Banca IFIS S.p.A. · MIL:IF

Banca IFIS — FY2014 Earnings Presentation

14 slides from Banca IFIS's earnings presentation, December 2014

  1. Slide 1: Preliminary Yearly Results Banca IFIS Group 2014

    PRELIMINARY YEARLY RESULTS BANCA IFIS GROUP 2014 @ BancalFISGroup

  2. Slide 2: Trade Receivables

    TRADE RECEIVABLES • Enterprises financed in the last 90 days of 2014: 4.279 +13,1% • Some of the main sectors financed: manufacturing; construction; transports; agriculture • First 10 provinces for financing granted : Milan, Turin, Rome, Catanzaro, Bergamo, Catania, Florence, Palermo, Salerno • Net

  3. Slide 3: DRL (Distressed Retail Loans)

    DRL (Distressed Retail Loans) • Nominal value of the managed portfolio: 5,6 bln +43,9% • Balance sheet value of the managed portfolio: 135,4 mln +5,8% • Number of positions held: 775.252 • Net result of financial operations: 31,5 mln +13,1% More info at: http://bit.ly/14QMjum 3

  4. Slide 4: Tax Receivables

    TAX RECEIVABLES • Market leader with a market share > to 50% • Nominal value of the managed portfolio 167,8 mln • Balance sheet value of the managed portfolio: 119,5 mln • Net result of financial operations 11,3 mln +16,3% More info at: http://bit.ly/1suuueI 4

  5. Slide 5: Governance & Services (G&S)

    Governance & Services (G&S) • Debt securities portfolio at 31/12/2013: 8.357,9 31/12/2014: 5.068,2 (mln Euro) • Securities matured in 2014 (nominal value): 3.500,0 mln • Retail funding at 31/12/2014 3.400,6 mln More info at: http://bit.ly/1Abttpy 5

  6. Slide 6: Highlights

    HIGHLIGHTS (million Euro) Net profit 95,9 (84,8 at 31/12/2013) +13,0% Equity 437,8 (380,3 at 31/12/2013) +15,1% Funding 7.742,4 (10.844,1 at 31/12/2013) -28,6% Loans 2.814,3 (2.296,9 at 31/12/2013) +22,5% GROUP KPIs 2014 2013 at 31/12/2014 ROE 23,5% 24,8% Credit quality cost 145 b.p. 244 b.p. Book v

  7. Slide 7: Net Banking Income (NBI)

    NET BANKING INCOME (NBI) (million Euro) Trade receivables sector Clients +13,1% vs December 2013 Turnover 8,3 bln +45,8% 280,9 (264,2 at 12 months 2013) Trade receivables KPIs 2014 2013 +6,3% % change 12 months 2014/2013 NBI/ Turnover 1,9% 2,3% NBI/ Loans 8,2% 8,0% Breakdown 12 months Trade Tax NBI

  8. Slide 8: Net Result of Financial Operations

    NET RESULT OF FINANCIAL OPERATIONS (Milion Euro) Net provisions Equal to 31,3 vs 44,6 in 12 months 2014 vs 2013 249,6 (219,6 at 12 months 2013) +13,7% % change 12 months 2014 / 2013 Group KPIs 12 months 2014 2013 Cost of credit 145 bp 244 bp quality 12 months data Trade Tax DRL G&S receiv. receiv. C

  9. Slide 9: Net Profit

    NET PROFIT (Milion Euro) 95,9 (84,8 at 12 months 2013) Group KPIs 2014 2013 +13,0% % change 2014/2013 12 months data Credit quality 145 bp 244 bp cost 280,9 31,3 Tax rate 33,9% 40,8% 104,7 49,1 95,9 NBI Provisions Operating costs Taxes Net profit 9

  10. Slide 10: Balance Sheet – Asset Structure

    BALANCE SHEET – ASSET STRUCTURE (million Euro) % change 31.12.2014 vs 31.12.2013 Loans to customers of which: 2.455,0 trade receiv. Total 2.814,3 +22,5% 135,4 DRL 119,5 tax receiv. 104,4 g&s assets Other Financial Assets (AFS + HTM) 8.309,3 5.070,7 -39,3% Portfolio of Italian government bonds 5.068,

  11. Slide 11: Credit Quality

    CREDIT QUALITY (million Euro) % change 31.12.2014 vs 31.12.2013 Loans to customers : 2.455,0 +26,7% NPL Coverage ratio 70,0 Net figures 86,4% 60,0 al 31 December 2014 50,0 Vs 2014 78,4% at dec. 2013 40,0 2013 2013 2013 2013 30,0 2014 20,0 2014 2014 10,0 2013 2014 0,0 NPL Substandard Resheduled Overd

  12. Slide 12: Balance Sheet – Total Funds and Deposits

    BALANCE SHEET – ASSET STRUCTURE (million Euro) % change 31.12.2014 vs 31.12.2013 rendimax and contomax Total funds 3.314,2 -14,3% and deposits Wholesale funding 7.742,4 -28,6% 2.259,0 due from banks -66,1% 43,9% 56,1% Wholesale funding 2.082,8 PCT +689,9% retail wholesale 12

  13. Slide 13: Debt Securities Portfolio

    DEBT SECURITIES PORTFOLIO (million Euro) from from from from January January January January to to to to Total December December December December 2015 2016 2017 2018 Total 2.230,9 752,4 701,5 1.383,4 5.068,2 % on total 44,1% 14,8% 13,8% 27,3% 100,0% Breakdown 31.12.2014 31.12.2013 % Change Availabl

  14. Slide 14: Banca IFIS Group: Equity Breakdown

    BANCA IFIS GROUP: EQUITY BREAKDOWN (million Euro) EQUITY: CHANGES Net equity at 31.12.2013 380,3 Increases 98,7 Profit for the period 95,9 Sell of treasury shares 2,7 Other changes 0,1 Decreases -41,2 Valuation reserve -11,0 - Exchange differences -0,9 - Valuation reserve AFS -10,0 Severance allowan

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