in thousands of EUR

Note1

2021

2020

INCOME

 

 

 

Interest income

21

246,320

221,021

Interest expense

22

-24,850

-22,868

Net interest income

 

221,470

198,153

 

 

 

 

Investment income

23

310

449

 

 

 

 

Fee and Commission income

24

127,112

114,191

Fee and Commission expense

24

-11,064

-8,066

Net fee and commission income

 

116,048

106,125

 

 

 

 

Net result from other financial instruments at FVTPL

25

2,003

-361

Other income

26

2,100

733

Other income

 

4,103

372

 

 

 

 

Total income

 

341,931

305,099

 

 

 

 

EXPENSES

 

 

 

Personnel expenses

27

149,930

134,636

Other administrative expenses

27

98,794

82,072

Amortisation and value adjustments of intangible assets

28

12,020

10,646

Depreciation and value adjustments of property and equipment

28

14,458

18,056

Operating expenses

 

275,202

245,410

Impairment result on financial instruments

29

-420

24,213

Total expenses

 

274,782

269,623

 

 

 

 

Operating result before taxation

 

67,149

35,476

Taxation on operating result

30

-16,390

-8,273

Net profit

 

50,759

27,203

 

 

 

 

Profit attributable to:

 

 

 

Owners of Triodos Bank

 

50,759

27,203

 

 

 

 

Average number of issued shares in circulation

 

14,260,146

14,260,146

 

 

 

 

Amounts in EUR

 

 

 

Earnings per share for profit attributable to the equity holders of the parent entity2

 

3.56

1.91

Dividend per share

 

1.80

0.65

1

These are the references to the notes to the consolidated financial statements. These notes form an integral part of the consolidated financial statements.

2

The net profit per share is calculated by dividing the Net Profit by the average number of issued shares in circulation during the financial year.