Overview of financial results - Standard Bank - Investor Relations
Overview of financial results - Standard Bank - Investor Relations
Overview of financial results - Standard Bank - Investor Relations
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Group <strong>results</strong><br />
in brief<br />
Segmental<br />
reporting<br />
Income statement<br />
analysis<br />
Balance sheet<br />
analysis<br />
Capital<br />
management<br />
Key banking legal<br />
entity information<br />
Other information<br />
and restatements<br />
Shareholder<br />
information<br />
<strong>Standard</strong> <strong>Bank</strong> Group Analysis <strong>of</strong> <strong>financial</strong> <strong>results</strong> for the six months ended 30 June 2013<br />
Credit impairment charges continued<br />
Balance sheet impairment – roll forward from December 2012<br />
1H13<br />
Opening<br />
balance<br />
Rm<br />
IAS 39<br />
discount<br />
in opening<br />
balance<br />
Rm<br />
Net<br />
provisions<br />
raised and<br />
released 1<br />
Rm<br />
Specific credit impairments<br />
Personal & Business <strong>Bank</strong>ing 8 614 752 4 379<br />
Mortgage loans 4 166 429 1 161<br />
Instalment sale and finance leases 787 50 465<br />
Card debtors 580 62 534<br />
Other loans and advances 3 081 211 2 219<br />
Personal unsecured lending 1 908 92 1 574<br />
Business lending and other 1 173 119 645<br />
Corporate & Investment <strong>Bank</strong>ing 3 901 61 849<br />
Corporate loans 3 721 61 832<br />
Commercial property finance 180 17<br />
Central and other 1 1<br />
Total 12 516 813 5 229<br />
Portfolio credit impairments<br />
Personal & Business <strong>Bank</strong>ing 3 645 176<br />
Mortgage loans 716 90<br />
Instalment sale and finance leases 520 38<br />
Card debtors 494 61<br />
Other loans and advances 1 915 (13)<br />
Personal unsecured lending 1 347 40<br />
Business lending and other 568 (53)<br />
Corporate & Investment <strong>Bank</strong>ing 1 315 20 133<br />
Corporate loans 1 212 20 134<br />
Commercial property finance 103 (1)<br />
Central and other 228 1<br />
Total 5 188 20 310<br />
Total impairments<br />
Personal & Business <strong>Bank</strong>ing 12 259 752 4 555<br />
Mortgage loans 4 882 429 1 251<br />
Instalment sale and finance leases 1 307 50 503<br />
Card debtors 1 074 62 595<br />
Other loans and advances 4 996 211 2 206<br />
Personal unsecured lending 3 255 92 1 614<br />
Business lending and other 1 741 119 592<br />
Corporate & Investment <strong>Bank</strong>ing 5 216 81 982<br />
Corporate loans 4 933 81 966<br />
Commercial property finance 283 16<br />
Central and other 229 2<br />
Total 17 704 833 5 539<br />
Total balance sheet impairments as a % <strong>of</strong> gross loans and advances 2.13<br />
1<br />
New provisions raised less recoveries on the amounts written <strong>of</strong>f in previous years equals the income statement credit impairment charge<br />
(1H13: R5 539 million – R474 million = R5 065 million).<br />
IAS 39<br />
discount<br />
in new<br />
impairments<br />
raised<br />
Rm<br />
Impaired<br />
accounts<br />
written <strong>of</strong>f<br />
Rm<br />
IAS 39<br />
discount<br />
recycled to<br />
net interest<br />
income<br />
Rm<br />
Currency<br />
translation<br />
and other<br />
movements<br />
Rm<br />
1H13<br />
Closing<br />
balance<br />
Rm<br />
IAS 39<br />
discount in<br />
closing<br />
balance<br />
Rm<br />
1H13<br />
Recoveries<br />
<strong>of</strong> amounts<br />
written <strong>of</strong>f<br />
in previous<br />
years 1<br />
Rm<br />
392 (3 042) (270) 136 9 817 874 472<br />
123 (1 107) (159) 52 4 113 393 84<br />
26 (387) (15) 115 965 61 115<br />
30 (356) (24) 1 735 68 135<br />
213 (1 192) (72) (32) 4 004 352 138<br />
138 (836) (48) (69) 2 529 182 103<br />
75 (356) (24) 37 1 475 170 35<br />
6 (1 188) 442 4 004 67 2<br />
6 (1 177) 442 3 818 67 2<br />
(11) 186<br />
2<br />
398 (4 230) (270) 578 13 823 941 474<br />
60 3 881<br />
14 820<br />
19 577<br />
1 556<br />
26 1 928<br />
(85) 1 302<br />
111 626<br />
60 1 508 20<br />
60 1 406 20<br />
102<br />
229<br />
120 5 618 20<br />
392 (3 042) (270) 196 13 698 874 472<br />
123 (1 107) (159) 66 4 933 393 84<br />
26 (387) (15) 134 1 542 61 115<br />
30 (356) (24) 2 1 291 68 135<br />
213 (1 192) (72) (6) 5 932 352 138<br />
138 (836) (48) (154) 3 831 182 103<br />
75 (356) (24) 148 2 101 170 35<br />
6 (1 188) 502 5 512 87 2<br />
6 (1 177) 502 5 224 87 2<br />
(11) 288<br />
231<br />
398 (4 230) (270) 698 19 441 961 474<br />
2.09<br />
48<br />
49
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