Notes

2025

2024

Income

Interest income calculated using the effective interest method

488,754

510,915

Other interest income

13,919

41,102

Interest expense calculated using the effective interest method

-259,573

-237,423

Other interest expense

-22,349

-92,708

Interest expenses on leases

-221

-97

Net interest income

220,530

221,789

Dividend Income

(21)

39,565

29,171

Results from equity Investments

-121,479

161,036

Share in the result of investment in group companies

(D)

-2,904

-6,254

Share in the result of associates

(10)

50,809

39,483

Total results from equity investments, investment in group companies and associates

-34,009

223,436

Fee and commission income

11,432

9,660

Fee and commission expense

-12,976

-13,726

Net fee and commission income

(23)

-1,544

-4,066

Net results from financial transactions

(G)

-11,635

-4,310

Remuneration for services rendered

32,727

33,201

Gains and losses due to derecognition

349

1,636

Other operating income

1,636

-

Total other income

23,077

30,527

Total income

208,054

471,686

Operating expenses

Staff costs

-141,460

-141,025

General and administrative expenses

-35,682

-37,023

Depreciation, amortisation and impairment of PP&E and intangible assets

-11,633

-8,618

Total operating expenses

-188,775

-186,666

Impairment charges on financial assets, loan commitments and guarantees

40,719

27,474

Profit/(loss) before taxation

59,998

312,494

Income tax

-11,540

-15,260

Net profit/(loss)

48,458

297,234