2000 was by all means a successful year for Patria Finance Group. Consolidated financial results, prepared in accordance with IAS and audited by PricewaterhauseCoopers, show total revenues of the Group amounting to CZK 486.802m and net profit equal to CZK 110.608m. Average return on equity reached 27,42 %.
Patria Finance Group maintained also in the last year its leading position among subjects operating on the Czech capital market.
Patria Finance has been present in the Czech Republic since 1994. Its activities include brokerage and sales, capital market transactions, corporate finance, M&A advisory, consulting services in order to increase value of financial assets (portfolio), management advisory and economic research. Patria Finance Group includes Patria Online, a 100%-owned daughter company running one of most popular financial servers in the Czech Republic, www.patria.cz.
Since the last fall, Patria Finance Group has been a member of KBC Bank and Insurance Group of Belgium that also owns CSOB.
Martin Kupka
Patria Finance