ING Direct 2015 Annual Report Download - page 245

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Contents
Report of the
Executive Board
Corporate
Governance
Consolidated
annual accounts
Parent company
annual accounts
Other
information
Additional
information
Additional Pillar III information - continued
2015
2014
2015 rules
2016 rules
2019 rules
2014 rules
2015 rules
2019 rules
(CRR/CRD IV
phased in)
(CRR/CRD IV
phased in)
(CRR/CRD IV
fully
loaded)
(CRR/CRD IV
phased in)
(CRR/CRD IV
phased in)
(CRR/CRD IV
fully loaded)
Shareholders' equity
40,857
40,857
40,857
38,064
38,064
38,064
Regulatory adjustments:
Minority interests, counting as Common equity Tier 1
305
305
305
265
265
265
Goodwill and Intangibles deductible from Tier 1
–627
–940
–1,567
–331
–662
–1,655
Provision shortfall2
–454
–681
–1,135
–263
–525
–1,313
Revaluation reserve debt securities
–758
–505
–1,597
–958
Revaluation reserve equity securities
–1,580
–1,053
–2,018
–1,211
Revaluation reserve real estate
–196
–130
–291
–175
Revaluation reserve cash flow hedge
–675
–675
–675
–875
–875
–875
Position in own shares
–18
–18
–18
–46
–46
–46
Prudent valuation adjustment
–44
–44
–44
–35
–35
–35
Investments >10% FI, exceeding 10% threshold
–17
–5
–41
Prudential filters:
Own credit risk
89
89
89
212
212
212
Defined benefit remeasurement (IAS19R)
244
183
370
296
Net defined benefit pension fund assets
–257
–386
–643
–118
–236
–589
Deferred tax assets
–113
–169
–282
–54
–108
–271
Own credit risk adjustments to derivatives (DVA)
–21
–32
–53
–9
–19
–47
Other
–1
–1
–1
Available capital - Common equity Tier 1
36,753
36,801
36,834
33,256
33,981
33,668
Subordinated loans qualifying as Tier 1 capital3
7,248
7,248
7,248
5,727
5,727
5,727
Deduction of goodwill and other intangibles1
–940
–627
–1,324
–993
Provision shortfall2
–340
–227
–525
–394
Investments >10% FI, exceeding 10% threshold
–34
–4
Minority interests, counting as Additional Tier 1 capital
Available capital - Tier 1
42,721
43,195
44,083
37,100
38,317
39,395
Supplementary capital - Tier 23
8,570
8,570
8,570
9,371
9,371
9,371
Provision shortfall2
–340
–227
–525
–394
IRB excess provision
Investments >10% FIs, exceeding 10% threshold
–34
–4
Minority interests, counting as Tier 2 capital
102
102
102
103
103
103
Available Tier 3 funds
0
0
0
BIS capital
51,052
51,640
52,754
46,015
47,394
48,869
Risk-weighted assets
318,202
318,202
318,202
296,319
296,497
296,427
Common Equity Tier 1 ratio
11.55%
11.57%
11.58%
11.22%
11.46%
11.36%
Tier 1 ratio
13.43%
13.57%
13.85%
12.52%
12.92%
13.29%
Total capital ratio
16.04%
16.23%
16.58%
15.53%
15.98%
16.49%
RWAs based on 80% Basel I floor
365,891
365,891
365,891
343,767
343,767
343,767
Total capital ratio based on Basel I floor
13.95%
14.11%
14.42%
13.39%
13.79%
14.22%
1 Intangibles: mainly capitalised software
2 In CRR/CRD IV the provision shortfall is deducted fully from Common Equity Tier 1. During the phase-in period (until 2017) , the part of the shortfall that is not
deducted from CET1 Capital is substracted 50%/50% from additional Tier 1 and Tier 2 Capital.
3 Assuming that non CRR/CRD IV eligible Tier 1 and Tier 2 capital will be replaced by CRR/CRD IV eligible equivalents before they stop to meet the CRR/CRD IV
grandfathering conditions.
ING Bank Capital position
ING Bank Annual Report 2015 243