Basic earnings per share
[result after tax, attributable to equity holders of the parent] / [average number of ordinary shares less treasury shares]. If a coupon is paid on the additional tier-1 instruments included in equity, it will be deducted from the numerator.
compound annual growth rate.
Combined ratio (non-life insurance)
[technical insurance charges, including the internal cost of settling claims / earned insurance premiums] + [operating expenses / written insurance premiums] (after reinsurance in each case).
Common equity ratio
[common equity tier-1 capital] / [total weighted risks].
[operating expenses of the banking activities] / [total income of the banking activities].
[specific impairment on loans] / [outstanding impaired loans]. For a definition of ‘impaired’, see ‘Impaired loans ratio’. Where appropriate, the numerator and denominator may be limited to impaired loans that are more than 90 days past due.
Credit cost ratio
[net changes in impairment for credit risks] / [average outstanding loan portfolio].
Diluted earnings per share
[result after tax, attributable to equity holders of the parent] / [average number of ordinary shares plus dilutive options less treasury shares]. If a coupon is paid on the additional tier-1 instruments included in equity, it will be deducted from the numerator.
Dividend payout ratio
[amount of dividend to be distributed plus coupon to be paid on the core-capital securities sold to the government and on the additional tier-1 instruments included in equity] / [consolidated net profit].
Equity market capitalisation
[closing price of KBC share] x [number of ordinary shares].
Impaired loans ratio
[amount outstanding of impaired loans] / [total outstanding loan portfolio]. Impaired loans are loans where it is unlikely that the full contractual principal and interest will be repaid/paid. These loans have a KBC default status of PD 10, PD 11 or PD 12 and correspond to the new definition of 'non-performing' used by the European Banking Authority. Where appropriate, the numerator may be limited to impaired loans that are more than 90 days past due (PD 11 and PD 12).
[regulatory available tier-1 capital] / [total exposure measure]. The exposure measure is the total of non-risk-weighted on and off-balance sheet items, based on accounting data.
Liquidity coverage ratio (LCR)
[stock of high-quality liquid assets] / [total net cash outflows over the next 30 calendar days].
Net interest margin of the group
[net interest income of the banking activities] / [average interest-bearing assets of the banking activities].
Net stable funding ratio (NSFR)
[available amount of stable funding] / [required amount of stable funding].
Parent shareholders’ equity per share
[parent shareholders’ equity] / [number of ordinary shares less treasury shares (at period-end)].
Return on allocated capital (ROAC) for a particular business unit
[result after tax (including minority interests) of a business unit] / [average allocated capital of the business unit]. The capital allocated to a business unit is based on the risk-weighted assets for the banking activities (under Basel III) and risk-weighted asset equivalents for the insurance activities (under Solvency II).
Return on equity
[result after tax, attributable to equity holders of the parent] / [average parent shareholders’ equity, excluding certain revaluation reserves
Solvency ratio, KBC Insurance
[available solvency capital] / [minimum regulatory solvency capital].