Raiffeisen Bank International AG

Earnings Release • Nov 29, 2010

News Details

Ad-hoc | 29 November 2010 07:32

Raiffeisen International: Third Quarter Report 2010

Raiffeisen Bank International AG / Key word(s): Quarter Results/Interim Report

29.11.2010 07:32

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

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Raiffeisen International: Third Quarter Report 2010

• Profit before tax of EUR 524 mn (up 83% y-o-y)
• Consolidated profit (after minorities) of EUR 318 mn (up 105% y-o-y)
• Net interest income of EUR 2,161 mn (down 3% y-o-y)
• General administrative expenses of EUR 1,822 mn (up 9% y-o-y)
• Operating result amounting to EUR 1,354 mn (down 16% y-o-y)
• Provisioning for impairment losses decreased to EUR 837 mn (down 39%
  y-o-y)
• Cost/income ratio of 57.4% (up 6.3PP y-o-y)
• Core Tier 1 Ratio (total risk) of 8.9% (down 0.3PP compared to FY 2009)
• Tier 1 ratio (credit risk) of 13.6% (down 0.5PP compared to FY 2009)
• Tier 1 ratio (total risk) of 10.7% (down 0.3PP compared to FY 2009)

Income Statement in EUR mn 1-9/2010 1-9/2009 7-9/2010 7-9/2009
Net interest income 2,161 2,224 731 729
Provisioning for
impairment losses (837) (1,365) (277) (397)
Net interest income after
provisioning 1,324 859 454 332
Net fee and commission income 921 906 323 322
Net trading income 133 147 39 28
General administrative exp. (1,822) (1,678) (615) (535)
Profit before tax 524 287 220 133
Profit after tax 385 216 173 97
Consolidated profit
(after minorities) 318 156 148 78

Balance Sheet in EUR mn 30/9/10 31/12/09
Equity
(incl. minorities and profit) 7,353 7,000
Total Assets 75,759 76,275

Bank Specific Information 30/9/10 31/12/09
Core Tier 1 ratio, total 8.9% 9.2%
Core capital ratio (Tier 1),
credit risk 13.6% 14.1%
Core capital ratio (Tier 1),
total 10.7% 11.0%
Own funds ratio 12.8% 13.0%

Performance 1-9/2010 1-9/2009
Return on equity (ROE)
before tax 9.8% 6.1%
Consolidated return on equity 6.9% 3.8%
Cost/income ratio 57.4% 51.1%
Earnings per share in EUR* 1.78 0.72

Resources 30/9/10 31/12/09
Number of staff 56,650 56,530
Business outlets 2,952 3,018

* After deduction of the computational compensation for the participation
rights, earnings per share would amount to EUR 2.07 (comparable period: EUR
1.01)

The figures presented in the table above solely refer to Raiffeisen
International Bank-Holding AG (Raiffeisen International), as the merger of
Cembra Beteiligungs AG into Raiffeisen International and the concurrent
change of name from Raiffeisen International to Raiffeisen Bank
International AG had not yet been registered at the commercial register and
therefore was not effective until 30th September 2010. The registration at
the commercial register became effective on 10th October 2010 and the share
was renamed to Raiffeisen Bank International AG at the Vienna Stock
Exchange on 13th October 2010.

Raiffeisen Bank International: Third Quarter 2010 (pro forma)

• Profit before tax of EUR 997 mn
• Consolidated profit (after minorities) of EUR 783 mn
• Net interest income of EUR 2,707 mn
• General administrative expenses of EUR 2,153 mn
• Operating result amounting to EUR 1,897 mn
• Provisioning for impairment losses of EUR 913 mn
• Cost/income ratio of 53.2%
• Core Tier 1 Ratio (total risk) of 8.8%
• Tier 1 ratio (credit risk) of 12.2%
• Tier 1 ratio (total risk) of 9.7%

The figures presented in the following table solely refer to Raiffeisen
Bank International AG and were calculated on a pro forma basis (i.e. under
the hypothetical assumption that the merger of Cembra Beteiligungs AG into
Raiffeisen International had already taken place on 30th September 2010)
and consequently have only informational character.

Income Statement in EUR mn 1-9/2010 7-9/2010
Net interest income 2,707 927
Provisioning for
impairment losses (913) (306)
Net interest income after
provisioning 1,794 621
Net fee and commission income 1,088 373
Net trading income 258 66
General administrative expenses (2,153) (728)
Profit before tax 997 418
Profit after tax 853 337
Consolidated profit
(after minorities) 783 311

Balance Sheet in EUR mn 30/9/10
Equity
(incl. minorities and profit) 10,055
Total assets 143,079

Bank Specific Information 30/9/10
Core tier 1 ratio, total 8.8%
Core capital ratio (Tier 1),
credit risk 12.2%
Core capital ratio (Tier 1),
total 9.7%
Own funds ratio 13.6%

Performance 1-9/2010
Return on equity (ROE)
before tax 14.1%
Consolidated return on equity 12.4%
Cost/income ratio 53.2%
Earnings per share in EUR 3.25

Resources 30/9/10
Number of staff 59,339
Business outlets 2,964

For further information please contact:

Susanne Langer
Head of Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9, A-1030 Vienna
ir@rbinternational.com
phone +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
Österreich
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 München, Berlin, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) Wien (Amtlicher Handel /
Official Market)

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