Professional Documents
Culture Documents
31/12/2011
Income statement
Net gains and losses on assets & liabilities at fair value through P&L 625
Assets
Financial liabilities at fair value through P&L (fair value portion of debt) n.a.
Guarantees n.a.
Acceptances and documentary credits 125,985
Committed Credit Facilities 676,131
Managed securitized assets n.a.
Other exposure to securitizations n.a.
Other contingent liabilities 823,132
Total on and off-balance sheet items 3,499,126
Capital adequacy
Common equity tier 1 (CET1) n.a.
Common equity (core) tier 1 ratio (as reported)% n.a.
Total capital ratio (as reported)% 16.99
Equity / total assets% 9.49
Equity / Risk-weighted Assets% 18.42
Tangible Common Equity / Tangible Assets% 7.87
Asset quality
Total assets 1,873,878
Interest earning assets 1,391,397
Other earning assets 183,704
Total earning Assets 1,540,519
Loans / Total assets% 34.47
Reserves
Collective/General loan impairment reserves n.a.
Individual/Specific loan impairment reserves n.a.
Impaired / Non Performing Loans
Total Impaired / Non Performing loans 20,261
Income statement
Interest on loans
Interest on bank deposits
Interest and preferred stock dividends on securities (AFS and HtM)
Other interest income
Total interest received
Interest on customer deposits
Interest on debt securities
Interest on bank deposits
Other interest expenses
Total interest paid
Net interest income
Fee and commission income
Fee and commission expense
Net fee and commission income
Net trading income on securities and derivatives
Net gains and losses on assets & liabilities at fair value through P&L
Net gains and losses on other securities
Total net trading income and fair value gains and losses
Net insurance income
Dividend income: common stock
Net gains and losses on real estate
Other operating income
Operating revenues
Impairment on loans and advances
Impairment on other assets
Total Impairment charges
Net operating revenues
Staff expenses
Other administrative expenses
Other operating expenses
Total operating expenses
Operating profit
Equity accounted share of profits of associates and joint ventures
Non-operating income
Non-operating expenses
Profit/(loss) on acquisition and disposal of subsidiaries
Profit before tax
Income tax expense
Net profit/(loss) for the year from discontinued operations
Net income
Dividend paid
Retained Income
Assets
Demand deposits
Savings deposits
Time deposits
Other customer deposits
Customer deposits
Bank deposits
Other wholesale deposits
Short term funding and Debt Securities < 1 year
LT Borrowings and Debt Securities at Historical Cost
Financial liabilities at fair value through P&L (fair value portion of debt)
Other long term borrowing
Repurchase agreements, securities loaned, cash collateral
Derivative financial instruments
Trading liabilities
Brokerage payables
Other liabilities
Discontinued operations
Insurance liabilities
Current tax liabilities
Deferred tax liabilities
Provisions
Other deferred liabilities
Other liabilities and provisions
Subordinated liabilities
Total liabilities
Preference shares accounted for as debt
Preference shares accounted as equity
Other hybrid capital
Hybrid capital
Common equity: par value + capital surplus
Valuation gains/losses on AFS securities
Valuation gains/losses on property
Cashflow hedging reserve
Foreign Exchange Revaluation Reserves
Other Reserves
Treasury/Own Shares
Retained earnings
Shareholders equity
Non-controlling interests
Total equity
Total liabilities and equity
31/12/201 31/12/201 31/12/201 31/12/201 31/12/201
1 2 3 4 5
Return on Asset(ROA)
bank name an date 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC 1.35% 1.36% 1.39% 1.34% 1.25%
Citi 0.60% 0.42% 0.74% 0.41% 1.00%
Return on Equity(ROE)
bank name an date 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC 21.76% 21.15% 20.57% 17.97% 15.42%
Citi 6.26% 4.12% 6.97% 3.73% 8.39%
formula used: =ICBC!D44/ICBC!D$127, =Citi!D44/Citi!D$127
Interest Spread
bank name an date 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC 3.21% 3.35% 3.25% 3.29% 2.95%
Citi 3.37% 3.18% 3.22% 3.22% 3.27%
Loan Spread
bank name an date 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC 5.35% 5.90% 5.53% 5.58% 5.17%
Citi 7.54% 7.31% 6.89% 6.88% 6.64%
Deposit spread
bank name an date 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC 1.54% 1.83% 1.87% 1.92% 1.83%
Citi 0.85% 0.73% 0.55% 0.54% 0.47%
Net Interest Margin
3.30%
3.25% 3.24%
3.20%
3.17%
3.14%
3.10% 3.10%
3.00% 3.01%
3.00%
2.94% 2.94%
2.90%
2.80%
2.76%
2.70%
31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC Cit
Return on Asset
1.40% 1.39%
1.35% 1.36% 1.34%
1.25%
1.20%
1.00% 1.00%
0.80%
0.74%
0.60% 0.60%
0.20%
31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC Ci t
Return on Equity
22.50%
21.76%
21.15%
20.57%
20.00%
17.97%
17.50%
15.00% 15.42%
12.50%
Return on Equity
22.50%
21.76%
21.15%
20.57%
20.00%
17.50% 17.97%
15.00% 15.42%
12.50%
10.00%
8.39%
7.50%
6.97%
6.26%
5.00%
4.12% 3.73%
2.50%
31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC Cit
Equity Multiplier(leverage)
bank name an date 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC 16.16 15.55 14.80 13.41 12.34
Citi 10.45 9.90 9.43 9.15 8.38
Equity Multplier
17.00
16.00 16.16
15.55
15.00
14.80
14.00
13.41
13.00
12.34
12.00
11.00
10.45
10.00 9.90
9.43
9.00 9.15
8.38
8.00
31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC Ci t
Return on Equity
25.00%
21.76%
21.15%
20.57%
20.00%
17.97%
15.00% 15.42%
10.00%
8.39%
6.97%
6.26%
5.00%
4.12% 3.73%
17.97%
15.00% 15.42%
10.00%
8.39%
6.97%
6.26%
5.00%
4.12% 3.73%
0.00%
31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015
ICBC Ci t
Liquidity Analysis
0.6
0.5298815741
0.5
0.470866171
0.4297433803 0.4379843402
0.4 0.3885273995
0.3
0.2456766129 0.2424650949
0.2 0.2144637628 0.21871792190.2037719283
0.1
0
1 2 3 4 5 6 7
Liquid asset to Total ass ets
Liquid asset to custoer deposits