NATIXIS - 2018 Registration document and annual financial report
3 RISK FACTORS, RISK MANAGEMENT AND PILLAR III Basel 3 Pillar III disclosures
(B) Regulation (EU) No. 575/2013 Article reference treatment
(C) Amounts subject to pre-regulation or prescribed residual amount in virtue of regulation (EU) No. 575/2013
(A) Amount on publication date
Row number Aggregate wording
(in millions of euros)
(in millions of euros)
Capital instruments subject to phase-out arrangements (only applicable between January 1, 2013 and January 1, 2022) 80
Current cap on CET1 instruments subject to phase-out arrangements
0
484 (3), 486 (2) et (5)
Amount excluded from CET1 due to cap (excess over cap after redemptions and maturities)
81
0
484 (3), 486 (2) et (5)
82
Current cap on AT1 instruments subject to phase-out arrangements
726
484 (4), 486 (3) et (5)
83
Amount excluded from AT1 due to cap (excess over cap after redemptions and maturities)
0
484 (4), 486 (3) et (5)
84
Current cap on T2 instruments subject to phase-out arrangements
875
484 (5), 486 (4) et (5)
85
Amount excluded from T2 due to cap (excess over cap after redemptions and maturities)
0
484 (5), 486 (4) et (5)
Changes in regulatory capital, regulatory own fund requirements 3.3.1.4 and ratios in 2018 Regulatory capital and capital adequacy ratio The 2018 CET1, Tier 1 and total ratios are presented below by major component. The same ratios for 2017 are shown by way of comparison. In accordance with the Basel 3/CRR regulatory framework, under Pillar I these ratios must exceed the minimum limits of 4.5%, 6% and 8%, respectively, in addition to the cumulative safety buffers of 6.435%, 7.935% and 9.935%, respectively for 2018, and of 7.06%, 8.56% and 10.56%, respectively for 2019.
TOTAL CAPITAL RATIO R
31/12/2018
31/12/2017
(in millions of euros)
Shareholders' equity (Group share)
19,916
19,795
Deeply subordinated notes (DSN)
1,978
2,232
Perpetual subordinated notes (PSN)
0
0
Consolidated shareholders’ equity Group share, net of DSNs and PSNs
17,938
17,563
Minority interests (amount before phase-in arrangements)
241
137
Intangible assets
(580)
(511)
Goodwill
(3,330)
(3,131)
Dividends proposed to the General Shareholders’ Meeting and expenses
(944)
(1,160)
Deductions, prudential restatements and phase-in arrangements
(1,374)
(924)
Total Common Equity Tier 1 capital
11,951
11,975
Deeply subordinated notes (DSN) and preference shares
2,145
2,397
Additional Tier 1 capital
0
0
Tier 1 deductions and phase-in arrangements
(22)
(101)
Total Tier 1 capital
14,074
14,271
Tier 2 instruments
3,131
2,955
Other Tier 2 capital
34
0
Tier 2 deductions and phase-in arrangements
(761)
(686)
Overall capital
16,477
16,540
Total risk-weighted assets
109,225
110,697
Credit risk-weighted assets (incl. CVA)
84,245
86,182
Market risk-weighted assets
9,635
9,730
Operational risk-weighted assets
15,345
14,784
Capital adequacy ratios Common Equity Tier 1 ratio
10.9%
10.8%
Tier 1 ratio
12.9%
12.9%
Total capital ratio
15.1%
14.9%
176
Natixis Registration Document 2018
Made with FlippingBook HTML5