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2007 results of Rabobank Group as a whole and of the different core business in a nutshell.
Net profit target achieved; continued financial soundness
Income up 14%. Operating expenses up 12%. Value adjustments at 22 basis points. Income tax up 5%. Net profit up 14%.
Income up 4%. Operating expenses down 1%. Value adjustments at 6 basis points. Net profit up 24%, RAROC 15.1%.
Income down 3%. Operating expenses up 8%. Value adjustments at 63 basis points. Net profit down 43%; RAROC 8.4%.