Svenska Handelsbanken Second quarter 2002

Transcription

1 Svenska Handelsbanken Second quarter August 2002

2 Profit and loss account, January - June Handelsbanken Group Q2 Q2 Change SEKm % Net interest income Commission, net Trading, net Other income Total income Staff costs, excl performance-related Performance-related staff costs Other expenses Total expenses Profit before loan losses Loan losses Operating profit

3 Operating profit, quarterly Handelsbanken Group SEK m Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q

4 Net interest income excl. trading, quarterly Handelsbanken Group SEKm Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q

5 Lending to the general public, Sweden Handelsbanken Group, January - June Average volumes SEK bn Change % Mortgage loans Private Corporate Bank loans Private Corporate Total Sweden Private Corporate

6 Lending to the general public Handelsbanken Group January - June Average volumes SEK bn Change % Sweden Other Nordic countries Private Corporate Rest of world Private Corporate Total Private Corporate

7 Lending to the general public Handelsbanken Group January - June Average volumes SEK bn Change % Other Nordic countries Private Corporate Great Britain Private Corporate Rest of world Private Corporate Total Private Corporate

8 Deposits from the general public Handelsbanken Group, January - June Average volumes SEK bn Change % Sweden Private Corporate Outside Sweden Private Corporate Total Private Corporate

9 Commission January June Handelsbanken Group SEK m Change % Brokerage Mutual funds and custody Insurance Payments Lending and deposits Other Commission expenses Total

10 Commission, 2002/2001 Handelsbanken Group Commission, net rokerage Mutual funds & Custody Insurance Payments Lending & Deposits Other Commission expenses EKm

11 The Swedish mutual fund market Net sales Jan Jun 2002 Proportion of total 31 Dec 2001 Handelsbanken 23.2 % 11.4 % Robur 16.8 % 30.3 % SEB 13.7 % 18.4 % Nordea 9.5 % 18.6 % Source: Svensk Fondstatistik/Sparöversikt and SHB Fonder

12 Net trading income, quarterly Handelsbanken Group SEKm Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q

13 Change in expenses, January - June 2002 Handelsbanken Group Comparable expenses Midtbank, SPP and HL 4.8 % -units 7.7 % -units Exchange rate effects 0.7 % -units Total expenses 13.2 % -units

14 Comparable expenses, January - June 2002 Handelsbanken Group Salary increases 1.3 % units Performance-related staff costs -2.8 % units Increased number of employees 0.2 % units Higher IT costs 2.5 % units Expansion outside Sweden 1.1 % units Other expenses 2.5 % units Total comparable expenses 4.8 % units

15 Number of employees Handelsbanken Group 30 Jun Dec 01 Change No of employees From SPP +50 Swedish branch offices -74 IT and development, Sweden excl. SPP -11 Other Nordic countries -15 Handelsbanken Liv, Sweden -11 Rest of world +28 Other -8 No of employees comparable units

16 Operating profit by business area January-June SEKm /- Return on equity Jan - Jun 2002 Branch operations % 18.8 % Markets % 15.2 % Securities % 20.0 % Asset Management % 22.8 % Handelsbanken Finans % 28.7 % Pension & Insurance Stadshypotek Bank % 29.2 % Treasury % 12.0 % Group % 15.9 %

17 Results in other Nordic countries and Great Britain January - June SEKm Change % Norway % Denmark % Finland % Great Britain % Total %

18 Total income in other Nordic countries SEKm Midtbank Bergensbanken 500 Oslo Handelsbank Stavanger Bank *

19 Nordic expansion No of branches No of branches Lending to the general public Volume SEK bn * 0 * As at 30 June 2002

20 * Operating profit Jan-Jun multiplied by 2 Operating profit in other Nordic countries SEKm *

21 Expension in Great Britain Lending to general public GBP m June 2002

22 Key ratios, January - June Handelsbanken Group Return on equity after full tax 15.9 % 20.9 % Cost / income Before loan losses 50.4 % 45.2 % After loan losses 51.3 % 44.6 % Net earnings per share, SEK 5:65 6:59 Moving 12 mth total 11:05 12:91

23 Bad debts as a percentage of lending Handelsbanken Group % 1,2 1,0 0,8 0,6 0,4 0,2 0, June

24 Bad debts as a percentage of lending SHB and other Swedish banks % SHB net/gross Other banks net/gross* * 31 March 2002

25 Loan losses as a percentage of lending Handelsbanken Group % 0,5 0,4 0,3 Other Swedish banks * Handelsbanken 0,2 0,1 0, * 31 March 2002

26 Balance sheet Handelsbanken Group 30 Jun 30 Jun Change SEKm % Lending to the general public Lending to credit institutions Interest-bearing securities Other assets Total assets Depostits and funding from general public Liabilities to credit institutions Issued securities Other liabilities Shareholders equity Total liabilities and equity

27 Capital base and capital ratio Handelsbanken Group SEK bn ,2 % 12,2 % 10,4 % 9,8 % 9,4 % 9,5 % 9,9 % 9,4 % Tier II capital ,3 % 10,0 % 6,2 % 6,3 % 6,5 % 6,4 % 6,1 % 6,3 % Tier 1 capital

28 Return on equity after standard tax 30 June 2002 % Handelsbanken Other listed banks* * 31 March 2002

29 Share price performance up to 12 August 2002 Index SHB General index (AFV) Nordix Bank excl. SHB