VP Bank Group Annual Report 2012

Transcription

1 VP Bank Group 12 March 2013 VP Bank Group Annual Report 12 March 2013, SIX Swiss Exchange Welcoming remarks Fredy Vogt Chairman of the Board of Directors 2

2 Programme 1Welcoming remarks Fredy Vogt, Chairman of the Board of Directors 2Financial results Siegbert Näscher, Chief Financial Officer 3Outlook and strategic positioning from the vantage point of the Board of Directors Fredy Vogt, Chairman of the Board of Directors 4Questions& answers Fredy Vogt, Chairman of the Board of Directors Siegbert Näscher, Chief Financial Officer Juerg W. Sturzenegger, Chief Operating Officer Financial results Siegbert Näscher Chief Financial Officer 4

3 Overview of topics Profile as at 31 December Consolidated income statement Consolidated balance sheet Client assets Segments Dividend Summary 5 VP Bank Group Profile as at 31 December CHF million shareholders equity Cost/ income ratio 63% CHF 47.2 million consolidated net income CHF 10.6 billion total assets employees (FTE*) CHF 28.5 billion client assets under management *FTE: full-time equivalents 6

4 Consolidated income statement 7 Total operating income % Interest income Commission business Trading activities Financial instruments Other income Total operating income 8

5 Operating expenses % Personnel expenses General and administrative expenses Operating expenses 9 Depreciation and amortisation % Depreciation and amortisation 10

6 Valuation allowances, provisions and losses % Valuation allowances, provisions and losses 11 Consolidated net income Total net operating income Operating expenses Depreciation and amortisation, provisions Income taxes Consolidated net income 12

7 Total comprehensive income Total comprehensive income 13 Consolidated balance sheet 14

8 Total assets 10,751 10, % Total assets 15 Shareholders equity Shareholders Dividend equity distribution 31/12/ Financial instruments FVTOCI Income from defined benefit plans Coupon tax on old reserves Treasury shares, LTI and foreigncurrency translation differences Net income Shareholders equity 31/12/ 16

9 Due from banks 5,144 4, % Due from banks 17 Due from customers 3,851 3,713 5% 3.6% 26% 69% Due from customers Mortgage collateral Other collateral Unsecured 18

10 Financial instruments 1, % 8% 92% Financial instruments Debt securities incl. credit derivatives Equity securities 19 Client assets 20

11 Client assets in CHF billion 4.2% 24% 1% 24% 51% Client assets Client securities accounts On-balancesheet client deposits Fiduciary deposits Custody assets 21 Client assets under management in CHF billion Client assets Performance under management 31/12/ Net new money Client assets under management 31/12/ 22

12 Client assets under management asset classes / currencies Asset classes as at 31/12/ Currencies as at 31/12/ 3% 14% 23% 31% 28% 22% 18% 25% 36% Liquidity Equities Other Bonds Investment funds CHF USD EUR Other 23 Segments 24

13 Overview of segments as at 31 December * in CHF Group net income before tax* Client assets under management* Headcount (full-time equivalents) Banking Liechtenstein & Regional Market Private Banking International Chief Operating Officer CFO & Corporate Center Group 47.5 mn 22.5 mn 2.4 mn 26.4 mn 49.1 mn 17.8 bn 10.4 bn 0.0 bn 0.2 bn 28.5 bn Dividend 26

14 Dividend in CHF Group net income attributable to the shareholders of VP Bank Dividends Dividend per bearer share 27 Dividend yield 3.5% 3.0% 3.8% 1.8% 1.8%

15 Summary 29 VP Bank Group Summary Consolidated net income CHF 47.2 Mio. Cost/income ratio 63.0% Tier 1 ratio 21.5% Excess equity capital One-time items Outflow of client assets CHF 0.2 billion Client assets under management CHF 28.5 billion Dividend CHF 2.50 Dividend yield 3.8% 30

16 Outlook and strategic positioning from the vantage point of the Board of Directors Fredy Vogt Chairman of the Board of Directors 31 Questions & answers 32

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