Analysis of the financial condition of Sberbank PJSC. Analysis of financial results and profitability of sberbank of russia pjsc Sberbank financial statements for the year

Analysis financial condition PJSC "Sberbank"

Consider the balance sheet of Sberbank for 2015, 2014 and 2013 and draw conclusions.

Table 1

Balance sheet PJSC "Sberbank"

Based on the indicators of the balance sheet of Sberbank, we will compare 2015, 2014 and 2013, calculate the indicators as a percentage. Table 2 shows the balance sheet indicators as a percentage.

table 2

Balance sheet of Sberbank, in%

We will also compose the structure of the bank's assets and liabilities as of 01.01.2016.

Assets in 2015 increased by 4.4% and amounted to 22,707 billion rubles. Their growth was mainly due to the increase in the loan portfolio of clients. For all three periods under consideration, the largest share in the asset of the balance sheet has net debt and is 74.3%, 73.1% and 73.6%, respectively, for 2015, 2014 and 2013. Net loans to customers for the year, compared to 2014, increased by 6.2% and reached about RUB 16870 billion.

financial asset liabilities capital sberbank

Figure 1 - The structure of the bank's assets as of 01.01.2016

Figure 2 - The structure of the bank's liabilities as of 01.01.2016

Also, the growth of assets was influenced by an increase in net investments in securities for sale, which occurred mainly due to the purchase of securities in the portfolio for the sale of the effect of foreign exchange revaluation, for the year they increased by 32.7%, they amounted to 1,744 billion rubles in 2013. those. 10.8% of all assets, in 2014 they increased by 1 billion rubles. and amounted to 1,745 billion rubles, in 2015 there is a sharp increase to 2,316 billion rubles. 10.2% of all assets for 2015. In 2013, the amount of cash amounted to 717 billion rubles. and during 2014 they increased by 73.1% and amounted to RUB 1,241 billion, then they decreased to RUB 733 billion, mainly due to a decrease in demand for cash due to a decrease in the volatility of the ruble exchange rate.

The smallest indicator in the balance sheet asset is funds in credit institutions in 2015, they accounted for only 1.57% of all assets and 356 billion rubles, as in 2014.

In the liabilities, the largest share belongs to clients' funds. The inflow of customer funds also allowed the Bank to early repay a number of expensive borrowings in foreign currency from the external market. In 2014, customer funds amounted to RUB 14,027 billion (78.05% of all liabilities), and in 2015 RUB 17,722 billion (64.5% of all liabilities), which is 26.3% more than in 2014, in 2013 year customer funds are equal to 68.4% of all liabilities and amounted to 11,128 billion rubles.

Despite the persistence of geopolitical tensions in 2015 and the remaining closed external markets, the Bank has significantly reduced its dependence on government funding (the amount of the Bank of Russia funds on the Bank's balance sheet decreased over the year from RUB 3,516 billion to RUB 769 billion) by attracting additional funds clients.

Taking into account the persisting sanctions and the unstable macroeconomic situation, in order to reduce liquidity risks, the Bank significantly increased the volume of liquidity reserves, mainly due to the active work in 2015 to increase the collateral. In 2014, Provisions for other losses amounted to RUB 37 billion, and in 2015, Provisions for other losses increased by 2.7% and amounted to RUB 38 billion.

Sources of own funds in 2013 amounted to 1,935 billion rubles. (11.9% of all liabilities), which is 2.4% less than in 2014 and 20.3% less than in 2015. Sources of equity in 2014 and 2015 amounted to RUB 1,982 billion (9.11% of all liabilities) and RUB 2,823 billion (10.25% of all liabilities), respectively.

Table 3

Income statement

Net interest income in 2015 amounted to RUB 866.7 billion, which is 9.7% less previous year:

• - interest income increased by 329.2 billion rubles. due to the growth of the portfolio of loans to legal entities and individuals;
• - interest expenses increased by 430B2 billion rubles. by increasing the volume of customer funds (both individuals and legal entities), as well as by increasing the volume and cost of raising funds in the Bank of Russia;

Net fee and commission income amounted to 265.9 billion rubles, which is 17.8% higher than in last year... In 2014, net fee and commission income amounted to RUB 217.2 billion, and in 2013 net fee and commission income was 55.3% less than in 2015, its value amounted to RUB 171.2 billion.

• - Fee and commission income increased by 23.5%. The main contribution to this growth was made by operations with bank cards and acquiring operations.
• - in 2015 commission expenses amounted to 31.8 billion rubles, which is 33.1% more than in the previous year and 79.7% more than in 2013.

Net income from foreign exchange revaluation and from trading operations on financial markets in 2015 amounted to 68.9 billion rubles, which is 26.9% less than last year.

Overall volume operating income before the creation of reserves decreased by 7.4% and amounted to 1,221.1 billion rubles.

Operating expenses increased by 3.5%, there was also an increase in the volume of reserves by 1.3%, which influenced the decrease in profit before income tax.

Profit before income tax decreased by 28.5% compared to 2014 and amounted to RUB 306.9 billion. Since 2013, profit before income tax has been constantly decreasing, in 2013 profit before tax amounted to 502.8 billion rubles, and in 2014 it was 429.2 billion rubles, which is 14.6% less than in 2013 and decreased by 73.6 billion rubles.

Net profit amounted to 218.4 billion rubles. against 311.2 billion rubles. in 2014. The main factors of profit decline in 2015 are significant expenses on reserves, exclusion from the financial result of revaluation of foreign currency investments in affiliated companies... In 2013, net profit amounted to RUB 377.6 billion, which is 42.2% more than in 2015.

The values ​​of the mandatory ratios, which were taken from the published statements of the Bank, are presented in Table 4.

Table 4

The basic and fixed capital adequacy ratio (N1.1, N1.2) as of 01.10.2016 is 7.9%. This value fulfills the condition of the normative value.

The capital adequacy ratio (N1.0) is 11.9%. This value is quite close to the minimum (10%), which indicates the low ability of the Bank to ensure possible financial losses at its own expense.

Instant liquidity ratio (N2) limits the risk of the bank losing its solvency within one day. In this case, it is equal to 116.4% and meets the standard value.

The current liquidity ratio (N3) regulates the risk of the bank losing its solvency within the next (to the date of calculation of the ratio) 30 calendar days. In this case, the current liquidity is 154.4%. This value corresponds to the standard value, which is a good indicator... That is, Sberbank is able to fulfill its obligations within the next 30 days.

Long-term liquidity ratio (N4) regulates the risk of loss of solvency by the bank as a result of placing funds in long-term assets (for example, mortgage loans). It amounted to 65.5%, which indicates a low risk of loss of solvency by the bank as a result of placing funds in long-term assets.

The ratio of the maximum exposure to one borrower or a group of related borrowers (N6) regulates (limits) credit risk bank in relation to one borrower or a group of related borrowers and determines the maximum ratio of the total amount of credit requirements of the bank to the borrower or a group of related borrowers to the bank's own funds (capital). It is equal to 19.99%, which is quite close to the standard value. This suggests that the Bank has sufficient a large number of issued loans, which increases the risk.

The ratio of the maximum size of large credit risks (N7) regulates (limits) the total amount of large credit risks of the bank and determines the maximum ratio of the total amount of large credit risks and the size of the bank's own funds (capital). Its standard value is less than 800%. For 2015, this indicator is 197.51%, which indicates a fairly good position of the Bank in this regard.

The standard for the maximum amount of loans, bank guarantees and sureties provided by the bank to its participants (shareholders) (N9.1), establishes the limitation of the credit risk of the bank in relation to the participants (shareholders) of the bank, is determined as the ratio of the size of loans, bank guarantees and guarantees provided by the bank by its to participants (shareholders) to the bank's own funds (capital). The standard value is less than 50%. In this case, this figure is 0%.

The aggregate amount of risk for insiders of the bank (H10.1) introduces a limitation on the aggregate credit risk the bank in relation to all insiders, i.e. individuals, capable of influencing the decision to issue a loan by the bank. It is defined as the ratio of the total amount of credit claims to insiders to the bank's own funds (capital). Its maximum value is 3%. Its actual value is 0.76%.

The standard for the use of the bank's own funds (capital) for the acquisition of shares (stakes) of other legal entities (N12) shows specific gravity bank investments (in relation to the authorized capital) in shares of enterprises, investment certificates stock companies, bills of exchange and other not always liquid assets. Its maximum value is 25%. As of 01.01.2016, this indicator is 10.59%.

Thus, during the study period, Sberbank of Russia OJSC stably complied with all the mandatory standards established The central bank Russia, which confirms the stable position of the Bank, the timely fulfillment by the Bank of its debt and financial obligations to all counterparties and the investment potential of the Bank.

Having examined the Balance Sheet of Sberbank PJSC as of 01.01.2016, 01.01.2015 and 01.01.2014 and having analyzed and compared the assets and liabilities of all three periods, having studied the Statement of Financial Results for 2013, 2014 and 2015, as well as Having considered the Information on the actual values ​​of the bank's mandatory ratios for 2015 and comparing them with the normative values, in general, we can conclude: Sberbank of Russia is at the highest level - it has the highest reliability category, while bypassing many other well-known and reliable banks in Russia.

In the period from 2013 to 2015, the bank increased the share of lending to individuals and legal entities, an increase in the item Customer funds in the liabilities of the balance sheet indicates that the client base of Sberbank is growing every year.

Having considered the Information on the Bank's mandatory ratios, we can conclude that Sberbank has consistently complied with all the mandatory ratios established by the Central Bank of Russia during the study period, which is a confirmation of the bank's stable and effective position, its investment potential and the Bank's timely implementation of its financial and debt obligations to all counterparties.

Table 2.1 Balance sheet of Sberbank of Russia PJSC.

The largest share in the assets of the balance sheet belongs to the net loan debt and is 73.04% and 73.6%, respectively, as of 01/01/2016 and 01/01/2015. In the liabilities, the largest share belongs to clients' funds that are not credit institutions (64.5% and 68.37%). Among the sources of own funds, the largest share is retained earnings, namely 6.85% and 7.27% of the balance sheet total.

The main factors behind the growth of the Bank's assets in 2015 were loans to legal entities and individuals: the increase in assets by 71.5% was secured by net loan debt. The growth of balance sheet items was significantly influenced by the positive revaluation of their foreign exchange component due to the weakening of the ruble against the main foreign currencies: the US dollar rate increased in 2014 by 71.9%, the euro rate - by 52.0%.

In December, the bank provided loans to corporate clients in the amount of 1.4 trillion. rub. In total, about 8 trillion rubles were issued in a year. rub. - 8.8% more than a year earlier. Loan portfolio corporate clients increased in December by 893 billion rubles. In general, the portfolio grew by $ 3.1 trillion over the year. rub. or by 36.3% and amounted to 11.7 trillion. rub. The growth was due to both new loans issued and a positive revaluation of previously issued foreign currency loans, which arose due to changes in foreign exchange rates.

Private clients received more than 200 billion rubles in December, and 2 trillion rubles since the beginning of the year. loans, which is 10% more than the volume of issuance for the last year, excluding turnovers on credit cards... The loan portfolio of private clients increased in December by 55 billion rubles. Over the year, the portfolio grew by 737 billion rubles. or by 22.1% and amounted to almost 4.1 trillion. rub. Home loans account for about half of the bank's retail portfolio.

The share of overdue debt in the loan portfolio as of January 1, 2015 amounted to 2.0%, having decreased by 0.2 percentage points over the year.

The volume of investments in securities for the year decreased by 35.9 billion rubles. or 1.8%. Their balance as of January 1, 2016 amounted to 1.9 trillion. rub.

Funds of legal entities in December increased by 966 billion rubles. due to seasonal growth time deposits and revaluation of previously attracted currency funds... The increase in total for the year amounted to 1,949 billion rubles. or 62.5%. The balance of funds of legal entities as of January 1, 2016 amounted to 5.1 trillion. rub.

Funds of individuals in December increased by 192 billion rubles. both due to the inflow of funds and due to the revaluation of foreign currency deposits. Over the year, individuals' funds increased by 473 billion rubles. or by 5.9% and as of January 1, 2016 amounted to 8.5 trillion. rub.

Table 2.2 Indicators of the report on financial results of Sberbank of Russia

Net interest income amounted to RUB 853.7 billion, which is 18.3% more than in the previous year:

• - interest income increased by 313.4 billion rubles. due to the growth of the portfolio of loans to legal entities and individuals;
• - interest expenses increased by 181.2 billion rubles. by increasing the volume of customer funds (both individuals and legal entities), as well as by increasing the volume and cost of raising funds in the Bank of Russia; the value of funds of the Federal Treasury and the Bank of Russia increased especially strongly in December after raising key rate up to 17%.

Net fee and commission income amounted to RUB 276.9 billion, which is 21.4% higher than in the previous year. Fee and commission income not related to lending increased by 24.0%. The main contribution to this growth was made by operations with bank cards and acquiring operations - their growth for the year amounted to 32.2% or 30.7 billion rubles, while in December 14.9 billion rubles were earned. This growth in December was driven by a significant increase in the volume of transactions by cardholders. In 2016, commission income from the issuance of bank guarantees, the implementation of trade finance and documentary business transactions, and the sale of insurance and investment products also grew at a faster pace.

Net income from foreign exchange revaluation and trading operations in financial markets in 2016 amounted to 81.2 billion rubles, which is 3.7 times higher than the volume of the previous year. The main influence was exerted by the creation of reserves for foreign currency loans due to the positive revaluation of these loans as a result of the devaluation of the ruble at the end of 2016 without deteriorating the quality of the loans themselves (only for the 4th quarter of 2016 - about 48 billion rubles). At the same time, according to the rules for regulating the open foreign exchange position of banks, reserves for impairment of foreign currency loans were included in foreign exchange claims and liabilities for managing foreign exchange position. The revaluation of these claims and liabilities, like all foreign exchange assets and liabilities denominated in foreign currencies, was reflected in the item of income from trading operations. Thus, the creation of reserves for foreign currency loans technically affected the growth of income from trade operations.

In general, operating income before total reserves increased by 26.8% and exceeded 1.25 trillion. rub.

Operating expenses increased by 9.6%. The cost-to-income ratio decreased by 5.8 p.p. up to 36.6% due to the cost optimization program carried out by Sberbank. The growth rate of operating income to total reserves (26.8%) significantly exceeds the growth of operating expenses (9.6%).

Expenses on total reserves in 2016 amounted to RUB 397.7 billion. against 104.8 billion rubles. a year earlier. More than 45% of the increase in reserves occurred in the 4th quarter. Throughout this quarter, the volume of reserves was influenced by a sharp depreciation of the ruble against major currencies, which technically led to the creation of additional reserves for foreign currency loans without deteriorating the quality of loans. In addition, a reserve was created for a number of large Ukrainian borrowers in connection with the deterioration of the situation in Ukraine.

In general, the bank continues to create reserves for possible losses in accordance with the requirements of the Bank of Russia, adhering to a conservative approach to covering existing credit risks. The reserves created on the balance sheet exceed the overdue debt by 2.6 times (as of January 1, 2016, 2.2 times).

Profit before income tax decreased by 14.3% compared to 2013 and amounted to 400.1 billion rubles. Net profit amounted to 305.7 billion rubles. against 377.7 billion rubles. in 2015. The main factors of profit decline in 2014 are significant expenses on reserves, exclusion from the financial result of revaluation of foreign currency investments in subsidiaries, as well as the recognition of a deferred tax liability from May 2016 due to changes in the rules accounting.

The values ​​of the mandatory ratios, which were taken from the published statements of the Bank, are presented in Table 2.3

Table 2.3 Information on mandatory standards (as of January 1, 2016 in percent).

The basic and fixed capital adequacy ratio (N1.1, N1.2) as of 01.10.2016 is 8.2%. This value is in accordance with the norm.

The capital adequacy ratio (N1) is 11.6%. This value is quite close to the minimum (10%), which indicates the low ability of the Bank to ensure possible financial losses at its own expense.

Instant liquidity ratio (N2) limits the risk of the bank losing its solvency within one day. In this case, it is equal to 74.3% and corresponds to the standard value.

The current liquidity ratio (N3) limits the risk of the bank losing its solvency within the next (to the date of calculation of the ratio) 30 days. In this case, the current liquidity is 66.4%. This value is in line with the standard, which is a good indicator. That is, Sberbank of Russia is able to fulfill its obligations within the next 30 days.

Long-term liquidity ratio (N4) limits the risk of insolvency of a credit institution as a result of placing funds in long-term assets (for example, mortgage loans). It is 111.2%, which indicates a low risk of insolvency of the Bank as a result of placing funds in long-term assets.

The ratio of the maximum amount of risk per one borrower or a group of related borrowers (N6) regulates (limits) the bank's credit risk in relation to one borrower or a group of related borrowers and determines the maximum ratio of the total amount of the bank's credit requirements to the borrower or a group of related borrowers to its own funds (capital) jar. This standard should not exceed 25%. In this case, it is equal to 19.2%, which is quite close to the maximum value. This suggests that the Bank has a fairly large number of loans issued, which increases the risk.

The ratio of the maximum size of large credit risks (N7) regulates (limits) the total amount of large credit risks of the bank and determines the maximum ratio of the total amount of large credit risks and the size of the bank's own funds (capital). Its maximum value is 800%. In this case, this indicator is equal to 207.3%, which indicates a fairly good position of the Bank in this respect.

The standard for the maximum amount of loans, bank guarantees and sureties provided by the bank to its participants (shareholders) (N9.1), establishes the limitation of the credit risk of the bank in relation to the participants (shareholders) of the bank, is determined as the ratio of the size of loans, bank guarantees and guarantees provided by the bank by its to participants (shareholders) to the bank's own funds (capital). The maximum value is 50%. In this case, this figure is 0%.

The aggregate amount of risk for insiders of the bank (H10.1) introduces a limitation on the aggregate credit risk of the bank in relation to all insiders, i.e. individuals who can influence the decision to issue a loan by the bank. It is defined as the ratio of the total amount of credit claims to insiders to the bank's own funds (capital). Its maximum value set by the regulator is 3%. Its actual value is 1.0%. The value is reasonably acceptable.

The norm for the use of the bank's own funds (capital) for the acquisition of shares (stakes) of other legal entities (N12) shows the proportion of the bank's investments (in relation to the authorized capital) in the shares of enterprises, investment certificates of stock companies, promissory notes and other not always liquid assets. Its maximum value is 25%. As of 01.01.2016, this indicator is 9.5%.

Thus, during the study period, Sberbank of Russia OJSC stably complied with all the mandatory standards established by the Central Bank of Russia, which confirms the Bank's stable position, the Bank's timely fulfillment of its debt and financial obligations to all counterparties and the Bank's investment potential.

Analysis of active funds of the bank table2.4

Conclusion: The value of the bank's assets for the reporting year increased by 1460281579 thousand rubles. and amounted to 4937814349 thousand rubles, the growth rate was 142%. This deserves a positive assessment, since speaks of the stable, developing activity of the bank.

In the reporting year, outstanding loans increased by 1348549070 thousand rubles. amounted to 3988641545 thousand rubles. The growth rate was 106%. On the one hand, this speaks of the bank's business activity and an increase in its lending market share. But on the other hand, the risks of non-return increase.

In the reporting year, the amount of investments in securities increased by 132973814 thousand rubles. and amounted to 457863660 thousand rubles. The growth rate is 99%. This deserves a positive assessment, since indicates that the bank is beginning to actively invest resources in securities transactions, which may indicate that it is very attentive to the development of the securities market in Russia and is gradually beginning to offer these services to its clients, and also consolidates its position in the market valuable papers.

The amount of funds of credit institutions of the Central Bank of the Russian Federation by the end of the reporting year decreased by 5,905,121 thousand rubles. and amounted to 81793071 million rubles. These resources are among the most liquid funds. However, the growth rate is lower than the overall asset growth rate. This suggests that the main sources of asset growth are the least liquid funds.

Solution progress: Cash (changes) = 01.01.2016-01.01.2015.

Growth rate = 01.01.2016: 01.01.2015 * 100%

The structure of the Bank's assets,% table 2.5

Conclusion: The largest share in the bank's assets has a net loan debt (80.7%). In the reporting year, the value increased by 14660 million rubles. amounted to 94,955 million rubles. The growth rate was 106%. On the one hand, this speaks of the bank's business activity and an increase in its lending market share. But on the other hand, the risks of non-return increase.

The second largest share in the structure of assets is investments in securities (9.27%). In the reporting year, their value increased by 132973814 thousand rubles. and amounted to 457863660 thousand rubles. The growth rate is 99%. This deserves a positive assessment, since indicates that the bank is beginning to actively invest resources in securities transactions, which may indicate that it is very attentive to the development of the securities market in Russia and is gradually beginning to offer these services to its clients, and also consolidates its position in the market valuable papers.

The amount of funds of credit institutions of the Central Bank of the Russian Federation (1.65%) by the end of the reporting year decreased by 5,905,121 thousand rubles. and amounted to 81793071 million rubles. The growth rate was 66%. The share in the total value of assets for the reporting year decreased by 0.85 percentage points. These resources are among the most liquid funds. However, the growth rate is lower than the overall asset growth rate. This suggests that the main sources of asset growth are the least liquid funds.

Dynamics of the bank's liabilities, thousand rubles Table 2.6

Conclusion: The total amount of liabilities for the reporting year increased by 1,460,218,579 thousand. rub. and amounted to 4937814349 thousand rubles. The growth rate was 141%. This deserves a positive assessment, since speaks about the growth of the bank's potential.

The structure of the bank's liabilities,% table 2.8

Conclusion: Liabilities have the largest share in the structure of liabilities. During the reporting period, their share decreased by -0.4 percentage points and amounted to 98.9%

Analysis of bank capital adequacy Table 2.9

Conclusion: During the reporting year, the N1 ratio decreased by 0.2% and amounted to 10.6%. On the one hand, this indicates a deterioration in the state of capital adequacy. On the other hand, the normative value of this indicator is 10.0, the actual value in the reporting year is 10.6%, therefore, the bank has a small margin for reducing the value of the norm without deteriorating the state of capital adequacy.

Dynamics of the bank's liabilities, thousand rubles table 2.10

Conclusion: The share of funds of credit institutions for the reporting period decreased by 0.2 percentage points and amounted to 4.3%. The amount of funds of credit institutions for the reporting period decreased by 39342015 thousand rubles. and amounted to 183703088 thousand rubles. This suggests that the bank operates in the interbank lending market. On the one hand, this indicates a lack of equity capital on the other hand, by attracting less funds from credit institutions, the bank is trying to reduce the use of expensive resources.

The structure of the bank's liabilities,% Table 2.11

Conclusion: The largest share in the structure of liabilities belongs to the amount of funds of customers who are not credit institutions. Their share for the reporting year increased by 2.7 percentage points and amounted to 110%. This deserves a positive assessment and speaks of the stable and developing work of the bank.

Estimation of the cost of the resource base (liabilities) in the period 01.01.2015 table 2.12

Conclusion: Issued liabilities reflect funds raised through the placement of own securities (except for shares issued to form authorized capital). The share of issued liabilities for the reporting year increased by 1.33 percentage points and amounted to 2.96%. The volume of issued liabilities decreased by 323434 thousand rubles. and amounted to 3,161,090 thousand rubles. The growth rate was 0.02%. This suggests that the bank in the reporting year reduced its presence in the securities market.

Estimation of the cost of the resource base (liabilities) in the period 01.01.2016 table 2.13

Conclusion: Analyzing the structure of attracted funds, we can conclude that it is formed at 79.94% at the expense of clients' funds. These resources may include funds in current accounts and deposits of legal entities. Funds on current accounts of clients are the most attractive for the bank, because they are the least expensive (for the most part they are interest-free). Attraction of funds in deposits increases the bank's liquidity. The growth of deposits (more expensive resources) indicates that the bank spent special program on work with the population.

Table 9

Estimation of the cost of the resource base (liabilities),% Table 2.14

Conclusion: The largest share in the structure of liabilities belongs to the amount of funds received from credit institutions. Their share for the reporting year increased by 103.45 percentage points and amounted to 105.4%. This deserves a positive assessment and speaks of the stable and developing work of the bank.

Dynamics of assets grouped by economic content, thousand roubles. Table 2.15

Conclusion: During the reporting year, the value of the bank's working assets increased by 13936330052 thousand rubles. and amounted to 4517771591 thousand rubles. The growth rate was 145%. This deserves a positive assessment and speaks of the stable and developing work of the bank. At the same time, the amount of immobilized assets increased by 1,594,261 thousand rubles. and amounted to 163415207 thousand rubles. The growth rate was 111%. This deserves a positive assessment and speaks of the dynamic development of the bank's core business.

Table 2.16

The structure of assets grouped by economic content,%

Conclusion: The value of the bank's working assets increased from 90 to 91 percent of the table value. The growth rate was 145%. This deserves a positive assessment and speaks of the stable and developing work of the bank.

Risk analysis active operations bank,% Table 2.17

Conclusion: For the reporting year, the amount of the reserve decreased by 1% of the value in the table. The change in the provision amounted to RUB 4,331 million. The data for the reporting year amounted to 91%. The provision for possible losses on accrued interest income includes provisions for loans, debt obligations and bills. Consequently, the reason for the growth of reserves may be an increase in the reserve in one of the directions.

Assessment of the profitability of the bank's working assets in the period 01.01.15 table 2.17

The amount of funds in credit institutions net of reserves for the reporting year amounted to 22,859,059 thousand rubles. This deserves a positive assessment, since speaks about the effective and developing work of the bank.

Assessment of the profitability of the bank's working assets in the period 01.01.16 table 2.18

Conclusion: The amount of funds in credit institutions minus reserves for the reporting year amounted to 16631126 thousand rubles. This deserves a positive assessment, since speaks about the effective and developing work of the bank.

Table 2.19 Assessment of the profitability of the bank's working assets,%

Conclusion: Taking into account the data of tables 13 and 13.1, the amount of income for the reporting year increased by 18.49% compared to the previous year, and amounted to 57.98%. This deserves a positive assessment, since speaks about the effective and developing work of the bank.

Table 2.20 Ratio analysis of the profitability of the bank's assets,%

Conclusion: The total return on assets for the reporting period increased by 4.86% of the value in the table and amounted to 25.16%. This deserves a positive assessment, since speaks of the growth of the bank's potential

Ratio analysis of the use of the bank's resource base,% table 2.21

Conclusion: The value of working assets and liabilities in the reporting year amounted to 92.3% of the indicator in the table. The growth rate was 4.8%. These changes deserve a positive assessment and speak of the stable and developing activity of the bank., The growth of the bank's potential.

Analysis of economic standards for the bank's activity,% Table 2.22

Conclusion: During the reporting year, the instant liquidity ratio increased by 5.8% and amounted to 55.9%. This deserves a positive assessment, since indicates that the bank has the necessary combination of fast-liquid assets and funds on demand. The current value of the H2 ratio is more than 2 times higher than the normative one, therefore, the bank can reduce, if necessary, the number of fast-liquid assets without changing the liquidity of assets.

Alternative analysis of the bank's liquidity and solvency,% of Table 2.23

Conclusion: For the reporting year, the value of the mandatory ratio of the liquidity ratio (coverage of liabilities) decreased by 0.8% and amounted to 5.43%. The normative value of this indicator is 50%. This means that the bank has a reserve of reducing rapidly liquid reserves without harming the liquidity of the balance sheet.

Analysis of the dynamics of the bank's income and expenses, thousand rubles table 2.23

Conclusion: Interest income has the largest share in the structure of income. During the reporting year, their share increased by 130.5%. points and amounted to 1094015347 thousand rubles. On the one hand, this may indicate that the bank is diversifying its activities. On the other hand, a decrease in the share of the main type of activity may indicate a decrease in the stability of the bank's work. The amount of interest income for the reporting year increased by 256,127,531 rubles. This deserves a positive assessment, since speaks of the profitability of the main activity.

Analysis of bank profit and absolute margin table 2.24

Conclusion: During the reporting year, the amount of profit increased by 1,376.6 million rubles. and amounted to 3449.1 million rubles. The growth rate was 166.42%. This deserves a positive assessment, since profit creates conditions for the development of the bank. The amount of net profit for the reporting year increased by 867.5 million rubles. and amounted to 2456.1 million rubles. The growth rate was 154.61%. The amount of net profit differs from the amount of profit by the amount of tax paid and deductions to the reserve fund.

Analysis of SPREAD and interest margin ratio,% table 2.25

Conclusion: The indicator of profitability of working assets for the reporting year amounted to 26.6% of the values ​​in the table, which indicates the positive dynamics of the bank's development and the promising future.

Analysis of profitability indicators banking% table 2.26

Conclusion: The return on assets for the reporting year was 3.2% of the table indicator. Growth rate 1.5%. This deserves a positive assessment, since speaks of the profitability of the main activity.

Let's analyze the dynamics of the absolute indicators of profitability. Data for analysis is taken from the consolidated financial PAO report Sberbank of Russia for 2013, 2014 and 2015 and are presented in the Appendices. A, B and. B respectively.

From January 2013-2015 PJSC Sberbank of Russia showed a negative trend in its activities. The main indicators of the bank's performance can be seen in Table 2.

Table 2 - Key performance indicators of Sberbank of Russia PJSC

2013 - 2015

The Bank's capital during the analyzed period from December 31, 2013 to December 31, 2015, increased from RUB 1,881.70 billion. up to 2,375.00 billion rubles.

In 2013-2014, total assets increased by 6990.50 billion rubles. (38.4%) and amounted to 25,200.80 billion rubles as of December 31, 2014, and 27,334.70 billion rubles as of December 31, 2015). This growth was caused by the growth of the securities portfolio and the increase in the volume of lending to customers.

For 2013, the profit of Sberbank amounted to 455.70 billion rubles, in 2014 there was a negative trend in profit growth (455.70-374.20 = 81.50 billion rubles) and as of December 31, 2014, the profit was 374.20 billion rubles, for 2015 the profit also continued to decline and as of 31.12.2016 amounted to 331.2 billion rubles. (374.20-331.20 = 43.00 billion rubles).

Due to the decline in profit, the volume of net profit decreased, which amounted to 362.0 billion rubles as of 31.12.2013. as of 31.12.2014 - 290.30 billion rubles, and as of 31.12.2015 222.9 billion rubles, which is 61.6% less than in 2013.

The portfolio of loans to customers in 2013-2015 increased by 73.3% due to an increase in the volume of lending to both individuals and corporate customers. (31.13.2013 - 13544.0 billion rubles, 31.12.2014 - 18826.1 billion rubles, 31.13.2015 - 19924.7 billion rubles).

Profit on common share for 2013 amounted to 16.8 billion rubles. which is 3.33 billion rubles. more than in 2014 and by 6.42 billion rubles. more than in 2015.

Sberbank of Russia is the largest bank Russian Federation and the CIS. Its assets are more than a quarter banking system countries (26%), and the share in banking capital is at the level of 30% (2015). Founded in 1841, Sberbank of Russia today is a modern universal bank satisfying the needs different groups clients in a wide range banking services... Sberbank holds the largest share in the deposit market and is the main creditor to the Russian economy.

ANALYSIS OF ASSETS AND LIABILITIES OF SBERBANK OF RUSSIA PJSC

Conducting horizontal and vertical analysis of the balance sheet is the first stage of assessing the financial condition commercial bank.

The structure of assets and liabilities is analyzed not only to determine the degree of diversification banking operations and identifying the dangers that the excessive increase of the bank carries with the same type (even very profitable at the moment) operations. For a more detailed analysis of Sberbank of Russia, tables of the structure and dynamics of assets (Table 3, 4) and liabilities (Table 5, 6) will be given below, which indicate the Bank's indicators for 2013, 2014 and 2015 (data in Appendix A, B and B, respectively), the specific weight and dynamics of the given indicators were also calculated. The conclusion is made based on the presented data.

Table 3 - Analysis of the structure of assets of the balance sheet of Sberbank of Russia for 2013 - 2015

In the structure of assets, the dominant items throughout the analyzed period are Cash, Net debt and Net investments in securities. The rest of the indicators have an insignificant share, but still form the total assets.

Table 4 - Analysis of the dynamics of assets of the balance sheet of Sberbank of Russia for 2013-2015

During the analyzed period (01.2013-31.12..2015) total assets increased by 50.1% and reached 27334.7 billion rubles. The growth was mainly driven by loans to customers and investments in securities.

The share of funds held in the Central Bank of the Russian Federation until 2013 had an average value of 33% and as of December 31, 2013 amounted to 251.5 billion rubles, then a negative trend of growth of funds held in the Central Bank of the Russian Federation appeared (as of December 31, 2014 - 365.7 billion rubles, as of 31.12.2015 - 387.9 billion rubles).

Net investments in securities in 2013 decreased by 171.5 billion rubles. or 8.0% and amounted to 1,969.7 billion rubles as of December 31, 2013. In 2014, the volume of securities decreased by 304.7 billion rubles. or by 15.5% and as of 31.12.2015 amounted to 1,665.0 billion rubles.

For 2013 cash increased significantly by 1,071.8 billion rubles. or by 86.6% and amounted as of December 31, 2014 - 2308.8 billion rubles. In the period for 2015, their growth continued, but not so much as for last year and as of December 31, 2015, this value is 2333.6 billion rubles, or 1.1%.

Funds invested in other assets increased during the analyzed period by about 300%, and from 839.1 billion rubles. increased to 3358.5 billion rubles.

For the analyzed period (31.12.2013-31.12.2015) total liabilities increased by 52.9% and reached 24,959.7 billion rubles as of 31.12.2015. The growth was mainly driven by loans to customers and funds from the Central Bank of the Russian Federation.

In 2013, equity capital amounted to RUB 2,111.3 billion, in 2014 it increased by RUB 1,528.7 billion, and amounted to RUB 3,640.0 billion, but then there was a significant decrease in equity capital by RUB 2,594.1 billion. ... and as of 31.12.2015 amounted to 1,045.9 billion rubles.

From December 31, 2013 to December 31, 2015, individuals' funds increased from 8,435.8 billion rubles. up to 12,043.7 billion rubles. (31.12.2014 - 9328.4 billion rubles)

The amount of debt obligations issued increased by 61.5% and amounted to RUB 1,378.5 billion as of December 31, 2015. (31.12.2013 - 853.4 billion rubles, 31.12.2014 - 1,302.6 billion rubles).

Table 5 - Analysis of the dynamics of the liabilities of the balance sheet of Sberbank of Russia for 2013-2015

Funds from corporate clients in 2013 amounted to RUB 3,628.4 billion, and in 2014 funds increased by RUB 2,606.1 billion. or 71.8%. And they amounted to 6,234.5 billion rubles, and as of December 31, 2015, they amounted to 7,754.6 billion rubles, which is by 1,520.1 billion rubles. or 24.4% more than in the previous year.

The bank's borrowed funds increased to 398.0 billion rubles. (31.12.2013 - 499.1 billion rubles, 31.12.2014 - 537.2 billion rubles)

The main resource base of the Bank remains deposits of individuals, whose share in total liabilities is the largest percentage.

Table 6 - Analysis of the structure of the liabilities of the balance sheet of PJSC "Sberbank of Russia" for 2013 - 2015

In the structure of liabilities, the dominant items throughout the analyzed period are customer accounts and Own funds Bank, in an insignificant share of the funds of the Central Bank of the Russian Federation. The rest of the indicators have an insignificant share, but still form total liabilities.