Investor Presentaiton
Capital Adequacy
Highlights
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■
CAR declined 1.4% q-o-q to 19.1% and T1 declined 0.5% q-o-q to 12.5%
resulting from a reduction in capital:
Tier 1 capital decreased by AED 0.5 billion in Q1 2012 due to net profit
generation for the quarter being more than offset by the dividend payable in
respect of 2011
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Capital Ratios
-
Basel II (AED billion)
18.7%
19.8%
20.5%
19.1%
10.5%
11.9%
12.6%
13.0%
12.5%
45.6
8.4%
41.8
43.6
43.3
Tier 2 capital decreased by AED 1.8 billion in Q1 2012 as the amortisation
of the MOF T2 deposits commenced, partly offset by higher capital eligibility of
general provisions
25.3
15.2
15.9
16.7
14.9
4.9
Risk Weighted Assets increased by 2% q-o-q to AED 222.1 billion in Q1
2012
26.6
27.7
28.9
28.4
20.4
Q4 08
Q4 09
T2
Q4 10
Q4 11
Q1 12
T1
-T1 %
CAR %
Note: Core Tier 1 Ratio as at Q1 2012 is 10.8%
Risk Weighted Assets - Basel II (AED billion)
Capital Movement Schedule - Basel II (AED billion)
241.3
223.9
10.6
220.5
222.1
226.6
5.2
13.1
13.8
14.0
14.0
31 Dec 2011 to 31 Mar 2012
Capital as at 31 Dec 2011
Tier 1
Tier 2
Total
28.9
16.7
45.6
3.2
2.3
1.5
1.7
Net profits generated
0.6
0.6
FY 2011 dividend payable
(1.1)
(1.1)
225.4
207.6
204.4
206.5
210.9
Interest on T1 securities
(0.1)
(0.1)
Cumulative changes in FV
0.1
0.1
Change in general provisions
0.7
0.7
Amortisation of MOF T2
Q4 08
Q4 09
Q4 10
Q4 11
Q1 12
(2.5)
(2.5)
Other
0.1
(0.1)
Credit Risk
■Market Risk
Operational Risk
Capital as at 31 Mar 2012
28.4
14.9
43.3
Emirates NBD
22
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