annual financial statement 2011 - conwert Immobilien Invest SE
annual financial statement 2011 - conwert Immobilien Invest SE
annual financial statement 2011 - conwert Immobilien Invest SE
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CONWERT IMMOBILIEN INVEST <strong>SE</strong><br />
ANNUAL FINANCIAL <strong>2011</strong> STATEMENT ANNUAL REPORT <strong>2011</strong><br />
102<br />
Financial institution<br />
The following table shows the value of the derivative <strong>financial</strong> instruments held by the <strong>conwert</strong><br />
Group as of 31 December <strong>2011</strong>, which were recorded as cash flow hedges without recognition<br />
through profit or loss in accordance with IAS 39.<br />
Derivative Beginning End Hedge<br />
Reference<br />
value as of<br />
31.12.<strong>2011</strong><br />
in mill. €<br />
Fixed<br />
interest<br />
rate<br />
Reference<br />
interest rate<br />
Market value<br />
31.12.<strong>2011</strong><br />
in mill. €<br />
Aareal Bank AG Interest rate swap 30.06.06 31.05.16 Interest rate change 12.6 4.300 3-M-EURIBOR (1.4)<br />
Barclays Capital Interest rate swap 31.07.07 26.06.17 Interest rate change 100.0 4.080 3-M-EURIBOR (13.9)<br />
Barclays Capital Interest rate swap 01.10.07 01.10.17 Interest rate change 50.0 4.160 3-M-EURIBOR (7.6)<br />
Barclays Capital Interest rate swap 01.10.07 02.10.17 Interest rate change 20.0 4.687 3-M-EURIBOR (3.5)<br />
Barclays Capital Zins-Floor 30.09.10 31.03.20 Interest rate change 150.0 3.990 3-M-EURIBOR (26.9)<br />
Barclays Capital Interest rate cap 01.07.10 01.04.20 Interest rate change 20.0 4.000 3-M-EURIBOR 0.6<br />
BAWAG P.S.K. AG Interest rate swap 30.09.09 30.06.16 Interest rate change 26.0 4.150 3-M-EURIBOR (3.1)<br />
BAWAG P.S.K. AG Interest rate swap 08.11.11 30.09.17 Interest rate change 34.0 3.115 6-M-EURIBOR (2.7)<br />
BAWAG P.S.K. AG Interest rate swap 01.10.07 01.10.20 Interest rate change 30.0 4.490 3-M-EURIBOR (5.9)<br />
DZ Bank AG Interest rate cap 19.05.10 30.06.15 Interest rate change 1.7 4.000 3-M-EURIBOR 0.0<br />
Kreissparkasse Köln Interest rate swap 01.10.08 01.10.18 Interest rate change 7.0 4.500 3-M-EURIBOR (1.2)<br />
Landesbank Berlin Interest rate swap 31.12.09 31.05.16 Interest rate change 15.6 4.150 3-M-EURIBOR (2.0)<br />
Landesbank Berlin Interest rate cap 30.04.09 30.09.17 Interest rate change 0.4 4.200 3-M-EURIBOR 0.0<br />
Landesbank Berlin Interest rate swap 31.03.08 31.03.18 Interest rate change 5.0 4.280 3-M-EURIBOR (0.8)<br />
Landesbank Hessen-Thüringen Interest rate swap 02.10.08 30.06.17 Interest rate change 20.0 4.870 3-M-EURIBOR (3.5)<br />
Landesbank Hessen-Thüringen Interest rate swap 30.07.08 30.04.18 Interest rate change 10.0 4.495 3-M-EURIBOR (1.7)<br />
Landesbank Hessen-Thüringen Zins-Collar 30.07.08 30.04.18 Interest rate change 37.0 2.750 / 4.800 3-M-EURIBOR (2.7)<br />
Raiffeisenbank International AG Interest rate swap 10.07.08 06.07.17 Interest rate change 50.0 4.380 3-M-EURIBOR (7.6)<br />
Raiffeisenbank International AG Interest rate swap 01.10.07 02.10.17 Interest rate change 50.0 4.680 3-M-EURIBOR (8.4)<br />
Raiffeisenbank International AG Interest rate swap 22.08.08 22.08.18 Interest rate change 14.0 4.200 3-M-EURIBOR (3.2)<br />
Raiffeisenbank International AG Interest rate swap 07.10.08 08.10.18 Interest rate change 50.0 4.310 3-M-EURIBOR (8.0)<br />
Raiffeisenbank International AG Interest rate cap 31.03.10 31.03.20 Interest rate change 12.3 4.000 3-M-EURIBOR 0.3<br />
Raiffeisenbank International AG Interest rate cap 31.03.10 31.03.20 Interest rate change 30.0 4.000 3-M-EURIBOR 0.7<br />
Raiffeisenbank International AG Interest rate swap 02.01.12 30.12.22 Interest rate change 35.0 3.985 3-M-EURIBOR (5.9)<br />
Raiffeisenbank International AG Interest rate swap 07.08.03 01.07.23 Interest rate change 3.0 4.373 12-M-EURIBOR (0.3)<br />
Raiffeisenbank International AG Interest rate cap 31.03.10 31.03.25 Interest rate change 7.7 4.000 3-M-EURIBOR 0.2<br />
Raiffeisenbank International AG Interest rate swap 01.07.16 30.06.26 Interest rate change 30.0 4.600 3-M-EURIBOR (3.7)<br />
UniCredit Bank Austria AG Interest rate swap 17.06.05 17.06.15 Interest rate change 2.0 3.680 3-M-EURIBOR (0.2)<br />
UniCredit Bank Austria AG Interest rate swap 20.06.05 22.06.15 Interest rate change 2.0 3.680 3-M-EURIBOR (0.2)<br />
UniCredit Bank Austria AG Interest rate swap 07.05.07 08.05.17 Interest rate change 20.0 4.090 3-M-EURIBOR (2.7)<br />
UniCredit Bank Austria AG Interest rate cap 01.04.10 31.03.20 Interest rate change 20.0 4.000 3-M-EURIBOR 0.4<br />
Raiffeisenlandesbank Niederösterreich-Wien AG Interest rate cap 01.04.10 01.04.20 Interest rate change 20.0 4.000 3-M-EURIBOR 0.5<br />
Raiffeisenlandesbank Niederösterreich-Wien AG Interest rate cap 01.07.10 01.04.20 Interest rate change 40.0 4.000 3-M-EURIBOR 0.9<br />
Total (113.7)<br />
Financial institution<br />
As of 31 December <strong>2011</strong> the <strong>conwert</strong> Group held the following derivative <strong>financial</strong> instruments that<br />
were recognised through profit or loss:<br />
Derivative Beginning End Hedge<br />
Reference<br />
value as of<br />
31.12.<strong>2011</strong><br />
in mill. €<br />
Fixed<br />
interest<br />
rate<br />
Reference<br />
interest rate<br />
Market value<br />
31.12.<strong>2011</strong><br />
in mill. €<br />
Hypo Landesbank Vorarlberg Interest rate swap 15.03.10 15.03.13 Interest rate change 10.7 4.150 3-M-EURIBOR (0.4)<br />
Hypo Landesbank Vorarlberg Interest rate cap 02.01.06 01.01.16 Interest rate change 1.9 3.500 3-M-EURIBOR 0.0<br />
Hypo Landesbank Vorarlberg Interest rate swap 02.01.06 01.01.16 Interest rate change 4.6 3.530 3-M-EURIBOR (0.3)<br />
Hypo Landesbank Vorarlberg Interest rate swap 31.03.06 31.03.16 Interest rate change 2.6 3.860 3-M-EURIBOR (0.2)<br />
Hypo Landesbank Vorarlberg Interest rate swap 31.03.06 31.03.16 Interest rate change 6.1 3.840 3-M-EURIBOR (0.5)<br />
Hypo Landesbank Vorarlberg Interest rate swap 31.03.06 31.03.16 Interest rate change 11.1 3.840 3-M-EURIBOR (1.0)<br />
Landesbank Hessen-Thüringen Interest rate swap 30.09.09 30.09.16 Interest rate change 8.5 3.183 6-M-EURIBOR (0.5)<br />
Österr. Volksbanken AG Interest rate swap 31.03.06 01.10.27 Interest rate change 9.8 3.955 3-M-EURIBOR (1.4)<br />
Raiffeisenbank International AG Interest rate swap 15.03.06 31.12.13 Interest rate change 6.3 3.720 3-M-EURIBOR (0.3)<br />
Raiffeisenbank International AG Interest rate swap 30.03.07 31.12.15 Interest rate change 15.7 3.470 3-M-EURIBOR (1.2)<br />
Raiffeisenbank International AG Interest rate swap 02.01.06 04.01.16 Interest rate change 2.3 3.450 3-M-EURIBOR (0.2)<br />
Raiffeisenbank International AG Interest rate swap 02.01.06 04.01.16 Interest rate change 2.3 3.450 3-M-EURIBOR (0.2)<br />
Raiffeisenbank International AG Interest rate swap 01.02.06 01.02.16 Interest rate change 9.9 3.470 3-M-EURIBOR (0.8)<br />
Raiffeisenbank International AG Interest rate swap 03.04.06 01.04.16 Interest rate change 4.7 3.890 3-M-EURIBOR (0.5)<br />
Raiffeisenbank International AG Interest rate swap 03.04.06 01.04.16 Interest rate change 14.8 3.890 3-M-EURIBOR (1.4)<br />
Raiffeisenbank International AG Interest rate swap 04.08.06 30.06.16 Interest rate change 39.1 4.060 3-M-EURIBOR (4.4)<br />
Raiffeisenbank International AG Interest rate swap 04.08.06 30.06.16 Interest rate change 16.5 4.060 3-M-EURIBOR (1.9)<br />
Raiffeisenbank International AG Interest rate swap 07.10.08 08.10.18 Interest rate change 30.0 4.330 3-M-EURIBOR (4.9)<br />
Raiffeisenbank International AG Interest rate swap 15.03.06 31.12.25 Interest rate change 23.8 4.430 SMR issuers (2.3)<br />
UniCredit Bank Austria AG Interest rate swap 12.01.06 31.12.15 Interest rate change 5.2 3.495 3-M-EURIBOR (0.4)<br />
UniCredit Bank Austria AG Interest rate swap 12.01.06 31.12.15 Interest rate change 5.2 3.495 3-M-EURIBOR (0.4)<br />
<strong>Invest</strong>kredit AG Interest rate cap 30.12.05 30.06.15 Interest rate change 5.6 3.250 3-M-EURIBOR 0.0<br />
<strong>Invest</strong>kredit AG Interest rate swap 30.12.05 31.12.15 Interest rate change 5.9 3.450 3-M-EURIBOR (0.4)<br />
Total (23.6)
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