Key figures

OmaSp´s key figures 2015–2019

The financial statements of OmaSp have been prepared in accordance with International Financial Reporting Standards. OmaSp has applied IFRS since 2016. 2015 financials were restated according to IFRS standards in 2016. Beginning from 1st of January 2018, OmaSp has reported according to the IFRS 9 standard. Before 2018 OmaSp had applied the IAS 39 standard for determining the value of financial assets and liabilities.

EUR thousand, unaudited unless otherwise stated

	1.1.-31.12.2019	1.1.-31.12.2018	1.1.-31.12. 2017	1.1.-31.12. 2016	1.1.-31.12. 2015
Net interest income	57 522	49 351	39,317⁽¹	36,547⁽¹	31,733
Profit before taxes	32 684	24 976	30,379⁽¹	20,611⁽¹	18,420
Total operating income	92 573	75 958	74,091⁽¹	60,339⁽¹	54,352
Total operating expenses	50 309	47 237	-41,112⁽¹	-35,531⁽¹	-32,338
Cost/income ratio	54,4 %	62,2 %	55.5 %	58.9 %	59.5 %
Balance sheet total	3 416 530	2 914 661	2,726,567⁽¹	2,150,768⁽¹	1,932,328
Equity, total	319 865	290 330	241,484⁽¹	221,071⁽¹	202,126
Return on assets, ROA %	0,9 %	0,7 %	1.0 %	0.8 %	0.8 %
Return on equity, ROE %	9,0 %	7,6 %	10.4 %	7.6 %	7.8 %
Equity ratio %	9,4 %	10,0 %	8.9 %	10.3 %	10.5 %
Sovency ratio, (TC) %	17,3 %	19,3 %	18.9 %⁽²⁽³	19.1 %⁽¹⁽²	20.2 %⁽¹⁽²
Core capital ratio, (CET1) %	16,8 %	18,4 %	17.6 %^{(2 (3}	18.6 %⁽¹⁽²	19.4 %⁽¹⁽²
Tier 1 capital ratio, (T1) %	16,8 %	18,4 %	17.6 %^{(2 (3}	18.6 %⁽¹⁽²	19.4 %⁽¹⁽²
Impairment losses on financial assets	- 9 567	- 3 746	-2,600(1	-4,197⁽¹	-3,594
Number of employees at the end of the accounting period	279	293	270	229	252
Average number of employees	300	288	256	246	–
Liquidity coverage ratio (LCR) %	140,1 %	134,8 %	280.3 %⁽²	111.3 %⁽²	–
Earnings per share (EPS), EUR	0,93	0,78	0,98	0.65	0,63

1) Audited 2) Parent company 3) The figures do not correspond to the figures presented in the financial statement of 2017, since the OmaSp has rectified the key figures for core capital and solvency. The shares subscribed for in the 2017 personnel offering are not included in the core capital.

Alternative key figures excluding items affecting comparability:

2019	2018	2017
Comparable pre-tax profit	28 045	26 210	19 599
Comparable cost-benefit ratio	56,7 %	61,1 %	64,9 %
Comparable earnings per share (EPS), EUR	0,76	0,82	0,63
Comparable return on equity, ROE %	7,4 %	8,0 %	6,7 %

Key figure	Description	Multiply
Operating income, total	Net interest income, net fee and commission income and expenses, net income on financial assets and liabilities, other operating income
Total operating expenses	Personnel expenses, other operating expenses, depreciation, amortisation and impairment losses on tangible and intangible assets
Cost/income ratio, %	Total operating expenses / Total operating income + share of profit from joint ventures and associated companies (net)	x100
Return on equity, ROE %	Profit/loss for the accounting period / Equity (average of the beginning and the end of the year)	x100
Total return on assets, ROA %	Profit/loss for the accounting period / Average balance sheet total (average of the beginning and the end of the year)	x100
Equity ratio, %	Equity total divided by Balance sheet total	x100
Total capital, (TC) %	Own funds total (TC) / Risk-weighted assets total (RWA)	x100
Common Equity Tier 1 (CET1)	Common Equity Tier 1 (CET1) / Risk-weighted assets total (RWA) x100	x100
Tier 1 equity ratio (T1), %	Tier 1 capital (T1) / Risk-weighted assets total (RWA) x100	x100
Liquidity coverage ratio (LCR)	Minimum liquidity buffer relative to net cash and collateral outflows in a 30-day stress scenario
Earnings per share (EPS), EUR	Profit/loss for the accounting period belonging to the parent company owners

Comparative cost/income ratio, %	Total operating expenses without items affecting comparability / Total operating income without items affecting comparability + share of profit from joint ventures and associated companies (net)	x100
Comparative profit before taxes	Profit/loss before taxes without items effecting comparability
Comparative return on equity (ROE), %	Comparative profit/loss for the accounting period / Equity (average of the beginning and the end of the year)	x100
Comparative earnings per share (EPS), EUR	Comparative profit/loss – Share of non-controlling interests / Average number of shares outstanding

Key figure

Description

Multiply

Operating income, total

Net interest income, net fee and commission income and expenses, net income on financial assets and liabilities, other operating income

Total operating expenses

Personnel expenses, other operating expenses, depreciation, amortisation and impairment losses on tangible and intangible assets

Cost/income ratio, %

Total operating expenses /
Total operating income + share of profit from joint ventures and associated companies (net)

x100

Return on equity, ROE %

Profit/loss for the accounting period /
Equity (average of the beginning and the end of the year)

x100

Total return on assets, ROA %

Profit/loss for the accounting period /
Average balance sheet total (average of the beginning and the end of the year)

x100

Equity ratio, %

Equity total divided by Balance sheet total

x100

Total capital, (TC) %

Own funds total (TC) /
Risk-weighted assets total (RWA)

x100

Common Equity Tier 1 (CET1)

Common Equity Tier 1 (CET1) /
Risk-weighted assets total (RWA) x100

x100

Tier 1 equity ratio (T1), %

Tier 1 capital (T1) /
Risk-weighted assets total (RWA) x100

x100

Liquidity coverage ratio (LCR)

Minimum liquidity buffer relative to net cash and collateral outflows in a 30-day stress scenario

Earnings per share (EPS), EUR

Profit/loss for the accounting period belonging to the parent company owners

Comparative cost/income ratio, %

Total operating expenses without items affecting comparability /
Total operating income without items affecting comparability + share of profit from joint ventures and associated companies (net)

x100

Comparative profit before taxes

Profit/loss before taxes without items effecting comparability

Comparative return on equity (ROE), %

Comparative profit/loss for the accounting period /
Equity (average of the beginning and the end of the year)

x100

Comparative earnings per share (EPS), EUR

Comparative profit/loss – Share of non-controlling interests /
Average number of shares outstanding

Key figures and
financial performance

OmaSp´s key figures 2015–2019

Alternative key figures excluding items affecting comparability:

A steady and growing dividend

Description of Key Figures

Key figures andfinancial performance

OmaSp´s key figures 2015–2019

Alternative key figures excluding items affecting comparability:

A steady and growing dividend

Description of Key Figures

Key figures and
financial performance