Law 10/2014 of 26 June, establishes in its article 87, that credit institutions should publish a so-called "Annual banking report" ("Informe bancario anual") yearly, as an annex to their audited financial statements, and send it to Banco de España. In turn, Banco de España should make these reports available on their website.
This report includes the following information, on a consolidated basis and with detail provided by country:
- Name, type and geographical location of the institution.
- Turnover.
- Number of full-time employees.
- Gross profit before tax.
- Tax imposed on profit.
- Subsidies or government aid received.
Within the key indicators, the annual banking report must also contain its asset performance, which is calculated by dividing the net profit by the total balance.
Institutions that are not included in any Spanish group present the annual banking report with its individual data.
Reports received by Banco de España will be available for up to the last 10 accounting periods, sorted by the institution code, from the entry into force of Law 10/2014.
