financial results 2006
The financial figures and the income statement confirm PROTON BANK''s constant trend to achieve high growth rates. The growth strategy and profitable course are also boosted by the completion of the merger by absorption of OMEGA BANK. PROTON BANK keeps moving forward with a fast pace toward dynamic yet rational development and expansion.
2006 FIGURES AT A GLANCE
(all amounts are expressed in thousands, except "net profit per share" and "dividend per share"
- As of 31 December 2006, the consolidated turnover amounted to euro 87.955 (2005: euro 35.368), where the relevant non-consolidated figure reached euro 77.202 (2005: euro 24.399).
- The consolidated profit before tax amounted to euro 39.246 (2005: euro 24.668), while the consolidated profit after tax rose to euro 34.014 (2005: euro 22.062).
- The parent company profit before tax amounted to euro 37.530 (2005: euro 22.862), while the non-consolidated profit after tax rose to euro 32.651 (2005: euro 20.819).
- Net profit per share is calculated at euro 0,72 (2005: euro 0,48 ) where the relevant non-consolidated figure stands at euro 0,69 (2005: euro 0,46)
- Balance sheet items "Loans and advances to customers, net of provisions" and "Due to customers" totalled euro 947.338 and euro 1.064.599, with "Total Assets" reaching euro 1.577.986.
- Τhe BIS tier I ratio and BIS total capital adequacy ratio for 2006 are estimated at 16,74% and 15,99% respectively.
It is worth noting, that any 2006 figures are not directly comparable with those of 2005 due to the recent merger between PROTON BANK with OMEGA BANK and PROTON SECURITIES. In general, however, performance indicators are particularly satisfactory since all the non-consolidated and consolidated figures exhibit an upward trend.
2006 DIVIDEND
In the recent meeting, on March 5th, 2007, the Board of Directors decided to propose a dividend of euro 0,28 to be approved by the Annual General Meeting of the Shareholders.