Interim Statement as at 31 March 2011 WorldReginfo - b4925112-7a85-40c1-a9e4-3e9659a61ecb WorldReginfo - b4925112-7a85-40c1-a9e4-3e9659a61ecb WorldReginfo - b4925112-7a85-40c1-a9e4-3e9659a61ecb WorldReginfo - b4925112-7a85-40c1-a9e4-3e9659a61ecb WorldReginfo - b4925112-7a85-40c1-a9e4-3e9659a61ecb 3 WorldReginfo - b4925112-7a85-40c1-a9e4-3e9659a61ecb Contents The Intesa Sanpaolo Group 7 Supervisory Board, Management Board, General Management, Manager responsible for preparing the Company’s financial reports and Independent Auditors 11 INTERIM REPORT ON OPERATIONS Introduction 15 OVERVIEW OF THE FIRST QUARTER 2011 Income statement figures and alternative performance measures 18 Balance sheet figures and alternative performance measures 19 Other alternative performance measures 20 Executive summary 23 QUARTERLY CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Consolidated financial statements Consolidated balance sheet 34 Consolidated income statement 36 Statement of consolidated comprehensive income 37 Changes in consolidated shareholders’ equity 38 Consolidated statement of cash flows 40 Explanatory Notes Accounting policies 43 Subsequent events 55 Economic results 56 Balance sheet aggregates 66 Breakdown of consolidated results by business area and geographical area 76 Risk management 104 Shareholder base, transactions with related parties and other information 121 Forecast for the year 126 Declaration of the Manager responsible for preparing the Company’s financial reports 127 Independent Auditors’ Report on the Consolidated financial statements 129 Attachments 133 Contacts 149 Financial calendar 153 5 5 WorldReginfo - b4925112-7a85-40c1-a9e4-3e9659a61ecb 11_406_0BRO_TRIM_31_03_11_UK 5 25/05/11 16.