Focus on Germany - Investor Relations - HypoVereinsbank

H1/07:key performance indicators
Adjusted RoE before Taxes 1)
Adjusted RoE after Taxes 1)
Revenues/ RWA 2)
Total RWA (bn) 2)
Core Tier I ratio (%) 2)
Tier I ratio (%) 2)
Total Capital ratio (%) 2)
%
HypoVereinsbank - Investor Relations
6
H1/07
28.1
17.5
5.3
H1/07
157.0
13.0
14.5
18.8
H1/06
20.0
12.8
4.1
FY/06
144.9
13.3
14.9
19.9
Change
in p.p.
+8.1
+4.7
+1.2
Change
in p.p.
+8.3%
-0.3
-0.4
-1.1
� Revenues/RWA increases by 1.2 p.p., mainly
due to significant yoy revenue growth
1) Calculated on allocated capital (defined as 6.8% of average RWA). Net profit used for calculation adjusted for the interests on excess capital. Further adjustments to numerator in H1/07:
disposal gain on Indexchange and Munich Re, one-off interest component for transferred assets; Further adjustments to numerator in H1/06: restructuring costs.
2) RWA figures refer to HVB new (ex discontinued operations), include market risk
positions and are pro-formed for disposal gains on the asset transfers.
� Adjusted ROE after taxes, calculated on
allocated capital, increases by 4.7 p.p. yoy to
17.5%, driven by strong net profit growth
� RWA up by 8.3% ytd, resulting in a mild
decline of capital ratios
� Growth in RWA partly due to the inclusion of
the investment banking business of UBM. Net
of this the trend is a pleasant decline in nonstrategic
assets, offset by growth in operating
business