Komercni Banka, A.s. · PSECZ:KOMB
Komercni Banka, A.s — Q1 2000 Earnings Presentation
28 slides from Komercni Banka, A.s's earnings presentation, Apr 28, 2000
Slide 1: Presentation of financial results for 1 Q 2000
KB a. s. www.koba.cz KOMERČNÍ BANKA, a. s. Presentation of financial results for 1 Q 2000 (according to IAS) Prague, 28 April 2000 Odbor 2820 - Analýzy
Slide 2: Profit and Loss Account
KB a. s. www.koba.cz Profit and Loss Account CZK million 31.3.2000 31.3.1999 cha nge Ne t inte re s t income 2,882 2,823 2.1% Ne t fe e s a nd commis s ions 937 1,095 -14.4% De a ling profits 1,064 571 86.3% Othe r income 474 353 34.3% Op e rating inc o me 5,357 4,842 10.6% Adminis tra tive e xpe ns
Slide 3: Net Interest Income
KB a. s. www.koba.cz Net Interest Income CZK million 31.3.2000 31.3.1999 cha nge Inte re s t inc o m e 6,711 9,451 -29.0% - from s e curitie s 458 725 -36.8% - loa ns a nd a dva nce s to fina ncia l ins titutions 1,958 2,754 -28.9% - loa ns a nd a dva nce s to cus tome rs 4,295 5,972 -28.1% Inte re
Slide 4: Net Interest Margin
KB a. s. www.koba.cz Net Interest Margin 3.98% 3.43% 3.43% 3.16% 31.12.1998 31.3.1999 31.12.1999 31.3.2000 Odbor 2820 - Analýzy 4
Slide 5: Net Fees and Commissions
KB a. s. www.koba.cz Net Fees and Commissions CZK million 31.3.2000 31.3.1999 cha nge Fe e and c o m m is s io n inc o m e 1,158 1,160 -0.2% - from s e curitie s 15 10 50.0% - from fina ncia l ins titutions 18 28 -35.7% - from cus tome rs 1,125 1,122 0.3% Fe e and c o m m is s io n e xp e ns e 221 6
Slide 6: Dealing Profits
KB a. s. www.koba.cz Dealing Profits CZK million 31.3.2000 31.3.1999 cha nge R e alis e d and unre alis e d gains / (los s e s ) - on s e curitie s a nd bonds 593 62 856.5% - on inte re s t ra te s wa ps 7 (242) - - on fore ign e xcha nge tra ding 464 751 -38.2% To tal d e aling p ro fits 1,064 571
Slide 7: Administrative Expenses
KB a. s. www.koba.cz Administrative Expenses CZK million 31.3.2000 31.3.1999 cha nge S a la rie s a nd s ocia l cos ts 1,159 1,057 9.6% Othe r a dminis tra tive e xpe ns e s 882 1,092 -19.2% To tal ad minis trativ e e xp e ns e s 2,041 2,149 -5.0% Odbor 2820 - Analýzy 7
Slide 8: Number of Employees
KB a. s. www.koba.cz Number of Employees 14,025 13,879 13,509 13,044 31.12.1998 31.3.1999 31.12.1999 31.3.2000 Notice - average number of employees during the year Odbor 2820 - Analýzy 8
Slide 9: Cost / Income Ratio
KB a. s. www.koba.cz Cost / Income Ratio 62.60% 62.63% 50.95% 47.94% 31.12.1998 31.3.1999 31.12.1999 31.3.2000 Odbor 2820 - Analýzy 9
Slide 10: Provision for Loan Losses - main influences
KB a. s. www.koba.cz Provision for Loan Losses - main influences Dire ct impa ct of the CNB me a s ure (without impa cts of CZK 0.3 billion CZK 0.9 billion on loa ns tra ns fe rre d to KoB) P os itive impa ct of the tra ns a ction with Kons olida ční CZK (7.0) billion ba nka in 1 Q 2000 P rovis ion
Slide 11: Total Assets
KB a. s. www.koba.cz Total Assets CZK million 422,084 412,621 390,122 377,477 31.12.1998 31.3.1999 31.12.1999 31.3.2000 Odbor 2820 - Analýzy 11
Slide 12: Assets
KB a. s. www.koba.cz Assets CZK million 31.3.2000 31.12.1999 cha nge Ca s h a nd ba la nce s with ce ntra l ba nk 16,058 21,948 -26.8% Due from fina ncia l ins titutions 170,596 131,778 29.5% T-bills 1,869 4,397 -57.5% Loa ns a nd a dva nce s to cus tome rs (ne t) 142,547 181,754 -21.6% De a ling s
Slide 13: Liabilities
KB a. s. www.koba.cz Liabilities CZK million 31.3.2000 31.12.1999 cha nge Amounts owe d to cus tome rs 255,327 259,191 -1.5% Amounts owe d to fina ncia l ins titutions 48,293 58,394 -17.3% Ce rtifica te d de bts 25,892 27,742 -6.7% S ubordina te d de bt 7,450 7,196 3.5% Tota l s ha re holde rs ' e q
Slide 14: BIS - Capital Adequacy
KB a. s. www.koba.cz BIS - Capital Adequacy 13.42% Tier 1 ratio 9.92% 10.26% 9.56% 10.08% 8.49% 7.34% 7.36% 31.12.1998 31.3.1999 31.12.1999 31.3.2000 Odbor 2820 - Analýzy 14
Slide 15: Loans and Advances to Customers (net)
KB a. s. www.koba.cz Loans and Advances to Customers (net) CZK million 214,018 214,942 181,754 142,547 31.12.1998 31.3.1999 31.12.1999 31.3.2000 Odbor 2820 - Analýzy 15
Slide 16: Structure of Transferred Assets
KB a. s. www.koba.cz Structure of Transferred Assets 25 March 2000 ba la nce off-ba la nce s he e t CZK billion TOTAL s he e t (writte n off loa ns ) tota l a s s e ts in nomina l va lue 60.0 of which: va lue of s e curitie s 2.1 va lue of re ce iva ble s 47.9 10.0 57.9 - doubtful 6.9 6.9 - los s 41
Slide 17: Loan Portfolio Quality
KB a. s. www.koba.cz Loan Portfolio Quality 32.8% 28.7% 27.9% 21.7% 21.1% 21.6% 15.0% 5.7% 31.12.1998 31.3.1999 31.12.1999 31.3.2000 LUSR*) / Tota l loa ns Los s loa ns / Tota l loa ns Odbor 2820 - Analýzy *) LUSR = sub-standard + doubtful + loss loans 17
Slide 18: Analysis of KB´s Loan Portfolio
KB a. s. www.koba.cz Analysis of KB´s Loan Portfolio Tra ns fe r of loa ns to Loa n portfolio Loa n portfolio Ana lys is of Loa ns by Cre dit KoB Qua lity Cla s s ifica tion a s a t 31. 12. 1999 a s a t 25. 3. 2000 a s a t 31. 3. 2000 CZK million a mount provis ions a mount provis ions a mount s ha
Slide 19: Comparison of Simulated and Real Impact of Asset Transfer
KB a. s. www.koba.cz Comparison of Simulated and Real Impact of Asset Transfer S imula tion of impa ct of a s s e t Ana lys is of Loa ns by Cre dit Loa n portfolio tra ns fe r to KONP O Diffe re nce Qua lity Cla s s ifica tion a s a t 31. 3. 2000 a s a t 31. 12. 1999 CZK million a mount s ha re prov
Slide 20: Classification of Loans Granted in 1 Q 2000
KB a. s. www.koba.cz Classification of Loans Granted in 1 Q 2000 To tal Re volving Ne w CZK million 13,021 7,051 5,970 s ha re in % 100.0% 54.2% 45.8% S ta nda rd 83.3% 79.0% 88.5% Wa tch 9.5% 12.6% 5.8% S ub - s ta nda rd 3.9% 6.4% 0.9% Doubtful 1.6% 2.0% 1.0% Los s 1.7% 0.0% 3.8% To tal 100.0% 100
Slide 21: Results of Work-out Process
KB a. s. www.koba.cz Results of Work-out Process CZK million 31.3.2000 31.12.1999 a) Re alis e d c o llate ral - a ppra is e d va lue 113 722 - ne t income from re a liza tion 40 197 - ra tio of re a lis e d va lue 35.4% 27.3% b ) S e lling o f d e b ts - a mount of de bts 48,264 17,250 - income fro
Slide 22: Structure of Collateral
KB a. s. www.koba.cz Structure of Collateral CZK million As a t 31. 3. 2000 As a t 31. 12. 1999 (dis counte d va lue ) a mount proportion a mount proportion Gua ra nte e s 10,170 9.7% 11,714 8.5% Ca s h 1,171 1.1% 1,319 1.0% Bonds 2,547 2.4% 3,268 2.4% Re a l prope rty 63,451 60.3% 79,589 58.1% Othe
Slide 23: Analysis of KB´s Loan Portfolio
KB a. s. www.koba.cz Analysis of KB´s Loan Portfolio CZK million As a t 31.3.2000 As a t 31.12.1999 a mount proportion a mount proportion Analy s is o f Lo ans b y Curre nc y Dome s tic curre ncy (CZK) 130,871 82.7% 175,058 83.7% Fore ign curre ncie s 27,380 17.3% 34,169 16.3% To tal 158,251 100.0%
Slide 24: Structure of Loans by Industry
KB a. s. www.koba.cz Structure of Loans by Industry Tota l loa ns Loa ns ne wly gra nte d CZK millon a s a t 31. 3. 2000 in 1 Q 2000 a mount s ha re a mount s ha re Agriculture , fore s try, na tura l re s ource s a nd mining 10,759 6.8% 650 5.0% Indus try 57,468 36.3% 7,202 55.3% P roduction a nd d
Slide 25: Development of 3M, 6M PRIBOR and the RS KB
KB a. s. www.koba.cz Development of 3M, 6M PRIBOR and the RS KB % 9.00 8.50 8.00 7.50 7.00 6.50 6.00 5.50 5.00 4.50 4.00 7.1.2000 4.2.2000 3.3.2000 7.4.2000 14.1.2000 21.1.2000 28.1.2000 11.2.2000 18.2.2000 25.2.2000 10.3.2000 17.3.2000 24.3.2000 31.3.2000 14.4.2000 31.12.1999 3M P RIBOR 6M P RIBOR
Slide 26: Price of KB´s Share and GDR
KB a. s. 0 200 400 600 800 1,000 1,200 Odbor 2820 - Analýzy 5.1.2000 12.1.2000 19.1.2000 26.1.2000 2.2.2000 9.2.2000 16.2.2000 23.2.2000 1.3.2000 8.3.2000 15.3.2000 22.3.2000 KB (CZK) GDR (CZK) 29.3.2000 Price of KB´s Share and GDR 5.4.2000 12.4.2000 www.koba.cz 26
Slide 27: Structure of Shareholders
KB a. s. www.koba.cz Structure of Shareholders Numbe r of P roportion of s ha re s e quity Fond ná rodního ma je tku Če s ké re publiky 22,806,227 60.00% Ba nk of Ne w York ADR De pa rtme nt 4,462,999 11.74% Ba nk Aus tria AG 959,637 2.53% Inve s tiční a poš tovní ba nka , a . s . 766,291 2.02% Cha
Slide 28: Contacts
KB a. s. www.koba.cz Contacts Investor Relations Hana Urbanová Head of Section tel: +420 2 / 224 32155 fax: +420 2 / 2422 9340, 2422 9482 E-mail: hana_urbanova@koba.cz Eva Čulíková Ladislav Šilha tel: +420 2 / 224 32156 tel: +420 2 / 224 32734 E-mail: eva_culikova@koba.cz E-mail: ladislav_silha@koba