2016 EU-wide Transparency Exercise Summary for Banca Popolare di Milano Scarl
Core Information
Bank Name: Banca Popolare di Milano Scarl
LEI Code: 8156009BC82130E7FC43
Country Code: IT
Reporting Periods: As of 31/12/2015 and 30/06/2016
Own Funds (Transitional Period)
Item
Description
31/12/2015
30/06/2016
A
Own Funds
5,021
4,957
A.1
CET1 Capital (net of deductions and after transitional adjustments)
4,037
4,120
A.1.1
Capital instruments eligible as CET1 Capital
3,341
3,341
A.1.2
Retained Earnings
907
1,001
A.1.3
Accumulated Other Comprehensive Income
198
111
A.1.4
Other Reserves
13
13
A.1.5
Funds for general banking risk
0
0
A.1.6
Minority interest given recognition in CET1 capital
13
13
A.1.7
Adjustments to CET1 due to prudential filters
-4
-4
A.1.8
Intangible assets (including Goodwill)
-177
-189
A.1.9
Deductible DTAs that rely on future profitability
0
0
A.1.10
IRB shortfall of credit risk adjustments to expected losses
0
0
A.1.11
Defined benefit pension fund assets
0
0
A.1.12
Reciprocal cross holdings in CET1 Capital
0
0
A.1.13
Excess deduction from ATI items over ATI Capital
0
0
A.1.21
Transitional adjustments
-241
-160
A.1.21.1
Transitional adjustments due to grandfathered CET1 Capital instruments
0
0
A.1.21.2
Transitional adjustments due to additional minority interests
0
0
A.1.21.3
Other transitional adjustments to CET1 Capital
-241
-160
A.2
Additional Tier 1 Capital
187
160
A.3
Tier 1 Capital
4,225
4,279
A.4
Tier 2 Capital
796
678
Capital Ratios (Transitional Period)
Common Equity Tier 1 Ratio: 11.53% (31/12/2015) to 11.73% (30/06/2016)
Tier 1 Ratio: 12.06% (31/12/2015) to 12.18% (30/06/2016)
Total Capital Ratio: 14.33% (31/12/2015) to 14.11% (30/06/2016)
Fully Loaded CET1 Capital
CET1 Capital (Fully loaded): 4,278 (31/12/2015) to 4,280 (30/06/2016)
CET1 Capital Ratio (Fully loaded): 12.21% (31/12/2015) to 12.18% (30/06/2016)
Risk Exposure Amounts
Total Risk Exposure Amount: 35,030 (31/12/2015) to 35,124 (30/06/2016)
Risk Type
As of 31/12/2015
As of 30/06/2016
Credit Risk
31,474
31,696
Securitisation Risk
226
193
Contributions to CCP Default Fund
4
4
Other Credit Risk
31,243
31,499
Market Risk (Traded Debt Instruments)
373
277
Market Risk (Equities)
0
0
Market Risk (Foreign Exchange)
0
0
Market Risk (Commodities)
0
0
Market Risk (Total)
35,030
35,124
P&L (Profit and Loss)
Item
As of 31/12/2015 (mln EUR)
As of 30/06/2016 (mln EUR)
Interest Income
1,161
530
Interest Expenses
354
127
Net Fee and Commission Income
607
304
Gains or Losses on Derecognition
163
104
Gains or Losses on Financial Assets Held for Trading
23
-6
Gains or Losses on Financial Assets Designated at Fair Value
-3
1
Gains or Losses from Hedge Accounting
-10
-13
Exchange Differences
13
8
Net Other Operating Income/(Expenses)
122
60
Total Operating Income, Net
1,735
874
Administrative Expenses
1,032
512
Depreciation
64
35
Provisions or Reversal of Provisions
-26
-16
Commitments and Guarantees Given
-15
-11
Other Provisions
-11
-5
Profit or Loss Before Tax from Continuing Operations
353
223
Profit or Loss After Tax from Continuing Operations
290
159
Profit or Loss After Tax from Discontinued Operations
0
0
Profit or Loss for the Year
290
159
Credit Risk - Standardised Approach
Item
As of 31/12/2015
As of 30/06/2016
Original Exposure
78,038
75,653
Exposure Value
53,006
52,167
Risk Exposure Amount
31,469
31,692
Value Adjustments and Provisions
2,522
2,604
Credit Risk - IRB Approach
Item
As of 31/12/2015
As of 30/06/2016
Original Exposure
0
0
Exposure Value
0
0
Risk Exposure Amount
0
0
Value Adjustments and Provisions
0
0
IRB Total
0
0
Sovereign Exposure
Period
Total (mln EUR)
Breakdown by Accounting Portfolio
31/12/2015
9,441.6
Held for Trading: 503.2<br>Designated at Fair Value through Profit or Loss: 161.0<br>Available-for-sale: 0.0<br>Loans and Receivables: 8,777.4<br>Held-to-maturity investments: 503.2
30/06/2016
8,373.5
Held for Trading: 494.9<br>Designated at Fair Value through Profit or Loss: 166.1<br>Available-for-sale: 0.0<br>Loans and Receivables: 7,712.6<br>Held-to-maturity investments: 494.9
Notes
Sovereign Exposure includes all exposures to "General Governments" as defined in paragraph 41 (b) of Annex V of ITS on Supervisory reporting.
Original Exposure is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques.
The information reported may include hedges, which are not securitisation positions, as per Article 338.3 of CRR.
Information is available only as of the end of the year.
