By Helgi Library - March 6, 2018
PPF Group's loans reached EUR 12,267 mil in the 2016, up from EUR 8,020 mil compared to the previous year. Historically...
By Helgi Library - March 6, 2018
PPF Group's loans reached EUR 12,267 mil in the 2016, up from EUR 8,020 mil compared to the previous year. Historically...
By Helgi Library - February 22, 2018
PPF Group's non-performing loans reached 10.9% of total loans at the end of 2016, down from 16.7% compared to the previous year. ...
| Profit Statement | 2014 | 2015 | 2016 | |
| Net Interest Income | EUR mil | 1,685 | 1,281 | 1,587 |
| Net Fee Income | EUR mil | 422 | 316 | 418 |
| Other Income | EUR mil | 1,913 | 1,913 | 1,458 |
| Total Revenues | EUR mil | 4,020 | 3,510 | 3,463 |
| Staff Cost | EUR mil | 730 | 683 | 764 |
| Operating Profit | EUR mil | 1,352 | 1,057 | 1,363 |
| Provisions | EUR mil | 1,186 | 867 | 930 |
| Net Profit | EUR mil | 356 | 315 | 1,031 |
| Balance Sheet | 2014 | 2015 | 2016 | |
| Interbank Loans | EUR mil | 695 | 549 | 840 |
| Customer Loans | EUR mil | 7,060 | 7,153 | 11,337 |
| Total Assets | EUR mil | 21,893 | 21,611 | 27,041 |
| Shareholders' Equity | EUR mil | 5,694 | 5,680 | 6,763 |
| Interbank Borrowing | EUR mil | 5,301 | 5,342 | 8,111 |
| Customer Deposits | EUR mil | 6,587 | 6,756 | 8,373 |
| Issued Debt Securities | EUR mil | 1,579 | 1,690 | 1,545 |
| Ratios | 2014 | 2015 | 2016 | |
| ROE | % | 6.37 | 5.54 | 16.6 |
| ROA | % | 1.66 | 1.45 | 4.24 |
| Costs (As % Of Assets) | % | 12.5 | 10.7 | 8.63 |
| Costs (As % Of Income) | % | 66.4 | 66.5 | 60.6 |
| Net Interest Margin | % | 7.87 | 5.89 | 6.52 |
| Loans (As % Of Deposits) | % | 107 | 106 | 135 |
| NPLs (As % Of Loans) | % | 20.2 | 16.7 | 10.9 |
| Provisions (As % Of NPLs) | % | 71.3 | 64.7 | 69.3 |
| Growth Rates | 2014 | 2015 | 2016 | |
| Total Revenue Growth | % | 16.4 | -12.7 | -1.34 |
| Operating Cost Growth | % | 49.5 | -12.6 | -9.99 |
| Operating Profit Growth | % | -19.0 | -21.8 | 28.9 |
| Net Profit Growth | % | -20.9 | -11.5 | 227 |
| Customer Loan Growth | % | -27.7 | 1.32 | 58.5 |
| Total Asset Growth | % | 4.74 | -1.29 | 25.1 |
| Customer Deposit Growth | % | -24.9 | 2.57 | 23.9 |
| Shareholders' Equity Growth | % | 3.72 | -0.246 | 19.1 |
Get all company financials in excel:
| summary | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | ||||||||||||
| Net Interest Income | EUR mil | 667 | 747 | 1,196 | 2,049 | 1,685 | ||||||
| Total Revenues | EUR mil | 1,389 | 1,735 | 2,595 | 3,454 | 4,020 | ||||||
| Operating Profit | EUR mil | 401 | 588 | 1,152 | 1,669 | 1,352 | ||||||
| Net Profit | EUR mil | 336 | 216 | 727 | 450 | 356 | ||||||
| balance sheet | ||||||||||||
| Interbank Loans | EUR mil | 1,015 | 1,231 | 907 | 1,203 | 695 | ||||||
| Customer Loans | EUR mil | 3,065 | 4,093 | 8,086 | 9,763 | 7,060 | ||||||
| Debt Securities | EUR mil | 1,097 | 1,358 | 2,797 | 1,998 | 4,015 | ||||||
| Total Assets | EUR mil | 12,383 | 14,357 | 21,538 | 20,903 | 21,893 | ||||||
| Shareholders' Equity | EUR mil | 4,454 | 4,492 | 5,746 | 5,490 | 5,694 | ||||||
| Interbank Borrowing | EUR mil | 3,169 | 3,698 | 4,231 | 2,365 | 5,301 | ||||||
| Customer Deposits | EUR mil | 2,063 | 3,420 | 7,991 | 8,776 | 6,587 | ||||||
| Issued Debt Securities | EUR mil | 1,526 | 1,554 | 1,907 | 2,146 | 1,579 | ||||||
| ratios | ||||||||||||
| ROE | % | 7.99 | 4.83 | 14.2 | 8.01 | 6.37 | ||||||
| ROA | % | 2.90 | 1.62 | 4.05 | 2.12 | 1.66 | ||||||
| Costs (As % Of Assets) | % | 8.52 | 8.58 | 8.04 | 8.41 | 12.5 | ||||||
| Costs (As % Of Income) | % | 71.1 | 66.1 | 55.6 | 51.7 | 66.4 | ||||||
| Net Interest Margin | % | 5.75 | 5.59 | 6.66 | 9.66 | 7.87 | ||||||
| Interest Income (As % Of Revenues) | % | 48.0 | 43.1 | 46.1 | 59.3 | 41.9 | ||||||
| Fee Income (As % Of Revenues) | % | 14.9 | 16.9 | 25.0 | 17.6 | 10.5 | ||||||
| Staff Cost (As % Of Total Cost) | % | 45.0 | 38.4 | 44.7 | 36.0 | 27.4 | ||||||
| Equity (As % Of Assets) | % | 36.0 | 31.3 | 26.7 | 26.3 | 26.0 | ||||||
| Loans (As % Of Deposits) | % | 149 | 120 | 101 | 111 | 107 | ||||||
| Loans (As % Assets) | % | 24.8 | 28.5 | 37.5 | 46.7 | 32.2 | ||||||
| NPLs (As % Of Loans) | % | 15.4 | 8.55 | 8.74 | 13.9 | 20.2 | ||||||
| Provisions (As % Of NPLs) | % | 92.5 | 109 | 101 | 87.8 | 71.3 | ||||||
| valuation | ||||||||||||
| Book Value Per Share Growth | % | ... | 7.58 | 12.0 | 60.1 | 71.3 | -17.8 |
| income statement | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | ||||||||||||
| Interest Income | EUR mil | 989 | 1,111 | 1,883 | 2,960 | 2,470 | ||||||
| Interest Cost | EUR mil | 322 | 364 | 687 | 911 | 785 | ||||||
| Net Interest Income | EUR mil | 667 | 747 | 1,196 | 2,049 | 1,685 | ||||||
| Net Fee Income | EUR mil | 207 | 293 | 649 | 608 | 422 | ||||||
| Other Income | EUR mil | 515 | 695 | 750 | 797 | 1,913 | ||||||
| Total Revenues | EUR mil | 1,389 | 1,735 | 2,595 | 3,454 | 4,020 | ||||||
| Staff Cost | EUR mil | 445 | 441 | 645 | 643 | 730 | ||||||
| Depreciation | EUR mil | 67.0 | 65.0 | 91.0 | 125 | 501 | ||||||
| Other Cost | EUR mil | 476 | 641 | 707 | 1,017 | 1,437 | ||||||
| Operating Cost | EUR mil | 988 | 1,147 | 1,443 | 1,785 | 2,668 | ||||||
| Operating Profit | EUR mil | 401 | 588 | 1,152 | 1,669 | 1,352 | ||||||
| Provisions | EUR mil | 482 | 445 | 796 | 1,359 | 1,186 | ||||||
| Extra and Other Cost | EUR mil | -352 | -280 | -499 | -228 | -384 | ||||||
| Pre-Tax Profit | EUR mil | 458 | 363 | 976 | 591 | 455 | ||||||
| Tax | EUR mil | 121 | 133 | 167 | 121 | 83.0 | ||||||
| Minorities | EUR mil | 9.00 | 5.00 | 82.0 | 20.0 | 16.0 | ||||||
| Net Profit | EUR mil | 336 | 216 | 727 | 450 | 356 | ||||||
| growth rates | ||||||||||||
| Net Interest Income Growth | % | ... | 7.58 | 12.0 | 60.1 | 71.3 | -17.8 | |||||
| Net Fee Income Growth | % | ... | 31.0 | 41.5 | 122 | -6.32 | -30.6 | |||||
| Total Revenue Growth | % | ... | 45.3 | 24.9 | 49.6 | 33.1 | 16.4 | |||||
| Operating Cost Growth | % | ... | 63.3 | 16.1 | 25.8 | 23.7 | 49.5 | |||||
| Operating Profit Growth | % | ... | 14.2 | 46.6 | 95.9 | 44.9 | -19.0 | |||||
| Pre-Tax Profit Growth | % | ... | 39.2 | -20.7 | 169 | -39.4 | -23.0 | |||||
| Net Profit Growth | % | ... | 16.3 | -35.7 | 237 | -38.1 | -20.9 |
| balance sheet | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| balance sheet | ||||||||||||
| Cash | EUR mil | 345 | 721 | 1,873 | 1,875 | 2,148 | ||||||
| Interbank Loans | EUR mil | 1,015 | 1,231 | 907 | 1,203 | 695 | ||||||
| Customer Loans | EUR mil | 3,065 | 4,093 | 8,086 | 9,763 | 7,060 | ||||||
| Mortgage Loans | EUR mil | ... | 164 | 111 | 95.0 | 89.0 | 73.0 | |||||
| Consumer Loans | EUR mil | ... | 2,491 | 3,529 | 7,181 | 8,268 | 5,948 | |||||
| Corporate Loans | EUR mil | ... | 410 | 453 | 810 | 1,406 | 1,044 | |||||
| Debt Securities | EUR mil | 1,097 | 1,358 | 2,797 | 1,998 | 4,015 | ||||||
| Fixed Assets | EUR mil | 839 | 849 | 1,232 | 1,195 | 4,657 | ||||||
| Total Assets | EUR mil | 12,383 | 14,357 | 21,538 | 20,903 | 21,893 | ||||||
| Shareholders' Equity | EUR mil | 4,454 | 4,492 | 5,746 | 5,490 | 5,694 | ||||||
| Of Which Minority Interest | EUR mil | 30.0 | 224 | 419 | 428 | 815 | ||||||
| Liabilities | EUR mil | 7,929 | 9,865 | 15,792 | 15,413 | 16,199 | ||||||
| Interbank Borrowing | EUR mil | 3,169 | 3,698 | 4,231 | 2,365 | 5,301 | ||||||
| Customer Deposits | EUR mil | 2,063 | 3,420 | 7,991 | 8,776 | 6,587 | ||||||
| Issued Debt Securities | EUR mil | 1,526 | 1,554 | 1,907 | 2,146 | 1,579 | ||||||
| Other Liabilities | EUR mil | 1,171 | 1,193 | 1,663 | 2,126 | 2,732 | ||||||
| asset quality | ||||||||||||
| Non-Performing Loans | EUR mil | 521 | 409 | 788 | 1,548 | 1,663 | ||||||
| Gross Loans | EUR mil | 3,390 | 4,784 | 9,020 | 11,122 | 8,246 | ||||||
| Provisions | EUR mil | 482 | 445 | 796 | 1,359 | 1,186 | ||||||
| growth rates | ||||||||||||
| Customer Loan Growth | % | ... | 35.6 | 33.5 | 97.6 | 20.7 | -27.7 | |||||
| Retail Loan Growth | % | ... | ... | 28.9 | 37.1 | 99.9 | 14.9 | -28.0 | ||||
| Mortgage Loan Growth | % | ... | ... | -16.3 | -32.3 | -14.4 | -6.32 | -18.0 | ||||
| Consumer Loan Growth | % | ... | ... | 33.6 | 41.7 | 103 | 15.1 | -28.1 | ||||
| Corporate Loan Growth | % | ... | ... | 104 | 10.5 | 78.8 | 73.6 | -25.7 | ||||
| Total Asset Growth | % | ... | 14.6 | 15.9 | 50.0 | -2.95 | 4.74 | |||||
| Shareholders' Equity Growth | % | ... | 12.6 | 0.853 | 27.9 | -4.46 | 3.72 | |||||
| Customer Deposit Growth | % | ... | 32.3 | 65.8 | 134 | 9.82 | -24.9 |
| ratios | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| ratios | ||||||||||||
| ROE | % | 7.99 | 4.83 | 14.2 | 8.01 | 6.37 | ||||||
| ROA | % | 2.90 | 1.62 | 4.05 | 2.12 | 1.66 | ||||||
| Costs (As % Of Assets) | % | 8.52 | 8.58 | 8.04 | 8.41 | 12.5 | ||||||
| Costs (As % Of Income) | % | 71.1 | 66.1 | 55.6 | 51.7 | 66.4 | ||||||
| Net Interest Margin | % | 5.75 | 5.59 | 6.66 | 9.66 | 7.87 | ||||||
| Interest Spread | % | ... | 4.17 | 4.22 | 5.14 | 8.11 | 6.58 | |||||
| Asset Yield | % | 8.53 | 8.31 | 10.5 | 13.9 | 11.5 | ||||||
| Cost Of Liabilities | % | ... | 4.36 | 4.09 | 5.36 | 5.84 | 4.97 | |||||
| Interest Income (As % Of Revenues) | % | 48.0 | 43.1 | 46.1 | 59.3 | 41.9 | ||||||
| Fee Income (As % Of Revenues) | % | 14.9 | 16.9 | 25.0 | 17.6 | 10.5 | ||||||
| Other Income (As % Of Revenues) | % | 37.1 | 40.1 | 28.9 | 23.1 | 47.6 | ||||||
| Staff Cost (As % Of Total Cost) | % | 45.0 | 38.4 | 44.7 | 36.0 | 27.4 | ||||||
| Equity (As % Of Assets) | % | 36.0 | 31.3 | 26.7 | 26.3 | 26.0 | ||||||
| Loans (As % Of Deposits) | % | 149 | 120 | 101 | 111 | 107 | ||||||
| Loans (As % Assets) | % | 24.8 | 28.5 | 37.5 | 46.7 | 32.2 | ||||||
| NPLs (As % Of Loans) | % | 15.4 | 8.55 | 8.74 | 13.9 | 20.2 | ||||||
| Provisions (As % Of NPLs) | % | 92.5 | 109 | 101 | 87.8 | 71.3 | ||||||
| Provisions (As % Of Loans) | % | 15.7 | 10.9 | 9.84 | 13.9 | 16.8 | ||||||
| Cost of Provisions (As % Of Loans) | % | 11.1 | 14.1 | 11.1 | 14.6 | 15.2 |
| other data | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| other data | ||||||||||||
| Earnings From Generali PPF Holding | EUR mil | ... | ... | 114 | 136 | 81.0 | 66.0 | ... | ... | ... | ||
| Earnings From Nomos-Bank | EUR mil | ... | ... | 55.0 | 44.0 | -73.0 | 233 | 76.0 | ... | ... | ||
| Earnings From Polymetal | EUR mil | ... | ... | 42.0 | 38.0 | 92.0 | -26.0 | -28.0 | ... | ... | ||
| Earnings From EP Holding | EUR mil | ... | ... | 140 | 29.0 | 153 | ... | ... | ... | ... | ||
| Earnings From PSJ | EUR mil | ... | ... | 1.00 | 2.00 | 1.00 | ... | ... | ... | ... | ||
| Earnings From Real Estate Projects | EUR mil | ... | ... | 0 | 6.00 | 13.0 | ... | ... | ... | ... | ||
| Earnings From Sazka | EUR mil | ... | ... | 0 | -5.00 | 7.00 | ... | ... | ... | ... | ||
| Equity of Home Credit | EUR mil | ... | 1,077 | 1,010 | 1,573 | 1,603 | 1,231 | ... | ||||
| Equity of Real Estate Segment | EUR mil | ... | 265 | 321 | 370 | 474 | 361 | ... | ||||
| Equity of Retail Segment | EUR mil | ... | 899 | 141 | 196 | 59.0 | 1.00 | ... | ||||
| Equity of Insurance Segment | EUR mil | ... | 2,683 | 2,566 | 2,751 | 59.0 | 1,166 | ... | ||||
| Equity of Other Banking Segment | EUR mil | ... | 717 | 794 | 339 | 330 | 368 | ... | ||||
| Equity of Agriculture Segment | EUR mil | ... | 0 | 6.00 | 6.00 | ... | ... | ... | ... | |||
| Loans in Russia | EUR mil | ... | 2,667 | 4,045 | 8,458 | 8,107 | 4,706 | ... | ... | |||
| Loans in the Czech Republic | EUR mil | ... | 2,064 | 2,488 | 3,259 | 3,714 | 4,032 | ... | ... | |||
| Loans in Slovakia | EUR mil | ... | 384 | 389 | 502 | 504 | 472 | ... | ... | |||
| Loans in Cyprus | EUR mil | ... | 296 | 336 | 219 | 298 | 311 | ... | ... | |||
| Loans in Other EU Countries | EUR mil | ... | 129 | 299 | 570 | 457 | 611 | ... | ... | |||
| Loans in China | EUR mil | ... | 124 | 306 | 381 | 702 | 1,081 | ... | ... | |||
| Loans in Vietnam | EUR mil | ... | 0 | 129 | 200 | 234 | 242 | ... | ... | |||
| Loans in Netherlands | EUR mil | ... | 98.0 | 120 | 153 | 29.0 | 120 | ... | ... | |||
| Loans in Other Countries | EUR mil | ... | 728 | 588 | 994 | 339 | 739 | ... | ... |
Get all company financials in excel:
By Helgi Library - February 22, 2018
PPF Group's non-performing loans reached 10.9% of total loans at the end of 2016, down from 16.7% compared to the previous year. Historically, the NPL ratio hit an all time high of 20.2% in 2014 and an all time low of 8.55% in 2011. Provision coverage amoun...
By Helgi Library - February 22, 2018
PPF Group made a net profit of EUR 1,031 mil in 2016, up 227% compared to the previous year. This implies a return on equity of 16.6%. Historically, the bank’s net profit reached an all time high of EUR 2,489 mil in 2008 and an all time low of EUR 216 mil i...
By Helgi Library - February 22, 2018
PPF Group made a net profit of EUR 1,031 mil in 2016, up 227% compared to the previous year. This implies a return on equity of 16.6%. Historically, the bank’s net profit reached an all time high of EUR 2,489 mil in 2008 and an all time low of EUR 216 mil i...
By Helgi Library - February 23, 2018
PPF Group's net interest margin amounted to 6.52% in 2016, up from 5.89% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 9.66% in 2013 and an all time low of 5.59% in 2011. The average margin in th...
By Helgi Library - February 23, 2018
PPF Group's net interest margin amounted to 6.52% in 2016, up from 5.89% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 9.66% in 2013 and an all time low of 5.59% in 2011. The average margin in th...
By Helgi Library - March 7, 2018
PPF Group generated total banking revenues of EUR 3,463 mil in 2016, down 1.34% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of EUR 4,020 mil in 2014 and an a...
By Helgi Library - March 7, 2018
PPF Group generated total banking revenues of EUR 3,463 mil in 2016, down 1.34% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of EUR 4,020 mil in 2014 and an a...
PPF Group is a privately held financial financial group. It develops its activities mainly in the Czech Republic, Slovakia, Russia, Ukraine, Kazakhstan, Vietnam and China. The Company invests into multiple market sectors such as banking, financial services, insurance, real estate, energy, metal mining, agriculture, retail and biotechnology. History of PPF dates back to the early 1990s, when investment funds were set up to invest into state-owned companies as part of the voucher privatization. Petr Kellner's PPF (then called První privatizační fond, or the First Privatisation Fund) has built a 25% stake in Česká Pojišťovna, the largest insurance company in the country, which paved the way for other ventures in the years to come. At the end of 2012, PPF Group had assets worth of EUR 21.5 bil and Petr Kellner held 94% in the Company
PPF Group has been growing its revenues and asset by 19.8% and 12.7% a year on average in the last 10 years. Its loans and deposits have grown by 21.5% and 28.7% a year during that time and loans to deposits ratio reached 135% at the end of 2016. The company achieved an average return on equity of 18.6% in the last decade with net profit growing 10.3% a year on average. In terms of operating efficiency, its cost to income ratio reached 60.6% in 2016, compared to 63.8% average in the last decade.
Equity represented 25.0% of total assets or 59.7% of loans at the end of 2016. PPF Group's non-performing loans were 10.9% of total loans while provisions covered some 69.3% of NPLs at the end of 2016.
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