Unicredit - Financial Supplement Data 2016

Bank Name Master_version_2015 TRA Templates 26102015	UniCredit SpA
LEI Code	549300TRUWO2CD2G5692
Country Code	IT

Capital UniCredit SpA

		(mln EUR, %)	As of 31/12/2015 As of 30/06/2016		COREP CODE	REGULATION
	A	OWN FUNDS	55,579	55,960	C 01.00 (r010,c010)	Articles 4(118) and 72 of CRR
	A.1	COMMON EQUITY TIER 1 CAPITAL (net of deductions and after applying transitional adjustments)	41,375	41,955	C 01.00 (r020,c010)	Article 50 of CRR
	A.1.1	Capital instruments eligible as CET1 Capital (including share premium and net own capital instruments)	35,522	34,524	C 01.00 (r030,c010)	Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f) and 42 of CRR
	A.1.2	Retained earnings	9,820	12,480	C 01.00 (r130,c010)	Articles 26(1) point (c), 26(2) and 36 (1) points (a) and (l) of CRR
	A.1.3	Accumulated other comprehensive income	-3,977	-5,025	C 01.00 (r180,c010)	Articles 4(100), 26(1) point (d) and 36 (1) point (l) of CRR
	A.1.4	Other Reserves	5,423	5,557	C 01.00 (r200,c010)	Articles 4(117) and 26(1) point (e) of CRR
	A.1.5	Funds for general banking risk	0	0	C 01.00 (r210,c010)	Articles 4(112), 26(1) point (f) and 36 (1) point (l) of CRR
	A.1.6	Minority interest given recognition in CET1 capital	1,328	1,257	C 01.00 (r230,c010)	Article 84 of CRR
	A.1.7	Adjustments to CET1 due to prudential filters	-908	-833	C 01.00 (r250,c010)	Articles 32 to 35 of and 36 (1) point (l) of CRR
	A.1.8	(-) Intangible assets (including Goodwill)	-5,776	-5,709	C 01.00 (r300,c010) + C 01.00 (r340,c010)	Articles 4(113), 36(1) point (b) and 37 of CRR. Articles 4(115), 36(1) point (b) and 37 point (a) of CCR
	A.1.9	(-) DTAs that rely on future profitability and do not arise from temporary differences net of associated DTLs	-308	-329	C 01.00 (r370,c010)	Articles 36(1) point (c) and 38 of CRR
	A.1.10	(-) IRB shortfall of credit risk adjustments to expected losses	0	-2	C 01.00 (r380,c010)	Articles 36(1) point (d), 40 and 159 of CRR
	A.1.11	(-) Defined benefit pension fund assets	-44	-48	C 01.00 (r390,c010)	Articles 4(109), 36(1) point (e) and 41 of CRR
	A.1.12	(-) Reciprocal cross holdings in CET1 Capital	0	0	C 01.00 (r430,c010)	Articles 4(122), 36(1) point (g) and 44 of CRR
	A.1.13	(-) Excess deduction from AT1 items over AT1 Capital	0	0	C 01.00 (r440,c010)	Article 36(1) point (j) of CRR
	A.1.14	(-) Deductions related to assets which can alternatively be subject to a 1.250% risk weight	-173	-235	C 01.00 (r450,c010) + C 01.00 (r460,c010) + C 01.00 (r470,c010) + C 01.00 (r471,c010)+ C 01.00 (r472,c010)	Articles 4(36), 36(1) point (k) (i) and 89 to 91 of CRR; Articles 36(1) point (k) (ii), 243(1) point (b), 244(1) point (b) and 258 of CRR; Articles 36(1) point k) (iii) and 379(3) of CRR; Articles 36(1) point k) (iv) and 153(8) of CRR and Articles 36(1) point k) (v) and 155(4) of CRR.
	A.1.14.1	Of which: from securitisation positions (-)	-173	-235	C 01.00 (r460,c010)	Articles 36(1) point (k) (ii), 243(1) point (b), 244(1) point (b) and 258 of CRR
	A.1.15	(-) Holdings of CET1 capital instruments of financial sector entities where the institiution does not have a significant investment	0	0	C 01.00 (r480,c010)	Articles 4(27), 36(1) point (h); 43 to 46, 49 (2) and (3) and 79 of CRR
OWN FUNDS Transitional period	A.1.16	(-) Deductible DTAs that rely on future profitability and arise from temporary differences	0	0	C 01.00 (r490,c010)	Articles 36(1) point (c) and 38; Articles 48(1) point (a) and 48(2) of CRR
	A.1.17	(-) Holdings of CET1 capital instruments of financial sector entities where the institiution has a significant investment	0	0	C 01.00 (r500,c010)	Articles 4(27); 36(1) point (i); 43, 45; 47; 48(1) point (b); 49(1) to (3) and 79 of CRR
	A.1.18	(-) Amount exceding the 17.65% threshold	0	0	C 01.00 (r510,c010)	Article 48 of CRR
	A.1.19	(-) Additional deductions of CET1 Capital due to Article 3 CRR	0	0	C 01.00 (r524,c010)	Article 3 CRR
	A.1.20	CET1 capital elements or deductions - other	-363	-410	C 01.00 (r529,c010)	-
	A.1.21	Transitional adjustments	831	730	CA1 {1.1.1.6 + 1.1.1.8 + 1.1.1.26}	-
	A.1.21.1	Transitional adjustments due to grandfathered CET1 Capital instruments (+/-)	0	0	C 01.00 (r220,c010)	Articles 483(1) to (3), and 484 to 487 of CRR
	A.1.21.2	Transitional adjustments due to additional minority interests (+/-)	979	649	C 01.00 (r240,c010)	Articles 479 and 480 of CRR
	A.1.21.3	Other transitional adjustments to CET1 Capital (+/-)	-148	81	C 01.00 (r520,c010)	Articles 469 to 472, 478 and 481 of CRR
	A.2	ADDITIONAL TIER 1 CAPITAL (net of deductions and after transitional adjustments)	3,545	3,179	C 01.00 (r530,c010)	Article 61 of CRR
	A.2.1	Additional Tier 1 Capital instruments	1,864	1,806	C 01.00 (r540,c010) + C 01.00 (r670,c010)
	A.2.2	(-) Excess deduction from T2 items over T2 capital	0	0	C 01.00 (r720,c010)
	A.2.3	Other Additional Tier 1 Capital components and deductions	-47	-45	C 01.00 (r690,c010) + C 01.00 (r700,c010) + C 01.00 (r710,c010) + C 01.00 (r740,c010) + C 01.00 (r744,c010) + C 01.00 (r748,c010)
	A.2.4	Additional Tier 1 transitional adjustments	1,728	1,418	C 01.00 (r660,c010) + C 01.00 (r680,c010) + C 01.00 (r730,c010)
	A.3	TIER 1 CAPITAL (net of deductions and after transitional adjustments)	44,920	45,134	C 01.00 (r015,c010)	Article 25 of CRR
	A.4	TIER 2 CAPITAL (net of deductions and after transitional adjustments)	10,659	10,826	C 01.00 (r750,c010)	Article 71 of CRR
	A.4.1	Tier 2 Capital instruments	8,811	8,778	C 01.00 (r760,c010) + C 01.00 (r890,c010)
	A.4.2	Other Tier 2 Capital components and deductions	-738	103	C 01.00 (r910,c010) + C 01.00 (r920,c010) + C 01.00 (r930,c010) + C 01.00 (r940,c010) + C 01.00 (r950,c010) + C 01.00 (r970,c010) + C 01.00 (r974,c010) + C 01.00 (r978,c010)
	A.4.3	Tier 2 transitional adjustments	2,585	1,945	C 01.00 (r880,c010) + C 01.00 (r900,c010) + C 01.00 (r960,c010)
OWN FUNDS	B	TOTAL RISK EXPOSURE AMOUNT	390,599	399,260	C 02.00 (r010,c010)	Articles 92(3), 95, 96 and 98 of CRR
REQUIREMENTS	B.1	Of which: Transitional adjustments included	1	0	C 05.01 (r010;c040)
	C.1	COMMON EQUITY TIER 1 CAPITAL RATIO (transitional period)	10.59%	10.51%	CA3 {1}	-
CAPITAL RATIOS (%) Transitional period	C.2	TIER 1 CAPITAL RATIO (transitional period)	11.50%	11.30%	CA3 {3}	-
	C.3	TOTAL CAPITAL RATIO (transitional period)	14.23%	14.02%	CA3 {5}	-
CET1 Capital Fully loaded	D	COMMON EQUITY TIER 1 CAPITAL (fully loaded)	40,545	41,225	[A.1-A.1.13-A.1.21+MIN(A.2+A.1.13- A.2.2-A.2.4+MIN(A.4+A.2.2-A.4.3,0),0)]	-
CET1 RATIO (%) Fully loaded1	E	COMMON EQUITY TIER 1 CAPITAL RATIO (fully loaded)	10.38%	10.33%	[D.1]/[B-B.1]	-

(1) Fully loaded CET1 capital ratio estimation based on the formulae stated in column "COREP CODE"

Risk exposure amounts

UniCredit SpA

	as of 31/12/2015	as of 30/06/2016
(mln EUR)
Risk exposure amounts for credit risk	333,598	337,609
Risk exposure amount for securitisation and re-securitisations in the banking book	2,881	2,963
Risk exposure amount for contributions to the default fund of a CCP	70	96
Risk exposure amount Other credit risk	330,648	334,550
Risk exposure amount for position, foreign exchange and commodities (Market risk)	10,964	17,887
of which: Risk exposure amount for securitisation and re-securitisations in the trading book1	13	9
Risk exposure amount for Credit Valuation Adjustment	4,881	4,209
Risk exposure amount for operational risk	41,100	39,492
Other risk exposure amounts	55	63
Total Risk Exposure Amount	390,599	399,260

(1) May include hedges, which are not securitisation positions, as per Article 338.3 of CRR

P&L

UniCredit SpA

(mln EUR)	As of 31/12/2015	As of 30/06/2016
Interest income	21,783	10,499
Of which debt securities income	3,294	1,556
Of which loans and advances income	15,886	7,624
Interest expenses	9,245	4,221
(Of which deposits expenses)	3,560	1,674
(Of which debt securities issued expenses)	4,369	1,837
(Expenses on share capital repayable on demand)	0	0
Dividend income	406	345
Net Fee and commission income	8,076	4,057
Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, and of non financial assets, net	510	777
Gains or (-) losses on financial assets and liabilities held for trading, net	515	43
Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net	-184	279
Gains or (-) losses from hedge accounting, net	-13	-45
Exchange differences [gain or (-) loss], net	763	235
Net other operating income /(expenses)	1,101	492
TOTAL OPERATING INCOME, NET	23,711	12,460
(Administrative expenses)	15,203	7,795
(Depreciation)	1,081	575
(Provisions or (-) reversal of provisions)	766	153
(Commitments and guarantees given)	1	-114
(Other provisions)	765	267
Of which pending legal issues and tax litigation1	239
Of which restructuring1	1,555
(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss)	4,356	1,981
(Loans and receivables)	4,289	1,929
(Held to maturity investments, AFS assets and financial assets measured at cost)	67	52
(Impairment or (-) reversal of impairment of investments in subsidaries, joint ventures and associates and on non-financial assets)	71	39
(of which Goodwill)	0	0
Negative goodwill recognised in profit or loss	0	0
Share of the profit or (-) loss of investments in subsidaries, joint ventures and associates	346	200
Profit or (-) loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations	2	2
PROFIT OR (-) LOSS BEFORE TAX FROM CONTINUING OPERATIONS	2,582	2,119
PROFIT OR (-) LOSS AFTER TAX FROM CONTINUING OPERATIONS	2,444	1,575
Profit or (-) loss after tax from discontinued operations	-400	-14
PROFIT OR (-) LOSS FOR THE YEAR	2,044	1,562
Of which attributable to owners of the parent	1,694	1,321

(1) Information available only as of end of the year

Market Risk

UniCredit SpA
---------------	--

		SA					IM										IM
	As of 31/12/2015	As of 30/06/2016					As of 31/12/2015										As of 30/06/2016
			VaR (Memorandum item)		STRESSED VaR (Memorandum item)		INCREMENTAL DEFAULT AND MIGRATION RISK CAPITAL CHARGE			ALL PRICE RISKS CAPITAL CHARGE FOR CTP			VaR (Memorandum item)		STRESSED VaR (Memorandum item)		CAPITAL CHARGE	INCREMENTAL DEFAULT AND MIGRATION RISK		ALL PRICE RISKS CAPITAL CHARGE FOR CTP
(mln EUR)	TOTAL RISK EXPOSURE AMOUNT	TOTAL RISK EXPOSURE AMOUNT	MULTIPLICATION FACTOR (mc) x AVERAGE OF PREVIOUS 60 WORKING DAYS (VaRavg)	PREVIOUS DAY (VaRt-1)	MULTIPLICATION FACTOR (ms) x AVERAGE OF PREVIOUS 60 WORKING DAYS (SVaRavg)	LATEST AVAILABLE (SVaRt-1)	12 WEEKS AVERAGE MEASURE	LAST MEASURE FLOOR		12 WEEKS AVERAGE MEASURE	LAST MEASURE	TOTAL RISK EXPOSURE AMOUNT	MULTIPLICATION FACTOR (mc) x AVERAGE OF PREVIOUS 60 WORKING DAYS (VaRavg)	PREVIOUS DAY (VaRt-1)	MULTIPLICATION FACTOR (ms) x AVERAGE OF PREVIOUS 60 WORKING DAYS (SVaRavg)	LATEST AVAILABLE (SVaRt-1)	12 WEEKS AVERAGE MEASURE	LAST MEASURE FLOOR		12 WEEKS AVERAGE MEASURE	LAST MEASURE	TOTAL RISK EXPOSURE AMOUNT
Traded Debt Instruments	1,539	1,066	76	45	251	108							162	39	389	90
Of which: General risk	1,444	1,022	58	38	134	90							113	22	223	44
Of which: Specific risk	86	34	71	16	285	70							114	29	325	77
Equities	13	32	40	10	106	17							52	12	100	15
Of which: General risk	2	19	0	0	0	0							0	0	0	0
Of which: Specific risk	2	4	40	10	106	17							52	12	100	15
Foreign exchange risk	673	456	116	26	186	40							96	28	166	45
Commodities risk	0	0	11	5	85	44							10	3	53	5
Total	2,225	1,554	88	17	208	63	388	403	0	0	0	8,739	562	46	376	95	368	366	0	0	0	16,332

Credit Risk - Standardised Approach

UniCredit SpA

					Standardised Approach
				As of 31/12/2015				As of 30/06/2016
	(mln EUR, %)	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions
	Central governments or central banks	153,747	164,183	25,573		154,794	167,867	25,651
	Regional governments or local authorities	43,192	42,489	1,731		43,776	43,751	1,674
	Public sector entities	13,395	8,028	2,019		13,249	7,950	1,931
	Multilateral Development Banks	399	792	0		549	924	0
	International Organisations	4,901	4,901	0		1,527	1,527	0
	Institutions	76,885	12,588	10,203		91,969	14,843	10,453
	Corporates	104,822	74,961	70,678		104,602	73,613	70,906
	of which: SME	29,267	19,280	18,763		25,470	20,781	20,103
	Retail	59,037	43,054	30,241		59,974	44,281	31,138
	of which: SME	22,172	11,947	6,966		16,103	12,329	7,223
Consolidated data	Secured by mortgages on immovable property	17,992	17,666	7,718		17,689	17,469	7,625
	of which: SME	3,805	3,746	1,714		3,674	3,617	1,651
	Exposures in default	23,762	11,113	13,224	11,922	22,943	10,696	12,718	11,634
	Items associated with particularly high risk	1,824	1,698	2,547		2,060	1,954	2,931
	Covered bonds	671	671	117		516	516	98
	Claims on institutions and corporates with a ST credit assessment	1,232	1,106	1,248		1,237	719	742
	Collective investments undertakings (CIU)	306	306	298		760	760	782
	Equity	4,039	4,034	4,037		3,584	3,579	3,582
	Securitisation	843	843	337		809	809	336
	Other exposures	20,426	20,366	15,180		19,597	19,562	15,243
	Standardised Total	527,474	408,798	185,152	13,349	539,635	410,820	185,811	12,902
	(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

						Standardised Approach
				As of 31/12/2015				As of 30/06/2016
	1	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2
	(mln EUR, %) Central governments or central banks	81,824	83,851	19,308		86,581	88,948	18,967
	Regional governments or local authorities	5,720	2,972	586		5,404	3,158	622
	Public sector entities	4,275	2,209	1,629		4,121	2,248	1,568
	Multilateral Development Banks	0	0	0		0	0	0
	International Organisations	0	0	0		0	0	0
	Institutions	67,782	4,201	8,262		81,424	4,781	8,387
	Corporates	24,404	19,125	18,573		23,437	18,918	18,700
	of which: SME	6,171	5,650	5,540		5,649	5,102	5,002
	Retail	19,520	14,392	10,209		19,658	14,608	10,435
	of which: SME	4,131	3,629	2,192		4,056	3,522	2,169
ITALY	Secured by mortgages on immovable property	4,014	3,989	1,785		3,902	3,872	1,734
	of which: SME	2,756	2,736	1,184		2,697	2,672	1,162
	Exposures in default	12,752	6,303	7,469	6,176	12,258	6,181	7,278	5,875
	Items associated with particularly high risk	1,403	1,326	1,990		1,628	1,571	2,356
	Covered bonds	0	0	0		0	0	0
	Claims on institutions and corporates with a ST credit assessment	21	21	16		0	0	0
	Collective investments undertakings (CIU)	17	17	16		509	509	509
	Equity	2,786	2,781	2,781		2,472	2,466	2,466
	Securitisation
	Other exposures	10,969	10,953	8,553		10,507	10,492	8,696
	Standardised Total2				6,631				6,353

(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects). (2) Total value adjustments and provisions per country of counterparty does not include Securistisation exposures

						Standardised Approach
				As of 31/12/2015				As of 30/06/2016
		Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2
	2 (mln EUR, %)
	Central governments or central banks	8,559	9,688	0		3,581	5,941	0
	Regional governments or local authorities	27,885	28,113	0		29,159	29,335	0
	Public sector entities	4,674	4,949	6		4,578	4,847	4
	Multilateral Development Banks International Organisations	0 0	0 0	0 0		0 0	0 0	0 0
	Institutions	2,728	2,667	286		2,669	2,444	280
	Corporates	4,455	3,222	2,735		4,642	3,394	3,019
	of which: SME	855	685	654		894	719	700
	Retail	2,332	974	713		2,096	952	681
	of which: SME	246	113	68		351	204	120
GERMANY	Secured by mortgages on immovable property	304	302	112		333	329	122
	of which: SME	31	31	12		25	25	9
	Exposures in default	367	80	100	118	222	70	90	121
	Items associated with particularly high risk	14	14	21		20	15	22
	Covered bonds	75	75	7		75	75	10
	Claims on institutions and corporates with a ST credit assessment	158	106	83		230	230	200
	Collective investments undertakings (CIU)	13	13	26		15	15	38
	Equity	117	117	117		124	124	124
	Securitisation
	Other exposures	2,153	2,145	1,985		2,121	2,121	2,116
	Standardised Total2				139				131

						Standardised Approach
				As of 31/12/2015				As of 30/06/2016
		Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2
	3 (mln EUR, %)
	Central governments or central banks	11,635	14,830	0		11,688	14,802	0
	Regional governments or local authorities Public sector entities	5,611 2,093	7,440 264	12 53		5,544 2,242	7,405 282	12 56
	Multilateral Development Banks	0	0	0		0	0	0
	International Organisations	0	0	0		0	0	0
	Institutions	555	845	177		201	514	110
	Corporates	6,030	3,112	3,064		4,915	2,299	2,182
	of which: SME	1,163	829	782		1,343	1,028	913
	Retail	940	563	390		1,048	632	431
	of which: SME	222	183	105		290	242	138
AUSTRIA	Secured by mortgages on immovable property	520	517	247		530	527	251
	of which: SME	272	270	128		263	261	123
	Exposures in default	289	179	230	95	273	171	222	90
	Items associated with particularly high risk	0	0	0		0	0	0
	Covered bonds	0	0	0		0	0	0
	Claims on institutions and corporates with a ST credit assessment	55	55	47		45	45	37
	Collective investments undertakings (CIU)	1	1	0		1	1	0
	Equity	445	445	445		439	439	439
	Securitisation
	Other exposures	1,996	1,996	1,656		1,937	1,936	1,642
	Standardised Total2				107				109

Credit Risk - Standardised Approach

UniCredit SpA

					Standardised Approach
				As of 31/12/2015				As of 30/06/2016
		Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2
	4 (mln EUR, %)
	Central governments or central banks	7,288	6,788	3,394		7,357	6,921	3,461
	Regional governments or local authorities	0	0	0		0	0	0
	Public sector entities Multilateral Development Banks	75 0	39 0	39 0		70 0	34 0	34 0
	International Organisations	0	0	0		0	0	0
	Institutions	0	0	0		0	0	0
	Corporates	20,532	15,441	15,340		21,991	16,370	16,260
	of which: SME	13,310	6,746	6,645		8,852	7,232	7,122
	Retail	14,061	8,878	5,855		14,498	9,221	6,111
	of which: SME	12,878	4,502	2,573		6,414	4,506	2,575
TURKEY	Secured by mortgages on immovable property	1,017	1,008	353		1,007	996	349
	of which: SME	0	0	0		0	0	0
	Exposures in default	870	268	278	599	1,000	278	292	716
	Items associated with particularly high risk	0	0	0		0	0	0
	Covered bonds	0	0	0		0	0	0
	Claims on institutions and corporates with a ST credit assessment	0	0	0		0	0	0
	Collective investments undertakings (CIU) Equity	0 53	0 53	0 53		0 29	0 29	0 29
	Securitisation
	Other exposures	660	660	366		819	819	440
	Standardised Total2				749				849

					Standardised Approach
				As of 31/12/2015				As of 30/06/2016
		Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2
	5 (mln EUR, %) Central governments or central banks	6,437	6,604	55		7,059	7,237	149
	Regional governments or local authorities	2,895	2,960	592		2,638	2,706	541
	Public sector entities	177	67	27		145	50	35
	Multilateral Development Banks	0	0	0		0	0	0
	International Organisations	0	0	0		0	0	0
	Institutions	673	678	284		249	244	210
	Corporates	17,387	11,395	11,300		16,785	11,069	10,900
	of which: SME	133	79	72		172	128	113
	Retail	10,096	8,561	6,207		9,904	8,398	6,080
	of which: SME	1,948	1,196	683		1,942	1,223	699
POLAND	Secured by mortgages on immovable property	5,941	5,794	3,067		6,030	5,924	3,096
	of which: SME	289	277	240		233	227	207
	Exposures in default	1,599	474	556	1,122	1,516	430	514	1,082
	Items associated with particularly high risk	1	1	2		1	1	2
	Covered bonds	0	0	0		0	0	0
	Claims on institutions and corporates with a ST credit assessment	0	0	0		0	0	0
	Collective investments undertakings (CIU)	0	0	0		0	0	0
	Equity	42	42	42		34	34	34
	Securitisation
	Other exposures	1,472	1,464	770		1,082	1,074	460
	Standardised Total2				1,357				1,334

						Standardised Approach
				As of 31/12/2015			As of 30/06/2016 Exposure Risk exposure Value1 amount 17,043 17,926 0 119 119 0 0 0 0 0 0 0 0 0 0 15 9 5 106 61 60 21 16 16 22 13 8 14 8 5 2 2 1 0 0 0 25 10 11 0 0 0 440 440 88 52 50 11
	6 (mln EUR, %)	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1			Value adjustments and provisions2
	Central governments or central banks	14,983	15,724	0
	Regional governments or local authorities	120	120	0
	Public sector entities	0	0	0
	Multilateral Development Banks	0	0	0
	International Organisations	0	0	0
	Institutions	61	46	24
	Corporates	118	80	80
	of which: SME	9	8	8
	Retail	9	5	4
	of which: SME	1	0	0
SPAIN	Secured by mortgages on immovable property	3	3	1
	of which: SME	0	0	0
	Exposures in default	27	10	10	16				14
	Items associated with particularly high risk	0	0	0
	Covered bonds	501	501	100
	Claims on institutions and corporates with a ST credit assessment	52	50	11
	Collective investments undertakings (CIU)	3	3	1		1	1	1
	Equity	96	96	96		86	86	86
	Securitisation
	Other exposures	0	0	0		0	0	0
	Standardised Total2 (1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).				19				15

					Standardised Approach
				As of 31/12/2015				As of 30/06/2016
		Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2
7	(mln EUR, %)
	Central governments or central banks	361	361	0		26	151	0
	Regional governments or local authorities	0	0	0		0	0	0
	Public sector entities	0	0	0		0	0	0
	Multilateral Development Banks	0	0	0		0	0	0
	International Organisations	0	0	0		0	0	0
	Institutions	1,523	1,219	343		4,569	4,474	818
	Corporates	3,042	2,985	833		392	365	289
	of which: SME	321	10	10		62	57	55
	Retail	46	37	27		55	42	29
	of which: SME	1	1	1		20	13	7
UNITED KINGDOM	Secured by mortgages on immovable property	1,089	1,077	378		918	908	319
	of which: SME	1	1	0		3	2	1
	Exposures in default	169	134	168	35	155	125	158	30
	Items associated with particularly high risk	2	2	3		28	28	41
	Covered bonds	0	0	0		0	0	0
	Claims on institutions and corporates with a ST credit assessment	3	3	1		23	23	20
	Collective investments undertakings (CIU)	0	0	1		1	1	0
	Equity	133	133	133		52	52	52
	Securitisation	21	14	13		25	15	13
	Other exposures
	Standardised Total2				48				41

(2) Total value adjustments and provisions per country of counterparty does not include Securistisation exposures

Credit Risk - Standardised Approach

UniCredit SpA

					Standardised Approach
				As of 31/12/2015				As of 30/06/2016
		Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2
	8 (mln EUR, %)
	Central governments or central banks	1,131	1,145	752		1,653	1,689	1,144
	Regional governments or local authorities	12	10	10		2	0	0
	Public sector entities	70	60	60		70	61	61
	Multilateral Development Banks	0	0	0		0	0	0
	International Organisations	0	0	0		0	0	0
	Institutions	0	0	0		0	0	0
	Corporates of which: SME	6,315 2,118	4,792 1,778	4,734 1,719		7,174 2,058	5,101 1,620	5,044 1,563
	Retail	1,464	1,227	902		1,464	1,267	932
	of which: SME	114	102	58		115	102	58
RUSSIAN	Secured by mortgages on immovable property	253	252	88		268	267	93
FEDERATION	of which: SME	3	3	1		5	4	1
	Exposures in default	598	249	293	314	740	273	310	419
	Items associated with particularly high risk	0	0	0		0	0	0
	Covered bonds	0	0	0		0	0	0
	Claims on institutions and corporates with a ST credit assessment	612	539	806		783	233	343
	Collective investments undertakings (CIU)	0	0	0		0	0	0
	Equity	0	0	0		0	0	0
	Securitisation
	Other exposures	350	350	173		336	336	181
	Standardised Total2				357				463

						Standardised Approach
				As of 31/12/2015				As of 30/06/2016
		Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2	Original Exposure1	Exposure Value1	Risk exposure amount	Value adjustments and provisions2
9	(mln EUR, %)
	Central governments or central banks Regional governments or local authorities	100 0	100 0	0 0		109 0	110 0	0 0
	Public sector entities	0	0	0		0	0	0
	Multilateral Development Banks	0	0	0		0	0	0
	International Organisations	0	0	0		0	0	0
	Institutions	959	865	195		557	456	115
	Corporates	2,254	1,612	1,347		2,914	1,726	1,427
	of which: SME	183	60	60		361	130	129
	Retail	24	13	9		37	28	18
	of which: SME	5	3	2		16	14	8
UNITED STATES	Secured by mortgages on immovable property	7	7	3		7	6	2
	of which: SME	0	0	0		0	0	0
	Exposures in default	31	17	20	10	27	11	16	9
	Items associated with particularly high risk	23	22	33		19	18	27
	Covered bonds	0	0	0		0	0	0
	Claims on institutions and corporates with a ST credit assessment	107	107	107		19	19	12
	Collective investments undertakings (CIU)	117	117	118		115	115	115
	Equity	3	3	3		42	42	42
	Securitisation
	Other exposures	43	43	43		45	45	45
	Standardised Total2				16				15

		Standardised Approach As of 31/12/2015 As of 30/06/2016 Value Value Original Exposure Original Exposure Risk exposure Risk exposure adjustments and Exposure1 Value1 Exposure1 Value1 amount amount provisions2 738 768 3 740 772 7 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 59 58 12 4 2 1 657 524 504 733 589 562 369 299 280 420 336 310 612 528 316 615 532 319 526 449 256 522 445 255 92 92 46 94 94 46

10	(mln EUR, %)								adjustments and provisions2
	Central governments or central banks
	Regional governments or local authorities
	Public sector entities
	Multilateral Development Banks
	International Organisations
	Institutions
	Corporates
	of which: SME
	Retail
	of which: SME
CZECH REPUBLIC	Secured by mortgages on immovable property
	of which: SME	20	20	9		21	20	10
	Exposures in default	75	41	57	30	113	70	99	31
	Items associated with particularly high risk	0	0	0		0	0	0
	Covered bonds	0	0	0		0	0	0
	Claims on institutions and corporates with a ST credit assessment	0	0	0		0	0	0
	Collective investments undertakings (CIU)	0	0	0		0	0	0
	Equity	10	10	10		9	9	9
	Securitisation
	Other exposures	325	325	221		298	298	204
	Standardised Total2				44				44

Credit Risk - IRB Approach UniCredit SpA

							IRB Approach
					As of 31/12/2015						As of 30/06/2016
			Original Exposure1	Exposure		Risk exposure amount	Value adjustments		Original Exposure1	Exposure		Risk exposure amount	Value adjustments
	(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted	Value1		Of which: defaulted	and provisions
	Central banks and central governments	24,385	261	23,757	987	0	115	26,488	235	24,342	1,226	0	79
	Institutions	66,274	8	56,979	7,781	1	20	63,628	6	54,119	7,103	1	38
	Corporates	395,278	39,393	246,295	101,607	3,874	20,503	405,429	37,462	255,432	105,798	3,735	20,060
	Corporates - Of Which: Specialised Lending	25,127	3,037	22,892	9,477	24	1,333	25,038	2,371	22,301	9,570	20	1,193
	Corporates - Of Which: SME	84,689	20,533	66,918	23,591	2,350	11,047	84,836	19,547	67,168	24,230	2,250	10,747
	Retail	164,022	22,608	138,940	34,002	6,156	11,592	164,082	22,647	139,279	33,459	6,241	11,751
	Retail - Secured on real estate property	95,802	11,568	95,147	21,230	4,259	4,369	96,080	11,635	95,420	20,781	4,334	4,371
	Retail - Secured on real estate property - Of Which: SME	8,159	2,032	7,952	1,762	240	717	7,895	2,070	7,701	1,633	254	729
Consolidated data	Retail - Secured on real estate property - Of Which: non	87,642	9,536	87,194	19,467	4,019	3,653	88,185	9,565	87,719	19,148	4,081	3,642
	SME Retail - Qualifying Revolving	8,706	469	5,181	668	51	441	8,763	446	5,211	644	49	423
	Retail - Other Retail	59,513	10,571	38,612	12,104	1,846	6,781	59,240	10,566	38,647	12,034	1,857	6,956
	Retail - Other Retail - Of Which: SME	46,864	10,184	27,992	7,282	1,808	6,435	46,205	10,186	27,999	7,186	1,817	6,591
	Retail - Other Retail - Of Which: non-SME	12,650	387	10,620	4,822	38	347	13,034	380	10,648	4,848	40	365
	Equity	201	0	201	615	0		177	0	177	535	0
	Securitisation	19,130		18,606	2,543		0	21,320		20,688	2,627		0
	Other non credit-obligation assets				841						953
	IRB Total				148,377						151,702
	(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

									IRB Approach
						As of 31/12/2015						As of 30/06/2016
				Original Exposure1	Exposure Value1		Risk exposure amount	Value adjustments and		Original Exposure1	Exposure Value1		Risk exposure amount	Value adjustments and
1		(mln EUR, %)		Of which: defaulted			Of which: defaulted	provisions		Of which: defaulted			Of which: defaulted	provisions
		Central banks and central governments	20	20	341	24	0	17	17	16	435	32	0	25
	Institutions		19,828	1	18,563	2,802	0	6	15,518	1	15,016	2,160	0	23
	Corporates				81,723	35,773	3,683	15,581	140,746	29,500	83,559	36,899	3,565	15,438
		Corporates - Of Which: Specialised Lending	2,774	284	2,244	1,050	0	71	3,150	317	2,604	1,085	0	81
		Corporates - Of Which: SME	37,190	17,806	29,933	11,371	2,285	9,428	36,456	16,872	29,249	11,373	2,186	9,192
	Retail		106,231	20,946	87,990	22,123	6,060	10,284	105,657	21,085	88,011	21,799	6,148	10,480
		Retail - Secured on real estate property	62,073	10,911	62,055	15,447	4,241	4,009	62,025	11,031	62,035	15,235	4,318	4,047
		Retail - Secured on real estate property - Of Which: SME	5,627	1,884	5,533	1,449	237	646	5,358	1,934	5,277	1,316	250	671
ITALY		Retail - Secured on real estate property - Of Which: non	56,445	9,027	56,522	13,999	4,004	3,362	56,667	9,097	56,758	13,919	4,067	3,376
		SME Retail - Qualifying Revolving	0	0	0	0	0	0	0	0	0	0	0	0
		Retail - Other Retail	44,158	10,035	25,934	6,676	1,819	6,275	43,631	10,054	25,976	6,564	1,831	6,433
		Retail - Other Retail - Of Which: SME	43,507	9,959	25,415	6,470	1,793	6,240	42,843	9,974	25,432	6,353	1,802	6,403
	Retail - Other Retail - Of Which: non-SME				520	206	26	35	788	80	543	211	29	30
	Equity		5	0	5	11	0	0	4	0	4	7	0	0
	Securitisation
		Other non credit-obligation assets
	IRB Total

(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

							IRB Approach
				As of 31/12/2015						As of 30/06/2016
			Original Exposure1	Exposure		Risk exposure amount	Value adjustments	Original Exposure1		Exposure		Risk exposure amount	Value adjustments
	(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted	Value1		Of which: defaulted	and provisions
	Central banks and central governments	0	0	0	0	0	0	0	0	0	0	0	0
	Institutions	5,853	0	5,269	559	0	2	4,864	0	4,311	593	0	3
	Corporates	92,168	3,009	59,908	16,834	5	1,419	97,381	2,775	62,831	17,795	5	1,420
	Corporates - Of Which: Specialised Lending	5,311	1,089	5,135	1,143	0	452	5,209	942	4,913	1,050	0	473
	Corporates - Of Which: SME	25,081	874	19,270	3,939	3	427	25,498	837	19,894	4,184	3	416
	Retail	33,616	595	28,868	5,065	3	309	33,986	563	28,985	4,950	3	296
	Retail - Secured on real estate property	21,048	300	20,509	2,980	2	92	21,018	275	20,478	2,783	2	77
	Retail - Secured on real estate property - Of Which: SME	868	19	786	112	0	6	872	21	791	118	0	6
GERMANY	Retail - Secured on real estate property - Of Which: non	20,181	280	19,723	2,867	2	86	20,145	255	19,687	2,665	1	71
	Retail - Qualifying Revolving SME	4,895	31	2,463	280	0	25	4,851	32	2,429	251	0	25
	Retail - Other Retail	7,673	264	5,896	1,806	1	192	8,117	255	6,078	1,916	1	194
	Retail - Other Retail - Of Which: SME	2,045	80	1,464	409	0	53	2,059	78	1,469	418	0	53
	Retail - Other Retail - Of Which: non-SME	5,627	184	4,432	1,397	0	139	6,058	177	4,609	1,498	0	141
	Equity	26	0	26	55	0	0	33	0	33	66	0	0
	Securitisation
	Other non credit-obligation assets
	IRB Total
	(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

							IRB Approach
					As of 31/12/2015					As of 30/06/2016
			Original Exposure1	Exposure		Risk exposure amount	Value adjustments	Original Exposure1		Exposure		Risk exposure amount	Value adjustments
3	(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted	Value1		Of which: defaulted	and provisions
	Central banks and central governments	220	220	220	0	0	94	197	197	197	0	0	49
	Institutions	5,073	1	3,782	582	0	2	4,826	1	3,647	468	0	1
	Corporates	39,365	1,574	25,799	6,526	111	1,084	39,176	1,417	25,750	6,802	104	934
	Corporates - Of Which: Specialised Lending	4,066	9	3,324	220	0	5	4,352	3	3,647	330	0	6
	Corporates - Of Which: SME	9,691	717	7,687	1,704	51	463	9,585	663	7,602	1,682	48	437
	Retail	21,489	977	19,533	5,953	88	927	21,586	910	19,581	5,795	82	894
	Retail - Secured on real estate property	11,146	318	11,057	2,562	11	248	11,417	292	11,291	2,505	10	235
	Retail - Secured on real estate property - Of Which: SME	1,622	125	1,592	193	3	63	1,623	113	1,593	190	3	51
AUSTRIA	Retail - Secured on real estate property - Of Which: non	9,524	194	9,465	2,369	8	185	9,795	179	9,698	2,315	7	184
	SME Retail - Qualifying Revolving	3,755	419	2,664	372	51	398	3,859	396	2,732	378	48	380
	Retail - Other Retail	6,587	240	5,812	3,019	26	280	6,310	222	5,559	2,912	24	278
	Retail - Other Retail - Of Which: SME	1,201	135	1,015	348	15	131	1,170	124	978	351	14	125
	Retail - Other Retail - Of Which: non-SME	5,386	105	4,797	2,671	11	150	5,140	98	4,581	2,561	11	153
	Equity	110	0	110	397	0	0	84	0	84	336	0	0
	Securitisation
	Other non credit-obligation assets
	IRB Total
	(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

Credit Risk - IRB Approach

UniCredit SpA

								IRB Approach
					As of 31/12/2015						As of 30/06/2016
				Original Exposure1	Exposure		Risk exposure amount	Value adjustments	Original Exposure1		Exposure		Risk exposure amount	Value adjustments
4		(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted	Value1		Of which: defaulted	and provisions
		Central banks and central governments	351	0	1	0	0	0	347	0	1	0	0	0
	Institutions		0	0	0	0	0	0	0	0	0	0	0	0
	Corporates		7,379	142	4,554	2,651	0	62	7,749	138	4,814	2,631	0	84
		Corporates - Of Which: Specialised Lending	437	106	415	81	0	46	726	89	591	129	0	52
		Corporates - Of Which: SME	40	0	40	3	0	0	81	19	82	45	0	8
	Retail		10	0	3	1	0	0	3	0	3	1	0	0
		Retail - Secured on real estate property	1	0	1	0	0	0	3	0	3	1	0	0
		Retail - Secured on real estate property - Of Which: SME Retail - Secured on real estate property - Of Which: non	0	0	0	0	0	0	0	0	0	0	0	0
TURKEY		SME Retail - Qualifying Revolving	1 0	0 0	1 0	0 0	0 0	0 0	3 0	0 0	3 0	1 0	0 0	0 0
		Retail - Other Retail	9	0	2	1	0	0	1	0	1	0	0	0
		Retail - Other Retail - Of Which: SME	9	0	1	0	0	0	0	0	0	0	0	0
		Retail - Other Retail - Of Which: non-SME	1	0	1	0	0	0	1	0	1	0	0	0
	Equity		0	0	0	0	0	0	0	0	0	0	0	0
	Securitisation
		Other non credit-obligation assets
	IRB Total
		(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

								IRB Approach
					As of 31/12/2015						As of 30/06/2016
				Original Exposure1	Exposure		Risk exposure amount	Value adjustments	Original Exposure1		Exposure		Risk exposure amount	Value adjustments
5		(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted	Value1		Of which: defaulted	and provisions
		Central banks and central governments	480	0	480	99	0	0	430	0	430	91	0	0
	Institutions		47	0	32	11	0	0	69	0	58	15	0	0
	Corporates		1,095	24	1,040	321	2	23	1,084	20	1,033	255	2	18
		Corporates - Of Which: Specialised Lending	449	20	430	42	2	16	426	18	410	48	2	16
		Corporates - Of Which: SME	68	4	70	15	0	5	59	2	60	19	0	1
	Retail		1	0	1	0	0	0	25	0	25	8	0	0
		Retail - Secured on real estate property	1	0	1	0	0	0	1	0	1	0	0	0
		Retail - Secured on real estate property - Of Which: SME	0	0	0	0	0	0	0	0	0	0	0	0
POLAND		Retail - Secured on real estate property - Of Which: non	1	0	1	0	0	0	1	0	1	0	0	0
		Retail - Qualifying Revolving SME	0	0	0	0	0	0	0	0	0	0	0	0
		Retail - Other Retail	0	0	0	0	0	0	24	0	24	8	0	0
		Retail - Other Retail - Of Which: SME	0	0	0	0	0	0	24	0	24	7	0	0
		Retail - Other Retail - Of Which: non-SME	0	0	0	0	0	0	0	0	0	0	0	0
	Equity		0	0	0	0	0	0	0	0	0	0	0	0
	Securitisation
		Other non credit-obligation assets
	IRB Total
		(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

								IRB Approach
					As of 31/12/2015						As of 30/06/2016
				Original Exposure1	Exposure		Risk exposure amount	Value adjustments		Original Exposure1	Exposure		Risk exposure amount	Value adjustments
6		(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted	Value1		Of which: defaulted	and provisions
		Central banks and central governments	0	0	16	3	0	0	0	0	14	2	0	0
	Institutions		6,778	0	5,843	217	0	1	5,802	0	4,653	149	0	0
	Corporates		2,655	244	1,602	640	1	56	3,021	243	1,929	904	1	61
		Corporates - Of Which: Specialised Lending	202	176	209	13	0	32	196	176	203	11	0	31
		Corporates - Of Which: SME	11	0	14	5	0	2	8	0	8	1	0	0
	Retail		17	1	17	3	0	1	15	1	15	2	0	1
		Retail - Secured on real estate property	16	0	16	3	0	0	14	0	13	2	0	0
		Retail - Secured on real estate property - Of Which: SME	1	0	1	0	0	0	1	0	1	1	0	0
SPAIN		Retail - Secured on real estate property - Of Which: non	15	0	15	2	0	0	13	0	13	2	0	0
		Retail - Qualifying Revolving SME	0	0	0	0	0	0	0	0	0	0	0	0
		Retail - Other Retail	1	1	1	0	0	1	1	1	1	0	0	1
		Retail - Other Retail - Of Which: SME	1	1	1	0	0	1	1	1	1	0	0	1
		Retail - Other Retail - Of Which: non-SME	1	0	1	0	0	0	1	0	1	0	0	0
	Equity		0	0	0	1	0	0	0	0	0	1	0	0
	Securitisation
		Other non credit-obligation assets
	IRB Total
		(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

	As of 31/12/2015 As of 30/06/2016

			Exposure			Value adjustments			Exposure			Value adjustments
(mln EUR, %)		Of which: defaulted			Of which: defaulted	provisions		Of which: defaulted			Of which: defaulted	and provisions
Central banks and central governments	0	0	0	0	0	0	0	0	0	0	0	0
Institutions	8,659	1	8,258	820	0	2	7,775	1	7,409	821	0	2
Corporates	8,621	13	6,175	1,690	1	21	9,537	7	7,190	2,015	1	20
Corporates - Of Which: Specialised Lending	875	5	845	221	0	4	593	0	556	157	0	1
Corporates - Of Which: SME	97	2	80	40	0	2	80	1	62	26	0	1
Retail	63	3	62	14	1	2	62	3	59	14	1	2
Retail - Secured on real estate property	55	2	55	13	1	1	53	1	52	12	1	1
Retail - Secured on real estate property - Of Which: SME	3	0	3	0	0	0	3	0	3	0	0	0
Retail - Secured on real estate property - Of Which: non	52	2	52	12	1	1	50	1	50	12	1	1
Retail - Qualifying Revolving SME	3	0	2	0	0	0	2	0	1	0	0	0
Retail - Other Retail	5	1	5	2	0	1	7	1	6	1	0	1
Retail - Other Retail - Of Which: SME	1	0	1	0	0	0	0	0	0	0	0	0
Retail - Other Retail - Of Which: non-SME	5	1	4	2	0	1	7	1	5	1	0	1
Equity	24	0	24	72	0	0	5	0	5	16	0	0
Securitisation
Other non credit-obligation assets
IRB Total
			Original Exposure1	Value1		Risk exposure amount (1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).	and		Original Exposure1	Value1		Risk exposure amount

Credit Risk - IRB Approach

UniCredit SpA

								IRB Approach
					As of 31/12/2015						As of 30/06/2016
				Original Exposure1	Exposure	Risk exposure amount		Value adjustments	Original Exposure1		Exposure		Risk exposure amount	Value adjustments
8		(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted	Value1		Of which: defaulted	and provisions
		Central banks and central governments	0	0	0	0	0	0	0	0	0	0	0	0
	Institutions		0	0	0	0	0	0	0	0	0	0	0	0
	Corporates		10,418	283	7,893	5,176	1	71	10,712	208	7,843	4,752	0	85
		Corporates - Of Which: Specialised Lending	125	0	130	15	0	0	110	0	115	43	0	0
		Corporates - Of Which: SME	347	12	318	133	0	0	764	10	583	312	0	1
	Retail		15	0	14	5	0	0	15	0	13	4	0	0
		Retail - Secured on real estate property	12	0	12	4	0	0	11	0	11	4	0	0
		Retail - Secured on real estate property - Of Which: SME	0	0	0	0	0	0	0	0	0	0	0	0
RUSSIAN FEDERATION		Retail - Secured on real estate property - Of Which: non	12	0	12	4	0	0	11	0	11	4	0	0
		SME Retail - Qualifying Revolving	0	0	0	0	0	0	0	0	0	0	0	0
		Retail - Other Retail	2	0	2	1	0	0	3	0	2	1	0	0
		Retail - Other Retail - Of Which: SME	0	0	0	0	0	0	0	0	0	0	0	0
		Retail - Other Retail - Of Which: non-SME	2	0	2	1	0	0	3	0	2	1	0	0
	Equity		1	0	1	5	0	0	2	0	2	6	0	0
	Securitisation
		Other non credit-obligation assets
	IRB Total
		(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

			IRB Approach
					As of 31/12/2015				As of 30/06/2016
				Original Exposure1	Exposure	Risk exposure amount		Value adjustments	Original Exposure1		Exposure	Risk exposure amount		Value adjustments
9		(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted	Value1		Of which: defaulted	and provisions
		Central banks and central governments	2,363	0	2,380	0	0	0	2,100	0	2,116	0	0	0
	Institutions				1,248	295	0	1	1,467	0	1,211	229	0	0
	Corporates		13,515	27	6,178	2,054	0	27	13,592	18	6,477	1,868	0	19
		Corporates - Of Which: Specialised Lending	236	0	173	54	0	1	233	0	187	67	0	0
		Corporates - Of Which: SME	18	3	17	5	0	3	36	3	35	50	0	9
	Retail		44	3	42	10	1	1	52	3	49	11	1	1
		Retail - Secured on real estate property	38	2	37	8	1	0	42	2	41	8	1	0
		Retail - Secured on real estate property - Of Which: SME	1	0	1	0	0	0	0	0	0	0	0	0
UNITED STATES		Retail - Secured on real estate property - Of Which: non	37	2	36	8	1	0	42	2	41	8	1	0
		Retail - Qualifying Revolving SME	0	0	0	0	0	0	0	0	0	0	0	0
		Retail - Other Retail	6	1	5	2	0	0	9	1	7	3	0	0
		Retail - Other Retail - Of Which: SME	0	0	1	0	0	0	0	0	0	0	0	0
		Retail - Other Retail - Of Which: non-SME	6	1	5	2	0	0	9	1	7	3	0	0
	Equity		5	0	5	15	0	0	11	0	11	29	0	0
	Securitisation
		Other non credit-obligation assets
	IRB Total
		(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

		IRB Approach
					As of 31/12/2015			As of 30/06/2016
			Original Exposure1	Exposure	Risk exposure amount		Value adjustments		Original Exposure1	Exposure Value1	Risk exposure amount		Value adjustments
10	(mln EUR, %)		Of which: defaulted	Value1		Of which: defaulted	and provisions		Of which: defaulted			Of which: defaulted	and provisions
	Central banks and central governments	5,025	0	5,168	236	0	0	5,466	0	5,619	284	0	0
	Institutions	819	0	780	162	0	0	1,390	0	1,383	161	0	0
	Corporates	9,887	318	7,825	5,116	1	223	10,261	274	8,310	5,606	1	204
	Corporates - Of Which: Specialised Lending	2,090	128	1,978	1,292	0	62	1,989	98	1,848	1,329	0	31
	Corporates - Of Which: SME	3,341	140	2,692	1,833	1	119	3,487	127	2,849	2,054	1	97
	Retail	2,230	64	2,118	741	0	54	2,359	64	2,234	784	0	62
	Retail - Secured on real estate property	1,197	23	1,191	160	0	12	1,267	22	1,268	172	0	3
	Retail - Secured on real estate property - Of Which: SME	30	3	29	7	0	1	30	2	29	8	0	0
CZECH REPUBLIC	Retail - Secured on real estate property - Of Which: non	1,167	21	1,162	153	0	12	1,237	20	1,239	164	0	3
	SME Retail - Qualifying Revolving	48	17	48	15	0	16	44	16	44	14	0	16
	Retail - Other Retail	986	24	879	566	0	25	1,048	26	922	599	0	43
	Retail - Other Retail - Of Which: SME	84	6	75	49	0	7	87	6	79	49	0	8
	Retail - Other Retail - Of Which: non-SME	902	17	804	517	0	18	961	20	844	549	0	36
	Equity	0	0	0	0	0	0	0	0	0	0	0	0
	Securitisation
	Other non credit-obligation assets
	IRB Total
	(1) Original exposure, unlike Exposure value, is reported before taking into account any effect due to credit conversion factors or credit risk mitigation techniques (e.g. substitution effects).

Sovereign Exposure

UniCredit SpA

(mln EUR)										As of 31/12/2015
					Memo: breakdown by accounting portfolio
	Financial assets: Carrying Amount
Country / Region				Held for			Designated at fair value			Available-for			Loans and			Held-to
		of which:	of which:	trading1	of which:	of which:	through profit	of which:	of which:	sale3	of which:	of which:	Receivables4	of which:	of which:	maturity investments	of which:	of which:
		loans and advances	debt securities		Loans and advances	Debt securities	or loss2	Loans and advances	Debt securities		Loans and advances	Debt securities		Loans and advances	Debt securities		Loans and advances	Debt securities
TOTAL - ALL COUNTRIES	167,303.8	27,250.5	140,053.3	11,568.2	775.6	10,792.5	26,195.0	1,125.2	25,069.9	99,198.3	0.0	99,198.3	27,831.8	25,349.7	2,482.1	2,512.5	0.0	2,512.5
Austria	15,292.4	5,495.7	9,796.7
Belgium	687.6	0.0	687.6
Bulgaria	1,419.3	182.2	1,237.1
Croatia	3,391.8	2,551.2	840.6
Cyprus	0.0	0.0	0.0
Czech Republic	2,388.4	12.8	2,375.6
Denmark	0.0	0.0	0.0
Estonia	0.0	0.0	0.0
Finland	26.6	0.0	26.6
France	3,650.0	0.0	3,650.0
Germany	28,286.2	7,976.9	20,309.3
Greece	0.5	0.0	0.5
Hungary	1,854.5	36.7	1,817.8
Ireland	8.0	0.0	8.0
Italy Latvia	68,807.2	6,607.6	62,199.5
Lithuania	3.7 31.5	0.0 0.0	3.7 31.5
Luxembourg	1,248.4	0.0	1,248.4
Malta	1.0	0.0	1.0
Netherlands	39.1	0.0	39.1
Poland	8,553.3	1,461.5	7,091.9
Portugal	107.4	0.0	107.4
Romania	1,708.8	119.8	1,589.0
Slovakia	1,170.9	30.7	1,140.2
Slovenia	619.0	210.1	408.9
Spain	15,297.3	0.0	15,297.3
Sweden	4.2	0.0	4.2
United Kingdom	0.0	0.0	0.0
Iceland	15.3	0.0	15.3
Liechtenstein	0.0	0.0	0.0
Norway	0.3	0.0	0.3
Switzerland	2.0	0.2	1.8
Australia	0.0	0.0	0.0
Canada	1.5	0.0	1.5
China	92.6	0.0	92.6
Hong Kong Japan	3.6	0.0	3.6
U.S.	245.3 297.9	0.0 0.0	245.3 297.9
Other advanced economies non EEA	1,163.3	86.2	1,077.1
Other Central and eastern Europe countries non EEA	5,248.5	874.0	4,374.5
Middle East	8.0	8.0	0.0
Latin America and the Caribbean	315.2	310.0	5.2
Africa	95.4	94.0	1.4
Others	5,217.3	1,192.8	4,024.5

Note:

The information reported covers all exposures to "General governments" as defined in paragraph 41 (b) of Annex V of ITS on Supervisory reporting: "central governments, state or regional governments, and local governments, including administrative bodies and non-commercial undertakings, but excluding public companies and private companies held by these administrations that have a commercial activity (which shall be reported under "non-financial corporations"); social security funds; and international organisations, such as the European Community, the International Monetary Fund and the Bank for International Settlements.

Regions: Other advanced non EEA: Israel, Korea, New Zealand, Russia, San Marino, Singapore and Taiwan.

Other CEE non EEA: Albania, Bosnia and Herzegovina, FYR Macedonia, Montenegro, Serbia and Turkey.

Middle East: Bahrain, Djibouti, Iran, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Oman, Qatar, Saudi Arabia, Sudan, Syria, United Arab Emirates and Yemen.

Latin America: Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, Uruguay, Venezuela. Africa: Algeria, Egypt, Morocco, South Africa and Tunisia.

(1) Includes "Trading financial assets" portfolio for banks reporting under GAAP

(2) Includes "Non-trading non-derivative financial assets measured at fair value through profit or loss" portfolio for banks reporting under GAAP

(3) Includes "Non-trading non-derivative financial assets measured at fair value to equity" portfolio for banks reporting under GAAP

(4) Includes "Non-trading debt instruments measured at a cost-based method" and "Other non-trading non-derivative financial assets" portfolio for banks reporting under GAAP

Sovereign Exposure

UniCredit SpA

(mln EUR)										As of 30/06/2016
					Memo: breakdown by accounting portfolio
Country / Region	Financial assets: Carrying Amount			Held for		Designated at									Held-to
		of which: loans and advances	of which: debt securities	trading1	of which: Loans and advances	of which: Debt securities	fair value through profit or loss2	of which: Loans and advances	of which: Debt securities	Available-for sale3	of which: Loans and advances	of which: Debt securities	Loans and Receivables4	of which: Loans and advances	of which: Debt securities	maturity investments	of which: Loans and advances	of which: Debt securities
TOTAL - ALL COUNTRIES	182,634.9	26,415.8	156,219.1	17,392.9	265.6	17,127.3	22,956.3	1,114.7	21,841.7	111,755.0	0.0	111,755.0	27,564.2	25,035.5	2,528.7	2,968.6	0.0	2,968.6
Austria	15,434.1	5,278.3	10,155.7
Belgium	929.7	0.0	929.7
Bulgaria	1,739.7	166.0	1,573.6
Croatia	3,530.4	2,661.0	869.5
Cyprus	0.0	0.0	0.0
Czech Republic	2,472.9	16.7	2,456.2
Denmark	0.0	0.0	0.0
Estonia	0.0	0.0	0.0
Finland	31.2	0.0	31.2
France	4,950.6	0.0	4,950.6
Germany	29,192.8	7,667.9	21,524.9
Greece	0.4	0.0	0.4
Hungary	1,876.0	35.2	1,840.8
Ireland	38.2	0.0	38.2
Italy	77,208.2	6,418.8	70,789.4
Latvia	6.7	0.0	6.7
Lithuania	21.6	0.0	21.6
Luxembourg	1,809.8	0.0	1,809.8
Malta	1.1	0.0	1.1
Netherlands Poland	26.6	0.0	26.6
Portugal	10,018.0	1,281.5	8,736.4
Romania	105.9 1,682.3	0.0 116.8	105.9 1,565.5
Slovakia	1,199.6	29.0	1,170.6
Slovenia	747.6	211.3	536.3
Spain	17,431.9	0.0	17,431.9
Sweden	0.7	0.0	0.7
United Kingdom	0.0	0.0	0.0
Iceland	0.0	0.0	0.0
Liechtenstein	0.0	0.0	0.0
Norway	0.5	0.0	0.5
Switzerland	6.5	0.0	6.5
Australia	0.0	0.0	0.0
Canada	11.7	0.0	11.7
China	101.9	12.2	89.7
Hong Kong	3.5	0.0	3.5
Japan	900.5	0.0	900.5
U.S.	382.0	0.0	382.0
Other advanced economies non EEA	1,523.5	91.8	1,431.7
Other Central and eastern Europe countries non EEA	4,909.8	709.5	4,200.3
Middle East	132.7	132.7	0.0
Latin America and the Caribbean	322.8	316.5	6.3
Africa	120.3	120.1	0.3
Others	3,763.5	1,150.5	2,613.0

Note: The information reported covers all exposures to "General governments" as defined in paragraph 41 (b) of Annex V of ITS on Supervisory reporting: "central governments, state or regional governments, and local governments, including administrative bodies and non-commercial undertakings, but excluding public companies and private companies held by these administrations that have a commercial activity (which shall be reported under "non-financial corporations"); social security funds; and international organisations, such as the European Community, the International Monetary Fund and the Bank for International Settlements.

Regions:

Other advanced non EEA: Israel, Korea, New Zealand, Russia, San Marino, Singapore and Taiwan. Other CEE non EEA: Albania, Bosnia and Herzegovina, FYR Macedonia, Montenegro, Serbia and Turkey.

Middle East: Bahrain, Djibouti, Iran, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Oman, Qatar, Saudi Arabia, Sudan, Syria, United Arab Emirates and Yemen.

(1) Includes "Trading financial assets" portfolio for banks reporting under GAAP

(2) Includes "Non-trading non-derivative financial assets measured at fair value through profit or loss" portfolio for banks reporting under GAAP

(3) Includes "Non-trading non-derivative financial assets measured at fair value to equity" portfolio for banks reporting under GAAP

(4) Includes "Non-trading debt instruments measured at a cost-based method" and "Other non-trading non-derivative financial assets" portfolio for banks reporting under GAAP

Performing and non-performing exposures

UniCredit SpA

				As of 31/12/2015			As of 30/06/2016
		Gross carrying amount			Accumulated impairment, provisions	accumulated changes in fair value due to credit risk and	Collaterals and financial		Gross carrying amount			Accumulated impairment, accumulated changes in fair value due to credit risk and provisions		Collaterals and financial
		Of which performing but past due >30		Of which non-performing1		On non performing	guarantees received on non performing exposures		Of which performing but past due >30	Of which non-performing1		On performing exposures2	On non performing	guarantees received on non performing exposures
(mln EUR, %)		days and <=90 days		Of which: defaulted	exposures2	exposures3			days and <=90 days		Of which: defaulted		exposures3
Debt securities (including at amortised cost and fair value)	159,685	55	311	311	32	169	0	171,258	0	304	304	53	123	0
Central banks	352	0	0	0	0	0	0	0	0	0	0	0	0	0
General governments	129,328	0	164	164	-10	78	0	139,142	0	173	173	9	42	0
Credit institutions	16,150	0	0	0	2	0	0	17,405	0	0	0	5	0	0
Other financial corporations	10,624	55	93	93	33	54	0	11,210	0	80	80	32	44	0
Non-financial corporations	3,231	0	53	53	7	37	0	3,502	0	51	51	7	38	0
Loans and advances(including at amortised cost and fair value)	616,517	5,384	80,909	80,808	2,516	41,524	24,497	620,279	5,976	78,450	78,323	2,343	41,233	23,067
Central banks	30,911	0	0	0	0	0	0	23,356	0	0	0	0	0	0
General governments	26,657	20	482	482	72	110	21	26,319	340	318	318	69	100	37
Credit institutions	56,266	0	106	106	52	85	9	52,660	1	92	92	54	78	7
Other financial corporations	54,203	16	2,780	2,764	72	1,574	692	58,173	290	2,660	2,659	75	1,541	658
Non-financial corporations	300,602	1,665	57,911	57,834	1,419	29,816	16,022	311,800	2,098	56,122	56,007	1,385	29,860	14,863
of which: small and medium-sized enterprises at amortised cost	122,329	936	34,931	34,918	615	18,310	10,940	125,607	945	34,945	34,896	603	18,618	10,407
Households	147,879	3,683	19,630	19,623	901	9,939	7,753	147,970	3,247	19,257	19,247	760	9,655	7,503
DEBT INSTRUMENTS other than HFT	776,202	5,439	81,220	81,119	2,548	41,693	24,497	791,537	5,976	78,754	78,627	2,396	41,356	23,067
OFF-BALANCE SHEET EXPOSURES	329,349		4,618	4,546	322	502	807	331,946		4,311	4,303	249	459	718

(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) Insitutions report here collective allowances for incurrred 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) Insitutions 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)

Forborne exposures

UniCredit SpA

			As of 31/12/2015			As of 30/06/2016
	measures	Gross carrying amount of exposures with forbearance	Accumulated impairment, measures	accumulated changes in fair value due to credit risk and provisions for exposures with forbearance	Collateral and financial guarantees	measures	Gross carrying amount of exposures with forbearance	Accumulated impairment, measures	accumulated changes in fair value due to credit risk and provisions for exposures with forbearance	Collateral and financial guarantees
(mln EUR, %)		Of which non performing exposures with forbearance measures		Of which on non performing exposures with forbearance measures	received on exposures with forbearance measures		Of which non performing exposures with forbearance measures		Of which on non performing exposures with forbearance measures	received on exposures with forbearance measures
Debt securities (including at amortised cost and fair value)	11	11	2	2	0	13	13	5	5	0
Central banks	0	0	0	0	0	0	0	0	0	0
General governments	0	0	0	0	0	0	0	0	0	0
Credit institutions	0	0	0	0	0	0	0	0	0	0
Other financial corporations	0	0	0	0	0	3	3	3	3	0
Non-financial corporations	11	11	2	2	0	10	10	2	2	0
Loans and advances (including at amortised cost and fair value)	21,965	15,878	5,937	5,744	7,094	24,266	16,424	6,364	6,137	8,599
Central banks	0	0	0	0	0	0	0	0	0	0
General governments	77	58	15	15	21	72	54	15	15	36
Credit institutions	96	17	8	8	1	143	4	4	4	0
Other financial corporations	731	674	332	330	219	826	638	302	297	201
Non-financial corporations	16,891	13,218	4,985	4,874	4,342	17,693	13,647	5,372	5,252	4,673
of which: small and medium-sized enterprises at amortised cost	6,340	4,970	1,805	1,751	2,151	7,062	5,413	1,965	1,898	2,532
Households	4,170	1,910	597	516	2,512	5,533	2,080	670	569	3,689
DEBT INSTRUMENTS other than HFT	21,976	15,889	5,939	5,745	7,094	24,279	16,437	6,368	6,142	8,599
Loan commitments given	1,073	553	3	2	67	1,143	516	51	50	124

(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

AI assistant

Unicredit Financial Supplement Data 2016

4272_ffr_2016-12-02_a675b6a6-4711-49cf-94ff-737675426a0d.pdf

Risk exposure amounts

Sovereign Exposure

Sovereign Exposure

UniCredit SpA

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Unicredit — Financial Supplement Data 2016

4272_ffr_2016-12-02_a675b6a6-4711-49cf-94ff-737675426a0d.pdf

Risk exposure amounts

Sovereign Exposure

Sovereign Exposure

UniCredit SpA

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Unicredit Financial Supplement Data 2016