The financial statements of SBS

Income statement, balance sheet and cash flow, by quarter and by year. Unit: VND billion, unless a line states otherwise.

Item	2025	2024
1.1. Gains from financial assets at fair value through profit or loss (FVTPL)	12.2	2.8
a. Realised gains on disposals of FVTPL financial assets	11.6	1.4
b. Gains from revaluation of FVTPL financial assets	—	1.4
c. Dividends and interest income from FVTPL financial assets	0.6	0.1
1.3. Interest income from loans and receivables	58.4	73.3
1.6. Revenue from brokerage services	66.1	42.4
1.8. Revenue from investment advisory services	0.1	2.7
1.10. Revenue from securities custody services	2.2	2.1
1.11. Other revenue	0.6	1.3
Revenue from securities business (01->11)	139.5	124.7
Net sales	139.5	124.7
2.1. Loss from financial assets at fair value through profit or loss (FVTPL)	45.6	34.1
a. Loss from disposals of financial assets at FVTPL	57.3	20.0
b. Loss from revaluation of financial assets at FVTPL	-11.7	14.1
2.7. Expenses for brokerage services	42.5	36.3
2.11. Expenses for secutiries custodian services	3.2	2.8
2.12. Other expenses	1.3	0.5
Operating expenses (21->33)	92.6	73.8
Gross profit	46.9	50.9
3.2. Dividends, interest income from demand deposits	2.9	2.7
Total financial income (41->44)	2.9	2.7
4.2. Borrowing costs	23.4	37.9
Total financial expenses (51->54)	23.4	37.9
VI. General and Administrative expenses	73.2	89.1
VII. Net profit from securities business (20+50-40-60-61-62)	-46.8	-73.4
8.1. Other incomes	10.0	0.0
8.2. Other expenses	1.5	—
Other profit (71-72)	8.4	0.0
IX. Profit before tax (70+80)	-38.4	-73.4
9.1. Realised profit	-50.1	-60.7
9.2. Unrealised profit	11.7	-12.7
CORPORATE INCOME TAX	2.3	-2.5
10.2. Deferred income tax expenses	2.3	-2.5
XI. Net profit after tax (90-100)	-40.7	-70.9
11.1. Profit after tax for shareholders of the parents company	-40.7	-70.9
Total other comprehensive income	232.5	—
13.1. Earning per share VND per share	-278.00	-483.00
Earnings per Share VND per share	-253.42	-441.07

Item	2025	2024
A. SHORT-TERM ASSETS (100=110+130)	607.4	477.3
Short-term financial assets	604.2	474.2
1. Cash and cash equivalents	71.6	47.2
1.1. Cash	71.6	47.2
2. Financial assets at fair value through profit or loss (FVTPL)	23.9	135.8
4. Loans	501.8	286.8
7. Short-term receivables	4.6	4.4
7.2. Receivables and accruals from dividends and interest income	4.6	4.4
7.2.1. Due dividend and interest receivables	4.6	4.4
Prepayments to suppliers	2.2	0.0
9. Service related receivable	0.1	0.1
12. Other receivables	0.0	—
II. Other short-term assets	3.1	3.1
1. Advances	0.1	0.0
3. Short-term prepayments	0.9	0.6
4. Pledged assets, mortgages, security deposits in short term	0.8	1.0
Taxes and other receivables from state authorities	1.3	1.3
B. LONG-TERM ASSETS (200=210+220+240+250-260)	26.8	30.3
II. Fixed assets	5.7	6.9
1. Tangible fixed assets	4.9	5.7
- Cost	22.4	21.9
- Accumulated depreciation	-17.5	-16.2
3. Intangible fixed assets	0.8	1.3
- Cost	20.4	22.9
- Accumulated depreciation	-19.6	-21.7
V. Other long-term assets	21.1	23.4
2. Long-term prepayments	0.9	0.8
3. Deferred income tax assets	0.2	2.6
4. Payment for Settlement Assistance Fund	20.0	20.0
TOTAL ASSETS (270=100+200)	634.2	507.6
A. LIABILITIES (300=310+340)	401.7	234.4
I. Short -term liabilities	401.7	234.4
6. Payables to securities trading activities	0.9	0.7
9. Advances from customers	0.5	0.4
10. Taxes and other payables to state authorities	1.1	2.2
11. Payable to employees	14.9	11.1
13. Accrued expenses	2.3	5.0
17. Other payables	381.6	214.7
19. Bonus and welfare fund	0.4	0.4
II. Long-term liabilities	0.1	0.1
B. OWNER'S EQUITY (400=410+420)	232.5	273.2
I. Owner's equity	232.5	273.2
1. Investment capital from owners	1,606.4	1,606.4
1.1. Capital from owners	1,466.1	1,466.1
a. Common stock VND per share	1,466,076,000,000.00	1,466,076,000,000.00
1.2. Share premium	140.3	140.3
4. Supplementary capital reserve	44.6	44.6
7. Undistributed earnings after tax	-1,483.0	-1,442.3
7.1. Realised profits	-1,482.1	-1,432.1
7.2. Unrealised losses	-0.9	-10.2
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400)	634.2	507.6

Item	2025	2024
1. Profit before tax	-38.4	-73.4
2. Adjustments for	23.6	38.0
- Depreciation and amortization	3.1	2.9
- Loss/(profits) from other investing activities	-2.9	-2.7
- Interest expense	23.4	37.9
3. Add non-cash expenses	-11.7	14.1
- Loss from revaluation losses of FVTPL financial assets	-11.7	14.1
4. Less non-cash income	—	-1.4
- Gains from revaluation gains of FVTPL financial assets	—	-1.4
5. Changes of assets and liabilities	-91.4	83.8
- Increase/decrease in FVTPL financial assets	123.6	-147.4
- Increase/decrease in loan	-215.0	231.2
6. Operating profit before changes in working capital	-117.8	61.2
Increase/decrease in receiables sale of financial assets	—	75.5
Increase/decrease in receiables interest of financial assets	-0.2	0.0
Increase/decrease in service related receivables	-0.1	0.1
Increases/decreases in other receivables	-2.2	—
Increase/decrease in other assets	0.1	0.3
- Increase/(decrease) in payables (other than interest, corporate income tax)	-2.6	3.4
- (Increase)/decrease in prepaid expenses	-0.4	-0.1
- Interest paid	-23.5	-38.3
Increases/decreaese in trade payables	0.4	-0.7
Increases/decreases in employee welfare payables	—	-0.0
Increases/decreases in tax and other payables to the State Budget	-1.1	-0.0
Increases/dcreases in payable to employees	3.8	11.1
Increases/dcreases in other payables	166.9	-90.6
- Other payments for operating activities	0.2	—
Net cash flows from securities trading activities	23.5	22.1
1. Payment for fixed assets, constructions and other long-term assets	-2.0	-1.5
2. Proceeds from disposals of fixed assets and other long-term assets	0.0	—
7. Dividends, interest and profit received	2.9	2.7
Net cash flows from investing activities	1.0	1.2
IV. Net cash flows during the period	24.5	23.3
V. Cash and cash equivalents at begingning of the period	47.2	23.9
Cash at bank	47.2	23.9
- Cash at bank for securities company activities	47.2	23.8
Cash and cash equivalents at end of period	71.6	47.2
Cash at bank	71.6	47.2
- Cash at bank for securities company activities	71.6	47.2
- Cash equivalents	—	47.2
1. Proceeds from sale of brokerage securities to customers	45,361.6	26,298.1
2. Money spent on buying brokerage securities for customers	-43,598.7	-25,807.3
9. Receive deposits to pay for securities transactions of customers	6,588.2	5,113.2
11. Payment for customers' securities transactions	-8,417.8	-5,661.0
14. Payment of customers' securities depository fees	-2.2	-2.1
17. Proceeds from Securities Issuers	103.3	111.8
18. Payments to Securities Issuers	-38.7	-111.8
Increase / decrease of net money during the period	-4.3	-59.2
II. Cash and cash equivalents at the beginning of the period of the customer	317.5	376.7
Cash at bank	317.5	376.7
-Deposits of investors on securities transactions under the Securities Company management method	286.7	312.8
-Securities clearing and settlement deposits	30.8	63.9
III. Cash and cash equivalents at the end of the period of the customer	313.1	317.5
Cash at bank	313.1	317.5
-Deposits of investors on securities transactions under the Securities Company management method	246.0	286.7
-Securities clearing and settlement deposits	67.1	30.8

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
1.1. Gains from financial assets at fair value through profit or loss (FVTPL)	2.2	0.5	2.1	6.3	2.1	0.3	1.4	0.7	0.2	0.8
a. Realised gains on disposals of FVTPL financial assets	1.1	0.5	1.5	6.3	2.1	0.3	1.4	0.7	0.1	0.8
c. Dividends and interest income from FVTPL financial assets	1.1	0.0	0.6	—	0.0	—	0.0	—	0.1	—
1.6. Revenue from brokerage services	11.3	14.7	15.9	30.3	11.4	8.7	7.7	8.8	13.0	12.9
1.8. Revenue from investment advisory services	4.3	—	0.1	—	0.0	—	0.0	1.5	0.5	0.7
1.10. Revenue from securities custody services	0.9	0.3	0.5	0.7	0.5	0.5	0.5	0.6	0.6	0.4
1.11. Other revenue	18.4	17.8	15.8	24.2	10.6	8.3	17.1	19.5	19.7	18.3
Revenue from securities business (01->11)	37.2	33.3	34.4	61.6	24.6	17.8	26.9	31.0	33.9	33.2
Net sales	37.2	33.3	34.4	61.6	24.6	17.8	26.9	31.0	33.9	33.2
2.1. Loss from financial assets at fair value through profit or loss (FVTPL)	-0.8	3.3	3.4	1.9	4.5	34.4	4.9	9.7	-1.2	21.0
a. Loss from disposals of financial assets at FVTPL	2.1	0.8	3.7	2.5	19.5	31.6	4.7	6.8	8.2	0.6
b. Loss from revaluation of financial assets at FVTPL	-2.9	2.5	-0.3	-0.5	-15.0	2.8	0.1	2.9	-9.4	20.4
2.7. Expenses for brokerage services	4.6	5.7	6.2	13.7	4.2	3.6	2.4	3.5	5.8	6.0
2.9. Expenses for financial advisory services	—	—	—	—	—	—	0.7	0.7	0.7	0.7
2.11. Expenses for secutiries custodian services	0.7	0.7	0.7	0.8	0.8	0.8	—	—	—	—
2.12. Other expenses	6.3	3.2	7.4	3.3	2.7	2.7	4.6	3.0	2.9	4.5
Operating expenses (21->33)	10.8	13.0	17.7	19.8	12.2	41.5	12.6	17.0	8.2	32.1
Gross profit	26.4	20.3	16.7	41.8	12.4	-23.7	14.3	14.1	25.7	1.1
3.2. Dividends, interest income from demand deposits	0.6	1.3	0.6	0.0	1.0	1.2	0.0	0.1	0.3	2.3
Total financial income (41->44)	0.6	1.3	0.6	0.0	1.0	1.2	0.0	0.1	0.3	2.3
4.2. Borrowing costs	11.5	9.0	10.2	8.1	2.9	2.2	9.7	8.7	10.1	9.4
Total financial expenses (51->54)	11.5	9.0	10.2	8.1	2.9	2.2	9.7	8.7	10.1	9.4
VI. General and Administrative expenses	16.4	18.7	29.8	31.4	12.9	16.2	27.5	16.0	18.8	31.6
VII. Net profit from securities business (20+50-40-60-61-62)	-0.8	-6.1	-22.8	2.3	-2.4	-40.9	-23.0	-10.5	-2.8	-37.6
8.1. Other incomes	44.4	0.4	0.0	10.0	0.0	0.0	0.0	0.0	0.0	0.0
8.2. Other expenses	—	0.1	—	—	0.0	1.5	—	—	—	—
Other profit (71-72)	44.4	0.3	0.0	10.0	-0.0	-1.5	0.0	0.0	0.0	0.0
IX. Profit before tax (70+80)	43.6	-5.8	-22.8	12.3	-2.5	-42.4	-23.0	-10.5	-2.8	-37.6
9.1. Realised profit	43.6	—	—	—	—	—	—	—	—	—
CORPORATE INCOME TAX	0.7	-0.5	-0.1	—	2.4	2.6	-2.6	—	—	—
10.2. Deferred income tax expenses	0.7	-0.5	-0.1	—	2.4	2.6	-2.6	—	—	—
XI. Net profit after tax (90-100)	42.8	-5.3	-22.7	12.3	-4.9	-45.0	-20.4	-10.5	-2.8	-37.6
11.1. Profit after tax for shareholders of the parents company	42.8	-5.3	-22.7	12.3	-4.9	-45.0	-20.4	-10.5	-2.8	-37.6
Earnings per Share VND per share	266.49	-32.81	-141.16	76.45	-30.52	-280.12	-127.23	-65.47	-17.66	-234.01

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
A. SHORT-TERM ASSETS (100=110+130)	633.3	493.2	609.6	494.5	507.8	259.7	477.6	596.7	710.6	554.9
Short-term financial assets	629.1	487.6	604.2	488.5	502.1	254.8	474.4	592.4	706.5	551.0
1. Cash and cash equivalents	66.6	117.2	71.6	5.7	54.2	5.0	47.2	5.7	4.4	16.1
1.1. Cash	66.6	117.2	71.6	5.7	54.2	5.0	47.2	5.7	4.4	16.1
2. Financial assets at fair value through profit or loss (FVTPL)	78.2	27.6	23.9	29.5	28.6	50.1	135.8	75.9	97.7	107.3
4. Loans	435.1	278.0	501.8	389.0	415.7	139.6	286.8	443.2	621.2	440.4
6. Provisions for impairment loss of financial assets and mortgages	—	—	—	—	—	-0.0	—	-20.3	-21.7	-19.9
7. Short-term receivables	4.5	5.2	4.7	6.7	3.5	2.4	4.5	7.8	4.0	7.1
7.1. Receivables from disposal of financial assets	—	—	—	—	—	—	—	0.1	0.2	0.0
7.2. Receivables and accruals from dividends and interest income	4.5	5.2	4.7	6.7	3.5	2.4	4.5	7.7	3.8	7.0
7.2.1. Due dividend and interest receivables	4.5	5.2	4.7	6.7	3.5	2.4	4.5	—	3.8	7.0
7.2.2. Undue dividend and interest receivables	—	—	—	—	—	—	—	7.7	—	—
Prepayments to suppliers	0.5	2.7	2.2	0.7	0.2	0.9	0.1	0.2	0.9	0.2
12. Other receivables	44.2	56.9	0.0	—	—	56.9	—	80.0	—	—
II. Other short-term assets	4.2	5.7	5.4	6.0	5.7	4.9	3.2	4.4	4.1	3.9
1. Advances	0.2	0.6	0.1	1.7	1.0	1.0	0.0	1.0	0.4	0.5
3. Short-term prepayments	1.7	1.4	1.8	1.8	2.2	1.7	0.7	0.9	1.2	1.0
4. Pledged assets, mortgages, security deposits in short term	0.8	0.8	0.8	1.0	1.0	0.7	1.0	1.0	1.0	1.0
Taxes and other receivables from state authorities	1.3	2.7	2.7	1.3	1.3	1.3	1.3	1.3	1.3	1.3
B. LONG-TERM ASSETS (200=210+220+240+250-260)	26.5	25.6	25.9	26.4	27.1	26.3	29.5	27.6	26.9	27.6
II. Fixed assets	6.5	4.8	5.7	6.2	7.0	6.3	6.9	7.6	6.9	7.6
1. Tangible fixed assets	5.9	4.2	4.9	5.4	6.0	5.2	5.7	6.3	5.4	5.9
- Cost	24.1	21.5	—	—	—	—	—	—	—	—
- Accumulated depreciation	-18.2	-17.3	—	—	—	—	—	—	—	—
3. Intangible fixed assets	0.6	0.7	0.8	0.9	1.0	1.1	1.3	1.4	1.5	1.6
- Cost	20.4	20.4	—	—	—	—	—	—	—	—
- Accumulated depreciation	-19.9	-19.8	—	—	—	—	—	—	—	—
V. Other long-term assets	20.0	20.7	20.2	20.1	20.1	20.0	22.6	20.0	20.0	20.0
3. Deferred income tax assets	-0.0	0.7	0.2	0.1	0.1	—	2.6	—	—	—
4. Payment for Settlement Assistance Fund	20.0	20.0	20.0	20.0	20.0	20.0	20.0	20.0	20.0	20.0
TOTAL ASSETS (270=100+200)	659.8	518.8	635.6	520.9	534.9	286.0	507.1	624.4	737.5	582.5
A. LIABILITIES (300=310+340)	389.8	291.6	403.1	282.7	309.3	57.9	234.6	331.6	434.2	276.4
I. Short -term liabilities	389.7	291.6	403.1	282.7	309.2	57.8	234.5	331.6	434.1	276.3
6. Payables to securities trading activities	0.5	1.1	0.7	1.4	0.6	0.5	0.4	0.4	0.7	0.9
9. Advances from customers	0.5	0.5	0.5	0.5	0.5	0.4	0.4	0.4	0.8	0.7
10. Taxes and other payables to state authorities	2.8	4.3	2.5	4.5	2.2	1.8	2.2	1.6	2.0	2.4
11. Payable to employees	3.3	3.7	14.9	2.4	1.9	2.3	11.1	2.9	3.0	3.0
12. Employee welfare payables	—	—	—	—	—	—	—	0.0	0.0	0.0
13. Accrued expenses	1.9	3.7	2.5	18.9	1.3	1.7	5.3	3.3	3.0	3.4
17. Other payables	380.3	278.0	381.6	254.5	302.3	50.7	214.7	322.6	424.3	265.6
19. Bonus and welfare fund	0.4	0.4	0.4	0.4	0.4	0.4	0.4	0.4	0.4	0.4
II. Long-term liabilities	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
B. OWNER'S EQUITY (400=410+420)	270.0	227.2	232.5	238.1	225.7	228.2	272.5	292.8	303.3	306.1
I. Owner's equity	270.0	227.2	232.5	238.1	225.7	228.2	272.5	292.8	303.3	306.1
1. Investment capital from owners	1,606.4	1,606.4	1,606.4	1,606.4	1,606.4	1,606.4	1,606.4	1,606.4	1,606.4	1,606.4
1.1. Capital from owners	1,466.1	1,466.1	1,466.1	1,466.1	1,466.1	1,466.1	1,466.1	1,466.1	1,466.1	1,466.1
a. Common stock VND per share	1,466,076,000,000.00	1,466,076,000,000.00	1,466,076,000,000.00	1,466,076,000,000.00	1,466,076,000,000.00	1,466,076,000,000.00	1,466,076,000,000.00	1,466,076,000,000.00	1,466,076,000,000.00	1,466,076,000,000.00
1.2. Share premium	140.3	140.3	140.3	140.3	140.3	140.3	140.3	140.3	140.3	140.3
4. Supplementary capital reserve	49.6	49.6	49.6	49.6	49.6	49.6	105.1	105.1	105.1	105.1
7. Undistributed earnings after tax	-1,445.5	-1,488.3	-1,483.0	-1,477.3	-1,489.8	-1,487.3	-1,443.0	-1,422.7	-1,412.2	-1,409.3
7.1. Realised profits	-1,445.6	-1,484.7	-1,454.7	-1,454.7	-1,454.7	-1,454.7	-1,443.0	-1,422.7	-1,412.2	-1,409.3
7.2. Unrealised losses	0.1	-3.6	-28.3	-22.6	-35.1	-32.6	—	—	—	—
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400)	659.8	518.8	635.6	520.9	534.9	286.0	507.1	624.4	737.5	582.5

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
1. Profit before tax	—	6.5	—	-44.9	—	-32.7	—	-40.7	—
2. Adjustments for	—	19.2	—	4.4	—	18.0	—	20.0	—
- Depreciation and amortization	—	1.6	—	1.5	—	1.5	—	1.4	—
- (Reversal of provisions)/provisions	—	—	—	—	—	—	—	1.7	—
- Loss/(profits) from other investing activities	—	-0.7	—	-2.2	—	-0.1	—	-2.6	—
- Interest expense	—	18.3	—	5.1	—	18.4	—	19.5	—
3. Add non-cash expenses	—	-13.6	—	2.0	—	4.8	—	9.3	—
- Loss from revaluation losses of FVTPL financial assets	—	-13.6	—	2.0	—	4.8	—	9.3	—
4. Less non-cash income	—	—	—	-14.2	—	-1.4	—	-0.0	—
- Gains from revaluation gains of FVTPL financial assets	—	—	—	-14.2	—	-1.4	—	-0.0	—
5. Changes of assets and liabilities	—	-82.0	—	-9.4	—	272.9	—	-189.0	—
- Increase/decrease in FVTPL financial assets	—	4.2	—	119.4	—	-41.5	—	-105.9	—
- Increase/decrease in loan	—	-86.1	—	-128.8	—	314.4	—	-83.2	—
6. Operating profit before changes in working capital	—	-55.7	—	-62.1	—	261.7	—	-200.5	—
Increase/decrease in receiables sale of financial assets	—	—	—	—	—	75.5	—	—	—
Increase/decrease in receiables interest of financial assets	—	-1.3	—	1.1	—	-76.2	—	76.2	—
Increase/decrease in service related receivables	—	0.0	—	-0.1	—	0.1	—	—	—
Increases/decreases in other receivables	—	-2.0	—	-0.2	—	—	—	-0.1	—
Increase/decrease in other assets	—	1.0	—	-1.0	—	0.4	—	-0.1	—
- Increase/(decrease) in payables (other than interest, corporate income tax)	—	1.0	—	-3.6	—	2.1	—	1.2	—
- (Increase)/decrease in prepaid expenses	—	0.6	—	-1.0	—	-0.2	—	0.0	—
- Interest paid	—	-18.2	—	-5.4	—	-18.3	—	-20.0	—
Increases/decreaese in trade payables	—	0.1	—	0.3	—	-0.1	—	-0.6	—
Increases/decreases in employee welfare payables	—	—	—	0.0	—	-0.0	—	0.0	—
Increases/decreases in tax and other payables to the State Budget	—	-1.1	—	0.0	—	0.2	—	-0.2	—
Increases/dcreases in payable to employees	—	12.9	—	-9.1	—	8.1	—	3.0	—
Increases/dcreases in other payables	—	79.3	—	87.5	—	-209.6	—	119.0	—
- Other receipts from operating activities	193.1	—	810.7	—	184.3	—	99.0	243.6	211.4
- Other payments for operating activities	-114.6	965.4	-965.2	194.2	-194.2	—	-78.5	-236.6	-190.8
Net cash flows from securities trading activities	45.6	64.9	-47.8	48.6	-42.2	40.3	3.8	-2.6	-7.8
1. Payment for fixed assets, constructions and other long-term assets	—	-0.4	—	-1.6	—	-1.5	—	0.0	-0.0
2. Proceeds from disposals of fixed assets and other long-term assets	—	0.0	—	—	—	—	—	—	—
7. Dividends, interest and profit received	—	0.7	—	2.3	—	0.1	—	2.6	—
Net cash flows from investing activities	—	0.3	—	0.7	—	-1.4	—	2.6	-0.0
IV. Net cash flows during the period	45.6	65.9	-48.5	49.2	-42.2	41.5	1.2	0.0	-7.8
V. Cash and cash equivalents at begingning of the period	71.6	5.7	54.2	5.0	47.2	5.7	4.4	16.1	23.9
Cash and cash equivalents at end of period	117.2	71.6	5.7	54.2	5.0	47.2	5.7	4.4	16.1
1. Proceeds from sale of brokerage securities to customers	—	32,540.4	—	12,821.2	—	19,100.5	—	2,453.1	4,744.5
2. Money spent on buying brokerage securities for customers	—	-32,116.4	—	-11,482.3	—	-18,834.6	—	-2,385.9	-4,586.8
9. Receive deposits to pay for securities transactions of customers	—	3,977.4	—	2,610.8	—	-5,872.0	—	10,985.2	—
11. Payment for customers' securities transactions	—	-4,478.9	—	-3,938.9	—	5,459.1	—	-11,120.2	—
14. Payment of customers' securities depository fees	—	-1.2	—	-0.9	—	-0.7	—	-1.4	—
17. Proceeds from Securities Issuers	—	52.3	—	51.0	—	59.4	—	52.5	—
18. Payments to Securities Issuers	—	12.2	—	-51.0	—	-111.8	—	—	—
Increase / decrease of net money during the period	—	-14.3	—	10.0	—	-200.2	—	-16.7	157.7
II. Cash and cash equivalents at the beginning of the period of the customer	—	317.5	—	317.5	—	376.7	—	534.4	376.7
III. Cash and cash equivalents at the end of the period of the customer	—	313.1	—	327.4	—	317.5	—	517.7	534.4

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