Key developments

Trading assets

Positive market values from derivative financial instruments

Financial assets designated at fair value through profit or loss

thereof: Goodwill

thereof: Defined benefit pension fund assets

Trading liabilities

Negative market values from derivative financial instruments

Financial liabilities designated at fair value through profit or loss

Investment contract liabilities

thereof: Subordinated long-term debt²

Capital instruments and the related share premium accounts

Thereof: Ordinary shares²

Retained earnings

Accumulated other comprehensive income (loss), net of tax

Funds for general banking risk

Amount of qualifying items referred to in Art. 484 (3) CRR and the related share premium accounts subject to phase-out from CET 1

Public sector capital injections grandfathered until January 1, 2018

Noncontrolling Interests (amount allowed in consolidated CET 1)

Independently reviewed interim profits net of any foreseeable charge or dividend³

Additional value adjustments (negative amount)⁴

Intangible assets (net of related tax liabilities) (negative amount)

Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liabilities where the conditions in Art. 38 (3) CRR are met) (negative amount)

Fair value reserves related to gains or losses on cash flow hedges

Shortfall of provisions to expected losses (negative amount)

Any increase in equity that results from securitized assets (negative amount)

Gains or losses on liabilities designated at fair value resulting from changes in own credit standing⁵

Defined benefit pension fund assets (negative amount)

Direct, indirect and synthetic holdings by an institution of own CET 1 instruments (negative amount)⁶

Direct, indirect and synthetic holdings of the CET 1 instruments of financial sector entities where those entities have reciprocal cross holdings with the institution designed to inflate artificially the own funds of the institution (negative amount)

Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution does not have a significant investment in those entities (amount above the 10 % threshold and net of eligible short positions) (negative amount)⁷

Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution has a significant investment in those entities (amount above 10 % threshold and net of eligible short positions) (negative amount)⁸

Exposure amount of the following items which qualify for a Risk Weight of 1250 %, where the institution opts for the deduction alternative

Qualifying holdings outside the financial sector (negative amount)

Securitization positions (negative amount)

Free deliveries (negative amount)

Deferred tax assets arising from temporary differences (amount above 10 % threshold, net of related tax liabilities where the conditions in Art. 38 (3) CRR are met) (negative amount)

Amount exceeding the 15 % threshold (negative amount)

Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution has a significant investment in those entities

Deferred tax assets arising from temporary differences

Losses for the current financial year (negative amount)

Regulatory adjustments applied to CET 1 capital in respect of amounts subject to pre-CRR treatment:

Regulatory adjustments relating to unrealized gains and losses pursuant to Art. 467 and 468 CRR⁹

Amount to be deducted from or added to CET 1 capital with regard to additional filters and deductions required pre CRR¹⁰

Qualifying AT1 deductions that exceed the AT1 capital of the institution (negative amount)

Other regulatory adjustments

Total regulatory adjustments to Common Equity Tier 1 (CET 1) capital

Common Equity Tier 1 (CET 1) capital

Capital instruments and the related share premium accounts

Classified as equity under applicable accounting standards

Classified as liabilities under applicable accounting standards

Amount of qualifying items referred to in Art. 484 (4) CRR and the related share premium accounts subject to phase-out from AT1

Public sector capital injections grandfathered until January 1, 2018

Qualifying Tier 1 capital included in consolidated AT1 capital issued by subsidiaries and held by third parties

Thereof: instruments issued by subsidiaries subject to phase-out

Additional Tier 1 (AT1) capital before regulatory adjustments

Direct, indirect and synthetic holdings by an institution of own AT1 instruments (negative amount)¹¹

Direct, indirect and synthetic holdings of the AT1 instruments of financial sector entities where those entities have reciprocal cross holdings with the institution designed to inflate artificially the own funds of the institution (negative amount)

Direct, indirect and synthetic holdings of the AT1 instruments of financial sector entities where the institution does not have a significant investment in those entities (amount above the 10 % threshold and net of eligible short positions) (negative amount)⁷

Direct, indirect and synthetic holdings by the institution of the AT1 instruments of financial sector entities where the institution has a significant investment in those entities (amount above the 10 % threshold net of eligible short positions) (negative amount)⁸

Regulatory adjustments applied to AT1 capital in respect of amounts subject to pre-CRR treatment and transitional treatments subject to phase-out as prescribed in CRR (i.e., residual amounts)

Residual amounts deducted from AT1 capital with regard to deduction from CET 1 capital during the transitional period pursuant to Art. 472 CRR

Intangible assets (net of related tax liabilities)

Shortfall of provisions to expected losses

Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution has a significant investment in those entities

Residual amounts deducted from AT1 capital with regard to deduction from Tier 2 (T2) capital during the transitional period pursuant to Art. 475 CRR

Amount to be deducted from or added to AT1 capital with regard to additional filters and deductions required pre CRR

Qualifying T2 deductions that exceed the T2 capital of the institution (negative amount)

Total regulatory adjustments to Additional Tier 1 (AT1) capital¹²

Additional Tier 1 (AT1) capital

Tier 1 capital (T1 = CET 1 + AT1)¹³

Capital instruments and the related share premium accounts¹⁴

Amount of qualifying items referred to in Art. 484 (5) CRR and the related share premium accounts subject to phase-out from T2

Public sector capital injections grandfathered until January 1, 2018

Qualifying own funds instruments included in consolidated T2 capital issued by subsidiaries and held by third parties

Thereof: instruments issued by subsidiaries subject to phase-out

Credit risk adjustments

Tier 2 (T2) capital before regulatory adjustments

Direct, indirect and synthetic holdings by an institution of own T2 instruments and subordinated loans (negative amount)¹¹

Direct, indirect and synthetic holdings of the T2 instruments and subordinated loans of financial sector entities where those entities have reciprocal cross holdings with the institution designed to inflate artificially the own funds of the institution (negative amount)

Direct, indirect and synthetic holdings of the T2 instruments and subordinated loans of financial sector entities where the institution does not have a significant investment in those entities (amount above 10 % threshold and net of eligible short positions) (negative amount)⁷

New holdings not subject to transitional arrangements

Holdings existing before January 1, 2013 and subject to transitional arrangements

Direct, indirect and synthetic holdings by the institution of the T2 instruments and subordinated loans of financial sector entities where the institution has a significant investment in those entities (net of eligible short positions) (negative amount)⁸

Regulatory adjustments applied to Tier 2 in respect of amounts subject to pre-CRR treatment and transitional treatments subject to phase-out as prescribed in CRR (i.e., residual amounts)

Residual amounts deducted from Tier 2 capital with regard to deduction from Common Equity Tier 1 capital during the transitional period pursuant to Art. 472 CRR

Shortfall of provisions to expected losses

Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution has a significant investment in those entities

Residual amounts deducted from Tier 2 capital with regard to deduction from Additional Tier 1 capital during the transitional period pursuant to Art. 475 CRR

Reciprocal cross holdings in AT1 instruments

Direct holdings of nonsignificant investments in the capital of other financial sector entities

Amount to be deducted from or added to Tier 2 capital with regard to additional filters and deductions required pre-CRR

Total regulatory adjustments to Tier 2 (T2) capital

Tier 2 (T2) capital

Total Regulatory capital (TC = T1 + T2)

Risk-weighted assets in respect of amounts subject to pre-CRR treatment and transitional treatments subject to phase-out as prescribed in CRR (i.e., residual amounts)¹⁵

Items not deducted from CET 1 (CRR residual amounts)

Items not deducted from AT1 items (CRR residual amounts)

Items not deducted from T2 items (CRR residual amounts)

Indirect and synthetic holdings of own T2 instruments

Indirect and synthetic holdings of nonsignificant investments in the capital of other financial sector entities

Indirect and synthetic holdings of significant investments in the capital of other financial sector entities

Total risk-weighted assets

Credit Risk (including Settlement Risk)

Credit Valuation Adjustment (CVA)

Market Risk

Operational Risk

Common Equity Tier 1 capital ratio (as a percentage of risk-weighted assets)

Tier 1 capital ratio (as a percentage of risk-weighted assets)

Total Regulatory capital ratio (as a percentage of risk-weighted assets)

Institution specific buffer requirement (CET 1 requirement in accordance with Art. 92 (1) (a) CRR plus capital conservation and countercyclical buffer requirements, plus systemic risk buffer, plus the systemically important institution buffer (G-SII or O-SII buffer), expressed as a percentage of risk-weighted assets)¹⁶

Capital conservation buffer requirement

Countercyclical buffer requirement¹⁷

Systemic risk buffer requirement

Global Systemically Important Institution (G-SII) or Other Systemically Important Institution (O-SII) buffer¹⁸

Common Equity Tier 1 capital available to meet buffers (as a percentage of risk-weighted assets)¹⁹

Direct, indirect and synthetic holdings of the capital of financial sector entities where the institution does not have a significant investment in those entities (amount below 10 % threshold and net of eligible short positions)⁷

Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution has a significant investment in those entities (amount below 10 % threshold and net of eligible short positions)⁸

Deferred tax assets arising from temporary differences (amount below 10 % threshold, net of related tax liability where the conditions in Art. 38 (3) CRR are met)

Credit risk adjustments included in T2 in respect of exposures subject to standardized approach (prior to the application of the cap)

Cap on inclusion of credit risk adjustments in T2 under standardized approach

Credit risk adjustments included in T2 in respect of exposures subject to internal ratings-based approach (prior to the application of the cap)

Cap for inclusion of credit risk adjustments in T2 under internal ratings-based approach

Current cap on CET 1 instruments subject to phase-out arrangements

Amount excluded from CET 1 due to cap (excess over cap after redemptions and maturities)

Current cap on AT1 instruments subject to phase-out arrangements

Amount excluded from AT1 due to cap (excess over cap after redemptions and maturities)

Current cap on T2 instruments subject to phase-out arrangements

Amount excluded from T2 due to cap (excess over cap after redemptions and maturities)