2017 EU-wide Transparency Exercise Summary - Länsförsakringar Bank AB - Group
Core Information
Bank Name: Länsförsakringar Bank AB - group
LEI Code: 549300C6TUMDXNOVXS82
Country Code: SE
Reporting Period: As of 31/12/2016 and 30/06/2017
Capital Structure (Transitional Period)
Own Funds
Item
As of 31/12/2016
As of 30/06/2017
A
1,718 mln EUR
1,871 mln EUR
A.1
1,321 mln EUR
1,478 mln EUR
A.1.1
682 mln EUR
676 mln EUR
A.1.2
923 mln EUR
1,091 mln EUR
A.1.3
47 mln EUR
45 mln EUR
A.1.4
503 mln EUR
498 mln EUR
A.1.5
0 mln EUR
0 mln EUR
A.1.6
0 mln EUR
0 mln EUR
A.1.7
-3 mln EUR
5 mln EUR
A.1.8
-138 mln EUR
-161 mln EUR
A.1.9
0 mln EUR
0 mln EUR
A.1.10
-41 mln EUR
-46 mln EUR
A.1.11
0 mln EUR
0 mln EUR
A.1.12
0 mln EUR
0 mln EUR
A.1.13
0 mln EUR
0 mln EUR
A.1.14
0 mln EUR
0 mln EUR
A.1.15
0 mln EUR
0 mln EUR
A.1.16
0 mln EUR
0 mln EUR
A.1.17
-651 mln EUR
-629 mln EUR
A.1.18
0 mln EUR
0 mln EUR
A.1.19
0 mln EUR
0 mln EUR
A.1.21
0 mln EUR
0 mln EUR
A.1.21.1
0 mln EUR
0 mln EUR
A.1.21.2
0 mln EUR
0 mln EUR
A.1.21.3
0 mln EUR
0 mln EUR
A.2
126 mln EUR
124 mln EUR
A.3
1,446 mln EUR
1,603 mln EUR
A.4
271 mln EUR
269 mln EUR
Capital Ratios (Transitional Period)
Item
As of 31/12/2016
As of 30/06/2017
C.1
21.20%
22.82%
C.2
23.22%
24.74%
C.3
27.57%
28.90%
Capital Structure (Fully Loaded CET1)
Item
As of 31/12/2016
As of 30/06/2017
D
1,321 mln EUR
1,478 mln EUR
E
21.20%
22.82%
Risk Exposure Amounts
Risk Exposure
As of 31/12/2016
As of 30/06/2017
Credit risk
4,959 mln EUR
5,184 mln EUR
Market risk
0 mln EUR
0 mln EUR
Operational risk
1,122 mln EUR
1,177 mln EUR
Total Risk Exposure Amount
6,230 mln EUR
6,476 mln EUR
Profit and Loss (P&L)
Item
As of 31/12/2016
As of 30/06/2017
Interest income
746 mln EUR
378 mln EUR
Interest expenses
393 mln EUR
184 mln EUR
Net Fee and commission income
-59 mln EUR
-34 mln EUR
Gains or (-) losses on derecognition
2 mln EUR
2 mln EUR
Gains or (-) losses on financial assets
0 mln EUR
0 mln EUR
Gains or (-) losses from hedge accounting
5 mln EUR
-6 mln EUR
Exchange differences
1 mln EUR
0 mln EUR
Net other operating income/(expenses)
264 mln EUR
116 mln EUR
Total Operating Income, Net
565 mln EUR
274 mln EUR
Administrative expenses
404 mln EUR
192 mln EUR
Depreciation
18 mln EUR
10 mln EUR
Profit or (-) loss before tax from continuing operations
205 mln EUR
199 mln EUR
Profit or (-) loss after tax from continuing operations
170 mln EUR
183 mln EUR
Profit or (-) loss after tax from discontinued operations
0 mln EUR
0 mln EUR
Profit or (-) loss for the year
170 mln EUR
183 mln EUR
Market Risk
Item
As of 31/12/2016
As of 30/06/2017
Traded Debt Instruments
0 mln EUR
0 mln EUR
Equities
0 mln EUR
0 mln EUR
Foreign exchange risk
0 mln EUR
0 mln EUR
Commodities risk
0 mln EUR
0 mln EUR
Total
0 mln EUR
0 mln EUR
Credit Risk - Standardised Approach
Item
As of 31/12/2016
As of 30/06/2017
Original Exposure
6,426 mln EUR
7,576 mln EUR
Exposure Value
6,426 mln EUR
7,576 mln EUR
Risk exposure amount
1,698 mln EUR
1,727 mln EUR
Value adjustments and provisions
3 mln EUR
3 mln EUR
Standardised Total
6,426 mln EUR
7,576 mln EUR
Credit Risk - IRB Approach
Item
As of 31/12/2016
As of 30/06/2017
Original Exposure
3,261 mln EUR
3,456 mln EUR
Exposure Value
3,261 mln EUR
3,456 mln EUR
Risk exposure amount
3,261 mln EUR
3,456 mln EUR
IRB Total
3,261 mln EUR
3,456 mln EUR
Sovereign Exposure
Item
As of 31/12/2016
As of 30/06/2017
Financial assets: Carrying Amount
1,374.6 mln EUR
1,056.1 mln EUR
Of which: Held for trading
115.5 mln EUR
61.5 mln EUR
Of which: Loans and advances
1,259.1 mln EUR
994.6 mln EUR
Of which: Debt securities
0.0 mln EUR
0.0 mln EUR
Total Sovereign Exposure
1,374.6 mln EUR
1,056.1 mln EUR
Key Points
Capital Growth: The bank's own funds increased from 1,718 mln EUR to 1,871 mln EUR, with CET1 capital rising from 1,321 mln EUR to 1,478 mln EUR during the transitional period.
Capital Ratios: The CET1 capital ratio increased from 21.20% to 22.82%, and the total capital ratio rose from 27.57% to 28.90%.
Risk Exposure: The total risk exposure increased from 6,230 mln EUR to 6,476 mln EUR, with credit risk being the largest component.
Market Risk: No significant market risk exposure was reported.
Sovereign Exposure: The bank reported sovereign exposure of 1,374.6 mln EUR as of 31/12/2016 and 1,056.1 mln EUR as of 30/06/2017, primarily in financial assets.
