Jyske Bank's Annual Report 2014
24.02.2015
- Annual Report 2014 [PDF]
- Preliminary announcement of financial statements 2014 [PDF]
- Presentation Jyske Bank 2014 [PDF]
- Risk and Capital Management [PDF]
Summary
- Pre-tax profit: DKK 3,103m (2013: DKK 2,301m)
- The pre-tax profit corresponded to an annualised return of 17.8% on opening equity (2013: 14.7%)
- BRFkredit's pre-tax profit for the period 1 May to 31 December 2014 amounted to DKK 457m
- Value adjustments DKK -653m (2013: DKK 541m)
o Of which relating to customers interest-rate hedging DKK -541m (2013: DKK 249m) - Loan impairment charges and provisions for guarantees: DKK 2,538m (2013: DKK 1,147m)
o Of which management's estimate, primarily relating to agriculture: DKK 350m (2013: DKK 0m)
o At end-2014, the overall impairment ratio for milk producers and pig farming amounted to 36%
o Recognised losses DKK 1,139m (2013: DKK 1,331m) - Loans and advances: DKK 362bn (2013: DKK 131bn)
o Mortgage loans: DKK 219bn (2013: DKK 0bn)
o Bank loans and advances: DKK 120bn (2013: DKK 111bn) - Of which new home loan products: DKK 18bn (2013: DKK 0.4bn)
- Bank deposits: DKK 133bn (2013: DKK 116bn)
- Capital ratio 16.4%, of which Common Equity Tier 1 capital ratio of 15.3% (2013: 16.0% and 15.3%)
- Individual solvency requirement: 10.9% (2013: 9.8%)
Interview with Anders Dam
