As at 31 March 2024
Based on Level 2 – Reporting Consolidated Group
Disclosure of Prudential Information: Risk Exposures and Assessment, March 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 |
5,379.5 123.7 22.1
1,084.8 174.9 0.7 119.4 |
| Total Credit Risk (excluding securitisation) | 6,905.1 |
|
Credit Risk (securitisation) Operational Risk |
57.7 673.8 |
| Total Risk Weighted Assets | 7,636.6 |
| Capital Base | $m |
|
Common Equity Tier 1 Capital before regulatory adjustments Regulatory adjustments Common Equity Tier 1 Capital Tier 2 Capital |
1,810.1 (105.4) 1,704.7 22.9 |
| Total Capital | 1,727.6 |
|
Capital Ratios: Common Equity Tier 1 Ratio Tier 1 Ratio Total Capital Ratio |
% 22.32 22.32 22.62 |
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 |
4,388.2 16,309.8 113.2 1,205.9 |
4,387.9 16,167.3 114.3 1,155.6 |
- 52.3 - - |
- 0.4 - - |
- (0.3) - - |
- - - - |
1.1 21.7 - - |
| 22,017.1 | 21,825.1 | 52.3 | 0.4 | (0.3) | - | 22.8 |
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 3,707.2 |
|
Off-balance Sheet - Lending Funding Facilities Swaps |
Notional Amount $m 881.9 2,044.5 |