The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Andre F. M. Mulder - Kepler Cheuvreux, Research Division - Analyst
: A few questions. First on the ING activities. As you said and also related to the question that bank99 was mostly determined by the fee business,
with a small negative for interest income. Can you fill us in on the composition of the EUR 30 million of revenues? How that has been composed
split between commissions and interest income?
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AUGUST 12, 2021 / 1:00PM, POST.VI - Q2 2021 Oesterreichische Post AG Earnings Call
Walter Oblin - +sterreichische Post AG - CFO and Deputy Chairman of the Management Board and Deputy CEO of Mail & Finance
I'm not sure which revenues you are talking about. Are you talking about the actual bank99 revenue?
Question: Andre F. M. Mulder - Kepler Cheuvreux, Research Division - Analyst
: Related question to that, you mentioned the distribution of both the mortgage and consumer loans as well as investment products. Has there
been any agreement on the continuation of these investment products with ING?
Walter Oblin - +sterreichische Post AG - CFO and Deputy Chairman of the Management Board and Deputy CEO of Mail & Finance
You mean on the asset management side, whether ING will serve as a partner on those products?
Question: Andre F. M. Mulder - Kepler Cheuvreux, Research Division - Analyst
: Okay. Then a question on Retail & Bank. Can you make any statement on what kind of negative we should expect for the full year?
Walter Oblin - +sterreichische Post AG - CFO and Deputy Chairman of the Management Board and Deputy CEO of Mail & Finance
I would expect something with a 3 and a number behind it.
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AUGUST 12, 2021 / 1:00PM, POST.VI - Q2 2021 Oesterreichische Post AG Earnings Call
Question: Andre F. M. Mulder - Kepler Cheuvreux, Research Division - Analyst
: Yes, you mentioned the volumes for the first half saying that in Eastern Europe, they amounted to EUR 25 million, for Aras, it was EUR 115 million.
But you didn't mention the volumes that you made in Austria. And then possibly, you can also mention the volumes that you made on all site, both
in Letter Mail and Direct Mail?
Walter Oblin - +sterreichische Post AG - CFO and Deputy Chairman of the Management Board and Deputy CEO of Mail & Finance
Actually, we showed the volume development on the pages 10 to 12. So Letter Mail volumes in Austria Q1 minus 6%, Q2 plus 1%, half year minus
3%. Page 10 Direct Mail, Page 11. First half total plus 2%, which is the combination of minus 8% in Q1, and plus 14% in Q2 and on Parcel plus 20%
in Austria with the distribution that you see on Page 12.
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