Morgan Stanley B.V. announced audited earnings results for the year ended December 31, 2012. For the year, the company announced net loss on financial instruments classified as held for trading of EUR 81,202,000 compared to EUR 538,848,000 for the same period a year ago. Interest income was EUR 20,033,000 compared to EUR 408,000 for the same period a year ago. Profit before income tax was EUR 4,875,000 compared to EUR 4,020,000 for the same period a year ago. Profit and total comprehensive income for the year was EUR 3,679,000 compared to EUR 3,026,000 for the same period a year ago. Net cash flows generated from operating activities were EUR 158,000 compared to EUR 14,459,000 for the same period a year ago.

Morgan Stanley B.V. announced that no dividend were paid during the full year of 2012. A final dividend for the year ended December 31, 2012 of €13,175,000 and interim dividend for the year ended December 31, 2011 of €1,222,000 were paid during the prior year.

Morgan Stanley B.V. reported unaudited consolidated earnings results for the six months ended June 30, 2012. For the period, the company reported interest income of EUR 6,973,000 compared to EUR 212,000 a year ago. Profit before income tax was EUR 2,257,000 compared to EUR 1,775,000 a year ago. Profit and total comprehensive income for the period was EUR 1,693,000 compared to EUR 1,322,000 a year ago. Net cash flows from operating activities were EUR 5,780,000 compared to EUR 13,731,000 a year ago. The Company made a profit before income tax of 2,257,000 in the six months ended 30 June 2012, an increase of 482,000 from the six months ended 30 June 2011. The movement relates to an increase in other income which represents management charges received from other Morgan Stanley Group undertakings. The increase in other income is due to a higher level of Structured Notes in issuance during the current period, on which management charges are received.