Komercni Banka, A.s. · PSECZ:KOMB
Komercni Banka, A.s — 9M 2000 Earnings Presentation
27 slides from Komercni Banka, A.s's earnings presentation, Oct 30, 2000
Slide 1: Presentation of financial results as at 30 September 2000
KOMERČNÍ BANKA, a. s. Presentation of financial results as at 30 September 2000 (according to IAS) Prague, 30 October 2000 v 1
Slide 2: Profit and Loss Account
Profit and Loss Account CZK million 30.9.2000 30.9.1999 cha nge Ne t inte re s t income 9,188 8,770 4.8% Ne t fe e s a nd commis s ions 2,991 3,219 -7.1% De a ling profits 1,783 1,851 -3.7% Othe r income 1,255 1,159 8.3% Op e rating inc ome 15,217 14,999 1.5% Adminis tra tive e xpe ns e s (6,775) (6
Slide 3: Net Interest Income
Net Interest Income CZK million 30.9.2000 30.9.1999 cha nge Inte re s t inc o m e 21,884 25,546 -14.3% - from s e curitie s 1,251 1,775 -29.5% - loa ns a nd a dva nce s to fina ncia l ins titutions 9,157 7,440 23.1% - loa ns a nd a dva nce s to cus tome rs 11,476 16,331 -29.7% Inte re s t e xp e ns
Slide 4: Net Interest Margin
Net Interest Margin 3.54% 3.59% 3.34% 3.43% 30.9.1999 31.12.1999 30.6.2000 30.9.2000 v 4
Slide 5: Net Fees and Commissions
Net Fees and Commissions CZK million 30.9.2000 30.9.1999 cha nge Fe e and c o m m is s io n inc o m e 3,815 3,637 4.9% - from s e curitie s 80 38 110.5% - from fina ncia l ins titutions 55 83 -33.7% - from cus tome rs 3,680 3,516 4.7% Fe e and c o m m is s io n e xp e ns e 824 418 97.1% - on s e cur
Slide 6: Dealing Profits
Dealing Profits CZK million 30.9.2000 30.9.1999 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 774 (44) 1859.1% - on inte re s t ra te de riva tive s (213) (105) -102.9% - on fore ign e xcha nge tra ding 1,222 2,000 -38.9% To tal d e aling p ro fits 1,783 1
Slide 7: Administrative Expenses
Administrative Expenses CZK million 30.9.2000 30.9.1999 cha nge S a la rie s a nd s ocia l cos ts 3,451 3,521 -2.0% Othe r a dminis tra tive e xpe ns e s 3,324 3,449 -3.6% Ad minis trativ e e xp e ns e s 6,775 6,970 -2.8% v 7
Slide 8: Number of Employees
Number of Employees 13,356 13,118 12,810 10,927 31.12.1999 31.3.2000 30.6.2000 30.9.2000 v Note - total number of employees as at the date 8
Slide 9: Cost / Income Ratio
Cost / Income Ratio 62.63% 58.99% 58.00% 56.20% *) *) 54.47% 55.32% 30.9.1999 31.12.1999 30.6.2000 30.9.2000 *) without restructuring costs v 9
Slide 10: Provision for Loan Losses - Main Influences
Provision for Loan Losses - Main Influences Dire ct impa ct of the CNB me a s ure No. 193/98 (without impa cts of CZK 0.9 billion on loa ns tra ns fe rre d CZK 0.9 billion to KONP O) P os itive impa ct of the tra ns a ction with KONP O e ffe cting CZK (7.0) billion provis ioning in 3/2000 P rovis io
Slide 11: Total Assets
Total Assets CZK million 391,220 390,122 390,438 31.12.1999 30.6.2000 30.9.2000 v 11
Slide 12: Assets
Assets CZK million 30.9.2000 31.12.1999 cha nge Ca s h a nd ba la nce s with ce ntra l ba nk 19,087 21,948 -13.0% Due from fina ncia l ins titutions 191,838 131,778 45.6% T-bills 3,960 4,397 -9.9% Loa ns a nd a dva nce s to cus tome rs (ne tto) * ) 129,296 181,754 -28.9% De a ling s e curitie s 3,62
Slide 13: Liabilities
Liabilities CZK million 30.9.2000 31.12.1999 cha nge Amounts owe d to cus tome rs 281,514 259,191 8.6% Amounts owe d to fina ncia l ins titutions 36,245 58,394 -37.9% Ce rtifica te d de bts 27,292 27,742 -1.6% S ubordina te d de bt 8,004 7,196 11.2% Tota l s ha re holde rs ' e quity 19,208 17,776 8.
Slide 14: BIS - Capital Adequacy
BIS - Capital Adequacy 15.35% 14.33% Tier 1 10.32% 9.73% 10.77% 10.39% 7.35% 7.02% 30.9.1999 31.12.1999 30.6.2000 30.9.2000 v 14
Slide 15: Loan Portfolio Quality
Loan Portfolio Quality 32.8% 21.6% 18.7% 16.7% 4.7% 5.5% 31.12.1999 30.6.2000 30.9.2000 LUSR*) / Tota l loa ns Los s loa ns / Tota l loa ns v *) LUSR = sub-standard + doubtful + loss loans 15
Slide 16: Analysis of KB's Loan Portfolio
Analysis of KB´s Loan Portfolio Ana lys is of Loa ns by Cre dit Loa n portfolio Loa n portfolio Loa n portfolio Qua lity Cla s s ifica tion a s a t 30. 9. 2000 a s a t 30. 6. 2000 a s a t 31. 12. 1999 CZK million a mount provis ions a mount provis ions a mount provis ions S ta nda rd 90,041 0 94,203
Slide 17: Structure of Collateral
Structure of Collateral CZK million As a t 30. 9. 2000 As a t 31. 12. 1999 (dis counte d va lue ) a mount proportion a mount proportion Gua ra nte e s 10,132 10.1% 11,714 8.5% Ca s h 1,104 1.1% 1,319 1.0% Bonds 1,608 1.6% 3,268 2.4% Re a l prope rty 58,216 58.0% 79,589 58.1% Othe r *) 29,276 29.2% 4
Slide 18: Mortgages and Consumer Loans
Mortgages and Consumer Loans 9,156 8,361 8,002 3,810 3,320 2,985 31.12.1999 30.6.2000 30.9.2000 mortga ge s cons ume r loa ns v 18
Slide 19: Classification of Loans Granted from 1.1. to 30.9.2000
Classification of Loans Granted from 1. 1. to 30. 9. 2000 To tal Re volving Ne w CZK million 43,357 24,894 18,463 s ha re in % 100.0% 57.4% 42.6% S ta nda rd 75.1% 62.4% 92.3% Wa tch 16.8% 24.4% 6.6% S ub - s ta nda rd 6.2% 10.2% 0.7% Doubtful 1.7% 2.7% 0.3% Los s 0.2% 0.3% 0.1% To tal 100.0% 100.0%
Slide 20: Results of Work-out Process
Results of Work-out Process CZK million 30.9.2000 31.12.1999 a) Re alis atio n o f c o llate ral - a ppra is e d va lue 135 722 - ne t income from re a lis a tion 52 197 - ra tio of re a lis e d va lue 38.5% 27.3% b ) S e lling o f d e b ts - a mount of de bts 48,552 17,250 - income from s e lling 2
Slide 21: Analysis of KB's Loan Portfolio
Analysis of KB´s Loan Portfolio CZK million As a t 30. 9. 2000 As a t 31. 12. 1999 a mount proportion a mount proportion Analy s is of Lo ans b y Curre nc y Dome s tic curre ncy (CZK) 125,232 85.8% 175,058 83.7% Fore ign curre ncie s 20,744 14.2% 34,169 16.3% To tal 145,976 100.0% 209,227 100.0% Ana
Slide 22: Structure of Loans by Industry
Structure of Loans by Industry Tota l loa ns Loa ns ne wly gra nte d CZK millon a s a t 30. 9. 2000 in third qua rte r 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 10,408 7.1% 2,809 6.5% Indus try 52,505 36.0% 19,336 44.6% P roduction a nd dis tri
Slide 23: Business Results of KB
Business Results of KB vo lume o f de aling s % c hang e in numbe r in 9/2000 numbe r o f c lie nts o f c lie nts (bill. CKZ) in 3. quarte r Pho ne Banking Expre s s line o f KB 0.9 59,253 60.4% PC Banking Be s t KB 1,280 56.1% 19.4 M-Be s t 9,500 171.4% BBS 653.7 13,351 - numbe r Cards payme nt 635
Slide 24: Development of 3M, 6M PRIBOR and the RS KB
v % 4.00 4.50 5.00 5.50 6.00 6.50 7.00 7.50 8.00 8.50 3.1.2000 17.1.2000 31.1.2000 14.2.2000 28.2.2000 13.3.2000 27.3.2000 10.4.2000 3M PRIBOR 25.4.2000 11.5.2000 *) RS KB = reference rate of Komerční banka 25.5.2000 8.6.2000 22.6.2000 6M PRIBOR 10.7.2000 24.7.2000 and the RS KB 7.8.2000 21.8.2000 R
Slide 25: Volume and Price of KB's Share
v 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 0 3.1.2000 17.1.2000 31.1.2000 14.2.2000 28.2.2000 13.3.2000 27.3.2000 10.4.2000 25.4.2000 11.5.2000 25.5.2000 8.6.2000 22.6.2000 10.7.2000 24.7.2000 7.8.2000 21.8.2000 volume 4.9.2000 KB (CZK) 18.9.2000 3.10.2000 Volume and Price of KB
Slide 26: Structure of Shareholders
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% The Ba nk of Ne w York ADR De pa rtme nt 4,060,865 10.68% Cha s e Ire la nd [Nomine e s ] Limite d 686,249 1.81% ČS OB, a . s . - Divize Inve s tiční a poš tovní ba nk
Slide 27: Contacts
Contacts Investor Relations Division Hana Urbanová 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.cz Ing. Pavla Adamová tel: +420 2 2