996 - Banca Antonveneta

Section 2Shareholders' equity and regulatorycapital bank ratios2.1 Area of Application of RegulationsWe note that, in compliance with regulations for thecalculation of the consolidated equity and adequacyratios only the data provided by the banks, financial andoperating companies belonging to the banking group orthat were consolidated on a proportional basis was used.We further note that there are no restrictions orimpediments involving the transfer of equity componentsbetween group companies.2.2 Bank Capital for Supervisory PurposesA. Qualitative information1. Tier I CapitalThe tier 1 capital includes the following net shareholders’equity items (amounts in thousands of euro):a) entirely paid in share capital: 926,266 (item 190of the balance sheet liabilities);b) issue premiums: 2,188,152 (item 180 of thebalance sheet liabilities);c) other reserves: 189,527 (item 170 of thebalance sheet liabilities for the portionconcerning the banking group);d) minority interests: 39,667 (item 210 of thebalance sheet liabilities for the part concerningthe banking group, not including the profitsattributable to minority interests):e) loss for the year: 5,411 (not including the part ofprofit or loss concerning companies which do notbelong to the banking group).Furthermore, the following are applicable to theformation of the tier 1 capital (amounts in thousands ofeuro):f) increases: Innovative equities (preferredsecurities): 300,000 (included under item 30“Short term securities” of the balance sheetliabilities), the main features of which aredescribed in table 3.2 “Detail of item 30Securities issued: subordinated securities”;g) decreases: intangible fixed assets: 845,182(item 130 of the balance sheet assets);2. Tier II CapitalThe following elements make up the tier II capital(amounts in thousands of euro):a) revaluation reserves – financial assets availablefor sale – positive balance: 8,884 (includedunder item 140 of the balance sheet liabilities,excluding the portion of shareholdings in banksand financial companies and the portionconcerning companies which do not belong tothe banking group);b) valuation reserves – special laws on revaluation:70,129 (included in item 140 of the balancesheet liabilities);c) hybrid equity increase instruments andsubordinated liabilities (insofar as the includedportion): 1,268,717 (included under item 10“Due to banks” and 30 “Outstanding securities”in the balance sheet liabilities), the mainfeatures of which are described in tables 1.2“Detail of item 10 Due to banks: subordinatedpayables” and 3.2 “Detail of item 30 Securitiesissued: subordinated securities”;Furthermore, the negative IAS/IFRS prudential filtershave been reduced: 4,442 representing 50% of the totalvaluation reserve amount as under point a) above.3. Tier III CapitalThere is no tier III capital.The overall regulatory capital (total capital) of 4,057,046thousand euro is the sum of the tier I and tier II capital,net of the deduction provided for equity investments ininsurance companies exceeding 20% (79,261 thousandeuro).186