Sydbank — Audit Report / Information 2016

Jul 29, 2016

2016 EU-wide Stress Test

Bank Name	Sydbank
LEI Code	GP5DT10VX1QRQUKVBK64
Country Code	DK

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2016 EU-wide Stress Test: Summary

Sydbank

| (mln EUR, %) | Actual
(starting year) | Baseline Scenario | Adverse Scenario |
| --- | --- | --- | --- |
| | 31-12-2015 | 31-12-2018 | 31-12-2018 |
| Cumulative 3y: Net interest income | | 1,007.12 | 970.57 |
| Cumulative 3y: Gains or (-) losses on financial assets and liabilities held for trading or designated at fair value through profit and loss, net | | 0.00 | -173.30 |
| Cumulative 3y: (Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss) | | -177.74 | -429.08 |
| Cumulative 3y: Profit or (-) loss for the year | | 369.90 | -118.17 |
| Coverage ratio - Default stock | 53.40% | 51.03% | 49.67% |
| Common Equity Tier 1 capital | 1,320.81 | 1,513.96 | 1,197.84 |
| Total Risk exposure amount | 9,110.27 | 9,110.68 | 9,492.72 |
| Common Equity Tier 1 ratio, % | 14.5% | 16.6% | 12.6% |
| Fully loaded Common Equity Tier 1 ratio, % | 14.5% | 16.6% | 12.6% |
| Tier 1 capital | 1,451.21 | 1,588.48 | 1,272.35 |
| Total leverage ratio exposures | 19,247.32 | 19,247.32 | 19,247.32 |
| Leverage ratio, % | 7.5% | 8.3% | 6.6% |
| Fully loaded leverage ratio, % | 6.9% | 7.9% | 6.2% |
| Memorandum items | | | |
| Total amount of instruments with mandatory conversion into ordinary shares upon a fixed date in the 2016 -2018 period (cumulative conversions)¹ | | | 0 |
| Total Additional Tier 1 and Tier 2 instruments eligible as regulatory capital under the CRR provisions that convert into Common Equity Tier 1 or are written down upon a trigger event² | | | 0 |
| Of which: eligible instruments whose trigger is above CET1 capital ratio in the adverse scenario² | | | 0 |

¹ Conversions not considered for CET1 computation
² Excluding instruments with mandatory conversion into ordinary shares upon a fixed date in the 2016 -2018 period

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2016 EU-wide Stress Test: Credit risk IRB

Sydbank

2015 EUR, %	30.12.2016
		Restricted rebate			With treatment schedule				Block of promotion				Coverage Ratio (default block)
		0-25%		7-25%	0-25%		7-25%	0-25%		7-25%
		Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted
Sydbank	Relevant status and central governments	0	0	0	0	0	0	0	0	0	0	0	0
	Centralities	0	0	0.00%	0.00	0	0	0.00	0	0	0.00	0.00	0.11%
	Europassion	0	0	0.00%	0.00	0	0	0.00	0	0	0	0	0
	Europassion - 25 March 2008	0	0	0.00%	0.00	0	0	0.00	0	0	0	0.00	0.00
	Brazil	0	0	0.00%	0	0	0	0	0	0	0	0	0
	Brazil - Restricted on real estate property	0.00%	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Restricted on real estate property - 25 March 2008	0.00	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Restricted on real estate property - 25 March non-2008	0.00	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Resolving technology	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Other Retail	0.00%	0.00	0.00	0.00	0.00	0.00	0.00	0	0.00	0.00	0.00	0.00
	Brazil - Other Retail - 25 March 2008	0.00	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Other Retail - 25 March non-2008	0.00	0	0	0	0	0	0	0	0	0	0	0
Europe	0	0	0	0	0	0	0	0	0	0	0	0
Other	0	0	0	0	0	0	0	0	0	0	0	0
Other non-credit obligation assets		0	0	0	0	0	0	0	0	0	0	0	0

• Unregulated as: Block of promotion for defaulters block - Difficult block per different 5 paragraphs (15 and 25 of the fMRI-submitted note)

2016 EUR, %	30.12.2016
		Restricted rebate			With treatment schedule				Block of promotion				Coverage Ratio (default block)
		0-25%		7-25%	0-25%		7-25%	0-25%	0-25%		7-25%
		Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted
Denmark	Relevant status and central governments	0	0	0	0	0	0	0	0	0	0	0	0
	Centralities	0	0	0.00%	0.00	0	0	0.00	0	0	0	0	0
	Europassion	0	0	0.00%	0.00	0	0	0.00	0	0	0	0	0
	Europassion - 25 March 2008	0	0	0.00%	0.00	0	0	0.00	0	0	0	0	0
	Brazil	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Restricted on real estate property	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Restricted on real estate property - 25 March 2008	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Restricted on real estate property - 25 March non-2008	0.00	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Resolving technology	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Other Retail	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Other Retail - 25 March 2008	0.00	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Other Retail - 25 March non-2008	0.00	0	0	0	0	0	0	0	0	0	0	0
Norway	0	0	0	0	0	0	0	0	0	0	0	0
Other	0	0	0	0	0	0	0	0	0	0	0	0
Other non-credit obligation assets		0	0	0	0	0	0	0	0	0	0	0	0

• Unregulated as: Block of promotion for defaulters block - Difficult block per different 5 paragraphs (15 and 25 of the fMRI-submitted note)

2016 EUR, %	30.12.2016
		Restricted rebate			With treatment schedule				Block of promotion				Coverage Ratio (default block)
		0-25%		7-25%	0-25%		7-25%	0-25%	0-25%		7-25%
		Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted
Germany	Relevant status and central governments	0	0	0	0	0	0	0	0	0	0	0	0
	Centralities	0	0	0.00%	0.00	0	0	0.00	0	0	0	0	0
	Europassion	0	0	0.00%	0.00	0	0	0.00	0	0	0	0	0
	Europassion - 25 March 2008	0	0	0.00%	0.00	0	0	0.00	0	0	0	0	0
	Brazil	0	0	0.00%	0.00	0	0	0.00	0	0	0	0	0
	Brazil - Restricted on real estate property	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Restricted on real estate property - 25 March 2008	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Resolving technology	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Other Retail	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Other Retail - 25 March 2008	0	0	0	0	0	0	0	0	0	0	0	0
	Brazil - Other Retail - 25 March non-2008	0	0	0	0	0	0	0	0	0	0	0	0

• Unregulated as: Block of promotion for defaulters block - Difficult block per different 5 paragraphs (15 and 25 of the fMRI-submitted note)

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2016 EU-wide Stress Test: Credit risk IRB

Sydbank

Kort Aids, Tm	Total IRB, %
		Exposure criteria			Risk exposure estimates				Block of provisions				Causing for a natural event
		0.000	Non-exposure	0.000	0.000	Non-exposure	0.000	0.000	0.000	0.000	0.000	0.000
Lachtenstein	Excess excess from natural governments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
	Contribution
	Excess excess	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
	Excess excess	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
	Total	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
	Total, Excess excess	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
	Excess excess	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
	Total, Excess excess	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000

• Computed as: Stock of provisions for defaulted stock - default stock are defined in paragraphs 58 and 61 of the Metrodological index

Kort Aids, Tm	No. Ex. IRB
Exposure criteria	Risk exposure estimates
0.000	Non-exposure
	Excess excess from natural governments
Contribution
Excess excess	0.000
Excess excess	0.000
Total	0.000
Total, Excess excess	0.000
Total, Excess excess	0.000
Total, Excess excess

• Computed as: Stock of provisions for defaulted stock - default stock are defined in paragraphs 58 and 61 of the Metrodological index

Kort Aids, Tm	Total IRB, %
		Exposure criteria			Risk exposure estimates				Block of provisions				Causing for a natural event
		0.000	Non-exposure	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total IRB, %		0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000

• Computed as: Stock of provisions for defaulted stock - default stock are defined in paragraphs 58 and 61 of the Metrodological index

Kort Aids, Tm	Total IRB, %
		Exposure criteria			Risk exposure estimates				Block of provisions				Causing for a natural event
		0.000	Non-exposure	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total IRB, %		0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000

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2016 EU-wide Stress Test: Credit risk IRB

Sydbank

2016-03-31	Exposure phase				Risk exposure (standard)				Music & purchase				Exposure to a limited risk
		AUDIT		TARS		AUDIT		TARS		AUDIT		TARS
		No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted		Elevated
2016-03-31	Credit cards and cannot government
	Investments
	Investments of Music (assistant credits)
	Investments of Music (IRB)
	Bargain
	Other: Second or not under projects
	Other: Third or not under projects - IF black, 046
	Other: First time or not under projects - IF black, 046
	Other: Second or not under projects - IF black, 046
	Other: Third time
Other: First time - IF black, 046
2016-03-31	Credit cards
	Investments
2016-03-31	0	0	0	0	0	0	0	0	0	0	0	0	0	0
2016-03-31	Exposure phase				Risk exposure (standard)				Music & purchase				Exposure to a limited risk
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		AUDIT		TARS		AUDIT		TARS		AUDIT		TARS
		No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted		Elevated
2016-03-31	Credit cards and cannot government
	Investments
	Investments of Music (assistant credits)
	Investments of Music (IRB)
	Bargain
	Other: Second or not under projects
	Other: Third or not under projects - IF black, 046
	Other: First time or not under projects - IF black, 046
	Other: Third time
	Other: First time - IF black, 046
2016-03-31	Credit cards
	Investments
2016-03-31	0	0	0	0	0	0	0	0	0	0	0	0	0	0
2016-03-31	Exposure phase				Risk exposure (standard)				Music & purchase				Exposure to a limited risk
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		AUDIT		TARS		AUDIT		TARS		AUDIT		TARS
		No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted	Elevated	No adjusted		Elevated
2016-03-31	Credit cards and cannot government
	Investments
	Investments of Music (assistant credits)
	Investments of Music (IRB)
	Bargain
	Other: Second or not under projects
	Other: Third or not under projects - IF black, 046
	Other: Second or not under projects - IF black, 046
	Other: Third time
	Other: First time - IF black, 046

---

2016 EU-wide Stress Test: Credit risk IRB

Sydbank

(300 EUR, %)	Baseline Scenario
		31-11-2016		31-12-2017		31-12-2018		31-12-2019
		Unassigned rate	Avul of Prevalence	Coverage Ratio: Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio: Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio: Spital Result
Sydbank	General health and medical government	1	0	1	0	1	0	1	0	1
	Participants	1	0	1	0	1	0	1	0	1
	Corporate	0.7%	96%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%
	Hospital	0.7%	96%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%
	Rural	0.7%	96%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%
	Urban	0.7%	96%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%
	Socio-	0.7%	96%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%
	Other	0.7%	96%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%
	Total	0.7%	96%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%
	Total	0.0%	40%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%
	Total	0.0%	40%	31.3%	0.9%	31%	30.1%	0.9%	31%	40.0%

Corrected for: From all provisions for allocated stock: without direct tax estimate is acceptable. Of any EU of the following age units:

Mortem Scenario
31-11-2016				31-12-2017			31-12-2018
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence
0	0	0	0	0	0	0	0	0	0	0
0.0%	96%	31.3%	0.0%	31%	96.8%	0.0%	61%	47.4%
0.0%	0	0	0	0	0	0	0	0	0	0
0.0%	20%	44.0%	1.3%	31%	43.4%	0.3%	90%	63.4%
0.0%	20%	44.0%	2.4%	31%	43.7%	0.3%	90%	63.4%
0.0%	0	0	0	0	0	0	0	0	0	0
0.0%	0	96.1%	1.9%	0%	96.8%	0.2%	0%	96.8%
0.0%	0	0	0	0	0	0	0	0	0	0
0.0%	0	0	0	0	0	0	0	0	0	0
0.0%	0	0	0	0	0	0	0	0	0	0

Corrected for: From all provisions for allocated stock: without direct tax estimate is acceptable. Of any EU of the following age units:

Mortem Scenario
31-12-2016				31-12-2017			31-12-2018
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Average
0	0	0	0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0	0	0	0

Mortem Scenario

31-12-2016				31-12-2017			31-12-2018
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Average
0	0	0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0	0	0

Mortem Scenario

31-12-2017				31-12-2018			31-12-2019
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Average
0	0	0	0	0	0	0	0	0	0

Mortem Scenario

31-12-2018				31-12-2019			31-12-2020
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Average
0	0	0	0	0	0	0	0	0	0

Mortem Scenario

31-12-2020				31-12-2021			31-12-2022
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Average Rate	Average
0	0	0	0	0	0	0	0	0	0

Mortem Scenario

31-12-2021				31-12-2022			31-12-2023
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Average Rate	Average
0	0	0	0	0	0	0	0	0	0

Mortem Scenario

31-12-2022				31-12-2023			31-12-2024
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate	Avul of Prevalence	Average Rate	Average
0	0	0	0	0	0	0	0	0	0

Mortem Scenario

31-12-2024
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Unassigned rate
0	0	0	0

Mortem Scenario

31-12-2025
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Average Rate
0	0	0	0

Mortem Scenario

31-12-2026
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Average Rate
0	0	0	0

Mortem Scenario

31-12-2027
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Average Rate
0	0	0	0

Mortem Scenario

31-12-2028
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Average Rate
0	0	0	0

Mortem Scenario

31-12-2029
Unassigned rate	Avul of Prevalence	Coverage Ratio Spital Result	Average Rate
0	0	0	0

---

2016 EU-wide Stress Test: Credit risk IRB

Sydbank

Year 2016, '16	Baseline Scenario
		01-12-2016			01-12-2017			01-12-2018
		Unspecified	Stock of	Coverage Ratio	Unspecified	Stock of	Coverage Ratio	Unspecified	Stock of	Coverage Ratio
Liechtenstein	Credit design and control government
	Distribution
	Education - of which: Specialist Lending
	Occupation - Of which: OW
	Rural
	Rural - Secured on real estate property
	Rural - Secured on real estate property - Of which: OW
	Rural - Secured on real estate property - Of which: non-OW
	Rural - Qualifying Bicycling
	Rural - Other Retail
	Rural - Other Retail - Of which: OW
	Rural - Other Retail - Of which: non-OW
Dutch
Stock market
Stock market - all categories assets
Total 2016

• Computed as: Stock of provisions for defaulted stock - default stock (as defined in paragraphs 58 and 61 of the Methodological note)

Year 2016, '16	Baseline Scenario
		01-12-2016			01-12-2017			01-12-2018
		Unspecified	Stock of	Coverage Ratio	Unspecified	Stock of	Coverage Ratio	Unspecified	Stock of	Coverage Ratio
	Credit design and control government
	Distribution
	Education - of which: Specialist Lending
	Occupation - Of which: OW
	Rural
	Rural - Secured on real estate property
	Rural - Secured on real estate property - Of which: OW
	Rural - Secured on real estate property - Of which: non-OW
	Rural - Qualifying Bicycling
	Rural - Other Retail
	Rural - Other Retail - Of which: OW
	Rural - Other Retail - Of which: non-OW
Dutch
Stock market

• Computed as: Stock of provisions for defaulted stock - default stock (as defined in paragraphs 58 and 61 of the Methodological note)

Year 2016, '16	Baseline Scenario
		01-12-2016			01-12-2017			01-12-2018
		Unspecified	Stock of	Coverage Ratio	Unspecified	Stock of	Coverage Ratio	Unspecified	Stock of	Coverage Ratio
	Credit design and control government
	Distribution
	Education - of which: Specialist Lending
	Occupation - Of which: OW
	Rural
	Rural - Secured on real estate property
	Rural - Secured on real estate property - Of which: OW
	Rural - Secured on real estate property - Of which: non-OW
	Rural - Qualifying Bicycling
	Rural - Other Retail
	Rural - Other Retail - Of which: OW
	Rural - Other Retail - Of which: non-OW

• Computed as: Stock of provisions for defaulted stock - default stock (as defined in paragraphs 58 and 61 of the Methodological note)

Year 2016, '16	Baseline Scenario
		01-12-2016			01-12-2017			01-12-2018
		Unspecified	Stock of	Coverage Ratio	Unspecified	Stock of	Coverage Ratio	Unspecified	Stock of	Coverage Ratio
	Credit design and control government
	Distribution
	Education - of which: Specialist Lending
	Occupation - Of which: OW
	Rural
	Rural - Secured on real estate property
	Rural - Secured on real estate property - Of which: OW
	Rural - Secured on real estate property - Of which: non-OW
	Rural - Marketing Bicycling
	Rural - Other Retail
	Rural - Other Retail - Of which: OW
	Rural - Other Retail - Of which: non-OW

---

2016 EU-wide Stress Test: Credit risk IRB

Sydbank

Barnesø, Norway
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000
Barnesø, Norway
---	---	---	---	---	---	---	---	---	---
Credit card
Investment	2016-08-01		2016-08-02		2016-08-03		2016-08-04
	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total	Investment	Work-in	Percentage total
Stockholm	100000	100000	100000	100000	100000	100000	100000	100000	100000

---

2016 EU-wide Stress Test: Credit risk STA

Sydbank

	31-12-2015
		Exposure values		Risk exposure amounts		Block of provisions
		Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted
Sydbank	Social governments as central banks	142	0	0	0	0	0.0%
	Regional governments or local authorities	132	0	0	0	0	0.0%
	Public sector entities	0	0	0	0	0	0.0%
	Multilateral Development Banks	0	0	0	0	0	0.0%
	International Organizations	0	0	0	0	0	0.0%
	Institutions	2,461	0	236	0	0	0.0%
	Corporates	297	3	183	3	0	0.0%
	IF eCCP, SPC	182	0	44	0	0	0.0%
	Retail	80	0	73	0	0	0.0%
	IF eCCP, SPC	70	0	50	0	0	0.0%
	Secured by mortgages on innervosities property	0	0	0	0	0	0.0%
	IF eCCP, SPC	0	0	0	0	0	0.0%
	Some associated with particularly high risk	0	0	0	0	0	0.0%
	Corporal bonds	0	0	0	0	0	0.0%
	Copies on institutions and corporates with a 97 credit assessment	0	0	0	0	0	0.0%
	Cohesive investments underarnings (CIS)	0	0	0	0	0	0.0%
Denmark	EFT	15	0	276	0	0	0.0%
	Securitization
	Other expenses	287	0	277	0	0	0.0%

*Computed as: Block of provisions for defaulter stock - default block (as defined in paragraphs 38 and 61 of the Midtvokergave vare)

	31-12-2015
		Exposure values		Risk exposure amounts		Block of provisions
		Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted
Denmark	Social governments as central banks	117	0	0	0	0	0.0%
	Regional governments or local authorities	137	0	0	0	0	0.0%
	Public sector entities	0	0	0	0	0	0.0%
	Multilateral Development Banks	0	0	0	0	0	0.0%
	International Organizations	0	0	0	0	0	0.0%
	Institutions	225	0	0	0	0	0.0%
	Corporates	107	0	0	0	0	0.0%
	IF eCCP, SPC	67	0	0	0	0	0.0%
	Retail	90	0	0	0	0	0.0%
	IF eCCP, SPC	70	0	0	0	0	0.0%
	Secured by mortgages on innervosities property	0	0	0	0	0	0.0%
	IF eCCP, SPC	0	0	0	0	0	0.0%
	Some associated with particularly high risk	0	0	0	0	0	0.0%
	Corporate bonds	0	0	0	0	0	0.0%
	Copies on institutions and corporates with a 97 credit assessment	0	0	0	0	0	0.0%
	Cohesive investments underarnings (CIS)	0	0	0	0	0	0.0%

*Computed as: Block of provisions for defaulter stock - default block (as defined in paragraphs 38 and 61 of the Midtvokergave vare)

	31-12-2015
		Exposure values		Risk exposure amounts		Block of provisions
		Non-defaulted	Defaulted	Non-defaulted	Defaulted	Non-defaulted	Defaulted
Germany	Social governments as central banks	0	0	0	0	0	0.0%
	Regional governments or local authorities	0	0	0	0	0	0.0%
	Public sector entities	0	0	0	0	0	0.0%
	Multilateral Development Banks	0	0	0	0	0	0.0%
	International Organizations	0	0	0	0	0	0.0%
	Institutions	251	0	0	0	0	0.0%
	Corporates	0	0	0	0	0	0.0%
	IF eCCP, SPC	0	0	0	0	0	0.0%
	Retail	0	0	0	0	0	0.0%
	IF eCCP, SPC	0	0	0	0	0	0.0%
	Secured by mortgages on innervosities property	0	0	0	0	0	0.0%
	IF eCCP, SPC	0	0	0	0	0	0.0%
	Some associated with particularly high risk	0	0	0	0	0	0.0%
	Corporate bonds	0	0	0	0	0	0.0%
	Copies on institutions and corporates with a 97 credit assessment	0	0	0	0	0	0.0%
	Cohesive investments underarnings (CIS)	0	0	0	0	0	0.0%

---

2016 EU-wide Stress Test: Credit risk STA

Sydbank

	31-12-2015
		Exposure values		Risk exposure amounts		Stock of provisions		Coverage Ratio for each block
		Non-detached	Detached	Non-detached	Detached	Non-detached	Detached
Norway	Central governments or central banks	0	0	0	0	0	0	0.9%
	Regional governments or local authorities	0	0	0	0	0	0	0.9%
	Public sector entities	0	0	0	0	0	0	0.9%
	Multilateral Development Banks	0	0	0	0	0	0	0.9%
	International Organizations	0	0	0	0	0	0	0.9%
	Institutions	1,99	0	0	0	0	0	0.9%
	Corporates	0	0	0	0	0	0	0.9%
	of which 399	0	0	0	0	0	0	0.9%
	Bonds	0	0	0	0	0	0	0.9%
	of which 300	0	0	0	0	0	0	0.9%
	Secured by mortgages on immovable property	0	0	0	0	0	0	0.9%
	of which 399 or 100	0	0	0	0	0	0	0.9%
	Dams associated with particularly high risk	0	0	0	0	0	0	0.9%
	Counsel bonds	0	0	0	0	0	0	0.9%
	Claims on institutions and corporates with a ST credit assessment	0	0	0	0	0	0	0.9%
	Collective investments undertakings (132)	0	0	0	0	0	0	0.9%
Equity	0	0	0	0	0	0	0.9%
Bearthanders	0	0	0	0	0	0	0.9%
Other exposures	0	0	0	0	0	0	0.9%
Memberships Total	1,308	0	0	0	0	0	0.9%

• Computed as: Stock of provisions for detached block - default block (as defined in paragraphs 38 and 61 of the Methodological note)

	31-12-2015
		Exposure values		Risk exposure amounts		Stock of provisions		Coverage Ratio for each block
		Non-detached	Detached	Non-detached	Detached	Non-detached	Detached
Liechtenstein	Central governments or central banks	0	0	0	0	0	0	0.9%
	Regional governments or local authorities	0	0	0	0	0	0	0.9%
	Public sector entities	0	0	0	0	0	0	0.9%
	Multilateral development Banks	0	0	0	0	0	0	0.9%
	International Organizations	0	0	0	0	0	0	0.9%
	Institutions	1	0	0	0	0	0	0.9%
	Corporates	0	0	0	0	0	0	0.9%
	of which 399	0	0	0	0	0	0	0.9%
	Bonds	0	0	0	0	0	0	0.9%
	of which 300	0	0	0	0	0	0	0.9%
	Secured by mortgages on immovable property	0	0	0	0	0	0	0.9%
	of which 399	0	0	0	0	0	0	0.9%
	Dams associated with particularly high risk	0	0	0	0	0	0	0.9%
	Counsel bonds	0	0	0	0	0	0	0.9%
	Claims on institutions and corporates with a ST credit assessment	0	0	0	0	0	0	0.9%
	Collective investments undertakings (132)	0	0	0	0	0	0	0.9%
Equity	0	0	0	0	0	0	0.9%
Bearthanders	0	0	0	0	0	0	0.9%
Other exposures	0	0	0	0	0	0	0.9%

• Computed as: Stock of provisions for detached block - default block (as defined in paragraphs 38 and 61 of the Methodological note)

	31-12-2015
		Exposure values		Risk exposure amounts		Stock of provisions		Coverage Ratio for each block
		Non-detached	Detached	Non-detached	Detached	Non-detached	Detached
	Central governments or central banks	0	0	0	0	0	0	0.9%
	Regional governments or local authorities	0	0	0	0	0	0	0.9%
	Public sector entities	0	0	0	0	0	0	0.9%
	Multilateral Development Banks	0	0	0	0	0	0	0.9%
	International Organizations	0	0	0	0	0	0	0.9%
	Institutions	0	0	0	0	0	0	0.9%
	Corporates	0	0	0	0	0	0	0.9%
	of which 300	0	0	0	0	0	0	0.9%
	Bonds	0	0	0	0	0	0	0.9%
	of which 300	0	0	0	0	0	0	0.9%
	Secured by mortgages on immovable property	0	0	0	0	0	0	0.9%
	of which 399	0	0	0	0	0	0	0.9%
	Dams associated with particularly high risk	0	0	0	0	0	0	0.9%
	Counsel bonds	0	0	0	0	0	0	0.9%
	Claims on institutions and corporates with a ST credit assessment	0	0	0	0	0	0	0.9%
	Collective investments undertakings (132)	0	0	0	0	0	0	0.9%
Equity	0	0	0	0	0	0	0.9%

• Computed as: Stock of provisions for detached block - default block (as defined in paragraphs 38 and 61 of the Methodological note)

---

2016 EU-wide Stress Test: Credit risk STA

Sydbank

	To 12 2015
	Exposure values		Risk exposure amounts		Stock of provisions
	Non-techniker	Definitive	Non-techniker	Definitive	Non-techniker	Definitive
Capital development in Europe (Euros)	0	0	0	0	0	0.0%
PUBLIC and/or nutrition	0	0	0	0	0	0.0%
Purificational Development Bursts	0	0	0	0	0	0.0%
International Organisations	0	0	0	0	0	0.0%
Snettobacco	0	0	0	0	0	0.0%
Cooperates	0	0	0	0	0	0.0%
of which 30%	0	0	0	0	0	0.0%
Retail	0	0	0	0	0	0.0%
of which 50%	0	0	0	0	0	0.0%
Bouryard by mortgages on innrevaldis property	0	0	0	0	0	0.0%
of which 50%	0	0	0	0	0	0.0%
Danks associated with particularly high risk	0	0	0	0	0	0.0%
Cinerard bonds	0	0	0	0	0	0.0%
Danks no institutions and corporates with a 97 credit assessment	0	0	0	0	0	0.0%
Collection Investments undertakings (CUI)	0	0	0	0	0	0.0%
Equity	0	0	0	0	0	0.0%
Securitisation
Other provisions	0	0	0	0	0	0.0%
Other reasons (etc)	0	0	0	0	0	0.0%

Average results for each year are for all 12 2015. The total stock for these 12 2015 is 12 2015. The total stock for these 12 2015 is 12 2016.

	To 12 2015
	Exposure values		Risk exposure amounts		Stock of provisions
	Non-techniker	Definitive	Non-techniker	Definitive	Non-techniker	Definitive
Capital development in Europe (Euros)	0	0	0	0	0	0.0%
PUBLIC and/or nutrition	0	0	0	0	0	0.0%
Purificational Development Bursts	0	0	0	0	0	0.0%
International Organisations	0	0	0	0	0	0.0%
Snettobacco	0	0	0	0	0	0.0%
Cooperates	0	0	0	0	0	0.0%
of which 30%	0	0	0	0	0	0.0%
Retail	0	0	0	0	0	0.0%
of which 50%	0	0	0	0	0	0.0%
Bouryard by mortgages on innrevaldis property	0	0	0	0	0	0.0%
of which 50%	0	0	0	0	0	0.0%
Danks associated with particularly high risk	0	0	0	0	0	0.0%
Cinerard bonds	0	0	0	0	0	0.0%
Danks no institutions and corporates with a 97 credit assessment	0	0	0	0	0	0.0%
Collection Investments undertakings (CUI)	0	0	0	0	0	0.0%
Equity	0	0	0	0	0	0.0%
Securitisation
Other provisions	0	0	0	0	0	0.0%
Other reasons (etc)	0	0	0	0	0	0.0%

Average results for each year are for all 12 2015. The total stock for these 12 2015 is 12 2016.

	To 12 2015
	Exposure values		Risk exposure amounts		Stock of provisions
	Non-techniker	Definitive	Non-techniker	Definitive	Non-techniker	Definitive
Capital development in Europe (Euros)	0	0	0	0	0	0.0%
PUBLIC and/or nutrition	0	0	0	0	0	0.0%
Purificational Development Bursts	0	0	0	0	0	0.0%
International Organisations	0	0	0	0	0	0.0%
Snettobacco	0	0	0	0	0	0.0%
Cooperates	0	0	0	0	0	0.0%
of which 30%	0	0	0	0	0	0.0%
Retail	0	0	0	0	0	0.0%
of which 50%	0	0	0	0	0	0.0%
Bouryard by mortgages on innrevaldis property	0	0	0	0	0	0.0%
of which 50%	0	0	0	0	0	0.0%
Danks associated with particularly high risk	0	0	0	0	0	0.0%
Cinerard bonds	0	0	0	0	0	0.0%
Danks no institutions and corporates with a 97 credit assessment	0	0	0	0	0	0.0%
Collection Investments undertakings (CUI)	0	0	0	0	0	0.0%
Equity	0	0	0	0	0	0.0%
Securitisation
Other provisions	0	0	0	0	0	0.0%

Average results for each year are for all 12 2015. The total stock for these 12 2015 is 12 2016.

---

2016 EU-wide Stress Test: Credit risk STA

Sydbank

	16-12-2015
	Exposure values		Risk exposure amounts		Stock of provisions
	Non-debutter	Debutter	Non-debutter	Debutter	Non-debutter	Debutter
Capital expenditures of non-debutterers	0	0	0	0	0	0.0%
Public public workers	0	0	0	0	0	0.0%
Participated Development Banks	0	0	0	0	0	0.0%
International Organizations	0	0	0	0	0	0.0%
Healthcare	0	0	0	0	0	0.0%
Corporate	0	0	0	0	0	0.0%
Diluted: 0%	0	0	0	0	0	0.0%
Retail	0	0	0	0	0	0.0%
Diluted: Net	0	0	0	0	0	0.0%
Bourred by mortgagees on homeholds property	0	0	0	0	0	0.0%
Diluted: 0%	0	0	0	0	0	0.0%
Plates associated with particularly high risk	0	0	0	0	0	0.0%
Channel bonds	0	0	0	0	0	0.0%
Cable for healthcare and corporates with a 97 credit assessment	0	0	0	0	0	0.0%
California Investments undertakings (CUI)	0	0	0	0	0	0.0%
Equity	0	0	0	0	0	0.0%
Retail/Realism	0	0	0	0	0	0.0%
Other assistance	0	0	0	0	0	0.0%
Other Benefits/Other	0	0	0	0	0	0.0%

*Compensation for the provisions of the above item is stated in the 16-12-2015 report (for the 16-12-2015 statement given (10)).

	16-12-2015
	Exposure values		Risk exposure amounts		Stock of provisions
	Non-debutter	Debutter	Non-debutter	Debutter	Non-debutter	Debutter
Capital expenditures of non-debutterers	0	0	0	0	0	0.0%
Public public workers	0	0	0	0	0	0.0%
Participated Development Banks	0	0	0	0	0	0.0%
International Organizations	0	0	0	0	0	0.0%
Healthcare	0	0	0	0	0	0.0%
Corporate	0	0	0	0	0	0.0%
Diluted: 0%	0	0	0	0	0	0.0%
Retail	0	0	0	0	0	0.0%
Diluted: 0%	0	0	0	0	0	0.0%
Bourred by mortgagees on homeholds property	0	0	0	0	0	0.0%
Diluted: Net	0	0	0	0	0	0.0%
Plates associated with particularly high risk	0	0	0	0	0	0.0%
Channel bonds	0	0	0	0	0	0.0%
Cable for healthcare and corporates with a 97 credit assessment	0	0	0	0	0	0.0%
Cable for Investments undertakings (CUI)	0	0	0	0	0	0.0%
Equity	0	0	0	0	0	0.0%
Retail/Realism	0	0	0	0	0	0.0%
Other assistance	0	0	0	0	0	0.0%
Other Benefits/Other	0	0	0	0	0	0.0%

*Compensation for the provisions of the above item is stated in the 16-12-2015 statement (10).

2016-12-20

---

2016 EU-wide Stress Test: Credit risk STA

Sydbank

	Baseline Scenario
	31-12-2016		31-12-2017		31-12-2018
	Department rate	Block of Provisions	Coverage Ratio: Default Stock¹	Department rate	Block of Provisions	Coverage Ratio: Default Stock¹
Sydbank	Central governments or central banks	0	-	0	-	0
	Regional governments or local authorities	0	-	0	-	0
	Public sector entities	0	-	0	-	0
	Multilateral development banks	0	-	0	-	0
	International Organizations	0	-	0	-	0
	Exhibitions	0	-	0	-	0
	Corporates	0	-	0	-	0
	... (Fynns) (UK)	0	-	0	-	0
	Retail	0	-	0	-	0
	... (Fynns) (UK)	0	-	0	-	0
	Secured by mortgages on immovable property	0	-	0	-	0
	... (Fynns) (UK)	0	-	0	-	0
	Dams associated with particularly high risk	0	-	0	-	0
	Caviarist bonds	0	-	0	-	0
	Opens on institutions and cooperates with a EF credit assessment	0	-	0	-	0
	Lahesden Investments underfatings (150)	0	-	0	-	0
Equity	0	-	0	-	0
Securitisation	0	-	0	-	0
Other resources	0	-	0	-	0

¹ Computed as: Block of provisions for defaulted stock - default stock (as defined in paragraphs 58 and 61 of the Melkuskirgian note)

Adverse Scenario
31-12-2016		31-12-2017		31-12-2018
Department rate	Block of Provisions	Coverage Ratio: Default Stock¹	Department rate	Block of Provisions	Coverage Ratio: Default Stock¹
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
Department	Baseline Scenario
---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018
	Department rate	Block of Provisions	Coverage Ratio: Default Stock¹	Department rate	Block of Provisions
Denmark	Central governments or central banks	0	-	0	-
	Regional governments or local authorities	0	-	0	-
	Public sector entities	0	-	0	-
	Multilateral Development Banks	0	-	0	-
	International Organizations	0	-	0	-
	Exhibitions	0	-	0	-
	Corporates	0	-	0	-
	... (Fynns) (UK)	0	-	0	-
	Retail	0	-	0	-
	... (Fynns) (UK)	0	-	0	-
	Secured by mortgages on immovable property	0	-	0	-
	... (Fynns) (UK)	0	-	0	-
	Dams associated with particularly high risk	0	-	0	-
	Caviarist bonds	0	-	0	-
	Opens on institutions and cooperates with a EF credit assessment	0	-	0	-
	Lahesden Investments underfatings (150)	0	-	0	-
Equity	0	-	0	-	0
Securitisation	0	-	0	-	0

² Computed as: Block of provisions for defaulted stock - default stock (as defined in paragraphs 58 and 61 of the Melkuskirgian note)

Adverse Scenario
31-12-2016		31-12-2017		31-12-2018
Department rate	Block of Provisions	Coverage Ratio: Default Stock¹	Department rate	Block of Provisions	Coverage Ratio: Default Stock¹
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
January Scenario
---	---	---	---	---	---
31-12-2016		31-12-2017		31-12-2018
Department rate	Block of Provisions	Coverage Ratio: Default Stock¹	Department rate	Block of Provisions	Coverage Ratio: Default Stock¹
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0

¹ Computed as: Block of provisions for defaulted stock - default stock (as defined in paragraphs 58 and 61 of the Melkuskirgian note)

January Scenario
31-12-2016		31-12-2017		31-12-2018
Department rate	Block of Provisions	Coverage Ratio: Default Stock¹	Department rate	Block of Provisions	Coverage Ratio: Default Stock¹
	0	-	0	-	0
	0	-	0	-	0
	0	-	0	-	0

Copyright as: Block of provisions for defaulted stock - default stock (as defined in paragraphs 58 and 61 of the Melkuskirgian note)

---

2016 EU-wide Stress Test: Credit risk STA

Sydbank

	Baseline Scenario
	31-12-2016		31-12-2017		31-12-2018
	Organisation	Stock of	Operating Ratio	Organisation	Stock of	Operating Ratio	Organisation	Stock of
Norway	Central governments or Centre banks	0	0	0	0	0	0	0
	Regional governments or local authorities	0	0	0	0	0	0	0
	Public sector entities	0	0	0	0	0	0	0
	Multilateral Development Banks	0	0	0	0	0	0	0
	International Organizations	0	0	0	0	0	0	0
	Institutions	0	0	0	0	0	0	0
	Corporates	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Retail	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Secured by mortgages on immovable property	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Some associated with particularly high risk	0	0	0	0	0	0	0
	General bonds	0	0	0	0	0	0	0
	Claims on institutions and corporates with a BT credit assessment	0	0	0	0	0	0	0
	Cohesives investments undertakings (C53)	0	0	0	0	0	0	0
Equity	0	0	0	0	0	0	0
Governments	0	0	0	0	0	0	0
Other expenses	0	0	0	0	0	0	0
Stockenblad Total	0	0	0	0	0	0	0

• Computed as: Stock of provisions for defaulted stock / default stock (as defined in paragraphs 58 and 61 of the Methodological note)

	Baseline Scenario
	31-12-2016		31-12-2017		31-12-2018
	Organisation	Stock of	Operating Ratio	Organisation	Stock of	Operating Ratio	Organisation	Stock of
Liechtenstein	Central governments or centre banks	0	0	0	0	0	0	0
	Regional governments or local authorities	0	0	0	0	0	0	0
	Public sector entities	0	0	0	0	0	0	0
	Multilateral Development Banks	0	0	0	0	0	0	0
	International Organizations	0	0	0	0	0	0	0
	Institutions	0	0	0	0	0	0	0
	Corporates	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Retail	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Secured by mortgages on immovable property	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Some associated with particularly high risk	0	0	0	0	0	0	0
	General bonds	0	0	0	0	0	0	0
	Claims on institutions and corporates with a BT credit assessment	0	0	0	0	0	0	0
	Cohesives investments undertakings (C53)	0	0	0	0	0	0	0
Equity	0	0	0	0	0	0	0

• Computed as: Stock of provisions for defaulted stock / default stock (as defined in paragraphs 58 and 61 of the Methodological note)

	Bondive Scenario
	31-12-2016		31-12-2017		31-12-2018
	Organisation	Stock of	Operating Ratio	Organisation	Stock of	Operating Ratio	Organisation	Stock of
Liechtenstein	Central governments or centre banks	0	0	0	0	0	0	0
	Regional governments or local authorities	0	0	0	0	0	0	0
	Public sector entities	0	0	0	0	0	0	0
	Multilateral Development Banks	0	0	0	0	0	0	0
	International Organizations	0	0	0	0	0	0	0
	Institutions	0	0	0	0	0	0	0
	Corporates	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Retail	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Secured by mortgages on immovable property	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Some associated with particularly high risk	0	0	0	0	0	0	0
	General bonds	0	0	0	0	0	0	0
	Claims on institutions and corporates with a BT credit assessment	0	0	0	0	0	0	0
	Cohesives investments undertakings (C53)	0	0	0	0	0	0	0

• Computed as: Stock of provisions for defaulted stock / default stock (as defined in paragraphs 58 and 61 of the Methodological note)

	Baseline Scenario
	31-12-2016		31-12-2017		31-12-2018
	Organisation	Stock of	Operating Ratio	Organisation	Stock of	Operating Ratio	Organisation	Stock of
Luxembourg	Central governments or centre banks	0	0	0	0	0	0	0
	Regional governments or local authorities	0	0	0	0	0	0	0
	Public sector entities	0	0	0	0	0	0	0
	Multilateral Development Banks	0	0	0	0	0	0	0
	International Organizations	0	0	0	0	0	0	0
	Institutions	0	0	0	0	0	0	0
	Corporates	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Retail	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Secured by mortgages on immovable property	0	0	0	0	0	0	0
	... of which 34%	0	0	0	0	0	0	0
	Some associated with particularly high risk	0	0	0	0	0	0	0
	General bonds	0	0	0	0	0	0	0
	Claims on institutions and corporates with a BT credit assessment	0	0	0	0	0	0	0
	Cohesives investments undertakings (C53)	0	0	0	0	0	0	0
Equity	0	0	0	0	0	0	0
Government	0	0	0	0	0	0	0
Other companies	0	0	0	0	0	0	0

• Computed as: Stock of provisions for defaulted stock / default stock (as defined in paragraphs 58 and 61 of the Methodological note)

---

2016 EU-wide Stress Test: Credit risk STA

Sydbank

	Baseline Scenario
	31-12-2016		31-12-2017		31-12-2018		31-12-2019
	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled
Journal of government for Central Europe	0	0	0	0	0	0	0	0
Regional governments in West Netherlands	0	0	0	0	0	0	0	0
Public and/or institute	0	0	0	0	0	0	0	0
Rezfrizzional Development Banks	0	0	0	0	0	0	0	0
International Organizations	0	0	0	0	0	0	0	0
Institutions	0	0	0	0	0	0	0	0
Corporates	0	0	0	0	0	0	0	0
...	0	0	0	0	0	0	0	0
Retail	0	0	0	0	0	0	0	0
...	0	0	0	0	0	0	0	0
Ground by mortgages on immovable property	0	0	0	0	0	0	0	0
...	0	0	0	0	0	0	0	0
Deme associated with particularly high risk	0	0	0	0	0	0	0	0
General bonds	0	0	0	0	0	0	0	0
Deme on institutions and corporates with a 97 credit assessment	0	0	0	0	0	0	0	0
Initiatives investments undertaking (120)	0	0	0	0	0	0	0	0
Equity	0	0	0	0	0	0	0	0
Recruitisation	0	0	0	0	0	0	0	0
Other	0	0	0	0	0	0	0	0
Other (except 120)	0	0	0	0	0	0	0	0
	Baseline Scenario
---	---	---	---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018		31-12-2019
	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled
Regional governments in West Netherlands	0	0	0	0	0	0	0	0
Public and/or institute	0	0	0	0	0	0	0	0
Rezfrizzional Development Banks	0	0	0	0	0	0	0	0
International Organizations	0	0	0	0	0	0	0	0
Institutions	0	0	0	0	0	0	0	0
Corporates	0	0	0	0	0	0	0	0
...	0	0	0	0	0	0	0	0
Retail	0	0	0	0	0	0	0	0
...	0	0	0	0	0	0	0	0
Ground by mortgages on immovable property	0	0	0	0	0	0	0	0
...	0	0	0	0	0	0	0	0
Deme associated with particularly high risk	0	0	0	0	0	0	0	0
General bonds	0	0	0	0	0	0	0	0
Deme on institutions and corporates with a 97 credit assessment	0	0	0	0	0	0	0	0
Initiatives investments undertaking (120)	0	0	0	0	0	0	0	0
Equity	0	0	0	0	0	0	0	0
Recruitisation	0	0	0	0	0	0	0	0
Other (except 120)	0	0	0	0	0	0	0	0
	Baseline Scenario
---	---	---	---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018		31-12-2019
	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled
	Adverse Scenarios
---	---	---	---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018		31-12-2019
	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled
	Adverse Scenarios
---	---	---	---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018		31-12-2019
	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled
	Baseline Scenario
---	---	---	---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018		31-12-2019
	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled
	Baseline Scenario
---	---	---	---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018		31-12-2019
	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled	Coronage Ratio (average block)	Department code	Block of Controlled

Copyright by Block of processes for education and - about Bank per person as paragraph 18 and 51 of the Methodological Act

---

2016 EU-wide Stress Test: Credit risk STA

Sydbank

	Baseline Scenario
	31-12-2016		31-12-2017		31-12-2018
	Department code	Book of Presidents	Coverage Ratio (annual Book)	Department code	Book of Presidents	Coverage Ratio (annual Book)	Department code	Book of Presidents
Journal investments in Credit Risk	0	0	0	0	0	0	0	0
National Bank of Sweden	0	0	0	0	0	0	0	0
National Bank of Sweden	0	0	0	0	0	0	0	0
Rutritional Development Bank	0	0	0	0	0	0	0	0
International Organizations	0	0	0	0	0	0	0	0
Statistiken	0	0	0	0	0	0	0	0
Finansans	0	0	0	0	0	0	0	0
– (D) max. 5%	0	0	0	0	0	0	0	0
Kanal	0	0	0	0	0	0	0	0
– (D) max. 5%	0	0	0	0	0	0	0	0
Sourced by mortgagee on immovable property	0	0	0	0	0	0	0	0
– (D) max. 5%	0	0	0	0	0	0	0	0
Swiss associated with particularly high risk	0	0	0	0	0	0	0	0
General bonds	0	0	0	0	0	0	0	0
Swiss on halfs above and corporates with a BT credit assessment	0	0	0	0	0	0	0	0
Other/on investments underfakings (CEE)	0	0	0	0	0	0	0	0
Tarifs	0	0	0	0	0	0	0	0
Stockfeaters	0	0	0	0	0	0	0	0
Total receivables	0	0	0	0	0	0	0	0
Total average price	0	0	0	0	0	0	0	0
	Minority Scenario
---	---	---	---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018
	Department code	Book of Presidents	Coverage Ratio (annual Book)	Department code	Book of Presidents	Coverage Ratio (annual Book)	Department code	Book of Presidents
Journal investments in Credit Risk	0	0	0	0	0	0	0	0
National Bank of Sweden	0	0	0	0	0	0	0	0
National Bank of Sweden	0	0	0	0	0	0	0	0
Rutritional Development Bank	0	0	0	0	0	0	0	0
International Organizations	0	0	0	0	0	0	0	0
Statistiken	0	0	0	0	0	0	0	0
Finansans	0	0	0	0	0	0	0	0
– (D) max. 5%	0	0	0	0	0	0	0	0
Kanal	0	0	0	0	0	0	0	0
– (D) max. 5%	0	0	0	0	0	0	0	0
Sourced by mortgagee on immovable property	0	0	0	0	0	0	0	0
– (D) max. 5%	0	0	0	0	0	0	0	0
Swiss associated with particularly high risk	0	0	0	0	0	0	0	0
General bonds	0	0	0	0	0	0	0	0
Swiss on halfs above and corporates with a BT credit assessment	0	0	0	0	0	0	0	0
Other/on investments underfakings (CEE)	0	0	0	0	0	0	0	0
Tarifs	0	0	0	0	0	0	0	0
Stockfeaters	0	0	0	0	0	0	0	0
Total average price	0	0	0	0	0	0	0	0
	Minority Scenario
---	---	---	---	---	---	---	---	---
	31-12-2016		31-12-2017		31-12-2018
	Department code	Book of Presidents	Coverage Ratio (annual Book)	Department code	Book of Presidents	Coverage Ratio (annual Book)	Department code	Book of Presidents
Journal investments in Credit Risk	0	0	0	0	0	0	0	0
National Bank of Sweden	0	0	0	0	0	0	0	0
National Bank of Sweden	0	0	0	0	0	0	0	0
Rutritional Development Bank	0	0	0	0	0	0	0	0
International Organizations	0	0	0	0	0	0	0	0
Statistiken	0	0	0	0	0	0	0	0
Finansans	0	0	0	0	0	0	0	0
– (D) max. 5%	0	0	0	0	0	0	0	0
Kanal	0	0	0	0	0	0	0	0
– (D) max. 5%	0	0	0	0	0	0	0	0

Copyright © 2016 by Department of Economics and Social Research, under a paragraph 18 and 21 of its telematograph text.

---

2016 EU-wide Stress Test: Securitisations

Sydbank

(min EUR)

Exposure values	STA
	DIS
Risk exposure amounts	STA
	DIS
Impairments	Total banking book others than assessed at fair value
31-12-2015	Baseline Scenario
---	---
	31-12-2016
0
0
0
0	0
0	0
0	0

---

2016 EU-wide Stress Test: Sovereign

Sydbank

Dato (GB)		30-12-2015
Residual Maturity	Country / Region	GROSS DIRECT LONG (according to accounting return date of provision of (1))	NET DIRECT EXPOSURES (accounting value, price of provisions) (1)	DIRECT SOVEREIGN EXPOSURES IN DERIVATIVES (1)			INDIRECT SOVEREIGN EXPOSURES (3) (on and off balance sheet)
								Derivatives with positive fair value	Derivatives with negative fair value	Derivatives with positive fair value	Derivatives with negative fair value
			of which: APS	of which: FHS (designed as fair value through provisions)	of which: IAT* (1)	of which: HTW	of which: Loans and receivables	Notional value	Fair value (+)	Notional value	Fair value (-)	Notional value	Fair value (+)	Notional value	Fair value (-)
(B-201)	Austria	0	0	0	0	0	0	0	0	0	0	0	0	0
(B-19)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-29)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-39)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-109)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-209)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-29)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-39)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-109)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-209)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-29)	Belgium	0	0	0	0	0	0	0	0	0	0	0	0	0
(B-39)	Bulgaria	0	0	0	0	0	0	0	0	0	0	0	0	0
(B-19)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-29)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-39)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-109)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-209)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-29)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-39)		0	0	0	0	0	0	0	0	0	0	0	0	0
(B-109)		0	0	0	0	0	0	0	0	0	0	0	0	0

---

2016 EU-wide Stress Test: Sovereign

Sydbank

Index (EUR)		30-12-2015
Residual Maturity	Country / Region	GROSS DIRECT LONG (in months) (accounting value) (rate of provision) (1)	NET DIRECT EXPOSURES (accounting value) (rate of provision) (1)	DIRECT SOVEREIGN EXPOSURES IN DERIVATIVES (1)			INDIRECT SOVEREIGN EXPOSURES (3) (on and off balance sheet)
									Derivatives with positive fair value		Derivatives with negative fair value	Derivatives with positive fair value	Derivatives with negative fair value
			of which: APS	of which: FHS (designed as fair value through provisions)	of which: NFT (1)	of which: HTN	of which: Loans and receivables	Notional value	Fair value (+)	Notional value	Fair value (-)	Notional value	Fair value (+)	Notional value	Fair value (-)
1.0 - 2001	Finland	0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.10 - 291		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 391		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 391		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 + more		0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tot		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.0 - 2001		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 391		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 391	0	0	0	0	0	0	0	0	0	0	0	0	0	0

---

2016 EU-wide Stress Test: Sovereign

Sydbank

Index (GIR)		30-12-2015
Residual Maturity	Country / Region	GROSS DIRECT LONG (according to (accounting value) area of population 1) (1)	NET DIRECT EXPOSURES (accounting value) area of population 2) (1)	DIRECT SOVEREIGN EXPOSURES IN DERIVATIVES (1)			INDIRECT SOVEREIGN EXPOSURES (3) (on and off balance sheet)
									Derivatives with positive fair value		Derivatives with negative fair value	Derivatives with positive fair value	Derivatives with negative fair value
			of which: APS	of which: FHS (designed as fair value through provisions)	of which: NFT (1)	of which: HTR	of which: Loans and receivables	Notional value	Fair value (+)	Notional value	Fair value (-)	Notional value	Fair value (+)	Notional value	Fair value (-)
1.0 - 2001	Italy	0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.10 - 291		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 391		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 399		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - more		0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tot		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.0 - 2001		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 391		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 399	0	0	0	0	0	0	0	0	0	0	0	0	0	0

---

2016 EU-wide Stress Test: Sovereign

Sydbank

Date (04)		30-12-2015
Residual Maturity	Country / Region	GROSS DIRECT LONG (according to (accounting value) area of population 1) (1)	NET DIRECT EXPOSURES (accounting value) area of population 2) (1)	DIRECT SOVEREIGN EXPOSURES IN DERIVATIVES (1)			INDIRECT SOVEREIGN EXPOSURES (3) (on and off balance sheet)
									Derivatives with positive fair value		Derivatives with negative fair value		Derivatives with positive fair value		Derivatives with negative fair value
			of which: APS	of which: FHS (designed as fair value through provisions)	of which: NFT (1)	of which: HTR	of which: Loans and receivables	Notional value	Fair value (+)	Notional value	Fair value (-)	Notional value	Fair value (+)	Notional value	Fair value (-)
1.0 - 2001	Portugal	0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.10 - 291		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 391		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 391		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - more		0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tot		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.0 - 2001		Romania	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191			0	0	0	0	0	0	0	0	0	0	0	0	0
1.10 - 291			0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 391	0		0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 391	0		0	0	0	0	0	0	0	0	0	0	0	0
2.00 - more	0		0	0	0	0	0	0	0	0	0	0	0	0
Tot	0		0	0	0	0	0	0	0	0	0	0	0	0
1.0 - 2001	Slovakia		0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191			0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 291			0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 391		0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 391		0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 1091		0	0	0	0	0	0	0	0	0	0	0	0
1.00 - more		0	0	0	0	0	0	0	0	0	0	0	0
Tot		0	0	0	0	0	0	0	0	0	0	0	0
1.0 - 2001		Slovenia	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191			0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 291	0		0	0	0	0	0	0	0	0	0	0	0
1.20 - 391	0		0	0	0	0	0	0	0	0	0	0	0
2.00 - 391	0		0	0	0	0	0	0	0	0	0	0	0
2.00 - 1091	0		0	0	0	0	0	0	0	0	0	0	0
1.00 - more	0		0	0	0	0	0	0	0	0	0	0	0
Tot	0		0	0	0	0	0	0	0	0	0	0	0

---

2016 EU-wide Stress Test: Sovereign

Sydbank

Index (0-8)		30-12-2015
Residual Maturity	Country / Region	GROSS DIRECT LONG (according to (accounting value) area of population 1) (1)	NET DIRECT EXPOSURES (accounting value) area of population 2) (1)	DIRECT SOVEREIGN EXPOSURES IN DERIVATIVES (1)			INDIRECT SOVEREIGN EXPOSURES (3) (on and off balance sheet)
									Derivatives with positive fair value		Derivatives with negative fair value		Derivatives with positive fair value		Derivatives with negative fair value
			of which: APS	of which: FHS (designed as fair value through provisions)	of which: NFT (1)	of which: HTN	of which: Loans and receivables	Notional value	Fair value (+)	Notional value	Fair value (-)	Notional value	Fair value (+)	Notional value	Fair value (-)
1.0 - 200 [	Iceland	0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 19 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.10 - 29 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 30 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 39 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - more		0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tot		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.0 - 200 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 19 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - more		0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tot	0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.0 - 200 [	Luxembourg	0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 19 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 29 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 29 [		0	0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - more		0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tot		0	0	0	0	0	0	0	0	0	0	0	0	0	0

---

2016 EU-wide Stress Test: Sovereign

Sydbank

Date (04)		30-12-2015
Residual Maturity	Country / Region	GROSS DIRECT LONG (in thousands) (accounting value) (rate of provision) (1)	NET DIRECT EXPOSURES (accounting value) (rate of provision) (1)	DIRECT SOVEREIGN EXPOSURES IN DERIVATIVES (1)			INDIRECT SOVEREIGN EXPOSURES (3) (on and off balance sheet)
								Derivatives with positive fair value		Derivatives with negative fair value		Derivatives with positive fair value		Derivatives with negative fair value
			of which: APS	of which: FHS (designed as fair value through prohibitive)	of which: NFT (1)	of which: HTR	of which: Loans and receivables	Notional value	Fair-value (+)	Notional value	Fair-value (-)	Notional value	Fair-value (+)	Notional value	Fair-value (-)
1.0 - 2001	U.S.	0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 191		0	0	0	0	0	0	0	0	0	0	0	0	0
1.10 - 191		0	0	0	0	0	0	0	0	0	0	0	0	0
1.20 - 201		0	0	0	0	0	0	0	0	0	0	0	0	0
2.00 - 201		0	0	0	0	0	0	0	0	0	0	0	0	0
2.10 - 201		0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 201		0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 201		0	0	0	0	0	0	0	0	0	0	0	0	0
1.00 - 201
1.00 - 201		0	0	0	0	0	0	0	0	0	0	0	0	0

---

2016 EU-wide Stress Test: Sovereign

Sydbank

Dato (GB)		31-12-2015
Residual Maturity	Country / Region	GROSS DIRECT LONG (corresponds) (accounting value) (rate of provision) / (1)	NET DIRECT EXPOSURES (accounting value) (rate of provision) / (1)	DIRECT SOVEREIGN EXPOSURES IN DERIVATIVES (1)			INDIRECT SOVEREIGN EXPOSURES (3) (on and off balance sheet)
								Derivatives with positive fair value		Derivatives with negative fair value		Derivatives with positive fair value		Derivatives with negative fair value
			of which: APS	of which: FHS (designed) or fair value (living in profitable)	of which: IAT* (2)	of which: HTR	of which: Loans and reconciles.	Notional value	Fair-value (+)	Notional value	Fair-value (-)	Notional value	Fair-value (+)	Notional value	Fair-value (-)
[0 - 20]	Africa	0	0	0	0	0	0	0	0	0	0	0	0	0	0
[20 - 19]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[19 - 29]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[29 - 39]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[39 - 59]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[59 - 129]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[129 - more]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[0]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[0 - 20]	Others	0	0	0	0	0	0	0	0	0	0	0	0	0	0
[20 - 19]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[19 - 29]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[29 - 39]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[39 - 59]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[59 - 129]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[129 - more]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
[0]		0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total		814	814	0	0	320	0	485	0	0	0	0	1	2	207

Notes, definitions and options
(1) The exposure together (over n/a) exposure to central, regional and local governments on immediate turnover basis, and do not include exposures to other counterparts with full or partial government guarantees. Exposure to central banks should not be included here.
(2) For countries in HPT the smooth include gross exposures (long) net of cash short positions of sovereign debt to other counterparties only where there is a maturity matching.
(3) The exposure together include the evidence towards counterbanks rather than separately (or associate credit) net (i.e. C2S) booked in on the accounting portfolio (or-off balance sheet). Irrespective of the denomination and/or accounting classification of the positions.
Other advanced non-SNA: Caste, Knota, New Zealand, San Marino, Singapore, Taiwan and Russia.
Other CSE non-SNA: Atlanta, Bosnia and Herzegovina, Kosovo, FHS Haculavna, Netherlands, Serbia, and Tunisia.
Vistula fixed: Ternary (initial final) (Fondary,Serien, Sudan,Kouta,Koban,Zidan,Zidan,Plazofanko,Zidan,Lebanon,Kuwait,Jordan,Zoja,Zore,Odessa) and Bahrain.
Latin America: Venezuela,Uruguay, Trinidad and Tobago,Suriname,St. Vincent and the Grenadines,St. Lucia,St. Kitts and Nevis,Peru,Paraguay,Panama, Nicaragua, Mexico, Jamaica,Honduras,Haiti,Guyana,Guatemala, Grenada,St. Salvador, Ecuador, Dominican Republic,Dominica, Costa Rica,Colombia, Chile, Brazil, Bolivia and Belize.
Africa: South Africa, Tunisia, Morocco, Egypt and Albania.

---

2016 EU-wide Stress Test - Risk exposure amounts

Sydbank

(min EUR)	Baseline scenario				Adverse scenario
	31/12/2015	31/12/2016	31/12/2017	31/12/2018	31/12/2016	31/12/2017	31/12/2018
Risk exposure amount for credit risk	6,627	6,627	6,627	6,627	6,882	7,001	7,009
Risk exposure amount for securitisations and re-securitisations	0	0	0	0	0	0	0
Risk exposure amount other credit risk	6,627	6,627	6,627	6,627	6,882	7,001	7,009
Risk exposure amount for market risk	1,386	1,386	1,386	1,386	1,386	1,386	1,386
Risk exposure amount for operational risk	1,097	1,097	1,097	1,097	1,097	1,097	1,097
Other risk exposure amounts	0	0	0	0	0	0	0
Total risk exposure amount	9,110	9,111	9,111	9,111	9,365	9,485	9,493

---

2016 EU-wide Stress Test - P&L

Sydbank

(mln EUR)	Baseline Scenario				Adverse Scenario
	31-12-2015	31/12/2016	31/12/2017	31/12/2018	31/12/2016	31/12/2017	31/12/2018
Net interest income (1)	336	336	336	336	332	325	314
Interest income	385	412	440	467	459	463	441
(Interest expense)	-50	-72	-94	-117	-127	-138	-127
Dividend income	9	9	9	9	4	4	4
Net fee and commission income	215	215	215	215	182	182	182
Gains or (-) losses on financial assets and liabilities held for trading, net	-3	0	0	0	-173	0	0
Gains or (-) losses on financial assets and liabilities designated at fair value through profit and loss, net	12				0
Other operating income not listed above, net	13	3	3	3	-13	-13	-13
Total operating income, net	581	562	562	562	331	497	487
(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss)	-42	-73	-55	-50	-143	-145	-141
Other income and expenses not listed above, net	-341	-326	-326	-326	-350	-327	-327
Profit or (-) loss before tax from continuing operations	197	163	181	185	-162	25	18
(Tax expenses or (-) income related to profit or loss from continuing operations)	-44	-49	-54	-55	0	0	0
Profit or (-) loss after tax from discontinued operations	0	0	0	0	0	0	0
Profit or (-) loss for the year (2)	154	114	126	129	-162	25	18
Attributable to owners of the parent	154	114	126	129	-162	25	18
Amount of dividends paid	108	57	63	65	0	8	5
Attributable to owners of the parent net of estimated dividends	46	57	63	65	-162	18	13

(1) Projected Nil may differ from the sum of interest income and interest expenses due to the application of the cap on Nil (paragraphs 308 of the methodological note).
(2) Due to recognised one-off costs in 2015 in line with section 6.4.2 on the methodological note, projections include the impact of a reduction in one or several of administrative expenses; profit or loss from discontinued operations; other operating expenses.
The estimated impact of these one-off adjustments before tax is: 2016 Baseline €29mln; 2017 Baseline €29mln; 2018 Baseline €29mln; 2016 Adverse €13mln; 2017 Adverse €13mln; 2018 Adverse €13mln

---

2016 EU-wide Stress Test: Capital

Sydbank

(nm EUR, %)

	A	OWN FUNDS	Baseline Scenario	Adverse Scenario
31/12/2015	31/12/2016	31/12/2017	31/12/2018	31/12/2016
OWN FUNDS	A	GNIH FUNDS	1,687	1,669
A.1	COMMON EQUITY TIER 1 CAPITAL (set of deductions and after applying transitional adjustments)	1,331	1,381	1,448
A.1.1	Capital instruments eligible as CET1 Capital (including stores premium and net own capital instruments)	12	11	11
A.1.1.1	18 which: CET1 instruments subscribed by Government	0	0	0
A.1.2	Retained earnings	1,338	1,286	1,450
A.1.3	Accumulated other comprehensive income	11	11	11
A.1.3.1	18 which: arising from unrealised gains/losses from Sovereign exposure in APS portfolio	0	0	0
A.1.3.2	18 which: arising from unrealised gains/losses from the rest of APS portfolio	0	0	0
A.1.4	Other Research	98	98	98
A.1.5	Funds for general banking risk	0	0	0
A.1.6	Minority interest given recognition in CET1 capital	0	0	0
A.1.7	Adjustments to CET1 due to prudential filters	0	0	0
A.1.8	(1) Unadgibt assets (including Goodwill)	41	58	56
A.1.9	(1) DTAs that rely on future profitability and do not arise from temporary differences net of associated DTs.s	4	4	4
A.1.10	(1) IRB shortfall of credit risk adjustments to expected losses	0	0	0
A.1.11	(1) Defined benefit pension fund assets	0	0	0
A.1.12	(1) Reciprocal cross holdings in CET1 Capital	0	0	0
A.1.13	(1) Excess deduction from EFL items over AT1 Capital	0	0	0
A.1.14	(1) Deductions related to assets which can alternatively be subject to a 1250% risk weight	0	0	0
A.1.14.1	18 which: from securitisation positions (-)	0	0	0
A.1.16	(1) Holdings of CET1 capital instruments of financial sector entities where the institution does not have a significant investment	0	0	0
A.1.16	(1) Deductible DTAs that rely on future profitability and arise from temporary differences	0	0	0
A.1.17	(1) EFT1 instruments of financial sector entities where the institution has a significant investment	02	-01	-01
A.1.18	(1) Amount exceeding the 17.05% threshold	0	0	0
A.1.20	(1) Additional deductions of CET1 Capital due to Article 3 CBR	0	0	0
A.1.20	CET1 capital elements or deductions - other	0	0	0
A.1.21	Transitional adjustments	0	0	0
A.1.21.1	Transitional adjustments due to grandfathered CET1 Capital instruments (-/-)	0	0	0
A.1.21.2	Transitional adjustments to CET1 Capital from unrealised gains/losses from Sovereign exposure in APS portfolio (-/-)	0	0	0
A.1.21.4	Transitional adjustments to CET1 Capital from unrealised gains/losses from the rest of APS portfolio (-/-)	0	0	0
A.1.21.5	Other transitional adjustments to CET1 Capital	0	0	0
A.1.21.5.1	18 which: due to DTAs that rely on future profitability and do not arise from temporary differences	0	0	0
A.1.21.5.2	18 which: due to DTAs that rely on future profitability and arise from temporary differences and CET1 instruments of financial sector entities where the institution has a significant investment	0	0	0
TOTAL RISK EXPENDING AMOUNT	A.2	ADDITIONAL TIER 1 CAPITAL (set of deductions and after transitional adjustments)	128	112
A.2.1	Additional Tier 1 Capital Instruments	0	0	0
A.2.2	(1) Excess deduction from T2 items over T2 capital	0	0	0
A.2.3	Other Additional Tier 1 Capital components and deductions	0	0	0
A.2.4	Additional Tier 1 transitional adjustments	138	110	90
A.3	TIER 1 CAPITAL (set of deductions and after transitional adjustments)	1,451	1,493	1,548
A.4	TIER 2 CAPITAL (set of deductions and after transitional adjustments)	122	102	178
A.4.1	Tier 2 Capital Instruments	174	174	174
A.4.2	Other Tier 2 Capital components and deductions	24	24	24
A.4.3	Tier 2 transitional adjustments	-02	-45	-27
TOTAL RISK EXPENDING AMOUNT	B	TOTAL RISK EXPENDING AMOUNT	9,118	9,111
B.1	18 which: Transitional adjustments included	0	0	0
CAPITAL RATIOS (%) Transitional period	C.1	Common Equity Tier 1 Capital ratio	14.89%	15.19%
C.2	Tier 1 Capital ratio	13.93%	16.28%	16.99%
C.3	Total Capital ratio	17.63%	18.17%	18.77%
CAPITAL RATIOS (%) Fully funded	D.1	Common Equity Tier 1 Capital ratio (1)	14.50%	15.15%
D.2	Tier 1 Capital ratio (2)	14.99%	15.15%	13.88%
D.3	Total Capital ratio (3)	16.78%	17.43%	18.16%
Memorandum Items	B	Total amount of instruments with mandates conversion into software shares upon a fixed date in the 2015 -2016 period (correlation conversion) (4)	0	0
B	Total liabilities Tier 1 and Tier 2 instruments eligible as regulatory capital under the CBR provisions that convert into Common Equity Tier 1 or are written down upon a trigger event (1)
F.1	18 which: eligible instruments whose trigger is above CET1 capital ratio in the adverse scenario (5)
G.1	Total Sovereign ratio expressions (transitional)	19,247	19,247	19,247
G.2	Total Sovereign ratio expressions (fully funded)	19,247	19,247	19,247
G.3	Sovereign ratio (transitional)	7.93%	7.75%	8.60%
G.4	Sovereign ratio (fully funded)	6.86%	7.17%	7.52%

(1) Fully funded CET1 capital ratio estimation: $(4.1 - 4.1, 12 - 4.1, 21 + 498)(4.2 - 4.1, 12 - 4.2, 21 + 498)(4.4 - 4.2, 2 - 4.4, 5,25)$ (5)(5) - 0.1)
(2) Fully funded T2 capital ratio estimation: $(4.1 - 4.1, 21 - 4.2, 4,2 + 4,4, 4 + 4,4, 5)$ (5) - 0.1). This ratio does not include grandfathered AT1 capital instruments meeting the conditions laid down in Article 63 of CBR and, hence, eligible as fully funded T2 capital. Therefore, the ratio could be underestimated for banks with material instruments of such kind.
(4) Conversions not considered for CET1 computers
(5) Excluding instruments included in row 5

---

2016 EU-wide Stress Test

Information on performing and non-performing exposures¹

Sydbank

(mln EUR)	31-12-2015
	Gross carrying amount			Accumulated impairment, accumulated changes in fair value due to credit risk and provisions			Collaterals and financial guarantees received on non-performing exposures
	Of which performing but past due >30 days and <=90 days	Of which non-performing		On performing exposures²	On non-performing exposures³
		Of which: defaulted
Debt securities (including at amortised cost and fair value)	0	0	0	0	0	0	0
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances (including at amortised cost and fair value)	10,735	19	983	354	66	478	220
Central banks
General governments	125	0	1	0	0	1	0
Credit institutions	0	0	0	0	0	0	0
Other financial corporations	851	0	64	37	0	29	13
Non-financial corporations	6,085	10	694	273	50	330	165
Households	3,675	9	223	45	17	119	41
DEBT INSTRUMENTS other than HFT	10,735	19	983	354	66	478	220
OFF-BALANCE SHEET EXPOSURES	4,221		313	115	0	16	0

¹ For the definition of non-performing exposures please refer to COMMISSION IMPLEMENTING REGULATION (EU) 2015/227 of 9 January 2015, ANNEX V, Part 2-Template related instructions, subtitle 29
² Institutions report here collective allowances for incurred but not reported losses (instruments at amortised cost) and changes in fair value of performing exposures due to credit risk and provisions (instruments at fair value other than HFT)
³ Institutions report here specific allowances for financial assets, individually and collectively estimated (instruments at amortised cost) and changes in fair value of NPE due to credit risk and provisions (instruments at fair value other than HFT)

---

2016 EU-wide Stress Test

Information on forborne exposures¹

Sydbank

(mln EUR)	31-12-2015
	Gross carrying amount of exposures with forbearance measures		Accumulated impairment, accumulated changes in fair value due to credit risk and provisions for exposures with forbearance measures		Collateral and financial guarantees received on exposures with forbearance measures
		Of which non-performing exposures with forbearance measures		Of which on non-performing exposures with forbearance measures
Debt securities (including at amortised cost and fair value)	0	0	0	0	0
Central banks
General governments
Credit institutions
Other financial corporations
Non-financial corporations
Loans and advances (including at amortised cost and fair value)	302	286	210	143	66
Central banks
General governments	0	0	0	0	0
Credit institutions	0	0	0	0	0
Other financial corporations	21	21	12	12	2
Non-financial corporations	231	217	154	105	55
Poulencius	49	47	43	27	10
DOWT INSTRUMENTS other than HFT	302	286	210	143	66
Loan commitments given

¹ For the definition of forborne exposures please refer to COMMISSION IMPLEMENTING REGULATION (EU) 2015/227 of 9 January 2015, ANNEX V, Part 2-Template related instructions, subtitle 30