BayernLB

Key figures

Income statement (IFRS)
EUR million 1 Jan – 31 Dec
2017
1 Jan – 31 Dec
2016
Change in %
Net interest income 1,659 1,475 12.5
Risk provisions in the credit business -94 -87 8.2
Net interest income after risk provisions 1,565 1,388 12.7
Net commission income 263 296 -11.1
Gains or losses on fair value measurement 205 142 43.9
Gains or losses on hedge accounting -142 -80 77.2
Gains or losses on financial investments 23 274 -91.4
Administrative expenses -1,258 -1,280 -1.8
Expenses for the bank levy and deposit guarantee scheme -98 -88 -12.1
Other income and expenses 91 51 77.0
Gains or losses on restructuring 2 4 -36.2
Profit/loss before taxes 652 708 -7.9
Income taxes 27 -158 -
Profit/loss after taxes 679 550 23.5
Cost/income ratio (CIR) 59.9% 59.3% 0.6 pp
Return on equity (RoE) 7.4% 8.1% -0.7 pp

Balance sheet (IFRS)
EUR million 31 Dec 2017 31 Dec 2016 Change in %
Total assets 214,521 212,150 1.1
Business volume 255,679 251,897 1.5
Credit volume 183,222 174,225 5.2
Total deposits 146,387 141,005 3.8
Securitised liabilities 41,847 39,618 5.6
Subordinated capital 1,903 3,081 -38.2
Equity 10,816 11,035 -2.0

Banking supervisory capital and ratios under CRR/CRD IV (after close of year)
EUR million 31 Dec 2017 31 Dec 2016 Change in %
Common Equity Tier 1 capital (CET1 capital) 9,393 9,564 -1.8
Own funds 10,756 11,059 -2.7
Total RWA 61,420 65,206 -5.8
CET1 ratio (fully loaded) 15.3% 13.2% 2.1 pp
Total capital ratio 17.5% 17.0% 0.5 pp

Employees
31 Dec 2017 31 Dec 2016 Change in %
Number of employees 7,219 7,133 1.2

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 (Moody's)