EBA欧洲银行-FR_969500FYSB4IT3QWYB65_TR_2018_20页_2mb

2018 EU-wide Transparency Exercise Summary: Bpifrance (Banque Publique d'Investissement)

Core Content Overview

The document provides a detailed summary of the 2018 EU-wide Transparency Exercise for Bpifrance (Banque Publique d'Investissement), including key financial metrics related to capital, leverage ratio, risk exposure, and P&L. The data is presented in a structured format with figures as of 31/12/2017 and 30/06/2018.

Key Financial Indicators

Capital Structure (Transitional Period)

• Own Funds: Increased from 19,934 mln EUR to 20,922 mln EUR.

• CET1 Capital (Net of deductions): Increased from 19,784 mln EUR to 20,755 mln EUR.

  • CET1 Capital Elements:
    • Capital instruments eligible as CET1 Capital: 19,082 mln EUR (unchanged).
    • Retained earnings: Decreased from 1,090 mln EUR to 374 mln EUR.
    • Accumulated other comprehensive income: Decreased from 1,789 mln EUR to 909 mln EUR.
    • Other Reserves: Increased from -1,026 mln EUR to 1,145 mln EUR.
    • Minority interest given recognition in CET1 capital: Increased from 303 mln EUR to 352 mln EUR.
    • Adjustments to CET1 due to prudential fibers: Decreased from -13 mln EUR to -22 mln EUR.
    • Intangible assets (including Goodwill): Deducted by 1,085 mln EUR in both periods.
    • Transitional adjustments: Decreased from 355 mln EUR to 0 mln EUR.

• Additional Tier 1 Capital (AT1): Remained at 0 mln EUR.

• Tier 2 Capital (net of deductions): Increased from 150 mln EUR to 167 mln EUR.

Capital Ratios (Transitional Period)

• CET1 Capital Ratio: Decreased slightly from 29.64% to 29.49%.
• Tier 1 Capital Ratio: Also decreased from 29.64% to 29.49%.
• Total Capital Ratio: Decreased from 29.87% to 29.73%.

CET1 Capital Fully Loaded

• Increased from 20,140 mln EUR to 20,755 mln EUR.
• CET1 Capital Ratio (Fully loaded): Decreased from 30.17% to 29.49%.

Leverage Ratio

• Tier 1 capital - transitional definition: Increased from 19,784 mln EUR to 20,755 mln EUR.
• Tier 1 capital - fully phased-in definition: Increased from 20,140 mln EUR to 20,755 mln EUR.
• Total leverage ratio exposures:
  • Transitional definition: Increased from 86,481 mln EUR to 90,048 mln EUR.
  • Fully phased-in definition: Increased from 86,844 mln EUR to 90,048 mln EUR.
• Leverage ratio:
  • Transitional definition: Increased from 22.9% to 23.0%.
  • Fully phased-in definition: Decreased from 23.2% to 23.0%.

Risk Exposure Amounts

• Total Risk Exposure Amount:
  • Increased from 66,743 mln EUR to 70,371 mln EUR.
• Credit Risk Exposure:
  • Increased from 64,860 mln EUR to 68,260 mln EUR.
• Securitisation and re-securitisations in the banking book:
  • Decreased from 207 mln EUR to 183 mln EUR.
• Operational Risk Exposure:
  • Increased from 1,883 mln EUR to 2,110 mln EUR.

Profit and Loss (P&L)

• Total Operating Income, Net:
  • Decreased from 2,080 mln EUR to 774 mln EUR.
• Net Fee and commission income:
  • Decreased from 50 mln EUR to 24 mln EUR.
• Gains or losses on financial assets at fair value through profit or loss:
  • Decreased from 431 mln EUR to 217 mln EUR.
• Provisions or reversal of provisions:
  • Increased from 0 mln EUR to 80 mln EUR.
• Profit or loss for the year:
  • Decreased from 1,380 mln EUR to 423 mln EUR.

Credit Risk - Standardised Approach

• Standardised Total Risk Exposure Amount:
  • Increased from 92,105 mln EUR to 95,673 mln EUR.
• Breakdown by counterparties:
  • Central governments or central banks: Increased from 15,366 mln EUR to 15,502 mln EUR.
  • Regional governments or local authorities: Decreased from 161 mln EUR to 158 mln EUR.
  • Corporates:
    • Original Exposure: Increased from 40,322 mln EUR to 42,799 mln EUR.
    • Exposure Value: Decreased from 32,267 mln EUR to 34,476 mln EUR.
    • Risk exposure amount: Increased from 28,016 mln EUR to 30,117 mln EUR.
  • Retail:
    • Original Exposure: Increased from 7,515 mln EUR to 7,703 mln EUR.
    • Exposure Value: Decreased from 5,869 mln EUR to 6,020 mln EUR.
    • Risk exposure amount: Increased from 3,354 mln EUR to 3,440 mln EUR.
  • Exposures in default:
    • Increased from 3,931 mln EUR to 3,880 mln EUR.
    • Value adjustments and provisions: Decreased from 2,726 mln EUR to 2,652 mln EUR.
  • Items associated with particularly high risk: Increased from 0 mln EUR to 18,710 mln EUR.
  • Standardised Total:
    • As of 31/12/2017: 64,860 mln EUR.
    • As of 30/06/2018: 68,260 mln EUR.
    • Total value adjustments and provisions: Increased from 4,441 mln EUR to 4,492 mln EUR.

Key Information and Notes

• Original exposure is reported before applying credit conversion factors or credit risk mitigation techniques.
• Value adjustments and provisions are included in the calculation of risk exposure amounts, except for countervailing those for securitisation purposes.
• The data includes transitional adjustments and regulatory references from the Capital Requirements Regulation (CRR).
• IFRS 9 transitional arrangements had no impact on the figures, with adjustments reported as 0 mln EUR in both periods.
• The leverage ratio is calculated based on two definitions: transitional and fully phased-in, with the latter being more stringent.