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IKB Deutsche Industriebank AG: Results for the 2015/16 financial year

DGAP-News: IKB Deutsche Industriebank AG / Key word(s): Final Results
IKB Deutsche Industriebank AG: Results for the 2015/16 financial year

10.06.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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IKB Deutsche Industriebank: Results for the 2015/16 financial year

- Consolidated net profit up to EUR 10 million

- Common equity tier 1 ratio (CET 1) increases to 11.6% (CET 1 ratio
fully loaded: 10.9%)

- High leverage ratio (8.2%)

- New business expands to EUR 3.7 billion

- Net risk provisioning declines to EUR 9 million

- Administrative expenses down by EUR 13 million

[Düsseldorf, 10 June 2016] IKB Deutsche Industriebank AG has generated a
consolidated net profit of EUR 10 million in the 2015/16 financial year (1
April 2015 to 31 March 2016). The common equity tier 1 ratio (CET 1) for
the Group was up on the previous year's figure of 10.9% at 11.6%; the
figure for the CET 1 ratio fully loaded was 10.9% as at 31 March 2016. The
leverage ratio was 8.2% and the liquidity coverage ratio was 283%.

The consolidated income statement for the 2015/16 financial year is as
follows:

Table: IKB consolidated income statement in accordance with the German
Commercial Code (HGB)

EUR million                        1 Apr. 2015        1 Apr. 2014  Change
                               to 31 Mar. 2016    to 31 Mar. 2015
Net interest and lease                     284                290      -6
income
Net fee and commission                      30                 42     -12
income
Net trading income                           6                  8      -2
Administrative expenses                   -299               -312      13
Personnel expenses                        -183               -183       0
Other administrative                      -116               -129      13
expenses
Net other income                             1                161    -160
Net risk provisioning                       -9                -65      56
Tax expenses                                -1               -120     119
Consolidated net income                     10                  5       5

Some totals may be subject to discrepancies due to rounding differences.

With demand for credit on the market still muted and selective lending by
IKB, the Group's new business volume increased by 16% year-on-year to EUR
3.7 billion in the 2015/16 financial year.

The Group's net interest and lease income was EUR 284 million in the
reporting period, slightly below the prior-year figure of EUR 290 million;
at 2% the decline was considerably less than the reduction in the lending