Financial Results: Consolidated net profit after tax euro 11.343
The financial figures and the income statement confirm PROTON Bank''s constant trend to achieve high growth rates. The 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, in a course of dynamic but rational development, expanding its branch network, as well as its market share in all areas of activity.
FIGURES AT A GLANCE (all amounts are expressed in thousands, except Net Profit per Share)
As of 31 March 2007, consolidated turnover amounted to euro 52.201 (31.03.2006: euro 20.793), whereas the respective non-consolidated figure reached euro 39.702 (31.03.2006: euro 17.313).
Consolidated profit before tax amounted to euro 13.102 (31.03.2006: euro 15.246), while consolidated profit after tax reached euro 11.343 (31.03.2006: euro 13.678).
The parent company profit before tax amounted to euro 12.487 (31.03.2006: euro 14.719), while the non-consolidated profit after tax reached euro 10.776 (31.03.2006: euro 13.316).
Net profit per share is calculated at euro 0,18 (31.03.2006: euro 0,30) where the relevant non-consolidated figure stands at euro 0,17 (31.03.2006: euro 0,30)
Balance sheet items Loans and Advances to Customers, Net of Provisions and Deposits to Customers totalled euro 1.007.806 and euro 1.228.752, with Total Assets reaching euro 1.915.403.
It should be noted, that any 2007 figures are not directly comparable with the respective figures of 2006, due to the recent merger between PROTON BANK with OMEGA BANK and PROTON SECURITIES. In general, however, performance indicators are particularly satisfactory, since all non-consolidated and consolidated figures exhibit an upward trend.