问一道题：NO.PZ201812170100000302

问题如下：

Based on Exhibit 1, Company XYZ’s capital adequacy over the last three years, as measured by the three key capital ratios, signals conditions that are:

选项：

mixed.

declining.

improving.

解释：

A is correct.

Company XYZ’s key capital adequacy ratios show mixed conditions. The ratios are calculated as follows:

Common Equity Tier 1 Capital Ratio=Total Common Equity Tier 1 Capital/Total Risk-Weighted Assets

2015 Common Equity Tier 1 Capital Ratio=137,100/1,242,500=11.0%

2016 Common Equity Tier 1 Capital Ratio=142,367/1,282,849=11.1%

2017 Common Equity Tier 1 Capital Ratio=146,424/1,298,688=11.3%

Tier 1 Ratio=(Common Equity Tier 1 Capital+Additional Tier 1 Capital)/ Total Risk-Weighted Assets

2015 Tier 1 Ratio=(137,100+17,600)/1,242,500=12.5%

2016 Tier 1 Ratio=(142,367+20,443)/1,282,849=12.7%

2017 Tier 1 Ratio=(146,424+22,639)/1,298,688=13.0%

Total Capital Ratio=Total Capital/Total Risk-Weighted Assets

2015 Total Capital Ratio=192,900/1,242,500=15.5%

2016 Total Capital Ratio=190,374/1,282,849=14.8%

2017 Total Capital Ratio=191,519/1,298,688=14.7%

The common equity Tier 1 capital ratio and the Tier 1 capital ratio both strengthened from 2015 to 2017, but the total capital ratio weakened during that same period, signaling mixed conditions.