CFM INDOSUEZ Wealth Management - 2020 Annual Report

50 CONSOLIDATED INCOME STATEMENT (in thousands of euros) NOTES 2020 2019 Interest and similar income 4.1 57,811 72,343 Interest and similar expenses 4.1 -23,011 -25,013 Fee and commission income 4.2 77,272 71,164 Fee and commission expenses 4.2 -9,918 -10,540 Net gains or losses on financial instruments at fair value through profit or loss 4.3 14,768 18,972 Net gains or losses on assets / liabilities held for trading 4,678 6,830 Net gains or losses on other assets / liabilities at fair value through profit or loss 10,090 12,142 Net gains or losses on financial instruments at fair value through other comprehensive income 4.4 0 -87 Net gains or losses on debt instruments recognised in equity recyclable to income 0 -87 Compensation of equity instruments recognised in equity not recyclable to income (dividends) 0 0 Net gains or losses resulting from the derecognition of financial assets at amortised cost 0 0 Net gains or losses resulting from the reclassification of financial assets at amortised cost as financial assets at fair value through profit or loss 0 0 Net gains or losses resulting from the reclassification of financial assets at fair value through other comprehensive income as financial assets at fair value through profit or loss 0 0 Income from other activities 4.5 2,416 2,383 Expenses from other activities 4.5 -1,690 -1,841 Reclassification of net gains or losses on financial assets under the overlay approach 0 0 Net banking income 117,648 127,381 Operating expenses 4.6 -85,259 -90,567 Depreciation, amortisation and impairment of property, plant and equipment and intangible assets 4.7 -5,680 -4,449 Gross operating income 26,709 32,365 Cost of risk 4.8 -1,549 -1,279 Operating income 25,160 31,086 Share of net income of companies accounted for by the equity method 0 0 Net gains or losses on other assets 4.9 6 31,878 Changes in the value of goodwill 0 0 Income before tax 25,166 62,964 Income tax 4.10 -3,382 -13,791 Income after tax from discontinued operations 0 0 Net profit/loss 21,784 49,173 Non-controlling interests 0 99 NET INCOME, GROUP SHARE 21,784 49,074