BayernLB

Key figures

Income statement (IFRS)
EUR million 1 Jan – 31 Dec
2015
1 Jan – 31 Dec
2014
Change in %
Net interest income 1,612 1,671 -3.5
Risk provisions in the credit business -264 -1,498 -82.4
Net interest income after risk provisions 1.348 173 >100
Net commission income 258 249 3.4
Gains or losses on fair value measurement -62 -25 >100
Gains or losses on hedge accounting -24 -70 -65.9
Gains or losses on financial investments 286 419 -31.8
Administrative expenses -1,168 -1,171 -0.3
Expenses for the bank levy and deposit guarantee scheme -90 -4 >100
Other income and expenses 102 114 -9.9
Gains or losses on restructuring -10 -33 -67.8
Profit/loss before taxes 640 -348 -
Income taxes -150 99 -
Gains or losses on discontinued operations 0 -1,070 -
Profit/loss after taxes 490 -1,320 -
Cost/income ratio (CIR) 53.8% 49.7% 4.1 Pp
Return on equity (RoE) 5.8% -2.6% 8.5 Pp

Balance sheet (IFRS)
EUR million 31 Dec 2015 31 Dec 2014 Change in %
Total assets 215,711 232,124 -7.1
Business volume 252,466 272,834 -7.5
Credit volume 175,428 182,584 -3.9
Total deposits 146,390 145,773 0.4
Securitised liabilities 34,840 44,285 -21.3
Subordinated capital 4,719 4,722 -
Equity 11,063 11,789 -6.2

Banking supervisory capital and ratios under CRR/CRD IV (after close of year)
EUR million 31 Dec 2015 31 Dec 2014 Change in %
Common Equity Tier 1 capital (CET 1 capital) 10,537 9,822 7.3
Own funds 12,214 11,715 4.3
Total RWA 69,606 76,616 -9.1
CET 1 ratio 15.1% 12.8% 2.3 Pp
CET 1 ratio (fully loaded) 12.0% 10.2% 1.8 Pp
Total capital ratio 17.6% 15.3% 2.3 Pp

Employees
31 Dec 2015 31 Dec 2014 Change in %
Number of employees 7,082 6,842 3.5

Current ratings
Long-term Short-term Pfandbriefs
Fitch Ratings A- F1 AAA
Moody's Investors Service A2 P-1 Aaa