EBA欧洲银行-PT054_11页_1mb

报告摘要

Operating profit before impairments: 987 million EUR
Impairment losses on financial and non-financial assets in the banking book: -797 million EUR
Risk weighted assets (RWA): 59,562 million EUR
Core Tier 1 capital: 3,521 million EUR
Core Tier 1 capital ratio: 5.9%
Additional capital needed to reach a 5% Core Tier 1 capital benchmark: 542 million EUR

Core Tier 1 capital ratio: 3.6% (excluding mitigating actions)
Core Tier 1 capital ratio after including mitigating measures: 5.4%
Additional capital needed to reach a 5% Core Tier 1 capital benchmark: Not specified

Core Tier 1 capital after government support and restructuring: 3,736 million EUR
Supervisory recognised capital ratio: 6.2%
Total regulatory capital after measures: 5,332 million EUR

2-year cumulative operating profit before impairments: 1,093 million EUR
2-year cumulative impairment losses on financial and non-financial assets in the banking book: -2,536 million EUR
2-year cumulative losses from the stress in the trading book: -333 million EUR
- Valuation losses due to sovereign shock: -233 million EUR

Net profit after tax: 361 million EUR
Of which carried over to capital (retained earnings): 147 million EUR (2012)
Of which distributed as dividends: 96 million EUR (2012)

C) Other disinvestments and restructuring measures:
- Reduction of credit portfolio: -4,200 million EUR RWA, approx. 0.40% capital ratio impact
- Liability Management Offer: 310 million EUR capital impact, 0 RWA impact, approx. 0.45% capital ratio impact

The stress test was conducted using the EBA common methodology with static balance sheet assumptions.
Core Tier 1 capital is defined according to the EBA framework and may differ from national definitions.
Mitigating measures include capital raisings, government support, and restructuring actions.
Effects from mitigating measures are incorporated into the capital ratio and RWA calculations.
Deferred tax assets and provisions are included in the capital adequacy calculations.
The coverage ratio is calculated as the stock of provisions on defaulted assets divided by the stock of defaulted assets in EAD.
Loss rate is calculated as total impairment flow divided by total EAD for the specific portfolio.
All elements are reported net of tax effects.

Without mitigating actions, the Core Tier 1 capital ratio fell to 3.6% by 2012 under the adverse scenario.
With mitigating actions (capital raisings and restructuring), the Core Tier 1 capital ratio improved to 5.4% by 2012.
Supervisory recognised capital ratio after all measures was 6.2%.
Operating profit decreased significantly under the adverse scenario, reaching -554 million EUR in 2012.
Impairment losses increased, with a total of -1,469 million EUR in 2012.
Valuation losses due to sovereign shock were -116 million EUR in 2012.
Provisions for defaulted assets increased to 4,327 million EUR in 2012.
Loss rates rose across all segments, particularly in commercial real estate (1.9%).
Mitigating measures such as reduction of credit portfolio and liability management offer had a positive impact on capital and RWA.