INSTITUTO DE CRÉDITO OFICIAL, EPE financials
INSTITUTO DE CRÉDITO OFICIAL, EPE
Country: ES Reporting currency: EUR Latest annual report: 2022-12-31
LEI:
PJQDPSI1D8J2Q1IM3G17 Financial statements
(EUR, as reported — unscaled; 120 line items across 2 annual periods)
| Line item | 2022 | 2021 |
|---|---|---|
| Income statement | ||
| Gross profit | €233.5M | €207.5M |
| Administrative expenses | €45.3M | €42.6M |
| Employee benefits expense | €24.2M | €23.6M |
| Depreciation & amortisation | €5.7M | €4.8M |
| Profit before tax | €203.9M | €194.7M |
| Income tax expense | €57.0M | €54.8M |
| Profit for the year | €146.8M | €139.9M |
| — attributable to owners | €146.8M | €139.9M |
| Total comprehensive income | €302.2M | €238.4M |
| Cash flow statement | ||
| Net cash from operating activities | -€6.61B | €6.65B |
| Net cash from investing activities | -€13.2M | -€5.2M |
| Purchase of PP&E (capex) | €1.2M | €0 |
| Purchase of intangibles | €3.8M | €0 |
| Net cash from financing activities | -€122.8M | €276.0K |
| Dividends paid | €0 | €0 |
| Balance sheet | ||
| Total assets | €29.80B | €37.79B |
| Intangible assets & goodwill | €6.9M | €6.6M |
| Cash & equivalents | €2.64B | €9.38B |
| Total equity | €5.59B | €5.41B |
| Deferred tax liabilities | €153.6M | €75.2M |
| Derived metrics | ||
| Free cash flow | -€6.61B | €6.65B |
| Return on equity | 2.6% | 2.6% |
| Cash conversion ratio | -44.99× | 47.58× |
| Capex coverage | -5450.69× | — |
| Other reported items | ||
| Accumulated Other Comprehensive Income | €128.6M | -€26.7M |
| Adjustments For Decrease Increase In Financial Assets Held For Trading | -€19.9M | €51.0M |
| Adjustments For Decrease Increase In Other Assets | €35.4M | -€171.1M |
| Adjustments For Depreciation and Amortisation Expense | €5.7M | €4.8M |
| Adjustments For Increase Decrease In Financial Liabilities Held For Trading | €19.1M | -€50.2M |
| Adjustments For Increase Decrease In Other Liabilities | €651.6M | €521.4M |
| Adjustments For Reconcile Profit Loss | €42.7M | €26.2M |
| Amortisation Intangible Assets Other Than Goodwill | €3.5M | €2.8M |
| Bank Overdrafts Classified As Cash Equivalents | €0 | €0 |
| Cash and Bank Balances At Central Banks | €2.56B | €9.34B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €0 | €0 |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €8.1M | €6.9M |
| Cash On Hand | €7.0K | €5.0K |
| Changes In Equity | -€122.6M | -€70.0M |
| Current Tax Assets | €4.3M | €32.4M |
| Current Tax Liabilities | €1.5M | €6.7M |
| Debt Securities | €13.37B | €20.09B |
| Deferred Tax Assets | €174.3M | €152.5M |
| Deposits From Banks | €4.66B | €5.89B |
| Deposits From Customers | €394.5M | €842.1M |
| Depreciation Property Plant and Equipment | €2.2M | €2.0M |
| Derivative Financial Assets Held For Hedging | €438.8M | €455.0M |
| Derivative Financial Assets Held For Trading | €30.6M | €10.7M |
| Derivative Financial Liabilities Held For Hedging | €565.6M | €331.1M |
| Derivative Financial Liabilities Held For Trading | €29.7M | €10.6M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €0 | €0 |
| Equity and Liabilities | €29.80B | €37.79B |
| Fair Value of Investments In Equity Instruments Designated As Measured At Fair Value Through Other Comprehensive Income | €1.33B | €1.09B |
| Fee and Commission Expense | €9.0M | €7.8M |
| Fee and Commission Income | €62.5M | €57.9M |
| Financial Assets At Amortised Cost | €23.87B | €25.33B |
| Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading | €30.6M | €10.7M |
| Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value | €0 | €0 |
| Financial Assets Measured At Fair Value Through Other Comprehensive Income | €2.46B | €2.24B |
| Financial Liabilities At Amortised Cost | €21.63B | €30.53B |
| Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading | €29.7M | €10.6M |
| Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition | €0 | €0 |
| Gain Loss Arising From Derecognition of Financial Assets Measured At Amortised Cost | €172.0K | €0 |
| Gain Loss On Hedge Ineffectiveness Recognised In Profit Or Loss | €44.7M | €42.4M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | €4.0M | €5.6M |
| Gains Losses On Financial Assets At Amortised Cost | €23.5M | €57.2M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value | €0 | €0 |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | -€23.5M | -€48.4M |
| Impairment Loss Recognised In Profit Or Loss Intangible Assets and Goodwill | €0 | €0 |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -€25.6M | €15.8M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €92.2M | €26.4M |
| Income Taxes Paid Refund Classified As Operating Activities | €5.8M | €27.1M |
| Increase Decrease In Cash and Cash Equivalents | -€6.74B | €6.65B |
| Increase Decrease Through Transfers and Other Changes Equity | €17.0M | €8.9M |
| Inflows of Cash From Investing Activities | €0 | €1.7M |
| Intangible Assets Other Than Goodwill | €6.9M | €6.6M |
| Interest Expense | €200.3M | €147.6M |
| Interest Revenue Expense | €125.7M | €104.6M |
| Investments In Associates | €84.6M | €76.3M |
| Investments In Joint Ventures | €0 | €0 |
| Investments In Subsidiaries Joint Ventures and Associates | €84.6M | €76.3M |
| Issue of Equity | €207.0K | €276.0K |
| Issued Capital | €4.31B | €4.31B |
| Liabilities | €24.21B | €32.38B |
| Liabilities Due To Central Banks | €2.96B | €3.44B |
| Loans and Advances To Banks | €6.91B | €7.72B |
| Loans and Advances To Customers | €10.17B | €10.71B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | €0 | €0 |
| Other Adjustments To Reconcile Profit Loss | €37.1M | €21.4M |
| Other Assets | €15.9M | €28.9M |
| Other Comprehensive Income | €155.4M | €98.6M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -€39.7M | €54.3M |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€45.6M | -€1.5M |
| Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments | €307.3M | €88.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Before Tax | -€59.7M | €36.9M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Before Tax | €215.1M | €61.6M |
| Other Expense By Function | €21.1M | €18.9M |
| Other Finance Income Cost | €45.5M | €42.4M |
| Other Financial Assets | €80.1M | €34.7M |
| Other Financial Liabilities | €247.3M | €258.5M |
| Other Liabilities | €64.6M | €40.4M |
| Other Operating Income Expense | €966.0K | €833.0K |
| Other Provisions | €1.70B | €1.34B |
| Other Reserves | €980.7M | €962.8M |
| Outflows of Cash From Investing Activities | €13.2M | €6.9M |
| Payments To Acquire Or Redeem Entitys Shares | €123.0M | €0 |
| Proceeds From Disposal of Noncurrent Assets Or Disposal Groups Classified As Held For Sale and Discontinued Operations | €0 | €0 |
| Proceeds From Issue of Subordinated Liabilities | €0 | €0 |
| Proceeds From Issuing Shares | €0 | €0 |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | €0 | €355.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €0 | €1.3M |
| Profit Loss From Continuing Operations | €146.8M | €139.9M |
| Provisions | €1.76B | €1.39B |
| Provisions For Employee Benefits | €770.0K | €791.0K |
| Repayments of Subordinated Liabilities | €0 | €0 |
| Retained Earnings | €0 | €0 |
| Retained Earnings Profit Loss For Reporting Period | €146.8M | €139.9M |
| Revaluation Surplus | €18.1M | €19.0M |
| Revenue From Dividends | €480.0K | €18.0K |
| Revenue From Interest | €326.0M | €252.2M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €3.3M | €4.0M |
Methodology
Every line item above is a fact tagged in INSTITUTO DE CRÉDITO OFICIAL, EPE's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.