Definitions
Capital adequacy ratio
The capital base in relation to risk-weighted assets.
Capital base
The sum of Tier 1 (primary) and Tier 2 (supplementary) capital. To obtain the capital base for capital adequacy purposes, deduction is made for capital contributions in insurance companies.
Capital quotient
The capital base in relation to the capital requirement.
Cash flow per share
Cash flow for the year in relation to the weighted average number of shares outstanding during the year.
Core Tier 1 capital
Tier 1 capital excluding hybrid capital.
Core Tier 1 capital ratio
Core Tier 1 capital in relation to the risk-weighted assets.
Cost/income ratio
Expenses in relation to income.
Credit impairments
Established losses and provisions for the year less recoveries related to loans as well as the year’s net expenses for guarantees and other contingent liabilities.
Credit impairment ratio
Credit impairments on loans and other credit risk provisions, net, in relation to the opening balance of loans to credit institutions and loans to the public.
Duration
The average weighted maturity of payment flows calculated at present value and expressed in number of years.
Earnings per share after dilution
Profit for the year allocated to shareholders in relation to the weighted average number of shares outstanding during the year, rights issue adjustment factor included, adjusted for the dilution effect of potential shares.
Earnings per share before dilution
Profit for the year allocated to shareholders in relation to the weighted average number of shares outstanding during the year, rights issue adjustment factor included.
Equity per share
Shareholders’ equity in relation to the number of shares outstanding.
Impaired loans
Loans where there is, on individual level, objective evidence of a loss event, and where this loss event has an impact on the cash flow of the exposure. Impaired loans, gross, less specific provisions for loans assessed individually constitute impaired loans, net.
Interest fixing period
Contracted period during which interest on an asset or liability is fixed.
Net interest margin
Net interest income in relation to average total assets.
Loan/deposit ratio
Lending to the public excluding Swedish Nat’l Debt Office and repurchase agreements in relation to deposits from the public excluding Swedish Nat’l Debt Office and repurchase agreements
Net asset value per share
Shareholders’ equity according to the balance sheet and the equity portion of the difference between the book value and fair value of the assets and liabilities divided by the number of shares outstanding at year-end.
Number of employees
The number of employees at year-end, excluding long-term absences, in relation to the number of hours worked expressed in terms of fulltime positions.
P/E ratio
Market capitalisation at year-end in relation to Profit for the financial year allocated to shareholders.
Price/equity
The share price at year-end in relation to the closing-day equity per share.
Provision ratio for individually identified impaired loans
Provisions for impaired loans assessed individually in relation to impaired loans, gross.
Restructured loan
A loan where the terms have been modified to more favourable for the debtor, due to the debtor’s financial difficulties.
Return on equity
Profit for the financial year allocated to shareholders in relation to average shareholders’ equity.
Return on total assets
Profit for the financial year in relation to average total assets.
Risk-weighted assets
Capital requirement for credit risk, market risk and operational risk according to the capital adequacy rules multiplied by 12.5.
Share of impaired loans, gross
Carrying amount of impaired loans, gross, in relation to the carrying amount of loans to credit institutions and the public excluding provisions.
Share of impaired loans, net
Carrying amount of impaired loans, net, in relation to the carrying amount of loans to credit institutions and the public.
Tier 1 capital
Shareholders’ equity less proposed dividend, deduction for intangible assets, deferred tax assets and certain other adjustments. Hybrid capital (equity contribution and reserves) may be included in the capital base as Tier 1 capital with an approval from the supervisory authority.
Tier 1 capital ratio
Tier 1 capital in relation to the risk-weighted assets.
Tier 2 capital
Fixed-term subordinated liabilities, less a certain reduction if their remaining maturity is less than five years, and undated subordinated liabilities.
Total provision ratio for impaired loans
All provisions for loans in relation to impaired loans, gross.
Yield
Dividend per share in relation to the share price at year-end.
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