As at 31 December 2024
Based on Level 2 – Reporting Consolidated Group
Disclosure of Prudential Information: Risk Exposures and Assessment, December 2024
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 |
5,800.4 128.8 15.6
727.8 186.0 0.8 134.4 |
| Total Credit Risk (excluding securitisation) | 6,993.8 |
|
Credit Risk (securitisation) Operational Risk |
38.8 736.3 |
| Total Risk Weighted Assets | 7,768.9 |
| Capital Base | $m |
|
Common Equity Tier 1 Capital before regulatory adjustments Regulatory adjustments Common Equity Tier 1 Capital Tier 2 Capital |
1,888.5 (108.2) 1,780.3 25.5 |
| Total Capital | 1,805.8 |
|
Capital Ratios: Common Equity Tier 1 Ratio Tier 1 Ratio Total Capital Ratio |
% 22.91 22.91 23.24 |
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 |
4,446.8 17,618.7 129.4 1,319.7 |
4,328.6 17,456.6 128.2 1,296.3 |
- 69.9 - - |
- 0.4 - - |
- 0.2 - - |
- 0.1 - - |
0.8 24.6 - - |
| 23,514.6 | 23,209.7 | 69.9 | 0.4 | 0.2 | 0.1 | 25.4 |
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 3,134.4 |
|
Off-balance Sheet - Lending Funding Facilities Swaps |
Notional Amount $m 804.1 1,799.8 |