team spirit - Bankier.pl

team spirit | for europe 3
Highlights and awards in 2005 4
Preface To our shareholders, customers and business partners 7
Letter from the CEO of the new UniCredit Group 9
Profile With UniCredit to the First Truly European Bank 14
Organisation Chart of Bank Austria Creditanstalt 20
Development of the Bank in 2005 The Banking Environment in 2005 22
Management Report of the Group (with outlook) 24
The Bank Austria Creditanstalt Share 44
Business Policy Financial Targets and their Implementation 50
Austrian Customer Business 52
International Corporates and Special Finance 64
International Markets 68
Central and Eastern Europe (CEE) 76
Risk Management 92
Organisation and IT 96
Human Resources 100
Consolidated Financial Statements Contents 108
in accordance with IFRSs Income statement, balance sheet, statement of changes in
shareholders’ equity, cash flow statement 110
Notes to the consolidated financial statements 114
Notes to the income statement, notes to the balance sheet 127
Additional IFRS disclosures 141
Risk report 150
Information required under Austrian law
Concluding remarks of the Managing Board of
169
Bank Austria Creditanstalt 171
Report of the Auditors 172
Report of the Supervisory Board 174
Supplementary Information Corporate Governance 176
Consolidated financial statements and
management report signed on 27 February 2006
Editorial close of the Annual Report: 21 March 2006
Contents
Managing Board and Supervisory Board of
Bank Austria Creditanstalt AG
Income statement and balance sheet of the
178
Bank Austria Creditanstalt Group 2002 – 2005
Income statement and balance sheets of our
180
consolidated banking subsidiaries in CEE 182
Glossary 186
Offices 192
Register 198
Investor Relations, Notes 199
Part of the consolidated financial statements in accordance with IFRSs
Contents 5