|
|
| |||
|---|---|---|---|---|
|
€m |
2006 |
2007 | ||
|
Revenue |
51,592 |
53,719 | ||
|
Income from banking transactions |
8,953 |
9,793 | ||
|
Revenue and income from banking transactions |
60,545 |
63,512 | ||
As in the prior-year period, there was no revenue or income from banking transactions in financial year 2007 that was generated on the basis of barter transactions.
The LOGISTICS Division in particular achieved a substantial increase in revenue primarily due to the 10-year contract with the British National Health Service (NHS). The revenue contribution from TSO, which was consolidated for the first time in the year under review, was €106 million (see Note 2).
The further classification of revenue by division and the allocation of revenue and income from banking transactions to geographical regions is presented in the segment reporting.
|
|
| |||
|---|---|---|---|---|
|
€m |
2006 |
2007 | ||
|
Interest income |
|
| ||
|
Interest income from credit and money market transactions |
5,058 |
5,409 | ||
|
Interest income from fixed-income securities |
2,068 |
2,491 | ||
|
Income from equities and other non-fixed-income securities |
231 |
103 | ||
|
Interest income from trading operations |
249 |
347 | ||
|
Net gains/losses from remeasurement of hedges |
8 |
–1 | ||
|
|
7,614 |
8,349 | ||
|
Commission income |
1,075 |
1,154 | ||
|
Net trading income |
264 |
290 | ||
|
Income from banking transactions |
8,953 |
9,793 | ||
The method of reporting the net gains/losses from the fair value option was changed compared with the prior year. Changes in the fair value of the related financial instruments are now reported in net trading income, rather than in net interest income. The prior-year amounts have been restated accordingly. Interest relating to financial instruments covered by the fair value option and to the associated interest rate swaps is reported in net interest income as before.
