Page 126 - ACCESS ANNUAL REPORT 2019

NOTES (continued)
A a o nts are in tho sands o hana edis n ess otherwise stated Financia ris anage ent contin ed
apita anage ent contin ed
Reg ator capita contin ed
At Dece ber he ro p The Bank
2019
2018
2019
2018
ier capita
rdinary issued share isc osed reserves
, ,
400,000 115,581
, ,
400,000 114,560
ua ifying reserves ess ntangi e assets
, ,
515,581 (42,115)
, ,
514,560 (33,995)
ota ua ifying tier 1 capita
ier capita
,
473,466
,
480,565
ota regu atory capita
,
473,466
,
480,565
d usted risk weighted assets
isk weighted contingent ia i ities
isk ad usted net open position
100 of year average annua gross income
, , , , ,
1,286,308 576,023 1,232 458,358
, , , , ,
1,290,134 606,657 409 458,344
isk weighted assets
, ,
2,321,921
, ,
2,355,544
ota regu atory capita e pressed as
a percentage of tota risk weighted assets is
21.78%
20.39%
21.75%
20.40%
apita a ocation
he allocation o capital etween specific operations and activities is, to a lar e extent, driven y optimisation o the return achieved on the capital allocated. he amount o capital allocated to each operation or activity is ased primarily upon the re ulatory capital, ut in some cases the re ulatory re uirements do not re ect ully the varyin de ree o ris associated with different activities. In such cases the capital re uirements may e exed to re ect differin ris profiles, su ect to the overall level o capital to support a particular operation or activity not allin elow the minimum re uired or re ulatory purposes. he process o allocatin capital to specific operations and activities is underta en independently o those responsi le or the operation, y the Ban ’s Ris ana ement and Credit Administration nits, and is su ect to review y the Ban ’s Credit Committee or A CO as appropriate.
Althou h maximisation o the return on ris ad usted capital is the principal asis used in determinin how capital is allocated within the Ban to particular operations or activities, it is not the sole asis used or decision ma in . Account also is ta en o syner ies with other operations and activities, the availa ility o mana ement and other resources, and the fit o the activity with the Ban ’s lon er term strate ic o ectives.
he Ban ’s policies in respect o capital mana ement and allocation are reviewed re ularly y the Board o Directors.
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