Standardbank Cover.indd - Standard Bank - Investor Relations

Group results
in brief
Segmental
reporting
Income statement
analysis
Balance sheet
analysis
Capital
management
Key banking legal
entity information
Other information
and restatements
Shareholder
information
The Standard Bank of South Africa
Capital adequacy
SBSA company qualifying regulatory capital (excluding unappropriated profit)
Change
%
Ordinary shareholders’ equity 27 68 382 53 757
Less: Regulatory deductions (64) (11 661) (7 115)
Expected losses exceeding eligible provisions (50%) (>100) (1 352) (624)
Loans to SPVs (first loss credit enhancement) (50%) 95 (2) (38)
Investment in regulated non-banking entities 100 – (20)
Intangible assets (60) (10 307) (6 433)
Less: Regulatory exclusions (>100) (3 932) (1 873)
Non-qualifying foreign currency translation reserve (33) (156) (117)
Non-qualifying other reserves 92 (26) (311)
Unappropriated profit (>100) (3 750) (1 445)
Tier l capital 18 52 789 44 769
Tier ll subordinated debt 45 21 550 14 878
Impairments for performing loans (17) 173 208
Less: Regulatory deductions (34) (4 449) (3 316)
Expected losses exceeding eligible provisions (50%) (>100) (1 352) (624)
Loans to SPVs (first loss credit enhancement) (50%) 95 (2) (38)
Investment in tier II instruments in banks (17) (3 095) (2 654)
Tier ll capital 47 17 274 11 770
Tier lll capital (100) – 300
Total qualifying regulatory capital 23 70 063 56 839
2012
Rm
2011
Rm
SBSA company capital adequacy ratios
Basel II
Minimum
regulatory
requirement
%
Including unappropriated
profits
Excluding unappropriated
profits
2012
%
2011
%
2012
%
2011
%
Total capital adequacy ratio 9.50 14.8 13.5 14.0 13.2
Tier I capital adequacy ratio 7.0 11.3 10.7 10.6 10.4
Core tier I capital adequacy ratio 5.25 11.3 10.7 10.6 10.4
Tier II and III as % of tier I