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An interactive tool that presents Resurs Holdings financial data

Reconciliation of Alternative Performance Measures            
SEK thousand Q4 2020 Q3 2020 Q2 2020 Q1 2020 Q4 2019 Q3 2019
Interest income 774,619 799,601 835,380 849,294 845,642 838,673
Interest expense -93,237 -97,556 -104,507 -104,299 -105,000 -105,678
Net interest income/expenses Insurance 3,396 3,373 3,930 4,245 4,384 3,887
Net interest income/expenses excl. Insurance 677,986 698,672 726,943 740,750 736,258 729,108
       
Total expenses before credit losses -413,328 -332,466 -361,089 -364,909 -370,380 -352,723
whereof total expenses Insurance -22,597 -23,212 -27,367 -25,997 -23,318 -24,090
Total operating income 876,401 907,747 931,587 897,176 944,746 925,311
whereof total income Insurance 65,510 67,222 69,261 17,266 60,312 52,129
C/I before credit losses, % 47.2% 36.6% 38.8% 40.7% 39.2% 38.1%
           
Total expenses before credit losses, excl. Insurance -390,731 -309,254 -333,722 -338,912 -347,062 -328,633
Total operating Income excl. Insurance 810,891 840,525 862,326 879,910 884,434 873,182
Total operating Income excl. Insurance, excl. Nonrecurring costs 820,891 840,525 862,326 879,910 884,434 873,182
C/I before credit losses (excl. Insurance), % 48.2% 36.8% 38.7% 38.5% 39.5% 37.6%
C/I before credit losses, excl. Insurance, excl. nonrecurring costs % 40.3% 36.8% 38.7% 38.5% 39.2% 37.6%
           
Credit losses, net, excl. Insurance -195,116 -194,980 -201,293 -262,983 -209,955 -157,038
Credit losses, net, excl. Insurance, excl. Nonrecurring costs -195,116 -194,980 -201,293 -188,061 -174,955 -157,038
Credit losses yearly, net, excl Insurance -780,464 -779,920 -805,172 -1,051,932 -839,820 -628,152
Credit losses yearly, net, excl Insurance, excl. Nonrecurrin costs -780,464 -779,920 -805,172 -752,244 -699,820 -628,152
Credit loss ratio, excl. Insurance 2.5% 2.5% 2.6% 3.4% 2.7% 2.0%
Credit losses yearly, net, excl Insurance, excl. Nonrecurrin costs % 2.5% 2.5% 2.6% 2.4% 2.2% 2.0%
       
Nonrecurring costs      
Net income/expense from financial transactions -10,000    
General administrative expenses 1) -21,815    
Depreciation, amortisation and impairment of intangible and tangible fixed assets 1) -37,906    
Credit losses, net       -74,922 -35,000
Total nonrecurring costs -69,721     -74,922 -35,000
1) Income tax expense on nonrecurring costs 12,780     16,033 7,490
         
Operating profit/loss 267,957 380,301 369,205 269,284 364,411 415,550
Operating profit/loss excl. Nonrecurring costs 337,678 380,301 369,205 344,206 399,411 415,550
         
Net profit for the period 200,317 255,904 289,171 208,268 289,390 320,200
Net profit for the period excl. Nonrecurring costs 257,258 255,904 289,171 267,157 316,900 320,200
       
Opening balance Lending to the public, according to IAS 39      
Opening balance Lending to the public 31,187,965 30,853,301 31,147,648 31,344,787 31,125,342 30,322,736
Lending to the public, gross 33,839,801 34,380,846 33,924,536 34,207,703 34,223,426 33,995,878
Provision for expected credit losses -2,981,460 -3,192,881 -3,071,235 -3,060,055 -2,878,639 -2,870,536
Provision for expected credit losses excl. Nonrecurring costs -2,871,538 -3,082,959 -2,961,313 -2,950,133 -2,843,639 -2,870,536
Lending to the public 30,858,341 31,187,965 30,853,301 31,147,648 31,344,787 31,125,342
Average Lending to the public 31,023,153 31,020,633 31,000,475 31,246,218 31,235,065 30,724,039
Average lending to the public excl. Nonrecurring costs 31,133,075 31,130,555 31,110,396.5 31,318,678 31,252,564 30,724,039
           
NBI margin, % 10.5% 10.8% 11.1% 11.3% 11.3% 11.4%
NBI margin, excl. Nonrecurring costs, % 10.5% 10.8% 11.1% 11.2% 11.3% 11.4%
Risk adjusted NBI margin, % 7.9% 8.3% 8.5% 7.9% 8.6% 9.3%
Risk adjusted NBI margin, excl. Nonrecurring costs, % 8.0% 8.3% 8.5% 8.8% 9.1% 9.3%
NIM, % 8.7% 9.0% 9.4% 9.5% 9.4% 9.5%
           
Increase Lending to the public, since the beginning of the year -486,446 -156,822 -491,486 -197,139 3,388,211 3,168,766
Whereof exchange rate differences -1,156,305 -783,294 -767,423 -294,205 384,545 758,907
Increase Lending to the public, excl. Exchange rate diff. 669,859 626,472 275,937 97,066 3,003,666 2,409,859
             
SEK thousand Q4 2020 Q3 2020 Q2 2020 Q1 2020 Q4 2019 Q3 2019
Equity 7,978,332 7,777,797 7,530,017 7,243,663 7,141,246 6,937,960
Equity excl. Nonrecurring costs 8,121,671 7,864,196 7,616,416 7,330,062 7,168,756 6,937,960
Intangible fixed assets 1,895,394 1,932,242 1,956,081 1,958,993 2,063,405 2,079,577
Intangible fixed assets excl. Nonrecurring costs 1,933,300 1,932,242 1,956,081 1,958,993 2,063,405 2,079,577
Equity excl. Intangible fixed assets 6,082,938 5,845,555 5,573,936 5,284,670 5,077,841 4,858,383
Equity excl. intangible fixed assets and nonrecurring costs 6,188,371 5,931,954 5,660,335 5,371,069 5,105,351 4,858,383
         
Dividend (propsed and foreseeable) 896,000 796,672 668,720 615,000 420,000 547,500
Equity excl. Intangible fixed assets excl. Nonrecurring costs, given the Common Equity Tier 1 ratio according to the board's target and deducted dividend from the capital base, %* 4,091,023 4,073,246 4,018,538 4,002,945 3,838,016 3,676,583
Equity excl. intangible fixed assets excl. nonrecurring costs, given the Common Equity Tier 1 ratio according to the board's target and deducted dividend from the capital base, %* 4,186,939 4,159,645 4,104,937 4,059,899 3,851,771 3,676,583
           
           
Average Equity 7,878,065 7,653,907 7,386,840 7,192,454 7,039,603 6,782,639
Average Intangible fixed assets 1,913,818 1,944,162 1,957,537 2,011,199 2,071,491 2,084,759
Average Equity excl. Intangible fixed assets 5,964,247 5,709,746 5,429,303 5,181,256 4,968,112 4,697,880
Average equity excl. intangible fixed assets and nonrecurring costs and shareholder contribution 6,060,163 5,796,144 5,515,702 5,238,210 4,981,867 4,697,880
           
Total Tier 1 capital 4,656,772 4,503,182 4,398,053 4,201,637 4,222,959 4,159,680
Tier 2 capital 5,366,686 5,227,660 5,137,558 4,966,601 5,070,962 4,731,746
Total riskweighted exposure and total capital requirement 30,841,730 30,951,131 30,732,590 30,675,065 31,089,935 30,561,786
Common Equity Tier 1 ratio, % 15.1% 14.6% 14.3% 13.7% 13.6% 13.6%
Adjustment for the Common Equity Tier 1 ratio given the Board's target* 1,109,973 943,802 863,805 674,005 647,616 645,075
             
             
SEK thousand 31 Dec 2019-
31 Dec 2020
30 Sep 2019-
30 Sep 2020
30 Jun 2019-
30 Jun 2020
31 Mar 2019-
31 Mar 2020
31 Dec 2018-
31 Dec 2019
30 Sep 2018-
30 Sep 2019
             
Increase Lending to the public, year on year -486,446 62,623 -491,486 1,965,448 3,388,211 3,655,437
Exchange rate differences -1,156,305 -1,240,557 -767,423 -594,030 384,545 200,822
Increase Lending to the public, year on year, excl. Exchange rate differences 669,859 1,303,180 275,937 2,559,478 3,003,666 3,454,615
             
             
*During Q4 2018, the financial target for the Common Equity Tier reduced from above 12.5% to above 11.5%.