Approved and registered by Finansinspektionen ( FI ) and published by Handelsbanken on 20 februari 2018. FI Dnr 18-2726, 18-2801 Supplement to the Base Prospectus FI Dnr 17-2752, 17-2917 for Svenska Handelsbanken AB (publ) s MTN, warrant and certificate programme. Approved and registered by the Swedish Financial Supervisory Authority on 20 februari 2018. 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 29, 2017. The supplement is approved and registered by the Swedish Financial Supervisory Authority on 20 februari 2018. 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 22 februari 2018. This supplement is made due to the publication on February 16, 2018 of Handelsbanken s Year-end Report for 2017 and should be read together with, and is a part of the Base Prospectus. Handelsbanken s Year-end Report and Base Prospectus can be found at www.handelsbanken.se. Changes are made to the following parts of the Base Prospectus: On page 187, add this sentence: Handelsbanken's Year-end Report of February 16, 2018 is incorporated this Base Prospectus by reference. subheading Incorporation by reference/most recent financial information, add this sentence: Handelsbanken's Year-end Report, pages 65-163 and 206-209 of February 16, 2018 incorporated this Base Prospectus by reference. subheading HISTORICAL FINANCIAL INFORMATION/FINANCIAL REPORTS, changed to read as: Handelsbanken's consolidated balance sheet are set forth on page 67 of AR 2017 and page 67 of AR 2016, income statement are set forth on pages 65-66 of AR 2017 and page 65-66 of AR 2016, change in shareholders' equity are set forth on page 68 of AR 2017 and page 68 of AR 2016, cash flow statement are set forth on page 69 of AR 2017 and page 69 of AR 2016 and notes to the income statement and balance sheet are set forth on pages 70 163 of AR 2017 and on pages 70-157 of AR 2016. subheading AUDIT OF THE ANNUAL HISTORICAL FINANCIAL INFORMATION, changed to read as: The audit report is set forth on pages 206-209 i ÅR 2017 and on page 202-205 i ÅR 2016. Item B. 12 in the Summary in the Base Prospectus changes, so the text is amended and columns Q4 2016 and Q4 2017 adds as follows:
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 report for the years ending 31 December 2016 and 31 December 2017. KEY RATIOS FOR THE HANDELSBANKEN GROUP YR 2017 YR 2016 Q4 2017 Q4 2016 Operating profit, MSEK 21 025 20 633 4 997 4 698 Profit for the year/ the period, MSEK 16 102 16 245 3 762 3 444 Total assets, MSEK 2 766 977 2 627 580 2 766 977 2 627 580 Shareholders' equity, MSEK Return on equity, total business, total operations% 1 12,3 13,1 11,2 10,6 Primary capital ratio, %, CRD IV 2 22,7 25,1 22,7 25,1 Total Capital adequacy ratio, %, CRD IV 3 28,34 31,4 28,3 31,4 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 The key figure is presented to facilitate an investor's assessment of the bank's financial situation and also for comparison between reporting periods. SEK m YR 2017 YR 2016 Q4 2017 Q4 2016 Equity Adjustment defined benefit pension plans -4 711-1 656-4 711-1 656 Adjustment fair value reserve -499-974 -499-974 Adjustment hedge reserve -654-2 487-654 -2 487 Reversed weighted dividend 135 740 131 264 135 740 131 264 Total adjusted equity Adjusted equity, average 130 538 123 812 133 810 129 375 Adjustment fo impact of conversions on adjusted equity, quarterly average -1-1 332-1 -2 370 Actual quarterly average of converted shares 1 1 335 1 2 430 Capital Market s holdings of SHB shares, 0 average 0 0 0 Adjusted equity, quarterly average 130 539 123 814 133 810 129 435 Profit for the period 16 102 16 245 3 762 3 444 Ereturn on equity, total operations 12,3% 13,1% 11,2% 10,6% 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).. 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). HANDELSBANKEN'S INCOME STATEMENT AND BALANCE SHEET IN SUMMARY INCOME STATEMENT, MSEK YR 2017 YR 2016 Q4 2017 Q4 2016 Net interest items: 29 766 27 943 7 777 7 299 Net commissions: 9 718 9 156 2 501 2 447 Other revenues: 2 190 3 664 874 379 Total revenues: 41 674 40 763 11 152 10 125 Personnel costs -12 472-12 542-3 178-2 981 Other costs: -5 889-5 401-1 712-1 518 Write-down and depreciation: -619-495 -184-114 Total costs -18 980-18 438-5 074-4 613 Net credit losses -1 683-1 724-1 084-832 Profits on sales of tangible / intangible assets:tillgångar: 14 32 3 18 Operating profit: 21 025 20 633 4 997 4 698 Taxes: -4 923-4 401-1 235-1 254 Profit for the year / the period from divested business after tax - 13 - - Profit for the year / the period: 16 102 16 245 3 762 3 444
BALANCE SHEET, MSEK YR 2017 YR 2016 Q4 2017 Q4 2016 Lending to the public: 2 065 761 1 963 622 2 065 761 1 963 622 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: Total liabilities: Shareholders' equity Total liabilities and shareholders' equity: 265 234 224 889 265 234 224 889 129 006 97 205 129 006 97 205 20 250 31 347 20 250 31 347 49 601 63 909 49 601 63 909 237 125 246 608 237 125 246 608 2 766 977 2 627 580 2 766 977 2 627 580 941 967 829 336 941 967 829 336 174 820 178 781 174 820 178 781 1 276 595 1 261 765 1 276 595 1 261 765 231 991 221 317 231 991 221 317 2 625 373 2 491 199 2 625 373 2 491 199 2 766 977 2 627 580 2 766 977 2 627 580 Handelsbanken confirms that no material negative changes in Handelsbanken s outlooks or financial situation or market position have occurred since the publishing date of the annual report. The consolidated accounts have been prepared in accordance with international financial reporting standards (IFRSs) and interpretations of these standards as adopted by the EU. However, note that some of the key ratios stated above are not defined under IFRS, they are instead defined as described in the foot note to the relevant key ratio. Note that key ratios which are not calculated in accordance with IFRS not necessarily are comparable with similar ratios presented by other companies and may therefore have some limitations when used as an analyzing tool.
Danish translation: B.12 Historisk finansiel information Tabellerne nedenfor viser særligt udvalgte finansielle informationer hentet fra Handelsbankens reviderede årsrapport for året som slutter den 31. december 2016 og for året som slutter den 31. december 2017. 2017 2016 Q4 2017 Q4 2016 Driftsresultat, mio. SEK 21 025 20 633 4 997 4 698 Årets resultat, mio. SEK 16 102 16 245 3 762 3 444 Balance, mio. SEK 2 766 977 2 627 580 2 766 977 2 627 580 Egenkapital, mio. SEK Rentabilitet på egenkapital total virksomhed % 1 12,3 13,1 11,2 10,6 Kernekapitalprocent, %, CRD IV 2 22,7 25,1 22,7 25,1 Total Kernekapitalprocent, %, CRD IV 3 28,34 31,4 28,3 31,4 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. Nøgletallet præsenteres for at lette en investors vurdering af bankens finansielle situation og øge sammenligneligheden mellem forskellige perioder.. mkr Egenkapital Regulering af ydelsesbaserede pensionsordninger Regulering til dagsværdireserve Justering reserve for sikringstransaktioner Vægtet udbytte tilføjet tilbage Samlet justerede egenkapital Korrigeret egenkapital, gennemsnit Regulering for konverteringars indvirkning på justerede egenkapital Faktisk gennemsnit af de konverterede aktier Capital Markets besiddelse af SHB aktier, gennemsnitlig Korrigeret egenkapital, årligt gennemsnit nettoindtægt Egenkapitalforrentning tot operationer ÅR 2017 ÅR 2016 Q4 2017 Q4 2016-4 711-1 656-4 711-1 656-499 -974-499 -974-654 -2 487-654 -2 487 135 740 131 264 135 740 131 264 130 538 123 812 133 810 129 375-1 -1 332-1 -2 370 1 1 335 1 2 430 130 539 123 814 133 810 129 435 16 102 16 245 3 762 3 444 12,3% 13,1% 11,2% 10,6% 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 ). 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 ).
HANDELSBANKENS RESULTAT OG BALANCE Resultatopgørelse, mio. SEK 2017 2016 Q4 2017 Q4 2016 Renteindtægt, netto: 29 766 27 943 7 777 7 299 Provisionsindtægt, netto: 9 718 9 156 2 501 2 447 Øvrige indtægter: 2 190 3 664 874 379 Indtægter i alt: 41 674 40 763 11 152 10 125 Personaleomkostninger: -12 472-12 542-3 178-2 981 Øvrige omkostninger: -5 889-5 401-1 712-1 518 Af- og nedskrivninger: -619-495 -184-114 Omkostninger i alt -18 980-18 438-5 074-4 613 Tab og hensættelser -1 683-1 724-1 084-832 Gevinst på salg af materielle/immaterielle aktiver: 14 32 3 18 Driftsresultat: 21 025 20 633 4 997 4 698 Skatter: -4 923-4 401-1 235-1 254 Resultat fra frasolgte aktiviteter efter skat: - 13 - - Årets resultat: 16 102 16 245 3 762 3 444 Balance, mio. SEK 2017 2016 Q4 2017 Q4 2016 Udlån: 2 065 761 1 963 622 2 065 761 1 963 622 Kassebeholdning, tillgodehavender: 265 234 224 889 265 234 224 889 Belåningsbare statsobligationer 129 006 97 205 129 006 97 205 Udlån til øvrige kreditinstitutter: 20 250 31 347 20 250 31 347 Obligationer, rentebærende 49 601 63 909 49 601 63 909 Øvrige di aktiver: i 237 125 246 608 237 125 246 608 Aktiver i alt: 2 766 977 2 627 580 2 766 977 2 627 580 Indlån: 941 967 829 336 941 967 829 336 Gæld til kreditinstitutter: 174 820 178 781 174 820 178 781 Værdipapirer: 1 276 595 1 261 765 1 276 595 1 261 765 Øvrige passiver: 231 991 221 317 231 991 221 317 Passiver: 2 625 373 2 491 199 2 625 373 2 491 199 Egenkapital Passiver og egenkapital i alt: 2 766 977 2 627 580 2 766 977 2 627 580 Handelsbanken bekræfter, at der ikke har været nogen væsentlige, negative forandringer i Handelsbankens fremtidsudsigter, finansielle- eller markedsposition, siden den dato, hvor årsopgørelsen blev publiceret Koncernregnskabet er udarbejdet efter de internationale regnskabsstandarder (IFRS) og fortolkningerne af disse standarder, som de er godkendt af EU. Vær opmærksom på, at en række af ovenstående indikatorer ikke er defineret i IFRS, men er defineret i fodnoterne. Nøgletal ej defineret i IFRS kan ikke sammenlignes med tilsvarende nøgletal præsenteret af andre institutioner og kan dermed have visse begrensninger som analyseværktøj.