BPCE_REGISTRATION_DOCUMENT_2017
3 RISK REPORT
Capital management and capital adequacy
3.3.3
Composition of regulatory capital
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 institutionsand 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.
PHASED-IN REGULATORY CAPITAL ➡
12/31/2017 Basel III phased-in (1)
12/31/2016 Basel III phased in (1)
in millions of euros
Share capital andadditionalpaid-incapital
22,722 36,894
21,947 33,796
Retained earnings
Income
3,024 1,400
3,987 1,726
Gains and lossesrecognizeddirectly in equity
Consolidatedequity attributableto equityholdersof the parent
64,039
61,456 (1,629)
Perpetualdeeply subordinated notes classified as equity
(683)
Consolidated equity attributableto equityholdersof the parent excluding perpetualdeeplysubordinatednotes classified as equity
63,356
59,827
Non-controllinginterests o/w prudentialfilters -
4,569
4,550
229
461
Deductions
(4,912) (3,962)
(4,719) (3,875)
o/w goodwill -
o/w intangible assets - Prudential restatements
(951)
(844)
(3,971) (1,285)
(4,355) (1,232)
o/w shortfall ofcredit riskadjustmentsto expectedlosses -
o/w prudentvaluation - Common EquityTier 1 (2) Additional Tier 1capital
(409)
(414)
59,042
55,303
448
1,304
Tier 1 capital Tier 2 capital
59,490 14,557 74,047
56,607 15,693 72,300
TOTALREGULATORYCAPITAL
Phased-in:after takingphase-inmeasuresinto account. (1) CommonEquityTier 1 included€22,477 millionin cooperativesharesat December 31,2017and €21,036 millionat December 31,2016. (2)
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Registration document 2017
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