AFD_REGISTRATION_DOCUMENT_2017

RISK MANAGEMENT

4

BaselbIII pillarb3

When itemised, the capital breaks down as follows: CONSOLIDATED CAPITAL

31/12/2017

In millions of euros

Equity

2,808 1,930

Consolidated reserves

Earnings

0 0

Projected distribution (20% company income statement)

FRBG

460 139 148 198 -32 -30

Equity method diff.

Unrealised capital gains and losses

Minority interests Intangible assets

Exclusion of unrealised gains entered in KP

Prudent valuation

-4

CET1 capital

5,619

CET1 deductions

0

CET1 CAPITAL AFTER DEDUCTIONS

5,619

T1 subordinated securities

720

T1 capital

6,339

T1 deductions

0

T1 CAPITAL AFTER DEDUCTIONS

6,339

Subordinated loans, Art.b4d Subordinated loans, Art.b4c

0 0 0 0 0

T2 capital

T2 deductions

T2 CAPITAL AFTER DEDUCTIONS TOTAL CONSOLIDATED CAPITAL

6,339

DEDUCTIONS AND PRUDENTIAL RESTATEMENTS UNDER CRR/CRD4

31/12/2017

31/12/2016

In millions of euros

Cut back of non-eligible minority interests (1) Exclusion of unrealised gains entered in equity

-96,5 -29,9

-176,6

-65,7

Prudent Value Adjustment

-3,5

-0,9

TOTAL -243,2 (1)Articles 81 and 479 of the CRR provide for the deduction from capital of the minority interests in entities not governed by the CRR and CRDIV, or equivalent requirements, with a transition period. 4.2.3.2 Capital adequacy AFD easily meets the minimum capital requirements set out in Pillarb1, with an increase in its capital taking its capital adequacy ratio to 16.44% at 31 December 2017, compared with 16.82% at 31 December 2016. -129,9

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REGISTRATION DOCUMENT 2017

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