On-demand Business Performance
They are appearing all the business results of listed companies and financial institutions. The big Spanish banks and their profits have declined significantly, a 4 percent Santander 10 percent of BBVA, between one and another was the Caixa; more pronounced was the fall of Caja Madrid. Of course, we’re talking about 500 million profit in the case of Madrid and 4,000 million in the bank Santander, which is certainly insulting.
In that child benefit has influenced you the most money has been allocated to provisions for arrears under all entities declared in these times. And they are not wrong. Entities such as Unicaja or Cajasol has increased significantly the result, curiously. In many cases, you enter more than usual, but also increase costs more, which I can not understand. What I mean by this to go from one place to another is that managers can take the result as they please.
Certainly they give is guidance, but could have been much lower or possibly higher. Interestingly strongly influenced by the image policy when giving a figure or another. And wonder if managers can do this. And of course they answer yes. Just ask the auditors, who know web accounts.