Fourth quarter 2013 Compared with third quarter 2013 · The result for the quarter for continuing operations amounted to SEK 3 660m (4 187) · Earnings per share for continuing operations amounted to SEK 3.34 (3.82) before dilution and SEK 3.31 (3.79) after dilution · The return on equity for continuing operations was 13.6 per cent (16.2) · The cost/income ratio was 0.46 (0.43) · Net interest income amounted to SEK 5 626m (5 641) · Profit before impairments decreased by 1 per cent to SEK 5 168m (5 230) · Swedbank reported net recoveries of SEK 32m (56) · The Common Equity Tier 1 ratio was 18.7 per cent according to Basel 2 (16.7 per cent on 31 December 2012). The Common Equity Tier 1 ratio according to Basel 3 was 18.3*** per cent (15.4 per cent on 31 December 2012) Full-year 2013 Compared with full-year 2012 · The result for the period for continuing operations amounted to SEK 15 241m (15 298) · Earnings per share for continuing operations amounted to SEK 13.89* (13.94) before dilution and SEK 13.78* (13.88) after dilution · The return on equity for continuing operations was 14.7 per cent (15.6) · The cost/income ratio was 0.45 (0.46) · Net interest income increased by 8 per cent to SEK 22 029m (20 361) · Profit before impairments increased by 3 per cent to SEK 20 290m (19 708) · Swedbank reported net credit impairments of SEK 60m (net recoveries of SEK 185m) · The proposed dividend per share is SEK 10.10 (9.90) * Without deducting the preference share dividend, earnings per share for full -year 2013 were SEK 12.22 (12.97) for continuing operations after dilution. The calculations are specified on page 50. ** Russia and Ukraine are reported as discontinued operations. *** According to Swedbank’s current calculation based on the new regulations.
Year-end report 2013
| Source: Swedbank AB
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