2015 EU-wide Transparency Exercise Summary: Banco Santander SA
Core Content
The document presents the results of the 2015 EU-wide Transparency Exercise for Banco Santander SA, focusing on capital structure, risk exposure amounts, and profit and loss (P&L) data. It also includes data for other countries such as Spain, United Kingdom, Brazil, and United States, categorized under the Standardised Approach.
Capital Structure
Key Capital Metrics (as of 31/12/2014 and 30/06/2015)
| Capital Type |
31/12/2014 (EUR) |
30/06/2015 (EUR) |
| Own Funds |
70,483 |
83,998 |
| CET1 Capital |
64,250 |
75,471 |
| Tier 1 Capital |
64,250 |
75,471 |
| Tier 2 Capital |
6,233 |
8,528 |
| Total Capital |
12.04% |
13.78% |
CET1 Capital Components
| Component |
31/12/2014 (EUR) |
30/06/2015 (EUR) |
| Capital instruments eligible as CET1 |
44,851 |
52,180 |
| Retained earnings |
46,227 |
49,343 |
| Accumulated other comprehensive income |
-11,243 |
-10,758 |
| Minority interest |
4,131 |
5,019 |
| Adjustments to CET1 |
16,121 |
27,097 |
| Deductions from CET1 |
-29,116 |
-30,280 |
| Other deductions |
-4,632 |
-4,767 |
| Defined benefit pension fund assets |
-413 |
-447 |
| Excess deduction from AT1 items over AT1 Capital |
-11,440 |
0 |
| Risk-weighted deductions |
-42 |
-51 |
| Other CET1 capital elements and deductions |
0 |
0 |
Risk Exposure Amounts
| Risk Exposure Type |
31/12/2014 (EUR) |
30/06/2015 (EUR) |
| Credit risk |
480,287 |
505,809 |
| Securitisation and re-securitisations (banking book) |
2,470 |
1,442 |
| Contributions to default fund of a CCP |
865 |
373 |
| Other credit risk |
476,952 |
503,994 |
| Market risk (foreign exchange and commodities) |
35,103 |
32,970 |
| Operational risk |
69,953 |
70,384 |
| Total Risk Exposure Amount |
585,621 |
609,484 |
Profit and Loss (P&L) Summary
| P&L Item |
31/12/2014 (mln EUR) |
30/06/2015 (mln EUR) |
| Interest income |
56,039 |
29,789 |
| Debt securities income |
7,114 |
3,832 |
| Loans and advances income |
46,371 |
24,385 |
| Interest expenses |
26,398 |
12,788 |
| Deposits expenses |
15,689 |
7,702 |
| Debt securities issued expenses |
7,861 |
3,936 |
| Net Fee and commission income |
9,768 |
5,093 |
| Gains or losses on derecognition of financial assets |
4,438 |
873 |
| Gains or losses on financial assets held for trading |
2,364 |
-1,003 |
| Gains or losses on financial assets designated at fair value through profit or loss |
239 |
-12 |
| Gains or losses from hedge accounting |
-65 |
-37 |
| Exchange differences |
-1,127 |
1,335 |
| Net other operating income/(expenses) |
-372 |
8 |
| Total Operating Income, Net |
45,321 |
23,529 |
| Administrative expenses |
17,931 |
9,601 |
| Depreciation |
2,278 |
1,188 |
| Provisions or reversal of provisions |
3,004 |
1,561 |
| Commitments and guarantees given |
12 |
-46 |
| Other provisions |
2,991 |
1,607 |
| Profit or loss before tax from continuing operations |
10,638 |
5,836 |
| Profit or loss after tax from continuing operations |
6,945 |
5,073 |
| Profit or loss from discontinued operations |
-26 |
0 |
| Profit or loss for the year |
6,919 |
5,073 |
Risk Exposure by Country (Standardised Approach)
Spain
| Item |
31/12/2014 (EUR) |
30/06/2015 (EUR) |
| Original Exposure |
41,686 |
40,048 |
| Exposure Value |
42,903 |
42,330 |
| Risk exposure amount |
197 |
254 |
| Value adjustments and provisions |
6,647 |
6,777 |
United Kingdom
| Item |
31/12/2014 (EUR) |
30/06/2015 (EUR) |
| Original Exposure |
33,602 |
29,700 |
| Exposure Value |
34,029 |
29,802 |
| Risk exposure amount |
17 |
28 |
| Value adjustments and provisions |
654 |
666 |
Brazil
| Item |
31/12/2014 (EUR) |
30/06/2015 (EUR) |
| Original Exposure |
34,496 |
38,121 |
| Exposure Value |
35,576 |
39,318 |
| Risk exposure amount |
135 |
124 |
| Value adjustments and provisions |
3,843 |
3,567 |
United States
| Item |
31/12/2014 (EUR) |
30/06/2015 (EUR) |
| Original Exposure |
34,496 |
38,121 |
| Exposure Value |
35,576 |
39,318 |
| Risk exposure amount |
135 |
124 |
| Value adjustments and provisions |
3,843 |
3,567 |
Key Information and Notes
- CET1 Capital increased from 64,250 EUR to 75,471 EUR, reflecting improvements in capital adequacy.
- Tier 1 Capital ratio improved from 10.97% to 12.38%.
- Total Capital ratio rose from 12.04% to 13.78%, indicating a stronger capital position.
- Risk exposure amounts increased from 585,621 EUR to 609,484 EUR, suggesting a broader exposure to various risks.
- The Standardised Approach is used to report risk exposure, with original exposure reported before applying credit conversion factors or mitigation techniques.
- Securitisation exposures are excluded from value adjustments and provisions in the tables.
- Value adjustments and provisions are reported separately for each country of counterparty.
