Corporate News
Date of entry: 13 March 2015
Final results for the 2014 financial year:
Bank Austria published its preliminary results for the 2014 financial year on 12 February 2015.
The final and audited financial statements 2014 now confirm the results as published on 12 February 2015.
Some key positions of the financial statements 2014 are:
- Net profit of 1,383 million Euro based on
- solid revenues in operative customer business despite the difficult market environment,
- decreasing operative costs due to strict cost management and
- significantly lower loan loss provisions in Austria and CEE
- Further improved direct funding ratio due to an excellent development of customer deposits and successful issuance activities (Customer loans are covered by customer deposits and debt securities in issue to the extent of 116 per cent)
- Total capital ratio at 13.4 per cent, Common Equity Tier 1 capital ratio at 10.3 per cent (all according to Basel 3 transitional rules)
The Annual Report 2014 of Bank Austria was published on its website and may be downloaded at http://www.bankaustria.at/files/GB2014_EN.pdf.
The attached short overview shows the most important key performance indicators of Bank Austria ("Bank Austria at a glance").
Bank Austria at a glance
| Income statement figures |
|
|
|
|
|
| (EUR million) |
2014 |
|
2013 |
1) |
+/- |
| Net interest |
3,433 |
|
3,470 |
|
-1.1% |
| Dividend income and other income from equity investments |
496 |
|
763 |
|
-35.0% |
| Net fees and commissions |
1,367 |
|
1,386 |
|
-1.4% |
| Net trading, hedging and fair value income |
487 |
|
792 |
|
-38.5% |
| Operating income |
5,890 |
|
6,503 |
|
-9.4% |
| Operating costs |
-3336 |
|
-3387 |
|
-1.5% |
| Operating profit |
2,554 |
|
3,116 |
|
-18.1% |
| Net write-downs of loans and provisions for guarantees and commitments |
-693 |
|
-1313 |
|
-47.2% |
| Net operating profit |
1,860 |
|
1,803 |
|
+3.2% |
| Profit before tax |
1,778 |
|
797 |
|
>100% |
| Net profit attributable to the owners of the parent company |
1,383 |
|
-1542 |
|
n.m. |
n.m. = not meaningful
| Volume figures |
|
|
|
|
|
| (EUR million) |
31 DEC. 2014 |
|
31 DEC. 2013 |
1) |
+/- |
| Total assets |
189,118 |
|
177,503 |
|
6.5% |
| Loans and receivables with customers |
113,732 |
|
114,255 |
|
-0.5% |
| Direct funding (deposits from customers and debt securities in issue) |
132,285 |
|
123,895 |
|
6.8% |
| Equity |
14,925 |
|
15,050 |
|
-0.8% |
| Risk-weighted assets (overall) 2) |
130,351 |
|
118,510 |
|
10.0% |
| Key performance indicators |
|
|
|
|
| |
2014 |
|
2013 |
1) |
| Return on equity after tax (ROE) |
9.7% |
|
n.m. |
|
| Cost/income ratio 3) |
53.9% |
|
49.9% |
|
| Cost of risk (provisioning charge/avg. lending volume) |
0.61% |
|
1.12% |
|
| Loans and receivables with customers/direct funding |
86.0% |
|
92.2% |
|
| Leverage ratio 4) |
5.6% |
|
... |
|
| Common Equity Tier 1 capital ratio (2013: Core Tier 1 capital ratio) 5) |
10.3% |
|
11.3% |
|
| Tier 1 capital ratio 5) |
10.3% |
|
11.6% |
|
| Total capital ratio 5) |
13.4% |
|
13.5% |
|
| Staff |
|
|
|
|
|
| |
31 DEC. 2014 |
|
31 DEC. 2013 |
1) |
+/- |
| Bank Austria (full-time equivalent) |
36,139 |
|
37,753 |
|
-1,614 |
| Central Eastern Europe business segment |
24,007 |
|
24,453 |
|
-447 |
| Ukraine (held for sale) |
4,830 |
|
6,143 |
|
-1,313 |
| Austria (other business segments) |
7,302 |
6) |
7,156 |
|
145 |
| Offices |
|
|
|
|
|
| |
31 DEC. 2014 |
|
31 DEC. 2013 |
1) |
+/- |
| Bank Austria |
1,664 |
|
1,801 |
|
-137 |
| Central Eastern Europe business segment |
1,130 |
|
1,130 |
|
0 |
| Ukraine (held for sale) |
291 |
|
402 |
|
-111 |
| Austria (other business segments) |
243 |
|
269 |
|
-26 |
1) Comparative figures for 2013 recast to reflect the current structure and methodology. / 2) Regulatory risk-weighted assets, 2013 not adjusted. / 3) Cost/income ratio without bank levies. / 4) Leverage ratio under Basel 3 based on the current status of transitional arrangements (average figure for Q4 2014). / 5) Capital ratios based on all risks; 2014 under Basel 3 (transitional) and IFRSs, 2013 under Basel 2.5 and Austrian Business Code; end of period. / 6) The figure as at 31 December 2014 includes 603 full-time equivalents (FTEs) resulting from companies consolidated for the first time as at that date (Immobilien Holding and leasing companies). Adjusted for this effect, FTEs in Austria were 6,698, down by 458 or 6.4% on year-end 2013.
Issuer:
UniCredit Bank Austria AG
Schottengasse 6-8, 1010 Vienna, Austria
e-mail: investor.relations@unicreditgroup.at
Internet: http://IR-en.bankaustria.at
Largest bonds by volume issued:
ISIN Stock exchanges:
XS0372532514 Luxemburg
XS0379307258 Luxemburg
AT000B048988 Vienna
Further stock exchanges where bonds are admitted to listing:
Frankfurt, Stuttgart, Munich
Contact:
Günther Stromenger
Corporate Relations - Bank Austria
phone: +43 (0) 50505 - 57232
e-mail: guenther.stromenger@unicreditgroup.at
