The management of foundations of banking origin improved in 2012, after a "particularly difficult" 2011, but disbursements are down sharply (-11,6%). This was stated by Acri after the Council approved the system budget for 2012.
Last year, which closed with higher income (+24,1%) and lower charges (-44%), there was “a very positive operating result, equal to 1.069,7 million: +127,3% compared to 470,6 million in 2011”. But the approved disbursements (to which part of the operating surplus is allocated, net of costs, taxes and provisions) "did not have a proportional trend", amounting to 965,8 million, against 1.092,5 million in 2011 (-11,6%).
2012, explains Acri, was a year in which the foundations "found themselves operating in a context characterized by strong social tensions and by a still marked economic and financial instability". The entities have adopted "the prudential choice of allocating an important part (over 394 million) of the operating surplus both to strengthening the assets and to that of the Funds for future institutional activity (including the stabilization fund, to which more than 100 million had been set aside compared to 29 in 2011), from which they had drawn in previous years to maintain adequate levels of disbursements to be allocated to the territories".
In 2012, explains Acri, the total income achieved marks "significant growth (+24,1%), settling at 1.535,6 million (1.236,9 million in 2011)". It should be noted the drastic reduction of the net extraordinary component which, in 2012, amounted to almost 256,7 million, representing 16,7% of total income, while it amounted to 628,4 million in 2011 and constituted more than half of the total proceeds (50,8%)”.
