Mbank Sa · GPW:MBK
Mbank Sa — BRE Bank — Q3 2010 Earnings Presentation
66 slides from Mbank Sa's earnings presentation, Nov 4, 2010
Slide 1: Results of BRE Bank Group Q1-3 2010
Results of BRE Bank Group Q1-3 2010 Record high recurrent income Management Board of BRE Bank S.A. Presentation for Investors and Analysts 04 November 2010
Slide 2: Agenda
Agenda Summary of Q3/10 Analysis of Q3/10 Results Beyond Q3/10 Appendix Detailed Results of Business Lines Business Environment Additional Information: Selected Financial Data 2
Slide 3: Highlights of Q3/2010 in BRE Bank Group
Highlights of Q3/2010 in BRE Bank Group Record high recurrent income 1 in Q3 at PLN 795 M, up 6% QoQ 2 Significant decrease of cost of risk to 93 bps in Q3 & 127 bps YtD Further efficiency improvement: 3 C/I ratio down to 51% YtD Continued growth of customer base: 4 80.4 K of new clients in Q3 3
Slide 4: Summary of Q3/2010 in BRE Bank Group
Summary of Q3/2010 in BRE Bank Group Key Financials Profit before tax Q1-3/10 PLN 608.7 M Profit before tax Q3/10 PLN 279.9 M ROE before tax Q1-3/10 15.3% Cost/Income (C/I) Q1-3/10 51.0% Capital adequacy ratio 09/10 15.89% Core Tier 1 ratio 09/10 10.62% 4
Slide 5: Profitability of the Business Lines
Summary of Q3/2010 in BRE Bank Group Profitability of the Business Lines Quarterly Result before Tax by Business Line (PLN M) Corporates & Financial Markets1) Retail Banking Corporates and Institutions Trading and Investment Activity +255.3% +3.6% +85.3% 151.0 75.1 59.9 62.1 81.5 21.1 Q2/10 Q3/10 Q2
Slide 6: Development of Loans to Clients
Summary of Q3/2010 in BRE Bank Group Development of Loans to Clients Development of Gross Loans Structure of Gross Loans Portfolio (PLN B) as at 30 September 2010 +1.0%1) -1.6% BRE - others BRE - Individual 0,9% clients -1.0 0.0 BRE - Public +0.1 55,7% sector 1,6% -3.1% +0.0% +6.6% QoQ QoQ QoQ BRE B
Slide 7: Development of Deposit Base
Summary of Q3/2010 in BRE Bank Group Development of Deposit Base Development of Deposits Structure of Amounts Due to Clients (PLN B) as at 30 June 2010 +0.1% BBH BRE - Individual 0.4% clients Factoring -1.5 +1.8 -0.3 54.5% companies -5.6% +10.4% -43.0% BRE Bank 0.6% QoQ QoQ QoQ 97.3% 44.5 44.5 DI BR
Slide 8: Business Development: Corporates & Institutions
Summary of Q3/2010 in BRE Bank Group Business Development: Corporates & Institutions Revenue Net Interest Income Net Commission Income Revenue up by 9.1% QoQ (revenue before costs (PLN M) (PLN M) and by 30.4% YoY excl. LLP, PLN M) +30.4% +29.8% +4.9% Net interest income increased by 1.9% QoQ and by
Slide 9: Business Development: Retail Banking
Summary of Q1-3/2010 in BRE Bank Group Business Development: Retail Banking Record high revenue; Revenue Net Interest Income Net Commission Income (revenue before costs (PLN M) (PLN M) increase of 15.3% QoQ excl. LLP, PLN M) driven by higher net interest income and fee income 14.5% 10.9% 41.8% Net i
Slide 10: Agenda
Agenda Summary of Q3/10 Analysis of Q3/10 Results Beyond Q3/10 Appendix Detailed Results of Business Lines Business Environment Additional Information: Selected Financial Data 10
Slide 11: Analysis of Results, Q3/2010: Key Financials
Analysis of Results, Q3/2010 Key Financials (PLN M) Q3/2010 Q2/2010 Change QoQ Total income1) 825.1 766.1 +7.7% Total cost (416.9) (391.6) +6.5% Operating profit2) 408.2 374.5 +9.0% Net provisions (128.2) (203.5) -37.0% Profit before tax 279.9 1 7 1 .0 +63.7% Net profit3) 206.5 124.3 +66.2% Total as
Slide 12: Income of BRE Bank Group
Analysis of Results, Q3/2010 Income of BRE Bank Group BRE Bank Group Income QoQ & YoY Structure of BRE Bank Group Income (PLN M) by Business Line, Q3/10 +13.9% +7.7% Trading and +75.2% +38.2% +10.3% +15.5% +100% -27.8% Investment QoQ QoQ QoQ QoQ QoQ QoQ Corporates Activity; 29.6 21.8 and PLN 108 M;
Slide 13: Costs of BRE Bank Group
Analysis of Results, Q3/2010 Costs of BRE Bank Group Overhead Costs + Depreciation of BRE Bank Group QoQ & YoY Cost Structure by Business Line (PLN M) in Q3/10 +14.5% Retail +6.5% Banking; Trading and PLN 194 M; +13.2% +1.8% -1.1% +4.5% Investment 46.4% QoQ QoQ QoQ QoQ Activity; 15.7 PLN 46 M; 58.7
Slide 14: Structure of Loan Loss Provisions
Analysis of Results, Q3/2010 Structure of Loan Loss Provisions BRE Bank Group’s Decisive factors for Q3/10 LLP: Impairment Losses on Loans and Advances (PLN M) - Improvement of the overall financial situation of clients, -37.0% especially corporate -57.1% +71.8% -28.1% - Significantly lower provisio
Slide 15: Agenda
Agenda Summary of Q3/10 Analysis of Q3/10 Results Beyond Q3/10 Appendix Detailed Results of Business Lines Business Environment Additional Information: Selected Financial Data 15
Slide 16: Beyond Q3/2010 in BRE Bank Group
Beyond Q3/2010 in BRE Bank Group Consistent implementation of new strategy 1 focusing on profitable growth 2 Higher costs due to seasonal Q4 effects Continued prudent provisioning; 3 cost of risk at a normalized level Further deployment of liquidity and capital resources 4 in line with growing credi
Slide 17: Agenda
Agenda Summary of Q3/10 Analysis of Q3/10 results Beyond Q3/10 Appendix Detailed Results of Business Lines Business Environment Additional Information: Selected Financial Data 17
Slide 18: Appendix: Additional Information
Appendix Additional Information: Page No. Detailed Results of the Business Lines Page No. Selected Financial Data & Business Environment BRE Bank Retail Banking 19-30 P&L acc. to IFRS 48 Summary of Q3/10 20 Results of Subsidiaries 49 Customer Acquisition & Volume Trends 21-22 Interest Income 50 Acqu
Slide 19: Detailed Results of the Business Lines Q3/10: Retail Banking
Appendix Detailed Results of the Business Lines Q3/10 Retail Banking 19
Slide 20: Retail Banking Summary of Q3/10: Financial Results
Appendix BRE Bank Retail Banking Summary of Q3/10: Financial Results Profit before Tax of the Segment (by quarter, PLN M) -12.2 -15.5 -19.3 -21.5 -24.5 -14.5 -21.7 -16.0 -28.4 151 108.8 Retail Banking - total 0 -27.1 86.7 95.3 81.5 69 70.9 68.2 74 72.7 49 57.5 61.5 -37.6 mBank Cz & SK 43 29.8 11 11
Slide 21: Retail Banking (Poland) Customer Acquisition and Volume Trends
Appendix BRE Bank Retail Banking (Poland) Customer Acquisition and Volume Trends Data as at 30.09.2010 End of 06/10 Change End of 09/10 (M) 5 4 3.04 M clients +2.3% 3.11 M 3 2 1 4.2 M accounts +4.8% 4.4 M 0 Customers Accounts 21.6 B deposits (PLN) -2.8% 21.0 B (PLN B) Private Banking MultiBank mBank
Slide 22: Retail Banking (CZ/SK) Customer Acquisition and Volume Trends
Appendix BRE Bank Retail Banking (CZ/SK) Customer Acquisition and Volume Trends Data as at 30.09.2010 End of 06/10 Change End of 09/10 (thou.) 1 000 800 600 447.0 thou. customers +3.8% 463.9 thou. 400 200 0 Customers Accounts 879.4 thou. accounts +2.5% 901.8 thou. (EUR M) 1 200 1.02 B deposits (EUR)
Slide 23: Acquisition of Microenterprises
Appendix BRE Bank Retail Banking Acquisition of Microenterprises* 383 thousand microenterprises serviced by BRE Bank Retail Banking Number of Microenterprises at BRE Bank Retail Banking (thou.) 102.6 142.7 185.6 235.6 312.0 328.3 339.2 343.8 356.0 367.1 376.0 382.9 96.3 96.8 90.8 94.0 78.0 82.0 86.4
Slide 24: Deposits & Loans: Market Share
Appendix BRE Bank Retail Banking Deposits & Loans: Market Share Household Deposits* Household Loans* 09/10: 09/10: (PLN B) (PLN B) 5.0% 6.5% 35 7% 35 7.0% 6.7% 6.7% 6.6% 6.5% 6.4% 7% 30 6% 6.3% 5.2% 5.1% 5.3% 5.2% 30 5.9% 4.9% 5.0% 5.0% 4.7% 5.4% 5.5% 6% 25 4.6% 5% 5.2% 4.4% 4.4% 4.4% 5.1% 25 4.9% 5
Slide 25: Mortgage Loans: Portfolio Structure and Quality
Appendix BRE Bank Retail Banking Mortgage Loans: Portfolio Structure and Quality BRE Bank’s Mortgage Loan Portfolio Currency Structure of the Retail Banking Mortgage (Retail Banking* loans to individuals) Loan Portfolio (Household Loans) at 30.09.2010 Total PLN FX 10% Balance-sheet value 23.69 2.26
Slide 26: Distribution Network
Appendix BRE Bank Retail Banking Distribution Network Aspiro Distribution Network MultiBank Branches (in Poland) (in Poland) Total (at the end of period): Total (at the end of period): 7 24 54 67 103 161 142 134 130 122 35 46 72 84 109 131 134 134 133 133 52 58 59 61 61 77 54 46 44 42 33 27 38 34 65
Slide 27: mBank – eBroker, MultiBank – Brokerage Service
Appendix BRE Bank Retail Banking mBank – eBroker, MultiBank – Brokerage Service Investment Accounts 174 178 (thou.) 151 Dynamic growth 123 131 137 145 115 of brokerage services for 83 90 96 104 Retail Banking 46 62 74 customers 14 17 24 28 34 9 11 12 14 15 16 17 18 19 19 20 21 29 29 3 4 7 2 Jan Marc
Slide 28: BRE Ubezpieczenia (BRE Insurance)
Appendix BRE Bank Retail Banking BRE Ubezpieczenia (BRE Insurance) Bancassurance Retail Direct Insurance (Internet platform) Co-operation with BRE Leasing Gross Written Premium (PLN M) Gross Written Premium (PLN M) Gross Written Premium (PLN M) +63% +35% -2% PLN 17.9 M of profit before tax of BRE Ub
Slide 29: Internet Platform – SUS and Insurance Centre
Appendix BRE Bank Retail Banking Internet Platform – SUS and Insurance Centre ‘It’s hard to top the Car Insurance Supermarket’ Newsweek ‘mBank’s offer is the most attractive’ Pentor Research International The Car Insurance Supermarket (mBank) 184.9 thou. was launched on 13 February 2007 car insuranc
Slide 30: Retail Banking (Poland) Net Sales by Quarters
Appendix BRE Bank Retail Banking (Poland) Net Sales by Quarters mBank/PL Clients Deposits Loans (thou.) (PLN M) (PLN M) +9.4% +8.9% +11.9% 203 -137 75 1 061 -228 66 240 1675 75 1 224 1304 220 11 84 461 -44 35 64 84 -443 571 13 836 13 161 2 511 12 709 11 758 2 296 10 896 10 90310 903 2 035 8 9 0 08 0
Slide 31: Detailed Results of the Business Lines Q3/10: Corporates & Financial Markets
Appendix Detailed Results of the Business Lines Q3/10 Corporates & Financial Markets 31
Slide 32: Corporates and Financial Markets Summary of Q3/10: Financial Results
Appendix Corporates and Financial Markets Summary of Q3/10: Financial Results Result before Tax of the Segment * Q2/07: sale of shares of Mostostal Zabrze; (by quarter, PLN M) Q1/08: Repayment of default loan Q2/10 and Q3/10 – sale of part of PZU shares 321.0 ** Incl. internal settlements 14.8* ***
Slide 33: Corporates and Institutions Customer Acquisition and Volume Trends
Appendix Corporates and Institutions Customer Acquisition and Volume Trends End of 06/10 Change End of 09/10 corporate 13 026 clients +100 13 126 Enterprises acc. to NBP definition Corporate Loans corporate (PLN B) 23.2 B loans (PLN) +0.0% 23.2 B thereof loans for 14.0 13.7 14.0 B enterprises (PLN)
Slide 34: Loans and Deposits – Market Share
Appendix Corporates and Institutions Loans and Deposits – Market Share* BRE Bank’s Market Share in Corporate Loans and Deposits 01/06 – 09/10 Corporate* Deposit Volume (BRE Bank only, PLN B) 14.0 14.2 13.7 14.6 14.6 14.4 14.9 8.7% 12.9 12.7 13.3 12.5 12.2 13.1 13.3 6.2% 06/07. 09/07. 12/07. 03/08. 0
Slide 35: Development of Loans and Deposits
Appendix Corporates and Institutions Development of Loans and Deposits Corporate Clients’ Loan Volume Corporate Clients’ Deposit Volume (BRE Bank, PLN B) (BRE Bank, PLN B) 15.3 16.3 15.6 15.9 15.9 15.7 17.1 17.1 17.2 18.0 13% 11% 11% 12% 13% 13% 12% 11% 12% 14% 38% 36% 44% 38% 52% 49% 51% 51% 51% 40
Slide 36: Client Base
Appendix Corporates and Institutions Client Base Corporate Clients: Number and Structure 12,846 13,098 13,081 12,990 12,992 12,836 12,783 13,026 13,126 K1 946 K1 968 K1 960 K1 905 K1 908 K1 898 K1 993 K1 1062 K1 1083 The total number of corporate clients K2 K2 K2 K2 K2 K2 K2 K2 K2 at the end of Q3/1
Slide 37: Cash Management
Appendix Corporates and Institutions Cash Management Cash Management – Strategic Product Line Supporting Long-term Customer Relations Direct Debit Identification of Trade Payments Number of Clients Using Cash (thou. of transactions) (M of transactions) Consolidation Services +6.4% +2.9% +4.1% 710 2.
Slide 38: Products with EU Financing and Financial Instruments
Appendix Corporates and Institutions Products with EU Financing and Financial Instruments Sales of Banking Products Product Pillar with EU Financing of Financial Instruments* In Q3/10 the income on products The revenue on the Product Pillar connected with using EU funds increased by 31.1% of Financi
Slide 39: Leasing and Factoring
Appendix Corporates and Institutions Leasing and Factoring Intermarket PLN 1.1 M pre-tax profit in Q3/10 (- 86.6% QoQ); Sales of drop of result due to impairment provisions in the Czech subsidiary Intermarket Group Companies Group of PLN 8.2 M to better reflect the condition of the receivables portf
Slide 40: BRE Bank Hipoteczny (BBH)
Appendix Corporates and Institutions BRE Bank Hipoteczny (BBH) Loan Portfolio (PLN M) Profit before Tax (PLN M) Balance-sheet Exposure 3,589 3,866 4,344 4,562 4,464 4,308 4,143 3,923 3,958 3,818 +23% +44% 32.5 26.4 22.5 Q3/09. Q2/10. Q3/10. BBH’s total balance-sheet and off-balance-sheet PLN 32.5 M
Slide 41: Dom Inwestycyjny BRE Banku (DI BRE)
Appendix Corporates and Institutions Dom Inwestycyjny BRE Banku (DI BRE) Number of Accounts with DI BRE Profit before tax at PLN 9.8 M in Q3/10 End of 03/10 (thousand) compared to PLN 8.0 M in Q2/10 (up 22.8% QoQ) DI BRE accounts 50.0 Sustained strong market position in main segments eBroker* (mBank
Slide 42: Proprietary Investments Portfolio
Appendix Corporates and Institutions Proprietary Investments Portfolio Major Equity Investments Equity Stake at 30.09.2010 BRE Gold FIZAN 100.00% Garbary Sp. z o.o. 100.00% At the end of Q3/2010, value at cost of proprietary investments and mezzanine portfolio Incl.: reached PLN 199.1 M Portfolio Va
Slide 43: Trading and Investment Activity: Market Share
Appendix Trading and Investment Activity Market Share BRE Bank’s Market Share* BRE Bank in the Market of Non-Treasury Debt** in Investment Banking Services at 30.09.2010 (PLN M) 16,403.6 14,019.7 10,415.7 6.5% 20.3% 3,034.8 2,359.3 2386.1 Treasury IRS/FRA Short-term Debt Corporate Debt Non-Treasury
Slide 44: Business Environment
Appendix Business Environment 44
Slide 45: Q3/10: Business Environment – Recovery Gradually Gains Momentum
Q3/10: Business Environment Recovery Gradually Gains Momentum GDP growth reached 3.5% YoY in Q2/10 and is expected to The weather-related slump in investment activity is over and we increase slightly in Q3/10 await further improvement Net exports Consumption Investment 50 8 GDP growth Inventories GD
Slide 46: Q3/10: Business Environment – Banking Sector Expected to Rebound
Q3/10: Business Environment Banking Sector Expected to Rebound in H2/10 May Come With Delay Corporate loans growth rate still negative, but drop moderated in comparison with Q2/10, whereas Household loans growth rate rebound weaker, household deposits corporate deposits growth stabilises growth rate
Slide 47: Additional Information
Appendix Additional Information: Selected Financial Data 47
Slide 48: Consolidated Profit and Loss Account under IFRS
Appendix Additional Information: Selected Financial Data Consolidated Profit and Loss Account under IFRS PLN thou. By quarter Q3/09 Q4/09 Q1/10 Q2/10 Q3/10 Net interest income 412 052 417 535 390 537 436 254 481 048 Net commission income 162 758 152 001 173 893 172 449 199 211 Dividend income 18 96
Slide 49: Results of Subsidiaries
Appendix Additional Information: Selected Financial Data Results of Subsidiaries Profit before Tax of Consolidated Subsidiaries (PLN M) 43.6 36.6 Q1-3/09 32.5 33.0 27.9 29.9 26.4 Q1-3/10 Q1-3/10 profit 26.8 18.2 before tax 11.2 8.2 16.1 6.5 7.6 7.9 6.0 of consolidated 3.6 3.5 2.8 subsidiaries ia y u
Slide 50: Net Interest Income & Margin
Appendix Additional Information: Selected Financial Data Net Interest Income & Margin Interest Income Structure Net Interest Income, Q3/10 by Business Line (PLN M) (PLN M) +10.3% 828.2 834.3 821.8 859.7 863.5 -3.4 66.7 1.1 4.0 5.2 1.7 151.2 2.7 17.3 8.1 14.9 10.7 7.7 481.0 436.3 603.2 611.3 627.8 63
Slide 51: Commission Income
Appendix Additional Information: Selected Financial Data Commission Income Commission Income Structure Net Commission Income, Q3/10 by Business Line (PLN M) (PLN M) 259.3 266.3 278.5 282.7 302.6 +15.5% 9.5 21.0 80.2 199.2 172.4 88.5 Q3/09 Q4/09 Q1/10 Q2/10 Q3/10 Net Retail Banking Corporates & Tradi
Slide 52: Trading Income
Appendix Additional Information: Selected Financial Data Trading Income Contributors of Net Trading Income FX Result Contributors in Q3/10 (PLN M) (PLN M) 39.3 140 Retail Banking 120 Financial Markets 100 80 Risk & Liquidity 16.1 60 13.8 Other - 40 corporate 7.6 6.2 20 K3 2.4 0.0 0.1 0 K2 -2.0 -20 O
Slide 53: Administrative Expenses Structure
Appendix Additional Information: Selected Financial Data Administrative Expenses Structure Structure of Administrative Expenses incl. Depreciation C/I Ratio of BRE Bank Group (PLN M) (%, as at the end of period) 364.1 458.4 354.1 391.6 416.9 12.2 82.3 15.8 15.2 54.2 58.7 13.4 51.5 15.4 59.3 51.4 51.
Slide 54: Loans and Deposits
Appendix Additional Information: Selected Financial Data Loans and Deposits Loans (PLN B, net) +3.6% BRE Bank* Market* 55.6 52.7 52.5 50.9 54.6 QoQ -1.6% +0.4% -0.4% -3.0% +9.2% -1.8% YoY +4.7% +6.7% * Data relate to gross loans 09/09. 12/09. 03/10. 06/10. 09/10. Deposits (PLN B) +12.9% BRE Bank Mar
Slide 55: Loan to Deposit Ratio
Appendix Additional Information: Selected Financial Data Loan to Deposit Ratio LtD Ratio in BRE Bank Group 133.6 125.0 122.6 79.8 77.5 78.4 The ratio of loans to deposits L/D - balance sheet L/D "real" ratio stood at 122.6% in Q3/10 Q3/09 Q2/10 Q3/10 Q3/09 Q2/10 Q3/10 However, funding policy for FX
Slide 56: Balance Sheet Analysis – Currency Structure
Appendix Additional Information: Selected Financial Data Balance Sheet Analysis – Currency Structure Currency Structure of Loans Currency Structure of Amounts due to banks and customers 1) (PLN B) (PLN B) 1.8 3.8 3.5 3.5 1.9 1.61.9 1.8 2.0 1.5 1.7 1.6 1.6 1.2 4.3 4.2 1.8 1.6 1.1 8.1 9.3 7.7 7.9 0.9
Slide 57: Balance Sheet Analysis - Assets
Appendix Additional Information: Selected Financial Data Balance Sheet Analysis - Assets Structure of Assets Loans and Advances to Customers* (PLN B) Portfolio by Customer Category 84.4 (PLN B) 78.6 81.0 84.8 88.9 3.3 3.1 4.4 3.7 1.1 1.4 1.6 6.4 3.6 0.6 6.1 1.3 1.1 3.5 18.9 2.5 15.0 19.2 11.2 13.1 0
Slide 58: Balance Sheet Analysis - Liabilities
Appendix Additional Information: Selected Financial Data Balance Sheet Analysis - Liabilities Structure of Liabilities Structure of Deposits (PLN B) (PLN B) 78.6 81.0 84.8 88.9 84.4 7.9 7.9 5.5 7.5 6.8 7.3 4.5 6.9 1.4 1.3 0.7 0.8 0.4 4.3 1.5 0.2 4.2 1.4 1.5 0.5 26.1 28.4 26.0 17.7 17.6 25.0 17.5 19.
Slide 59: Funding - Maturity of Long- and Midterm FX Loans
Appendix Additional Information: Selected Financial Data Funding - Maturity of Long- and Midterm FX Loans Significant improvement of funding profile achieved Since 2010 mid-term loans in the amount Maturity of Long- and Mid-term FX Loans by the end of 2012 of CHF 3.0 B primarily maturing in 2010 and
Slide 60: Capital Adequacy Ratio (CAR) in Q3/10
Appendix Additional Information: Selected Financial Data BRE Bank Group’s Capital Adequacy Ratio (CAR) in Q3/10 Relation between Capital Adequacy Ratio (CAR) Change of CAR under Basel II and Risk Weighted Assets (RWA) 90 17% 15.89% +56 bps 80 15% 70 12.03% +330 bps 60 13% 50 11% 40 10.62% 30 9% 6.68
Slide 61: Capital Adequacy Ratio under NCA
Appendix Additional Information: Selected Financial Data Capital Adequacy Ratio under NCA Capital Adequacy Ratio under NCA Capital Requirement Q4/07 Q4/08 Q4/09 Q3/10 (PLN M) Basel I Basel II Basel II Basel II Credit risk 2 998 4 177 3 886 3 994 Market risk 93 89 46 42 Operational risk - 326 375 375
Slide 62: Loan Loss Provisions 1/2
Appendix Additional Information: Selected Financial Data Loan Loss Provisions 1/2 Net Credit and Loans Impairment Provisions BRE Bank Portfolio Quality (consolidated data, PLN M) (%) -269.1 -1 097.1 -508.8 6,5 6,1 6,5 6 5,4 5,5 5.1 5,2 5,3 5,5 5,6 -22 5 5,1 -46 4,5 -71 4,5 4.4 4.7 4,8 3.9 4 4 3.8 4
Slide 63: Loan Loss Provisions 2/2
Appendix Additional Information: Selected Financial Data Loan Loss Provisions 2/2 Retail Banking provisions by quarters Corporates & Markets provisions by quarters (PLN M) (PLN M) 440.6 656.5 82.1 130.5 126.1 101.9 103.5 95.6 68.7 127.9 308.3 122.7 97.6 73.6 107.9 59.5 Q1/09 Q2/09 Q3/09 Q4/09 2009 Q
Slide 64: Structure of BRE Bank's Risk Portfolio
Appendix Additional Information: Selected Financial Data Structure of BRE Bank’s Risk Portfolio Quality of the Loans and Default Portfolios NPLs under NBP 3.6% 3.4% 2.8% 2.8% 3.4% 4.8% 5.9% 5.9% 6.3% 6.4% 7.4% rules (balance-sheet NPLs to total loans) 100% 1.4 1.4 1.4 1.6 2.3 3.5 4.0 4.7 4.8 5.1 5.6
Slide 65: NPLs: Portfolio Structure
Appendix Additional Information: Selected Financial Data NPLs: Portfolio Structure* 09/10 06/10 09/09 Expo- sure Provisions % Expo- sure Provision s Expo- sure Provisions % 7.4% of NPLs % coverage % % % coverage PLN B PLN B coverage PLN B in the portfolio Regular 45.6 92.6 0.7 46.8 93.6 0.8 42.3 94.
Slide 66: Contact
Contact BRE Bank’s Investor Relations Officers at your service: Marcin Chanke Secretariat: +48 22 829 04 80 Head of Investor Relations Direct dial: +48 22 526 70 33 Fax: +48 22 829 04 88 E-mail: marcin.chanke@brebank.pl Joanna Filipkowska Direct dial: +48 22 829 04 53 Deputy Head of Investor Relatio