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Pohjola Pankki Oyj (LTS:0ICL) Scaled Net Operating Assets : 0.06 (As of Mar. 2016)


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What is Pohjola Pankki Oyj Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pohjola Pankki Oyj's operating assets for the quarter that ended in Mar. 2016 was €59,553 Mil. Pohjola Pankki Oyj's operating liabilities for the quarter that ended in Mar. 2016 was €55,891 Mil. Pohjola Pankki Oyj's Total Assets for the quarter that ended in Dec. 2015 was €59,655 Mil. Therefore, Pohjola Pankki Oyj's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2016 was 0.06.


Pohjola Pankki Oyj Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pohjola Pankki Oyj's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2015 )
=(Operating Assets (A: Dec. 2015 )-Operating Liabilities (A: Dec. 2015 ))/Total Assets (A: Dec. 2014 )
=(59655-55913)/50703
=0.07

where

Operating Assets(A: Dec. 2015 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=59655 - 0
=59655

Operating Liabilities(A: Dec. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55913 - 0 - 0
=55913

Pohjola Pankki Oyj's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2016 )
=(Operating Assets (Q: Mar. 2016 )-Operating Liabilities (Q: Mar. 2016 ))/Total Assets (Q: Dec. 2015 )
=(59553-55891)/59655
=0.06

where

Operating Assets(Q: Mar. 2016 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=59553 - 0
=59553

Operating Liabilities(Q: Mar. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55891 - 0 - 0
=55891

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


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Pohjola Pankki Oyj (LTS:0ICL) Business Description

Traded in Other Exchanges
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Address
Pohjola Pankki Oyj, provides banking, non-life insurance and wealth management services. It serves businesses, institutions and private individuals and provides banking and insurance services to customers while supporting corporate customers' business.. The Company operates through the following three business segments: Banking, Asset Management, and Non-life Insurance. The banking segment provides corporate and institutional customers with solutions for their financing and financial management needs. Banking consists of the following divisions: Corporate Banking, Markets and Baltic Banking. Companies within Banking are the member banks, Helsinki OP Bank PLC, OP-Kotipankki Oyj, OP Mortgage Bank and OP Fund Management Company Ltd and certain smaller companies supporting banking services in its entirety. The Company's Banking and Asset Management segments are also included under OP-Pohjola Group's Banking. The operations of OP Bank Group Mutual Insurance Company's are also included under Banking as the company's business consists of credit insurance to OP-Pohjola Group's retail banks. The Wealth Management Segment comprises the following operations: OP Life Assurance Company Ltd and Aurum Investment Insurance Ltd engaged in the Company's life and pension insurance business, OP Fund Management Company Ltd engaged in mutual fund business, and Pohjola Group's Asset Management segment. The Non-life Insurance segment encompasses the operations of OP-Pohjola Group's non-life insurance companies, i.e. Pohjola Insurance Ltd, Eurooppalainen Insurance Company Ltd, A-Insurance Ltd, the Seesam companies operating in the Baltic countries, as well as the operations of service companies supporting non-life insurance. Non-life insurance products include non-life insurance policies sold to corporate and private customers.