Accessible Reporting |  Site Map |  Tell A Friend |  Download |  How to Join  
*
The Co-operative Bank*
*
Key Extracts |  Financial Statements 2001 |  Our Performance |  Home 
*
**
*
Consolidated Profit and Loss Account >>
 Consolidated Balance Sheet
 Movements in Shareholders' Funds
 5 Year Financial History
Partnership Report 2001
Help us improve our website


*
Key Extracts : Consolidated Profit and Loss Account
*
Consolidated Profit and Loss Account

for the year ended 12th January 2002
all amounts are stated in £m unless otherwise indicated

 *
  2001
(52 weeks)		 2000
(53 weeks)
Interest receivable    
Interest receivable and other income arising from debt securities 166.8 174.0
Other interest receivable and similar income 396.4 386.8
*
  563.2 560.8
Interest payable (249.7) (266.7)
*
Net Interest Income 313.5 294.1
     
Fees and commissions receivable 163.7 153.6
Fees and commissions payable (20.1) (18.6)
Dealing losses (1.5) (0.3)
Other operating income - 0.2
*
Operating Income 455.6 429.0
     
Administrative expenses    
Staff costs
Other
Depreciation and amortisation		 (116.3)
(143.5)
(22.1)		 (112.4)
(140.9)
(19.6)
  (281.9) (272.9)
*
  173.7 156.1
Provisions for bad and doubtful debts (66.2) (59.9)
*
Group Operating Profit 107.5 96.2
Income from interests in associated undertakings - 0.1
*
Profit on Ordinary Activities before Taxation 107.5 96.3
Taxation on profit on ordinary activities (31.7) (29.8)
*
Profit on Ordinary Activities after Taxation 75.8 66.5
Minority interests (1.8) (1.7)
*
Profit for the Financial Year 74.0 64.8
Preference dividend to non-equity shareholders (5.5) (5.6)
*
Retained Profit for the Year 68.5 59.2
*
Earnings per share (basic and diluted) 9.79p 8.46p
*

There are no recognised gains or losses other than the profit for the year and the previous year.
All profits have been derived from continuing operations.

 *
Continue to: Consolidated Balance Sheet Back To Top

The financial information set out above does not constitute the company's statutory accounts for the 52 weeks ended 12 January 2002 or the 53 weeks ended 13 January 2001, but is derived from these accounts. Statutory accounts for 2001 are available: follow this link to download. The auditors have reported on those accounts; their reports were unqualified and did not contain a statement under section 237 (2) or (3) of the Companies Act 1985.