Bank Austria Creditanstalt - Annual Report 2006

(Notes)		2006	2005	CHANGE
		€ M	€ M	€ M	IN %
Net interest		2,456	2,291	165	7.2
Dividend income		130	183	–54	–29.2
Income from investments in companies valued at equity		96	86	10	11.4
Net interest income	(5)	2,681	2,560	121	4.7
Net fee and commission income	(6)	1,667	1,457	210	14.4
Net trading income	(7)	348	264	84	31.6
Net other operating income/expenses	(8)	66	–16	82	>100
Total revenues		4,762	4,266	496	11.6
Staff expenses		–1,606	–1,519	–88	5.8
Other administrative expenses		–903	–865	–38	4.4
Amortisation, depreciation and impairment losses on intangible and tangible assets		–248	–273	25	–9.3
Operating expenses	(9)	–2,757	–2,656	–101	3.8
Operating profit		2,005	1,610	395	24.6
Provisions for risks and charges	(10)	–111	–11	–101	>100
Goodwill impairment		–8	–4	–4	97.4
Net writedowns of loans and provisions for guarantees and commitments	(11)	–679	–491	–188	38.4
Net income from investments	(12)	2,313	305	2,009	>100
Integration costs	(13)	–248	–108	–140	>100
PROFIT BEFORE TAX		3,272	1,301	1,971	151.4
Income tax	(14)	–140	–226	86	–38.2
NET PROFIT		3,132	1,075	2,057	191.3
Minority interests		–111	–111	–	–0.4
CONSOLIDATED PROFIT		3,022	964	2,058	213.4

Income statement of the Bank Austria Creditanstalt Group