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DBS Bank Annual Report 1998


Performance at a Glance

Financial Highlights

Letter to Shareholders

Corporate Governance

Operations Review

Financial Report

 

 


Financial Highlights (pt 4)
Group Share Capital & Earnings Per Ordinary Share (EPS)
  Ordinary Share Capital
1998: S$928.1 million (+32.1%)
1997: S$702.6 million 

  Preference Share Capital
1998: S$636.8 million (+18.8%)
1997: S$536.2 million

   Earnings Per Ordinary
       Share
1998: S$0.23 (-57.4%)
1997: S$0.54

Changes in share capital during the year were due to bonus and rights issues, the issuance of non-voting convertible preference shares for POSBank, and conversion of DBS Convertible Preference Shares.

 

Unrealised Valuation Surpluses

  Properties

  Quoted Investments

At end December 1998, unrealised valuation surpluses in the Group's quoted investments and properties, which are not reflected in the balance sheet, amounted to S$1,420 million. The Group's non-financial investments are actively managed.
 

Group Capital Adequacy Ratio (CAR)

The total Capital Adequacy Ratio (CAR) of the Group, measured according to the Bank for International Settlements (BIS) guidelines, at end-December 1998 of 15.6% was almost twice the minimum 8% BIS' requirement. The CAR is actively managed to provide a buffer above the minimum regulatory requirements to facilitate business expansion, as well as to optimise return on equity.
Capital

S$ millions

Tier 1 Capital 9,058
Tier 2 Capital 1,065
Total Capital 10,123

Risk-weighted assets including market risks 64,932

Capital Adequacy Ratio %
Tier 1 13.9
Total (Tier 1 & 2) 15.6
 
Up
Financial Highlights pt 1
Financial Highlights pt 2
Financial Highlights pt 3
Financial Highlights pt 4
Financial Highlights pt 5
Financial Highlights Pt 6
Group Regional Exposure at end 1998