( a ) to recall the three interim quarterly distributions already paid to the NCBs during the year amounting to Euros 533 million in total ( b ) to withhold the final quarterly interim distribution of Euros 165 million .

And during harvest, put it back with interest, food interest.

Foreign currency loans , securities and deposits outflows ( ) Principal Interest inflows ( ) Principal Interest 2 .

Foreign currency loans , securities and deposits outflows ( ) principal interest inflows ( ) principal interest

Foreign currency loans , securities and deposits outflows ( ) Principal Interest inflows ( ) Principal Interest

b. Legal nature

c. Interest terms

Interest compensation 5.3.6 .

bonds .

Foreign currency loans , securities and deposits outflows ( ) Principal Interest inflows ( ) Principal Interest 2 .

interest payments started to decline only in 1997 .

Interest income on foreign reserve assets This item includes interest income , net of interest expense , in respect of the assets and liabilities denominated in foreign currency , as follows 2003 Euros Interest on current accounts Money market deposit income Reverse repurchase agreements Net income on securities 2002 Euros Change Euros

This item includes interest income , net of interest expense , in respect of the assets and liabilities denominated in foreign currency , and net interest income on balances arising from TARGET and in respect of other assets and liabilities denominated in euro .

This item includes interest income , net of interest expense , in respect of the assets and liabilities denominated in foreign currency and net interest income on balances arising from TARGET and in respect of assets and liabilities denominated in euro .

The deposits are remunerated at a pre specified interest rate .

Interest payable 1A .

Data on accrued interest

Interest payable 1C .

189,726 50,533,383 Interest income on foreign reserve assets ( net ) 541,294,375

Profit and Loss Account of the ECB from 1 June to 31 December 1998 Euros Interest income Interest expenses Net interest income 97,851,703.59 ( 2,683,980.29 ) 95,167,723.30

The ECB may alternatively publish exact euro amounts , or amounts rounded in a different manner . The breakdown between income and expense may alternatively be provided in the explanatory notes to the annual accounts .

The breakdown between income and expense may alternatively be provided in the explanatory notes to the annual accounts .

The breakdown between income and expense may alternatively be provided in the explanatory notes to the annual accounts .

Interest income on foreign reserve assets is disclosed net of interest expense on foreign reserve liabilities as follows 2001 Euros Gross interest income on foreign reserve assets 2000 Euros

Interest including settlements under swaps and forward rate agreements 1C .

Interest expense Net interest income

( 32,020 ) ( 11,947,990 ) ( 32,960 )

Interest on liabilities covers interest on loans , on deposits , and on other claims and interest related to the use of IMF credit and loans form the IMF .

In 2005 this remuneration resulted in an interest expense of Euros 710 million , compared with net interest income of Euros 889 million earned on the foreign reserve assets .

EN

Term deposits subject to withholding tax

Income on debt ( interest ) 2.2 .

Income on debt ( interest ) 2.2.2.1 .

Interest income

Income on debt ( interest ) extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra extra national national national national national extra extra extra extra extra extra extra extra extra extra extra extra extra 2.2 .

Income on equity Income on debt ( interest ) 2.2.2.1 .

Interest payable as reported under the excessive deficit procedure .

Interest expense on foreign reserve liabilities ( 144,262,865 ) ( 227,575,627 ) Interest income on foreign reserve assets ( net ) 1,707,431,459 2,507,164,892 The decrease in net interest income compared with 2000 is primarily due to lower net interest income from assets denominated in US dollars .

In 2004 this remuneration resulted in an interest expense of some Euros 693 million , compared with net interest income of Euros 422 million earned on the foreign reserve assets .

In 2003 this remuneration resulted in an interest expense of some Euros 808 million , compared with net interest income of Euros 541 million earned on the foreign reserve assets .

In 2000 the ECB received the sums due in respect of capital and interest on outstanding

accrued interest receivable on loans Accrued interest on loans refers to interest that is receivable on the balance sheet reporting date , but which is not due to be received until a future date ( i.e. until after that reporting date ) .

1 , plus interest payable 1A .

22 , plus interest payable 1A .

EDP interest payable 1A .