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Municipality Finance Plc Financial Statements Bulletin 1 January – 31 December 2021

Download the 2021 financial statements bulletin 2021_Financial-Statements-Bulletin_MuniFin_SECURE-1.pdf

The Municipality Finance Group’s net operating profit excluding unrealised fair value changes amounted EUR 213 million (EUR 197 million) in 2021 and it increased by 8.0% (6.2%). The Group’s net interest income totalled EUR 280 million (EUR 254 million) and grew by 10.3% (5.8%).

Costs in the financial year amounted to EUR 72 million (EUR 58 million). Costs excluding the non-recurring item grew as expected and were EUR 2.6 million higher, making the figure 4.4% greater than in the previous year.

The net operating profit amounted to EUR 240 million (EUR 194 million). Unrealised fair value changes amounted to EUR 27 million (EUR -3 million) in the financial year.

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