Danske Bank A/S · OMXCOP:DANSKE
Danske Bank A/S — Investor Presentation (2005)
12 slides from Danske Bank A/S's investor presentation, 2005
Slide 1: Customer satisfaction
Customer satisfaction Satisfaction Loyalty Satisfaction Loyalty
Slide 2: Income statement 2003-2004 (DKr m)
(DKr m) 2003 2004 Index Core income 26,949 27,257 101 Expenses 14,820 14,593 98 Core earnings before prov. 12,129 12,664 104 Provisions for bad debts 1,662 -18 - Core earnings 10,467 12,682 121 Earnings from inv. portfolios 2,569 1,883 73 Profit before tax 13,036 14,565 112 Tax 3,750 4,007 107 Net p
Slide 3: End-period balance sheet items (DKr bn)
End-period (DKr bn) 2003 2004 Index - Corporate loans 267 285 107 - Retail loans 130 173 133 Bank loans ex repos 397 458 115 Repo loans 126 145 115 Mortgage loans 498 517 104 Bonds and shares 494 516 104 Deposits ex repos 435 468 108 Shareholders' equity 60 61 101 Total assets 1.826 2.078 114 Risk-w
Slide 4: Danske Bank and BG Bank
Danske Bank BG Bank Core earnings up by 22% Core earnings up by 25% Lower provisions Lower provisions High growth in lending High growth in lending
Slide 5: Norway and Sweden
Norway Sweden Core earnings up by 46% Core earnings up by 42% Lower provisions Lower provisions Fall in costs Increasing market shares Increasing market shares Bank of the Year in Sweden
Slide 6: Other Banking Activities and Realkredit Danmark
Other Banking Realkredit Danmark Activities Core earnings up by 12% Core earnings up by 8% Reduction of activities in FlexGaranti for DKr12bn London and NY Expences declined by 13%
Slide 7: Danske Markets and Danske Capital
Danske Markets Danske Capital Core earnings declined Core earnings up by 29% by 16% Increase in assets under management Assets under management of DKr577bn
Slide 8: Danica Pension
Danica Pension Core earnings up by 18% Return on investments of customer funds of 10,3% Growth in sales of unit-linked policies Acquisition in Norway
Slide 9: Danske Bank shares
Danske Bank shares 180 160 140 120 100
Slide 10: Outlook for 2005
Outlook for 2005 Increase in interest and fee income Decline in trading income Fall in insurance earnings Continued tight cost containment Continued low provisions for bad and doubtful debts Pre-tax profit at a level similar to that of 2004
Slide 11: Profit Allokation
Profit Allokation Amount allocated for 2004 DKr10,558m Dividend of DKr7.85 per share Dkr5,277m Transfers to equity and equity method reserve DKr5,281m Shareholders equity at year-end 2004 DKr60,806m
Slide 12: Slide 12