UBI Banca Group

More documents

Recommendations

Info

A.9 Residual maturity of OTC financial derivatives: notional amounts Underlying asset/Residual maturity Up to 1 year 1 year to 5 years More than 5 years Total A. Supervisory trading portfolio 17,323,748 9,639,788 7,102,913 34,066,449 A.1 Financial derivatives on debt instruments and interest rates 12,006,703 9,548,710 7,102,913 28,658,326 A.2 Financial derivatives on equity instruments and share indices 7,416 52,265 - 59,681 A.3 Financial derivatives on exchange rates and gold 5,303,844 38,813 - 5,342,657 A.4 Financial derivatives on other securities 5,785 - - 5,785 B. Banking portfolio 10,646,479 27,344,997 13,334,476 51,325,952 B.1 Financial derivatives on debt instruments and interest rates 9,324,889 26,094,128 12,610,327 48,029,344 B.2 Financial derivatives on equities and share indices 192,965 1,250,869 724,149 2,167,983 B.3 Financial derivatives on exchange rates and gold 1,128,625 - - 1,128,625 B.4 Financial Derivatives on other securities - - - - Total 31/12/2011 27,970,227 36,984,785 20,437,389 85,392,401 Total 31/12/2010 39,158,581 32,975,936 29,228,629 101,363,146 A.10 OTC financial derivatives: counterparty risk/financial risk – Internal models The UBI Banca Group does not use internal models to measure counterparty risk and financial risk for OTC financial derivatives. 431
B. Credit derivatives B.1 Credit derivatives: end of period and average notional amounts No items of this type exist in the UBI Banca Group. B.2 OTC credit derivatives: gross positive fair value – by type of product No items of this type exist in the UBI Banca Group. B.3 OTC credit derivatives: gross negative fair value – by type of product No items of this type exist in the UBI Banca Group. B.4 OTC credit derivatives: gross fair value (positive and negative) by counterparty – contracts not covered by clearing agreements No items of this type exist in the UBI Banca Group. B.5 OTC credit derivatives: gross fair value (positive and negative) by counterparty – contracts covered by clearing agreements No items of this type exist in the UBI Banca Group. B.6 Residual maturity of credit derivatives: notional amounts No items of this type exist in the UBI Banca Group. B.7 Credit derivatives: counterparty risk/financial risk – internal models The UBI Banca Group does not use internal models to measure counterparty and financial risk for credit derivatives. C. Financial and credit derivatives C.1 OTC financial and credit derivatives: net fair value and future exposure by counterparty No OTC financial and credit derivatives with contracts covered by clearing agreements were recognised. 432
Page 2 and 3:
Joint stock co-operative company Re
Page 4 and 5:
▪ Principal risks and uncertainti
Page 6 and 7:
REPORT ON CORPORATE GOVERNANCE AND
Page 8 and 9:
A low risk profile The Group has no
Page 10 and 11:
UBI Banca: company officers Honorar
Page 12:
UBI Banca Group: the main investmen
Page 15 and 16:
The rating As the sovereign debt cr
Page 17 and 18:
Notice of call 1 An Ordinary Genera
Page 21 and 22:
The macroeconomic scenario In a gen
Page 23 and 24:
Monetary policy action taken by the
Page 25 and 26:
imports (+24.9%) than in exports (+
Page 27 and 28:
permanently balance public accounts
Page 29 and 30:
In the light of the very serious cr
Page 31 and 32:
total of the variable component of
Page 33 and 34:
The “hour glass” shaped distrib
Page 35 and 36:
dynamic use of credit recovery serv
Page 37 and 38:
The contribution of the outstanding
Page 39 and 40:
4 th -7 th July 2011 (offer period
Page 41 and 42:
Action undertaken on the branch net
Page 43 and 44:
Disposal of UBI Pramerica SGR opera
Page 45 and 46:
Finally, the UBI Banca Group increa
Page 47 and 48:
• the “Italian Banking Associat
Page 49 and 50:
- the global financial crisis, whic
Page 51 and 52:
As a result of new loan disbursemen
Page 53 and 54:
Again with regard to financial educ
Page 55 and 56:
As concerns the Foreign-Commercial
Page 57 and 58:
This dialogue with customers is not
Page 59 and 60:
The distribution network and positi
Page 61 and 62:
The Italian distribution network of
Page 63 and 64:
Remote channels Market coverage by
Page 65 and 66:
• private individual customers ca
Page 67 and 68:
Human resources The composition of
Page 69 and 70:
The percentage of part-time employe
Page 71 and 72:
Personnel management policies and i
Page 73 and 74:
• the implementation of the “Va
Page 75 and 76:
editions were published in 2011). A
Page 77 and 78:
15. Barberini Sa (100% controlled)
Page 79 and 80:
Companies consolidated using the eq
Page 81 and 82:
- 22 nd February 2011: UBI Banca de
Page 83 and 84:
total price of €77 million. Conse
Page 85 and 86:
Reclassified consolidated financial
Page 87 and 88:
Reclassified consolidated income st
Page 89 and 90:
Reclassified consolidated income st
Page 91 and 92:
Notes to the reclassified consolida
Page 93 and 94:
marked improvement compared to €8
Page 95 and 96:
elation to higher volumes of busine
Page 97 and 98:
equity investments (including PerMi
Page 99 and 100:
(+0.9%). The changes summarise the
Page 101 and 102:
Brescia and €116.3 million of imp
Page 103 and 104:
- the partial non deductibility of
Page 105 and 106:
The comments that follow are based
Page 107 and 108:
Total funding Total group funding,
Page 109 and 110:
On the other hand, while significan
Page 111 and 112:
In detail, institutional funding wa
Page 113 and 114:
The public tender offer to purchase
Page 115 and 116:
As concerns mutual investment funds
Page 117 and 118:
General banking business with custo
Page 119 and 120:
The ratio of lending to funding in
Page 121 and 122:
The change recorded was caused by a
Page 123 and 124:
unsecured non-performing loans (€
Page 125 and 126:
Loans to customers: changes in dete
Page 127 and 128:
The interbank market and the liquid
Page 129 and 130:
Loans to banks: composition Changes
Page 131 and 132:
The collateral pool also benefited
Page 133 and 134:
Financial assets The year 2011 was
Page 135 and 136:
- the Centrobanca corporate bond po
Page 137 and 138:
Financial instruments held for trad
Page 139 and 140:
Financial liabilities held for trad
Page 141 and 142:
As concerns, on the other hand, por
Page 143 and 144:
Exposures to some types of products
Page 145 and 146:
SPE underlying assets Figures in mi
Page 147 and 148:
The table below summarises on- and
Page 149 and 150:
OTC interest rate derivatives: deta
Page 151 and 152:
OTC derivatives: first five counter
Page 153 and 154:
Fair value reserves of available-fo
Page 155 and 156:
illion) and on the other hand for t
Page 157 and 158:
The system of internal control The
Page 159 and 160:
from the scope of the regulations f
Page 161 and 162:
Consolidated companies: the princip
Page 163 and 164:
Direct funding from customers Figur
Page 165 and 166:
The performance of the main consoli
Page 167 and 168:
exposures secured by real estate pr
Page 169 and 170:
million) and other services (+€5.
Page 171 and 172:
BANCA POPOLARE COMMERCIO E INDUSTRI
Page 173 and 174:
accounts and deposits and term depo
Page 175 and 176:
- net interest income reached €16
Page 177 and 178:
BANCA POPOLARE DI ANCONA SPA Figure
Page 179 and 180:
under management, which fell overal
Page 181 and 182:
million) and the repurchase of own
Page 183 and 184:
CENTROBANCA SPA Figures in thousand
Page 185 and 186:
principally to new classifications
Page 187 and 188:
- the net result for financial acti
Page 189 and 190:
IW BANK SPA Figures in thousands of
Page 191 and 192:
overdrafts, while the remaining €
Page 193 and 194:
y the “Company restructuring prog
Page 195 and 196:
UBI PRAMERICA SGR SPA Figures in th
Page 197 and 198:
UBI FACTOR SPA Figures in thousands
Page 199 and 200:
impaired loans - attributable mainl
Page 201 and 202:
managers of Banca Popolare Commerci
Page 203 and 204:
Development Decree - Decree Law No.
Page 205 and 206:
‐ the tax treatment of provisions
Page 207 and 208:
a different criterion is used to ca
Page 209 and 210:
Further details of tax inspections
Page 211 and 212:
In 2011, UBI Banca obtained visibil
Page 213 and 214:
meetings with representatives of bo
Page 215 and 216:
Legislation on the protection of pe
Page 217 and 218:
• risks defined as measurable, fo
Page 219 and 220:
uncertainty surrounding the outcome
Page 221 and 222:
Compliance of corporate health and
Page 223 and 224:
STATEMENT OF THE CHIEF EXECUTIVE OF
Page 225 and 226:
Certification of the consolidated f
Page 227 and 228:
Independent auditors’ report 226
Page 229 and 230:
228
Page 231 and 232:
Consolidated Balance Sheet
Page 233 and 234:
Consolidated Income Statement figur
Page 235 and 236:
Statement of changes in consolidate
Page 237 and 238:
Consolidated Statement of Cash Flow
Page 239 and 240:
PART A - Accounting policies A.1 -
Page 241 and 242:
Accounting policies The accounting
Page 243 and 244:
The income statement of the investo
Page 245 and 246:
39. UBI Finance Srl Milan euro 10,0
Page 247 and 248:
▪ ▪ ▪ 14 th March 2012: the U
Page 249 and 250:
consequent absence of taxable incom
Page 251 and 252:
List of the main IFRS standards end
Page 253 and 254:
Reg. 1126/2008, SIC 7 Introduction
Page 255 and 256:
1.2. Definition of financial assets
Page 257 and 258:
performance by stock markets rather
Page 259 and 260:
3.4 Derecognition criteria Held-to-
Page 261 and 262:
original loan contract, or in the p
Page 263 and 264:
The methods used for measurement of
Page 265 and 266:
6.3 Measurement criteria Investment
Page 267 and 268:
individual renewals, or if the asse
Page 269 and 270:
An intangible asset is recognised i
Page 271 and 272:
(a) within asset item 120 of the ba
Page 273 and 274:
10.1. Current tax assets and liabil
Page 275 and 276:
might affect the amount required to
Page 277 and 278:
14.3.2 Post-employment benefits and
Page 279 and 280:
Interest is recognised on an accrua
Page 281 and 282:
Level 2 Where no prices are availab
Page 283 and 284:
A.3.2.1 Accounting portfolios: dist
Page 285 and 286:
2.2 Financial assets held for tradi
Page 287 and 288:
3.3. Financial assets at fair value
Page 289 and 290:
4.4 Available-for-sale financial as
Page 291 and 292:
6.2 Loans to banks: assets subject
Page 293 and 294:
- 5 % auto sector; - 3 % aeronautic
Page 295 and 296:
SECTION 10 Equity investments - Ite
Page 297 and 298:
10.3 Annual changes in equity inves
Page 299 and 300:
SECTION 11 Technical reserves of re
Page 301 and 302:
These valuation methods were perfor
Page 303 and 304:
Details of the item “Goodwill”
Page 305 and 306:
13.2 Annual changes in intangible a
Page 307 and 308:
comparable transactions for corpora
Page 309 and 310:
Second level impairment test Becaus
Page 311 and 312:
Cash Generating Unit Increase in th
Page 313 and 314:
No deferred tax assets were recogni
Page 315 and 316:
14.7 Other information The tables a
Page 317 and 318:
15.2 Other information Nothing to r
Page 319 and 320:
SECTION 2 Due to customers - Item 2
Page 321 and 322:
Details of item A.1 “Subordinated
Page 323 and 324:
SECTION 4 Financial liabilities hel
Page 325 and 326:
6.2 Hedging derivatives: compositio
Page 327 and 328:
11.2 Other information The demograp
Page 329 and 330:
demographic tables; the characteri
Page 331 and 332:
Changes in liabilities in 2011 for
Page 333 and 334:
The economic and financial assumpti
Page 335 and 336:
• degree of “innovation” in t
Page 337 and 338:
year, for 2004 the tax authorities
Page 339 and 340:
Banca Carime (2003 and 2004) increa
Page 341 and 342:
15.2 Share capital - Number of shar
Page 343 and 344:
Also, with regard to the conversion
Page 345 and 346:
UBI Leasing SpA + €353 thousand R
Page 347 and 348:
5. Management and intermediation on
Page 349 and 350:
1.4 Interest expense and similar: c
Page 351 and 352:
2.2 Commission expense: composition
Page 353 and 354:
SECTION 6 Income (loss) from dispos
Page 355 and 356:
8.2 Net impairment losses on availa
Page 357 and 358:
SECTION 9 Net premiums - Item 150 9
Page 359 and 360:
SECTION 12 Net provisions for risks
Page 361 and 362:
SECTION 16 Profits (losses) of equi
Page 363 and 364:
SECTION 19 Profits (losses) on disp
Page 365 and 366:
SECTION 21 Post-tax profit after ta
Page 367 and 368:
(v) (vi) (vii) (viii) (ix) (x) on 5
Page 369 and 370:
368
Page 371 and 372:
- AMA) - in combined use with the t
Page 373 and 374:
1.2 Policies for the management of
Page 375 and 376:
- it works with the Rating Desk and
Page 377 and 378:
Credit processes within the network
Page 379 and 380:
Credit risk management policy A pro
Page 381 and 382: Policy for the distribution of mort
Page 383 and 384: - pledge. In the case of mortgage c
Page 385 and 386: Quantitative information A. Credit
Page 387 and 388: A.1.3 Banking Group - On- and off-b
Page 389 and 390: A.1.7 Banking Group - On-balance sh
Page 391 and 392: A.3.1 Banking Group - Guaranteed/se
Page 393 and 394: B. Distribution and concentration o
Page 395 and 396: B.3 Banking group - Geographical di
Page 397 and 398: of a loan portfolio was signed, whi
Page 399 and 400: • performing loans resulting from
Page 401 and 402: Orio Finance 3 Originator UBI Banca
Page 403 and 404: Tabella 7: 190090O|1 - NOTA C.1.6 I
Page 405 and 406: C.2 Transfers C.2.1 Financial asset
Page 407 and 408: C.3 Banking Group - Covered bond op
Page 409 and 410: transferred. Each of these swaps ha
Page 411 and 412: 3. management of the operations. Th
Page 413 and 414: Subsequently, in November 2011, aft
Page 415 and 416: D. Banking group - Models for the m
Page 417 and 418: one day VaR limit for the UBI Group
Page 419 and 420: Backtesting analysis Backtesting an
Page 421 and 422: The analysis shows a very heightene
Page 423 and 424: different hypotheses for the elasti
Page 425 and 426: 2.3 Currency risk Qualitative infor
Page 427 and 428: 2.4 Derivative financial instrument
Page 429 and 430: A.3 Financial derivatives: gross po
Page 431: A.7 OTC financial derivatives: bank
Page 435 and 436: The system for the management of li
Page 437 and 438: Quantitative information 1.1 Distri
Page 439 and 440: 1.3 Distribution over time by resid
Page 441 and 442: 1.5 Distribution over time by resid
Page 443 and 444: 4 BANKING GROUP - OPERATIONAL RISKS
Page 445 and 446: - Local Operational Risk Support Of
Page 447 and 448: 16031). It must also be underlined
Page 449 and 450: Quantitative information The graphs
Page 451 and 452: Operational losses detected in 2011
Page 453 and 454: B. Quantitative information Informa
Page 455 and 456: Section 2 - Capital and banking sup
Page 457 and 458: deductions and negative filters, to
Page 459 and 460: PART G - Business combination trans
Page 461 and 462: the consolidated income tax act) co
Page 463 and 464: Transactions with related parties -
Page 465 and 466: Principal income statement items wi
Page 467 and 468: it is calculated on the basis of th
Page 469 and 470: Distribution by business segment: b
Page 471: Assistance activities (risk assessm
show all

UBI Banca Group

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?