Solvency

in thousands of EUR

The solvency is calculated according to the Basel II guidelines.

  (XLS:) Download XLS

Amounts in thousands of EUR

2011

2010

1.

Subordinated liabilities are weighted for 80% in the own funds compared to 100% in 2010, due to the maturity which is shorter than five years in 2011.

 

 

 

The tier 1 capital and own funds can be specified as follows:

 

 

Share capital

305,688

249,352

Share premium

76,234

57,566

Statutory reserve

7,024

7,867

Other reserve

44,847

35,763

Retained earnings

17,324

11,509

Minus: proposed dividend

–11,922

–9,725

Minus: intangible fixed assets

–13,475

–14,646

 

 

 

 

 

 

Tier 1 capital (a)

425,720

337,686

Revaluation reserve

49

59

Subordinated liabilities after deduction of discount1

12,191

22,694

 

 

 

 

 

 

Own funds (b)

437,960

360,439

Capital requirements (c)

242,764

196,400

 

 

 

 

 

 

Surplus of own funds (b-c)

195,196

164,039

 

 

 

Tier 1 ratio (a/c * 8%)

14.0%

13.8%

BIS ratio (b/c * 8%)

14.4%

14.7%

 

 

 

The capital requirements can be specified as follows:

  (XLS:) Download XLS

Amounts in thousands of EUR

2011

2010

 

 

 

Capital requirement for credit risk

226,779

183,161

Capital requirement for market risk

Capital requirement for operational risk

15,985

13,239

 

 

 

 

 

 

 

242,764

196,400

 

 

 

The capital requirement for credit risk is 8% of the risk-weighted value of assets, off-balance sheet items and derivatives.

  (XLS:) Download XLS

Amounts in thousands of EUR

2011

2010

 

 

 

Risk-weighted assets

2,479,346

1,929,175

Risk-weighted off-balance sheet items

333,408

343,416

Risk-weighted derivatives

21,985

16,919

 

 

 

 

 

 

 

2,834,739

2,289,510

 

 

 

Capital requirement percentage

8%

8%

Capital requirement amount for credit risk

226,779

183,161

 

 

 

The capital requirement for market risk exclusively concerns exchange rate risk in the case of Triodos Bank. The capital requirement is 8% of the net open foreign currency position if the net open foreign currency position is more than 2% of the actual own funds. The capital requirement is zero if the net open foreign currency position is less than 2% of the actual own funds.

  (XLS:) Download XLS

Amounts in thousands of EUR

2011

2010

 

 

 

Bottom line of 2% of the actual own funds

8,759

7,225

Net open foreign currency position

4,489

2,120

Capital requirement percentage

0%

0%

Capital requirement amount for market risk

 

 

 

The capital requirement for operational risk is 15% of the average income of the previous three years.

  (XLS:) Download XLS

Amounts in thousands of EUR

2011

2010

 

 

 

Total income 2008

n/a

73,737

Total income 2009

88,336

88,336

Total income 2010

102,702

102,702

Total income 2011

128,661

n/a

 

 

 

Average income previous three years

106,566

88,258

Capital requirement percentage

15%

15%

Capital requirement amount for operational risk

15,985

13,239