List of tables | Financial Stability Review – March 2012

Financial Stability Review – March 2012 List of tables

Table 1.1: EU Banks' Capital Requirements
By country, as at September 2011
	Aggregate core Tier 1 capital	Capital shortfall^(a)		Of which: sovereign buffer
	Per cent of risk-weighted assets	€ billion	Per cent of risk-weighted assets	€ billion
Austria	7.5	3.9	1.5	0.1
Belgium	8.8	6.3	2.7	4.8
Cyprus	7.0	3.5	6.5	2.5
Denmark	13.7	0.0	0.0	0.0
Germany	9.0	13.1	1.0	7.6
Finland	11.1	0.0	0.0	0.0
France	8.9	7.3	0.4	3.5
Hungary	12.5	0.0	0.0	0.0
Ireland	17.5	0.0	0.0	0.8
Italy	8.5	15.4	1.4	9.7
Luxembourg	13.8	0.0	0.0	0.0
Malta	10.5	0.0	0.0	0.0
Netherlands	10.5	0.2	0.0	0.2
Norway^(b)	7.8	1.5	1.2	0.0
Poland	11.2	0.0	0.0	0.0
Portugal	7.6	6.9	3.0	3.7
Slovenia	7.5	0.3	1.7	0.0
Spain	7.5	26.2	1.9	6.6
Sweden	12.4	0.0	0.0	0.0
United Kingdom	10.1	0.0	0.0	0.0
Total	9.4	84.7	0.8	39.4
Memo item:
Greece^(c)	na	~50.0	na	na
(a) Capital required to meet a 9 per cent core Tier 1 capital ratio, as well as a buffer for valuation losses on EU sovereign exposures at end September 2011; these requirements must be met by June 2012; the sovereign buffer does not contribute to the capital shortfall if banks have capital above the 9 per cent core Tier 1 capital ratio, after accounting for losses on sovereign exposures (e.g. the Irish banking system) (b) Norway is not part of the EU, but one Norwegian bank participated because it has significant exposures in some EU countries (c) Based on IMF estimates of Greek banks' recapitalisation needs as at March 2012 Sources: EBA; IMF

Table 2.1: Major Banks' Latest Half-yearly Profit Results^(a)
Consolidated global operations
Income
	2010	2011	Change
	$ billion	$ billion	$ billion
Net interest income	23.8	25.3	1.5
Non-interest income	11.0	10.6	−0.4
Expenses
Operating expenses	16.7	16.8	0.2
Bad and doubtful debts	3.1	2.5	−0.6
Profit
Net profit before tax	15.0	16.6	1.6
Net profit after tax and minority interests	11.2	12.1	0.9
1. Half year to September for ANZ, NAB and Westpac; half year to December for CBA Sources: RBA; banks' annual and interim reports

Table 2.2: Australian-owned Banks' Claims on the Euro Area
Ultimate risk basis, as at September 2011
	Total		of which:
			Banks	Public sector	Private sector
	$ billion	Per cent of assets	Per cent of assets	Per cent of assets	Per cent of assets
Euro area	55.4	1.8	1.0	0.2	0.6
of which:
Greece, Ireland, Italy, Portugal and Spain	5.2	0.2	0.0	0.0	0.1
France, Germany and the Netherlands	44.8	1.5	0.9	0.1	0.5
Source: APRA

Table 2.3: Assets of Domestic Funds Management Institutions^(a)
December 2011
			Six-month-ended annualised change
	Level	Share of total	Jun 11	Dec 11
	$ billion	Per cent	Per cent	Per cent
Superannuation funds	1,258	70	6.6	−4.9
Life insurers^(a)	228	13	2.9	−6.0
Public unit trusts	263	15	−6.1	−13.4
Other managed funds^(b)	38	2	−12.4	−0.4
Total (unconsolidated)	1,786	100	3.6	−6.3
of which:
Cross investments	376	–	1.5	−10.4
Total (consolidated)	1,411	–	4.2	−5.1
(a) Includes superannuation assets held in statutory funds (b) Cash management trusts, common funds and friendly societies Sources: ABS; RBA

Table B1: Annual Changes in Mortgage Debt^(a)
Owner-occupier households with mortgage debt
Income bracket, per cent of each income bracket

		Paid down more than $25,000				Took out more than $25,000
	Share of indebted households^(b)	2002–07 average	2008	2009	2010	2002–07 average	2008	2009	2010
0≥20%	10	11	8	11	19	9	21	14	12
20≥40%	22	11	16	14	16	12	11	8	12
40≥60%	38	12	12	15	16	16	16	17	19
60≥80%	55	13	14	21	22	20	21	17	19
80≥100%	60	21	24	30	30	23	24	20	16
Age of household head, per cent of each age bracket
15–34	36	13	16	20	20	15	13	13	14
35–54	53	14	14	19	24	25	22	20	21
Over 55	24	22	15	26	33	33	40	36	24
State, per cent of each state
NSW	35	19	21	24	29	22	20	18	15
Vic	37	14	13	23	19	17	17	17	20
Qld	38	12	13	16	22	16	20	19	14
SA	36	11	11	11	13	16	13	12	17
WA	39	14	18	25	23	21	24	15	21
Total, per cent of total
	37	15	16	21	22	19	19	17	17
(a) Excludes increases in loans from zero (b) Per cent of owner-occupier households with mortgage debt Source: HILDA Release 10.0