Ad hoc announcement Raiffeisen Bank International AG / Keyword(s): Half Year Results/Weiteres Schlagwort Raiffeisen Bank International AG: Semi-Annual Financial Report 2012 Ad hoc announcement transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------ - Net interest income down to EUR 1,716 mn (down 3.6% y-o-y) - Operating income decreased to EUR 2,613 mn (down 4.9% y-o-y) - General administrative expenses flat at EUR 1,518 mn (up 0.2% y-o-y) - Net provisioning for impairment losses slightly fell to EUR 400 mn (down 1.3% y-o-y) - One-off items of EUR 272 mn in Q1 - Profit before tax improved to EUR 927 mn (up 5.6% y-o-y) - Consolidated profit considerably increased to EUR 701 mn (up 13.9% y-o-y) - NPL ratio increased to 9.8% (up 1.1 PP compared to FY 2011) - Coverage ratio declined to 65.8% (down 2.6 PP compared to FY 2011) - Core Tier 1 ratio (total risk) significantly increased to 10.1% (up 1.0 PP compared to FY 2011) - Tier 1 ratio (total risk) increased to 10.6% (up 0.7 PP compared to FY 2011) Income Statement in EUR mn 1-6/2012 1-6/2011 4-6/2012 4-6/2011 Net interest income 1,716 1,781 841 897 Net provisioning for impairment losses (400) (405) (247) (197) Net interest income after provisioning 1,317 1,376 594 700 Net fee and commission income 721 737 375 380 Net trading income 212 256 130 133 General administrative expenses (1,518) (1,514) (764) (761) Profit before tax 927 879 243 473 Profit after tax 734 677 160 372 Consolidated profit 701 615 160 345 Balance Sheet in EUR mn 30/6/12 31/12/11 Equity 10,850 10,936 Total assets 152,717 146,985 Bank Specific Information 30/6/12 31/12/11 Core tier 1 ratio (total risk) 10.1% 9.0% Tier 1 ratio (credit risk) 12.9% 12.2% Tier 1 ratio (total risk) 10.6% 9.9% Own funds ratio 14.8% 13.5% Performance 1-6/2012 1-6/2011 Return on equity (ROE) before tax 17.3% 17.1% Consolidated return on equity 14.4% 13.3% Cost/income ratio 58.1% 55.1% Earnings per share in EUR 3.09 2.65 Resources 30/6/12 31/12/11 Number of staff 60,918 59,261 Business outlets 3,153 2,928 Figures include first time consolidation of Polbank (since 1 May). The outlook is summarized as follows: - With the inclusion of the acquisition of Polbank, we are aiming for a return on equity before tax of around 15 per cent in the medium term. - In 2012, we expect a stable business volume due to the economic environment and restrictive regulatory requirements. - Depending on market developments, a capital increase continues to be a possible option. - We expect a slight increase in the volume of non-performing loans in the second half of 2012 and the net provisioning ratio to remain stable or increase slightly. - Bank levies in Austria and CEE will presumably result in a negative earnings effect of some EUR 190 million in 2012. - We plan to raise around EUR 5.8 billion in long-term wholesale funding (maturity of more than one year) for the RBI Group in 2012. In the wholesale funding sensitive to capital markets we allow for EUR 3.2 billion, which was already placed by the end of July. - Without taking Polbank into account, we expect a flat cost development at Group level, whilst including Polbank we expect a slight cost increase. For further information please contact: Susanne Langer Head of Group Investor Relations Raiffeisen Bank International AG Am Stadtpark 9 1030 Vienna, Austria ir@rbinternational.com phone +43-1-71707-2089 www.rbinternational.com 29.08.2012 DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Raiffeisen Bank International AG Am Stadtpark 9 A-1030 Vienna Austria Phone: +43-1-71707-2089 Fax: +43-1-71707-2138 E-mail: ir@rbinternational.com Internet: www.rbinternational.com ISIN: AT0000606306 WKN: A0D9SU Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in Frankfurt; Wien (Amtlicher Handel / Official Market) End of Announcement DGAP News-Service ---------------------------------------------------------------------------