Raiffeisen Bank International AG

Earnings Release • Mar 27, 2014

Ad hoc announcement

Raiffeisen Bank International AG / Keyword(s): Final Results/Weiteres
Schlagwort

Raiffeisen Bank International AG: Full Year Results 2013

Ad hoc announcement transmitted by DGAP - a company of EQS Group AG. The
issuer is solely responsible for the content of this announcement.

---

• Net interest income of EUR 3,729 mn (up 7.4% y-o-y)
• General administrative expenses increased to EUR 3,340 mn (up 2.5% y-o-y)
  primarily due to Polbank integration, salary inflation in Russia and
  software impairment in Czech Republic
• Net provisioning for impairment losses increased to EUR 1,149 mn (up
  13.9% y-o-y)
• Net income from financial investments of EUR 58 mn (down EUR 261 mn
  primarily due to gain on sale of security portfolio of EUR 163 mn in 2012)
• Net income from derivatives and liabilities of minus EUR 257 mn (down EUR
  129 mn mainly affected by
  EUR 113 mn one-off gain from hybrid tier 1 buyback in 2012)
• Profit before tax declined to EUR 835 mn (down 19.5% y-o-y) mainly due to
  substantial one-offs in 2012
• Consolidated profit decreased to EUR 557 mn (down 23.6% y-o-y)
• NPL ratio increased to 10.7% (up 0.9PP compared to FY 2012)
• NPL coverage ratio decreased to 63.1% (down 3.9PP compared to FY 2012)
• Core tier 1 ratio stable at 10.7% compared to FY 2012
• Common equity tier 1 ratio (fully phased-in) of 10.1% pro forma for
  capital increase
• Leverage ratio of 5.7% comfortably surpasses the 3% envisaged regulatory
  ratio

Income Statement in EUR mn 2013 2012 Q4/2013 Q4/2012
Net interest income 3,729 3,472 953 876
Net provisioning for
impairment losses (1,149) (1,009) (350) (385)
Net interest income after
provisioning 2,580 2,463 603 491
Net fee and commission
income 1,626 1,516 424 396
Net trading income 321 215 81 (6)
General administrative
expenses (3,340) (3,258) (910) (922)
Net income from derivatives
and liabilities (257) (127) (14) (20)
Net income from financial
investments 58 318 (15) 19
Profit before tax 835 1,037 138 (78)
Profit after tax 603 752 142 (137)
Consolidated profit 557 730 146 (113)

Balance Sheet in EUR mn 31/12/13 31/12/12
Equity 10,364 10,873
Total assets 130,640 136,116
NPL ratio 10.7% 9.8%
NPL coverage ratio 63.1% 67.0%

Bank Specific Information 31/12/13 31/12/12
Core tier 1 ratio 10.7% 10.7%
Tier 1 ratio 11.2% 11.2%

Performance 2013 2012
Net interest margin 3.11% 2.66%
Return on equity before tax 7.8% 9.7%
Consolidated return on
equity 5.5% 7.4%
Cost/income ratio 58.3% 61.5%
Earnings per share in EUR 1.83 2.72

Resources 31/12/13 31/12/12
Employees 57,901 60,084
Business outlets 3,025 3,106

The outlook was adapted to the changed environment:

• We aim to slightly increase loans and advances to customers in 2014.
• We expect the net provisioning requirement in 2014 to remain at around
  the same level as in the prior year, however, results may be impacted by
  the ECB Asset Quality Review process. The developments in Ukraine and their
  potential effects on the region are hereby also not taken into
  consideration.
• In the course of our cost reduction program, we plan to reduce general
  administrative expenses to the level of 2012 by 2016. We aim to achieve a
  cost/income ratio of between 50 to 55 per cent by 2016. We plan to maintain
  2014 costs at around the same level as 2013.
• We aim for a return on equity before tax of approximately 15 per cent in
  the medium term.

For further information please contact:

Susanne E. Langer
Head of Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com

27.03.2014 DGAP’s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: Raiffeisen Bank International AG
Am Stadtpark 9
A-1030 Vienna
Austria
Phone: +43-1-71707-2089
Fax: +43-1-71707-2138
E-mail: ir@rbinternational.com
Internet: www.rbinternational.com
ISIN: AT0000606306
WKN: A0D9SU
Listed: Wien (Amtlicher Handel / Official Market)

End of Announcement DGAP News-Service

---