BRFkredit Interim Financial Report 1st quarter 2018

09.05.2018



‧ Profit before IFRS 9 implementation amounted to  DKK 323m (Q1 2017: DKK 257m)

‧ Pre-tax profit (DKKm) amounted to DKK -84m (Q1 2017: DKK 257m)

‧ Net profit or loss for the period amounted to DKK -65m (Q1 2017: DKK 201m)

‧ Profit for the period p.a. as a pct. of average equity amounted to -1.7 % (Q1 2017: 6.2 %)

‧ Loan impairment charges and provisions for guarantees (ordinary) amounted to DKK 21m (Q1 2017: DKK 92m)

‧ Loan impairment charges and provisions for guarantees (IFRS 9 adjustment) amounted to DKK 407m

‧ Mortgage loans at fair value amounted to DKK 311bn (Q1 2017: DKK 289bn)

‧ Capital and Common Equity Tier 1 capital ratio amounted to 20.7 % (Q1 2017: 18.3 %)

‧ Individual solvency requirement amounted to 9.2 % (Q1 2017: 9.2 %)