THE RESOURCES WE HAVE
- solid equity position
- balanced funding mix
- long-term financial stability
- support the economy's recovery
- employees remuneration
- significantly increase shareholder returns
1. Financial data corresponds to information in our 2021 Annual Reports and Accounts. When not applicable, management data is used. For additional information on Group results, refer to the 2021 Annual Reports and Accounts and to the Presentation on 2021 preliminary results available on the investors section of the Group website. Refer to Our Strategy chapter for more information.
We are expecting growth in all our countries.
A. Underlying net profit (i.e. stated net profit adjusted for non-operating items), adjusted for AT1, CASHES and DTA from tax loss carry forward contribution.
B. Share buyback plus cash dividends cumulative (o/w c ash payout ratio for 2022 is expected at 35%). Shareholder distribution subject to Annual General Meeting and Supervisory Authorities approval.