Raiffeisen International Bank-Holding AG / Half Year Results
07.08.2008
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Consolidated profit of EUR 566 mn up by 41% year-on-year
Highest contribution to profit before tax from CIS of 36%
ROE before tax of 25.5% compared to 26.6% in the first half 2007
Balance sheet total of EUR 81 bn, 29% year-on-year growth
Loans to customers of EUR 57 bn, 35% year-on-year growth
Cost/income ratio improves to 54.8% from 57.3% in the first half 2007
Number of branches increases to 3,077, number of customers 14.4 mn <pre>
1-6/ 1-6/ 4-6/ 4-6/
Income Statement in EUR mn 2008 2007 2008 2007
Net interest income 1,497.6 1,078.8 786.5 573.8
Provisioning for impairment losses (201.4) (153.3) (108.3) (77.4)
Net interest income after
provisioning 1,296.2 925.5 678.1 496.4
Net commission income 702.9 572.2 372.0 297.2
Trading profit 92.2 79.3 54.6 43.7
General administrative expenses (1,249.9) (1,002.7) (665.5) (526.2)
Profit before tax 842.7 606.6 473.1 314.1
Profit after tax 646.4 477.0 367.1 246.3
Consolidated profit
(after minorities) 565.7 401.4 311.3 208.8
Balance Sheet in EUR mn 30/6/08 31/12/07
Equity (incl. minorities and
profit) 7,246 6,622
Balance sheet total 80,699 72,743
Bank Specific Information* 30/6/08 31/12/07
Core capital ratio (Tier 1),
credit risk 9.6% 11.4%
Core capital ratio (Tier 1),
total risk (incl. market and
operational risk) 8.2% 10.5%
Own funds ratio 10.3% 12.4%
1-6/ 1-6/
Performance 2008 2007
Return on equity (ROE) before tax 25.5% 26.6%
Consolidated return on equity 19.6% 20.3%
Cost/income ratio 54.8% 57.3%
Risk/earnings ratio 13.4% 14.2%
Earnings per share in EUR 3.68 2.82
Resources 30/6/08 31/12/07
Number of staff 61,844 58,365
Business outlets 3,077 3,015 </pre>
* Ratios for 2007 based on Basel I. Ratios for 2008 based on Basel II.
The outlook for 2008 remains unchanged. Our goal for consolidated profit
is about EUR 1 billion.
For further information please contact:
Susanne Langer
Vice President Investor Relations
Raiffeisen International Bank-Holding AG
Am Stadtpark 9
A-1030 Vienna
investor.relations@ri.co.at
phone +43-1-71707-2089
http://www.ri.co.at
DGAP 07.08.2008
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Language: English
Issuer: Raiffeisen International Bank-Holding AG
Am Stadtpark 9
A-1030 Vienna
Österreich
Phone: +43-1-71707-2089
Fax: +43-1-71707-2138
E-mail: investor.relations@ri.co.at
Internet:
ISIN: AT0000606306
WKN: A0D9SU
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) Wien
End of News DGAP News-Service
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DGAP-Adhoc: Raiffeisen International Bank-Holding AG: Semi-Annual Report 2008
| Source: EQS Group AG