Transitional Period: Applicable for capital and risk exposure calculations
Capital Structure Overview
Own Funds (Transitional Period)
Item
31/12/2015 (EUR)
30/06/2016 (EUR)
COREP Code
Regulation
A.1
8,016
7,481
C.01.00 (020,c010)
Article 50 of CRR
A.1.1
2,396
2,396
C.01.00 (030,c010)
Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f) and 42 of CRR
A.1.2
13,136
13,013
C.01.00 (r130,c010)
Articles 26(1) point (c), 26(2) and 36 (1) points (a) and (f) of CRR
A.1.3
-5,438
-6,318
C.01.00 (r180,c010)
Articles 4(100), 26(1) point (d) and 36 (1) point (f) of CRR
A.1.4
-11,679
-11,592
C.01.00 (200,c010)
Articles 4(117) and 26(1) point (e) of CRR
A.1.6
165
197
C.01.00 (r230,c010)
Article 84 of CRR
A.1.7
721
1,040
C.01.00 (r250,c010)
Articles 32 to 35 of and 36 (1) point (f) of CRR
A.1.21
8,748
8,780
C41 (1.1.1.6 + 1.1.1.8 + 1.1.1.26)
-
A.1.21.1
5,500
5,500
C.01.00 (r220,c010)
Articles 48(3) to (3), and 484 to 487 of CRR
A.1.21.2
128
74
C.01.00 (r240,c010)
Articles 479 and 480 of CRR
A.1.21.3
3,120
3,206
C.01.00 (r520,c010)
Articles 469 to 472, 478 and 481 of CRR
Capital Ratios (Transitional Period)
Ratio
31/12/2015
30/06/2016
CET1 Capital Ratio
15.59%
14.97%
Tier 1 Capital Ratio
15.72%
15.04%
Total Capital Ratio
15.98%
15.32%
Fully Loaded CET1 Capital
Item
31/12/2015 (EUR)
30/06/2016 (EUR)
CET1 Capital
-732
-1,321
CET1 Capital Ratio
-1.42%
-2.64%
Risk Exposure Amounts
Risk Type
31/12/2015 (EUR)
30/06/2016 (EUR)
Credit Risk
43,360
41,000
Securitisation Risk
3,235
2,580
Contributions to CCP Default Fund
7
21
Other Credit Risk
40,119
38,399
Market Risk (Foreign Exchange and Commodities)
2,248
2,157
Total Risk Exposure Amount
51,414
49,960
Profit and Loss (P&L) Overview
Item
31/12/2015 (EUR)
30/06/2016 (EUR)
Interest Income
10,751
5,017
Interest Expenses
10,492
4,903
Net Fee and Commission Income
5
3
Gains or Losses on Financial Assets
84
49
Gains or Losses on Trading Financial Assets
-13
-126
Gains or Losses on Fair Value Through Profit or Loss
85
16
Gains or Losses from Hedge Accounting
489
-48
Exchange Differences
-38
-16
Net Other Operating Income/Expenses
-39
12
Total Operating Income, Net
834
6
Administrative Expenses
447
193
Depreciation
23
8
Provisions or Reversal of Provisions
-1
1
Profit or Loss Before Tax from Continuing Operations
205
-192
Profit or Loss After Tax from Continuing Operations
186
-213
Profit or Loss from Discontinued Operations
-17
0
Profit or Loss for the Year
169
-213
Of which Attributable to Owners of the Parent
163
-200
Market Risk Details
Risk Type
31/12/2015 (EUR)
30/06/2016 (EUR)
Traded Debt Instruments
487
578
Equities
0
0
Foreign Exchange Risk
315
289
Commodities Risk
0
0
Total Market Risk Exposure
802
867
Credit Risk - Standardised Approach
Consolidated Data
Risk Type
31/12/2015 (EUR)
30/06/2016 (EUR)
Central Governments or Central Banks
19,504
20,937
Regional Governments or Local Authorities
11,408
12,766
Public Sector Entities
4,801
4,967
Corporates
9,858
9,559
Exposures in Default
1,010
968
Items Associated with Particularly High Risk
227
202
Equity
552
563
Other Exposures
8,346
8,663
Standardised Total
66,093
69,768
France
Risk Type
31/12/2015 (EUR)
30/06/2016 (EUR)
Central Governments or Central Banks
118
112
Regional Governments or Local Authorities
560
577
Public Sector Entities
1,360
1,347
Corporates
1,181
928
Exposures in Default
192
179
Items Associated with Particularly High Risk
61
60
Equity
111
108
Other Exposures
49
274
Standardised Total
56
56
United States
Risk Type
31/12/2015 (EUR)
30/06/2016 (EUR)
Regional Governments or Local Authorities
890
959
Public Sector Entities
133
195
Institutions
130
116
Corporates
1,216
1,293
Exposures in Default
29
20
Items Associated with Particularly High Risk
53
43
Equity
19
19
Other Exposures
7
5
Standardised Total
39
36
Germany
Risk Type
31/12/2015 (EUR)
30/06/2016 (EUR)
Central Governments or Central Banks
16,434
16,757
Public Sector Entities
614
532
Institutions
5,034
5,317
Corporates
1,403
1,360
Exposures in Default
0
0
Items Associated with Particularly High Risk
0
0
Equity
0
0
Other Exposures
570
706
Standardised Total
0
0
Key Observations
Capital Decline: Dexia NV experienced a decline in CET1 capital from 8,016 EUR in 2015 to 7,481 EUR in 2016, as well as a reduction in Tier 1 and Total Capital ratios.
Own Funds: The bank's own funds decreased from 8,216 EUR to 7,653 EUR during the transitional period.
Risk Exposure: Total risk exposure decreased from 51,414 EUR to 49,960 EUR, with a significant reduction in credit risk exposure.
Profit and Loss: The P&L showed a marked decline, with a profit before tax of 205 EUR in 2015 turning into a loss of 192 EUR in 2016.
Market Risk: Market risk exposure increased slightly, with foreign exchange risk decreasing and commodities risk remaining at zero.
Credit Risk by Country: The credit risk exposure by country was detailed, with significant exposure to France and Germany, and a notable decline in exposure to the United States.
