Annual Report of Euram Bank Vienna 2017

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3.) In the fiscal year 2017, after a capital increase, the parent company, Euram Holding AG, allocated a capital in the amount of EUR 1,600.0 thousand to Euram Bank. This allocation was included in the (free) capital reserve. In addition, Euram Holding AG has effected an allocation in the amount of EUR 650.0 thousand and this allocation was equally included in the (free) capital reserve. 4.) Euram Bank allocated an amount of EUR 2,129.0 thousand to the revenue reserve in the fiscal year 2017 (none as at 31/12/2016). 5.) Euram Bank allocated an amount of EUR 328.9 thousand to the liability reserve in the fiscal year 2017 (none as at 31/12/2016). 6.) The net profit for the fiscal year 2017 amounts to EUR 289.8 thousand (EUR 439.1 thousand as at 31/12/2016). M. Capital adequacy requirements Euram Bank uses the following methods to calculate its capital adequacy requirements: Credit risk: Operational risk: Risk of adjustment to credit valuation (CVA risk): Standard approach Basic indicator approach Standard method The risk-weighted item amounts for credit risk are EUR 130,798 thousand (EUR 92,322 thousand as at 31/12/2016) and consist of the following: thousand Exposures to central governments or central banks EUR 0 Exposures to regional or local administrative bodies EUR 0 Exposures to multilateral development banks EUR 0 Exposures to institutes EUR 3,314 Exposures to corporates EUR 105,686 Exposures from retail business EUR 2,808 Defaulted exposures EUR 5,227 Exposures secured by real estate property EUR 0 Exposures to institutes and corporates with short-term credit ratings EUR 5,620 Exposures in the form of investment fund units (UCI) EUR 1,669 Investment exposures EUR 160 Other positions EUR 6,314 In the fiscal year 2017, the total amount of risk under Article 92 of CRR – EU Regulation no. 575/2013 amounts to EUR 146,832 thousand (EUR 105,784 thousand as at 31/12/2016). 44 Annual Report 2017
The total exposure of the risk items for Operational risks is EUR 16,034 thousand (EUR 13,462 thousand as at 31/12/2016). N. Supplementary information 1.) Total amount of assets and liabilities in foreign currency: million Assets in foreign currency EUR 87.2 Liabilities in foreign currency EUR 87.1 The foreign currency assets and liabilities essentially concern USD. 2.) In the fiscal year 2017, Euram Bank had a restraint on disposal for an asset amounting to EUR 1.0 million (EUR 0.4 million as at 31/12/2016). 3.) Amounts due from affiliated companies amount to EUR 0.0 million (EUR 1.3 million as at 31/12/2016). 4.) Amounts payable to affiliated companies amount to EUR 0.8 million (EUR 0.6 million as at 31/12/2016). 5.) In the fiscal year 2017, Euram Bank had material transactions with other “related parties” in the amount of EUR 19.7 million (none as at 31/12/2016). 6.) Other provisions in the amount of EUR 0.6 million (EUR 0.4 million as at 31/12/2016) include: thousand Legal, auditing and consultancy costs EUR 124.2 Vacation entitlements not consumed yet EUR 177.1 Bonuses EUR 324.3 7.) From a present-day perspective, obligations arising from the use of fixed assets not reported in the balance sheet amount to EUR 427.6 thousand for the next year (EUR 435.1 thousand as at 31/12/2016), to EUR 2 million for the following five years, and exclusively relate to rent for the use of the office premises. 8.) In the fiscal year 2017, the company did not conclude any currency futures (none as at 31/12/2016). These are basically used to hedge foreign currency positions. The lives of the foreign exchange futures are basically less than one year. 9.) In the fiscal year 2017, Euram Bank had issued one loan to officers and related persons (one such loan as at 31/12/2016) amounting to EUR 665.0 thousand (EUR 665.0 thousand as at 31/12/2016). 10.) In the fiscal year 2017, Euram Bank reports a return on assets (annual result after taxes / total assets) in the amount of 0.77%. Euram Bank AG 45
Page 1: ! Annual Report 2017
Page 4 and 5: 2 Annual Report 2017
Page 6 and 7: „A trade in hand finds gold in ev
Page 12 and 13: interest rate hikes of 25 basis poi
Page 14 and 15: and expenses amounted to EUR 6.1 mi
Page 16 and 17: The annual surplus of the fiscal ye
Page 18 and 19: In the 2018 fiscal year, the Privat
Page 20 and 21: Organizational structure and proces
Page 22 and 23: „The figures are clear“, people
Page 24 and 25: Management of special types of risk
Page 26 and 27: Liquidity risk Liquidity management
Page 28 and 29: A good craftsman keeps his feet on
Page 30 and 31: BALANCE SHEET AS OF DECEMBER 31, 20
Page 32 and 33: PROFIT & LOSS ACCOUNT AS OF DECEMBE
Page 34 and 35: The more complex techniques and con
Page 38 and 39: likely to be permanent. Write-ups o
Page 40 and 41: Fiduciary Receiveables Loans and ad
Page 42 and 43: C.1. Debt instruments issued by pub
Page 44 and 45: Current assets thousand E. Other as
Page 48 and 49: 3. Explanatory note on the profit a
Page 50 and 51: 4. Other notes 1.) In the fiscal ye
Page 52 and 53: Pearls, coins and other objects as
Page 56 and 57: Particularly important audit facts
Page 58 and 59: In case of portfolio impairments, w
Page 60 and 61: - We obtain an understanding of the
Page 62 and 63: Declaration Considering the finding

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