BPCE - 2018 Risk report / Pillar III
3 CAPITAL MANAGEMENT AND CAPITAL ADEQUACY Composition of regulatory capital
Composition of regulatory capital 3.3
Regulatory capital Regulatory capital is determined in accordance with regulation No. 575/2013 of the European Parliament and of the Council of June 26, 2013 on prudential requirements for credit institutions and investment firms.
It is divided into three categories: Common Equity Tier 1, Additional Tier 1 capital and Tier 2 capital. Deductions are made from these categories. These categoriesare broken down accordingto decreasingdegrees of solidity and stability, duration and degree of subordination.
TABLE 2 – PHASED-IN REGULATORY CAPITAL ➡
12/31/2018 Basel III phased-in (1)
12/31/2017 Basel III phased-in (1)
in millionsof euros
Share capital andadditional paid-incapital
23,513 39,052
22,722 36,894
Retained earnings
Income
3,026
3,024 1,400
Gains and lossesrecognizeddirectly in other comprehensiveincome Consolidatedequity attributableto equityholdersof the parent Perpetualdeeply subordinated notes classified as othercomprehensive income Consolidatedequity attributableto equity holdersof the parent excluding perpetual deeply subordinated notes classified as other comprehensive income
613
66,204
64,039
(683)
(683)
65,521
63,356
Non-controllinginterests o/w prudentialfilters -
4,859
4,568
-
229
Deductions
(5,098) (4,138)
(4,912) (3,962)
- -
o/w goodwill (2)
o/w intangible assets (2)
(960)
(951)
Prudential restatements
(3,104)
(3,970) (1,285)
o/w shortfall ofcredit riskadjustmentsto expectedlosses -
(252) (545)
o/w prudentvaluation - Common EquityTier 1 (3) Additional Tier 1capital
(409)
62,178
59,042
344
448
Tier 1 capital Tier 2 capital
62,522 14,360 76,882
59,490 14,557 74,047
TOTALREGULATORYCAPITAL
Phased-in:after takingphase-inmeasuresinto account. (1) Includingnon-currentassetsand entitiesheld for sale classifiedas held for sale. (2) CommonEquityTier 1 included€24,128 millionin cooperativeshares (after takingallowancesinto account)at December 31,2018and €22,477 millionin 2017. (3)
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Risk Report Pillar III 2018
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