SEGMENT PROFIT OR LOSS - FINANCIAL SERVICES

notitolo

 for the three months ended 31 MarchIncrease/(decrease)
(€m)20172016  
Net interest income 371 382 (11) -2.9%
Interest and similar income 391 393 (2) -0.5%
Interest and similar expense 20 11 9 81.8%
Net fee and commission income 884 911 (27) -3.0%
Fee and commission income 899 923 (24) -2.6%
Fee and commission expense 15 12 3 25.0%
Profits/(Losses) on trading, on disposals or repurchases and fair value adjustments in hedge accounting 396 382 14 3.7%
Net interest and other banking income 1,651 1,675 (24) -1.4%
Net losses /recoveries on impairment of loans and advances (5) (4) (1) 25.0%
Net income from banking activities 1,646 1,671 (25) -1.5%
Administrative expenses: 1,377 1,393 (16) -1.1%
personnel expenses 33 33 – n/s
other administrative expenses 1,344 1,360 (16) -1.2%
Net provisions for risks and charges 16 4 12 n/s
Other operating income/(expenses) 25 7 18 n/s
Operating expenses 1,418 1,404 14 1.0%
Operating profit/(loss) (EBIT) 228 267 (39) -14.6%

n/s: not significant