Banque et Caisse d'Epargne de l'Etat, Luxembourg financials
Banque et Caisse d'Epargne de l'Etat, Luxembourg
Country: LU Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
R7CQUF1DQM73HUTV1078 Financial statements
(EUR, as reported — unscaled; 97 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | €1.10B | €1.02B |
| Employee benefits expense | €291.9M | €274.0M |
| Depreciation & amortisation | €54.5M | €49.4M |
| Operating profit (EBIT) | €682.4M | €617.2M |
| Profit before tax | €543.3M | €532.7M |
| Profit for the year | €442.3M | €451.4M |
| — attributable to owners | €442.2M | €449.3M |
| — attributable to NCI | €105.6K | €2.1M |
| Total comprehensive income | €603.0M | €258.9M |
| Cash flow statement | ||
| Net cash from operating activities | €140.3M | -€2.29B |
| Net cash from investing activities | -€589.2M | -€754.4M |
| Net cash from financing activities | -€123.4M | -€63.3M |
| Dividends paid | €120.0M | €60.0M |
| Lease liability payments | €3.4M | €3.3M |
| Net change in cash | -€572.4M | -€3.11B |
| Balance sheet | ||
| Total assets | €56.87B | €56.18B |
| Cash & equivalents | €10.83B | €11.43B |
| Total equity | €6.31B | €5.84B |
| — attributable to owners | €6.31B | €5.83B |
| Non-controlling interests | €435.5K | €3.0M |
| Deferred tax liabilities | €6.1M | €4.2M |
| Derived metrics | ||
| Operating margin | 61.9% | 60.4% |
| Net margin | 40.1% | 44.2% |
| Return on equity | 7.0% | 7.7% |
| Cash conversion ratio | 0.32× | -5.08× |
| Other reported items | ||
| Accumulated Other Comprehensive Income | €715.3M | €558.2M |
| Actuarial Gains Losses Arising From Changes In Financial Assumptions Net Defined Benefit Liability Asset | -€22.2M | €80.4M |
| Adjustments For Depreciation and Amortisation Expense | €51.4M | €46.5M |
| Adjustments For Fair Value Gains Losses | -€37.5M | -€100.9M |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | €0 | €0 |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €164.4M | €121.5M |
| Adjustments For Provisions | €41.9M | €10.1M |
| Adjustments For Undistributed Profits of Associates | €69.6M | €48.2M |
| Cash and Bank Balances At Central Banks | €7.41B | €7.89B |
| Changes In Other Provisions | -€44.3M | -€11.2M |
| Comprehensive Income Attributable To Noncontrolling Interests | €105.6K | €2.1M |
| Comprehensive Income Attributable To Owners of Parent | €602.9M | €256.8M |
| Current Tax Assets | €0 | €2.6M |
| Current Tax Liabilities | €62.3M | €0 |
| Debt Securities | €2.49B | €3.67B |
| Deferred Tax Expense Income | -€4.0M | €3.5M |
| Derivative Financial Assets Held For Hedging | €878.1M | €1.12B |
| Derivative Financial Liabilities Held For Hedging | €513.0M | €399.9M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | €120.0M | — |
| Dividends Received Classified As Operating Activities | €45.3M | €45.6M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€22.7M | €235.3M |
| Equity and Liabilities | €56.87B | €56.18B |
| Fee and Commission Income Expense | €206.7M | €193.3M |
| Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading | €262.7M | €178.0M |
| Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value | €300.3M | €430.9M |
| Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading | €156.8M | €285.2M |
| Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition | €340.8M | €169.5M |
| Gain Loss Arising From Derecognition of Financial Assets Measured At Amortised Cost | -€500.8K | -€1.1M |
| Gains Losses On Disposals of Noncurrent Assets | €3.0M | €1.6M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | €22.1M | €20.8M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value | €16.1M | €18.7M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | €98.4M | -€133.6M |
| Gains Losses On Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition | -€2.2M | -€11.4M |
| Gains Losses On Hedging Instrument | €6.7M | €13.6M |
| General and Administrative Expense | €124.6M | €112.2M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | €174.8K | €372.0K |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €2.0M | -€26.4M |
| Income Taxes Paid Refund Classified As Operating Activities | €105.0M | €77.8M |
| Increase Decrease In Allowance Account For Credit Losses of Financial Assets | -€164.4M | -€121.5M |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Change In Equity of Subsidiaries | €30.6M | €17.4M |
| Increase Decrease Through Disposal of Subsidiary | €6.4M | €6.5K |
| Increase Decrease Through Transfers and Other Changes Equity | -€5.5M | -€2.2M |
| Intangible Assets Other Than Goodwill | €60.4M | €47.3M |
| Interest Paid Classified As Operating Activities | €2.08B | €1.54B |
| Interest Received Classified As Operating Activities | €2.91B | €2.25B |
| Interest Revenue Calculated Using Effective Interest Method | €850.7M | €782.6M |
| Investment Property | €9.8M | €10.6M |
| Investments In Associates Accounted For Using Equity Method | €977.8M | €907.2M |
| Issued Capital | €173.5M | €173.5M |
| Liabilities | €50.56B | €50.35B |
| Loans and Advances To Banks | €3.38B | €3.24B |
| Loans and Advances To Customers | €27.19B | €26.97B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €0 | €919.4K |
| Other Adjustments To Reconcile Profit Loss | -€10.6M | -€9.8M |
| Other Assets | €30.3M | €29.4M |
| Other Comprehensive Income | €160.7M | -€192.5M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | €5.2K | €7.5K |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €617.5K | €1.5M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €33.9M | -€107.1M |
| Other Comprehensive Income Before Tax Gains Losses On Revaluation | €91.8M | -€134.4M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €447.9K | €1.1M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €160.2M | -€193.6M |
| Other Liabilities | €97.5M | €89.9M |
| Other Provisions | €126.6M | €82.1M |
| Provisions For Employee Benefits | €102.8M | €183.9M |
| Reserve of Cash Flow Hedges | €13.8K | €9.7K |
| Retained Earnings Excluding Profit Loss For Reporting Period | €4.98B | €4.65B |
| Retained Earnings Profit Loss For Reporting Period | €442.2M | €449.3M |
| Revenue From Dividends | €45.3M | €45.6M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | €69.6M | €48.2M |
| Trading Income Expense | €5.5M | €11.0M |
Methodology
Every line item above is a fact tagged in Banque et Caisse d'Epargne de l'Etat, Luxembourg's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.