2018

in thousands of EUR

The Netherlands

Belgium

United
Kingdom

Spain

Germany

France

Elimination
inter­company
transactions

Total

Names

Triodos Bank N.V.,
Kantoor Buitenzorg B.V.,
Kantoor Nieuweroord B.V.,
Stichting Triodos Beleggersgiro,
Triodos Custody B.V.,
Triodos Finance B.V.,
Triodos Investment Management B.V.,
Triodos Investment Advisory Services B.V.,
Triodos MeesPierson Sustainable Investment Management B.V.,
Triodos Nieuwbouw B.V.

Triodos Bank N.V., Triodos IMMA B.V.BA

Triodos Bank N.V.

Triodos Bank N.V.

Triodos Bank N.V.

Triodos Finance B.V.

 

 

Nature of activities

Bank, Private Banking and Investment Management

Bank and Private Banking

Bank

Bank

Bank

Agency for branch Belgium and market research

 

 

 

 

 

 

 

 

 

 

 

Geographical location

Zeist

Brussel

Bristol

Madrid

Frankfurt

Paris

 

 

 

 

 

 

 

 

 

 

 

Total income

131,157

48,206

34,292

42,757

10,504

3,396

–4,088

266,224

Operating expenses

–98,615

–36,288

–29,747

–36,759

–11,281

–3,196

4,087

–211,799

Impairments loan portfolio

1,840

–1,096

213

–4,011

–458

0

 

–3,512

Value adjustments to participations

–532

 

 

 

 

 

 

–532

 

 

 

 

 

 

 

 

 

Operating result

33,850

10,822

4,758

1,987

–1,235

200

–1

50,381

Taxation on operating result

–6,504

–3,465

–1,254

–631

94

–18

0

–11,778

Net profit

27,346

7,357

3,504

1,356

–1,141

182

–1

38,603

 

 

 

 

 

 

 

 

 

Public subsidies received

 

 

 

 

 

 

 

 

 

 

Average number of FTE’s during the year

649.1

135.3

166.9

277.4

52.8

15.2

 

1,296.7

2017

in thousands of EUR

The Netherlands

Belgium

United
Kingdom

Spain

Germany

France

Elimination
inter­company
transactions

Total

Names

Triodos Bank N.V.,
Kantoor Buitenzorg B.V.,
Kantoor Nieuweroord B.V.,
Stichting Triodos Beleggersgiro,
Triodos Custody B.V.,
Triodos Finance B.V.,
Triodos Investment Management B.V.,
Triodos Investment Advisory Services B.V.,
Triodos MeesPierson Sustainable Investment Management B.V.,
Triodos Nieuwbouw B.V.

Triodos Bank N.V., Triodos IMMA B.V.BA

Triodos Bank N.V.

Triodos Bank N.V.

Triodos Bank N.V.

Triodos Finance B.V.

 

 

Nature of activities

Bank, Private Banking and Investment Management

Bank and Private Banking

Bank

Bank

Bank

Agency for branch Belgium and market research

 

 

 

 

 

 

 

 

 

 

 

Geographical location

Zeist

Brussel

Bristol

Madrid

Frankfurt

Paris

 

 

 

 

 

 

 

 

 

 

 

Total income

119,189

44,763

31,610

37,070

8,388

3,172

–3,922

240,270

Operating expenses

–90,403

–30,865

–24,605

–35,543

–9,644

–3,032

3,922

–190,170

Impairments loan portfolio

3,147

–239

–311

–4,020

–418

0

 

–1,841

Value adjustments to participations

1,334

 

 

 

 

 

 

1,334

 

 

 

 

 

 

 

 

 

Operating result

33,267

13,659

6,694

–2,493

–1,674

140

0

49,593

Taxation on operating result

–7,692

–4,751

–1,319

1,254

330

–20

0

–12,198

Net profit

25,575

8,908

5,375

–1,239

–1,344

120

0

37,395

 

 

 

 

 

 

 

 

 

Public subsidies received

 

 

 

 

 

 

 

 

 

 

Average number of FTE’s during the year

598.6

128.0

151.9

264.8

47.6

12.2

 

1,203.1

Triodos Bank’s approach to tax reflects its values. It sees paying taxes not as a burden, but as a contribution to the societies that the bank operates in. Taxes are an important instrument to fund education, infrastructure and systems. As such, companies should pay taxes as an important part of their role as a responsible business. The VAT included in above table are the non-deductible VAT paid on invoices to suppliers.