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 | | "La Caixa" Group securities portfolio, managed by CaixaHolding, is one of the largest in Spain's financial system with a market value of listed company shares of 2,400 billion pesetas on March 31, 2001 and unrealized capital gains of 818 billion pesetas, representing half of their book value. |
 | | These figures show the strength of "la Caixa" Group's ability to generate recurring profits from its banking business and securities portfolio and, as a result, allow for a conservative policy in terms of provisions and write-downs. |
 | | Net income came to 44.4 billion pesetas, of which 37.4 billion pesetas (225 million euros) is attributable to "la Caixa" Group, an increase of 14.9% and representing an ROE of 16.3%. |
| www.premsacaixa.com /Print_Note/1,1276,3-9,00.html (1778 words) |
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