Raiffeisen Bank International AG

Earnings Release • Apr 10, 2013

News Details

Ad-hoc | 10 April 2013 07:31

Raiffeisen Bank International AG: Full Year Results 2012

Raiffeisen Bank International AG / Key word(s): Final Results

10.04.2013 07:31

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• Net interest income of EUR 3,472 mn (down 5.3% y-o-y)
• Net provisioning for impairment losses fell to EUR 1,009 mn (down 5.1%
  y-o-y)
• General administrative expenses increased to EUR 3,264 mn (up 4.6% y-o-y)
  due to consolidation and integration of Polbank
• Profit before tax declined to EUR 1,032 mn (down 24.9% y-o-y)
• Consolidated profit decreased to EUR 725 mn (down 25.0% y-o-y)
• NPL ratio increased to 9.8% (up 1.2PP compared to FY 2011)
• Coverage ratio declined to 67.0% (down 1.4PP compared to FY 2011)
• Core Tier 1 ratio (total risk) significantly increased to 10.7% (up 1.6PP
  compared to FY 2011)

Income Statement in EUR mn 1-12/12 1-12/11 10-12/12 10-12/11

Net interest income 3,472 3,667 876 943
Net provisioning for impairment
losses (1,009) (1,064) (385) (282)
Net interest income after
provisioning 2,463 2,604  491 661
Net fee and commission income 1,516 1,490 396 365
Net trading income 215 363 (6) 70
General administrative expenses (3,264) (3,120) (928) (834)
Income from derivatives and
liabilities (127) 413 (20) 264
Net income from financial
investments 318 (141) 19 5
Profit before tax 1,032 1,373 (84) 342
Profit after tax 748 974 (141) 214
Consolidated profit 725 968 (117) 222

Balance Sheet in EUR mn 31/12/12 31/12/11

Equity 10,873 10,936
Total assets 136,116 146,985

Bank Specific Information 31/12/12 31/12/11

Core tier 1 ratio (total risk) 10.7% 9.0%
Tier 1 ratio (credit risk) 13.6% 12.2%
Tier 1 ratio (total risk) 11.2% 9.9%
Own funds ratio 15.6% 13.5%

Performance 1-12/12 1-12/11

Return on equity before tax 9.7% 13.7%
Consolidated return on equity 7.4% 10.8%
Cost/income ratio 63.5% 57.0%
Earnings per share in EUR 2.70 3.95

Resources 31/12/12 31/12/11

Employees 60,084 59,261
Business outlets 3,106 2,928

The outlook was adapted to the changed environment:

• In the context of the expected overall economic developments,
  particularly in CEE, we are aiming for a return on equity before tax of
  around 15 per cent in the medium term. This is excluding any capital
  increases, as well as unexpected regulatory requirements from today's
  perspective.
• In 2013, we plan to slightly increase loans and advances to customers.
  Given the outlook for interest rates, we aim to maintain the net interest
  margin at the level of the previous year. From the customer standpoint, we
  plan to retain our Corporate Customers division as the backbone of our
  business and in the medium term to expand the proportion of business volume
  accounted for by our Retail Customers division.
• In light of the economic prospects, the situation remains tense in
  several of our markets. In 2013, we therefore expect a similar net
  provisioning requirement as in the previous year.
• In 2013, we will once again pay increased attention to cost development.
  We expect a flat or slightly increasing cost base, particularly due to the
  first-time full year consolidation of Polbank.
• Against the backdrop of a permanently changing regulatory environment and
  further strengthening of our balance sheet structure we are continuously
  evaluating the level and structure of our regulatory capital to be able to
  act promptly and flexibly. Depending on market developments, a capital
  increase also continues to be a possible option.

Für weitere Informationen wenden Sie sich bitte an:

Susanne Langer
Leiterin Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Wien, Österreich
ir@rbinternational.com
Telefon +43-1-71707-2089
http://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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