Earnings Release • Feb 22, 2012
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Raiffeisen Bank International AG / Keyword(s): Preliminary Results/Final
Results
Raiffeisen Bank International AG: Preliminary Results 2011
Ad hoc announcement transmitted by DGAP - a company of EquityStory AG. The
issuer is solely responsible for the content of this announcement.
Raiffeisen Bank International AG (RBI) announces its preliminary results
for the full year 2011. The information contained in this release is based
on unaudited figures.
Income statement in EUR million 1-12/2011 1-12/2010
Net interest income 3,667 3,578
Net provisioning for impairment losses (1,064) (1,194)
Net fee and commission income 1,490 1,491
Net trading income 363 328
Net income from derivatives
and designated liabilities 413 (84)
Net income from financial investments (141) 137
General administrative expenses (3,120) (2,980)
Other net operating income (232) 6
Profit before tax 1,373 1,287
Profit after tax 974 1,177
Consolidated profit (after minorities) 968 1,087
Statement of financial position in EUR billion 31/12/2011 31/12/2010
Loans and advances to customers 82 76
Deposits from customers 67 58
Total assets 147 131
Routine impairment tests resulted in a goodwill impairment of EUR 183
million on the investment in the bank in Ukraine.
An additional special item is included in 'Net income from derivatives and
designated liabilities': the market appraisal of some of RBI's own issues,
which has been taking place since the end of 2007 (the so-called Fair Value
Option) contributed, in particular in the 4th quarter of 2011, to a higher
valuation gain due to the extended credit spread in 2011, caused by
developments in the capital markets. Net valuations of derivatives related
to a macro hedge have also shown positive development due to the flatter
interest rate curve in the year's last quarter.
The core tier 1 ratio amounted to 9.3 per cent as of 31.12.2011. This
figure includes profits for 2011 after deduction of the dividend on
participation capital, however before dividend for ordinary shares.
On 29 March 2012 RBI will publish the full Annual Report 2011 as well as
further details on the 2011 business year.
Susanne Langer
Head of Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9, 1030 Vienna, Austria
[email protected]
Telefon +43-1-71707-2089
http://www.rbinternational.com
22.02.2012 DGAP’s Distribution Services include Regulatory Announcements,
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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: [email protected]
Internet: www.rbinternational.com
ISIN: AT0000606306
WKN: A0D9SU
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Wien (Amtlicher Handel / Official Market)
End of Announcement DGAP News-Service
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