Motorola Droid Without Data Plan

Budget Consolidated Intesa Sanpaolo 2008:

Assets: 636 bn

• Credits: 450 billion
• Financial assets: 100mld
• Tangible and intangible assets: 32mld

Liabilities: 636 billion

• Equity: 47 billion
• technical reserves : 20 billion
• debt: 450 billion
• Financial liabilities: Other liabilities 70 billion
• : residual
  

strong component of such items in financial

• High exposure to market risks: interest rate risk volatility of
  
• assets and liabilities
• measurement of the values Market

Income: reclassified


Interest income - Interest expense
= Net interest income (MIS) or net income (profitability of lending classic)

+ commission income - commission expense Dividends

+ + + Coupons
Net trading (trading)
+ Income Management (asset management)
+ Profits + Income from insurance coverage

+ result on securities Ownership (merchant banking)
= income (MINTM)
- Staff costs (cost item in the predominantly Italian banks)
- General and administrative expenses
= result (RG) (operating income, accounting entries to be operating)
(Equivalent to EBIT in industry, last entry feature of the business, without the distraction of fiscal policies, financial choices, options evaluation. From now on you have for valuation of accounting items that do not form daily but only once a year, at the time of writing the budget.)

+ Adjustments (gains / losses)

• Activities Financial Activities and intangible assets (depreciation)
• Credits
• Impairment of items at fair value

= Gross operating profit (RLG)
- Fiscal Management

• Tax Deferred ordinary

= Result Net

synthetic scheme:
Activity:

• AF: Active Financial
  
• AFI: Active interest-bearing
• Fixed Income Income
• variable
• AFNF: Financial assets not interest-bearing
  
• ANF: Not fruttifeo

Liabilities:

• PFI: interest-bearing liabilities
• current medium term
• PNF: noninterest-bearing liabilities
• PN: Equity