Raiffeisen Bank International AG

Quarterly Report • Nov 27, 2013

News Details

Ad-hoc | 27 November 2013 07:32

Raiffeisen Bank International AG: Third Quarter Report 2013

Raiffeisen Bank International AG / Key word(s): Quarter Results/9-month figures

27.11.2013 07:32

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

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• Net interest income of EUR 2,776 mn (up 7.0% y-o-y)
• General administrative expenses increased to EUR 2,430 mn (up 4.0% y-o-y)
  primarily due to Polbank integration and salary adjustments in Russia
• Net provisioning for impairment losses increased to EUR 800 mn (up 28.3%
  y-o-y)
• Net income from financial investments fell to EUR 73 mn (minus EUR 226
  mn, primarily due to sale of security portfolio in prior year)
• Net income from derivatives and liabilities of minus EUR 243 mn (down EUR
  135 mn, mainly affected by valuation effects from credit spreads on own
  liabilities and gain from hybrid tier 1 buyback in H1 2012)
• Profit before tax declined to EUR 696 mn (down 37.6% y-o-y)
• Tax rate of 34% (up 14PP y-o-y) due to valuations and other items which
  are not fully tax deductible
• Consolidated profit decreased to EUR 411 mn (down 51.2% y-o-y)
• Core tier 1 ratio of 10.1% (total risk); including 9M retained earnings
  10.2%
• Leverage ratio of 5.4% comfortably surpasses the 3% envisaged regulatory
  ratio

Income Statement in EUR mn 1-9/2013 1-9/2012 7-9/2013 7-9/2012
Net interest income 2,776 2,596 940 834
Net provisioning for impairment
losses (800) (623) (330) (224)

Net interest income after
provisioning 1,977 1,973 610 611

Net fee and commission income 1,203 1,120 417 400

Net trading income 240 220 100 54

General administrative expenses (2,430) (2,336) (813) (818)

Net income from derivatives and
liabilities (243) (108) (56) (88)

Net income from financial
investments 73 299 9 46

Profit before tax 696 1,115 229 188

Profit after tax 461 889 149 155

Consolidated profit 411 842 134 142

Balance Sheet in EUR mn 30/9/13 31/12/12

Equity 10,354 10,873

Total assets 131,034 136,116

NPL ratio 10.3% 9.8%

NPL coverage ratio 66.1% 67.0%

Bank Specific Information 30/9/13 31/12/12

Core tier 1 ratio (total risk) 10.1% 10.7%

Tier 1 ratio (credit risk) 12.9% 13.6%

Tier 1 ratio (total risk) 10.6% 11.2%

Performance 1-9/2013 1-9/2012

Net interest margin 3.08% 2.60%

Return on equity before tax 8.6% 14.1%

Consolidated return on equity 5.4% 11.7%

Cost/income ratio 56.9% 58.4%

Earnings per share in EUR 1.34 3.55

Resources 30/9/13 31/12/12

Employees 58,772 60,084

Business outlets 3,051 3,106

For further information please contact:

Susanne 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

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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: ir@rbinternational.com
Internet: www.rbinternational.com
ISIN: AT0000606306
WKN: A0D9SU
Listed: Freiverkehr in Berlin, München, Stuttgart; Frankfurt in Open
Market ; Wien (Amtlicher Handel / Official Market)

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