Consolidated Income Statement
| Amount ‘000 PLN | Note | 1.01.2021 -31.12.2021 | 1.01.2020 -31.12.2020* |
|---|---|---|---|
| Net interest income | 2 713 143 | 2 583 060 | |
| Interest income and other of similar nature | 1 | 2 842 093 | 3 126 579 |
| Income calculated using the effective interest method | 2 778 204 | 3 018 124 | |
| Interest income from Financial assets at amortised cost | 2 620 651 | 2 704 672 | |
| Interest income from Financial assets at fair value through other comprehensive income | 157 553 | 313 452 | |
| Income of similar nature to interest from Financial assets at fair value through profit or loss | 63 889 | 108 455 | |
| Interest expenses | 2 | (128 950) | (543 519) |
| Net fee and commission income | 830 612 | 746 056 | |
| Fee and commission income | 3 | 1 012 250 | 947 414 |
| Fee and commission expenses | 3 | (181 638) | (201 358) |
| Dividend income | 4 | 3 761 | 3 678 |
| Result on derecognition of financial assets and liabilities not measured at fair value through profit or loss | 5 | 9 669 | 128 082 |
| Results on financial assets and liabilities held for trading | 6 | (9 296) | 13 436 |
| Result on non-trading financial assets mandatorily at fair value through profit or loss | 7 | 124 538 | 38 576 |
| Result on hedge accounting | 8 | (3 185) | (10 259) |
| Result on exchange differences | (148 999) | 120 521 | |
| Other operating income | 9 | 317 295 | 160 766 |
| Other operating expenses | 10 | (239 510) | (249 060) |
| Administrative expenses | 11 | (1 440 706) | (1 542 379) |
| Impairment losses on financial assets | 12 | (318 391) | (556 912) |
| Impairment losses on non-financial assets | 13 | (7 672) | (7 890) |
| Provisions for legal risk connected with FX mortgage loans | 14 | (2 305 157) | (713 617) |
| Result on modification | (12 839) | (13 565) | |
| Depreciation | 15 | (201 595) | (210 411) |
| Share of the profit of investments in subsidiaries | 0 | 0 | |
| Banking tax | (312 611) | (279 147) | |
| Profit before income taxes | (1 000 943) | 210 935 | |
| Corporate income tax | 16 | (330 923) | (188 118) |
| Profit after taxes | (1 331 866) | 22 817 | |
| Attributable to: | |||
| Owners of the parent | (1 331 866) | 22 817 | |
| Non-controlling interests | 0 | 0 | |
| Weighted average number of outstanding ordinary shares | 1 213 116 777 | 1 213 116 777 | |
| Profit (loss) per ordinary share (in PLN) | 17 | (1.10) | 0.02 |
* Data for 2020 has been restated in relation to the information presented in the report for 2020, more information on this subject is provided in Chapter 7. "Accounting policy".
Notes are integral part of these consolidated financial statements.