ING Direct 2002 Annual Report Download - page 62

Download and view the complete annual report

Please find page 62 of the 2002 ING Direct annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 97

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97

Summary annual figures
CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE YEARS ENDED 31 DECEMBER
amounts in millions of euros
2002 2001
Premium income 52,284 50,460
Income from investments of the
insurance operations 11,133 10,587
Interest result from the banking operations 7,702 6,121
Commission 3,960 4,196
Other income 1,722 3,124
Total income 76,801 74,488
Underwriting expenditure 54,966 52,782
Other interest expenses 1,288 1,270
Salaries, pension and social security costs 7,552 7,796
Additions to the provision for loan losses 1,435 750
Other expenses 5,639 5,824
Total expenditure 70,880 68,422
Result before taxation 5,921 6,066
Taxation 1,089 1,165
Result after taxation 4,832 4,901
Third-party interests 332 324
Net profit for the period 4,500 4,577
Operational net profit 4,253 4,252
Non-operational net profit 247 325
Net profit for the period 4,500 4,577
amounts in euros
Net profit per share
Operational profit per share 2.20 2.20
Basic profit per share 2.32 2.37
Diluted profit per share 2.32 2.35
Dividend per ordinary share 0.97 0.97
This consolidated profit and loss account is specified by insurance and banking operations and by Operational and Non-operational result on page 65.
Annual Report 2002 ยท ING Group 59