Vp Bank Ag Class A · SIX:VPBN
Vp Bank Ag Class A — FY2012 Earnings Presentation
17 slides from Vp Bank Ag Class A's earnings presentation, Mar 12, 2013
Slide 1: VP Bank Group Annual Report 2012
VPBankGroup 12March 2013 VPBankGroup Annual Report2012 12March 2013,SIXSwissExchange Welcomingremarks Fredy Vogt ChairmanoftheBoardofDirectors 2
Slide 2: Programme
Programme 1 Welcomingremarks FredyVogt,Chairmanofthe BoardofDirectors 2 Financialresults 2012 SiegbertNäscher,Chief FinancialOfficer 3 Outlookandstrategic positioning from the vantagepointoftheBoardofDirectors FredyVogt,ChairmanoftheBoardofDirectors Questions &answers 4 FredyVogt,ChairmanoftheBoardo
Slide 3: VP Bank Group – Profile as at 31 December 2012
Overviewoftopics • Profileasat31December2012 • Consolidatedincomestatement • Consolidatedbalancesheet • Clientassets • Segments • Dividend • Summary 5 VPBankGroup– Profileasat31December 2012 706.9 employees CHF888.8 (FTE*) million shareholders’ equity CHF28.5billion CHF47.2 client assets million und
Slide 4: Consolidated income statement
Consolidated income statement 7 Totaloperatingincome 2011 2012 inCHFmillion 4 2. 5 24 4. 22 9 1 1. 5. 12 11 +8.0% .5 83 .6 66 .4 .1 .5 29 21 19 9 2 7 5. 3. 0. Interest Commission Trading Financial Otherincome Totaloperating income business activities instruments income 8
Slide 5: Operating expenses
Operating expenses 2011 2012 inCHFmillion 8 8. 17 8 2. 15 9 5. 12 4 4. 10 .9 –14.5% .4 52 48 Personnel Generaland Operating expenses administrative expenses expenses 9 Depreciation andamortisation 2011 2012 .6 inCHFmillion 33 .4 29 –12.5% Depreciationand amortisation 10
Slide 6: Valuation allowances, provisions and losses; Consolidated net income
Valuation allowances,provisions andlosses 2011 .1 11 2012 inCHFmillion 8 5. +91.7% Valuationallowances, provisionsandlosses 11 Consolidated net income inCHFmillion 4 .2 2. 47 24 9 .5 1. 40 8 2. 15 Totalnet Operating Depreciation and Income Consolidated operating expenses amortisation, taxes net inco
Slide 7: Total comprehensive income; Consolidated balance sheet
Totalcomprehensive income 2011 2012 .6 inCHFmillion 73 6 4. -1 Totalcomprehensive income 13 Consolidated balance sheet 14
Slide 8: Total assets; Shareholders' equity
Totalassets 2011 1 2012 1 75 64 , 10 , 10 inCHFmillion –1.0% Totalassets 15 Shareholders’ equity inCHFmillion 8 .2 8. 47 88 .0 9 31 0. 84 0 .7 4. .2 .3 –9 –1 –2 –4 Shareholders’ Dividend Financial Income Coupon Treasury Net Shareholders’ equity distribution instruments from tax shares,LTI income equ
Slide 9: Due from banks; Due from customers
Due from banks 2011 2012 inCHFmillion 4 14 5, 9 78 4, –6.9% Duefrombanks 17 Due from customers 2011 2012 inCHFmillion 1 85 3 71 3, 3, 5% –3.6% 26% 69% Due from Mortgage Other Unsecured customers collateral collateral 18
Slide 10: Financial instruments; Client assets
Financialinstruments 2011 2012 6 9. inCHFmillion 01 9 1, 1. 93 –8.6% 8% 92% Financial Debt Equity instruments securitiesincl. securities creditderivatives 19 Clientassets 20
Slide 11: Client assets; Client assets under management
Clientassets 2011 2012 .0 39 inCHFbillion .3 37 24% 1% –4.2% 24% 51% Clientassets Client On-balance- Fiduciary Custody securities sheet client deposits assets accounts deposits 21 Clientassets under management 2011 2012 inCHFbillion .3 .5 +1 .4 28 27 .2 –0 Clientassets Performance Netnew Clientasset
Slide 12: Client assets under management – asset classes / currencies
Clientassets under management – assetclasses /currencies Asset classes asat31/12/2012 Currencies asat31/12/2012 3% 14% 23% 28% 31% 22% 18% 25% 36% Liquidity Bonds CHF EUR Equities Investmentfunds USD Other Other 23 Segments 24
Slide 13: Overview of segments as at 31 December 2012
Overviewofsegmentsasat31December2012 Banking Private Chief CFO& Liechtenstein& *inCHF Banking Operating Corporate Group Regional International Officer Center Market Groupnetincome 47.5mn –22.5mn –2.4mn 26.4mn 49.1mn beforetax* Clientassets 17.8bn 10.4bn 0.0bn 0.2bn 28.5bn under management* Headcount
Slide 14: Dividend
Dividend 2011 inCHFmillion inCHF 2012 .1 47 5 2. 5 1. .8 14 Groupnetincome Dividends Dividendperbearer share attributabletothe shareholdersof VPBank 27 Dividendyield 8% 3. 5% 3. 0% 3. 8% 8% 1. 1. 2008 2009 2010 2011 2012 28
Slide 15: VP Bank Group – Summary 2012
Summary 29 VPBankGroup– Summary 2012 Tier1 Cost/income ratio Excess ratio 21.5% equity Consolidated 63.0% capital net income CHF47.2Mio. One-time Dividend items CHF2.50 Dividend yield 3.8% Clientassetsunder management Outflow CHF28.5billion ofclient assets CHF0.2 billion 30
Slide 16: Outlook and strategic positioning; Questions & answers
Outlookandstrategic positioningfromthe vantagepointofthe BoardofDirectors FredyVogt Chairmanofthe BoardofDirectors 31 Questions &answers 32
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