As at 31 December 2023
Based on Level 2 – Reporting Consolidated Group
Disclosure of Prudential Information: Risk Exposures and Assessment, December 2023
Capital Adequacy
| Risk Weighted Assets | $m |
|
Credit Risk (excluding securitisation) by portfolio Property exposures Residential property Land acquisition, development and construction Commercial property
Non-property exposures Bank Retail Corporate Other |
5,274.5 132.9 21.0
1,036.1 170.3 0.8 126.0 |
| Total Credit Risk (excluding securitisation) | 6,761.6 |
|
Credit Risk (securitisation) Operational Risk |
59.0 673.8 |
| Total Risk Weighted Assets | 7,494.4 |
| Capital Base | $m |
|
Common Equity Tier 1 Capital before regulatory adjustments Regulatory adjustments Common Equity Tier 1 Capital Tier 2 Capital |
1,786.3 (112.1) 1,674.2 23.5 |
| Total Capital | 1,697.7 |
|
Capital Ratios: Common Equity Tier 1 Ratio Tier 1 Ratio Total Capital Ratio |
% 22.34 22.34 22.65 |
Credit Risk (excluding Securitisation Exposures)
|
Type of Credit Exposure |
Gross Credit Risk Exposure $m |
Average Gross Exposure1 $m |
Non- Performing Facilities $m |
Specific Provisions $m |
Charges for specific provisions $m |
Write-offs $m |
Forward looking provisions against performing exposures2 $m |
|
Cash and investment securities Loans and advances Other on-balance sheet assets Off-balance sheet commitments |
4,138.3 15,952.1 117.7 1,167.8 |
4,086.2 15,881.6 118.2 1,143.9 |
- 43.8 - - |
- 0.7 - - |
- - - - |
- - - - |
1.1 22.3 - - |
| 21,375.9 | 21,229.9 | 43.8 | 0.7 | - | - | 23.4 |
1. Average exposure is calculated by using closing monthly balances during the quarter.
2. Represents provisions held against performing exposures that represent a purely forward-looking amount for future losses that are presently unidentified.
Securitisation Exposures
| Current period securitisation activity | Newcastle Greater Mutual Group Ltd Originated |
Non Newcastle Greater Mutual Group Ltd Originated |
||
|
(a) Investment securities Securities held in Residential Mortgage Backed Securities (RMBS) |
Balance $m
|
Gain/(Loss) on Sale $m - |
Balance $m
|
Gain/(Loss) on Sale $m - |
|
(b) Securitised Assets - Newcastle Greater Mutual Group Ltd Originated On-balance Sheet - Lending Housing Loans |
Balance $m 3,813.3 |
|
Off-balance Sheet - Lending Funding Facilities Swaps |
Notional Amount $m 896.7 2,067.7 |