|
|
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
|