BAlance sheet and income statement

Size: px

Start display at page:

Download "BAlance sheet and income statement"

Sabrina Skinner
5 years ago
Views:

1 Banco Santander s BAlance sheet and income statement

2 Banco Santander s balance sheet and income statement Balance sheet at 31 december 2017 with distribution of income ASSETS CASH, CASH BALANCES AT CENTRAL BANKS AND OTHERS DEPOSITS ON DEMAND 33,734,419,459 FINANCIAL ASSETS HELD FOR TRADING 64,326,316,112 Derivatives 38,893,848,108 Equity instruments 10,168,429,522 Debt instruments 15,242,027,566 Loans and advances 22,010,916 Credit institutions 0 Customers 22,010,916 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 21,211,653,591 FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 34,020,840,169 Equity instruments 0 Debt instruments 0 Loans and advances 34,020,840,169 Credit institutions 11,242,777,560 Customers 22,778,062,609 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 3,812,061,690 FINANCIAL ASSETS AVAILABLE-FOR-SALE 33,809,424,582 Equity instruments 1,863,084,637 Debt instruments 31,946,339,945 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 25,258,558,305 LOANS AND RECEIVABLES 220,019,012,061 Debt instruments 13,492,319,106 Loans and advances 206,526,692,955 Central banks 96,102,227 Credit institutions 31,616,896,431 Customers 174,813,694,297 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 3,532,239,491 INVESTMENTS HELD-TO-MATURITY 1,892,188,780 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 286,456,462 HEDGING DERIVATIVES 2,073,053,413 CHANGES IN THE FAIR VALUE OF HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RATE RISK 64,927,166 INVESTMENTS 85,426,806,380 Group entities 82,926,335,038 Joint ventures entities 301,749,506 Associated companies 2,198,721,836 TANGIBLE ASSETS 1,929,050,538 Property, plant and equipment: 1,689,728,803 For own use 1,330,898,676 Leased out under an operating lease 358,830,127 Investment property: 239,321,735 Of which: Leased out under an operating lease 239,321,735 Memorandum ítems:acquired in financial lease 574,424,494 INTANGIBLE ASSETS 225,198,690 Goodwill 0 Other intangible assets 225,198,690 TAX ASSETS 10,009,186,884 Current tax assets 2,239,931,377 Deferred tax assets 7,769,255,507 OTHER ASSETS 3,164,028,312 Insurance contracts linked to pensions 1,731,585,569 Inventories 0 Other 1,432,442,743 NON-CURRENT ASSETS HELD FOR SALE 1,719,935,338 TOTAL ASSETS 492,414,387, Auditors report and annual consolidated accounts 2017

3 Balance sheet at 31 december 2017 with distribution of income LIABILITIES FINANCIAL LIABILITIES HELD FOR TRADING 47,952,538,978 Derivatives 39,234,126,658 Short positions 8,718,412,320 Deposits 0 Credit institutions 0 Customers 0 Marketable debt securities 0 Other financial liabilities 0 FINANCIAL LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 32,313,368,286 Deposits 32,313,368,286 Central banks 7,912,992,704 Credit institutions 15,208,864,195 Customers 9,191,511,387 Marketable debt securities 0 Other financial liabilities 0 Memorandum ítems:subordinated liabilities 0 FINANCIAL LIABILITIES AT AMORTISED COST 327,988,390,105 Deposits 264,581,759,692 Central banks 25,015,028,939 Credit institutions 60,008,303,585 Customers 179,558,427,168 Marketable debt securities 53,058,188,866 Other financial liabilities 10,348,441,547 Memorandum ítems:subordinated liabilities 15,412,719,269 HEDGING DERIVATIVES 4,013,688,393 CHANGES IN THE FAIR VALUE OF HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RISK RATE 234,774 PROVISIONS 6,614,713,681 Provision for pensions and similar obligations 4,141,619,518 Other long term employee benefits 1,230,715,369 Provisions for taxes and other legal contingencies 315,670,322 Provisions for commitments and guarantees given 195,445,826 Other provisions 731,262,646 TAX LIABILITIES 1,208,238,388 Current tax liabilities 0 Deferred tax liabilities 1,208,238,388 Equity refundable on demand 0 OTHER LIABILITIES 2,724,597,174 Of which: welfare fund 0 LIABILITIES ASSOCIATED WITH NON-CURRENT ASSETS HELD FOR SALE 0 TOTAL LIABILITIES 422,815,769,779 Auditors report and annual consolidated accounts

4 Banco Santander s balance sheet and income statement Balance sheet at 31 december 2017 with distribution of income EQUITY SHAREHOLDERS EQUITY 69,748,642,138 CAPITAL 8,068,076,791 Called up paid capital 8,068,076,791 Unpaid capital which has been called up 0 Memorandum ítems: uncalled up capital 0 SHARE PREMIUM 51,052,623,313 EQUITY INSTRUMENTS ISSUED OTHER THAN CAPITAL 686,257,077 Equity component of compound financial instruments 0 Other equity instruments 686,257,077 OTHER EQUITY INSTRUMENTS 149,826,395 ACCUMULATED RETAINED EARNINGS 7,805,013,232 REVALUATION RESERVES 0 OTHER RESERVES 1,986,898,673 (-) OWN SHARES -53,343 RESULTS FOR THE PERIOD (-) DIVIDENDS OTHER COMPREHENSIVE INCOME -150,024,033 ITEMS NOT RECLASSIFIED TO PROFIT OR LOSS -1,096,104,848 Actuarial gains or (-) losses on defined benefit pension plans -1,096,104,848 Non-current assets classified as held for sale 0 Other valuation adjustments 0 ITEMS THAT MAY BE RECLASSIFIED TO PROFIT OR LOSS 946,080,815 Hedge of net investments in foreign operations (Effective portion) 0 Exchange differences 0 Hedging derivatives. Cash flow hedges (Effective portion) 29,290 Financial assets available-for-sale 946,051,504 Debt instruments 497,746,275 Equity instruments 448,305,229 Non-current assets classified as held for sale 0 TOTAL EQUITY 69,598,618,105 TOTAL LIABILITIES AND EQUITY 492,414,387,884 MEMORANDUM ITEMS CONTINGENT LIABILITIES 24,234,845 CONTINGENT COMMITMENTS 86,070, Auditors report and annual consolidated accounts 2017

5 Balance sheet at 31 december 2017 before distribution of income ASSETS CASH, CASH BALANCES AT CENTRAL BANKS AND OTHERS DEPOSITS ON DEMAND 33,734,419,459 FINANCIAL ASSETS HELD FOR TRADING 64,326,316,112 Derivatives 38,893,848,108 Equity instruments 10,168,429,522 Debt instruments 15,242,027,566 Loans and advances 22,010,916 Credit institutions 0 Customers 22,010,916 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 21,211,653,591 FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 34,020,840,169 Equity instruments 0 Debt instruments 0 Loans and advances 34,020,840,169 Credit institutions 11,242,777,560 Customers 22,778,062,609 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 3,812,061,690 FINANCIAL ASSETS AVAILABLE-FOR-SALE 33,809,424,582 Equity instruments 1,863,084,637 Debt instruments 31,946,339,945 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 25,258,558,305 LOANS AND RECEIVABLES 220,019,012,061 Debt instruments 13,492,319,106 Loans and advances 206,526,692,955 Central banks 96,102,227 Credit institutions 31,616,896,431 Customers 174,813,694,297 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 3,532,239,491 INVESTMENTS HELD-TO-MATURITY 1,892,188,780 Memorandum items: lent or delivered as guarantee with disposal or pledge rights 286,456,462 HEDGING DERIVATIVES 2,073,053,413 CHANGES IN THE FAIR VALUE OF HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RATE RISK 64,927,166 INVESTMENTS 85,426,806,380 Group entities 82,926,335,038 Joint ventures entities 301,749,506 Associated companies 2,198,721,836 TANGIBLE ASSETS 1,929,050,538 Property, plant and equipment: 1,689,728,803 For own use 1,330,898,676 Leased out under an operating lease 358,830,127 Investment property: 239,321,735 Of which: Leased out under an operating lease 239,321,735 Memorandum ítems:acquired in financial lease 574,424,494 INTANGIBLE ASSETS 225,198,690 Goodwill 0 Other intangible assets 225,198,690 TAX ASSETS 10,009,186,884 Current tax assets 2,239,931,377 Deferred tax assets 7,769,255,507 OTHER ASSETS 3,164,028,312 Insurance contracts linked to pensions 1,731,585,569 Inventories 0 Other 1,432,442,743 NON-CURRENT ASSETS HELD FOR SALE 1,719,935,338 TOTAL ASSETS 492,414,387,884 Auditors report and annual consolidated accounts

6 Banco Santander s balance sheet and income statement Balance sheet at 31 december 2017 before distribution of income LIABILITIES FINANCIAL LIABILITIES HELD FOR TRADING 47,952,538,978 Derivatives 39,234,126,658 Short positions 8,718,412,320 Deposits 0 Credit institutions 0 Customers 0 Marketable debt securities 0 Other financial liabilities 0 FINANCIAL LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 32,313,368,286 Deposits 32,313,368,286 Central banks 7,912,992,704 Credit institutions 15,208,864,195 Customers 9,191,511,387 Marketable debt securities 0 Other financial liabilities 0 Memorandum ítems:subordinated liabilities 0 FINANCIAL LIABILITIES AT AMORTISED COST 327,020,220,890 Deposits 264,581,759,692 Central banks 25,015,028,939 Credit institutions 60,008,303,585 Customers 179,558,427,168 Marketable debt securities 53,058,188,866 Other financial liabilities 9,380,272,332 Memorandum ítems:subordinated liabilities 15,412,719,269 HEDGING DERIVATIVES 4,013,688,393 CHANGES IN THE FAIR VALUE OF HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RISK RATE 234,774 PROVISIONS 6,614,713,681 Provision for pensions and similar obligations 4,141,619,518 Other long term employee benefits 1,230,715,369 Provisions for taxes and other legal contingencies 315,670,322 Provisions for commitments and guarantees given 195,445,826 Other provisions 731,262,646 TAX LIABILITIES 1,208,238,388 Current tax liabilities 0 Deferred tax liabilities 1,208,238,388 Equity refundable on demand 0 OTHER LIABILITIES 2,724,597,174 Of which: welfare fund 0 LIABILITIES ASSOCIATED WITH NON-CURRENT ASSETS HELD FOR SALE 0 TOTAL LIABILITIES 421,847,600, Auditors report and annual consolidated accounts 2017

7 Balance sheet at 31 december 2017 before distribution of income EQUITY SHAREHOLDERS EQUITY 70,716,811,353 CAPITAL 8,068,076,791 Called up paid capital 8,068,076,791 Unpaid capital which has been called up 0 Memorandum ítems: uncalled up capital 0 SHARE PREMIUM 51,052,623,313 EQUITY INSTRUMENTS ISSUED OTHER THAN CAPITAL 686,257,077 Equity component of compound financial instruments 0 Other equity instruments 686,257,077 OTHER EQUITY INSTRUMENTS 149,826,395 ACCUMULATED RETAINED EARNINGS 7,796,203,824 REVALUATION RESERVES 0 OTHER RESERVES 1,986,898,673 (-) OWN SHARES -53,343 RESULTS FOR THE PERIOD 3,006,310,001 (-) DIVIDENDS -2,029,331,378 OTHER COMPREHENSIVE INCOME -150,024,033 ITEMS NOT RECLASSIFIED TO PROFIT OR LOSS -1,096,104,848 Actuarial gains or (-) losses on defined benefit pension plans -1,096,104,848 Non-current assets classified as held for sale 0 Other valuation adjustments 0 ITEMS THAT MAY BE RECLASSIFIED TO PROFIT OR LOSS 946,080,815 Hedge of net investments in foreign operations (Effective portion) 0 Exchange differences 0 Hedging derivatives. Cash flow hedges (Effective portion) 29,290 Financial assets available-for-sale 946,051,504 Debt instruments 497,746,275 Equity instruments 448,305,229 Non-current assets classified as held for sale 0 TOTAL EQUITY 70,566,787,320 TOTAL LIABILITIES AND EQUITY 492,414,387,884 MEMORANDUM ITEMS CONTINGENT LIABILITIES 24,234,845 CONTINGENT COMMITMENTS 86,070,020 Auditors report and annual consolidated accounts

8 Banco Santander s balance sheet and income statement Income statement for the year ended 31 december 2017 Interest income 5,459,937,491 Interest expense 3,203,432,946 (Interest expense refundable on demand) 0 Net interest income 2,256,504,545 Dividend income 3,592,713,945 Commission income 2,282,367,611 Commission expense 309,970,425 Gains or losses on financial assets and liabilities not measured at fair value through profit or loss, net 366,728,557 Gains or losses on financial assets and liabilities held for trading, net 348,342,328 Gains or losses on financial assets and liabilities measured at fair value through profit or loss, net -32,009,821 Gains or losses from hedge accounting, net -11,324,233 Exchange differences, net -244,877,055 Other operating income 302,579,959 Other operating expenses 506,071,917 Total income 8,044,983,494 Administrative expenses 4,059,151,837 Staff costs 2,108,842,758 Other general administrative expenses 1,950,309,079 Depreciation and amortisation cost 193,441,900 Provisions or reversal of provisions 495,222,173 Impairment or reversal of impairment at financial assets not measured at fair value through profit or loss, net 523,428,954 Financial assets measured at cost 65,668,233 Financial assets available-for-sale 6,615,510 Loans and receivables 451,145,211 Held-to-maturity investments 0 Profit from operations 2,773,738,630 Impairment of investments in subsidiaries, joint ventures and associates, net 272,766,960 Impairment on non-financial assets, net 0 Tangible assets 0 Intangible assets 0 Others 0 Gains or losses on non financial assets and investments, net 571,955,657 From wich: investments in subsidaries, joint ventures and associates 559,213,276 Negative goodwill recognised in results 0 Gains or losses on non-current assets held for sale classified as discontinued operations -95,487,610 Profit or loss before tax from continuing operations 2,977,439,717 Tax expense or income from continuing operations -28,870,284 Profit for the period from continuing operations 3,006,310,001 Profit or loss after tax from discontinued operations 0 Profit for the period 3,006,310, Auditors report and annual consolidated accounts 2017

9 Proposed distribution of income as of 31 DeceMBer 2017 Profit before taxes 2,977,439,717 Income tax -28,870,284 Profit for the period from continuing operations 3,006,310,001 Distribution Legal reserve - Voluntary reserve 8,809,408 Dividends 2,997,500,593 Auditors report and annual consolidated accounts

10 General information Banco Santander, S.A. The parent group of Grupo Santander was established on 21 March 1857 and incorporated in its present form by a public deed executed in Santander, Spain, on 14 January 1875, recorded in the Mercantile Registry of the Finance Section of the Government of the Province of Santander, on folio 157 and following, entry number 859. The Bank s By-laws were amended to conform with current legislation regarding limited liability companies. The amendment was registered on 8 June 1992 and entered into the Mercantile Registry of Santander (volume 448, general section, folio 1, page 1,960, first inscription of adaptation). The Bank is also recorded in the Special Registry of Banks and Bankers 0049, and its fiscal identification number is A It is a member of the Bank Deposit Guarantee Fund. Registered office The Corporate By-laws and additional public information regarding the Company may be inspected at its registered office at Paseo de Pereda, numbers 9 to 12, Santander. Corporate center Santander Group City Avda. de Cantabria s/n Boadilla del Monte Madrid Spain Relations with investors and analyts Santander Group City Pereda, 2ª planta. Avda. de Cantabria, s/n Boadilla del Monte Madrid Spain Telephone: investor@gruposantander.com Customer service department Santander Group City Avda. de Cantabria s/n Boadilla del Monte Madrid Spain Telephone: Fax: atenclie@gruposantander.com Ombudsman Mr José Luis Gómez-Dégano, Apartado de Correos Madrid Spain General information Telephone: (Central Services) Telephone: (Customer support central services) This report was printed on ecologically friendly paper and has been produced using environmentally friendly processes. February 2018, Santander Group Production: MRM-Mccann Printing: Alborada Legal deposit: M Informe de auditoría y cuentas anuales 2017

banco santander s balance sheet and income statement AUDITORS REPORT AND ANNUAL CONSOLIDATED ACCOUNTS

banco santander s balance sheet and income statement AUDITORS REPORT AND ANNUAL CONSOLIDATED ACCOUNTS 2013 377 378 AUDITORS REPORT AND ANNUAL CONSOLIDATED ACCOUNTS 2013 banco SANTANDER S BALANCE SHEET