2017 EU-wide Transparency Exercise Summary - Sberbank Europe AG
Core Content Overview
The document presents the results of the 2017 EU-wide Transparency Exercise for Sberbank Europe AG, including details on capital structure, leverage ratio, risk exposure amounts, and P&L (Profit and Loss) figures. The data is reported for two periods: As of 31/12/2016 and As of 30/06/2017, with reference to the Capital Requirements Regulation (CRR) and COREP CODE.
Capital Structure (Transitional Period)
Own Funds
| Item |
As of 31/12/2016 (mln EUR) |
As of 30/06/2017 (mln EUR) |
COREP CODE |
Regulation |
| Own Funds |
1,734 |
1,768 |
C 0.00 (010,010) |
Articles 4(118) and 72 of CRR |
| CET1 Capital |
1,401 |
1,440 |
C 0.00 (020,010) |
Article 50 of CRR |
| Capital instruments eligible as CET1 |
1,976 |
1,976 |
C 0.00 (030,010) |
Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f) and 42 of CRR |
| Retained earnings |
-458 |
-428 |
C 0.00 (030,010) |
Articles 26(1) point (c), 26(2) and 36 (1) points (a) and (f) of CRR |
| Accumulated other comprehensive income |
-137 |
-121 |
C 0.00 (0180,010) |
Articles 4(100), 26(1) point (d) and 36 (1) point (f) of CRR |
| Other Reserves |
120 |
125 |
C 0.00 (200,010) |
Articles 4(117) and 26(1) point (e) of CRR |
| CET1 Capital Elements or Deductions - Other |
0 |
0 |
C 0.00 (0529,010) |
- |
| Transitional adjustments |
16 |
7 |
CA1 (1.1.1.6 + 1.1.1.8 + 1.1.1.26) |
- |
Capital Ratios (Transitional Period)
| Item |
As of 31/12/2016 (%) |
As of 30/06/2017 (%) |
| CET1 Capital Ratio |
15.35% |
16.55% |
| Tier 1 Capital Ratio |
15.35% |
16.55% |
| Total Capital Ratio |
18.99% |
20.32% |
Leverage Ratio
| Item |
As of 31/12/2016 |
As of 30/06/2017 |
COREP CODE |
Regulation |
| Tier 1 Capital - Transitional Definition |
1,401 |
1,440 |
C 47.00 (r320,c010) |
Article 429 of CRR |
| Tier 1 Capital - Fully Phased-in Definition |
1,385 |
1,433 |
C 47.00 (r310,c010) |
Article 429 of CRR |
| Total Leverage Ratio Exposures (Transitional Definition) |
13,395 |
13,424 |
C 47.00 (r300,c010) |
Article 429 of CRR |
| Total Leverage Ratio Exposures (Fully Phased-in Definition) |
13,377 |
13,415 |
C 47.00 (r290,c010) |
Article 429 of CRR |
| Leverage Ratio (Transitional Definition) |
10.5% |
10.7% |
C 47.00 (r340,c010) |
Article 429 of CRR |
| Leverage Ratio (Fully Phased-in Definition) |
10.4% |
10.7% |
C 47.00 (r330,c010) |
Article 429 of CRR |
Risk Exposure Amounts
| Risk Type |
As of 31/12/2016 (mln EUR) |
As of 30/06/2017 (mln EUR) |
| Credit Risk |
8,364 |
7,864 |
| Market Risk |
40 |
47 |
| Operational Risk |
710 |
774 |
| Total Risk Exposure Amount |
9,128 |
8,702 |
P&L (Profit and Loss) Overview
| Item |
As of 31/12/2016 (mln EUR) |
As of 30/06/2017 (mln EUR) |
| Interest Income |
442 |
216 |
| Net Fee and Commission Income |
81 |
43 |
| Gains or (-) Losses on Financial Assets |
1 |
1 |
| Gains or (-) Losses on Financial Assets Held for Trading |
-28 |
14 |
| Gains or (-) Losses on Financial Assets Designated at Fair Value Through Profit or Loss |
0 |
-1 |
| Gains or (-) Losses from Hedge Accounting |
-3 |
0 |
| Exchange Differences |
34 |
-8 |
| Net Other Operating Income/(Expenses) |
-28 |
37 |
| Total Operating Income, Net |
361 |
246 |
| Profit or (-) Loss Before Tax from Continuing Operations |
2 |
11 |
| Profit or (-) Loss After Tax from Continuing Operations |
-8 |
9 |
| Profit or (-) Loss from Discontinued Operations |
42 |
0 |
| Profit or (-) Loss for the Year |
35 |
9 |
Credit Risk - Standardised Approach
Consolidated Data
| Risk Category |
As of 31/12/2016 |
As of 30/06/2017 |
| Central Governments or Central Banks |
3.036 |
3.375 |
| Regional Governments or Local Authorities |
75 |
69 |
| Public Sector Entities |
89 |
94 |
| Multilateral Development Banks |
16 |
16 |
| International Organisations |
0 |
0 |
| Institutions |
455 |
411 |
| Corporates |
5.962 |
5.380 |
| Retail |
2.631 |
2.906 |
| Exposures in Default |
899 |
1.040 |
| Items Associated with Particularly High Risk |
13 |
26 |
| Standardised Total |
15,158 |
15,453 |
Czech Republic
| Risk Category |
As of 31/12/2016 |
As of 30/06/2017 |
| Central Governments or Central Banks |
454 |
626 |
| Regional Governments or Local Authorities |
62 |
61 |
| Public Sector Entities |
0 |
0 |
| Institutions |
9 |
4 |
| Corporates |
864 |
896 |
| Exposures in Default |
105 |
111 |
| Items Associated with Particularly High Risk |
11 |
23 |
| Standardised Total |
15,158 |
15,453 |
Slovenia
| Risk Category |
As of 31/12/2016 |
As of 30/06/2017 |
| Central Governments or Central Banks |
367 |
394 |
| Regional Governments or Local Authorities |
2 |
2 |
| Public Sector Entities |
2 |
2 |
| Institutions |
3 |
0 |
| Corporates |
904 |
746 |
| Exposures in Default |
185 |
170 |
| Items Associated with Particularly High Risk |
2 |
2 |
| Standardised Total |
81 |
80 |
Croatia
| Risk Category |
As of 31/12/2016 |
As of 30/06/2017 |
| Central Governments or Central Banks |
289 |
269 |
| Regional Governments or Local Authorities |
0 |
0 |
| Public Sector Entities |
67 |
60 |
| Institutions |
4 |
5 |
| Corporates |
561 |
423 |
| Exposures in Default |
172 |
333 |
| Items Associated with Particularly High Risk |
17 |
16 |
| Standardised Total |
15,158 |
15,453 |
Key Observations
- Capital Adequacy: CET1 capital increased from 1,401 mln EUR to 1,440 mln EUR during the transition period, and the CET1 capital ratio improved from 15.35% to 16.55%.
- Leverage Ratio: The leverage ratio slightly increased from 10.5% to 10.7% using the transitional definition, and remained stable at 10.4% to 10.7% using the fully phased-in definition.
- Risk Exposure: Total risk exposure decreased from 9,128 mln EUR to 8,702 mln EUR, primarily due to a reduction in credit risk exposure.
- P&L Performance: Operating income declined from 361 mln EUR to 246 mln EUR, but profit after tax from continuing operations increased from -8 mln EUR to 9 mln EUR.
- Credit Risk: The standardised approach showed a reduction in credit risk exposure across all categories, including a decrease in exposures in default.
