BayernLB

Key figures

Income statement (IFRS)
EUR million 1 Jan – 31 Dec
2016
1 Jan – 31 Dec
2015
Change in %
Net interest income 1,475 1,612 -8.5
Risk provisions in the credit business -87 -264 -67.2
Net interest income after risk provisions 1,389 1,348 3.0
Net commission income 296 289 2.2
Gains or losses on fair value measurement 142 -56 -
Gains or losses on hedge accounting -80 -24 >100
Gains or losses on financial investments 274 286 -4.0
Administrative expenses -1,280 -1,168 9.6
Expenses for the bank levy and deposit guarantee scheme -88 -90 -2.0
Other income and expenses 51 71 -27.2
Gains or losses on restructuring 4 -10 -
Profit/loss before taxes 708 646 9.6
Income taxes -158 -150 5.2
Profit/loss after taxes 550 496 10.9
Cost/income ratio (CIR) 59.3% 53.6% 5.7 Pp
Return on equity (RoE) 8.1% 6.7% 1.4 Pp

Balance sheet (IFRS)
EUR million 31 Dec 2016 31 Dec 2015 Change in %
Total assets 212,150 215,713 -1.7
Business volume 251,897 252,468 -0.2
Credit volume 174,225 175,428 -0.7
Total deposits 141,005 146,390 -3.7
Securitised liabilities 39,618 34,840 13.7
Subordinated capital 3,081 4,719 -34.7
Equity 11,056 11,070 -0.1

Banking supervisory capital and ratios under CRR/CRD IV (after close of year)
EUR million 31 Dec 2016 31 Dec 2015 Change in %
Common Equity Tier 1 capital (CET 1 capital) 9,564 10,537 -9.2
Own funds 11,059 12,214 -9.5
Total RWA 65,206 69,606 -6.3
CET 1 ratio 14.7% 15.1% -0.4 pp
CET 1 ratio (fully loaded) 13.2% 12.0% 1.2 pp
Total capital ratio 17.0% 17.6% -0.6 pp

Employees
31 Dec 2016 31 Dec 2015 Change in %
Number of employees 7,133 7,082 +0.7

Current ratings
Long-term Short-term Pfandbriefs*
Fitch Ratings A- F1 AAA
Moody's Investors Service A1 P-1 Aaa

* Applies to public Pfandbriefs (Fitch and Moody's) and mortgage Pfandbriefs