SUNCORP GROUP LIMITED ABN 66 145 290 124
SUNCORP BANK APS 330
as at 30 June 2017
RELEASE DATE: 3 AUGUST 2017
SUNCORP BANK
APS 330
as at 30 June 2017
Basis of preparation
This document has been prepared by Suncorp Bank to meet the disclosure obligations under the Australian Prudential Regulation Authority (APRA) Australian Prudential Standard (APS) 330 Public Disclosure.
Suncorp Bank is represented by Suncorp-Metway Limited (SML) and its subsidiaries. SML is an authorised deposit-taking institution (ADI) and a wholly owned subsidiary of Suncorp Group Limited. Suncorp Group is represented by Suncorp Group Limited and its subsidiaries.
Other than statutory information required by a regulator (including APRA), all financial information is measured in accordance with Australian Accounting Standards. All figures have been quoted in Australian dollars and have been rounded to the nearest million.
This document has not been audited nor reviewed in accordance with Australian Auditing Standards. It should be read in conjunction with Suncorp Group's consolidated annual and interim financial reports which have been either audited or reviewed in accordance with Australian Auditing Standards.
Figures relate to the quarter ended 30 June 2017 (unless otherwise stated) and should be read in conjunction with other information concerning Suncorp Group filed with the Australian Securities Exchange (ASX).
Disclaimer
This report contains general information which is current as at 3 August 2017. It is information given in summary form and does not purport to be complete.
It is not a recommendation or advice in relation to the Suncorp Group and Suncorp Bank or any product or service offered by its entities. It is not intended to be relied upon as advice to investors or potential investors, and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice, when deciding if an investment is appropriate.
The information in this report is for general information only. To the extent that the information may constitute forward-looking statements, the information reflects Suncorp Group's intent, belief or current expectations with respect to our business and operations, market conditions, results of operations and financial condition, capital adequacy, specific provisions and risk management practices at the date of this report. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties, many of which are beyond Suncorp Group's control, which may cause actual results to differ materially from those expressed or implied.
Suncorp Group and Suncorp Bank undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date of this report (subject to ASX disclosure requirements).
Registered Office Investor Relations
Level 28, 266 George Street, Andrew Dempster
Brisbane Queensland 4000 Acting Head of Investor Relations
Telephone: (07) 3362 1222 Telephone: (02) 8121 9206
www.suncorpgroup.com.au Andrew.dempster@suncorp.com.au
2APS 330
as at 30 June 2017
Table of Contents
SUNCORP BANK
Basis of preparation 2 Regulatory capital reconciliation 4 Table 1: Capital disclosure template 6 Table 2: Main features of capital instruments 10 Table 3: Capital adequacy. 11 Table 4: Credit risk 12 Table 5: Securitisation exposures 17 Table 18: Remuneration disclosures 18 Table 20: Liquidity coverage ratio disclosure 19 Appendix - Definitions 21 3SUNCORP BANK
APS 330
as at 30 June 2017
Regulatory Capital Reconciliation
The following table discloses the consolidated balance sheet of SML and its subsidiaries (Suncorp Bank), as published in its audited financial statements, and the balance sheet under the Level 2 regulatory scope of consolidation pursuant to APS 111 Capital Adequacy: Measurement of Capital.
Each component of capital reported below in Table 1: Common Disclosures - Composition of Capital can be reconciled to the balance sheets below using the reference letters included in both tables.
Balance Sheet per published
reviewed Financial
Statements Adjustments
Balance Sheet under Regulatory
Scope of
Consolidation Reference
AssetsJUN-17 JUN-17 JUN-17
$M $M $M
Cash and cash equivalents 903 - 903
Receivables due from other banks 567 - 567
Trading securities 1,520 - 1,520
Derivatives 138 - 138
Investment securities 4,560 - 4,560
Investment in regulatory non-consolidated subsidiaries - 1 1 (j)
Loans, advances and other receivables 55,197 (2,925)52,272
of which: eligible collective provision component of GRCL in tier 2 capital - - (73) (o)
of which: loan and lease origination fees and commissions paid to mortgage
. originators and brokers in CET1 regulatory adjustments - - 207 (f)
of which: costs associated with debt raisings in CET1 regulatory adjustments - - 12 (g)
Due from related parties 316 - 316
Deferred tax assets 51 - 51
of which: arising from temporary differences included in CET1 regulatory
. adjustments - - 38 (e)
Other assets 148 (20)128
of which: loan and lease origination fees and commissions paid to mortgage
. originators and brokers in CET1 regulatory adjustments - - 1 (h)
Goodwill and intangible assets 21 - 21 (d) TOTAL ASSETS 63,421 (2,944) 60,477
LiabilitiesPayables due to other banks (50) - (50) Deposits and short-term borrowings (45,427) (14) (45,441)
Derivatives (354) - (354)
Securitisation derivatives in CET1 regulatory adjustments - - - (q)
Payables and other liabilities (357) 5 (352)
Due to related parties (63) - (63)
Due to regulatory non-consolidated subsidiaries - (41) (41)
Securitisation liabilities (3,088) 2,978 (110)
of which: securitisation start-up costs in CET1 regulatory adjustments - - 5 (i)
Debt issues (9,216) - (9,216)
Total liabilities excluding loan capital (58,555) 2,928 (55,627) Loan capitalSubordinated notes (742) - (742)
of which: directly issued qualifying tier 2 instruments - - (670) (m)
of which: directly issued instruments subject to phase out from tier 2 - - (72) (n) Total loan capital (742) - (742)
TOTAL LIABILITIES (59,297) 2,928 (56,369) NET ASSETS 4,124 (16) 4,108 EquityShare capital (2,648) - (2,648) (a)
Capital notes (825) - (825) (k)
Reserves 307 - 307
of which: equity component of GRCL in tier 2 capital - - (82) (p)
of which: AFS reserve - - (14) (c)
of which: cash flow hedge reserve - - 30 (r)
Retained profits (958) 16 (942)
of which: included in CET1 - - (570) (b) TOTAL EQUITY (4,124) 16 (4,108)
4Suncorp Group Ltd. published this content on 03 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 August 2017 23:23:08 UTC.
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