Investor Presentaiton
KBC
NET RESULT
in m EUR
Group Centre BU (1) | Highlights
33
KBC Ireland
21
-34
-39
-32
-68
-35
-15
--2-
-11
-42
-41
-53
-49
-35
-77
1Q21
2Q21
3Q21
4Q21
1Q22*
2Q22
3Q22
4Q22
*As of 1Q 2022, KBC Ireland has been shifted from International Markets Business Unit to Group Centre.
No restatements have been made.
36
of 74
■ Net result of -35m EUR in 4Q22, of which +33m EUR from Ireland
The net result for the Group Centre comprises the results from activities and/or
decisions specifically made for group purposes (see table below for components) and,
as of 1Q22, Ireland
■ Highlights (q-o-q)
Excluding Ireland (see next slide), the q-o-q lower result of Group Centre was
attributable mainly to:
。 Lower net interest income due mainly to:
Higher funding costs of bonds and participations driven by increased EUR rates
✓ Higher subordinated debt and wholesale funding costs due to new issuances in
4Q22
o Lower non-life insurance result
o Higher costs
BREAKDOWN OF NET RESULT AT GROUP CENTRE BU
in m EUR
Group item (ongoing business)
1Q21
2Q21
3Q21
4Q21
1Q22
2Q22
3Q22
4Q22
-34
-37
-50
-81
-34
-37
-33
-92
Operating expenses of group activities
Capital and treasury management
-16
-11
-17
-42
-21
-14
-22
-40
-4
-3
0
4
-16
5
-17
Holding of participations
Group Re
Other
Ongoing results of divestments and companies in run-down
Total
1
0
1
29
-12
-10
-15
-32
18
5
-5
17
0
7
2
-33
-25
-27
-85
-4
-5
-3
0
-5
-3
4
-15
-4
22
22
57
-35
-42
-53
-77
-49
-41
-11
-35
Highlights
Profit & Loss
Capital & Liquidity Looking forward
BU & FY22 view
Company profile
KBC Strategy
Sustainability
Asset quality
MREL & FundingView entire presentation