On a restated basis, general operating expenses stand at E2.02 billion, gross operating income at E1.09 billion and net income at E766 million.
The cost/income ratio stands at 63.8% in the published accounts and at 64.9% when restated. The cost of risk, for its part, has been maintained at E25 million.
The aggregate net income of the Caisses d’Epargne network continued to rise; on a restated basis it increased by 6.4% to reach a total of E766 million in the first half of 2007.
