Triodos Bank’s Executive Board provides a perspective on the wider world it operates in, its impact and activity in 2016 and its prospects for the future.
Read our Executive Board Report here.
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in thousands of EUR |
Netherlands |
Belgium |
United |
Spain |
Germany |
France |
Elimination |
Total |
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Names |
Triodos Bank NV, |
Triodos Bank NV, Triodos IMMA BVBA |
Triodos Bank NV |
Triodos Bank NV |
Triodos Bank NV |
Triodos Finance BV |
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Nature of activities |
Bank, Private Banking and Investment management |
Bank and Private Banking |
Bank |
Bank |
Bank |
Agency for branch Belgium and market research |
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Geographical location |
Zeist |
Brussel |
Bristol |
Madrid |
Frankfurt |
Paris |
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Total income |
104,620 |
41,332 |
28,593 |
36,829 |
7,080 |
2,497 |
–3,321 |
217,630 |
Operating expenses |
–79,131 |
–28,050 |
–22,407 |
–34,464 |
–8,607 |
–2,439 |
3,359 |
–171,739 |
Impairments loan portfolio |
–2,144 |
–378 |
81 |
–3,019 |
–251 |
– |
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–5,711 |
Value adjustments to participations |
–1,485 |
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–1,485 |
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Operating result |
21,860 |
12,904 |
6,267 |
–654 |
–1,778 |
58 |
38 |
38,695 |
Taxation on operating result |
–5,517 |
–3,830 |
–1,137 |
730 |
395 |
–3 |
–9 |
–9,371 |
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Net profit |
16,343 |
9,074 |
5,130 |
76 |
–1,383 |
55 |
29 |
29,324 |
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Public subsidies received |
– |
– |
– |
– |
– |
– |
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– |
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Average number of FTE's during the year |
528.8 |
117.7 |
130.3 |
266.5 |
42.9 |
8.7 |
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1,094.9 |
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Triodos Bank’s approach to tax reflects its values. It sees paying taxes not as a burden, but as a contribution to the societies that the bank operates in. Taxes are an important instrument to fund education, infrastructure and systems. As such, companies should pay taxes as an important part of their role as a responsible business. A breakdown of the corporate income tax incurred by Triodos Bank NV in the countries where it is active is included in the table above. Triodos Bank continues working on improving the disclosures.
Download XLS |
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in thousands of EUR |
Netherlands |
Belgium |
United |
Spain |
Germany |
France |
Elimination |
Total |
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Names |
Triodos Bank NV, |
Triodos Bank NV, Triodos IMMA BVBA |
Triodos Bank NV |
Triodos Bank NV |
Triodos Bank NV |
Triodos Finance BV |
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Nature of activities |
Bank, Private Banking and Investment management |
Bank and Private Banking |
Bank |
Bank |
Bank |
Agency for branch Belgium and market research |
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Geographical location |
Zeist |
Brussel |
Bristol |
Madrid |
Frankfurt |
Paris |
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Total income |
99,996 |
40,212 |
28,531 |
37,206 |
6,764 |
1,643 |
–2,763 |
211,589 |
Operating expenses |
–68,087 |
–27,292 |
–16,783 |
–30,589 |
–8,671 |
–1,598 |
2,800 |
–150,220 |
Impairments loan portfolio |
–3,125 |
–1,101 |
–166 |
–2,726 |
–461 |
– |
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–7,579 |
Value adjustments to participations |
210 |
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210 |
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Operating result |
28,994 |
11,819 |
11,582 |
3,891 |
–2,368 |
45 |
37 |
54,000 |
Taxation on operating result |
–6,829 |
–3,579 |
–2,481 |
–961 |
594 |
–8 |
–9 |
–13,273 |
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Net profit |
22,165 |
8,240 |
9,101 |
2,930 |
–1,774 |
37 |
28 |
40,727 |
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Public subsidies received |
– |
– |
– |
– |
– |
– |
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– |
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Average number of FTE's during the year |
467.4 |
112.2 |
110.8 |
248.5 |
40.1 |
0.0 |
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979.1 |
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