Public Report for the 4 th quarter 2011

Transcription

1 Assets Public Report for the 4 th quarter 2011 Balance Sheet and Memorandum items 31/12/ /12/2010 Group Bank Group Bank LVL 000 LVL 000 LVL 000 LVL 000 Cash and demand deposits with central banks Demand deposits with credit institutions Held-for-trading investments Available-for-sale investments Loans Held-to-maturity investments Prepaid expense and accrued income Investment properties Intangible fixed assets Investments in subsidiaries and associates Tax assets Other assets Assets classified as held for sale Total assets Liabilities Liabilities to central banks Demand deposits from credit institutions Held-for-trading financial liabilities Financial liabilities at amortised cost Deferred income and accrued expense Provisions on off-balance sheet liabilities to customers and guarantees Tax payable Other liabilities Liabilities classified as held for sale Total liabilities Shareholders equity Total liabilities and shareholders equity Memorandum items Contingent liabilities Liabilities to customers

2 Income statement Group Bank Group Bank LVL 000 LVL 000 LVL 000 LVL 000 Interest income Interest expense (34 922) (33 646) (42 897) (42 006) Income from dividends Commission and fee income Commission and fee expense (10 215) (10 469) (9 721) (9 868) Net profit / (loss) from available-for-sale investments Net profit / (loss) from held-for-trading investments (351) (192) Profit from foreign exchange trading and revaluation (Loss) / profit from derecognition of property, plant and equipment, investment properties and intangible assets (434) (345) (867) (467) Other income Other expense (1 315) (1 163) (209) (209) Administrative expense (35 747) (33 174) (38 380) (35 479) Depreciation (5 710) (3 500) (7 043) (4 098) Allowances for credit losses (25 337) (25 261) Impairment losses (714) (696) (437) (407) Corporate income tax (10 352) ( 9 741) (3 456) (4 440) (Loss) / gain on disposal of assets held for sale (34) (99) Net (loss) / profit for the year (269)

3 Key ratios of the Group and the Bank Group Bank Group Bank Return on equity (ROE) (%) 31.25% 23.23% 2.83% -0.14% Return on assets (ROA) (%) 2.34% 2.37% 0.21% -0.01% Securities portfolio's analysis for the Group and the Bank As at SEB banka investments in portfolio, the total book value of which exceeds 10% of the Bank s Shareholders Equity by all representatives of separate country, was only Latvia State Government bonds. The issuer Latvia Trading Investment available for sale Group Total LVL 000 LVL 000 LVL 000 Central government Credit institutions Total The issuer Latvia Trading Investment available for sale Bank Total LVL 000 LVL 000 LVL 000 Central government Credit institutions Total Risk analysis Basic risk analysis principles of AS SEB banka can be found in the Bank s Internet home page chapter Risk Analysis and Control :

4 Shareholders and participation in paid-in share capital Paid-in share capital (LVL thous.) % of total paid-in share capital Skandinaviska Enskilda Banken AB % Total %, the issued and paid-in share capital was divided into thousand ordinary shares with equal voting rights. All shares of the Bank have a par value of LVL 1 each. The Supervisory Council Management of AS SEB banka Name, Surname Knut Jonas Martin Johansson Mark Barry Payne Stefan Stignas Carl Stefan Davill Ted Tony Kylberg Position Chairman of the Council Deputy Chairman of the Council Member of the Council Member of the Council Member of the Council The Board of Directors Name, Surname Ainārs Ozols Ieva Tetere Jūrate Lingiene Gunnar Karlsson Indrek Julge Position Chairman of the Board / President Member of the Board (Deputy Chairman of the Board) / Vice President Member of the Board / Finance director Member of the Board Member of the Board Bank s organisational structure Information on organisation structure of AS SEB banka can be found in the Bank s Internet home page chapter Structure : Information on list of branches of AS SEB banka can be found in the Bank s Internet home page chapter Client Service Centers :

5 Vision, Mission, Strategy Information on Vision, Mission & Strategy of AS SEB banka can be found in the Bank s Internet home page chapter Vision, Mission, Strategy : Ratings SEB banka as a member SEB Group has no separate credit ratings; see SEB Group credit ratings in web page.

6 Composition of the Consolidation Group as at 31 December 2011 Name of company, identification number Country of domicile, registration address Company type Portion of holding in share capital (%) Portion of voting rights in the company (%) Motivation for inclusion in the group AS "SEB banka", reă.nr SIA "SEB līzings", reă.nr IP AS "SEB Wealth Management", reă.nr AS "SEB atklātais pensiju fonds", reă.nr LV, "SEB finanšu centrs", Valdlauči, Meistaru iela 1, Ėekavas pagasts, Ėekavas novads, LV-1076 LV, Krasta iela 105a, Rīga, LV LV, Krasta iela 105a, Rīga, LV LV, Pils iela 23, 103.kab., Rīga, LV-1050 BNK - - MAS CFI 100% 100% MS IPS 100% 100% MS PFO 100% 100% MS *BNK bank, IPS investment management company, PFO pension fund, CFI other financial institution. ** MS subsidiary company, MAS parent company.

7 Information about capital requirements Capital requirements LVL 000 Group Bank Credit risk IRB approach: Institutions Corporates Other retail exposures Total credit risk IRB approach Credit risk Standardised approach: Central governments and central banks 0 0 Local governments and authorities Retail Past due items Other exposure classes Total credit risk Standardised approach Total market risk Standardised approach Operational risk Advanced Measurement approach Summary Credit risk Market risk Operational risk Total Additional requirement according to transitional flooring 0 0 Total regulatory capital requirement