-
Profit attributable to shareholders
-
Return on average ordinary shareholders’ equity
16.0
%
-
Cost efficiency ratio29.5
%
Profit attributable to shareholders
Return on average ordinary shareholders’ equity
Cost efficiency ratio
Profit attributable to shareholders
HK$m
Profit before tax
HK$m
Operating profit
HK$m
Net operating income before change in expected credit losses and other credit impairment charges
HK$m
Return on average ordinary
shareholders’ equity
Cost efficiency ratio
Earnings per share
HK$
Dividends per share
HK$
Change to presentation from 1 January 2018
Hong Kong Financial Reporting Standard 9 ("HKFRS 9")
The Group adopted the requirements of HKFRS 9 "Financial Instruments" from 1 January 2018, with the exception of the provisions relating to the presentation of gains and losses on financial liabilities designated at fair value, which were adopted from 1 January 2017. The impact of HKFRS 9 at 1 January 2018 on the consolidated financial statements of the Group was a decrease in net assets of HK$854m, arising from:
Refer to "Standards adopted during the year ended 31 December 2018" and "Effects of reclassification upon adoption of HKFRS 9" in Notes 1 and 3 for further details.
Shareholders’ equity
HK$m
Total assets
HK$m
Capital ratios
Common Equity Tier 1 (“CET1”)
Capital Ratio
Tier 1 Capital Ratio
Total Capital Ratio
Liquidity ratios
Liquidity Coverage Ratio
Net Stable Funding Ratio
Change to presentation from 1 January 2018
Hong Kong Financial Reporting Standard 9 ("HKFRS 9")
The Group adopted the requirements of HKFRS 9 "Financial Instruments" from 1 January 2018, with the exception of the provisions relating to the presentation of gains and losses on financial liabilities designated at fair value, which were adopted from 1 January 2017. The impact of HKFRS 9 at 1 January 2018 on the consolidated financial statements of the Group was a decrease in net assets of HK$854m, arising from:
Refer to "Standards adopted during the year ended 31 December 2018" and "Effects of reclassification upon adoption of HKFRS 9" in Notes 1 and 3 for further details.