bank bph presentation 1q2007 results 10.05 · 2010-09-20 · financial results for q1 2007 page 4...

Financial Results for Q1 2007

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Warsaw, 10 May 2007


� Executive summary

� Financial results

� Appendices� Macroeconomic situation� Bank BPH business development� Detailed financials


1Q07

1Q07/ 1Q06

Pre-tax profit 591 � 63% Net profit 463 � 63% ROE – pre-tax 34.0% � 11.7 pp. ROE – net 26.6% � 9.2 pp. C/I 45.7% � 2.8 pp. Total net revenue* 881 � 4% Net F&C 323 � 2% Costs (incl. depreciation) -408 � 0.4% Loans** 37,078 � 14% Deposits*** 40,759 � 7% Assets 61,227 � 2%

��

* NII + Net F&C + trading result; ** Net loans and advances to customers; *** Amounts owed to customers

IFRS consolidated data in PLNm

� Record beating profitability

indicators: i.a. C/I ratio - best among

largest peers

� Strongest quarterly results thanks to

CU stake sale (178m pre-tax capital

gain)


�� Shareholders Customers

Employees Society

� Highest value of intellectual capital* in banking sector (Bank BPH – 3.98 vs. 3.19 as sector avg.)

� Net profit per share 10 times better (from PLN 4.65 in 2002 to PLN 44.15 in 2006)

� Generous dividend payout (up from PLN 1.4 per share in 2002 to PLN 36.2 in 2006)

� Benchmark-setter for profitability per 1 employee

� High level satisfaction** (85% in Bank BPH vs. 73% as sector avg.)

� Tailored solutions and innovative approach (CRM fully implemented in 2005)

� Long-term loyalty programs

� Consistently investing in HR development (336% increase in spending on training since 2003)

� Young talents recruitment (3 programs: praktykant@sukces, absolwent@sukces, doradca@sukces)

� MbO system (222% growth in bonuses since 2003)� Permanent staff assessment (incl. feedback)� Training programs (Management Development,

Academy for Ambitious, Summer School of Excellence, Star Odysey Go!)

� Educational programs with universities � Sponsoring activities � Charity (Patron of the Year by the Academy for

the Development of Philanthropy in Poland in the category „cooperation of the company with non-government organizations”)

* Acc. to the Gdansk Institute for Market Economics, 2007** Quality index measured through ~900 mystery shopping visits per quarter by external leading agencies


1,82,0

2,9

0,8

0,3

1,60,7

0

1

2

3

2001 2002 2003 2004 2005 2006 1Q07

ROAA***

45,746,7

54,5

63,8

63,1 62,6

49,5

44

54

64

2001 2002 2003 2004 2005 2006 1Q07

C/I****26,6

16,7

19,4

6,3

13,77,2

2,7

34,0

21,025,0

4,7

11,717,6

4,9

0

18

36

2001 2002 2003 2004 2005 2006 1Q07

ROAE*GROAE**

!" #��$��% ��&�� '��() *

*/ net profit to average equity;**/ pre-tax profit to average equity; ***/ net profit to average assets; ****/ C/I = general administrative expenses / (total net revenue + other operating result); *****/ NII / total average assets

Acc. to IFRS in % 1Q06

1Q07

CAR 12.37 12.05

Loans/ Deposits 85.7 91.0

Loans/ Assets 51.8 60.6

Margin***** 3.50 3.48

Net profit/ FTE (‘000) 118 195

IFRS

IFRS

PAS

PASIFRS

PAS

ROAE, GROAE C/I

ROAA

1Q06 ROAE–17.5GROAE–22.3

1Q06–48.5

1Q06–1.9

Data for 1Q06 & 1Q07 annualized


+��,-�.��

434

601

973

1294

1634

254363

759

1027

1268

2002 2003 2004 2005 2006

Profit before tax

Net profit

PLNm

+33%

+35%

363

591

285

463

1st quarter 2006 1st quarter 2007

Profit before tax

Net profit

PLNm

+63%

+63%

+62%

+109%

Pre-tax +277%, Net +400%

+43%

+38%

+23%

+26%

Consolidated data


844 881

73

33

0

450

900

1Q06 Net interest income Net F&C Trading result 1Q07

61,6% 62,8%

36,6%37,4%

0,6%1,0%

0%

50%

100%

1Q06 1Q07

Trading result

Net F&C

Net interestincome

�$�� / ��$0��1

Total net revenue in PLNm

PLN 37m (or 4%) increase of net revenue owing to:

� 6.4% increase of net interest income on higher loan and deposit volumes

� Only 2.3% (or PLN 7m) higher net fees due to i.a. lower than a year ago FX fees

+4%

Net F&C coverage (%) 1Q06 1Q07

- of general costs 78 79

- of remuneration costs 155 149

Consolidated data


407

408

0

205

410

1Q06 Personnel Building maintenance

& rents

Depreciation Other 1Q07

-70 -71

-80

-40

0

1Q06 1Q07

2�� / ��$0��1

Costs (incl. depreciation) Impairment charges

stable

Impairment charges unchanged and consistent with a prudent risk

policy

� Total costs flat

� With the only exception of personnel expenses (up by 6.1%), due to Pay for Performance and Key Staff Retention Programs…

� …All other types of costs reduced (building maintenance by 7.3%, depreciation - 8.8% and others - 2.4%)

1Q071Q06

PLNm

+12

-4 -2 -5

Consolidated data


�� / ��$0��1

Assets

� -2.4% YoY drop in assets primarily due to lower by 54.7% dues from banks, despite a 14% loan growth and other financial assets boosting by 42%

� Rising share of PLN denominated loans - 59%

4 18513 026

2 192

3 421 4 5707 065 10 062

8 65717 032 7 712

2 706 2 909

37 07835 59432 497

0

32 500

65 000

1Q06 2006 1Q07

net loans*

trading assets

dues from banks

other financialassetsothers

Loans

27,7%

12,7%

58,7%

0,0%0,9%

27,2%

55,2%

1,4%

12,9%

3,3%

0%

30%

60%

PLN CHF EUR USD others

1Q07 1Q06

13% 16%

39% 40%

44%48%

0%

50%

100%

1Q06 1Q07

corporate (incl. CRE)private individualsSE

* Net loans and advances to customers; Bank BPH only: +13.7%

PLNm

64,75762,72161,227

-2.4%

Consolidated data


3 484

8 243 8 799 3 3926 436

3 830 3 7486 8616 666 7 156

6 050 3 816

40 75941 53437 933

0

32 500

65 000

1Q06 2006 1Q07

deposits*

dues to banks

evidenced bycertificatesshareholders'equityothers

3��'�� / ��$0��1

Liabilities Deposits

82,6%

11,5% 5,7%0,2%

0,2%

80,7%

0,0%

12,4%6,6%

0%

43%

86%

PLN CHF EUR USD others

1Q07 1Q06

12% 11%

47%

40% 43%

48%

0%

50%

100%

1Q06 1Q07

CorporatePrivate individualsSE

� 58.8% drop in liabilities evidenced by certificates following the repayment of EUR 1.5bn eurobonds

� 7.5% YoY upturn in deposits (i.e. PLN 2.8bn); 1.9% q/q decrease due to volumes transferred to investment funds

� Overwhelming share of PLN denominated deposits - 82.6%

* Amounts owed to customers; Bank BPH only: +6.9%

PLNm

Consolidated data


92,4% 94,1% 94,3%

7,6% 5,9% 5,7%

0%

50%

100%

31.03.06 31.12.06 31.03.07

Impairedloans

Regularloans

Consolidated loan book*

�� 3��

� In Q1 2007, share of consolidated impaired loans in total portfolio continued to decrease (by 0.2 pp.), with a 4% increase in total loans

* Including loans eligible for discounting presented in note 9 to „1Q07 Bank BPH Group Financial Report” Consolidated data


1Q07 PLNm

Retail (%)

Corporate (%)

INM* (%)

Others (%)

Assets 61,227 33 26 34 7

Liabilities 61,227 40 31 17 12

Total net revenue 881 71 25 6 -2

Costs (incl. depreciation) 408 74 24 4 -2

Impairment charges 71 65 35 0 0

��4�$��5�2��'��

Retail77%

Other 1%

INM6%

Corporate17%

Pre-tax profit (PLN 591m)**

* International Markets (INM) excluding results on sales of treasury and custody products as generated by INM Division and presented entirely in the results of Corporate and Retail segments

** Gain from CU stake sale presented within Retail Area

Consolidated data


7,56,4

5,85,5

5,24,54,0

4,85,9

6,8

2,4 3,0

4,1

0,0

3,0

6,0

9,0

1Q04

2Q04

3Q04

4Q04

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

F1Q07

7,7

14,8

19,8

25,2

19,3

10,16,54,0

1,4

8,55,34,94,8

0

6

12

18

24

30

1Q04

2Q04

3Q04

4Q04

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

F1Q07

�4��4��$��'��4�" ��4" ��1

GDP (%, YoY) Investments (%, YoY)

Contribution to GDP growth

5,2 4,95,5 5,2

6,3

2,62,2

5,1

1,41,3

5,1

2,7

4,4

0,5

2,75

5

7,25

1Q04

2Q04

3Q04

4Q04

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

F1Q07

Private consumption (%, YoY)

All figures reported as quarter average (unless stated otherwise)

� A record high GDP growth dynamics is driven by fixed investments and consumption rebound

� In Q1 2007 GDP growth reached 7.5%, the bestresult since 1996

� GDP growth in 2007 will be at least as good as in 2006 and will reach 6%

-4

-2

0

2

4

6

8

10

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

4Q07

Net exportsInventoriesInvestments Public consumptionPrivate consumptionGDP

perc

. poi

nts

(con

tribu

tions

to G

DP

)


150,3148,0141,4

131,4128,4136,3

123,5125,9125,5126,1

203,8

198,2

183,5162,0

156,4

116,3126,5129,6

139,4144,4

100

120

140

160

180

200

1Q05 3Q05 1Q06 3Q06 1Q07

Corporate Household

125,2118,6101,896,3 108,4

79,8 83,9 88,3 96,5

227,3217,3212,9207,8199,3 200,6 200,5 201,5 204,7

0,0

50,0

100,0

150,0

200,0

250,0

1Q05 3Q05 1Q06 3Q06 F1Q07

Corporate Household

8,8%7,2%

10,3%

12,7%

15,1%15,6%

21,8%22,0%

18,6%

13,8%

11,5%

2001 2002 2003 2004 1Q05 2Q05 3Q05 4Q05 1Q06 3Q06 4Q06

2��%.#�� 3��

� CPI reached the target, and the MPC started to

raise rates. We expect rates to increase to 4.5%

this year

� 2006 was record high in terms of lending

dynamics. The positive trend should continue

Corporate and household loans(in PLNbn, quarterly averages)

Corporate and household deposits (in PLNbn, quarterly averages)

Inflation (%, YoY, end of period) and 1M WIBOR

NPL in commercial banks (share %)*

All figures reported as quarter average (unless stated otherwise)

1,7

4,3

1,3 1,1

2,41,7

0,8 11,51,3 1,6

5,64,7 4,6 4,3 4,1

6,5

4,14,14,1

0

1

2

3

4

5

6

7

8

9

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

F1Q07

F2Q07

Inflation1M WIBOR

*/ according to NBP


Loan volume portfolio = loans and guarantees granted

3�� '��" ��" ��6�0�60��(��,��*

Retail

Loan portfolio by economic sectors1Loan portfolio by segments

1 Industry branches presented in accordance to NACE.

Note: „Other Branches” includes, inter alia, Machinery and Equipment (ca 3%), Metallurgy (2%), Chemicals (2%), Building Materials Industry (ca 2%), Oil Industry(ca 2%).

Personal Mortgages

33%

Small Enterprises

13%

Consumer Loans

7%

Corporate41%

Commercial Real Estate

6%

Other Branches12%

Food Processing

3%

Construction4% Community

&Utilities4%

Real Estate5%

General Servicies

6%

Financial Activities

6%

Energy3%

Transport & Communic.

3%

Light Industry3%

Private Individuals

40%

Wholesale&Commiss.

Trade8%

Other Trade3%


Impaired loans as % of total loans Provision coverage of impaired loans

7$�$�8 �� !" #��3��6��9��:

� Impaired loans per valuation method� Individual portfolio consists of impaired loans, which are individually significant (i.e. above certain threshold); the estimation of expected cash-flows is performed on a loan by loan basis� Collective portfolio – small-balance defaulted loans; the estimation of recoveries is based on statistical model incl. The Bank’s data on credit losses in such products/ borrowers segments

* Unconsolidated data

35%65%

Collective Portfolio Individual Portfolio

62% 63%62% 63%

0%10%20%30%40%50%60%70%

31.12.2006 31.03.2007

Retail Corporate

5,0% 4,9%4,8%

5,3%

0%

1%

2%

3%

4%

5%

6%

31.12.2006 31.03.2007Retail Corporate

Total Bank 5,1% Total Bank

4,9%

Total Bank 62%

Total Bank 63%


��4$��#" ��/ ��'��;��

��8 �� $�� $��3+��0<'�

544 543 531 539567

300

450

600

1Q06 2Q06 3Q06 4Q06 1Q07

+4.2%

Income

� Sale of new packages:+78 ths ROR for PI and +23 ths Harmonium for BC

� Loans & deposits expansion:+18% YoY average loan volumes and +7% interest income growth+10% YoY growth of average volumes and interest income on deposits

PLNm


21,6 21,9 22,7 23,8 23,8

10

14

18

22

26

1Q06 2Q06 3Q06 4Q06 1Q07

20,319,919,919,217,5

10

14

18

22

1Q06 2Q06 3Q06 4Q06 1Q07

��4$��#" ��/ -��

* including SCD (in Bank BPH balance sheet)

Retail loan volumes

+16%

Margins (%):

Market shares (%):

Retail deposit volumes*

+10%

Margins (%):

Market shares (%):

� Marketing campaigns of key products (Cash loans, MTG, Quick Loans for SME)

� A 5.4-time sales growth of PLN mortgages (PLN 0.6bn in Q1 2007 vs 0.12bn in Q1 2006)

� Po�yczka od R�ki cash loan sales growth of 72% vs. Q1 2006 (PLN 0.25bn)

� Focus on alternative investment products (mutual funds and SCD)

3.5 3.4 3.3 3.2 2.2 2.3 2.2 2.23.1 2.2

10.011.9 11.9 11.3 10.5 10.510.4 10.4 10.6 10.7

PLNbn


5,3 5,8 6,3 6,9 6,9

0,0

1,0

2,0

3,0

4,0

5,0

6,0

7,0

8,0

9,0

1Q06 2Q06 3Q06 4Q06 1Q07

��4$��#" ��/

!�$�" ��

+31%

BPH TFI assets

Market shares (%):5.97.3 7.5 6.97.4

� BPH TFI assets growth (+ PLN 1.6bn vs. March’06)

� Expanding of Bank BPH offer by new Pioneer funds

� Large structured deposits issue in 2007: Lokata Trzy Zyski+ (PLN 320m sales)

PLNbn


1 4231 4191 3961 3721 345

1 000

1 100

1 200

1 300

1 400

1 500

1 600

1Q06 2Q06 3Q06 4Q06 1Q07

+6%

��4$��#" ��/ �7�

(+8 �2��" ��% ��$��;��*

ROR accounts for PI

� Ca. 8% market share� +78 ths YoY ROR packages growth driven by attractive Sez@mMax offer � A 49% share of colored** packages (+4pp. YoY)� A Joint BPH/ Pekao campaign since Nov.’06: Free of charge ATMs for BPH & Pekao customers

* Silver, Gold, Sezam Max, Private Banking

‘000


SME and PI (’000) 1Q06 2Q06 3Q06 4Q06 1Q07

Internet banking 517 552 585 615 640

Call center 613 653 701 747 775

385 383424

487 478

0

100

200

300

400

500

1Q06 2Q06 3Q06 4Q06 1Q07

��4$��#" ��/

2��2�� &��$�4��'��2��

Credit cards number

+24%

+24%

+26%

‘000


137 145 152157 160

0

40

80

120

160

1Q06 2Q06 3Q06 4Q06 1Q07

+17%

��4$��#" ��/

��" ��" �&��3�� 9%

� Every 11th active firm in Poland using Harmonium package

� Substantial increase in deposit volume (+28% YoY)

� Growth of loans for SME: 12% YoY - successful marketing campaign of Quick Loans offer

Harmonium packages ‘000


��4$��#" ��/

9 �� 3��

��2�" #��$�9 ��8 ��.�'� �� +�" ��

Mortgage loans

Market shares (%):

+20%PLN share

10,311,6 12,1 12,1 12,4

16,3% 15,4% 16,6%21,9% 25,5%

3

5

7

9

11

13

IQ06 IIQ06 IIIQ06 IVQ06 IQ07

0%

50%

100%

17.118.7 18.3 14.315.6

� 438% PLN sales growth in Q1 2007 vs. Q1 2006 accompanied by a 32% total sales decline� PLN motgage growth by 16pp. faster than market (Bank BPH: +87% vs. market: +71% )� 4.4pp. market share decline of Bank BPH YoY after giving up FX loans sales

� PLN: + 0.82pp.� FCY: - 6.86pp.

As at 31 March. 2007 Total PLN FX

Av. maturity* 22 years 19 years 24 years

Av. amount** TPLN 118 TPLN 118 TPLN 157 ***

Av. LTV 64% 61% 65%

NPL 1.71% 3.03% 1.27% Portfolio growth dynamics (March’07/ March’06) 20% 87% 7%

*loans granted in 2006; contractual maturity, the actual is 3-5 years shorter**loans granted in Q1 2007;***generally granted only for clients with revenues in the same foreign currencies,

PLNm

8.58.8 8.6 9.69.5

Total:

PLN:


40,0%

44,0%

48,0%

52,0%

56,0%

Jan

Feb

Mar

Apr

May Jun

Jul

Aug

Sept

Oct

Nov

Dec

2006 2007

96 106

74 87

1Q2006 1Q2007

interestincome

fee income

C/I – based on fully-loaded costs

+13.5%

2��#��4$��#" �� –!��" �&�2=!

Fee & Interest Income

170193

PLNm %


14 25817 898

0

5 000

10 000

15 000

1Q2006 1Q2007

2��#��4$��#" ��–4#��3��

12,6411,8211,2610,52

0,00

15,00

1Q04 1Q05 1Q06 1Q07

11,0812,1211,899,84

0,00

15,00

1Q04 1Q05 1Q06 1Q07

Corporate Deposits – market share* Corporate Loans – market share*

*/ Period end; Note: Data accordingly to NBP segmentation, which is different from Bank BPH’s - NBP segment includes i.a. SMESource: NBP

+2.12 pp. - 2.05 pp.

Corporate Loan Volumes

AverageAverage

Corporate Deposit Volumes

+25.5% avg.

Average Average 1 512 940

15 32314 538

0

5 000

10 000

15 000

1Q2006 1Q2007

livingportfolio

workoutportfolio

+5.4% avg.

-37,8% avg.

PLNm PLNm

% %


2��#��4$��#" ��–-��

Main achievements:� BusinessNet – 22% YoY increase in number of corporates using the system� Cross-border outgoing payments – transaction number quarterly growth close to 20%� TransKasa – number of Agents tripled at end-March 2007 vs. March 2006; Network of terminals accepting payments for the

benefit of 76 Mass Billers (50% YoY increase) � TransDebit – over 100% YoY increase in number of transactions - up to app. 120 ths (March 2007)� TransCollect – over 4.9m transactions monthly, i.e. over 10% growth vs. March 2006

Bank BPH awarded „The Best Trade Finance Bank” in Poland by Global Finance MagazineEuropean Medal granted to Bank BPH for electronic trade finance solutions

020 00040 00060 00080 000

100 000120 000140 000160 000180 000200 000220 000240 000260 000280 000300 000320 000340 000360 000

1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07

0

20 000

40 000

60 000

80 000

1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07

TransDebit (quarterly total transfers) POS (quarterly total transactions)

+66%+1012%


2��#��4$��#" ��/

��

Source: Rzeczpospolita daily

Key developments Q1 2007:

� Successful closing of 4 transactions with a nominal value totaling ca. PLN 3.5bn; Bank BPH commitment of PLN 670m

� Leading position in M&A and leverage finance transactions

� Rich pipeline for 2007 with transactions budgeted up to Q4

Bank BPH holding first position in terms of volume and number of transactions closed in 2006

2006��

��

��

��

��

��

��

��

� ��

��

��

��

�� !"!#$

��

�� !��"��#$ ��

�%&�� '�(��

��)��*+ � � ��,�"$-��

%��..��


2��#��4$��#" ��/

2�" " ��%��

Bank BPH as one of market leaders in Commercial Real Estate

� 7 closed transactions till March 2007

� Assisted in restructuring of distressed properties

� Newly acquired large transactions in pipeline allowing for further income growth expectation

PLN 40 106 000PLN 2 343 000

Land Loan

Arranger03.2007

Oakland Park Savleigh

PLN 239 118 737

Construction loan

Arranger01.2007

PLN 66 500 000

Arranger01.2007

POLSKIE PROJEKTY

INWESTYCYJNE


93%100%

1Q06 1Q07

!+9 ��4$��#" ��–-�� &�7��

Sales margin from treasury products*

� 34% YoY increase in total outstanding medium & long-term debt issued excl. BPH own issues (PLN 3,292.35m at end-March) ensuring market leader position

� Slight drop of sales margin on treasury products due to lower margin on FX spot transactions in Q1 2007 vs. Q1 2006 related to lack of significant one-off projects conducted in 2006 and lower market volatility

* results from sales of treasury products and custody services generated by INM Divisionpresented entirely in the results of Corporate and Retail segments

-7%

2 450,59

3 292,35

1Q06 1Q07

Total outstanding medium-& long-termdebt issued

+34%


!+9 ��4$��#" ��– 2��

Number of Custody Clients transactions settled

� 357% annual growth in number of customer transactions settled in Q1 2007, driven mainly by successful acquisition of remote brokers admitted by Warsaw Stock Exchange in 2006

� 16% YoY increase in assets under custody due to:

� new clients acquisition i.e. foreign financial institutions

� organic growth of clients’ portfolios fuelled by stock market increase

105 422

23 068

1Q06 1Q07

+357%


145 535

113 462

1Q06 1Q07

!+9 �� 4$��#" �� – -��

Average monthly volume of inter-bank transactions

� Active market making in all segments ensuring high market share and stable volumes in spite of lower market volatility

� Growing net economic income contribution of Trading/ Investment activities (62%) vis-à-visStructural Bank Book positions (37%)

� Pro-active structural liquidity and cost of taxes management resulted in redemption of three series of own BPH Eurobonds issued under the EMTN Program (of EUR 1.5bn)

PLNm

+28%


!+9 �� 4$��#" �� –��$" ��

� „The Best Bank on the Polish Foreign ExchangeMarket” according to Global Finance ranking ofJanuary 2007

� Top Player in origination and sales of structured investment products

� Fitch: 1st place in terms of medium and long-term debt outstanding arranged, with 16.27% market share

� Fitch: 1st place in terms of short-term debtoutstanding arranged, with 19.1% market share

� YtD Direct Cost/ Total Income Ratio (incl. Treasury Sales and Custody income) of 10.2%

� In macroeconomic ranking of Parkiet, Bank BPH classified again among leading economists group (2nd place) in Q1 2007

The best bankon the Polish

foreign exchangemarket

January 2007

PLN 400.7mof Capital ProtectedStructured Products

Originated in 6 issuances

Jan-Mar 2007

1st Place

short term outstanding debtissues arranged

March 2007

1st Place

medium & long term outstanding

debt issuesarranged

March 2007


��2��

179,1 178,2 191,9 213 203,7 198,8 218 208,4 216,1

66,6 57,9 49,6 35,5 49,9 45,254,2 48,5 46,2

60,9 50,8 55,0 39,5 51,3 51,050,2 55,3 46,8

97,094,3 76,8

101,8 107,9 83,8 91,1 99,388,5

1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07

Personnel Buildings maintenance & rents Depreciation Other

403.5Total (PLNm) 381.2 385.0 364.8 406.7 402.9 406.2 403.3 408.4


36,5% 39,1% 36,2% 38,2%30,5% 36,4% 33,5% 28,0% 28,9%

41,0% 36,4% 37,9% 40,1%44,1% 28,5% 37,5%

35,0%41,4%

15,1% 17,8% 16,6% 12,5%11,3%

10,3%11,4%

10,9%10,6%

8,1% 7,8%9,4%

18,5% 5,8%12,7%

12,9%

4,7% 6,3% 11,9% 13,4%6,2%5,4% 8,0%

1,4%1,3%1,2%

1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07

Other

Securities andcustodian business

Loans andadvances

Domesticpayments

Internationalpayments

�� +��&2�

Total (PLNm) 230.1 240.9

2005

263.8 288.2

2006

315.7 345.3 329.8 358.8 322.9

2007


+�" '�� 5�7��

��%" #��:

* Bank BPH only; ** without unpaid, maternity and child-care leaves, in FTEs; *** including branches, sub-branches, without Corporate Centers

Outlets***

375 398

484485471511

571480465

427

90

2001 2002 2003 2004 2005 2006 1Q07

9 671 9 5159 654 9 905

12 742

11 003

10 067

2001 2002 2003 2004 2005 4Q06 1Q07

-34%

Employees**

Partner

outlets

bank bph presentation 1q2007 results 10.05 · 2010-09-20 · financial results for q1 2007 page 4...

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