SYDBANK – INTERIM REPORT – Q1-Q3 2020 4/43 Group Financial Highlights Q1-Q3 2020 Q1-Q3 2019 Index 20/19 Q3 2020 Q3 Full year 2019 2019 Income statement (DKKm) Core income Trading income Total income Costs, core earnings Core earnings before impairment Impairment of loans and advances etc Core earnings Investment portfolio earnings Profit before non-recurring items Non-recurring items, net Profit before tax Tax Profit for the period 2,711 2,729 99 882 924 3,655 204 186 110 88 50 224 2,915 2,915 100 970 974 3,879 2,046 2,080 98 628 651 2,783 869 835 104 342 323 1,096 46 (49) - 4 (15) (97) 823 884 (33) (47) 93 338 338 1,193 70 0 (19) (61) 790 837 94 338 319 1,132 (55) (27) 204 (18) 12 (51) 735 810 91 320 331 1,081 162 152 107 71 62 228 573 658 87 249 269 853 Balance sheet highlights (DKKbn) Loans and advances at amortised cost Loans and advances at fair value Deposits and other debt Bonds issued at amortised cost Subordinated capital AT1 capital Shareholders’ equity Total assets 56.0 16.1 82.9 7.4 1.9 0.8 11.5 151.1 60.9 12.5 89.1 7.4 1.9 0.8 10.8 162.5 92 56.0 60.9 60.6 129 16.1 12.5 12.6 93 82.9 89.1 84.3 100 7.4 7.4 7.4 100 1.9 1.9 1.9 100 0.8 0.8 0.8 106 11.5 10.8 11.0 93 151.1 162.5 147.7 Financial ratios per share (DKK per share of DKK 10) Profit for the period Share price at end of period Book value Share price/book value Average number of shares outstanding (in millions) Dividend per share 9.1 99.6 194.2 0.51 59.0 - 10.3 120.8 181.3 0.67 60.7 - 4.0 99.6 194.2 0.51 58.6 - 4.3 120.8 181.3 0.67 60.1 - 13.4 139.8 184.9 0.76 60.4 - Other financial ratios and key figures CET1 ratio 20.1 16.2 20.1 16.2 17.8 T1 capital ratio 21.8 17.8 21.8 17.8 19.4 Capital ratio 25.6 21.2 25.6 21.2 22.9 Pre-tax profit as % p.a. of average equity 8.3 9.7 10.9 11.9 9.7 Post-tax profit as % p.a. of average equity 6.4 7.8 8.4 9.5 7.5 Costs (core earnings) as % of total income 70.2 71.4 64.7 66.8 71.7 Return on assets (%) 0.4 0.4 0.2 0.2 0.6 Interest rate risk 1.0 1.3 0.0 1.3 1.6 Foreign exchange position 2.0 2.5 0.0 2.5 1.6 Foreign exchange risk 0.0 0.0 0.0 0.0 0.0 Liquidity, LCR (%) 231 133 231 133 174 Loans and advances relative to deposits 0.6 0.6 0.6 0.6 0.6 Loans and advances relative to equity 5.1 5.6 5.1 5.6 5.5 Growth in loans and advances during the period (7.6) (0.2) 0.8 0.0 (0.7) Total large exposures 153 153 153 153 143 Accumulated impairment ratio 2.8 3.1 2.8 3.1 2.7 Impairment ratio for the period 0.06 (0.06) 0.01 (0.02) (0.12) Number of full-time staff at end of period 1,983 2,074 96 1,983 2,074 2,030 When calculating financial ratios AT1 capital is considered a liability regardless of the fact that it is accounted for as equity. Reference is made to financial ratio definitions in the 2019 Annual Report (page 112).
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