Definitions

Definition Description
Available capital base 3) The available capital base is the sum of Tier 1 capital and additional capital. The eligible capital base is the capital that is permitted to be included to cover the Solvency Capital Requirement.
Business volume Customer-related deposits and lending.
C/I before credit lossess, % 1) Expenses before credit losses in relation to operating income.
C/I before credit lossess, exkl. insurance, % 1) Expenses before credit losses in relation to operating income, exclusive segment Insurance.
Capital base 2) The sum of Tier 1 capital and Tier 2 capital.
Claims ratio, % 1) Insurance compensation as a percentage of premium income.
Combined ratio, % 1) The sum of insurance compensation and operating expenses as a percentage of premium earned.
Common equity tier 1 capital 2) Common Equity Tier 1 capital comprises share capital, paid-in capital, retained earnings and other reserves of the companies included in the consolidated situation.
Core tier 1 ratio 2) Core Tier 1 capital in relation to risk-weighted amount as per the Swedish Financial Supervisory Authority’s directive.
Credit loss ratio, % 1) Net credit losses in relation to the average balance of loans to the public.
Earnings per share, SEK 1) Net income attributable to shareholders in relation to average number of shares.
Equity/Assets ratio, % 1) Equity, including profit for the year and 78% of untaxed reserves, as a percentage of the balance sheet total.
Lending to the public, excl. Exchange rate differences 1) Total lending to the public in local currency, excl. exchange rate differences.
NBI Margin, % 1) Operating income exclusive of the Insurance segment in relation to the average balance of loans to the public.
Net interest income/expense, excl. insurance 1) Interest income less interest expenses less interest income and expenses Insurance segment.
Net interest margin, % 1) Net interest income in relation to average balance sheet total.
NIM, % 1) Interest income less interest expenses excluding Insurance segment in relation to average balance of lending to the public.
Nonrecurring costs 1) Items deemed to be of a one-off nature, meaning individual transactions that are not a part of normal business activities. To facilitate the comparison of profit between periods, items are identified and recognised seperately since they are considered to reduce comparability.
Operating costs ratio, % 1) Operating costs, insurance, in relation to premium earned.
Premium income, net 3) Premium income is calculated as the sum of premium income and the change in unearned premiums after deduction of reinsurers’ share. Premium income refers to revenue received by an insurance company for providing insurance coverage during a specific period.
Reserve ratio, % 1) According to IAS 39
Reserve for anticipated credit losses in relation to lending to the public, gross.
According to IFRS 9
Reserve for expected credit losses per stage in relation to lending to the public, gross per stage.
Return on assets % 1) Net income in relation to average balance sheet total.
Return on equity excl. Intangible assets, (ROTE), % 1) Profit for the period as a percentage of average equity less intangible assets.
Return on equity excl. Intangible assests, (ROTE), excl. Nonrecurring costs, % 1) Profit for the period as a percentage of average equity less intangible assets and nonrecurring costs.
Return on equity excl. Intangible assets, (ROTE), excl. Nonrecurring costs, given the common equity tier 1 ratio according to the board’s target and deducted dividend from capital base, % 1) Profit for the period as a percentage of average equity less intangible assets and nonrecurring costs, given the Common Equity Tier 1 ratio according to the Board’s target and decided dividend last year and deducted dividend current year.
Required solvency margin 3) Measurement of the minimum capital base level permitted under currently legislation. Calculation is based on premium income and on indemnification paid by the insurance subsidiary. The required solvency margin is the highest of these two calculated values.
Risk adjusted NBI-margin, % 1) NBI-margin adjusted for credit loss ratio.
Solvency capital requirement 3) Solvency capital requirement is calculated according to EIOPA’s default formula.
Solvency ratio, % 3) The solvency ratio is the eligible capital base in relation to the Solvency Capital Requirement.
Tier 1 capital 2) Tier 1 capital comprises Common Equity Tier 1 capital and other Tier 1 capital.
Tier 2 capital 2) Tier 2 capital comprises dated or perpetual subordinated loans.
Total capital ratio, % 2) Total capital in relation to risk-weighted amount as per the Swedish Financial Supervisory Authority´s directive.
1) Alternative performance measures used by management and analysts to assess the Group’s performance and are not defined in International Financial Reporting Standards (IFRS) or in the capital adequacy rules. Management believes that the performance measures make it easier for investors to analyse the Group’s performance. Calculations and reconciliation against information in the financial statements of these performance measures are provided on the website under “Financial reports.”
2) Key ratios according to capital adequacy rules, referring to the consolidated situation comprises the Resurs Bank AB Group and its Parent Company Resurs Holding AB.
3) Key ratios according to insurance regulations, referring to the insurance operations conducted by Solid försäkrings AB, a subsidiary of Resurs Holding AB.