Landesbank Hessen-Thüringen Girozentrale - 2015 EU-wide Transparency Exercise Summary
Core Content
The document provides detailed information on the capital structure, risk exposure, and profit and loss (P&L) data for Landesbank Hessen-Thüringen Girozentrale as part of the 2015 EU-wide Transparency Exercise. It outlines the bank's compliance with the Capital Requirements Regulation (CRR) and includes data for multiple countries, including Germany, United States, France, and United Kingdom.
Capital Structure
Common Equity Tier 1 (CET1) Capital
- As of 31/12/2014: 7,212 mln EUR
- As of 30/06/2015: 7,111 mln EUR
- CET1 Capital ratio: 13.40% (31/12/2014), 12.87% (30/06/2015)
Additional Tier 1 (AT1) Capital
- As of 31/12/2014: 491 mln EUR
- As of 30/06/2015: 478 mln EUR
Tier 1 Capital
- As of 31/12/2014: 7,703 mln EUR
- As of 30/06/2015: 7,589 mln EUR
- Tier 1 Capital ratio: 14.31% (31/12/2014), 13.73% (30/06/2015)
Tier 2 Capital
- As of 31/12/2014: 2,261 mln EUR
- As of 30/06/2015: 2,304 mln EUR
- Tier 2 Capital ratio: 18.51% (31/12/2014), 17.90% (30/06/2015)
Total Risk Exposure Amount
- As of 31/12/2014: 53,821 mln EUR
- As of 30/06/2015: 55,261 mln EUR
Capital Components and Deductions
| Capital Component |
As of 31/12/2014 |
As of 30/06/2015 |
| Own Funds |
9,965 mln EUR |
9,893 mln EUR |
| Capital Instruments Eligible as CET1 Capital |
3,947 mln EUR |
3,947 mln EUR |
| Retained Earnings |
3,351 mln EUR |
3,487 mln EUR |
| Accumulated Other Comprehensive Income |
-193 mln EUR |
-218 mln EUR |
| Other Reserves |
0 mln EUR |
0 mln EUR |
| Funds for General Banking Risk |
0 mln EUR |
0 mln EUR |
| Minority Interest |
0 mln EUR |
0 mln EUR |
| Adjustments to CET1 due to Prudential Filters |
-23 mln EUR |
-41 mln EUR |
| Intangible Assets (including Goodwill) |
-157 mln EUR |
-155 mln EUR |
| Deductible DTAs that rely on future profitability |
-5 mln EUR |
-8 mln EUR |
| IRB Shortfall of Credit Risk Adjustments to Expected Losses |
-556 mln EUR |
-549 mln EUR |
| Defined Benefit Pension Fund Assets |
0 mln EUR |
0 mln EUR |
| Reciprocal Cross Holdings in CET1 Capital |
0 mln EUR |
0 mln EUR |
| Excess Deduction from AT1 Items over AT1 Capital |
0 mln EUR |
0 mln EUR |
| Deductions related to Assets which can alternatively be subject to a 1.250% risk weight |
0 mln EUR |
0 mln EUR |
| Holdings of CET1 Capital Instruments of Financial Sector Entities (Significant Investment) |
0 mln EUR |
0 mln EUR |
| Amount Exceeding the 17.65% Threshold |
0 mln EUR |
0 mln EUR |
| Other CET1 Capital Elements and Deductions |
-3 mln EUR |
0 mln EUR |
Transitional Adjustments
| Transitional Adjustment |
As of 31/12/2014 |
As of 30/06/2015 |
| Grandfathered CET1 Capital Instruments |
0 mln EUR |
0 mln EUR |
| Additional Minority Interests |
0 mln EUR |
0 mln EUR |
| Other Transitional Adjustments to CET1 Capital |
851 mln EUR |
648 mln EUR |
Risk Exposure Amounts
| Risk Exposure Type |
As of 31/12/2014 (mIn EUR) |
As of 30/06/2015 (mIn EUR) |
| Credit Risk |
45,352 |
46,238 |
| Securitisation Risk |
2,727 |
4,006 |
| Operational Risk |
4,121 |
3,703 |
| Market Risk |
3,254 |
4,132 |
| Total Risk Exposure |
53,821 |
55,261 |
Profit and Loss (P&L) Summary
| P&L Item |
As of 31/12/2014 (mln EUR) |
As of 30/06/2015 (mln EUR) |
| Interest Income |
4,744 |
2,230 |
| Interest Expenses |
3,445 |
1,570 |
| Net Fee and Commission Income |
286 |
148 |
| Gains or Losses on Financial Assets (not measured at fair value) |
17 |
21 |
| Gains or Losses on Financial Assets (held for trading) |
574 |
-42 |
| Gains or Losses on Financial Assets (designated at fair value) |
-428 |
156 |
| Gains or Losses from Hedge Accounting |
13 |
-1 |
| Net Other Operating Income/(Expenses) |
-54 |
4 |
| Total Operating Income, Net |
1,808 |
970 |
| Profit or Loss Before Tax from Continuing Operations |
586 |
307 |
| Profit or Loss After Tax from Continuing Operations |
388 |
203 |
| Profit or Loss for the Year |
388 |
203 |
Country-Specific Risk Exposure (Standardised Approach)
Germany
- Original Exposure: 412 mln EUR (31/12/2014), 584 mln EUR (30/06/2015)
- Exposure Value: 412 mln EUR (31/12/2014), 585 mln EUR (30/06/2015)
- Risk Exposure Amount: 11 mln EUR (31/12/2014), 25 mln EUR (30/06/2015)
- Value Adjustments and Provisions: 0 mln EUR (31/12/2014), 0 mln EUR (30/06/2015)
United States
- Original Exposure: 67 mln EUR (31/12/2014), 167 mln EUR (30/06/2015)
- Exposure Value: 67 mln EUR (31/12/2014), 167 mln EUR (30/06/2015)
- Risk Exposure Amount: 3 mln EUR (31/12/2014), 8 mln EUR (30/06/2015)
- Value Adjustments and Provisions: 0 mln EUR (31/12/2014), 0 mln EUR (30/06/2015)
France
- Original Exposure: 88 mln EUR (31/12/2014), 69 mln EUR (30/06/2015)
- Exposure Value: 88 mln EUR (31/12/2014), 69 mln EUR (30/06/2015)
- Risk Exposure Amount: 1 mln EUR (31/12/2014), 0 mln EUR (30/06/2015)
- Value Adjustments and Provisions: 0 mln EUR (31/12/2014), 0 mln EUR (30/06/2015)
United Kingdom
- Original Exposure: 27 mln EUR (31/12/2014), 11 mln EUR (30/06/2015)
- Exposure Value: 27 mln EUR (31/12/2014), 11 mln EUR (30/06/2015)
- Risk Exposure Amount: 0 mln EUR (31/12/2014), 0 mln EUR (30/06/2015)
- Value Adjustments and Provisions: 0 mln EUR (31/12/2014), 0 mln EUR (30/06/2015)
Key Information
- LEI Code: DIZES5CFO5K3I5R58746
- Country Code: DE (Germany)
- Total Risk Exposure Amount: Increased from 53,821 mIn EUR (31/12/2014) to 55,261 mIn EUR (30/06/2015)
- Capital Ratios: The CET1 capital ratio decreased from 13.40% to 12.87%, and the Tier 1 capital ratio decreased from 14.31% to 13.73%, while the Total Capital ratio decreased from 18.51% to 17.90%
- Risk Exposure Components: Includes credit risk, securitisation risk, market risk (foreign exchange and commodities), and operational risk
- P&L Trends: Operating income decreased from 1,808 mln EUR to 970 mln EUR, with a corresponding decline in profit after tax from 388 mln EUR to 203 mln EUR
- Standardised Approach: Provides original exposure, exposure value, risk exposure amount, and value adjustments and provisions for different countries
- Transitional Adjustments: Applied to CET1 capital, with a decrease from 851 mln EUR to 648 mln EUR
- Notes:
- Original exposure is reported before applying credit conversion factors or credit risk mitigation techniques
- Value adjustments and provisions do not include securitisation exposures
