Attestations and Reports

reference date 31 December 2015

Pursuant to the supervisory provisions for banks

Bank of Italy Circular no. 285/2013 – Part I – Title III – Chapter 2

In order to increase the EU public's trust in the financial sector, here below is the information as per the letters a), b) and c) of Annex A to Part I, Title III, Chapter 2 of Bank of Italy's Circular No. 285.

The information refers to the situation at 31 December 2015.

  INFORMATION /GEOGRAPHICAL AREA ITALY POLAND GROUP
a) Company name Banca IFIS S.p.A. IFIS Finance Sp. Z o.o. Banca IFIS Group
  Business activity Savings accounts /deposits for the public and credit activities. Banca IFIS specializes in the sectors of trade receivables, non-performing loans and tax receivables IFIS Finance offers enterprises financial support and receivables management Savings accounts /deposits for the public and credit activities. Banca IFIS specializes in the sectors of trade receivables, non-performing loans and tax receivables
b) Turnover(1) (in thousands of Euro) 405.174 2.784 407.958
c) Number of full-time employees like for like(2) 603,30 16,82 620,12
d) Pre tax profit (loss) for the year(in thousands of Euro) 244.056 1.533 245.589
e) Income taxes for the year (in thousands of Euro) (83.313) (310) (83.623)
f) Government grants received - - -

(1) Turnover is intended as net banking income – item 120 in the Consolidated Income Statement at 31 December 2015.
(2) The ‘number of full-time employees like for like’ is calculated, as per the relative provisions, as the ratio between the total number of hours worked by all employees (excluding overtime) and the total, annual number of hours contractually foreseen for a full-time employee (intended as the total number of hours workable in a year by contract, net of a forecasted 20 compulsory holiday days a year)