Prospectus - Notowania
Prospectus - Notowania Prospectus - Notowania
weighted assets (RWA). Risk Cost One of the main indicators used to calculate the risk of the bank’s assets provided by the ratio of the provisions to the allowance for possible loan losses to average net loans to customers. Discount Brokerage Securities broking with an incidence of the commission lower than average. FTE Acronym of Full Time Equivalent, staff calculation for the hours effectively worked and/or paid by the Group. Home Banking Banking service addressing households which envisages the possibility of carrying out banking transactions directly from the user’s domicile, via online connections. ICAAP Acronym of Internal Capital Adequacy Assessment Process, internal corporate process for the assessment of the capital adequacy envisaged by EU legislation on a consistent basis with the matters indicated by the New Basel Agreement on Capital (so-called “Basel II”). Impairment Test Test envisaged by the IFRS standards relating to any reductions in the value of the balance sheet assets. Investment Banking Brokerage activities for the purchase/sale of financial instruments and portfolio management activities carried out together with or separately from the same. IPV Acronym of independent price verification, process used for the classification of the financial instruments. Lifelong Learning Policy for promoting permanent training and learning. LPAC transactions Specialized loans linked to leverage finance (loans for acquisitions using leverage finance), project finance (loans for industrial projects), aircraft finance (aircraft loans), commodity finance (loans in the raw materials sector). Tier I capital The paid-in capital, the reserves, the innovative capital instruments and the net profit for the period make up the capital elements of primary quality. These are joined by the positive “prudential filters” of Tier I capital. The total of the afore-mentioned elements, net of shares or treasury stock, intangible assets, the loss for the period and that registered in previous periods, as - 18 -
well as the negative “prudential filters” of Tier I capital, make up the “Tier I capital”. The Bank of Italy may request that other elements are deducted which, due to their characteristics, may lead to a “diluting” of the Tier I capital. For greater details, see the Instructions for the compilation of the reporting on the Regulatory capital and on the prudent ratios issued by the Bank of Italy. Regulatory Capital or Total Capital The capital of the banks valid for regulatory legislation purposes, represented by the sum of the Tier I capital – allowed in the calculation without any limit – and the Tier 2 capital, which is allowed up to the maximum limit of the Tier I capital less, involving specific and detailed methods, the equity investments and the shareholdings held in other banks and/or financial institutions. The Bank of Italy, in the Regulatory Instructions and in the Instructions for the compilation of the reporting of the Regulatory Capital and on the prudent ratios, indicates detailed limits and methods for the calculation of the Regulatory Capital. For greater details, see the Instructions for the compilation of the reporting of the Regulatory Capital and on the prudent ratios issued by the Bank of Italy. Tier II capital The valuation reserves, the innovative capital instruments not calculated in the Tier I capital, the hybrid equity-linked instruments, the subordinated liabilities, the implicit net capital gains on equity investments, and the other positive elements represent the secondary capital elements. These are joined by the positive “prudential filters” of the Tier II capital. The total of the afore-mentioned elements, less the implicit net capital losses on equity investments, the other negative elements and the negative “prudential filters” of Tier II capital represent the Tier II capital. For greater details, see the Instructions for the compilation of the reporting on the Regulatory capital and on the prudent ratios issued by the Bank of Italy. Plain Vanilla Transaction Transactions with a simple financial structure lacking derivative components, which lead to the issuer’s obligation to reimburse the investor 100% of the notional value on maturity together with the payment of interest calculated in accordance with a specific calculation method. - 19 -
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- Page 3 and 4: 4.3.3 Risks associated with the per
- Page 5 and 6: 20.4. Audit of annual financial inf
- Page 7 and 8: 6.5 Stabilisation..................
- Page 9 and 10: Banca dell’Umbria Banca dell’Um
- Page 11 and 12: Issuer or UniCredit or the Company
- Page 13 and 14: Germany, and between January 14, 20
- Page 15 and 16: UniCredit Family Financing Bank Uni
- Page 17: CDO Acronym of Collateralized Debt
- Page 21 and 22: RWA (Risk-weighted asset) Value wei
- Page 23 and 24: (h) Counterpart risk; (i) Risks ass
- Page 25 and 26: Since its creation, the Group has c
- Page 27 and 28: For greater information on the UniC
- Page 29 and 30: OPERATING PROFIT (millions of €)
- Page 31 and 32: The members of the Board of Directo
- Page 33 and 34: Article 2441, first, second and thi
- Page 35 and 36: − notification that the investor
- Page 37 and 38: Selected financial information on t
- Page 39 and 40: • statutory financial statements
- Page 41 and 42: 1. PARTIES RESPONSIBLE 1.1 Parties
- Page 43 and 44: consolidated interim report as of t
- Page 45 and 46: The reclassified income statement f
- Page 47 and 48: Trading, hedging and fair value inc
- Page 49 and 50: at 12.31.2008 Notional value 28,772
- Page 51 and 52: 4. RISK FACTORS - 51 - RISK FACTORS
- Page 53 and 54: - 53 - RISK FACTORS Since the finan
- Page 55 and 56: - 55 - RISK FACTORS 2009 did not em
- Page 57 and 58: - 57 - RISK FACTORS liquidity facil
- Page 59 and 60: - 59 - RISK FACTORS which €1,686
- Page 61 and 62: - 61 - RISK FACTORS Increases in th
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- Page 65 and 66: - 65 - RISK FACTORS Regional Court
- Page 67 and 68: - 67 - RISK FACTORS Dalmata S.r.l.
well as the negative “prudential filters” of Tier I capital,<br />
make up the “Tier I capital”. The Bank of Italy may<br />
request that other elements are deducted which, due to<br />
their characteristics, may lead to a “diluting” of the Tier<br />
I capital. For greater details, see the Instructions for the<br />
compilation of the reporting on the Regulatory capital<br />
and on the prudent ratios issued by the Bank of Italy.<br />
Regulatory Capital or Total Capital The capital of the banks valid for regulatory legislation<br />
purposes, represented by the sum of the Tier I capital –<br />
allowed in the calculation without any limit – and the<br />
Tier 2 capital, which is allowed up to the maximum<br />
limit of the Tier I capital less, involving specific and<br />
detailed methods, the equity investments and the<br />
shareholdings held in other banks and/or financial<br />
institutions. The Bank of Italy, in the Regulatory<br />
Instructions and in the Instructions for the compilation<br />
of the reporting of the Regulatory Capital and on the<br />
prudent ratios, indicates detailed limits and methods for<br />
the calculation of the Regulatory Capital. For greater<br />
details, see the Instructions for the compilation of the<br />
reporting of the Regulatory Capital and on the prudent<br />
ratios issued by the Bank of Italy.<br />
Tier II capital The valuation reserves, the innovative capital<br />
instruments not calculated in the Tier I capital, the<br />
hybrid equity-linked instruments, the subordinated<br />
liabilities, the implicit net capital gains on equity<br />
investments, and the other positive elements represent<br />
the secondary capital elements. These are joined by the<br />
positive “prudential filters” of the Tier II capital. The<br />
total of the afore-mentioned elements, less the implicit<br />
net capital losses on equity investments, the other<br />
negative elements and the negative “prudential filters”<br />
of Tier II capital represent the Tier II capital. For<br />
greater details, see the Instructions for the compilation<br />
of the reporting on the Regulatory capital and on the<br />
prudent ratios issued by the Bank of Italy.<br />
Plain Vanilla Transaction Transactions with a simple financial structure lacking<br />
derivative components, which lead to the issuer’s<br />
obligation to reimburse the investor 100% of the<br />
notional value on maturity together with the payment of<br />
interest calculated in accordance with a specific<br />
calculation method.<br />
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