Key financial data of the PKO Bank Polski SA Group (in PLN million)
| 2017 | 2016 | Change | |
|---|---|---|---|
| Net profit | 3 104 | 2 874 | 8,0% (y/y) |
| Net interest income | 8 606 | 7 755 | 11,0% (y/y) |
| Net fee and commission income | 2 969 | 2 693 | 10,2% (y/y) |
| Result on business activities* | 12 563 | 11 790 | 6,6% (y/y) |
| Administrative expenses | -5 784 | -5 590 | 3,5% (y/y) |
| Tax on certain financial institutions | -932 | -829 | 12,4% (y/y) |
| Net impairment allowance | -1 620 | -1 623 | -0,2% (y/y) |
| Total assets | 296 912 | 285 573 | 4,0% (y/y) |
| Equity | 36 256 | 32 569 | 11,3% (y/y) |
| ROA net | 1,1% | 1,1% | 0,0 p.p. |
| ROE net | 9,0% | 9,1% | -0,1 p.p. |
| C/I (cost to income ratio)** | 46,0% | 47,4% | -1,4 p.p. |
| Net interest margin | 3,3% | 3,2% | 0,1 p.p. |
| Share of impaired loans | 5,5% | 5,9% | -0,4 p.p. |
| Cost of risk | -0,71% | -0,75% | 0,04 p.p. |
| Total capital ratio | 17,37% | 15,81% | 1,56 p.p. |
| Tier 1 ratio | 16,50% | 14,51% | 1,99 p.p. |
* Result on business actvities defined as operating profit before administrative expenses, tax on certain financial institutions and net impariment allowance and wrtie-downs.
**Administrative expenses to result on business activities.
Income statement of the PKO Bank Polski SA Group (in PLN million)
| 2017 | 2016 | Change (in PLN million) | Change (%) | |
| Interest income | 10 919 | 9 965 | 954 | 9,6% |
| Interest expenses | -2 313 | -2 210 | -103 | 4,7% |
| Net interest income | 8 606 | 7 755 | 851 | 11,0% |
| Fee and commission income | 3 918 | 3 579 | 339 | 9,5% |
| Fee and commission expense | -949 | -886 | -63 | 7,1% |
| Net fee and commission income/(expense) | 2 969 | 2 693 | 276 | 10,2% |
| Dividend income | 12 | 10 | 2 | 20,0% |
| Net gain/(loss) on financial instruments measured at fair value | 8 | 4 | 4 | 100,0% |
| Gain/(loss) on investment securities | 46 | 506 | -460 | -90,9% |
| Net foreign exchange gains/(losses) | 452 | 503 | -51 | -10,1% |
| Net other operating income and expenses | 470 | 319 | 151 | 47,3% |
| Net impairment allowances and provisions | -1 620 | -1 623 | 3 | -0,2% |
| Administrative expenses | -5 784 | -5 590 | -194 | 3,5% |
| Tax on certain financial institutions | -932 | -829 | -103 | 12,4% |
| Operating profit/(loss) | 4 227 | 3 748 | 479 | 12,8% |
| Share in profits and losses of associated entities and joint ventures | 22 | 35 | -13 | -37,1% |
| Profit before income tax | 4 249 | 3 783 | 466 | 12,3% |
| Income tax expense | -1 140 | -907 | -233 | 25,7% |
| Net profit (including non-controlling shareholders) | 3 109 | 2 876 | 233 | 8,1% |
| Profit (loss) attributable to non-controlling shareholders | 5 | 2 | 3 | 2,5x |
| Net profit | 3 104 | 2 874 | 230 | 8,0% |