Investor Presentaiton
Glossary (2/3)
APM
Non Performing Exposure Total
Coverage
Non Performing Exposures
Non Performing Loan Collateral
Coverage
Definitions
Accumulated Provisions and FV adjustment plus the value of the NPE collateral divided by NPEs at the end of the reported period. NPE Total
coverage equals the sum of NPE coverage and NPE collateral coverage.
Non-performing exposures are defined according to "EBA ITS on forbearance and Non Performing Exposures" as exposures that satisfy either or
both of the following criteria: a) material exposures which are more than 90 days past-due b) The debtor is assessed as unlikely to pay its credit
obligations in full without realisation of collateral, regardless of the existence of any past-due amount or of the number of days past due.
Value of collateral received for Non Performing Loans divided by NPLs at the end of the reference period.
Non Performing Loan Coverage Accumulated Provisions and FV adjustments divided by NPLs at the end of the reference period.
Non Performing Loan ratio
NPLs divided by Gross Loans at the end of the reference period.
Non Performing Loan Total
Coverage
Non Performing Loans
Normalized Profit after (Income)
Tax
Accumulated Provisions and FV adjustments plus the value of the NPL collateral divided by NPLs at the end of the reference period. NPL Total
coverage equals the sum of NPL coverage and NPL collateral coverage.
Non Performing Loans are Gross loans that are more than 90 days past-due.
The caption normalized profit after income tax, excluding gains/losses that have been designated as non-recurring, gains/losses recognized either
in the context of planned transactions or the transformation plan of the group.
Gains/losses that have been designated as non-recurring, gains/losses recognized either in the context of planned transactions or the
transformation plan of the group are analysed below for the period H1 2020:
gains less losses on financial transactions and gains less losses on derecognition of financial assets measured at amortised cost of amount
Euro 218 million that mainly relate to gains from sales of bonds and interest-bearing Greek Government and other bonds.
expenses before impairment losses and provisions to cover credit risk of amount Euro 19 million, included in the captions of operating expenses
that have been designated as non-recurring.
Impairment losses and provisions to cover credit risk of amount Euro 234 million which relates to the impact of the global economic crisis caused
by the COVID-19 pandemic.
Income tax on the above mentioned results of amount Euro 5 million (income) as well as amount Euro 54 million (income) that concerns a
reversal of deferred tax liability, which has been calculated on investments classified as "held for sale", as a result of change in tax regime by the
article 20 of the Law 4646/2019, according to which the gains from the sale of the aforementioned investments is exempt from taxation, while the
losses are deductible up to the amount that have been recognized as of 31.12.2019.
H1 2021
Normalised Profit After Tax in H1 2021, adjusted for losses related to Project Galaxy of Euro 2.1 billion and excluding gains on financial
transactions of Euro 91 million, non-recurring expenses of Euro 173 million, transactions related impairment losses of Euro 351 million and tax of
Euro 21 million Project Galaxy of Euro 2.1 billion and excluding gains on financial transactions of Euro 91 million, non-recurring expenses of
Euro 173 million, transactions related impairment losses of Euro 351 million and tax of Euro 21 million.
Relevance of the
metric
Reference
Abbreviation
number
Asset quality metric
13+14
NPE Total
coverage
Asset quality metric
12
NPES
Asset quality metric
Asset quality metric
Asset quality metric
Asset quality metric
Asset quality metric
16
17=1/15
NPL collateral
Coverage
NPL (cash)
Coverage
15/2
NPL ratio
16+17
15
NPL Total
Coverage
NPLs
Profitability metric
Normalised
PAT
64
ALPHA
SERVICES AND HOLDINGSView entire presentation