Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, and of non financial assets, net
62
122
Gains or (-) losses on financial assets and liabilities held for trading, net
63
46
Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net
351
65
Gains or (-) losses from hedge accounting, net
39
5
Exchange differences [gain or (-) loss], net
147
153
Net other operating income/(expenses)
15
57
TOTAL OPERATING INCOME, NET
5,562
2,819
Administrative expenses
3,250
1,699
Depreciation
165
82
Provisions or (-) reversal of provisions
-67
86
Commitments and guarantees given
-21
16
Other provisions
-46
70
PROFIT OR (-) LOSS BEFORE TAX FROM CONTINUING OPERATIONS
2,228
1,035
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS
1,650
796
Profit or (-) loss after tax from discontinued operations
0
0
PROFIT OR (-) LOSS FOR THE YEAR
1,650
796
Of which attributable to owners of the parent
1,421
705
Market Risk
Risk Type
As of 31/12/2015 (EUR)
As of 30/06/2016 (EUR)
Traded Debt Instruments
116
137
Of which: General risk
6
5
Of which: Specific risk
93
75
Equities
1
1
Foreign exchange risk
998
1,308
Commodities risk
15
18
Total Risk Exposure Amount
1,129
1,465
Credit Risk - Standardised Approach
Category
As of 31/12/2015 (EUR)
As of 30/06/2016 (EUR)
Central governments or central banks
11.615
17.697
Regional governments or local authorities
31.485
27.893
Public sector entities
12.566
12.346
Institutions
77.052
76.809
Corporates
14.131
13.211
Of which: SME
1.839
1.273
Retail
5.697
4.848
Of which: SME
1.257
1.273
Secured by mortgages on immovable property
1.768
686
Of which: SME
119
120
Exposures in default
905
537
Items associated with particularly high risk
334
235
Covered bonds
322
30
Claims on institutions and corporates with a ST credit assessment
464
106
Collective investments undertakings (CIU)
1.649
205
Equity
4.208
4.394
Other exposures
501
294
Standardised Total
167,542
182,264
Key Observations
Capital Levels: The bank's CET1 capital decreased from 18,429 EUR to 17,791 EUR during the transitional period, with a corresponding decline in capital ratios.
Transitional Adjustments: These adjustments were significant, especially in the CET1 category, and impacted the capital structure.
Risk Exposure: The total risk exposure increased slightly from 97,856 EUR to 98,829 EUR, with a notable rise in market risk exposure.
P&L Performance: Operating income decreased significantly, from 5,562 EUR to 2,819 EUR, and profit after tax also declined.
Credit Risk Breakdown: Credit risk was concentrated in corporate and retail sectors, with a significant portion of exposures in Germany.
