EBA欧洲银行-DE_B81CK4ESI35472RHJ606_TR_2015_25页_4mb

2015 EU-wide Transparency Exercise Summary - Landesbank Baden-Württemberg

Core Content Overview

The document provides a detailed summary of the 2015 EU-wide Transparency Exercise for Landesbank Baden-Württemberg, including capital structure, risk exposure amounts, and profit and loss (P&L) data. The information is structured according to the Capital Requirements Regulation (CRR) and Standardised Approach for risk measurement. The data is reported for two periods: 31/12/2014 and 30/06/2015.

---

Capital Structure

Own Funds

• 31/12/2014: 16,315 mln EUR
• 30/06/2015: 16,550 mln EUR

Common Equity Tier 1 (CET1) Capital

• 31/12/2014: 12,015 mln EUR
• 30/06/2015: 12,135 mln EUR

CET1 Capital Components

• Capital instruments eligible as CET1 Capital (including share premium): 11,724 mln EUR (both periods)
• Retained earnings: 654 mln EUR (2014), 768 mln EUR (2015)
• Accumulated other comprehensive income: 227 mln EUR (2014), 352 mln EUR (2015)
• Other Reserves: 0 mln EUR (both periods)
• Funds for general banking risk: 0 mln EUR (both periods)
• Minority interest given recognition in CET1 capital: 0 mln EUR (both periods)
• Adjustments to CET1 due to prudential filters: -315 mln EUR (2014), -321 mln EUR (2015)
• Transitional adjustments:
  • Transitional adjustments due to grandfathered CET1 Capital instruments: 0 mln EUR (both periods)
  • Transitional adjustments due to additional minority interests: 0 mln EUR (both periods)
  • Other transitional adjustments to CET1 Capital: 818 mln EUR (2014), 822 mln EUR (2015)

Additional Tier 1 (AT1) Capital

• 31/12/2014: 957 mln EUR
• 30/06/2015: 883 mln EUR

Tier 2 Capital

• 31/12/2014: 3,343 mln EUR
• 30/06/2015: 3,531 mln EUR

---

Capital Ratios

• Common Equity Tier 1 Capital Ratio:

  • 31/12/2014: 14.62%
  • 30/06/2015: 15.06%

• Tier 1 Capital Ratio:

  • 31/12/2014: 15.78%
  • 30/06/2015: 16.15%

• Total Capital Ratio:

  • 31/12/2014: 19.85%
  • 30/06/2015: 20.53%

---

Risk Exposure Amounts

• Total Risk Exposure Amount:
  • 31/12/2014: 82,182 mln EUR
  • 30/06/2015: 80,606 mln EUR

Breakdown of Risk Exposure Amounts

Risk Type	31/12/2014 (mIn EUR)	30/06/2015 (mIn EUR)
Credit Risk	65,500	63,940
Securitisation and Re-securitisations in Banking Book	890	789
Contributions to Default Fund of a CCP	11	10
Other Credit Risk	64,599	63,141
Market Risk (Foreign Exchange and Commodities)	9,061	9,668
- Securitisation and Re-securitisations in Trading Book	23	25
- Credit Valuation Adjustment	2,554	2,212
- Operational Risk	5,065	4,787
Other Risk Exposure Amounts	1	0

---

Profit and Loss (P&L)

Operating Income

• 31/12/2014: 2,163 mln EUR
• 30/06/2015: 1,137 mln EUR

Operating Expenses

• 31/12/2014: 1,737 mln EUR
• 30/06/2015: 899 mln EUR

Net Profit or Loss

• Profit or (-) Loss Before Tax from Continuing Operations:
  • 31/12/2014: 372 mln EUR
  • 30/06/2015: 359 mln EUR
• Profit or (-) Loss After Tax from Continuing Operations:
  • 31/12/2014: 325 mln EUR
  • 30/06/2015: 270 mln EUR

Profit or Loss for the Year

• 31/12/2014: 325 mln EUR
• 30/06/2015: 270 mln EUR

---

Risk Exposure by Country

Germany

• Standardised Total:
  • 31/12/2014: 90,380 mln EUR
  • 30/06/2015: 82,324 mln EUR

United Kingdom

• Standardised Total:
  • 31/12/2014: 5,811 mln EUR
  • 30/06/2015: 6,026 mln EUR

United States

• Standardised Total:
  • 31/12/2014: 5,811 mln EUR
  • 30/06/2015: 6,026 mln EUR

France

• Standardised Total:
  • 31/12/2014: 5,811 mln EUR
  • 30/06/2015: 6,026 mln EUR

---

Key Information

• The Standardised Approach is used to calculate risk exposure amounts, which include:

  • Original Exposure: Reported before credit conversion factors and credit risk mitigation techniques.
  • Exposure Value: Adjusted for credit conversion factors.
  • Risk Exposure Amount: Calculated using risk weights and other adjustments.
  • Value Adjustments and Provisions: Reflect changes in the value of exposures.

• The Total Risk Exposure Amount decreased from 82,182 mln EUR (31/12/2014) to 80,606 mln EUR (30/06/2015).

• The capital ratios improved slightly from 14.62% to 15.06% for CET1, and from 15.78% to 16.15% for Tier 1 Capital.

• The P&L for the year also showed a slight decrease, from 325 mln EUR (31/12/2014) to 270 mln EUR (30/06/2015).

• Securitisation exposures are excluded from the value adjustments and provisions per country of counterparty.

---

Summary of Key Changes

• CET1 Capital: Increased from 12,015 mln EUR to 12,135 mln EUR.
• AT1 Capital: Decreased from 957 mln EUR to 883 mln EUR.
• Tier 2 Capital: Increased from 3,343 mln EUR to 3,531 mln EUR.
• Total Capital: Increased from 19.85% to 20.53%.
• Total Risk Exposure Amount: Decreased from 82,182 mln EUR to 80,606 mln EUR.
• Profit or Loss: Decreased from 325 mln EUR to 270 mln EUR.