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Year Highlights

Annual Report 2014 BME

6

Net profit increase of 15.2% compared to 2013.

Best year result since 2008

Solid operating leverage

164.9

+ 15.2%

2014

143.1

2013

135.5

2012

155.1

2011

154.2

2010

150.0

2009

2010

2011

2012

2013

2014

112 %

114 %

118 %

112 %

103 %

Costs

Revenues Revenues not linked to volumes

Ratio

Net profit in 2014

(€ Million)