My first Publication ocbc_ar17_fullreport_english | Page 108

PILLAR 3 DISCLOSURES (OCBC Group – As at 31 December 2017) 5. LEVERAGE RATIO 5.1 LEVERAGE RATIO 31-Dec-17 Capital and Total exposures (S$’m) Tier 1 capital Total exposures Leverage Ratio (%) Leverage ratio 30-Sep-17 30-Jun-17 31-Mar-17 28,960 394,770 29,694 387,576 29,684 380,558 29,558 380,068 7.3 7.6 7.8 7.7 Leverage ratio was lower at 7.3% as at 31 December 2017, as compared to 7.6% in previous quarter. Tier 1 capital was lower after taking into account MAS Notice 637 amended definition of insurance subsidiary with effect from 31 December 2017. Total exposures rose mainly driven by growth in customer loans, and increase in placements with banks and central banks partly offset by the decrease in off-balance sheet items. 5.2 LEVERAGE RATIO SUMMARY COMPARISON TABLE Item 1 2 3 4 5 6 7 8 106 Amount (S$’m) Total consolidated assets as per published financial statements Adjustment for investments in entities that are consolidated for accounting purposes but are outside the regulatory scope of consolidation Adjustment for fiduciary assets recognised on the balance sheet in accordance with the Accounting Standards but excluded from the calculation of exposure measure Adjustment for derivative transactions Adjustment for SFTs Adjustment for off-balance sheet items Other adjustments Exposure measure OCBC ANNUAL REPORT 2017 454,938 (82,848) – 3,681 11 25,280 (6,292) 394,770