Note 11

Capital adequacy
Core Capital  
EC capital989989
- ECs owned by the Bank-3-13
Share premium354354
Dividend equalisation fund1 092935
Gift fund125125
Primary capital fund2 3462 183
Value adjustment fund5182
Proposed dividend for the EC holders138114
Proposed dividend for the local community141115
Other equity208228
Total equity5 4415 112
Deferred tax, goodwill and intangible assets-47-47
Value adjustments of financial instruments at fair value-14-14
Value adjustment fund-51-82
Perpetual Hybrid Tier 1 capital800808
Expected losses exceeding actual losses, IRB portfolios-224-175
Proposed dividend for the EC holders-138-114
Proposed dividend for the local community-141-115
Total core capital5 6265 373
Common equity Tier 1 Capital4 8264 565
Supplementary capital  
Subordinated loan capital of limited duration502501
36 % addition for net unrealised gains on shares available for sale00
50 % deduction for equity in other financial institutions00
Total supplementary capital502501
Net equity and subordinated loan capital6 1285 874
Capital requirement by exposure classes  
Exposure classes SA - credit risk31.12.201631.12.2015
Central governments or central banks00
Regional governments or local authorities146
Public sector companies1720
Institutions (banks etc)4652
Companies (corporate customers)05
Mass marked (retail banking customers)00
Secured by mortgage on immovable property00
Exposures in default00
Covered bonds2016
Other items121114
Total capital requirements - credit risk, The Standardised Approach226221
Exposure classes IRB - credit risk31.12.201631.12.2015
Retail - Secured by real estate601562
Retail - Other4646
Specialised lending417512
Other corporate lending467252
IRB-F capital requirements2 1632 145
Total capital requirements - credit risk2 3892 366
Exposure classes SA - market risk31.12.201631.12.2015
Foreign exchange00
Credit value adjustment risk (CVA)2840
Total capital requirements - market risk2840
Operational Risk (Basic Indicator Approach)194190
Deductions from the capital requirement 0
Total capital requirement less transitional rules2 6112 596
Additional capital requirements from transitional rules 1)250
Total capital requirements2 6362 596
Total risk-weighted assets less transitional rules32 65532 455
Total risk-weighted assets from transitional rules2950
Total risk-weighted assets32 95032 455
Minimum requirement common equity Tier 1 capital (4.5 %)1 4831 460
Buffer Requirement31.12.201631.12.2015
Capital conservation buffer (2.5 %)824811
Systemic risk buffer (3.0 %)989974
Countercyclical buffer (1.5%)494325
Total buffer requirements2 3072 110
Available common equity Tier 1 capital after buffer requirements1 037995
Capital adequacy as a percentage of the weighted asset calculation basis incl. transitional rules31.12.201631.12.2015
Capital adequacy ratio18,618,1
Core capital ratio17,016,6
Core Tier 1 capital ratio14,714,1
Leverage Ratio (LR)31.12.201631.12.2015
Leverage Ratio (LR) incl. 50 per cent of the profit for the period8,58,0