GENPRU 2 Annex 2 Capital resources table for a bank

Core tier one capital

(A)

Permanent share capital

GENPRU 2.2.83 R

Profit and loss account and other reserves (taking into account interim net losses)

GENPRU 2.2.85 R to 2.2.90

Eligible partnership capital

GENPRU 2.2.93 R; GENPRU 2.2.95 R

Eligible LLP members' capital

GENPRU 2.2.94 R; GENPRU 2.2.95 R

Share premium account

GENPRU 2.2.101 R

Externally verified interim net profits

GENPRU 2.2.102 R

Perpetual non-cumulative preference shares

(B)

Perpetual non-cumulative preference shares

GENPRU 2.2.109 R

Innovative tier one capital

(C)

Innovative tier one instruments

GENPRU 2.2.113 R to GENPRU 2.2.137 R

Total tier one capital before deductions = A+B+C

(D)

Deductions from tier one capital

(E)

Investments in own shares

None

Intangible assets

GENPRU 2.2.155 R

Excess of drawings over profits for partnerships and limited liability partnerships

GENPRU 2.2.100 R

Net losses on equities held in the available-for-sale financial asset category

GENPRU 2.2.185 R

(For certain limited purposes only certain additional deductions are made here)

GENPRU 2.2.239R (2) to GENPRU 2.2.239R (4)

Total tier one capital after deductions = D-E

(F)

Upper tier two capital

(G)

Perpetual cumulative preference shares

GENPRU 2.2.159 R to GENPRU 2.2.181 R

Perpetual subordinated debt

See previous entry

Perpetual subordinated securities

See previous entry

Revaluation reserves

GENPRU 2.2.185 R

General/collective provisions

GENPRU 2.2.187 R to GENPRU 2.2.189 R

Surplus provisions

GENPRU 2.2.190 R to GENPRU 2.2.193 R

Lower tier two capital

(H)

Fixed term preference shares

GENPRU 2.2.159 R to GENPRU 2.2.174 R; GENPRU 2.2.194 R to GENPRU 2.2.196 R

Long term subordinated debt

See previous entry

Fixed term subordinated securities

See previous entry

Total tier two capital = G+H

(I)

Deductions from tier two capital

(J)

(For certain limited purposes only certain additional deductions are made here)

GENPRU 2.2.239R (2) to GENPRU 2.2.239R (4)

Total tier two capital after deductions = I - J

(K)

Total tier one capital plus tier two capital = F+K

(L)

Deductions from the totals of tier one and two

(M)

Qualifying holdings

GENPRU 2.2.202 R to GENPRU 2.2.207 R

(Part 1 of stage M)

Material holdings

GENPRU 2.2.208 R to GENPRU 2.2.215 R

Expected loss amounts and other negative amounts

GENPRU 2.2.236 R

Securitisation positions

GENPRU 2.2.237 R

Reciprocal cross-holdings

GENPRU 2.2.217 R to GENPRU 2.2.220 R

Investments in subsidiary undertakings and participations which are notmaterial holdings or qualifying holdings

None

(Part 2 of stage M)

Connected lending of a capital nature

GENPRU 2.2.221 R to GENPRU 2.2.233 R

Total tier one capital plus tier two capital after deductions = L-M

(N)

In calculating whether a bank's capital resources exceed its capital resources requirement:

• the credit risk capital component, the operational risk capital requirement and the counterparty risk capital component; or
• the base capital resources requirement; as the case may be, must be deducted here.

Upper tier three

(O)

Short term subordinated debt

GENPRU 2.2.241 R to GENPRU 2.2.245 R

Lower tier three

(P)

Net interim trading book profit and loss

GENPRU 2.2.246 R to GENPRU 2.2.249 R

Total tier three capital=O+P

(Q)

Total capital before deductions = N+Q

(R)

Deductions from total capital

(S)

Excess trading book position

GENPRU 2.2.263 R to GENPRU 2.2.265 R

Free deliveries

BIPRU 14.4

Total capital after deductions (R – S)

(T)

In calculating whether a bank's capital resources exceed its capital resources requirement, the market risk capital requirement and the concentration risk capital component must be deducted here.

Note (1): Where the table refers to related text, it is necessary to refer to that text in order to understand fully what is included in the descriptions of capital items and deductions set out in the table.

Note (2): If the amount calculated at:

• stage N less the deductions in respect of the capital resources requirement made immediately following stage N; or
• stage T less the deductions in respect of the capital resources requirement made immediately following stages N and T;

is a negative number the bank's capital resources are less than its capital resources requirement.

Note (3): Stage C must be omitted except where capital resources are being used for a purpose for which innovative tier one capital may be used (see GENPRU 2.2.27 R).