Annex II

Annex III to Decision (EU) 2016/2247 (ECB/2016/35) is replaced by the following:

‘ANNEX III

PUBLISHED PROFIT AND LOSS ACCOUNT OF THE ECB

The ECB may alternatively publish exact euro amounts, or amounts rounded in a different manner.
The breakdown between income and expenses may alternatively be provided in the explanatory notes to the annual accounts.
This includes administrative provisions.
This item is used in the case of outsourced banknote production (for the cost of the services provided by external companies in charge of the production on behalf of the central banks). It is recommended that the costs incurred in connection with the issue of euro banknotes are taken to the profit and loss account as they are invoiced or otherwise incurred, see also Guideline (EU) 2016/2249 (ECB/2016/34).
(EUR millionf1)
Profit and loss account for the year ending 31 December …		Reporting year	Previous year
1.1.1.	Interest income on foreign reserve assets
1.1.2.	Interest income arising from the allocation of euro banknotes within the Eurosystem
1.1.3.	Other interest income
1.1.	Interest income
1.2.1.	Remuneration of NCBs’ claims in respect of foreign reserves transferred
1.2.2.	Other interest expense
1.2.	Interest expense
1	Net interest income
2.1.	Realised gains/losses arising from financial operations
2.2.	Write-downs on financial assets and positions
2.3.	Transfer to/from provisions for financial risks
2	Net result of financial operations, write downs and risk provisions
3.1.	Fees and commissions income
3.2.	Fees and commissions expense
3	Net income/expense from fees and commissionsf2
4	Income from equity shares and participating interests
5	Other income
Total net income
6	Staff costsf3
7	Administrative expenses
8	Depreciation of tangible and intangible fixed assets
9	Banknote production servicesf4
10	Other expenses
(Loss)/profit for the year

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