Note 11

Capital adequacy
Core Capital   
EC capital989989989
- ECs owned by the Bank-13-15-13
Share premium354354354
Dividend equalisation fund936799935
Gift fund125125125
Primary capital fund2 1832 0442 183
Value adjustment fund823482
Proposed dividend for the EC holders00114
Proposed dividend for the local community00115
Other equity229238228
Accumulated profit for the period2682670
Total equity5 1534 8355 112
Deferred tax, goodwill and intangible assets-51-50-47
Value adjustments of financial instruments at fair value-14-12-14
Value adjustment fund-82-34-82
Perpetual Hybrid Tier 1 capital807805808
Expected losses exceeding actual losses, IRB portfolios corporate-121-255-175
Proposed dividend for the EC holders00-114
Proposed dividend for the local community00-115
Accumulated profit for the period-268-2670
Total core capital5 4235 0225 373
Common equity Tier 1 Capital4 6164 2174 565
Supplementary capital   
Subordinated loan capital of limited duration501502501
36 % addition for net unrealised gains on shares available for sale000
50 % deduction for equity in other financial institutions000
Total supplementary capital501502501
Net equity and subordinated loan capital5 9245 5245 874
Capital requirement by exposure classes   
Exposure classes SA - credit risk30.06.201630.06.201531.12.2015
Central governments or central banks000
Regional governments or local authorities1156
Public sector companies222120
Institutions (banks etc)664152
Companies (corporate customers)3295
Mass marked (retail banking customers)000
Secured by mortgage on immovable property000
Exposures in default000
Covered bonds181416
Other items11993114
Total capital requirements - credit risk, The Standardised Approach247211221
Exposure classes IRB - credit risk30.06.201630.06.201531.12.2015
Retail - Secured by real estate584570562
Retail - Other465246
Specialised lending500495512
Other corporate lending263185252
IRB-F capital requirements2 0772 1862 145
Total capital requirements - credit risk2 3242 3972 366
Exposure classes SA - market risk30.06.201630.06.201531.12.2015
Foreign exchange000
Credit value adjustment risk (CVA)411840
Total capital requirements - market risk411840
Operational Risk (Basic Indicator Approach)194190190
Deductions from the capital requirement000
Total capital requirement less transitional rules2 5592 6052 596
Additional capital requirements from transitional rules 1)6300
Total capital requirements2 62244 98045 155
Total risk-weighted assets less transitional rules31 99032 58032 455
Total risk-weighted assets from transitional rules79300
Total risk-weighted assets32 78332 58032 455
Minimum requirement common equity Tier 1 capital (4.5 %)1 4751 4661 460
Buffer Requirement30.06.201630.06.201531.12.2015
Capital conservation buffer (2.5 %)820815811
Systemic risk buffer (3.0 %)983977974
Countercyclical buffer (1.0%)492 325
Total buffer requirements2 2951 7922 110
Available common equity Tier 1 capital after buffer requirements846959995
Capital adequacy as a percentage of the weighted asset calculation basis incl. transitional rules30.06.201630.06.201531.12.2015
Capital adequacy ratio18.017.018.1
Capital adequacy ratio incl. 50 per cent of the profit for the period18.517.4 
Core capital ratio16.515.416.6
Core capital ratio incl. 50 per cent of the profit for the period17.015.8 
Core Tier 1 capital ratio14.113.014.1
Core Tier 1 capital ratio incl. 50 per cent of the profit for the period14.513.5 
Leverage Ratio (LR)30.06.201630.06.201531.12.2015
Leverage Ratio (LR)