% Change2.0%n.a.n.a.---
Net non-performing loans/Equity      
Amounts at 31.12.201616.5%14.1%3.0%n.a.n.a.n.a.
Amounts at 31.12.201522.4%n.a.n.a.n.a.n.a.n.a.
% Change(6.0)%n.a.n.a.---
RWA      
Amounts at 31.12.20162,348,131929,337875,153562,14650,004263,512(4)
Amounts at 31.12.20151,970,886n.a.n.a.354,35241,61425,256
% Change19.1%n.a.n.a.58.6%20.2%943.4%

(1) Gross flow of the receivables sold by the customers in a specific period of time.

(2) Risk Weighted Assets; the amount refers exclusively to the financial items reported in the segments.

(3) Data restated after initial publication.

(4) The Governance and Services sector's RWAs include in 2016 the investment in IFIS Rental Services, a non-financial company consolidated using the equity method and that is not part of the Banking Group for supervisory purposes.