Overview of financial results - 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
Financial and other definitions continued
Banking activities
Available financial resources (Rm)
Economic capital coverage ratio (times)
Cost-to-income ratio (%)
Credit loss ratio (%)
Effective taxation rate (%)
Gross specific impairment coverage (%)
Loan-to-deposit ratio (%)
Net interest margin (%)
Non-interest earning assets (Rm)
Non-interest revenue to total income (%)
Portfolio credit impairments (Rm)
Risk-weighted assets (Rm)
Specific credit impairments (Rm)
The amount of permanent capital that is available to the group to absorb potential
losses.
Available financial resources divided by minimum economic capital requirements.
Operating expenses as a percentage of total income, including profit/(loss) on disposal
of subsidiaries and share of profit/(loss) from associates and joint ventures.
Total impairment charges on loans and advances, per the income statement, as a
percentage of average daily and monthly gross loans and advances.
Direct and indirect taxation as a percentage of income before taxation.
Balance sheet impairments for non-performing specifically impaired loans as a
percentage of specifically impaired loans.
Net loans and advances as a percentage of deposits and current accounts.
Net interest income as a percentage of daily and monthly average total assets,
excluding trading derivative assets.
Includes total trading book assets and rate-insensitive banking book assets, such as
cash and cash equivalents, fixed assets, goodwill and other intangible assets, investment
property, current and deferred tax assets, and other assets. Cash balances with central
banks are specifically excluded as they are utilised to meet liquidity requirements and
are reflected as part of the interest-earning assets to reflect the cost of liquidity.
Derivative assets are also excluded.
Non-interest revenue as a percentage of total income.
Impairment for latent losses inherent in groups of loans and advances that have not yet
been specifically impaired.
Determined by applying prescribed risk weightings to balance sheet and off-balance
sheet exposures according to the relative risk of the counterparty.
Impairment for loans and advances that have been classified as non-performing and
specifically impaired, net of the present value of estimated recoveries.
Abbreviations and acronyms
BCBS
CAGR (%)
CIB
EU
FIC
IASB
ICBC
IFRS
IMF
JSE
LCR (%)
MSCI
NII
NIR
NPLs (Rm)
NSFR (%)
PBB
PTL
SARB
SBG
SBSA
SME
SSA
the “Board”
The group
Liberty
Basel Committee on Banking Supervision
Compound annual growth rate
Corporate & Investment Banking
European Union
Fixed income and currencies.
International Accounting Standards Board
Industrial and Commercial Bank of China Limited
International Financial Reporting Standards
International Monetary Fund
Johannesburg Stock Exchange
Liquidity coverage ratio
Emerging Markets Index Morgan Stanley Capital International Emerging Markets Index
Net interest income
Net interest revenue
Non-performing loans
Net stable funding ratio
Personal & Business Banking
Personal term portfolio
South African Reserve Bank
Standard Bank Group Limited
The Standard Bank of South Africa Limited
Small and medium enterprise
Sub-Saharan Africa
The group’s board of directors.
The Standard Bank of Group
Investment management and life insurance activities of companies in the Liberty
Holdings Group
98