Approved and registered by Finansinspektionen ( FI ) and published by Handelsbanken on 2017-02-22. FI Dnr 16-2120, 16-2121 Supplement to the Base Prospectus FI Dnr 16-2120, 16-2121 for Svenska Handelsbanken AB (publ) s MTN, warrant and certificate programme. Approved and registered by the Swedish Financial Supervisory Authority on 2017-02-22 In accordance with Chapter 2, section 34 of the Financial Instruments (Trading) Act (SFS 1991:980), Handelsbanken hereby establish this supplement to the Base Prospectus dated March 16, 2016. The supplement is approved and registered by the Swedish Financial Supervisory Authority on 2017-02-22. Any investor who, before this supplement is made public, has submitted an application for or in any other way consented to a purchase or subscription of any transferrable security covered by the Base Prospectus, has the right to recall its application or consent within two weekdays from the publication of this supplement. Last day for recall is 2017-02-24. This supplement is made due to the publication on February 17, 2017 of Handelsbanken s Year-end Report for 2016 and should be read together with, and is a part of the Base Prospectus. Handelsbanken s interim Report and Base Prospectus can be found at www.handelsbanken.se. Changes are made to the following parts of the Base Prospectus: On page 3, add this sentence: Handelsbanken's Year-end Report of February 17, 2017 incorporated this Base Prospectus by reference. Section 8, Assets and liabilities, financial situation, and profits and losses, on page 28, subheading Incorporation by reference/most recent financial information, add this sentence: Handelsbanken's Year-end Report, pages 64-157 of February 17, 2017 incorporated this Base Prospectus by reference. Section 8, on page 28, add this: Return on equity, total business, total operations was calculated as follows:
SEK m 2016 2015 Equity 136 381 128 268 Adjustment defined benefit pension plans -1656 1 461 Adjustment fair value reserve -974-2 024 Adjustment hedge reserve -2487-4 940 Reversed weighted dividend Total adjusted equity 131 264 122 765 Adjusted equity, average 123 812 120 644 Adjustment fo impact of conversions on adjusted equity, quarterly average -1332-1 Actual quarterly average of converted shares 1335 1 Capital Market s holdings of SHB shares, 0 average 0 Adjusted equity, quarterly average 123 814 120 644 Profit for the period 16 245 16 343 Ereturn on equity, total operations 13,1% 13,5% * Opening balance for the period adjusted for weigheted dividend.
Item B.12 in the summary Historical financial information B.12 Historical financial information The below tables shows a summary of certain selected financial information taken from, and which must be read together with, Handelsbanken s audited annual accounts for the years ending 31 December 2015 and 31 December 2016 KEY RATIOS FOR THE HANDELSBANKEN GROUP YR 2016 YR 2015 YR 2014 Operating profit, MSEK 20 633 20 475 19 212 Profit for the year/ the period, MSEK 16 245 16 343 15 184 Total assets, MSEK 2 627 580 2 522 133 2 816 676 Shareholders' equity, MSEK 136 381 128 268 126 827 Return on equity, total business, total operations% 1 13,1 13,5 13,4 Primary capital ratio, %, CRD IV 2 25,1 21,2 20,4 Total Capital adequacy ratio, %, CRD IV 3 31,4 27,2 25,6 1) The year s profit in relation to average equity. Average equity is adjusted for value changes on financial assets classified as available for sale, derivatives in cash flow hedges, revaluation effects from defined benefit pension plans and a weighted average of new share issues, dividends and repurchase of own shares. This key ratio is not defined under IFRS but it is defined in AR 2015. The key figure is presented to facilitate an investor's assessment of the bank's financial situation. 2) Common equity tier 1 capital in relation to riskweighted assets. This key ratio is not defined under IFRS but it is defined and calculated in accordance with EU regulation no 575/2013 EU (CRR) and EU directive no 2013/36/EU (CRD IV). The key figure is presented to facilitate an investor's assessment of the bank's financial situation. 3) Total own funds for capital adequacy purposes in relation to risk-weighted assets. This key ratio is not defined under IFRS but it is defined and calculated in accordance with EU regulation no 575/2013 EU (CRR) and EU directive no 2013/36/EU (CRD IV). The key figure is presented to facilitate an investor's assessment of the bank's financial situation. HANDELSBANKEN'S INCOME STATEMENT AND BALANCE SHEET IN SUMMARY INCOME STATEMENT, MSEK YR 2016 YR 2015 YR 2014 Net interest items: 27 943 27 740 27 244 Net commissions: 9 156 9 320 8 556 Other revenues: 3 664 3 276 2 514 Total revenues: 40 763 40 336 38 314 Personnel costs -12 542-12 581-11 766 Other costs: -5 401-5 203-5 099 Write-down and depreciation: -495-487 -462 Total costs -18 438-18 271-17 327 Net credit losses -1 724-1 597-1 781 Profits on sales of tangible / intangible assets:tillgångar: 32 7 6 Operating profit: 20 633 20 475 19 212 Taxes: -4 401-4 277-4 069 Profit for the year / the period from divested business after tax 13 145 41 Profit for the year / the period: 16 245 16 343 15 184 BALANCE SHEET, MSEK YR 2016 YR 2015 YR 2014 Lending to the public: 1 963 622 1 866 467 1 807 836 Cash and balances with central banks: Interest-bearing securities eligible as collateral with central banks: Loans to other credit institutions: Bonds and other interest-bearing securities: Other assets: Total assets: Deposits and borrowing from the public: Debts to credit institutions: Securities issued: Other liabilities: 224 889 236 748 505 579 97 205 74 777 78 219 31 347 49 656 70 339 63 909 44 513 63 725 246 608 249 972 290 978 2 627 580 2 522 133 2 816 676 829 336 753 855 1 022 267 178 781 163 770 200 074 221 317 230 873 254 895
Total liabilities: Shareholders' equity Total liabilities and shareholders' equity: 2 491 199 2 393 865 2 689 849 136 381 128 268 126 827 2 627 580 2 522 133 2 816 676 Annual info above for 2014 and 2015 are revised and taken from annual reports in 2014 and 2015. The information for 2016 has been reviewed by auditors and is taken from the Year-end Report. Handelsbanken confirms that no significant detrimental changes have occurred in Handelsbanken's prospects since the publication of the interim Report. The consolidated financial statements are prepared in accordance with the international accounting standards (IFRS) and interpretations of these standards as adopted by the EU.
Danish translation: B.12 Historisk finansiel information Nedenstående tabeller viser et sammendrag af finansiel information fra Handelsbankens legale årsregnskab anno 2015 og 2016. Som forklarende element til sammendraget indgår fodnoter fra bankens revision nedenfor. Nøgletal for Handelsbankkoncernen 2016 2015 2014 Driftsresultat, mio. SEK 20 633 20 475 19 212 Årets resultat, mio. SEK 16 245 16 343 15 184 Balance, mio. SEK 2 627 580 2 522 133 2 816 676 Egenkapital, mio. SEK 136 381 128 268 126 827 Rentabilitet på egenkapital total virksomhed % 1 13,1 13,5 13,4 Kernekapitalprocent, %, CRD IV 2 25,1 21,2 20,4 Total Kernekapitalprocent, %, CRD IV 3 31,4 27,2 25,6 1) Årets resultat i relation til gennemsnitlig egenkapital. Gennemsnitlig egenkapital justeres for værdiændringer for finansielle aktiver der er disponibel for salg, derivater anvendt til afdækning af pengestrømme, opskrivningseffekt af netto pensionsforpligtelser samt et vægtet gennemsnit af aktieemission, udbytter og aktietilbagekøb. Ovenstående er ikke defineret i IFRS men i år 2015. Nøgletallet præsenteres for at lette en investors vurdering af bankens finansielle situation. 2) Kernekapital i forhold til risikovægtede aktiver. Dette element er ikke relateret til IFRS, men defineret og beregnet i overenstemmelse med EU-forordningen nr 575/2013 EU (CRR) og EU-direktivet 2013/36 / EU ( CRD IV ). Nøgletallet præsenteres for at lette en investors vurdering af bankens finansielle situation. 3) Den totale kapitalebase i forhold t il de risikovægtede aktiver. Dette element er ikke relateret til IFRS, men defineret og beregnet i overenstemmelse med EU-forordningen nr 575/2013 EU ( CRR ) og EU-direktivet 2013/36 / EU ( CRD IV ) Nøgletallet præsenteres for at lette en investors vurdering af bankens finansielle situation. HANDELSBANKENS RESULTAT OG BALANCE Resultatopgørelse, mio. SEK 2016 2015 2014 Renteindtægt, netto: 27 943 27 740 27 244 Provisionsindtægt, netto: 9 156 9 320 8 556 Øvrige indtægter: 3 664 3 276 2 514 Indtægter i alt: 40 763 40 336 38 314 Personaleomkostninger: -12 542-12 581-11 766 Øvrige omkostninger: -5 401-5 203-5 099 Af- og nedskrivninger: -495-487 -462 Omkostninger i alt -18 438-18 271-17 327 Tab og hensættelser -1 724-1 597-1 781 Gevinst på salg af materielle/immaterielle aktiver: 32 7 6 Driftsresultat: 20 633 20 475 19 212 Skatter: -4 401-4 277-4 069 Resultat fra frasolgte aktiviteter efter skat: 13 145 41 Årets resultat: 16 245 16 343 15 184 Balance, mio. SEK 2015 2014 2016 Udlån: 1 963 622 1 866 467 1 807 836 Kassebeholdning, tillgodehavender: 224 889 236 748 505 579 Belåningsbare statsobligationer 97 205 74 777 78 219 Udlån til øvrige kreditinstitutter: 31 347 49 656 70 339 Obligationer, rentebærende værdipapirer: 63 909 44 513 63 725 Øvrige aktiver: 246 608 249 972 290 978 Aktiver i alt: 2 627 580 2 522 133 2 816 676 Indlån: 829 336 753 855 1 022 267 Gæld til kreditinstitutter: 178 781 163 770 200 074 Værdipapirer: 1 261 765 1 245 367 1 212 613 Øvrige passiver: 221 317 230 873 254 895 Passiver: 2 491 199 2 393 865 2 689 849 Egenkapital 136 381 128 268 126 827 Passiver og egenkapital i alt: 2 627 580 2 522 133 2 816 676
Årsinformationen fra 2014 og 2015 ovenfor revideres og tages fra årsrapporter i 2014 og 2015. Oplysninger fra 2016 er revideret af revisorerne, og er taget fra de year-end rapport Handelsbanken bekræfter, at der ikke væsentlig negativ ændring i Handelsbankens fremtidsudsigter indtruffet siden datoen for offentliggørelsen af delårsrapporten. Koncernregnskabet er udarbejdet i overensstemmelse med de internationale regnskabsstandarder (IFRS) og fortolkninger af disse standarder, som er vedtaget af EU.