2018 EU-wide Transparency Exercise Summary - Sydbank
Core Content Overview
The document provides detailed financial transparency data for Sydbank as part of the 2018 EU-wide Transparency Exercise, including information on capital structure, leverage ratios, risk exposure amounts, profit and loss (P&L), and credit risk under both Standardised Approach (SA) and Internal Ratings-Based (IRB) methods.
Key Financial Indicators
Own Funds - Transitional Period
| Item |
As of 31/12/2017 (min EUR) |
As of 30/06/2018 (min EUR) |
| A.1.1 |
-17 |
-102 |
| A.1.2 |
1,445 |
1,338 |
| A.1.3 |
13 |
13 |
| A.1.4 |
57 |
57 |
| A.1.5 |
0 |
0 |
| A.1.6 |
0 |
0 |
| A.1.7 |
-8 |
-8 |
| A.1.8 |
-33 |
-32 |
| A.1.9 |
-3 |
-3 |
| A.1.10 |
0 |
0 |
| A.1.11 |
0 |
0 |
| A.1.12 |
0 |
0 |
| A.1.13 |
-88 |
-85 |
| A.1.14 |
0 |
0 |
| A.1.15 |
0 |
0 |
| A.1.16 |
0 |
0 |
| A.1.17 |
0 |
0 |
| A.1.18 |
0 |
0 |
| A.1.19 |
0 |
22 |
| A.1.20 |
0 |
0 |
| A.1.21 |
0 |
0 |
| A.1.21.1 |
0 |
0 |
| A.1.21.2 |
0 |
0 |
| A.1.21.3 |
0 |
0 |
| A.2 |
38 |
130 |
| A.3 |
1,403 |
1,331 |
| A.4 |
241 |
247 |
Capital Ratios (Transitional Period)
- Common Equity Tier 1 (CET1) Ratio: 17.26% (31/12/2017) to 15.51% (30/06/2018)
- Tier 1 Capital Ratio: 17.74% (31/12/2017) to 17.19% (30/06/2018)
- Total Capital Ratio: 20.78% (31/12/2017) to 20.38% (30/06/2018)
Leverage Ratio
- Tier 1 capital - transitional definition: 1,403 mln EUR (31/12/2017) to 1,331 mln EUR (30/06/2018)
- Leverage ratio (transitional definition): 6.9% (31/12/2017) to 6.6% (30/06/2018)
- Leverage ratio (fully phased-in definition): 6.7% (31/12/2017) to 6.4% (30/06/2018)
Risk Exposure Amounts
| Risk Type |
As of 31/12/2017 (min EUR) |
As of 30/06/2018 (min EUR) |
| Credit Risk |
5,863 |
5,562 |
| Market Risk |
838 |
1,015 |
| Total Risk Exposure Amount |
7,910 |
7,746 |
Profit and Loss (P&L)
| Item |
As of 31/12/2017 (mln EUR) |
As of 30/06/2018 (mln EUR) |
| Interest Income |
350 |
180 |
| Interest Expenses |
173 |
31 |
| Dividend Income |
29 |
18 |
| Net Fee and Commission Income |
235 |
119 |
| Gains or (-) Losses on Financial Assets at Fair Value through Profit or Loss |
19 |
29 |
| Gains or (-) Losses from Hedge Accounting |
1 |
-2 |
| Exchange Differences |
-23 |
17 |
| Net Other Operating Income/(Expenses) |
-1 |
0 |
| Total Operating Income, Net |
617 |
290 |
| Administrative Expenses |
341 |
183 |
| Depreciation |
14 |
6 |
| Profit or (-) Loss Before Tax from Continuing Operations |
263 |
109 |
| Profit or (-) Loss After Tax from Continuing Operations |
206 |
90 |
Credit Risk - Standardised Approach
| Item |
As of 31/12/2017 (mln EUR) |
As of 30/06/2018 (mln EUR) |
| Central Governments or Central Banks |
1,002 |
987 |
| Regional Governments or Local Authorities |
120 |
35 |
| Corporates |
82 |
64 |
| Retail |
133 |
140 |
| Equity |
180 |
197 |
| Other Exposures |
290 |
279 |
| Standardised Total |
3,399 |
2,947 |
Credit Risk - IRB Approach
| Item |
As of 31/12/2017 (mln EUR) |
As of 30/06/2018 (mln EUR) |
| Corporates |
13,358 |
13,354 |
| Corporates - SME |
6,612 |
6,485 |
| Retail |
4,148 |
3,945 |
| Retail - Secured on Real Estate Property |
2,305 |
2,147 |
| Retail - Secured on Real Estate Property - SME |
102 |
99 |
| Retail - Secured on Real Estate Property - non-SME |
2,203 |
2,048 |
| Retail - Other Retail |
1,843 |
1,798 |
| Retail - Other Retail - SME |
94 |
92 |
| Retail - Other Retail - non-SME |
1,749 |
1,706 |
| IRB Total |
4,889 |
4,669 |
Sovereign Exposure
| Item |
As of 30/06/2018 (mln EUR) |
| Total - All Countries |
378.2 |
| Financial Assets: Carrying Amount |
331.4 |
| Held for Trading |
46.8 |
| Designated at Fair Value through Profit or Loss |
331.4 |
| Available-for-sale |
0.0 |
| Loans and Receivables |
0.0 |
| Held-to-maturity Investments |
46.8 |
| Sovereign Exposure |
46.8 |
Key Information and Regulations
- Own Funds and Capital Ratios are reported under Articles 4(118), 72, 50, and 25 of CRR.
- Transitional adjustments are applied in accordance with Articles 48(1), 48(2), 469–472, 478, 480, and 481 of CRR.
- Leverage ratio is based on Article 429 of CRR and Delegated Regulation (EU) 2015/62.
- Risk exposure amounts are covered under Articles 8(3), 95, 96, and 98 of CRR.
- P&L data includes various income and expense components, such as interest, fees, and exchange differences.
- Credit Risk - Standardised Approach and IRB Approach are reported under Articles 4(100), 4(109), 4(112), 4(113), 4(115), 4(117), 4(122), 4(27), 43, 45, 47, 48(1), 49(3), 74(3), 79, 89–91, 243(1), 244(1), and 258 of CRR.
Summary of Trends
- Own Funds decreased from 1,644 mln EUR to 1,579 mln EUR during the transitional period.
- CET1 Capital also decreased, from 1,366 mln EUR to 1,201 mln EUR.
- Capital ratios declined from 17.26% to 15.51% for CET1 and from 20.78% to 20.38% for Total Capital.
- Leverage ratio decreased slightly from 6.9% to 6.6%.
- Risk exposure amounts decreased from 7,910 mln EUR to 7,746 mln EUR.
- Credit risk under the Standardised Approach decreased from 3,399 mln EUR to 2,947 mln EUR.
- IRB Approach credit risk decreased from 4,889 mln EUR to 4,669 mln EUR.
- Sovereign exposure was reported as 378.2 mln EUR in total, with a breakdown of financial assets and risk-weighted exposures.
