Interim Financial Report for 1st half of 2017
- Interim Financial Report for 1st half of 2017
- Solvency Need Report 1st half of 2017
- BRFkredit Investor Presentation 1st half of 2017
∙ Profit before tax amounted to DKK 543m (1st half 2016: DKK 604m).
∙ Net profit for the period amounted to DKK 423m (1st half 2016: DKK 473m).
∙ The net profit for the period corresponded to an annualised return of 6.6% on opening equity (1st half 2016: 8.0% p.a.).
∙ Loan impairment charges and provisions for guarantees amounted to an expense of DKK 120m (first half of 2016: an income of DKK 19m).
∙ Mortgage loans: DKK 297.2bn (end of 2016: DKK 278.4bn).
∙ Capital ratio: 17.9% (end of 2016: 19.0%), and Common Equity Tier 1 capital ratio of 17.9% (end of 2016: 19.0%).
∙ Individual solvency requirement: 9.3% (end of 2016: 9.3%).