EUR million 1 Jan−31 Dec 2024 1 Jan−31 Dec 2023
1 Interest income 3,210 3,880
2 Interest expense -4,318 -4,924
3 NET INTEREST INCOME/(EXPENSE) -1,108 -1,044
4 Foreign exchange rate differences 435 161
5 Securities price differences 89 36
6 Valuation losses related to currencies and securities -72 -70
7 Change in foreign exchange rate and price difference provision -454 -140
NET RESULT OF FINANCIAL OPERATIONS AND WRITE-DOWNS -1,110 -1,057
8 Net result of pooling monetary income 174 33
9 Income and expenses on fees and commissions -7 -7
10 Share in ECB profit – –
11 Income from other equity instruments and participating interests 5 4
CENTRAL BANKING PROFIT -937 -1,027
12 Other income 49 47
Operating expenses -138 -132
13 Staff costs -68 -65
14 Pension fund contribution -10 -10
15 Administrative expenses -44 -42
16 Depreciation of fixed assets -11 -10
17 Banknote production services -6 -4
18 Other expenses -0 -0
OPERATING PROFIT -1,027 -1,112
Profit for the pension fund – –
19 Income of the pension fund 51 33
20 Expenses of the pension fund -35 -33
21 Changes in provisions 1,011 1,112
22 PROFIT FOR THE YEAR – –

Helsinki, 25 February 2025


THE BOARD OF THE BANK OF FINLAND

Olli Rehn, Governor

Marja Nykänen, Deputy Governor

Tuomas Välimäki, Member of the Board