BRFkredit Interim Financial Report - First nine months 2016

27.10.2016



Summary

  • Core income: DKK 1,491m (Q1 - Q3 2015: DKK 1,298m).
  • The pre-tax profit of DKK 934m (Q1 - Q3 2015: DKK 632m) corresponded to a return of 10.6% p.a. on opening equity (Q1 - Q3 2015: 7.6% p.a.).
  • The net profit for the period of DKK 730m (Q1 - Q3 2015: DKK 485m) corresponded to a return of 8.3% p.a. on opening equity (Q1 - Q3 2015: 5.8% p.a.).
  • Loan impairment charges and provisions for guarantees: income of DKK 20m (Q1 - Q3 2015: expenses of DKK 21m).
  • Mortgage loans: DKK 276.7bn (end of 2015: DKK 250.9bn).
  • Capital ratio: 18.3% (end of 2015: 19.1%), and Common Equity Tier 1 capital ratio: 18.3% (end of 2015: 18.9%).
  • Individual solvency requirement: 9.3% (end of 2015: 9.6%).
  • Capital requirement - transitional rules 13.1% (end of 2015: 12.6%).