Financial highlights

ASSETS (CZK thousand)	2004	2005	2006	2007	2008	2009	2010
Cash and balances with the CNB	104 638	275 862	137 579	339 079	6 245 330	629 272	558 631
Loans and advances to banks	6 714 409	11 497 540	12 818 482	15 206 648	20 177 544	20 816 945	22 271 218
Loans and advances to customers	4 774 580	7 811 945	9 384 695	7 562 825	8 838 464	13 573 156	18 655 072
Securities	819 385	980 159	1 410 223	3 428 050	7 833 699	6 667 286	9 619 069
Ownership interests	60 965	121 959	-	-	-	1 104	1 104
Tangible and intangible assets	133 242	148 109	146 352	109 871	63 876	80 078	102 203
Other assets	111 120	68 011	601 133	770 375	1 551 168	1 488 414	1 153 488
Total assets	12 718 339	20 903 585	24 498 464	27 416 848	44 710 081	43 256 255	52 360 785

LIABILITIES (CZK thousand)	2004	2005	2006	2007	2008	2009	2010
Deposits from banks	19 253	913 204	10 621	563 286	383 585	67 335	1 898 257
Deposits from customers payable on demand	4 228 881	4 110 880	10 119 905	10 923 300	13 603 434	10 790 404	9 747 189
Other deposits from customers	2 601 248	8 184 832	8 347 777	9 974 407	21 344 562	18 771 282	26 584 320
Debt securities issued	4 225 319	5 294 171	3 477 341	2 662 484	3 463 315	7 448 456	6 276 398
Other liabilities	109 109	530 902	644 150	1 134 609	3 214 454	2 667 650	3 684 295
Subordinated liabilities	267 796	266 876	267 563	-	-	0	0
Registered capital	500 021	769 004	769 004	769 004	769 004	769 004	769 004
Share premium	-	411 545	411 545	411 545	411 545	411 545	411 545
Statutory reserve fund and other funds from profit	58 923	90 678	74 169	88 031	114 119	141 501	155 113
Retained earnings	605 021	37 075	95 326	361 336	862 739	1 377 897	2 174 401
Net profit	102 768	294 418	281 063	528 846	543 324	811 181	660 263
Total liabilities	12 718 339	20 903 585	24 498 464	27 416 848	44 710 081	43 256 255	52 360 785

PROFIT AND LOSS STATEMENT (CZK thousand)	2004	2005	2006	2007	2008	2009	2010
Net interest income	311 564	388 478	526 432	835 203	1 104 718	1 042 498	930 962
- interest revenues	566 793	654 339	1 059 962	1 425 601	1 758 844	1 719 359	1 487 293
- interest expenses	-255 229	-265 861	-533 530	-590 398	-654 126	-676 861	-556 331
Net income from fees and commissions	-38 154	161 654	155 300	70 313	-49 701	143 271	218 298
- revenues from fees and commissions	66 105	214 425	221 205	255 784	191 922	282 496	272 846
- expenses from fees and commissions	-104 259	-52 771	-65 905	-185 471	-241 623	-139 225	-54 548
Dividend income	-	-	14 624	23 382	24 428	408	96
Gains/losses from financial operations	6 588	8 991	24 798	191 385	138 798	531 342	141 016
Income from ownership interests	40 964	76 074	48 929	-	-	0	0
Impairment (loss)/reversal	-8 835	-15 477	30	-346	-201 799	-210 205	6 571
Income from banking activities	312 127	619 720	770 113	1 119 937	1 016 444	1 507 314	1 296 943
General administrative expenses	-191 198	-235 706	-347 848	-349 194	-379 976	-426 378	-452 101
- staff remuneration	-90 048	-117 856	-170 869	-144 908	-151 002	-146 418	-190 211
- other general operating expenses	-101 150	-117 850	-176 979	-204 286	-228 974	-279 960	-261 890
Other operating revenues	20 776	4 007	12 009	14 404	14 170	8 983	12 628
Other operating expenses	-32 984	-5 360	-9 055	-35 507	-24 197	-27 090	-23 670
Depreciation of fixed assets	-27 429	-42 626	-61 692	-57 106	-55 098	-27 012	-29 763
Profit before tax	81 292	340 035	363 527	692 534	571 343	1 035 817	804 038
- profit from operations	40 328	263 961	314 598	692 534	571 343	1 035 817	804 038
Income tax	21 476	-45 617	-82 464	-163 688	-28 019	-224 636	-143 775
Net profit for the year	102 768	294 418	281 063	528 846	543 324	811 181	660 263

REGULATORY CAPITAL (CZK thousand)*	2004	2005	2006	2007	2008	2009	2010
Tier 1	1 070 324	1 203 291	1 251 885	1 556 628	2 081 531	2 656 538	3 441 227
Tier 2	260 816	260 000	260 000	0	0	0	0
Deductible items	-60 965	-121 959	0	0	0	-1 104	-67 524
Total regulatory capital	1 270 175	1 341 332	1 511 885	1 556 628	2 081 531	2 655 434	3 373 703

* according to CNB methodology

RATIOS*	2004	2005	2006	2007	2008	2009	2010
Classified client receivables / client receivables	5,39%	2,93%	1,71%	0,93%	7,44%	10,28%	5,36%
Capital adequacy	28,22%	19,04%	14,68%	13,48%	10,77%	10,14%	11,15%
ROAA	0,61%	1,63%	1,11%	1,84%	1,71%	1,72%	1,30%
ROAE	9,49%	24,56%	20,59%	35,75%	26,51%	32,36%	20,10%
CIR	75,58%	45,48%	53,52%	38,95%	44,56%	29,90%	36,80%
OpEx/AA	1,50%	1,57%	1,65%	1,54%	1,37%	0,96%	0,95%
Assets per employee (CZK thousand)	155 139	171 341	209 389	232 346	395 664	382 799	340 005
Administrative expenses per employee (CZK thousand)	1 770	1 932	2 973	2 959	3 363	3 773	2 936
Net profit per employee (CZK thousand)	952	2 413	2 402	4 482	4 808	7 179	4 287

* according to CNB methodology