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FINANCIAL HIGHLIGHTS
Group Five-Year Financial Summary
Financial year ended 31 December
Income statements (S$ million)
Total income
Operating expenses
Operating profit
Amortisation of intangible assets
Allowances for loans and impairment of other assets
Profit before tax
Profit attributable to equity holders of the Bank
Cash basis profit attributable to equity holders of the Bank (1)
Balance sheets (S$ million)
Non-bank customer loans (net of allowances)
Non-bank customer deposits
Total assets
Assets, excluding life assurance fund investment assets
Total liabilities
Ordinary shareholders’ equity
Total equity attributable to the Bank’s shareholders
Per ordinary share
Basic earnings (cents) (2)
Cash earnings (cents) (1) (2)
Net interim and final dividend (cents) (3)
Net asset value (S$) (2)
Before valuation surplus
After valuation surplus
Ratios (%)
Return on ordinary shareholders’ equity
Return on assets (4)
Dividend cover (times)
Cost to income
Capital adequacy ratio (5)
Common Equity Tier 1
Tier 1
Total
(1)
(2)
2017 2016 2015 2014 2013
9,636
4,034
5,602
104
671
5,216
4,146
4,250 8,489
3,788
4,701
96
726
4,275
3,473
3,569 8,722
3,664
5,058
98
488
4,825
3,903
4,001 8,340
3,258
5,082
74
357
4,763
3,842
3,916 6,621
2,784
3,837
58
266
3,567
2,768
2,826
234,141
283,642
454,938
381,011
413,162
37,509
39,008 216,830
261,486
409,884
347,911
370,242
35,507
37,007 208,218
246,277
390,190
333,207
353,079
33,053
34,553 207,535
245,519
401,226
343,940
367,041
29,701
31,097 167,854
195,974
338,448
285,043
310,369
23,720
25,115
97.6
100.0
37.0 82.2
84.5
36.0 95.3
97.6
36.0 102.5
104.5
36.0 75.9
77.6
34.0
8.96
11.33 8.49
10.03 8.03
9.59 7.46
9.53 6.99
8.25
11.2
1.14
2.64
41.9 10.0
1.03
2.27
44.6 12.3
1.14
2.62
42.0 14.8
1.23
2.81
39.1 11.6
1.05
2.29
42.0
13.9
14.9
17.2 14.7
15.1
17.1 14.8
14.8
16.8 13.8
13.8
15.9 14.5
14.5
16.3
Excludes amortisation of intangible assets.
Per ordinary share data for financial years prior to 2014 were after adjustment following completion of the one for eight rights issue on
26 September 2014.
The Group’s dividends are on a tax exempt basis.
(4)
The computation of return on average assets does not include life assurance fund investment assets.
(5)
The Group’s capital adequacy ratios were computed based on Basel III transitional arrangements.
(3)
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OCBC ANNUAL REPORT 2017