Definitions

Here you find the different concepts presented in Resurs Holdings financial reports

Definition	Description
Available capital base 3)	The available capital base is the sum of Tier 1 capital and additional capital. The eligible capital base is the capital that is permitted to be included to cover the Solvency Capital Requirement.
Business volume	Customer-related deposits and lending.
Capital base 2)	The sum of Tier 1 capital and Tier 2 capital.
Common equity tier 1 capital 2)	Common Equity Tier 1 capital comprises share capital, paid-in capital, retained earnings and other reserves of the companies included in the consolidated situation.
Core tier 1 ratio, % 2)	Core Tier 1 capital in relation to risk-weighted amount as per the Swedish Financial Supervisory Authority’s directive.
Credit loss ratio, % 1)	Net credit losses in relation to the average balance of loans to the public.
Earnings per share, SEK 1)	Net income attributable to shareholders in relation to average number of shares.
Equity/Assets ratio, % 1)	Equity, including profit for the year and 78% of untaxed reserves, as a percentage of the balance sheet total.
Items affecting comparability 1)	Items deemed to be of a one-off nature, meaning individual transactions that are not a part of normal business activities. To facilitate the comparison of profit between periods, items are identified and recognised seperately since they are considered to reduce comparability.
Lending to the public, excl. exchange rate differences 1)	Total lending to the public in local currency, excl. exchange rate differences.
NBI Margin, % 1)	Operating income in relation to the average balance of loans to the public.
Net interest income/expense, excl. insurance 1)	Interest income less interest expenses.
Net interest margin, % 1)	Net interest income in relation to average balance sheet total.
NIM, % 1)	Interest income less interest expenses in relation to average balance of lending to the public.
Reserve ratio, % 1)	According to IFRS 9
	Reserve for expected credit losses per stage in relation to lending to the public, gross per stage.
Return on assets % 1)	Net income in relation to average balance sheet total.
Return on equity excl. intangible assets, (ROTE), % 1)	Profit for the period as a percentage of average equity less intangible assets.
Return on equity excl. intangible assests, (ROTE), excl. items affecting comparability, % 1)	Profit for the period as a percentage of average equity less intangible assets and items affecting comparability.
Return on equity excl. intangible assets, (ROTE), excl. items affecting comparability, given the common equity tier 1 ratio according to the board’s target and deducted dividend from capital base, % 1)	Profit for the period as a percentage of average equity less intangible assets and items affecting comparability, given the Common Equity Tier 1 ratio according to the Board’s target and decided dividend last year and deducted dividend current year.
Risk adjusted NBI-margin, % 1)	NBI-margin adjusted for credit loss ratio.
Tier 1 capital 2)	Tier 1 capital comprises Common Equity Tier 1 capital and other Tier 1 capital.
Tier 2 capital 2)	Tier 2 capital comprises dated or perpetual subordinated loans.
Total capital ratio, % 2)	Total capital in relation to risk-weighted amount as per the Swedish Financial Supervisory Authority´s directive.
1) Alternative performance measures are performance measures used by management and analysts to assess the Group’s performance and are not defined in International Financial Reporting Standards (IFRS) or in the capital adequacy rules. Management believes that the performance measures make it easier for investors to analyse the Group’s performance. Calculations and reconciliation against information in the financial statements of these performance measures are provided on the website under “Financial reports.”
2) Key ratios according to capital adequacy rules, referring to the consolidated situation comprises the Resurs Bank AB Group and its Parent Company Resurs Holding AB.