team spirit - Bankier.pl

Most of the trading assets and trading liabilities are positive and negative market values
of trading derivatives (swaps) which BA-CA AG has concluded with HVB AG.
The items Other assets and Other liabilities include the positive and negative market values
of derivatives which BA-CA AG has concluded with HVB AG and which are designated as
hedging instruments in cash flow hedges. The average maturities are about 5 years.
Privatstiftung zur Verwaltung von Anteilsrechten (the “Private Foundation”; until
18 April 2001, “Anteilsverwaltung-Zentralsparkasse”)
The Private Foundation is a contracting party to the “Bank of the Regions” agreement.
A syndicate agreement has been concluded between the Private Foundation and Bayerische
Hypo- und Vereinsbank AG, Munich. Under Section 92 (9) of the Austrian Banking
Act, the Private Foundation serves as deficiency guarantor for all liabilities of BA-CA AG in
the event of the company’s insolvency.
The board of trustees of the Private Foundation has 14 members. Until 19 May 2005, six
members of the Supervisory Board of BA-CA AG were members of the board of trustees
of the Private Foundation; until 31 December 2005, five members of the Supervisory Board
of BA-CA AG were members of the board of trustees; since 1 January 2006, four members
of the Supervisory Board of BA-CA AG have been members of the board of trustees.
After the change in the legal form of Anteilsverwaltung-Zentralsparkasse into a private
foundation in 2001, the Municipality of Vienna serves as deficiency guarantor for all outstanding
liabilities, and obligations to pay future benefits, of Bank Austria Creditanstalt AG
(then Bank Austria Aktiengesellschaft) which were entered into prior to and including
31 December 2001. The extent of the guarantee and the probability of it being enforced
are examined by the Savings Bank Auditing Association on an annual basis.
The board of trustees of this foundation has three members. Until 19 May 2005, one of
them was a member of the Supervisory Board of BA-CA AG.
The board of trustees of this foundation has three members. Until 19 May 2005, one of
them was a member of the Supervisory Board of BA-CA AG.
All related party transactions were banking transactions on market terms.
The primary segment reporting format is based on the internal reporting structure of
business segments, which reflects management responsibilities in the Bank Austria
Creditanstalt Group in 2005. The business segments are presented as independent units
with their own capital resources and are responsible for their own results. The definition
of business segments is primarily based on organisational responsibility for customers.
Organisational changes in responsibility may lead to changes in the definition of business
segments during the year. On the basis of the new segment Large Corporates and Real
Estate, the previous year’s figures were adjusted. The internal reporting structure in the
Bank Austria Creditanstalt Group comprises the following business segments:
As part of a restructuring of Austrian customer business, the previous business segments
“Private Customers Austria” and “Corporate Customers Austria” were divided into three
new segments: Private Customers Austria, SMEs Austria, and Large Corporates and Real
Estate. The Private Customers Austria segment covers only private individuals. Business
customers are now included in the SMEs Austria segment (previously in the Private Cus-
144 Additional IFRS disclosures
c) Other information on related
party relationships
Municipality of Vienna
B & C Privatstiftung
Immobilien Privatstiftung
(31) Segment reporting
Changes in segment reporting
in 2005