I. Consolidated income statement
| NOTE | 2021 | 2020 RESTATED | |
| Interest income | 7 | 5,870,356 | 5,849,359 |
| Interest income calculated using the effective interest method | 5,562,252 | 5,610,855 | |
| Financial assets measured at amortised cost | 5,109,180 | 4,983,095 | |
| Financial assets measured at fair value through other comprehensive income | 453,072 | 627,760 | |
| Other interest income related to financial assets measured at fair value through profit or loss | 308,104 | 238,504 | |
| Interest expense | 7 | -209,595 | -647,347 |
| Net interest income | 5,660,761 | 5,202,012 | |
| Fee and commission income | 8 | 3,229,997 | 2,905,266 |
| Fee and commission expense | 8 | -542,482 | -471,616 |
| Net fee and commission income | 2,687,515 | 2,433,650 | |
| Dividend income | 9 | 26,662 | 26,278 |
| Result on financial assets and liabilities measured at fair value through profit or loss and foreign exchange result | 10 | 129,845 | 170,539 |
| Result on fair value hedge accounting | 25 | 3,704 | -847 |
| Result on derecognition of financial assets and liabilities not measured at fair value through profit or loss | 11 | 29,863 | 61,132 |
| Net allowances for expected credit losses | 12 | -778,198 | -1,578,460 |
| Operating income | 13 | 121,546 | 68,180 |
| Operating expenses | 13 | -137,746 | -165,049 |
| Administrative expenses | 14 | -4,099,042 | -3,953,469 |
| Personnel expenses | -2,156,056 | -2,039,866 | |
| Other administrative expenses | -1,942,986 | -1,913,603 | |
| Depreciation and amortization | 15 | -648,218 | -538,951 |
| Gains (losses) on associates and disposal of subsidiaries | 16 | 4,928 | – |
| PROFIT BEFORE INCOME TAX | 3,001,620 | 1,725,015 | |
| Income tax expense | 17 | -825,062 | -622,114 |
| NET PROFIT | 2,176,558 | 1,102,901 | |
| 1. Attributable to equity holders of the Bank | 2,174,897 | 1,101,712 | |
| 2. Attributable to non-controlling interests | 1,661 | 1,189 | |
| Earnings per share (in PLN per share) | |||
| basic for the period | 18 | 8.29 | 4.2 |
| diluted for the period | 18 | 8.29 | 4.2 |
Notes to the financial statements presented in part VI constitute an integral part of the consolidated financial statements.